Daikin constructs largest air conditioner factory in Vietnam
VOV.VN - Japan’s Daikin Air Conditioning Vietnam JSC has signed a land lease agreement with Thang Long II Industrial Zone for construction of the largest air conditioner factory in Vietnam.
It plans to employ around 500 staff for the first year and increase to 1,500 when the plant operates at full capacity.
Vietnam has a population of about 93 million, ranking third among Association of Southeast Asian Nations members behind Indonesia and the Philippines. The Vietnamese market for household air conditioners is one of the biggest in that region, estimated at 2 million units annually. Vietnam is a potential market for Daikin as sales of air conditioners in the market are growing at an average of over 30% per year.