The Owner of ‘Vegetarian Pig’ Brings Machinery Abroad, Targeting a $310 Billion Market with a Revenue Goal of 10 Trillion

The High-Tech Mechanical Technology Corporation (SBG) has officially introduced its products at the Sydney Build Expo 2025 in Australia, showcasing steel and smart home solutions. SBG aims to export with prices competitive by 30-50% compared to local production in Australia. Founder Truong Sy Ba targets the global $310 billion machinery market, aiming to achieve revenue of 10 trillion VND by 2030 with focuses on construction and agriculture machinery, estimated to contribute 20% of the sector. Australia is seen as a promising market with high housing demands due to a plan to build 2 million housing units in the next decade. However, SBG’s projected revenue for 2025 is 3.010 trillion VND, a 4% decrease from last year due to a reduction in agricultural trade; the company intends to focus on higher-margin sectors such as machinery and renewable energy.