VIMID Named Among Vietnam’s Top 500 Largest Enterprises for the Third Consecutive Year
The announcement ceremony for the Top 500 Largest Enterprises in Vietnam 2024 (VNR500) took place successfully, gathering nearly 500 representatives from leading Vietnamese corporations, economic experts, and media organizations. This marks the third consecutive year that Vietnam Machine Investment Development Joint Stock Company (VIMID – Stock Code: VVS) has been honored in this prestigious ranking — a demonstration to the company’s strong brand position, steady growth, and the unwavering efforts of its leadership and employees over the years.
On January 8, 2025, in Hanoi, VIMID was officially recognized in the VNR500 Ranking – Top 500 Largest Enterprises in Vietnam 2024, organized by Vietnam Report JSC in collaboration with Vietnamnet News. The ranking aims to acknowledge and honor the most prominent and high-performing enterprises across the country.
Being listed for three consecutive years demonstrates VIMID’s sustained operational excellence and financial strength. Companies included in the VNR500 are evaluated based on comprehensive data reflecting their business performance and overall corporate capacity, with criteria including revenue, profit, total assets, growth rate, and workforce scale.
VIMID Representative Receives Award for Being Among Vietnam’s Top 500 Largest Private Enterprises
For three consecutive years (2022, 2023, and 2024), VIMID has proudly secured its position in the VNR500 Ranking, reaffirming its strong market presence and significant contributions to the medium and heavy-duty transport sector. This recognition reflects the trust of customers and partners, as well as the acknowledgment from industry organizations and the wider community for VIMID’s continuous efforts and achievements over the years.
The award highlights VIMID’s brand strength and the relentless dedication of its leadership and employees. Based on the evaluation criteria of the organizing committee, VIMID has demonstrated outstanding growth, operational efficiency, and sustainable business performance, meeting the benchmarks of a dynamic and high-performing public enterprise.
As a pioneer in Vietnam’s medium and heavy-duty transport industry, VIMID takes pride in consistently innovating and enhancing product quality while improving business performance. The company has built a strong reputation through its customer-centric service philosophy and superior user experience. In addition, VIMID has expanded its nationwide service network with 22 authorized service centers and dealerships from North to South Vietnam, offering maintenance, repair, and warranty services. The network gathers top experts and engineers across the country to meet the most demanding requirements of customers and partners, further solidifying VIMID’s position as a trusted, forward-thinking enterprise in Vietnam’s transport industry.
VIMID Certified as One of Vietnam’s Top 500 Largest Enterprises in 2024
Alongside its recognition in the VNR500 Ranking, VIMID continued to make remarkable achievements throughout 2024, earning multiple prestigious national awards, including: Top 100 Vietnam Gold Star Award, Top 9 Private Enterprises Contributing the Most to Vietnam’s State Budget in the Distribution & Retail Sector; Top 200 Enterprises Contributing the Most to Vietnam’s State Budget (including State-owned, private, and foreign enterprises); Top 10 Best Workplace in Vietnam; Top 1 Employer Of Choice among Medium-sized Enterprises in the Engineering – Automotive – Automation Industry; Top 20 Employer of Choice among Medium-sized Enterprises Overall; Top 500 Best Employers in Vietnam.
Looking ahead, VIMID is committed to continuous expansion and innovation not only in the medium and heavy-duty truck distribution, but also through investments in advanced technology and modern transport solutions. With the ambition to become a pioneer in introducing electric trucks and green technologies to Vietnam, VIMID is taking strategic steps toward aligning with the global shift toward sustainable development.
As a reputable ranking organization, Vietnam Report has long supported the business community in building strong national brands. The VNR500 – Top 500 Largest Enterprises in Vietnam is among its most respected rankings, developed using transparent and scientific evaluation methods. This 2024 edition marks the 18th consecutive year that Vietnam Report, in collaboration with Vietnamnet, has announced the VNR500 list, honoring enterprises of significant scale, operational efficiency, and resilience amid global economic fluctuations and domestic growth challenges. Earning a place in the VNR500 Ranking not only recognizes a company’s business strength but also serves as a powerful platform to enhance the prestige and influence of Vietnamese enterprises in both domestic and international markets.
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