Dragon Bicycle Vietnam towards Vietnam domestic market

05:12, 26/12/2006

(ĐN)- According to Mr. Pai Yung Sung, General Director of the Dragon Bicycle Vietnam located in Nhon Trach 1 Industrial Park, the company is now introducing into the domestic market the electric bicycles under DAVINCI trademark.

(ĐN)- According to Mr. Pai Yung Sung, General Director of the Dragon Bicycle Vietnam located in  Nhon Trach 1 Industrial Park, the company is now introducing into the domestic market the electric bicycles under DAVINCI trademark. The electric bicycles have a weight of under 40 kg and are sold  with the price of VND5.4 million each.

 

Last year, Vietnam’s bicycle exporters to Europe were sued for dumping by the European Commission and had to face tariffs of 34.5 %. Accordingly, the company’ business activities were limited. That is the reason that Dragon Bicycle Vietnam is oriented toward the domestic market. The General Director said that it is very necessary to catch the needs of the end-users in Vietnam aiming to launch new products that meet the demands of the domestic market.

Reported by K.L