Vietnam Precision Industrial Joint Stock Company (VPIC) is a premier OEM and contract manufacturer established in 1994 and headquartered in Trang Bom, Vietnam. With a workforce of over 1,000 employees and a total factory area exceeding 315,000 square meters across multiple facilities, the company specializes in high-precision manufacturing for the automotive, motorcycle, powersports, agriculture, and healthcare industries. VPIC is a critical supplier to world-class brands including Harley-Davidson, Ducati, Honda, Yamaha, Suzuki, and BRP.
The company offers comprehensive, closed-loop manufacturing capabilities ranging from design and tooling to mass production. Core technical strengths include aluminum high-pressure die casting, hot and investment casting, CNC machining, precision stamping, and robotic welding. Their diverse product portfolio features motorcycle frames, automotive components, agricultural machinery parts, and specialized medical equipment such as hospital beds, wheelchairs, and patient lifts. VPIC also provides advanced surface treatments, including powder coating, liquid painting, and ED coating, alongside complex assembly services.
As a major international trade partner, VPIC exports approximately 85% to 90% of its annual production of 50 million parts to markets in North America, Europe, and Asia. The company maintains rigorous quality standards, holding certifications such as IATF 16949, ISO 9001, ISO 14001, ISO 50001, and ISO 14064. Through its subsidiaries, including Global Powersports Manufacturing Inc. (GPMI), VPIC continues to drive innovation in precision mechanical processing and automated technology solutions.
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Machinery Spare Part No.1 Joint Stock Company
🇻🇳 Vietnam
19681001-2000 peopleManufacturer/Wholesaler/Service Company
High capacity factory
Established brand
Large enterprise group
OEM manufacturer
Key customer
ATSUMITEC
Key market
Asia
Description
Machinery Spare Part No.1 Joint Stock Company (FUTU1) is a premier Vietnamese manufacturer specializing in precision mechanical components for the automotive, motorcycle, and agricultural industries. Established in 1968 and operating as a subsidiary of VEAMCORP, the company boasts over 55 years of industrial expertise. Based in Song Cong, Thai Nguyen, the enterprise operates a massive 130,000-square-meter production facility and employs a workforce of over 1,000 people. FUTU1 is a Tier-1 and Tier-2 supplier to global brands including Honda, Yamaha, Piaggio, VinFast, Schaeffler, and Sumitomo Heavy Industries.
The company's manufacturing capabilities are comprehensive, featuring 10 main production lines equipped with advanced NC and CNC machinery. Their core technological strengths include casting, forging, stamping, heat treatment, and high-precision mechanical processing. This integrated approach allows them to produce tens of millions of components annually, ranging from engine parts and transmission gears to complex assemblies. Key products include cylinder liners, connecting rods, sprockets, brake drums, gear assemblies, rocker arms, and various shafts for automotive and industrial applications.
FUTU1 is committed to international quality standards, holding IATF 16949, ISO 9001:2015, and ISO 14001 certifications. Beyond automotive and motorcycle accessories, the company also manufactures agricultural machinery parts and provides specialized services such as metal smelting, laminating, and surface treatment. As a publicly traded entity on the UPCoM exchange (stock code FT1), the company maintains a strong focus on sustainable development, environmental monitoring, and delivering high-reliability mechanical solutions to global markets.