VIMID’ MAKES ITS DEBUT ON THE FAST500 RANKING
This is the first time VIMID appears on the FAST500 Ranking – Top 500 Fastest-Growing Enterprises in Vietnam 2023.
On March 16, 2023, Vietnam Report JSC, in collaboration with VietNamNet Newspaper, officially announced the FAST500 Ranking – Top 500 Fastest-Growing Enterprises in Vietnam 2023.
Marking its 13th consecutive year, the FAST500 Ranking honors and recognizes outstanding Vietnamese enterprises that have achieved exceptional business performance based primarily on their compound annual growth rate (CAGR) in revenue. Complementary indicators such as total assets, equity, profit before tax, and corporate reputation in the media are also considered to provide a comprehensive assessment of each company’s scale and position within its industry.
In this year’s ranking, Vietnam Machine Investment Development Joint Stock Company (VIMID) proudly secured the 43rd position, joining many of Vietnam’s leading enterprises across different sectors. This achievement serves as a testament to VIMID’s unwavering resilience, strategic adaptability, and commitment to sustainable growth amid market volatility and global challenges.
Throughout recent years, VIMID has proactively implemented timely, flexible, and effective measures to respond to market changes. The company’s team of highly skilled, experienced, and dedicated professionals has played a pivotal role in maintaining operational excellence and achieving impressive results. In particular, despite the economic turbulence of 2022, VIMID accelerated its digital transformation efforts across multiple dimensions—from internal operations to digitalizing products and customer services. These initiatives not only optimized operational costs but also helped sustain strong business growth momentum.
With over a decade of establishment and development, VIMID has continually strived to build sustainable value and affirm its leading position in Vietnam’s medium- and heavy-duty commercial vehicle industry. Guided by its long-term mission: “Providing comprehensive transport solutions for individuals, organizations, and freight businesses in Vietnam”.
VIMID takes pride in delivering high-quality products, dedicated services, and maintaining a nationwide network of 22 professional 3S service stations across the country.
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On December 10, 2025, Vietnam Machine Investment Development Joint Stock Company (VIMID – stock code: VVS) marked a significant milestone as more than 21.5 million VVS shares were officially listed and traded on the Ho Chi Minh Stock Exchange (HoSE).
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.
October 13 annually – Vietnamese Entrepreneur Day – is a special occasion to honor those who contribute to the nation’s progress on the path of integration and development. It is also a time to reflect on the journey of pioneering entrepreneurs who dare to think and act. On this special occasion, Vietnam Machine Investment Development Joint Stock Company (VIMID – Stock code: VVS) sincerely extends its warmest wishes to all entrepreneurs and businesses across the country.