Description

Vietnam Manufacturing and Export Processing (Holdings) Limited (VMEL) functions as an investment holding company primarily focused on the production and distribution of scooters, cub-type motorbikes, alongside their related engines and spare parts, all within Vietnam. These vehicles are marketed under the SYM brand. Beyond its core manufacturing activities, VMEL also produces specialized molds utilized in making die-cast and forged metal components, and provides maintenance services for motorbikes. The firm further diversifies its operations through real estate development. As of December 31, 2021, VMEL's robust distribution network throughout Vietnam consisted of approximately 194 SYM-authorized dealerships. The company also extends its market reach internationally, exporting its products to various countries, including Malaysia, the Philippines, Thailand, Greece, and Taiwan. Established in 1992, VMEL's headquarters are located in Bien Hoa, Vietnam, and it operates as a subsidiary of SY International Ltd.