Toyota Motor Vietnam Co., Ltd (TMV) is an automobile Joint Ventures founded in Semtember, 1995. The total investment capital was 89.6 million USD based on the capital contributions from Toyota Motor Corporation (70%), Vietnam Engine and Agricultural Machinery Corporation - VEAM (20%) and KUO Singapore Pte.Ltd (10%).
Being one of the first automobile Joint Ventures in Vietnam, Toyota Motor Vietnam Co., Ltd (TMV) never stops making efforts to be "Moving Forward" together with Vietnam. TMV has been incessantly providing high quality products and perfect customer services to bring the highest satisfaction to our customers as well as positively contributing to the development of the Vietnamese automobile industry.
Since our establishment, TMV has incessantly developed not only in our sales but also in our production scale. By now, TMV is holding the leading position in the Vietnamese automobile market with the capacity of more than 30,000 units/year (two working shifts a day) and the accumulated sales of TMV reaching more than 305,799 units. All our products have a large market share in the market. With 11 employees since the first days, the current number of employees of TMV has reached over 1,900 and more than 6,000 employees working in 41 Dealers/Dealer's Branches/TASS nationwide.
Besides our business, TMV always puts much effort into the contribution to the state budget by fulfilling the duty of a taxpayer, as well as contributing to the sustainable development of the community and society with various long term, practical and meaningful activities.
Throughout the history of establishment and development, with all our efforts from TMV’s employees, dealers and suppliers, TMV has made great achievements and continuously improved itself to fulfill the mission of our customers and contribute significantly to Vietnam automobile market and society. With these achievements, TMV has been honored with the third lever Labor Medal by the Government and seems to be one of the most successful FDI companies in Vietnam.