our development journey
Company Established
Various types of bearing were manufactured
Designed and manufactured machinery for the agricultural industry
Main products are marine hydraulic gearboxes, conveyor rollers, and small agricultural machines
Expanding
Business expanded to the supporting industry. Supply motorcycle parts for Honda and Yamaha
equitization
The enterprise changed its name to “Pho Yen Mechanical Joint Stock Companny” after the equitization program.
EXPORTING
The company exported its first order to Singapore, Malaysia and Japan. Products are motorcycle parts and construction mechanical components
Expanding
Business expanded to the automotive Industry components production.
The proud journey began on October 19, 1974, when the “Pho Yen mechanical Factory” the predecessor of Pho Yen Mechanical Joint Stock Company, was established.
From the early days, with small production workshops, outdated equipment, and a limited product range consisting mainly of bearings, agricultural machine parts, and conveyor rollers supplied to state-owned enterprises, the company has grown significantly and now ranks among the leaders in precision machining in Vietnam.
Over the past 50 years, driven by determination and innovation in management, the company has continuously renewed and developed, achieving steady growth in production and business, establishing a strong position in both domestic and international markets. The company has diversified its products, focusing on advanced technologies with high intellectual content, including bearings, motorcycle parts, agricultural machinery parts, construction machinery parts, and automotive components.
The company places great emphasis on investing in modern technology and high automation equipment. As of now, it has mastered a synchronized and closed technology process that encompasses everything from blank creation using hot and cold stamping equipment to CNC machining, heat treatment on automated lines, aluminum heat treatment, surface treatment via hot-dip galvanizing, and other coating lines.
FOMECO is confident in its ability to meet the most stringent demands from customers.
