The company has invested in and established a holding subsidiary, Vietnam Xinyou, in Vietnam in 2018. The Vietnamese subsidiary serves vehicle manufacturers in Vietnam, Indonesia, Cambodia, and other countries, with some exports to Europe. Downstream customers include Tianjin Fujita and Xidesheng, who have also invested in and established factories in Vietnam. Giant plans to invest in and establish factories in Vietnam in 2022, and production will begin in 2023. The Vietnamese subsidiary initially suffered small-scale losses, but has now started to make profits. Its scale will be adjusted in the future according to market changes; With the increasing demand in the market, it is expected that the gross profit margin will improve.