Bridgestone Tire Manufacturing Vietnam Llc (Vietnam)

The subject is known as a production facility in Vietnam of Bridgestone Group. Founded in 2012, it has been put into official operation since the end of 2014, getting involved in manufacturing and supplying radial tires for export and semi-products for the tire manufacturing industry. As shared by a female accountant of the company, about 98% of its output is finished tires. Its products (including finished products and semi-goods) are directly exported overseas via the parent company - BRIDGESTONE ASIA PACIFIC PTE. LTD and the ultimate parent company - BRIDGESTONE CORPORATION, she added. The destinations could be Japan, the USA, Belgium, Australia, Spain, New Zealand, etc of which Japan is the key market. The subject had obtained positive growth in both revenue and profit during the past two years. However, the number of export orders has significantly cut down this year due to the negative impacts of the economic recession. According to the female accountant, the total turnover for the first 11 months has attained around USD 84.5 million, remarkably decreasing by nearly 18% in comparison with USD 102.6 million in the same period last year. It is currently operating with a labor force of about 1,288 people.