The influx of Chinese sanitary wares has caused tension in the Vietnamese market!

The influx of Chinese sanitary wares has caused tension in the Vietnamese market!

Time:2019-11-26 Author:Lee, Catherine

According to Vietnamese media reports, according to data from local sanitary ware companies in Vietnam, a large number of Chinese sanitary ware products have been imported into Vietnam, the

prices are very low, and competition in the low-end Vietnamese market is fierce.

A ceramic company in the industrial zone of Tai Ping Province, Vietnam believes that domestic sanitary ceramic enterprises in Vietnam are being affected. The trade war has caused sanitary ware

imports from China to cost only one-third the prices of Vietnamese-made products and other imported equipment. For example, the price of a toilet is VND 1.1 to 1.2 million (equivalent to RMB

333-360), the price on the market is VND 1.4 to 1.5 million (equivalent to RMB 424-454), and the import price of Nissan and other Nissan products Approximately VND 4-7 million (equivalent to

RMB 1213-2123), similar to the Vietnamese local brand Viglacera, which costs VND 1.7 million or more (equivalent to RMB 515 or more) …

One of the reasons for this phenomenon is the transfer of the industrial chain, changing the label of origin for export.

According to some local manufacturing companies in Vietnam, it probably means that due to the weak competitiveness of local sanitary products, they can not compete with imported sanitary

products, and small businesses have gradually closed down.

According to customs data, Vietnam imported a total of 135,000 sanitary wares from China in 2016, 269,000 in 2017, and 400,000 in 2018, accounting for more than 20% of the market share.

The influx of Chinese sanitary wares has caused tension in the Vietnamese market!