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NETT Vietnam Bicycle Factory opens in Phú Thọ: Xuân Hòa holds 52% of shares – affirming its key role in the development strategy

Ngày 27/11, tại Khu công nghiệp Trung Hà (Phú Thọ), Bicycle Factory - NETT Vietnam Joint Stock Company was officially inaugurated. The factory is larger in scale 60,000 m², invested in modern assembly lines, aiming to produce all lines Electric assist bicycle meets international standards.  
  In the shareholder structure of NETT Vietnam, Xuan Hoa Vietnam Joint Stock Company owns 52% of the shares, plays the role of controlling shareholder. With this position, Xuan Hoa participates in strategic direction, technology consulting and building a management and operation system for the factory's production activities.

Với over 45 years of experience In the field of industrial production, Xuan Hoa brings important advantages to NETT Vietnam:

  • Deep experience in production management and quality control.

  • The industrial ecosystem has been completed.

  • Optimized and highly standardized operating procedures.

  • Support market connection and build long-term product strategies.

Xuan Hoa's participation not only helps NETT Vietnam have a clearer direction on products and technology, but also creates a solid foundation for the factory to compete in the rapidly growing electric assist bicycle market in Vietnam and the region.

  Attending the event on Xuan Hoa Vietnam's side was the presence of: Mr. Nguyen Viet Anh - Chairman of the Board of Directors Mr. Nguyen Anh Tuan - General Director  and many key managers of Xuan Hoa Vietnam.   In addition, the inauguration ceremony also welcomed many domestic and foreign partners, showing special interest in the new orientation of NETT Vietnam and Xuan Hoa in the field of green mobility.   The presence of the board of directors and management staff of Xuan Hoa Vietnam is not only for attendance but also a strong affirmation of the spirit of companionship - investment - long-term cooperation in the strategy of developing electric-assist bicycles in Vietnam.  
  The program takes place with solemn and meaningful activities:   Cutting the inauguration ribbon - a ritual marking the official operation of the factory.   Planting trees on campus - demonstrating commitment to sustainable development and enhancing environmental value.   Visit the factory - introduce facilities and assembly line system.   Experience testing an electric assist bike - an official product about to go into production.  
  During the inauguration ceremony, Mr. Nguyen Tuan Ha - General Director of NETT Vietnam gave a speech sharing the factory's development strategy, emphasizing:   The necessity of green mobility trends in the context of urbanization.   The importance of mastering technology and improving production standards.   The goal is to bring "Made in Vietnam" electric assist bicycle products to the international market.  
  The speech made a strong impression, demonstrating steadfastness in strategic direction and belief in the development potential of the Factory.  

The inauguration and operation of NETT Vietnam Bicycle Factory is not only an important milestone for the business but also has great significance for the bicycle industry in Vietnam. With role controlling shareholder, Xuan Hoa Vietnam actively contributes to the strategic direction, builds the management system and supports the development of production capacity for NETT Vietnam.

In the near future, the factory is expected to become one of the important electric-assist bicycle production centers, contributing to helping Vietnamese products conquer regional and international markets.


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