RYOSHO VIETNAM CO.,LTD.
Ryosho Vietnam was established in April 2019 in Ho Chi Minh City, the economic center of Vietnam, which boasts a vibrant market with an average annual GDP growth rate in the 6% range, a population exceeding 96 million, and an average age of 31 years.
Currently, construction of Metro Line 1 is in progress as a JICA project in Ho Chi Minh City, which is expanding year by year. In this growing market, our primary focus is the sales of home elevators and elevating machines as our initial core business.
While Vietnam has previously attracted Japanese manufacturers, primarily in export and processing-oriented industries, with its cost-effective labor force and favorable geographical location, the impact of US-China trade friction is expected to accelerate the relocation of factories from China to Vietnam. Taking this geopolitical situation into account, we plan to expand the range of products year by year. Leveraging RYODEN's flexible global network, we will continue to respond to your various needs. We look forward to serving you.