What Daikin Vietnam does

Daikin Vietnam (Công Ty Cổ Phần Daikin Air Conditioning (Vietnam), GCNDKDN: 0301450108) is a wholly-owned Vietnamese subsidiary of Japan's Daikin Industries, Ltd., founded in 1995 and headquartered in Ho Chi Minh City, with a manufacturing facility in Hung Yen province. The company manufactures, distributes, and services a full-spectrum HVAC portfolio spanning residential split and multi-split air conditioners, commercial SkyAir and VRV/VRF central systems, packaged units, industrial chillers and air handling units, air purifiers, heat pump water heaters, and cold storage equipment. Its technology stack rests on proprietary Inverter compressor control, Flash Streamer air purification, Microchannel heat exchanger design, and the 2025 AIR CREATOR personalized air ecosystem with AIR CARD modes, supplemented by the DAIKIN AIR SELECT mobile app for device control and warranty registration.

Daikin Vietnam monetizes through three primary streams: one-time hardware unit sales (priced per model/HP), extended warranty attachments of up to 3 years with 5-year compressor coverage, and professional installation and after-sales services delivered under a proprietary 16-step standardized process. Go-to-market combines a proprietary eShop (shop.daikin.com.vn), a certified nationwide dealer and KTV technician network, the Fuha:Saigon flagship experience showroom, and a dedicated B2B division for hotels, offices, hospitals, factories, and commercial real estate developers. Pricing is broadly accessible at the residential tier (installment plans via 30+ banks, ZaloPay, MoMo) and scales upward for VRV, chiller, and LEED-tied commercial projects.

The company's strategic positioning is reinforced by its parent brand (world's #1 AC brand, 100+ years, 170 countries, ~100 factories, $29B+ revenue), institutional partnerships with Vietnam's General Directorate of Vocational Education across 44+ vocational colleges, and 6 consecutive years of winning Vietnam's highest energy efficiency award. Customer base is structurally diversified across residential, commercial, and industrial segments with no disclosed anchor enterprise accounts, and no independent revenue figures have been published.

Name

Daikin Vietnam

Legal name

Công Ty Cổ Phần Daikin Air Conditioning (Vietnam)

Website

https://daikin.com.vn

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Daikin Vietnam is a wholly-owned subsidiary of Japan's Daikin Industries that manufactures, distributes, and services a full HVAC portfolio (residential split AC, VRV/VRF, chillers, air purifiers, heat pump water heaters) for Vietnamese residential, commercial, and industrial customers via eShop, certified dealers, and a flagship showroom.

Ownership category

akta.pro rank

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Air conditioning hardware sales: Sale of residential and commercial air conditioning units including split-wall AC (Room Air), multi-split systems, VRV/VRF central systems, SkyAir commercial units, packaged units, chillers, air purifiers, and heat pump water heaters. Revenue is primarily one-time hardware with variable margin by product tier.
2. Extended warranty programs: Extended warranty programs (up to 3 years) sold alongside products, providing recurring revenue and customer lock-in. Standard warranty is 12 months from installation date.
3. Installation and after-sales services: Professional installation (16-step standard), maintenance, and repair services. Installation is free for standard residential units within promotional limits; additional charges apply for complex or non-standard installations.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Daikin Vietnam designs, manufactures, and distributes a comprehensive portfolio of air conditioning and air quality management products — including residential split air conditioners, multi-split systems, commercial SkyAir and VRV/VRF central systems, industrial chillers, packaged units, air handling units, air purifiers, heat pump water heaters, cold storage equipment, and the AIR CREATOR smart air ecosystem — for homes, commercial buildings, and industrial facilities across Vietnam. The offering is reinforced by professional installation, certified technician services, extended warranty programs, and the DAIKIN AIR SELECT mobile application.

Product overview

Daikin Vietnam operates as a comprehensive air solutions provider offering a broad portfolio of HVAC (heating, ventilation, and air conditioning) products spanning residential, commercial, and industrial applications. The core offering includes wall-mounted split air conditioners (Room Air) for homes, Multi-split systems for flexible residential cooling, and larger commercial solutions including SkyAir cassette and ducted units, VRV central systems for large buildings, and industrial Chillers and Air Handling Units. The portfolio extends to air purifiers and the AIR CREATOR smart ecosystem for personalized air quality management. For water heating, Daikin offers heat pump water heaters, while cold storage equipment serves food and pharmaceutical preservation needs. Control devices and the AIR SELECT app provide system management. The company positions itself as a Japanese brand with over 100 years of experience, operating across 170 countries with 100 factories, delivering the tagline 'Perfecting The Air' through solutions addressing temperature, humidity, air purity, and airflow.

