Southern Vietnam Engine and Agricultural Machinery Company Limited
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Vietnam Engine and Agricultural Machinery Corporation
🇻🇳 Vietnam
1990More than 10000 peopleManufacturer/Trading Company/Wholesaler/Distributor/Service Company
High capacity factory
Established brand
Large enterprise group
Own brand
Shipments
93
Key customer
TOSHIBA
Key market
🇻🇳 Vietnam
Description
Vietnam Engine and Agricultural Machinery Corporation (VEAM) is a leading state-controlled manufacturer and distributor based in Hanoi, Vietnam. Established in 1990 and currently employing over 10,000 people, the corporation operates as a vertically integrated group specializing in the production of engines, agricultural machinery, and automotive vehicles. VEAM serves as a critical player in Vietnam's industrial sector, maintaining a vast network of approximately 300 dealers and operating multiple specialized manufacturing subsidiaries, including VEAM Foundry, DISOCO, and SVEAM.
The company's extensive product portfolio includes a wide range of diesel and gasoline engines, two-wheel and four-wheel tractors, combine harvesters, rice transplanters, and cultivators. In the automotive segment, VEAM manufactures and assembles trucks, including models from Hyundai, Changan, and MAZ, as well as dump trucks and buses. The corporation is also a key supplier of high-precision components, motorcycle parts, bearings, and foundry products, serving major international clients such as Honda, Toyota, Ford, and Tsurumi.
As a publicly traded entity (UPCoM: VEA) with significant manufacturing facilities, VEAM offers comprehensive OEM and contract manufacturing services. The corporation is committed to innovation, recently expanding into electric motor development and new diesel engine technologies. With a strong focus on international trade, VEAM exports machinery and components to various global markets while maintaining a dominant position in Vietnam's agricultural and transportation sectors.
Kubota Vietnam Company Limited, established in 2008, is a subsidiary of the global Kubota Group and operates as the first 100% foreign-invested factory for agricultural machinery assembly and distribution in Vietnam. Based in the My Phuoc 3 Industrial Park in Binh Duong, the company functions as a manufacturer, trading company, and distributor with a workforce of approximately 101 to 200 employees. It specializes in a comprehensive range of agricultural and forestry machinery designed to optimize efficiency and durability for local and international markets.
The company's extensive product portfolio includes tractors across multiple series (B, L, M, and MU), combine harvesters such as the DC-70 Pro and DC-93 Extra, rice transplanters, and excavators. Kubota Vietnam also provides a wide array of agricultural implements, including tillers, plows, harrows, bulldozers, and seeders. Beyond machinery, the company is a key supplier of diesel engines, generators, and genuine spare parts such as oil filters, belts, and coolant.
As a contract manufacturer and service provider, Kubota Vietnam supports OEM clients and maintains a robust after-sales network of over 40 distributors throughout Vietnam. The company is committed to delivering integrated solutions for food, water, and environmental challenges, leveraging the R&D and innovation strengths of its parent corporation to provide high-performance equipment tailored to diverse farming needs, from rice cultivation to industrial crops.