Johnson Controls-Hitachi Air Conditioning establishes sales company in Vietnam

VietNamNet Bridge – Tokyo-based Johnson Controls-Hitachi Air Conditioning Group has announced that it will establish a new joint venture – Johnson Controls-Hitachi Air Conditioning Vietnam Limited Liability Company – with Thang Uy Engineering Asia Pte. Ltd.

The new company, which will start operating on October 1, 2018, will function as Johnson Controls-Hitachi Air Conditioning’s sales company in Vietnam, providing a wide range of air conditioning solutions ranging from residential and commercial air-conditioners to large-tonnage chillers and other related services. It will be led by General Director Nguyen Quang Hien.

In recent years, Southeast Asia has been undergoing dramatic economic growth, with 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.

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

Mr. Franz Cerwinka – CEO of Johnson Controls – Hitachi Air Conditioning and Mr. Nguyen Quang Hien – Director of Johnson Controls-Hitachi Air Conditioning Vietnam.

The new company’s General Director Nguyen Quang Hien said: “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 64provinces and a product training center for training technical staff will also be established.

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

Johnson Controls-Hitachi Air Conditioning is a global air conditioning manufacturer, established in October 2015 as a joint venture of Johnson Controls Inc. and Hitachi Appliances, Inc. With 16,000 employees, the group creates quality products, services and solutions for residential and commercial buildings throughout the world. It exceeds customer expectations with the most diverse range of HVAC products in the world – from ductless solutions to chillers to HVAC room air conditioning systems, fueled by our industry-leading technology and innovation. For more information, visit www.jci-hitachi.com.