VEAM- Equitisation to boost restructuring progress
VEAM is a leading company in the mechanical industry. Ownerships in joint ventures such as Honda Vietnam (HVN) and Toyota Vietnam (TMV) have been bringing about considerable financial income, especially during the period of passenger car market’s strong growth.
VEAM’s core business, consisting of agricultural machinery, mechanical parts and truck assembly, distribution have not obtained efficiency due to the underdeveloped production process, low domesticalisation rates and high SG&A expenditures. However, they are all industries that the government is in favour of, which possess long-term potential, especially when the reformation progress is boosted by participating strategic partners.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
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