Vietnamese truck, bus tire producers – Export market is the new pedal in the context of being narrowed its positioning in domestic
- The influx of Chinese imports of truck, bus replacement (TBR) tires at competitive prices since 2019 poses a threat to the potential expansion of sales volumes in Vietnam for domestic TBR tire producers such as DRC, CSM.
- Hence, these companies switched their care to export market (which is imposing the anti-dumping tax for Chinese products like US or is not noticed by China due to a small market size such as Brazil, Egypt in recent years). We view that Vietnam TBR tire producers will improve its export sales volume in short-term but may encounter limited sales growth in the long run once they reach their peak production capacity.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.