2.4 SE ASIA

2019-05-20
The Southeast Asian market is one of the most attractive VRF markets. Despite unsatisfactory weather and economic conditions, the VRF market maintained strong growth. Seven major countries in Southeast Asia, comprising Vietnam, Thailand, Singapore, the Philippines, Indonesia, Malaysia, and Myanmar, have cumulatively seen total demand up to 61,800 units in 2018, indicating 6.6% growth year on year.
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