VIMID: Three Consecutive Years in Vietnam’s Top 500 Largest Enterprises

The Announcement Ceremony of the Top 500 Largest Enterprises in Vietnam 2024 was successfully held with the participation of nearly 500 representatives from leading Vietnamese enterprises, economic experts, and media agencies. This marks the third consecutive year that VIMID has been included in this prestigious ranking, reaffirming the company’s market position and reflecting the relentless efforts of its leadership and employees over the years.

On January 8, 2025, in Hanoi, Vietnam Machine Investment Development Joint Stock Company (VIMID – Stock Code: VVS) was honored in the VNR500 – Top 500 Largest Enterprises in Vietnam 2024 ranking. The VNR500 ranking is organized by Vietnam Report JSC in collaboration with VietNamNet Newspaper to recognize and celebrate the outstanding achievements of Vietnam’s largest enterprises.

This is the third consecutive year that VIMID has received this prestigious recognition. To be included in the VNR500 ranking, VIMID and other enterprises are evaluated based on comprehensive business performance data and must meet strict criteria assessing overall corporate strength, including revenue, profit, total assets, growth rate, and workforce size.

Representative of VIMID receives the award for being among the Top 500 Largest Private Enterprises in Vietnam.

VIMID’s continued presence in the VNR500 ranking for three consecutive years (2022, 2023, and 2024) demonstrates its position and contribution to Vietnam’s medium- and heavy-duty transportation industry. It also serves as a testament to the trust of customers and partners, as well as recognition from organizations and the broader community for VIMID’s continuous efforts and achievements.

This accomplishment further highlights the company’s brand strength and the dedication of its leadership and employees. Based on the evaluation criteria of the organizing committee, VIMID has demonstrated remarkable growth and development while meeting the standards of an efficient and high-performing public enterprise.

As a pioneering company in Vietnam’s medium- and heavy-duty transportation sector, VIMID continuously researches and improves product quality, enhances operational efficiency, and strengthens its market presence through dedicated services and superior customer experiences. In addition, VIMID has developed a nationwide after-sales service network comprising 22 branches and authorized dealerships, supported by experienced experts and engineers, to meet the diverse and demanding requirements of customers and partners.

Certificate recognizing VIMID as one of the Top 500 Largest Enterprises in Vietnam 2024.

Alongside its VNR500 achievement, VIMID earned numerous prestigious awards in 2024, including: Top 100 Vietnam Gold Star Award; Top 9 Largest Private Taxpayers in the Distribution and Retail Sector; Top 200 Largest Tax-Contributing Enterprises in Vietnam (including state-owned, private, and foreign-invested enterprises); Top 10 Best Places to Work in Vietnam; No.1 Most Loved Employer among Medium-Sized Enterprises in the Mechanical Engineering, Automotive, and Automation Industry; Top 20 Most Loved Employers among Medium-Sized Enterprises; and Top 500 Best Employers in Vietnam.

Looking ahead, VIMID remains committed to expanding and strengthening its business, not only in the distribution of medium- and heavy-duty trucks but also through the development of advanced transportation and technology solutions. With the ambition of becoming a pioneer in introducing electric trucks and green transportation technologies to Vietnam, VIMID is preparing for new milestones aligned with global sustainable development trends.

As a reputable ranking organization, Vietnam Report has supported the successful development of many leading Vietnamese brands over the years. The VNR500 – Top 500 Largest Enterprises in Vietnam ranking has become one of the country’s most prestigious business rankings. In 2024, Vietnam Report and VietNamNet Newspaper jointly announced the VNR500 ranking for the 18th consecutive year, honoring large-scale enterprises that have maintained effective business operations and demonstrated resilience amid global uncertainties and economic slowdown. With its transparent and scientific methodology, inclusion in the VNR500 ranking serves as a valuable platform for enhancing the reputation and competitiveness of Vietnamese enterprises both domestically and internationally.