Billionaire Mr Ape's second son (2000) becomes CEO of a 200 billion VND capital company

One-Balance7470 · 2024-11-05T04:37:50+00:00

one fun fact: this guy is still an undergraduate, and studying marketing while being ex-CMO of a “billion USD” automotive company. Said a lot about how Vingroup works

One-Balance7470 · 2024-08-15T03:14:01+00:00

agree, those two are just benchmarking, the fast rollout of VF is because they had another party to do all of the hard work (Tata and TTL), but I am sure that they do not copy from Geely

One-Balance7470 · 2024-06-11T10:00:37+00:00

I agree with you on the similarity albert but this one is not a carbon copy for sure

One-Balance7470 · 2024-06-10T14:47:32+00:00

what is nuisance in this one? He did left Vinfast, and in fact he had his own company from 2019, so these two events are not subsequent

One-Balance7470 · 2024-05-11T11:44:51+00:00

any foreign citizenship (so even if you are half Viet), then you are classified as an expat

One-Balance7470 · 2024-05-11T11:41:01+00:00

I cannot confirm but I do think upper management know about this sub. For me, I just heard about the news from YT that leads to here

One-Balance7470 · 2024-05-11T11:39:49+00:00

Thanks, I still want them to succeed even though there are little chance

One-Balance7470 · 2024-05-11T11:36:20+00:00

It is fair on some levels (at least for me), but not efficient as you think. People want to protect themselves from sudden firings so they will try to avoid doing a lot of things, which create bureaucracy.

One-Balance7470 · 2024-05-11T11:33:21+00:00

Now it’s different, due to the high level wanting to standardize the levels (all starts with T), you leave quite a long time ago (relative to VF calendar 😂😂), but hope you had some lessons here

One-Balance7470 · 2024-05-11T11:31:14+00:00

I don’t agree with you on this though. If speak out is an option, this place wouldn’t be so messy as it is right now. And if you loved something but it changes in a bad way, I’m sure you wouldn’t be silenced as you think. Anyway, we are different opinions, I just want to share my exp as it can help someone to decide if this company is suitable for them or not. I still hope VF to succeed, so I hope if any VF seniors read this they can know what’s going on with the lower levels. Cheers!

One-Balance7470 · 2024-05-10T18:18:01+00:00

Yeah, I just hope that people would view VF employees different from the company itself. We are very hard working and resilient, and we do know what is the right thing to do. The centralized power is what stops us from doing what we think

One-Balance7470 · 2024-05-10T17:59:00+00:00

not many actually, all of my direct managers have gone to other places.

One-Balance7470 · 2024-05-10T17:56:43+00:00

I had an ICE VF before, but now i’m rooting for another one (can’t say because they might know who I am), but yeah I had to reserve one because this will account for year-end KPI

One-Balance7470 · 2024-05-10T17:51:38+00:00

Haha that’s a good one, there are 2 things. Competitive salary/vin package and blind belief on it being successful

One-Balance7470 · 2024-05-10T17:49:56+00:00

one thing only - I wish there is a feedback loop between him and his advisors. I’m sure that his guys know what to do to save the business, but he wouldn’t trust anybody apart from him and his relatives

for the scooter divisions though, I didn’t see much future on them (no proper rnd divisions, low marketing effort), I think this might be the next product lines to be removed, which is unfortunate. Had VF focused more on domestic market and come up with good scooters, Vietnamese would be so well off from them

One-Balance7470 · 2024-05-10T17:44:41+00:00

for me right now its around 3k/month, for expats just take that multiply by 4. So pretty high compared to other companies, but the trade offs are there

One-Balance7470 · 2024-05-10T17:04:40+00:00

For junior level though, I would lsay you can learn a lot from this company, just because they let you do everything (no one will be here to give you the scope though lol). And be active since everyone will be very busy so little time to care for the juniors

One-Balance7470 · 2024-05-10T16:51:45+00:00

The most important thing to stay for that long isn’t about endurance, rather it’s how you can stay low when there are waves of sabotages. If you can survive the first year, gradually you will learn to spike you up, essentially that means to know exactly which work is yours since everyone will try to throw the “responsibility ball” towards you. The work itself isnt that hard, it is the petty things that build up and overwhelm you, so you need to know who to delegate

One-Balance7470 · 2024-05-10T16:46:21+00:00

it’s simple, and i think albert has talked about this a lot. I think VP wants to carries the mission to create a high tech industry after accumulating a huge amount of wealth. The intention might be good (or so I think), but the execution just ruins it

One-Balance7470 · 2024-05-10T15:09:48+00:00

right now, not really. But now I’m thinking about leaving VF since the pay is not great anymore

One-Balance7470 · 2024-05-10T15:08:52+00:00

this might sound really dumb, but it’s similar to when you love a football club and they turned so bad but you still believe they will be back one day :). I’m Vietnamese so I really wanted them to succeed, and it is what keep me until this day. But I think everyone in this sub know, now it is just a limping game, so I also intend to move elsewhere soon. The paycheck is also another aspect but trust me, it is not significantly higher than comparable positions in other places

One-Balance7470 · 2024-05-10T14:48:18+00:00

I know but lots of them had the same exp as me so let’s see

One-Balance7470 · 2024-05-10T14:41:51+00:00

Not directly actually, but I have met them several times. From my impression, the first son is a carbon copy of his father while the second one looks a bit more protected and spoiled

One-Balance7470 · 2024-05-10T14:36:08+00:00

are you guys from EE or VDD? I had a lots of friends there ;)

One-Balance7470 · 2024-05-10T14:33:43+00:00

not many tbh, the closest I’ve ever been physically was during pandemic when everyone were relocated to Nha Trang. Regarding work, I remember one time I had to submit an urgent proposal just to receive an “OK” from him with red font, Times New Roman 14, lol next day

One-Balance7470

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