Dang Thanh Thuy, who most recently held the position of CEO at Vinpearl, the hospitality division of Vingroup conglomerate, has tendered his resignation. Despite his resignation as CEO, Thuy will continue to serve on the Vinpearl board.
The news of Thuy’s departure from the CEO position was made public on a recent Thursday. However, Vinpearl has not yet announced who will take over the role or the specific reasons for Thuy’s resignation.
Thuy, aged 56, holds a Bachelor’s degree in literature. He has been part of Vinpearl since 2004. Thuy has had a significant career with Vinpearl, having held the position of chairman from January 2023 to March 2024. Moreover, he has also served as Vingroup’s deputy CEO from 2012 to 2016.
Recognized as one of Vietnam’s leading hospitality brands, Vinpearl boasts a vast portfolio of 48 hotels, resorts, theme parks, and golf courses, spread across 18 cities and provinces in the country.
The third quarter of 2025 saw the hospitality giant report revenues of VND3.09 trillion (US$117.5 million), indicating a significant drop by 40.7% compared to the previous year. The company’s post-tax profits for the same period were marked at VND169 billion, showing a decline by 66.6%. Furthermore, the company’s profits for the first nine months fell by 86%.
Vinpearl is 85% owned by Vingroup, a conglomerate chaired by billionaire Pham Nhat Vuong.
Who is Dang Thanh Thuy?
Dang Thanh Thuy is the former CEO of Vinpearl, a division of Vingroup conglomerate. He joined Vinpearl in 2004 and has contributed significantly to the company in various roles.
Who will replace Dang Thanh Thuy as CEO of Vinpearl?
The successor to Dang Thanh Thuy as CEO of Vinpearl has not yet been announced following his recent resignation.
How has Vinpearl’s financial performance been in recent times?
Vinpearl’s third quarter report of 2025 showed a significant drop in revenues and post-tax profits, with a year-on-year decline of 40.7% and 66.6% respectively. The company’s profits for the first nine months fell by 86%.
