VIMID (VVS) is a distributor of medium and heavy trucks, operating 23 service centers nationwide. Its Q3 2025 financial report shows accumulated revenue of 5.444 trillion VND, a 103% increase from last year, and pre-tax profit nearing 213 billion VND, a 174% increase. VIMID surpassed 30% of its revenue target and completed 137% of its pre-tax profit target for 2025, showcasing sustainable growth. The growth was driven mainly by a vibrant transport market, especially after the launch of 250 public investment projects. VVS shares reached a historic price of 54,000 VND per share, up 13%, amid a declining Vietnamese stock market. VIMID is gearing up for Q4 2025 with plans for green truck development and digital transformation, aiming to strengthen its foundation for growth from 2026 to 2030.
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