VIMID (VVS) Reports Breakthrough Results of 2nd Quarter of 2025 with Profit Surges 305%
Hanoi, July 19, 2025 – Vietnam Machine Investment Development Joint Stock Company (VIMID, stock code: VVS) has announced its financial statements of Q2-2025, recording a breakthrough performance and the strongest growth since its establishment. Positive revenue and profit indicators clearly demonstrate VIMID’s market potential and leading position in Vietnam’s truck industry.
Outstanding growth in Revenue and Profit in the first half of 2025
In the first six months of 2025, VIMID achieved cumulative revenue of VND 3,214 billion, up 74% compared to the same period in 2024 (VND 1,849 billion) and had completed 77% of revenue target of the whole year.
Notably, profit before tax reached VND 101 billion, marking a 305% increase over the same period last year and surpassing 113% targeted profit of 2025 – all achieved in just the first half of the year.
This outstanding performance comes amid VIMID’s comprehensive growth strategy, which includes expanding and enhancing the quality of its service network, investing in technology, and researching & developing new products to meet the increasing demands of both domestic and international logistics markets. VIMID demonstrates a clear ability to adapt quickly to rapidly evolving market dynamics.
Preparing for HSX Listing – The promising breakthrough of VVS Shares
Alongside these positive financial results, VIMID is finalizing procedures to list its VVS shares on the Ho Chi Minh City Stock Exchange (HSX) in the near future.
This marks an important step in the company’s strategy to expand investment opportunities, enhance transparency, and establish a solid foundation for the next growth phase from 2026 to 2030.
Commitment to Sharing Success with Shareholders
VIMID plans to distribute dividends to shareholders in August 2025, sending a positive signal to investors, particularly as VVS shares continue to be recognized by the market for their potential and performance.
As a leading enterprise in the medium and heavy-duty truck segment, with an increasingly comprehensive business ecosystem, VIMID is building a sustainable foundation for reaching new growth milestones, while continuing to partner with medium- and long-term investors on its journey forward.
Featured news
Related news
Amid increasingly complex climate change challenges, achieving net zero emissions has become a global trend. As one of the sectors contributing significantly to global greenhouse gas emissions, the transportation industry is entering a new era marked by an unprecedented green revolution. In this transition, green transport has emerged as a symbol of a sustainable future mobility system.
As the world rapidly transitions toward cleaner and more sustainable energy, electric trucks are emerging as a promising solution for the freight transport industry. Beyond being a global trend, electric trucks deliver tangible economic, environmental, and operational benefits. Thanks to these advantages, they have gained growing attention and recognition from the international community.
The 3-day, 2-night journey of the 2023 Teambuilding & Summer Trip themed “Branding by Doing” officially concluded, leaving participants with a wide range of emotions. Nearly 400 VIMID employees from both Northern and Southern regions joined the event, creating memorable moments of teamwork, fun, and engagement.