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VEA – Visit Note – 20190304

Company Note 04/03/2019    160

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  • VEAM (Vietnam Engine and Agriculture Manufacturing Corporation) is the largest agricultural machinery and equipment manufacturer in Vietnam. VEA also has interests in automobile and motorcycle assembly and retailing through its joint ventures with Honda Vietnam (30%), Toyota Vietnam (20%), Ford Vietnam (25% via its affiliates Disoco) and other brands which together contributed VND6,849bn in financial income for VEA in FY18. We recently met with VEA’s management team and came away with the insights below.

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