In the first half of 2025, Mr. Phạm Nhật Vượng, Chairman of Vingroup, did not receive any salary as he continued his tradition of not taking remuneration, while other leaders at Vinhomes earned billions in compensation. He currently holds nearly 450,000 VIC shares and has a net worth of $12.8 billion, thanks to a strong surge in Vingroup shares. Despite not receiving a salary, he continues to invest heavily in VinFast, injecting an additional 23 trillion VND in the first half of 2025, totaling 50.167 trillion VND since 2023, exceeding his initial commitment. VinFast reported revenues of 33 trillion VND but a pre-tax loss of 24.447 trillion VND in the first half of the year. The company aims to reach breakeven by 2025. Despite the lack of salary, the success of VinFast will yield long-term benefits for Vượng and its shareholders.
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