Vietnam Manufacturing & Export Processing (Holdings) Ltd makes this announcement about March 28, 2025, to consider and approve important agreements with Sanyang Motor Co., Ltd. The agreements consist of supplying motorcycle parts, exclusive distribution rights, and product supplies to the Sanyang group, with an annual cap until the end of 2027.
The strategic partnership enable the company to consolidate its market position on the pathway to achieve operational efficiency and sustainable growth. The endeavor is intended for the company to compete effectively and provide more value to its stakeholders.
Agreements are meant to strengthen the company's overall strategy to consolidate commercial presence and improve operational efficiencies. The company built good relations with Sanyang Motor Co., Ltd to enhance product quality, ensure smooth supply chain logistics and market penetration-this is the goal the company set for itself to further enhance relationships with key players in the industry and improve its capability to adapt to the market realities.
The company's business is exporting, manufacturing and some spare parts of motorcycles. It manufactures almost all types of motorcycles, from commuter to performance types, catering to the heterogeneous consumer need market. The company considers innovation and quality checks, keeping in line with international standards their products should meet. The company focuses on generally increasing its global presence in strategy alliances aimed at increasing its competitiveness in the motorcycle manufacturing industry and constant technological advancement in their products.