Vietnam Engine and Agricultural Machinery Corporat

Update news Vietnam Engine and Agricultural Machinery Corporat

Officials arrested, auto firm may not be listed in 2019

The recent arrest of former directors at the Vietnam Engine and Agricultural Machinery Corporation (VEAM) has derailed the company’s future business plan.

 

VEAM reports massive stock of unsold trucks

The country’s largest engine and machinery producer Vietnam Engine and Agricultural Machinery Corporation (VEAM) risks massive loss due to a large stock of unsold trucks built up since before 2017.