Board Resolution on Receiving Credit Facilities from Vietnam Prosperity Joint Stock Commercial Bank (VPBank)

On April 22, at Hall P406, Nam Cuong Building (Ha Dong, Hanoi), the 2023 Annual General Meeting of Shareholders of Vietnam Machine Investment Development Joint Stock Company (VIMID) was successfully held. The meeting approved multiple key documents with nearly 100% of votes in favor, reflecting shareholders’ strong consensus and trust in the company’s development direction, as well as in the leadership of the Board of Directors and the executive team.

Over the past 15 years of establishment and development, Vietnam Machine Investment Development Joint Stock Company (VIMID – stock code: VVS) has steadily affirmed its strong position in Vietnam’s freight transport market. One of the company’s greatest sources of pride, and a clear testament to its long-term commitment to customers, is its nationwide network of 3S service stations and authorized dealerships. This extensive system serves as a distinct competitive advantage, reinforcing VIMID’s reputation for reliability and customer-centric service.

The rapid growth of Vietnam’s economy has driven an increasing demand for freight transport, and with it, heightened competition within the industry. Amid numerous truck distributors in the market, a brand’s ability to earn customer trust depends not only on product quality but also on the professionalism of its after-sales service. Recognizing this, VIMID Joint Stock Company (stock code: VVS) has consistently invested in building a comprehensive after-sales service system, ensuring peace of mind and maximum convenience for customers.