AQUA Viet Nam

What AQUA Viet Nam does

AQUA Viet Nam (legal name: Công Ty TNHH Điện Máy AQUA Việt Nam) is a Vietnamese home appliances manufacturer and subsidiary of Haier Group, founded in December 1995 and headquartered at the Biên Hòa 2 Industrial Park in Đồng Nai province, with a regional representative office in Ho Chi Minh City. The company produces a comprehensive consumer durables portfolio spanning televisions, refrigerators, washing machines and dryers, residential and commercial air conditioners, freezers, display chillers, water heaters, dishwashers, and small household appliances. Its technology stack centers on DD Inverter motors with lifetime warranty, Fisher & Paykel-sourced premium motors, Magic Cooling refrigeration technology (Flexible Fresh Pro, Soft Freezing Pro, Fast Freezing Pro), an H-Care service system, and AI-powered manufacturing automation at its Biên Hòa facility.

AQUA generates revenue through three streams: (1) one-time consumer appliance sales via nationwide retail chains (Điện Máy Xanh, Điện máy Chợ Lớn, Home Center, Nguyễn Kim, MediaMart, PICO) covering all 63 provinces of Vietnam, plus direct online sales through aquavietnam.com.vn; (2) professional services including standardized installation and after-sales cleaning for washing machines, air conditioners, and refrigerators at fixed VND price points; and (3) B2B commercial HVAC projects supplying and installing climate control systems for industrial facilities, hospitals, and cultural venues. Notable B2B engagements include a 612-unit air conditioning installation for Luxshare's dormitory in Bắc Giang, HVAC work for Novatech Bắc Ninh, Quảng Khởi Hospital in Nghệ An, Thủ Thiêm Riverstage, and the 1,000-unit industrial AC milestone at Tân Đề Industrial Park. The customer base is predominantly Vietnamese households supplemented by enterprise HVAC buyers. No financial figures, headcount, or equity ownership details beyond the Haier Group parent relationship are disclosed in the source data.

Name

AQUA Viet Nam

Legal name

CÔNG TY TNHH ĐIỆN MÁY AQUA VIỆT NAM

Website

https://aquavietnam.com.vn

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

AQUA Viet Nam is a Vietnamese home appliance manufacturer and subsidiary of Haier Group, producing refrigerators, washing machines, air conditioners, and other consumer durables for distribution through major electronics retail chains across all 63 provinces of Vietnam, with additional B2B commercial HVAC projects.

Ownership category

akta.pro rank

Product category

Home Appliances Manufacturing

NAICS

Major Household Appliance Manufacturing (33522), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Household Appliances (3630), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)

Keywords

• Home appliances
• Refrigerators manufacturing
• Washing machines
• Commercial HVAC systems
• Consumer electronics

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Home Appliance Sales: Revenue from selling major home appliances including refrigerators, washing machines, air conditioners, freezers, water heaters, and dishwashers through retail channels and direct online sales in Vietnam market
2. Professional Services: Revenue from installation and after-sales services including air conditioning installation, machine cleaning and maintenance services for washing machines, air conditioners, and refrigerators
3. B2B Commercial HVAC Solutions: Project-based revenue from supplying and installing commercial and industrial air conditioning systems for factories, hospitals, cultural venues and other commercial buildings

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

AQUA Viet Nam manufactures, distributes, and services home appliances (refrigerators, washing machines, air conditioners, freezers, water heaters, dishwashers, TVs, and small household appliances) in Vietnam. The company also provides commercial and industrial HVAC solutions for B2B clients and after-sales cleaning and maintenance services for installed products.

Product overview

AQUA Vietnam is a home appliance manufacturer and subsidiary of Haier Group, operating as Công Ty TNHH Điện Máy AQUA Việt Nam. The company produces a comprehensive portfolio of consumer electronics and home appliances including televisions, refrigerators with Magic Cooling technology, washing machines with DD Inverter motors and Color AI, air conditioners for residential and commercial use, freezers, display chillers, water heaters, dishwashers, and small home appliances. AQUA Vietnam also provides after-sales services including machine cleaning and installation services, and serves B2B clients with commercial HVAC solutions for factories, office buildings, and institutional projects. The product ecosystem is unified under the AQUA brand with Haier Group ownership, featuring proprietary technologies including Magic Cooling for refrigeration and DD Inverter motors with lifetime warranty across multiple product lines.

