Bosch VietNam 737 views

Bosch first started in Vietnam with a representative office in 1994 and since 2007 the company is represented by Robert Bosch (Vietnam) Co. Ltd. Bosch has its main office in Ho Chi Minh City, with branch offices in Hanoi and Da Nang, and a Powertrain Solutions plant in the Dong Nai province to manufacture pushbelts for continuously variable transmissions (CVT) in automobiles. In addition, Bosch operates a software and engineering R&D center (Robert Bosch Engineering and Business Solutions Vietnam Co., Ltd), as well as an automotive R&D center for mobility solutions in Ho Chi Minh City. In fiscal 2017, Bosch recorded consolidated sales of about USD 114 million (101 million euros) in Vietnam, achieving a year-on-year growth of more than 17 percent. Total net sales, including sales of non-consolidated companies and internal deliveries to affiliated companies, stood at USD 328 million (290 million euros). As of 31 December 2017, Bosch employed roughly 3,700 associates in Vietnam. Bosch has diversified businesses in Vietnam including Automotive Aftermarket, Automotive Electronics, Drive and Control Technology, Packaging Technology, Power Tools, and Building Technologies.