NTN Corporation expands in Vietnam with new Ho Chi Minh sales branch
September 25, 2024
NTN Corporation, headquartered in Osaka, Japan, is set to establish a new sales base in Ho Chi Minh, Vietnam, for its subsidiary NTN Bearing Vietnam Co., Ltd. Once established, the new facility will play a central role in the ASEAN region, where further market growth is expected.
NTN stated that it will work to expand the aftermarket business, through aggressive sales activities and the provision of technical services.
Vietnam has continued to achieve stable economic growth in recent years, driven by investment from multinational companies across various industries, including the automotive sector, and the expansion of local businesses.
In 2016, NTN established NTN Bearing Vietnam Co., Ltd., in Hanoi, to provide sales and technical services to customers of automotive and industrial machinery manufacturers, as well as sales to distributors.
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