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Bosch Vietnam reaches milestone in R&D

Released at: 11:07, 03/07/2019

Bosch Vietnam reaches milestone in R&D

Photo: Bosch Vietnam

German manufacturer celebrates fifth anniversary of R&D center in Vietnam.

by Hong Nhung

Bosch Vietnam celebrated the fifth anniversary of its automotive research and development (R&D) center in Vietnam on July 2.

Five years of growth

Established in 2014 and with investment standing at more than $20 million to date, the R&D center houses more than 70 engineers specializing in developing innovative automotive technologies, products, and solutions for both domestic and international markets.

Since its inception in 2007 in Vietnam, Bosch has been investing in R&D as well as human resources development. Continuously strengthening its local footprint and operations has been of strategic importance for the company and a vital part of its success.

Initially focused on researching automotive technologies as well as on further developing the skills of the company’s workforce in Vietnam, the R&D center has since expanded its scope to lead the product development of electrical components in the application of active safety and engine management systems.

Apart from driving technological advancements for two of Bosch’s automotive manufacturing plants in Thailand and Germany, the center has also started development collaboration with other similar Bosch locations in Asia-Pacific, Europe, and North and South America.

Business development in Vietnam

Bosch has experienced tremendous growth in Vietnam over the past ten years, recording another year of strong double-digit sales growth in fiscal year 2018.

Vietnam is also growing as an automotive powerhouse with rising demand for passenger vehicles and new mobility solutions. Developments are accelerated by encouraging infrastructure upgrades as well as stronger purchasing power.

To this end, Bosch established a regional two-wheeler and power sports division in Vietnam mid last year to address the fast-growing motorcycle industry. Based in Ho Chi Minh City, the division serves as the company’s Southeast Asian hub for motorcycle expertise and capabilities. Continued investment within the country is also on the company’s agenda.

“As a key manufacturing and R&D location for Bosch global mobility solutions, strong investments into increasing the capacity and capability of our plants are essential to keeping our competitive edge besides meeting the growing demand for our products and solutions,” said Mr. Guru Mallikarjuna, Managing Director of Bosch Vietnam.

“With market dynamics moving rapidly, the challenge for us is to bring new developments to the market faster. Continued integration of our facilities with connected manufacturing helps make the processes smarter, smoother, and learner, resulting in shorter innovation cycles.”

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