January 09, 2018

Bosch and Ricons signed a memorandum of understanding: Cooperation in construction and real estate development

Ho Chi Minh city, January 09, 2018 – Bosch, the leading global supplier of technology and services and Ricons, a member of Coteccons Group signed a Memorandum of Understanding (MoU) for a comprehensive cooperation in the fields of construction and real estate development. This strategic partnership will pave the way for Ricons and Bosch in Vietnam to enhance the safety, security and efficiency not only for construction projects and buildings across Vietnam but more importantly for the people as well.

The MoU covers three key areas of cooperation in which Bosch will supply hardware, software, and services of high quality standards, leveraging its strength in Automotive Aftermarket, Drive and Control Technology, Packaging Technology, Power Tools, Security Systems, and Thermotechnology. Guru Mallikarjuna, managing director of Bosch Vietnam said: “With the versatile portfolio, international network and local presence, Bosch can offer partners customized products and solutions to improve efficiency. This is the basis on which we are confident to enter this new partnership with Ricons, one of the top construction companies in Vietnam.”

With the aspire of sustaining high quality for projects as well as achieving productivity for every equipment used in construction progress, Ricons is continually looking for reputable and professional partners in order to supply to the market high classed real estate projects at the highest benefit for developers and residents. With more than ten years of experience, Ricons now operates about 100 construction projects nationwide, ranging from industrial factories, shopping malls, residential complex, schools, hospitals, office towers, etc.

In the initial area of cooperation, Bosch will provide Ricons with professional power tools, accessories and spare parts, as well as a full package of services, including product consultation, technical training, health and safety training, product maintenance, etc. As tools are designed with specific functionalities which require proper usage, training is critical to ensure the labor safety for people involved at construction sites, including over 700 experts, engineers, technicians of Ricons as well as thousands of labors from sub-contractors. For the maintenance of products, Bosch and Ricons are considering to set up booths or small shops at major construction sites to give workers direct and instant support when in needs of frequently-used accessories, spare parts or quick fix. Both companies are also considering to co-develop a smart scheme to monitor and manage the full circle of tool usage, using Bosch software and sensor technology, and by that helping Ricons improve project efficiency, reduce waste and maximize utilization of products and resources.

Furthermore, Bosch will offer Ricons products and solutions for security, safety and communications which help protect people’s lives, assets, and keep buildings safe. These range from video surveillance, intrusion and fire detection to voice evacuation systems as well as access control and management systems. Guru Mallikarjuna added that “Bosch can work with Ricons to develop integrated and connected solutions for Smart City and Smart Campus, as well as provide E-scooter system solutions and other IoT-based solutions in the longer terms.”

More News

See all

May 24, 2024

EuroCham engages in the EU-Vietnam Research & Innovation Community Meeting

Read more

May 24, 2024

EuroCham participated in a consultation on Vietnam’s Direct Power Purchase Agreement Framework

Read more

May 24, 2024

Productive Dialogue at the Law on Standards and Technical regulations Consultation

Read more

May 24, 2024

EuroCham emphasises soft skills and sustainability training at a forum organised by the Ministry of Education and Training

Read more

May 24, 2024

[Sector Committee Spotlight] Transport and Logistics Sector Committee: driving Vietnam’s progress

Read more

May 22, 2024

[CORPORATE PARTNERS] BASF expands its biomass balance portfolio for selected chemical intermediates

Read more

May 22, 2024

[Work @ EuroCham] GEFE PROJECT OFFICER – based in Ho Chi Minh City

Read more

May 22, 2024

[Work @ EuroCham] CORPORATE RELATIONS cum MEMBERSHIP EXECUTIVE – based in Ho Chi Minh City

Read more

May 17, 2024

EuroCham convenes collaborative meeting with the EU Ambassador to Vietnam

Read more

May 17, 2024

Traditional Breakfast Commemorates Norwegian Constitution Day’s 210th Anniversary

Read more

May 17, 2024

EuroCham engages in Information Exchange Conference on Power Supply 2024

Read more

May 17, 2024

Welcoming New Members to the EuroCham Family!

Read more

May 17, 2024

EuroCham celebrates Europe Day in Ho Chi Minh City

Read more

May 17, 2024

EuroCham to further enhance Green Synergies with the Global Green Growth Institute (GGGI)

Read more

May 10, 2024

EuroCham congratulates VCCI on the successful launch of the 2023 Provincial Competitiveness Index (PCI) & Provincial Green Index (PGI)

Read more

May 10, 2024

EuroCham continues to engage in administrative reform dialogue with the Prime Minister’s Taskforce on Administrative Procedure Reform

Read more

May 10, 2024

EuroCham Vietnam celebrates European unity on Europe Day

Read more

May 03, 2024

[Sector Committee Spotlight] Nutritional Foods Group (NFG) Sector Committee

Read more

May 02, 2024

[CORPORATE PARTNERS] Nestlé Vietnam promotes initiatives on emission reduction

Read more

April 29, 2024

[Event Recap] EuroCham and PwC Vietnam’s business luncheon on “CSRD and Its Impacts on Businesses in Vietnam”

Read more

April 26, 2024

ASEAN Future Forum envisions sustainable, people-centered growth

Read more

April 26, 2024

EuroCham leaders meet with EU’s Asia-Oceania Working Party

Read more

April 26, 2024

EuroCham Vietnam Board Member Stuart Livesey joins VBF leadership for 2024

Read more

April 26, 2024

EuroCham Vietnam engages in discussions on rooftop solar energy and DPPA mechanism

Read more

April 26, 2024

[CORPORATE PARTNERS] Deutsches Haus Ho Chi Minh City achieves Second LEED Platinum Certifications for Operation and Maintenance as first Building in Vietnam and South East Asia

Read more

April 25, 2024

EuroCham delegation holds strategic meetings with national authorities

Read more

April 19, 2024

[CORPORATE PARTNERS] BASF to showcase sustainable additive solutions at CHINAPLAS 2024

Read more

April 19, 2024

[Event recap] EuroCham’s Tourism & Hospitality Sector Committee’s “Travel Together” event emphasizes collaboration for a sustainable tourism future

Read more

April 19, 2024

EuroCham’s Construction Sector Committee and the Ministry of Construction’s International Cooperation Department forge stronger ties

Read more

April 19, 2024

EuroCham meets with the Electricity Regulatory Authority of Vietnam to discuss renewable energy policies

Read more

Pour une expérience optimale, veuillez tenir votre mobile à la verticale !

Platinum Partners

Gold Premium Partners

Gold Partners

Silver Partners

Premium Service Partners