--- title: "ERA plans to build a production base in Vietnam to meet overseas order demands" type: "News" locale: "en" url: "https://longbridge.com/en/news/245874434.md" description: "ERA announced that it will build a production base in Vietnam to meet the demand for overseas orders. The company has established a wholly-owned subsidiary in Vietnam, Vietnam ERA, through its wholly-owned subsidiary SuYuan International, with a registered capital of 4.967 billion Vietnamese Dong and a total investment of 17.5335 billion Vietnamese Dong. This move will enhance the company's brand awareness in overseas markets, strengthen product supply and service capabilities, expand customer development, and further increase market share" datetime: "2025-06-24T10:47:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/245874434.md) - [en](https://longbridge.com/en/news/245874434.md) - [zh-HK](https://longbridge.com/zh-HK/news/245874434.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/245874434.md) | [繁體中文](https://longbridge.com/zh-HK/news/245874434.md) # ERA plans to build a production base in Vietnam to meet overseas order demands According to the announcement from ERA (002641.SZ), the company has invested its own funds to establish a wholly-owned subsidiary, Su Yuan International, in Singapore, and has set up a wholly-owned subsidiary, Vietnam ERA, in Vietnam with the Singapore subsidiary as the investment entity, to build a production base in Vietnam. The registered capital of Su Yuan International is SGD 10,000; the registered capital of Vietnam ERA is VND 49.67 billion (approximately USD 2 million), and the total investment amount for the Vietnam production base is VND 175.335 billion (approximately USD 7.06 million). The announcement stated that this external investment is beneficial for enhancing the company's brand awareness in overseas markets, strengthening the company's overseas product supply and service capabilities, better meeting the demand for overseas orders, expanding the breadth and depth of the company's customer development in overseas markets, and further increasing the company's market share of products in overseas markets ### Related Stocks - [ERA (002641.CN)](https://longbridge.com/en/quote/002641.CN.md) ## Related News & Research - [Assessing Develop Global’s Valuation After Strong Half Year Earnings And Recent Share Price Pullback](https://longbridge.com/en/news/279106199.md) - [Antares Vision Updates Share Capital After Incentive-Plan Share Issues](https://longbridge.com/en/news/279120394.md) - [Swire Pacific (SEHK:19) One Off HK$6.7b Loss Tests Bullish Earnings Growth Narrative](https://longbridge.com/en/news/279080849.md) - [BYD weighs Canada plant, legacy automaker buyout amid global push](https://longbridge.com/en/news/278974771.md) - [BYD's Brazil plant secures 100,000 export orders for Argentina, Mexico](https://longbridge.com/en/news/279092045.md)