Vietnam, A New Star in the Southeast Asian Market

The air conditioner market in Southeast Asia has increased by 5.6% compound annual growth rate (CAGR), and this trend is attracting more and more attention in the global air conditioner industry. It is estimated that by 2020, the population of Southeast Asia will reach 700 million. Combined with the economic development, middle-class population has expanded rapidly, forming the basis for the promotion of the development of the air conditioner market in the region.