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Southeast Asia, Africa are emerging agricultural machinery markets

Southeast Asia, Africa are emerging agricultural machinery markets

The emerging agricultural machinery markets will be Southeast Asian and African countries. Meanwhile the two Asian giants, India and China, will stabilise their mechanisation rate on the large quantities achieved in recent years.
VEAM receives qualified opinion in 2024 biennial financial review

VEAM receives qualified opinion in 2024 biennial financial review

In the first half of 2024, VEAM recorded a net revenue of over VNĐ1.9 trillion (US$77.4 million), down 2.8 per cent year-on-year. 
Intl woodworking machinery expo opens in Bình Dương Province

Int’l woodworking machinery expo opens in Bình Dương Province

A wide range of wood products and cutting-edge technologies in the wood industry are being showcased at the Bình Dương International Woodworking Machinery Exhibition that opened in the southern province on Thursday.
VEAM aims to liquidate its inventory of vehicles

VEAM aims to liquidate its inventory of vehicles

Vietnam Engine and Agricultural Machinery Corporation (VEAM) has set a target of selling inventory of vehicles from the VEAM Motor, Changan, and ISEKI tractor brands by the close of 2024.
LILAMA joins global green energy supply

LILAMA joins global green energy supply

Vietnam Machinery Installation Corp (LILAMA) plans to ship an average of four electrolyser modules per month to Saudi Arabia for the production of green hydrogen between now and early 2025.
Abbey Machinery strives to enhance presence in Viet Nam

Abbey Machinery strives to enhance presence in Viet Nam

Abbey Machinery was established in 1947 and has a strong tradition in agricultural engineering for over 75 years. Abbey has a respected track record of delivering premium quality machines suitable for the farmer and commercial users alike.
VEAM expects total revenue to grow 6.5% annually

VEAM expects total revenue to grow 6.5% annually

The company''s annual pre-tax profit, industrial output and revenue are set to grow 5 per cent and 10 per cent, respectively in the period.
Supportive solutions needed for enterprises

Supportive solutions needed for enterprises

Supportive solutions for businesses need to be implemented faster and stronger to improve the capacity of businesses and increase linkage among them, according to experts.
International industrial machinery expo opens in HCM City

International industrial machinery expo opens in HCM City

Some 200 exhibitors are displaying their products at the Viet Nam International Exhibition on Industrial Machinery Equipment, Technology and Products (VINAMAC Expo) that opened in HCM City on December 15.
Over 200 exhibitors to join international industrial machinery expo in HCM City

Over 200 exhibitors to join international industrial machinery expo in HCM City

The Vietnam International Exhibition on Industrial Machinery Equipment, Technology and Products, or VINAMAC Expo 2021, will be held at the Saigon Exhibition and Convention Centre from December 15 to 18.
VN Engine and Agricultural Machinery Co to pay dividend at 49.9 per cent

VN Engine and Agricultural Machinery Co to pay dividend at 49.9 per cent

Viet Nam Engine and Agricultural Machinery Corporation (VEAM) plans to spend VND6.63 trillion (US$287.2 million) to pay dividends in 2020 with a ratio of 49.9 per cent.
International machinery, supporting industry fairs open in HCM City

International machinery, supporting industry fairs open in HCM City

Five exhibitions, the Vietnam International Machinery Fair, Vietnam Supporting Industry Fair, Vietnam International Retailtech and Franchise Show, Vietnam International Premium Products Fair, and Vietnam International Maternity Baby and Kids Fair, opened in HCM City on December 17.
VEAM reports revenue down in both Q3 and 9 months

VEAM reports revenue down in both Q3 and 9 months

The Viet Nam Engine and Agricultural Machinery Corporation (VEAM) saw it revenue slumping 18 per cent year-on-year to reach VND910 billion (US$39.3 million) in the third quarter of this year.
Policies needed to promote mechanical engineering in agriculture

Policies needed to promote mechanical engineering in agriculture

Viet Nam must now import about 70 per cent of its agricultural machinery, mainly from China.
VEAM to pay 214.9 million dividend in cash

VEAM to pay $214.9 million dividend in cash

The Viet Nam Engine and Agricultural Machinery Corporation (VEAM) announced it would pay a cash dividend of more than VND5 trillion (US$214.9 million) on January 21.