VIMID Honored Once Again in Top National Budget Contributors, Committed to Driving Vietnam’s Growth

Corporate Growth and Social Responsibility

After 15 years of steadfast value creation, Vietnam Machinery Development Investment Joint Stock Company (VIMID – Stock Code: VVS) has solidified its position as a leading enterprise in the medium and heavy truck distribution sector, along with a network of standardized 3S stations across Vietnam. Beyond its impressive business growth, VIMID is also recognized for its commitment to social responsibility, contributing to the nation’s development.

According to the recently announced CafeF List 2025, VIMID’s total tax contribution in 2024 reached nearly 600 billion VND, an 82% increase compared to 2023. This achievement earned VIMID the 64th spot in the Top 100 Private Enterprises with the Highest Tax Contributions – PRIVATE 100, the 7th position among private enterprises in the distribution and retail sector, and a place in the Top 200 Tax-Contributing Enterprises in Vietnam – VNTAX 200.

This marks the second consecutive year VIMID has been recognized among the top tax-contributing enterprises, reflecting its robust financial health, exceptional growth, and transparent operations. Its presence in these prestigious rankings underscores VIMID’s role as a business that not only pursues profit but also actively contributes to building a transparent, prosperous, and sustainable economy.

Together with the top 100 private enterprises, VIMID contributed 244.4 trillion VND to the state budget in 2024, accounting for approximately 12–12.5% of the national budget. These figures highlight the private sector’s growing role as a key pillar in Vietnam’s economy.

Sustainable Development: Aligning Business Strategy with National Goals

As Vietnam strives to transition to a low-carbon economy and achieve net-zero emissions by 2050, as pledged at COP 26, sustainable development has become a core focus for Vietnamese enterprises.

Positioned as a pioneer in the green transition, VIMID has dedicated 15 years to developing and providing eco-friendly transportation solutions. This includes next-generation vehicles with Euro 5-compliant engines, fuel-efficient and environmentally friendly trucks, and the SINOTRUK electric truck series, optimized for Vietnam’s operational conditions. These initiatives lay the groundwork for a greener transportation sector, fostering a modern, efficient, and sustainable logistics system.

Beyond product provision, VIMID serves as a strategic partner in consulting and implementing flexible charging station solutions tailored to vehicle volume, routes, and operational schedules, helping clients optimize energy costs and enhance vehicle efficiency.

To date, VIMID has established a network of 23 authorized 3S service stations and dealerships across Vietnam, offering genuine parts and superior warranty policies, ensuring long-term customer support.

Through its green transportation solutions, VIMID is dedicated to partnering with logistics companies to optimize operations, reduce emissions, and build a modern, flexible, and globally aligned transportation infrastructure.

Long-Term Commitment and Vision: Partnering in National Development

Beyond business growth, VIMID actively engages in social initiatives, including charitable programs, scholarships, and driver support. Community service is integral to its strategy, reflecting its commitment to being a responsible corporate citizen.

As Vietnam enters a new era of growth, VIMID continues to pursue sustainable development, innovation, and service quality enhancement. It aims to maintain its leading position in the medium and heavy truck market, targeting the top 3 in Vietnam’s truck market share. By 2030, VIMID envisions becoming a leading truck industry group, leveraging AI, robotics, and clean energy in Vietnam and beyond. This vision includes building a Vietnamese truck brand and fostering a connected logistics community.