Vietnam Machinery Development Investment Joint Stock Company (VIMID) has been approved for the listing of 21,525,000 VVS shares on the Ho Chi Minh City Stock Exchange (HoSE). Before moving to HoSE, VVS showed stable growth on UPCoM. Specifically, VIMID’s net revenue in Q3 2025 reached VND 2,230 billion, 2.7 times higher than the same period in 2024, with a pre-tax profit of nearly VND 213 billion, up 173.7%. VIMID’s 2025 plan targets VND 4,200 billion in revenue and VND 90 billion in profit, having already exceeded its goals. Listing on HoSE will enhance credibility, broaden access to capital, and drive the production of green trucks and digital transformation. VIMID has also established a subsidiary specializing in automobile manufacturing, marking strategic development within the truck industry.
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