Viet Nam the second biggest SE Asia market for Bosch Group last year

The Vietnamese market generated US$286.4 million in turnover for Bosch Group last year, accounting for 31.3 per cent of the group's turnover in Southeast Asia.

The news was announced by the world leading technology and service supplier in HCM City on Wednesday.

The German firm said its global revenue last year hit $68.3 billion, an increase of 1.9 per cent, including $16.4 billion sales in Asia. Southeast Asian markets generated $912.6 million.

Vo Quang Hue, General Director of Bosch Viet Nam said Bosch was now the leading European investor in Viet Nam, with operations in Ha Noi, HCM City, Da Nang and Dong Nai.

Viet Nam was the firm's second major market in Southeast Asia and a strategic investment destination, said Hue.

Last year, despite the difficult economic situation, Bosch Viet Nam increased its workforce by 36 per cent to 1,200.

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