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Johnson Controls-Hitachi Air Conditioning establishes sales company in Vietnam

Released at: 16:39, 18/09/2018

Johnson Controls-Hitachi Air Conditioning establishes sales company in Vietnam

Photo: Doanh Doanh (VET)

New company underway from October 1 and providing a wide variety of Hitachi air conditioning solutions.

by Linh San

The Tokyo-based Controls-Hitachi Air Conditioning has announced that it will establish a new joint venture, the Johnson Controls-Hitachi Air Conditioning Vietnam LLC, with Thang Uy Engineering Asia Pte. Ltd. on October 1.

The new company will function as Johnson Controls-Hitachi Air Conditioning’s sales company in Vietnam, providing a wide variety of air conditioning solutions ranging from residential and commercial air conditioners through to large-tonnage chillers and other related services.

“We are very excited to be taking this new step in Vietnam, one of the most dynamic markets in Southeast Asia and the world,” said Johnson Controls-Hitachi Air Conditioning Group Chief Executive Officer Franz Cerwinka. “The establishment of this new company represents our strong commitment to the country of Vietnam, the region, and its people.”

The new company will be led by General Director Nguyen Quang Hien, who commented: “Hitachi brand air conditioners are respected around the world for their reliability and cutting-edge technology. This new company will enable us to effectively deliver air conditioning solutions that serve the particular needs of consumers and business operators in this rapidly growing market.”

The joint venture will have approximately 80 employees, almost all of whom will be hired locally in Vietnam. A service network covering all 64 cities and provinces and a product training center for training technical staff will also be opened.

The company aims to achieve double-digit market share in Vietnam within five years and will contribute to the provision of improved air conditioning environments through the supply of high-quality air conditioning solutions under the Hitachi brand.

Southeast Asia has been undergoing dramatic economic growth in recent years, with concurrent increases in both personal consumption and capital investment. These trends have resulted in a rapidly expanding market for air conditioners.

As one of Johnson Controls-Hitachi Air Conditioning’s growth strategies for expanding business in the Southeast Asian region, the group is working to strengthen sales networks in various Southeast Asian nations. Growth in the Vietnamese market is particularly prominent so the decision was taken to establish the new company as an important anchor point for business.

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