SAMCO contributes 1,000 billion VND to the budget each year, aiming to produce electric vehicles.

That was the information at the 20th anniversary celebration of Saigon Transport Mechanical Corporation (Samco) on the evening of November 26.

Leaders of Ho Chi Minh City People's Committee presented the traditional flag to Saigon Transport Mechanical Corporation - Photo: SAMCO - Photo: THU DUNG

The ceremony was attended by Standing Deputy Secretary of the Ho Chi Minh City Party Committee Nguyen Ho Hai, Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong and leaders of many departments and branches... According to Mr. Pham Quoc Huy - Chairman of the Board of Members of Samco, the company has had an average annual growth rate of 8-10% in recent times.

At the same time, the budget contribution increased from 700 billion VND (in 2005) to nearly 1,000 billion VND (in 2024). During the past 20 years, Samco has managed to develop major bus stations in Ho Chi Minh City, serving people's travel.

In particular, the inauguration of the new Eastern Bus Station adds more options for passengers traveling to and from Ho Chi Minh City from the Central and Northern provinces...

In addition, Samco has more than 391 buses in operation, serving 22 public passenger transport routes, focusing on using "green" buses that do not pollute the environment. Previously, Samco leaders also said that in the coming time, the unit will focus on developing vehicle lines applying new technology, diversifying specialized vehicle products.

The initial product range is expected to be electric buses, electric cars for tourism ... Samco's units operating in the port and logistics sector such as Ben Nghe Port Company Limited and Phu Huu Port are promoting the improvement of ship clearance productivity by completing procedures to upgrade wharfs to receive large-tonnage ships; establishing a chain of logistics services for major goods...

Source: https://tuoitre.vn/samco-nop-ngan-sach-moi-nam-1-000-ti-dong-huong-den-san-xuat-xe-dien-20241126195339078.htm