Chairman of SINOTRUK Visits and Works with VIMID: Reinforcing Strategic Partnership, Opening a New Phase of Breakthrough Growth

The leadership delegation of SINOTRUK, led by the Group’s Chairman, recently paid a visit and held a working session at the headquarters of Vietnam Machine Investment Development Joint Stock Company (VIMID – Stock Code: VVS). During the visit, SINOTRUK acknowledged and highly appreciated VIMID’s outstanding achievements, while expressing strong expectations for a long-term strategic partnership between the two parties.

SINOTRUK Recognizes VIMID’s Capabilities and Market Leadership

The senior delegation of SINOTRUK Group – China’s national heavy-duty truck manufacturer – headed by Mr. Liu Zhengtao, Chairman of the Group, conducted an official visit and working session at VIMID. The meeting was held in a formal yet open atmosphere, yielding significant outcomes and further strengthening the strategic partnership between the two sides.

At the session, Mr. Liu Zhengtao and the SINOTRUK delegation recognized and highly valued VIMID’s notable achievements over more than 16 years of establishment and expansion in the Vietnamese market. In particular, VIMID is regarded as one of the pioneering enterprises in researching, developing, and shaping truck products tailored to Vietnam’s operating conditions and market characteristics—making a meaningful contribution to the development and positioning of the SINOTRUK brand in Vietnam.

In addition, VIMID’s integrated business model, built around a comprehensive transport solutions ecosystem, received strong recognition from SINOTRUK’s leadership. The company’s well-invested after-sales system—featuring an extensive service network, standardized operational processes, and rapid spare parts supply capability—has created a distinct competitive advantage. These efforts have not only enhanced customer experience but also increased product value and reinforced trust in SINOTRUK-branded vehicles in Vietnam.

Commitment to Strategic Collaboration for Sustainable Value

Entering the 2026–2030 period, SINOTRUK’s leadership identified this as a phase of strong acceleration for both parties, driven by rising demand in transport, logistics, and green transition. The Group reaffirmed its commitment to supporting VIMID in expanding market share in Vietnam, while increasing investment in after-sales systems and further developing a modern, synchronized service network aligned with international standards.

Both sides also agreed to strengthen cooperation in key strategic areas, including the development of green transport solutions, the application of advanced technologies in truck manufacturing and assembly, and technology transfer to enhance localization capabilities. Advancing environmentally friendly solutions and optimizing operational efficiency are expected to create a meaningful shift, in line with the sustainable development trajectory of the transport industry.

Speaking at the meeting, SINOTRUK’s leadership expressed confidence that, with a solid partnership foundation, long-term strategic vision, and strong execution capability, VIMID will continue to uphold its role as a leading strategic partner and serve as a key driver in advancing the SINOTRUK brand in Vietnam in the years ahead.

The visit by SINOTRUK’s leadership marks not only a significant milestone in the partnership but also opens a new chapter of collaboration with strong expectations for breakthrough growth—contributing to the advancement of Vietnam’s freight transport industry in the context of global integration and development.