About VMEP HOLDINGS Company

Vietnam Manufacturing, Processing and Export (Holdings) Co., Ltd. is one of Vietnam's leading scooter (scooter) and national car (cub) manufacturers. The group's sales volume currently ranks third among major foreign locomotive manufacturers. Its main business is the production of sukeda and national cars. The group also produces locomotive engines and parts for internal use and sales, and sells and repairs molds to make die-cast and forged metal parts. The Group's manufacturing and assembly business is mainly carried out in two plants, located near the two largest cities in Vietnam, Ho Chi Minh and Hanoi, respectively, and close to the regions with the most intensive market operations. The group has a long history in Vietnam and is a company deeply rooted in Vietnam. Unlike other foreign-funded enterprises in Vietnam, the Group has set up a business base and research and design department in Vietnam to respond to customer opinions in a timely manner, innovate and improve designs to improve product quality, and produce products that meet the needs of the local market. At the same time, the local plant enables the Group to increase its profitability by reducing labor and transportation costs for manufactured products. Vietnam Manufacturing, Processing and Export (Holdings) Co., Ltd. produces a variety of Skoda and national car models to meet the needs of different types of customers and increase the Group's market share in the industry. Furthermore, the Group adopted a unique dual brand strategy, which is to market products under the two brand names “SYM” and “SANDA” respectively to increase the Group's penetration rate in the consumer market. The group's SYM brand mainly produces high-end sukeda. The products use a number of specially designed components to be marketed as unique products that combine technology and fashion. Currently, the SYM brand has become the most popular brand in the Vietnamese Sokerda and national car markets. It has created a unique style, excellent quality, and stable and reliable concept in the minds of consumers, making the Group's products widely loved by consumers. Furthermore, the Group has expanded its distribution network in Vietnam, with around 230 dealerships; the Group also maintains close and long-term relationships with dealers. The Group also has a strong supplier network and is actively seeking the most suitable suppliers in ASEAN countries to ensure the Group's price advantage.