Differentiator

Problem solved

Functional benefit

Brands

• AIR CREATOR: Personalized air experience ecosystem for individual living spaces
• Daikin Eshop

Products and services

• AIR CREATOR Smart Air Ecosystem Personalized air quality and airflow ecosystem that combines interconnected Daikin air purification and conditioning devices with AIR CARD modes (Fitness, Focus, Chillout, Sleep) to tailor the indoor environment to specific living moments; targeted at residential and premium home consumers.
• Wall-mounted Split Air Conditioner (Room Air)

Quantifiable outcome

• 6 consecutive years as highest energy efficiency award winner in Vietnam
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• US Green Building Council (USGBC)coreStrategic or Co-development Partner · 4 February 2025Daikin Vietnam co-hosted the 'LEED Success Story of Vietnam 2025' event with USGBC and Green Business Certification Inc. This partnership positions Daikin as a key supporter of green building adoption in Vietnam, with the event highlighting Vietnam's rise to 8th globally for LEED-certified buildings outside the US.
• Green Business Certification Inc. (GBCI)coreStrategic or Co-development Partner · 4 February 2025Daikin Vietnam co-hosted the LEED Success Story of Vietnam 2025 event alongside USGBC and GBCI, demonstrating its commitment to sustainable building standards and green building certification in Vietnam.
• Vietnam General Directorate of Vocational Education (Tổng cục Giáo dục nghề nghiệp)coreStrategic or Co-development PartnerDaikin Vietnam partners with Vietnam's General Directorate of Vocational Education to train vocational college instructors in air conditioning technology using Japanese standards, standardizing the technical workforce nationwide. The program has extended to over 44 vocational colleges across Vietnam's Northern, Central, and Southern regions.
• 44+ Vocational Colleges (Vietnam national network)coreStrategic or Co-development PartnerA national network of over 44 vocational colleges (Cao đẳng) across Vietnam's Northern, Central, and Southern regions, participating in Daikin's training and certification program. Colleges include Hanoi College of Electronics and Refrigeration, Da Nang University of Technology, and Can Tho Vocational College, among others.
• Payoo payment gatewaysupportingTechnology or IntegrationDaikin Vietnam uses Payoo as the payment gateway for its eShop, enabling customers to complete online transactions through various payment methods including credit cards, bank transfers, and e-wallets.
• Major Vietnamese banks and credit institutions (installment financing)supportingChannel Partner/ Reseller/ DistributorDaikin Vietnam enables 0% installment payments through major banks including ACB, MB, VPBank, VietinBank, Techcombank, VIB, Shinhan Bank, and over 30 other financial institutions, allowing customers to purchase on installment plans starting from 1,000,000 VND minimum order value.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Samsung Electronics Vietnam (Air Conditioning): Samsung's Climate Solutions division sells AC and HVAC in Vietnam, including Wind-Free and inverter technologies, and competes head-to-head with Daikin in residential and light-commercial segments.
• Panasonic Vietnam: Panasonic operates a major HVAC and appliance business in Vietnam, directly competing with Daikin in residential split AC, inverter systems, and commercial cooling. The two brands compete for the same Japanese-quality positioning in the Vietnamese premium segment.
• Gree Electric Appliances: Gree is one of the world's largest AC manufacturers and a price-aggressive entrant into Southeast Asian markets, including Vietnam, where it competes directly with Daikin across residential and commercial product ranges.
• Mitsubishi Electric Vietnam: Mitsubishi Electric sells residential and commercial AC, inverter systems, and VRF solutions in Vietnam, overlapping directly with Daikin's product portfolio across premium residential and commercial buildings.
• Toshiba Carrier (Vietnam): Toshiba Carrier markets residential and commercial AC under the Toshiba and Carrier brands in Vietnam, directly competing with Daikin in inverter and VRF systems across similar Japanese-quality positioning.
• LG Electronics Vietnam: LG competes with Daikin across residential and commercial AC in Vietnam, also offering inverter and dual-cool technologies, and shares the same D2C and dealer channels in the country.

Broad incumbents

• Carrier Global Corporation (HVAC): Carrier is a global HVAC incumbent offering chillers, AHUs, and VRF systems in Southeast Asia; while its direct Vietnam presence is lighter, it competes with Daikin for large commercial and industrial cooling projects regionally.
• Midea Group: Midea is a major Chinese home appliance conglomerate with broad HVAC offerings; it competes with Daikin across Vietnam in residential AC and increasingly in commercial systems, leveraging scale advantages across a wider appliance portfolio.
• Trane Technologies (HVAC): Trane is a global HVAC incumbent selling chillers and commercial cooling solutions; it competes for the same industrial and commercial project tenders that Daikin Vietnam targets, albeit with a more limited retail presence in Vietnam.
• Haier Smart Home: Haier is a global home-appliance leader with a growing HVAC presence in Southeast Asia, including Vietnam; competes with Daikin on residential AC at multiple price points across an appliance-led channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• TikToktiktok.com/@daikinvietnam.official
• Xx.com/daikinvietnam

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Daikin Vietnam