Differentiator

Problem solved

Functional benefit

Products and services

• AQUA Refrigerators (Tủ lạnh AQUA) Refrigerators for residential use featuring Magic Cooling technology (Flexible Fresh Pro, Soft Freezing Pro, Fast Freezing Pro), Space Fit design, and mirror finish options. Includes DD Inverter motors with lifetime warranty.
• AQUA Washing Machines & Dryers (Máy giặt & máy sấy AQUA) Washing machines and dryers featuring DD Inverter motors with lifetime warranty, Color AI technology, and Fisher & Paykel premium motors. Available in top-load and front-load configurations.
• AQUA Residential Air Conditioners (Máy điều hòa AQUA) Residential air conditioners with DD Inverter technology for energy efficiency. Includes VIP Care warranty program for Space Fit models.
• AQUA Commercial Air Conditioning (Điều hòa thương mại AQUA) Commercial and industrial HVAC systems and air conditioning solutions for factories, office buildings, hospitals, and large-scale projects. Includes project-based B2B installations such as the 612-unit Luxshare dormitory project in Bắc Giang and 1000 industrial AC units milestone.
• AQUA Display Chillers (Tủ mát AQUA) Display refrigerators and chillers for commercial and residential use.
• AQUA Freezers (Tủ đông AQUA) Freezers for food storage and preservation in commercial and household settings.
• AQUA Water Heaters (Máy tắm nước nóng AQUA) Water heaters for residential use.
• AQUA Dishwashers (Máy rửa chén AQUA) Dishwashers for residential use.
• AQUA Televisions (Tivi AQUA) AQUA brand televisions for residential use, part of the home appliance portfolio under Haier Group ownership.
• AQUA Household Appliances (Đồ gia dụng AQUA) Various household appliances including small kitchen and home utility products.
• AQUA Machine Cleaning Services (Dịch vụ vệ sinh máy) Professional cleaning services for washing machines (top-load at 492,000 VND and front-load at 670,000 VND), air conditioners (360,000 VND), and refrigerators (285,000 VND standard; 370,000 VND for SBS and above 500L capacity). Offered throughout Vietnam including Phu Quoc island.

Quantifiable outcome

• Lifetime warranty on DD Inverter motors provides measurable risk reduction for consumers
• +1 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Partnerships

One partnership is on record.

• Haier GroupcoreStrategic or Co-development Partner · 15 November 2023Haier Group is the parent company and strategic partner of AQUA Viet Nam, providing technology, brand heritage, and operational backing. AQUA operates as a subsidiary implementing Haier's global standards and technology in the Vietnamese market.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Sunhouse: Sunhouse is a Vietnamese home appliance brand with strong domestic distribution in small appliances, gas stoves and kitchen equipment. It is a regional/domestic peer competing with AQUA's small appliance line in the same Vietnamese retail channels.

Direct peers

• Samsung Electronics Vietnam: Samsung Vietnam manufactures and sells televisions, refrigerators, washing machines and air conditioners through the same nationwide retail chains as AQUA. It is the dominant premium home appliance brand in Vietnam and the closest direct competitor across AQUA's core categories.
• Panasonic Vietnam: Panasonic sells refrigerators, washing machines, air conditioners and small appliances in Vietnam through overlapping retail channels. Its long-standing presence and broad product portfolio make it one of the most directly comparable peers to AQUA.
• Sharp Vietnam: Sharp Vietnam offers refrigerators, washing machines, air conditioners and televisions through major electronics chains. Its product breadth, Japanese heritage and retail footprint place it in direct competition with AQUA across consumer home appliances.
• Daikin Vietnam: Daikin is the leading air-conditioning and HVAC brand in Vietnam, competing directly with AQUA in residential AC and, more acutely, in the commercial and industrial HVAC segment where AQUA is expanding via projects like the Luxshare dormitory install.
• Toshiba Home Appliances (Vietnam): Toshiba sells washing machines, refrigerators and small appliances in Vietnam, overlapping significantly with AQUA's portfolio. Its premium washing machine technology is a frequent benchmark against AQUA's DD Inverter line.
• LG Electronics Vietnam: LG Vietnam competes head-on with AQUA in refrigerators, washing machines and air conditioners, leveraging a global brand and Inverter technology similar to AQUA's DD Inverter proposition. Strong premium-mind-share among Vietnamese consumers makes it a primary direct peer.

Emerging players

• Midea Vietnam: Midea is an emerging Chinese appliance manufacturer expanding in Vietnam across air conditioners, refrigerators and small appliances. Its scale-based pricing strategy poses a structural threat in lower-mid tiers where AQUA competes.
• Gree Vietnam: Gree is a major Chinese HVAC manufacturer with growing presence in Vietnam's residential and commercial AC market. It is an emerging peer to AQUA in the same air-conditioning product lines, including the B2B commercial HVAC segment.
• Casper Vietnam: Casper is a fast-growing emerging appliance brand in Vietnam focused on washing machines, refrigerators and air conditioners sold via the same electronics chains as AQUA. Its aggressive pricing and rising brand awareness make it a notable challenger in AQUA's core categories.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/AquavietnamVn2014
• Facebookfacebook.com/aquavietnam
• Instagraminstagram.com/aquavietnam.vn
• TikToktiktok.com/@aquavietnam
• Xx.com/aquavietnam

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 AQUA Viet Nam