Robert Bosch to boost investment in Vietnam

German component supplier Robert Bosch is expanding its operation in Vietnam following spectacular growth after five years in the country. “We want to expand our distribution network and introduce new products in Vietnam, especially in the automotive aftermarket where we want to cooperate with local partners to set up more Bosch car services and express car services nationwide,” said Vo Quang Hue, managing director at Robert Bosch Vietnam.
In addition, the company will continue to invest in its plant in Dong Nai province by building a new workshop and setting up new production lines to increase output in line with rising demand in the market. Vo elaborated, “Between 2013 and 2014, we are planning to… import new equipment and machinery, which will enable us to expand production capacity to 5.7 million units per year. In other words, we’re ready to increase investment in the hi-tech plant to €230 million (US$297 million) by 2015.”
Robert Bosch Vietnam was established in 2008, with its corporate office based in Ho Chi Minh City and two offsite locations – a branch office in Hanoi and a gasoline systems manufacturing plant in Dong Nai province.
The company’s Dong Nai facility, located in the Long Thanh Industrial Park, currently manufactures belt components for vehicles ranging from compact cars to sports vehicles using gasoline or hybrid engines.
The company also opened an engineering center in Vietnam in May 2011.
(April 4, 2013)