Recently, the visit of national leaders to Vietnam has sparked a wave of cooperation between China and Vietnam. The leaders of the two countries announced that on the basis of deepening the China Vietnam comprehensive strategic cooperative partnership, they would work together to build a strategic China Vietnam community of common destiny, accelerate the joint construction of the the Belt and Road Initiative and the strategic docking and cooperation of two corridors and one circle, and further promote the economic cooperation and exchanges between the two countries. Guangxi is connected to Vietnam by mountains and rivers, and with its geographical advantages, Yuchai, located in Guangxi, has become an important force for China to go abroad and promote the progress of China ASEAN cooperation.

After 26 years of trials and hardships, with the construction of the the Belt and Road, Yuchai has accelerated into many fields such as overseas automobiles, machinery and ships, becoming the engine brand with the widest application of industrial products and the highest pass rate of registration and certification in the Vietnamese market, as well as the Chinese power brand with the highest proportion in the Vietnamese market.

Open up the market and share opportunities. Taking advantage of the east wind of the the Belt and Road, Yuchai deeply ploughs into the Vietnamese market, participates in road transportation and engineering construction in Vietnam with efficient and reliable products and convenient and fast services, and injects continuous power into the lives of local people and economic development.

"Seagull Company mainly engages in the import of complete vehicles, such as China's Chenglong trucks, which are 100% equipped with Yuchai engines." According to Qin Cheng, the parts manager of Yuchai's Vietnam office, in 2022, Vietnam's Zhongka imported about 40000 complete vehicles, with over 10000 vehicles using Yuchai engines. As a distributor of Chenglong Trucks, Haiou Company imports around 5000 vehicles per year.

"Yuchai supplies a lot of products related to automobiles and tractors to the Vietnamese market. It has a wide variety and reasonable prices." Nguyen Van Wai, the after-sales business manager of Xing'an 4S store of Vietnam Seagull Automobile Company, said that Yuchai's service is very considerate and thoughtful. If there are any problems with the car, the office can provide assistance and timely solve customer problems. Made in China has diversified in the Vietnamese market, but Yuchai has a significant advantage and is highly favored by Vietnamese consumers.

Yuchai engines have sold over 150000 units in the Vietnamese market. In 2023, tractors equipped with Yuchai machines, as well as medium and heavy-duty dump/cargo trucks, have a market share of over 36% in Vietnam, ranking first in the industry. Yuchai air compressors, drilling machines, wheel excavators, and loaders are increasingly favored by local Vietnamese users, with sales increasing by 132% year-on-year in 2023. The power shortage in Vietnam in mid 2023 has had a significant impact on local factory production and residents' lives. Yuchai VTD and VC high-power generator sets serve the Vietnamese factory, providing strong support for enterprise production and operation; The export volume of Yuchai power generation units continues to grow, and as of now, sales have increased by 321% in 2023.

Yuchai has established 3 accessory center warehouses and 21 first-class service stations in Vietnam, covering the entire Vietnamese market, ensuring after-sales service and accessory demand for the entire series of Yuchai products, providing high-quality services for Vietnamese users, and strongly supporting the development of Vietnam's manufacturing industry.

In the fierce international competition, Yuchai continues to gain favor in overseas markets, which is due to the continuous rise of Chinese manufacturing and the heating up of China Vietnam economic and trade relations. "Vietnam is Yuchai's largest overseas market. Relying on the opportunities of the the Belt and Road Initiative, Yuchai will further focus on new potential markets and market segments, expand deeper and broader cooperation, accelerate brand landing and improve international competitiveness, and strive to become an enterprise model for building a community of shared future between China and ASEAN." Wang Limin, vice president of Yuchai, said. This article is from the official website of Jiandao: www.seetao. com. Reproduction without permission is not allowed, otherwise it will be punished. Please indicate Jiandao website and the original link when reprinting. Jiandao website's mechanical column editor/Zhou Yingwen