HISTORY

Vietnam Engine and Agricultural Machinery Corporation - Joint Stock Company (VEAM), formerly known as 1-member State Company Limited, operates under the model of Parent Company - Subsidiary Company, under the Ministry of Industry and Trade. established on May 12, 1990 with the central goal of Vietnam's mechanical industry is the industrialization and modernization of agriculture and rural areas.

 

On January 18, 2017, according to the decision 4874 / QD-BCT on the equitization of Vietnam Engine and Agricultural Machinery Corporation, VEAM successfully organized the first General Meeting of Shareholders, officially transferred to operate under the model of Joint Stock Company.

 

VEAM currently has 27 member units including subsidiaries, one-member state-owned limited liability companies, joint stock companies, associated companies, dependent branches and a research institute. The member units of VEAM with over 20,000 employees are companies manufacturing and trading machinery and spare parts for agricultural, forestry and fishery production and transportation. Among the member units, there are 3 companies specializing in importing and exporting materials and equipment to meet the needs of VEAM and other customers. VEAM is a Vietnamese partner contributing capital and establishing joint ventures of Toyota Vietnam, Honda Vietnam, Ford Vietnam, Mekong Auto, Kumba and VEAM Korea.

 

VEAM is the largest enterprise in scale and has a long tradition of manufacturing agricultural machines in Vietnam. With extensive experience in manufacturing, VEAM products such as plows, internal combustion engines (gasoline and diesel), rice milling and gearboxes are very popular in the domestic market and nowadays export to foreign markets. VEAM production lines are continuously invested and improved to achieve the best quality at low cost. Besides, with well-trained human resources, VEAM has been able to apply advanced management models thereby reducing costs, increasing productivity and responding quickly to changes in the machine market. Agriculture.

 

Since the 2000s, VEAM has actively participated in the supporting industry and has so far achieved some certain successes. Currently, VEAM is the official supplier of spare parts for large joint ventures in Vietnam such as Honda, Piaggio, Yamaha ... With the current capacity, VEAM can produce details of frame and dynamic part details. mechanics, especially with difficult engine details such as: Crankshaft, Hand Margin (Connecting Rod) ... Cooperation with large companies has helped VEAM improve its trade and many foreign companies have come to Order like Sumitomo, Enkei, Konishi, Tshukuba ...

 

 

In 2009, VEAM Motor Corporation Branch (VEAM Motor) was built on the basis of synchronous design of Samsung automobile factory (Korea) with a capacity of 33,000 trucks / year, officially going to operate and ship the first cars. This is a large-scale automobile assembly plant with international standards, all-round transmission lines, electrostatic painting and fully automated assembly, which helps VEAM's truck products. achieve good quality and stability. So far, VEAM automotive brand has been widely accepted in the market, the sales volume has increased steadily every year.

 

In 2011, the Corporation's Branch - VEAM Casting Factory (Veam Foundry) was officially put into operation, invested and built to the standard design, providing high quality casting products to its member units. belonging to corporations, Japanese and European companies such as Toshiba, Iseki, Juki, Sumitomo, Komori, HE etc. In 2016, the Casting Factory put into operation an automatic casting line to increase the productivity and quality of Cast products.

 

In addition to developing supporting industries for motorbikes, VEAM promotes investment, calling for investors to produce automobiles, foreign auto parts and components to enter into joint ventures, associate and transfer technology. production of auto parts and components for VEAM member companies and construction of automobile parts and accessories manufacturing factories for companies: Toyota, Honda, Ford ... to increase the rate localization rate in accordance with the policy and direction of the Government, contributing to making Vietnam an industrialized country.

 

Vietnamese name: TỔNG CÔNG TY MÁY ĐỘNG LỰC VÀ MÁY NÔNG NGHIỆP VIỆT NAM - CTCP

Trading name: VIETNAM ENGINE AND AGRICULTURAL MACHINERY CORPORATION - JSC

Branch Name: VEAM

Chairman of the board: Mr. Bui Quang Chuyen

Acting General Director: Mr. Ngo Van Tuyen

 

HEAD OFFICE

- Address: Lot D, D1 area - Phu Thuong - Tay Ho - Hanoi - Vietnam.

- Phone: (+84)-24-62800802

- Fax: (+84)-24-62800809

- Email: office@veamcorp.com

- Website: http://veamcorp.com

 

BRANCH : VEAM MOTOR FACTORY

 

BRANCH IN HO CHI MINH CITY

- Branch Manager: Vo Thanh Tuan

- Email: tuan8595@gmail.com - vothanhtuan@veamcorp.com

- Accounting Office: Le Thi Minh Hieu

- Phone: 0932092252

 

BRANCH:  VEAM FOUNDRY

- Add: Lot B15, Area B, Hiep Phuoc Industrial Park, Nguyen Van Tao Road, Hiep Phuoc Commune, Nha Be District, Ho Chi Minh City, Viet Nam
- Director: Dong Trong Nghia

- Tel: (+84)28. 38734091 

 

BRANCH: CUA LO HOTEL, NGHE AN
- Add: Cua Lo District-Level Town, Nghe An province, Vietnam

- Director: Hoang Duy Thanh

- Phone: 091249374

- Email: hoangduythanh@veamcorp.com