Being founded in 2017 as a 100% foreign-invested company, the subject is engaging in assembling speedometers for motorcycles. Materials for its assembly are imported overseas as well as are supplied by local export processing firms. Above 90% of the output products are supplied to Honda Vietnam and the rest is exported to Italy. According to the subject's accounting department, thanks to receiving many orders from Honda Vietnam for new speedometer modules in order to replace suppliers in China and Thailand, the subject's net revenue hit a peak of VND 600 billion in 2022, soaring by 43.27% against the volume in 2021.Next to 2023, the subject has faced a lot of difficulties due to the post-Covid economic recession. As revealed, orders of clients sometimes decreased up to 50% this year.
Headquarters
Lot CN07-6, Binh Xuyen II Industrial Park, Ba Hien Town
Vinh Phuc; Red River Delta;
Postal Code: 15000
Contact Details: Purchase the Astra Visteon Vietnam Co., Ltd report to view the information.
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