Hitachi is one of the most popular brands in Vietnam, which is perceived as an attractive market for air-conditioning with its impressive population of 95 million people. The establishment of new sales company Johnson Controls-Hitachi Air Conditioning in Vietnam proves that this company is very aggressive in the pursuit of acquiring a certain market share. In mid-October 2018, Johnson Controls–Hitachi Air Conditioning partnered with Thang Uy group (TUG) to officially form a sales company. On one side is a global manufacturer of air-conditioners that was established in Japan in October 2015 as a joint venture between Johnson Controls International and Hitachi – two companies whose products have been strictly verified and have been operating in the global market for over 100 years. On the other side, TUG is an official distribution channel of corporations concentrating on manufacturing top quality equipment with almost 20 years experience of distribution in the domestic … [Read more...] about Johnson Controls-Hitachi Air Conditioning is boosting their air conditioning business in Vietnam
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Maritime, air-conditioning expos start in HCMC Le Hoang HCMC – Two international exhibitions on the maritime and air-conditioning sectors were opened under the same roof at the Saigon Exhibition and Convention Center (SECC) in HCMC on March 29. The sixth International Maritime Exhibition (INMEX Vietnam 2017) features 300 brands of shipbuilding, shipping, marine services and engineering, marine equipment, offshore marine, port and logistics from Germany, Italy, South Korea, Norway, Russia, New Zealand, the Netherlands, the UK and the U.S. Vietnam has a coastline of 3,200 kilometers, plus 1,900 kilometers of inland waterway and 127 ports, which all facilitate maritime development. Hendrik G. Lacet, director of the Maritime - Consult Lacet Company and INMEX consultant, noted that Vietnam has good conditions to develop the shipbuilding industry. He highly valued the sector development in the coming time. Meanwhile, the 11th Heating, Ventilation, Air Conditioning and … [Read more...] about Maritime, air-conditioning expos start in HCMC
The Carrier Corporation has dominated the conventional system air conditioning market for a century since Willis Carrier invented his air conditioner in 1902. Recently in Central and South America, however, LG has emerged as a new, trusted partner for the region’s air conditioning needs. LG’s success certainly hasn’t happened overnight; rather, it’s the culmination of a decade of making headway in the region with a succession of energy efficient, eco-friendly solutions. Of late, LG’s variable refrigerant flow (VRF) technologies have drawn considerable attention. It is little surprise then that when construction began on Chile’s (then) tallest skyscraper in 2010, the Titanium La Portada in Santiago, LG’s air conditioners were chosen for the job. Likewise, LG was also brought in to design and build a water-cooled heating and cooling system for Santiago’s Santa Rosa project. The USD 7 million contract called for snowmelt from the Andes to … [Read more...] about LG’s system air conditioning solutions see significant growth in Central and South American markets.
In Briefs (18-11-2006) Gree invests $3 million in air-conditioning plant HA NOI — Gree Corp, one of the Chinese largest corporations, has invested US$3 million to the first phase of an air-conditioning plant in Viet Nam. The corporation will increase the invested capital by $10 million to complete the remaining parts of the plant in the next three years said Tran Trung Kien, a member of Gree’s Exclusive Office. Gree Corp posts a total year-on-year revenue of $2.4 billion. Sacombank joins forces with French insurer HCM CITY – Sai Gon Thuong Tin Commercial Bank (Sacombank) and French insurer Prevoir Group have joined forces to provide a new insurance service. Sacombank and Prevoir, founded in 1910, will provide insurance for customers who take out mortgages for houses or loans for land purchases from Sacombank. If the insurer dies, Prevoir will pay off the debt. Insurance will end when the loan matures – a period of one to 10 years. The maximum compensation will … [Read more...] about Gree invests $3 million in air-conditioning plant
Air cargo service encouraged By Mong Binh - The Saigon Times Daily HCMC - Domestic airlines are encouraged to develop air cargo service now as the licensing of passenger service is probably suspended, an official of the Civil Aviation Administration of Vietnam (CAAV) said. "We have a policy that provides favorable conditions for existing airlines to develop their cargo service and transport cargo by their own freighters," said Vo Huy Cuong, director of CAAV's Air Transport Department. He told the Daily that domestic airlines now carried cargo on their passenger aircraft, and such full-service airlines had to spend more time to load cargo compared to the aircraft of low-cost carriers, as budget carriers had to operate their planes more to maximize revenue. Cuong said CAAV would facilitate the licensing of freight airlines during the coming years as new passenger airlines will not be allowed until 2011 under a proposal the civil aviation authority has sent to the Ministry of Transport. … [Read more...] about Air cargo service encouraged