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Piaggio Viet Nam Co., Ltd (Vietnam)

Main Activities: Motorcycle, Bicycle, and Parts Manufacturing
Secondary Activities: Motorcycle, ATV, and All Other Motor Vehicle Dealers | Automotive Parts and Accessories Stores | Other Direct Selling Establishments
Full name: Piaggio Viet Nam Co., Ltd Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

PIAGGIO VIET NAM is an Italian invested company, specializing in the manufacture of scooters for both local markets and export globally, including product ranges Vespa, Liberty, Fly, Zip, Beverly, and Medley. The subject started its production in Jun 2009 and launched its millionth scooter in Dec 2019. With about 1,000 employees, the company is the third-largest production facility of Piaggio Group after sites in Italy and India. According to the mass media, the subject has merged two projects and increased its investment capital to USD 165 million at the beginning of this year. This is to expand its scale of production and assembly of scooters and motorcycles from 250,000 products to 400,000 products per year, and scale of engine production and assembly from 300,000 products to 400,000 products per year.

Headquarters
Lot M, Binh Xuyen Industrial Park, Huong Canh Town
Vinh Phuc; Red River Delta; Postal Code: 15000

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Website: https://www.piaggio.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
October 02, 2007
Key Executives
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General Director
Ownership Details
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63.5%
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36.5%
Company Performance
Financial values in the chart are available after Piaggio Viet Nam Co., Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
37.11%
Total operating revenue
37.11%
Operating profit (EBIT)
48.94%
Net Profit (Loss) for the Period
48.61%
Total assets
36.61%
Total equity
-9.36%
Operating Profit Margin (ROS)
1.36%
Net Profit Margin
1.06%
Return on Equity (ROE)
147.41%
Debt to Equity Ratio
-21.61%
Quick Ratio
0.01%
Cash Ratio
-0.03%

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