Vingroup (VIC) restructures Vinfast, establishes new legal entity with charter capital of over VND5,183 billion
Thursday, June 4,2026
AsemconnectVietnam - Vingroup (VIC - HOSE) has just announced information regarding the restructuring of Vinfast. According to the plan, VIC will separate VinFast Manufacturing and Trading Joint Stock Company and establish a new subsidiary.
According to Resolution No. 14/2026, Vingroup has approved the separation of VinFast Manufacturing and Trading Joint Stock Company, a company established and operating under Vietnamese law, with enterprise code 0107894416, registered address at Dinh Vu Economic Zone, Cat Hai, Cat Hai Island, Cat Hai Special Economic Zone, Hai Phong City, Vietnam (VFTP), and the establishment of a new subsidiary based on the business separation.
The new company is expected to be named Vinfast Vietnam Joint Stock Company (VFVN). Its registered address will be at Dinh Vu-Cat Hai Economic Zone, Cat Hai Island, Cat Hai Special Economic Zone, Hai Phong City. This is also where Vingroup has its VinFast automobile manufacturing complex.
VFVN is expected to have a charter capital of nearly VND5,184 billion. Of this, Vingroup's capital contribution is 89.621% of VFVN's charter capital, corresponding to the value of preferred shares owned by Vingroup that were separated from VFTP.
The separation of VFTP is called a business separation transaction, adjusting the conversion ratio of preferred shares into common shares and other commercial rights of preferred shares issued by VFTP to Vingroup (hereinafter referred to as CPUD) due to the business separation transaction.
In Resolution No. 15/2026, the Board of Directors of Vingroup approved Vinfast Auto (VFS), a subsidiary of Vingroup, to transfer all voting shares in VFTP after the completion of the business separation transaction and appointing an authorized representative to manage Vingroup's capital contribution in VFS and exercise the shareholder's voting rights regarding the transfer transaction.
Issues related to the CPUD that Vingroup owns in VFTP after VFS completes the transfer transaction and assigns the General Director - Legal Representative of Vingroup to decide and implement matters related to the CPUD according to the approval of the Board of Directors and the law, and Vingroup's Charter.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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