Mitsubishi Elevator Vietnam
- Company typePrivate
- Founded2013
- HeadquartersHo Chi Minh City, Vietnam
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
Mitsubishi Elevator Vietnam firmographics
Firmographics- Name
- Mitsubishi Elevator Vietnam
- Legal name
- Công Ty TNHH Thang Máy Mitsubishi Việt Nam
- Website
- https://vmec.vn
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Mitsubishi Elevator Vietnam industry classification
Industry- Product category
- Elevator and Escalator Systems
- NAICS
- Plumbing, Heating, and Air-Conditioning Contractors (238220)
- SIC
- Misc Industrial & Commercial Machinery & Equipment (3590)
- akta.pro primary industry
- Elevator, Escalator & Vertical Transportation Installation/Service (IMAFALAI)
Keywords
Where Mitsubishi Elevator Vietnam is headquartered
LocationHeadquarters
- HQ city
- Ho Chi Minh City
- HQ country
- Vietnam
- HQ region
- Asia
Offices4 records
Markets served
Mitsubishi Elevator Vietnam business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Elevator and Escalator Equipment Supply: Supply of Mitsubishi elevators and escalators for new construction and modernization projects, including equipment, control systems, and related components
- Installation Services: Construction and installation services for elevators and escalators, including site preparation, installation, and commissioning with safety certification
- Maintenance and Repair Services: Regular maintenance and repair services, including emergency rescue response, periodic inspections, and spare parts replacement under maintenance contracts
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Residential elevators for private homes (6-7 stops, ~400kg, ~5-6 persons) |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Mitsubishi Elevator Vietnam product offering
Product offeringCore offering
Mitsubishi Elevator Vietnam (VMEC) supplies, installs, and maintains Mitsubishi Electric elevators and escalators for commercial, residential, and public infrastructure projects across Vietnam. The company delivers full-lifecycle vertical transportation solutions including site survey, design consultation, equipment supply, installation, commissioning, modernization, and ongoing maintenance services. It serves building developers, construction contractors, project owners, architects, and end-user customers across office buildings, hotels, hospitals, airports, schools, shopping centers, and residential complexes.
Product overview
Mitsubishi Elevator Vietnam (VMEC) provides Mitsubishi Electric elevators and escalators as its core product portfolio. The company offers a unified range of vertical transportation solutions consisting of elevators (thang máy) and escalators (thang cuốn), complemented by comprehensive service offerings including installation, maintenance, modernization, design consultation, and emergency support services. VMEC serves diverse customer segments including commercial office buildings, five-star hotels, hospitals, schools, luxury apartments, shopping centers, airports, and mixed-use complexes. The company was established in 2013 as a 100% subsidiary of Mitsubishi Electric and Mitsubishi Corporation, building on the legacy of Mitsubishi elevator presence in Vietnam since 1973.
Differentiator
Problem solved
Functional benefit
Products and services
- Mitsubishi Elevators (Thang máy Mitsubishi) Mitsubishi Electric elevators serving residential, commercial, and infrastructure buildings including hotels, hospitals, offices, luxury apartments, schools, airports, and shopping centers. Includes residential home elevators (e.g., 6-7 stops, ~400kg capacity, 5-6 persons) as well as higher-capacity systems for commercial use.
- Mitsubishi Escalators (Thang cuốn Mitsubishi) Mitsubishi Electric escalators designed for shopping centers, airports, transit stations, and other high-traffic commercial buildings requiring durable, high-capacity vertical transportation.
- Installation and Construction Services On-site construction and installation services for elevators and escalators, including site preparation, installation, and commissioning with safety certification, delivered to building developers, contractors, and project owners.
- Maintenance and Repair Services Regular maintenance and repair services under maintenance contracts, including periodic inspections, spare parts replacement, emergency rescue response, and preventive maintenance programs for installed elevator and escalator fleets.
- Modernization and Upgrade Services Upgrade and renovation services for existing elevators and escalators, including retrofitting control systems and components to modernize installed systems and improve safety, performance, and aesthetics.
- Site Survey, Design Consultation, and Quotation Pre-sales consulting service that includes on-site survey, design advice, and custom quotation based on site-specific requirements such as number of stops, cabin size, speed, load capacity, and finishing specifications.
Quantifiable outcome
- First Mitsubishi elevator installed at Cho Ray Hospital in 1973
Companies that use Mitsubishi Elevator Vietnam
Customer profileNamed customers3 records
Segments7 records
Ideal customer profiles3 records
Mitsubishi Elevator Vietnam technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Mitsubishi Elevator Vietnam partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- PT Mitsubishi Jaya Elevator and EscalatorcoreIndonesian subsidiary of Mitsubishi Electric, responsible for elevator and escalator supply for the Two Sudirman Jakarta project — a major mixed-use urban development. This subsidiary secured an order for 66 elevators and 30 escalators, demonstrating coordinated regional operations within the Mitsubishi Electric group.
- PT Mitsubishi Electric IndonesiacoreIndonesian subsidiary of Mitsubishi Electric supplying air-conditioning units and hand dryers for the Two Sudirman Jakarta project alongside PT Mitsubishi Jaya Elevator and Escalator.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Mitsubishi Elevator Vietnam competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key highlights6 records
Customer concentration
Mitsubishi Elevator Vietnam social profiles
Digital presenceMitsubishi Elevator Vietnam financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mitsubishi Elevator Vietnam leadership team
Management profileNumber of profiles
Profiles1 record
Mitsubishi Elevator Vietnam funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mitsubishi Elevator Vietnam M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mitsubishi Elevator Vietnam
What does Mitsubishi Elevator Vietnam do?
Mitsubishi Elevator Vietnam (VMEC) supplies, installs, and maintains Mitsubishi Electric elevators and escalators for commercial, residential, and public infrastructure projects across Vietnam. The company delivers full-lifecycle vertical transportation solutions including site survey, design consultation, equipment supply, installation, commissioning, modernization, and ongoing maintenance services. It serves building developers, construction contractors, project owners, architects, and end-user customers across office buildings, hotels, hospitals, airports, schools, shopping centers, and residential complexes.
Is Mitsubishi Elevator Vietnam a public or private company?
Mitsubishi Elevator Vietnam is a private company. It is classified as corporate owned and is currently operating.
When was Mitsubishi Elevator Vietnam founded?
Mitsubishi Elevator Vietnam was founded in 2013. It employs 51 to 100 people.
Where is Mitsubishi Elevator Vietnam based?
Mitsubishi Elevator Vietnam is headquartered in Ho Chi Minh City, Vietnam, in the Asia region.
How does Mitsubishi Elevator Vietnam make money?
Three revenue lines are on record. Elevator and Escalator Equipment Supply is the primary driver. The others are installation Services and maintenance and Repair Services.
Does Mitsubishi Elevator Vietnam have an API?
No public API is recorded for Mitsubishi Elevator Vietnam.
What industry is Mitsubishi Elevator Vietnam in?
Mitsubishi Elevator Vietnam's product category is Elevator and Escalator Systems. Its primary akta.pro industry code is IMAFALAI, Elevator, Escalator & Vertical Transportation Installation/Service. Its NAICS code is 238220 and its SIC code is 3590.