
Hanoi, October 3, 2025 – Vietnam Machine Investment Development Joint Stock Company (VIMID – Stock Code: VVS) and its Chairman, Mr. Nguyễn Vũ Trụ, were honored to receive a commendation from the President of the Hanoi People’s Committee, acknowledging the company’s and individual’s significant contributions to the development and promotion of the Hanoi Young Business Association (HanoiBA) in 2025. This recognition reflects the city leadership’s high regard for VIMID’s steadfast efforts and strategic development initiatives.
Vietnam Machine Investment Development Joint Stock Company (VIMID) has officially approved the establishment of its subsidiary, VMASS, and decided to place a deposit for the land to construct a truck assembly plant in Hai Phong – marking a historic milestone in its development strategy and the realization of the Vietnamese truck brand dream. With a modern factory, an annual production capacity of 10,000 products, and a sustainable development strategy, VMASS aims to produce high-quality, environmentally friendly trucks, while contributing to higher localization rate and promoting the local supporting industries.
Vietnam Machinery Investment and Development Joint Stock Company (VIMID) respectfully announces the Quarter IV/2025 Promotion Program as follows:
Hanoi, September 9, 2025 – With a total budget contribution of nearly VND 600 billion in 2024, Vietnam Machine Investment Development Joint Stock Company (VIMID – stock code: VVS) was honored as the 64th in the Top 100 private enterprises contributing the highest budget in Vietnam in 2024, at the award ceremony organized by CafeF. At the same time, VIMID was also recognized as one of the Top 7 private enterprises contributing the highest budget in the distribution – retail sector. Previously, VIMID had appeared on the list of the Top 200 budget-contributing enterprises nationwide, including state-owned, private, FDI, and joint venture enterprises.
From August 14 to August 17, 2025, all VIMID employees nationwide gathered in Quang Binh province to celebrate a proud milestone – the 15th Anniversary of VIMID’s Founding, under the theme: “Solid foundations – Ready to break through.”
CafeF recently published the PRIVATE 100 ranking – the Top 100 private enterprises contributing the largest budgets in Vietnam in 2024, in which Vietnam Machine Investment Development Joint Stock Company (VIMID – stock code: VVS) impressively secured the 64th position among the nation’s leading companies. VIMID also made its mark by appearing simultaneously in VNTAX 200 – Leading Group (Top 200 enterprises contributing the largest budgets in Vietnam, including state-owned, private, FDI, and joint ventures) and, notably, in the Top 10 enterprises contributing the largest budgets in the distribution–retail sector in 2024. This clearly demonstrates VIMID’s significant financial contribution and outstanding growth momentum among private enterprises.
On October 18, 2025, Vietnam Machine Investment Development Joint Stock Company (VIMID) was honored to attend the 2025 Global Partners Conference organized by Shandong Heavy Industry Group (SDHi) – the parent company of SINOTRUK. This large-scale annual event brought together hundreds of strategic partners from across countries and regions worldwide. Within the framework of the conference, Vietnam Machine Investment Development Joint Stock Company (VIMID) – a distinguished representative from Vietnam – proudly received a double honor: the “Excellent Strategic Partner Award” from Shandong Heavy Industry Group and the “Notable Contribution Award” from SINOTRUK. These prestigious accolades mark a significant milestone in VIMID’s over 15-year journey of collaboration with global industry leaders, further strengthening its position on the international partnership network.
On August 1, 2025, at the Bac Giang International Logistics Center, Vietnam Machine Investment Development Joint Stock Company (VIMID – stock code: VVS) held a contract signing ceremony for the supply of 300 HOWO V7X dump trucks, and officially handed over the first 150 units to Bac Ninh FC Transport and Tourism Services Joint Stock Company.
Amid the growing demand for transportation and road logistics, the resulting emissions, fuel consumption, and environmental pollution have become major challenges to achieving global sustainable development goals. Addressing this issue requires the creation of an environmentally friendly transportation system more urgently than ever. Toward this objective, Vietnam Machine Investment Development Joint Stock Company (VIMID – Stock Code: VVS) has pioneered research and implementation of green transport solutions – not only contributing to reducing emission and operating costs, but also supporting logistics enterprises in their journey toward green transformation.