Vietnam Motors Industry Corporation - Joint Stock Company

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Yamaha Motor Vietnam Co., Ltd.

🇻🇳 Vietnam

1998

5001-10000 people

Manufacturer/Trading Company/Wholesaler/Distributor

High capacity factory

Established brand

Large enterprise group

Own brand

Shipments

104964

Key customer

YAMAHA

Key market

🇸🇬 Singapore

Description

Yamaha Motor Vietnam Co., Ltd. is a prominent manufacturer and distributor of motor vehicles established in 1998 as a joint venture between Yamaha Motor Company of Japan, Vietnam Forestry Corporation, and Hong Leong Industries Berhad. Headquartered in Hanoi with a large-scale workforce of 5,001 to 10,000 employees, the company operates a major manufacturing facility in the Noi Bai Industrial Zone. It is a vertically integrated enterprise specializing in the production, assembly, and export of motorcycles, motor scooters, and high-performance sport bikes. The company's extensive product portfolio includes popular scooter models such as the Grande, Janus, and NVX; geared motorcycles like the Exciter and Sirius; and an array of sport bikes including the MT and YZF-R series. Beyond finished vehicles, Yamaha Motor Vietnam is a key manufacturer of motorcycle components, spare parts, molds, and jigs, serving as an OEM supplier and exporter to international markets including South America. Their industrial capabilities are supported by certifications such as SASO and adherence to ISO standards. In addition to manufacturing, the company provides a comprehensive B2B and retail ecosystem, including wholesale distribution, technical testing, and after-sales services. They offer specialized maintenance through their Revzone Yamaha Motor retail arm and provide technical consulting and IT services for the broader Yamaha Motor Group. The company also engages in the distribution of electric bikes, power products, and marine equipment, maintaining a robust sales and service network across Vietnam.

WR155R

MT-10-SP

MT-10

TRACER-09

MT-09-SP

MT-09

YZF-R7

MT-07

TMAX

Ténére 700

YZF-R3

MT-03

Vietnam Engine and Agricultural Machinery Corporation

🇻🇳 Vietnam

1990

More than 10000 people

Manufacturer/Trading Company/Wholesaler/Distributor/Service Company

High capacity factory

Established brand

Large enterprise group

Own brand

Shipments

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.