Vietnam’s Richest Man Names Wife Chair of Taxi Firm GSM: Report

Vietnam’s richest man Pham Nhat Vuong handed the reins of his EV taxi company Green & Smart Mobility JSC to his wife, Pham Thu Huong, who has been named chairwoman of the business, according to news website VnExpress.

The appointment comes as GSM, known domestically as Xanh SM, weighs an international initial public offering that could value the company at about $20 billion.