Speaking at the ceremony, General Director Tran Ngoc Ha VEAM – he said, is the State Corporation under the Ministry of industry and trade, the past 25 years has been producing VEAM movers and agricultural machinery, manufacturing support, automotive, xemáy ... non stop efforts to complete the mission and strategic objectives set forth by the State :Maintain and develop the industry of Vietnam, especially in the agricultural sector and the production of automotive, motorbikes.Engine products and agricultural machinery of the business not only to domestic consumption but also for export to many countries around the world to go as Sri Lanka, Burma, the Philippines, Indonesia. VEAM is also the partner of many venture capital investors in Vietnam like Toyota, Honda, Ford. Besides, VEAM thriving industry also supports, with output growth every year, to meet the needs of a variety of domestic and foreign clients as Yamaha, Piaggio, Toshiba, Juki ...During the 25 years of establishment and development, VEAM always reached annual growth rates from 15-20%. With the assigned capital of 210 billion only in 1995, after the development process, in addition to always submit enough taxes and revenues to the budget according to the regulations, to present VEAM have accumulated business value is 13,300 billion, create direct jobs for the nearly 20,000 employees. At the ceremony, Deputy Minister of industry and trade Of Hung High appreciated the contributions of the past 25 years throughout VEAM for the development of agricultural mechanization and auxiliary industry.
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