VIMID Received Commendation from the President of Hanoi People’s Committee: Recognized for Outstanding Achievements in Promoting and Developing the Hanoi Young Business Association in 2025

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.

Honored at the Commendation Ceremony

Deputy President of Hanoi People’s Committee – Mr. Trương Việt Dũng presented the commendation to Mr. Nguyễn Vũ Trụ – Chairman of VIMID.

As part of the “2025 Young Entrepreneurs’ New Year” event, the Hanoi People’s Committee awarded commendations to outstanding collectives and individuals who have made notable contributions to the development and promotion of HanoiBA in 2025. Alongside VIMID and Chairman Nguyễn Vũ Trụ, 18 other enterprises and 19 exemplary entrepreneurs across various sectors were also recognized. This accolade highlights the relentless efforts of VIMID specifically, and the broader young business community of Hanoi, in this new era of development.

Speaking at the event, Mr. Nguyễn Vũ Trụ shared: “Over the past period, VIMID has actively contributed to social welfare activities and has closely collaborated with HanoiBA in numerous programs promoting partnerships and trade initiatives. This is one of our key missions – to help build a cohesive business community and foster a culture of responsibility. Thanks to these efforts, we are honored to have earned the trust of the City Party Committee and the Executive Board of HanoiBA.”

Regarding the commendation, he expressed his pride: “I gratefully accept this commendation as a recognition of VIMID’s tireless efforts. More importantly, it motivates us to go further, continue creating sustainable value, and promote a spirit of sharing and dedication.” He further affirmed the company’s commitment: “VIMID pledges to continue supporting the young business community, working alongside HanoiBA to nurture big ideas, expand new cooperation opportunities, and contribute even more to Hanoi and to the nation.”

Role and Contributions to HanoiBA

In April 2025, Mr. Nguyễn Vũ Trụ was elected as Vice Chairman of the Hanoi Young Business Association (HanoiBA), a prominent organization that gathers, connects, and supports young entrepreneurs in the capital, with the aim of promoting entrepreneurship, innovation, and contributions to socio-economic development. In his new position, he has played a pioneering role in guiding and promoting the core values of the young business community by actively implementing initiatives to enhance engagement among members, proposing practical ideas, and creating an environment where young enterprises can learn, collaborate, and grow together.

As Vice Chairman of HanoiBA and an active member, both Mr. Nguyễn Vũ Trụ and VIMID have made significant contributions to the association’s achievements in 2024–2025, particularly in three key areas:

• Active participation in competitive movements and social welfare activities – Engaging in charity and community programs organized and promoted by HanoiBA and the city authorities.
• Support for trade promotion and business networking – Collaborating in initiatives to connect enterprises and expand commercial opportunities.
• Contribution to strategic initiatives – Proactively proposing ideas and strategies to strengthen cohesion within the young business community and promote sustainable development.

VIMID – An enterprise committed to sustainable development

Throughout its operations, VIMID has asserted a pioneering role in the distribution of medium and heavy-duty trucks, while gradually expanding production partnerships to create a comprehensive, modern, and green logistics ecosystem. Alongside its growth strategy, VIMID places strong emphasis on corporate social responsibility and embedding value-driven initiatives into its corporate culture. Beyond contributing hundreds of billions of VND to the national budget, VIMID has generated thousands of stable jobs, promoted humanitarian values, and pursued sustainable development goals, establishing itself as one of the most comprehensively developed companies with a significant impact on Vietnam’s transport and logistics industry.

Through dedicated efforts and tangible contributions, VIMID and its Chairman, Mr. Nguyễn Vũ Trụ, have earned the trust of city leaders, the HanoiBA Executive Committee, and its members, being recognized as a standout example within Hanoi’s young business community. This recognition not only honors the individual and collective achievements of VIMID but also serves as a clear testament to the company’s steadfast commitment to supporting Hanoi’s young entrepreneurs.

Based on these contributions and accomplishments, Mr. Nguyễn Vũ Trụ and the VIMID team reaffirm their commitment to continue promoting initiatives that support and connect the young business community in Hanoi. With a sustainable development strategy focused on innovation and value creation, VIMID proudly collaborates with HanoiBA to foster a dynamic business environment, while actively contributing to the overall development of the capital and the nation’s prosperity.