Mitsubishi Electric Vietnam Co., Ltd.

What Mitsubishi Electric Vietnam Co., Ltd. does

Mitsubishi Electric Vietnam Co., Ltd. (MEVN) is a wholly-owned Vietnamese subsidiary of Japan's Mitsubishi Electric Corporation (TYO: 6503), incorporated in Ho Chi Minh City on June 6, 2011 under Business Registration Certificate No. 0310 919 107. The company operates as the parent's distribution, sales, and integration arm in Vietnam, with a headquarters in Ho Chi Minh City and regional branches in Hanoi and Da Nang, serving both B2B and B2C customers across the country.

MEVN's product portfolio is organized into five interconnected categories: Air Solutions (residential room air conditioners across MS-JS, MSY-GR, MSY-JA, MSY-JY, MSZ-HT, and MSZ-LN series; commercial HVAC including Multi Split, City Multi VRF, Mr Slim, Hot Water Heat Pump, Close Control Systems for data centers, Lossnay heat recovery ventilation, and Air-to-Water systems; plus electric fans, ventilation fans, refrigerators in 2- to 6-door configurations, and jet towel hand dryers); Building Solutions featuring an integrated Building Management System that monitors HVAC, elevators, power distribution, and inverters with open third-party connectivity and AI integration support; Elevators and Escalators including installation, monitoring, control systems, maintenance, and modernization services; Factory Automation products covering PLCs, MX Controllers, motion controllers, industrial robots, and e-F@ctory integration solutions; and Data Center Solutions combining IT cooling, UPS, power distribution, and BMS/SCADA control.

The company operates a multi-channel go-to-market model combining enterprise field sales teams for building and infrastructure projects, an authorized dealer network with a 'Where to Buy' locator for consumer home appliances, and direct-to-consumer hotlines (1800 58 58 33 and 1800 54 54 85) supported by Zalo and Facebook Messenger. Pricing ranges from approximately 1.2 million VND for entry-level fans to 105 million VND for premium 6-door refrigerators, with commercial HVAC and elevator projects priced on inquiry or multi-year contract basis. Named enterprise customers span FPT (data center), EVN Central Power, AEON Mall Bình Tân, Meliá Hồ Tràm Beach Resort, Bàu Trầm Lakeside Đà Nẵng, and Toyodenso Vietnam.

Name

Mitsubishi Electric Vietnam Co., Ltd.

Legal name

Công ty TNHH Mitsubishi Electric Việt Nam

Website

https://mitsubishi-electric.vn

Company type

Private

Founded year

2011

Operating status

Operating

Short description

Mitsubishi Electric Vietnam Co., Ltd. is a wholly-owned Vietnamese subsidiary of Mitsubishi Electric Corporation (Japan) that distributes and integrates air conditioning, elevators, factory automation, home appliances, and building management systems for enterprise and consumer customers across Vietnam.

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

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Air Conditioning Products: Sale of residential room air conditioners (MS-JS, MSY-GR, MSY-JA, MSY-JY, MSZ-HT, MSZ-LN series), commercial HVAC systems (Multi Split, City Multi VRF, Mr Slim, Lossnay, Hot Water Heat Pump), and precision air conditioning for data centers.
2. Elevator and Escalator Systems: Installation and maintenance of elevator and escalator systems for residential, commercial, and industrial buildings. Includes monitoring, control systems, maintenance, and modernization services.
3. Factory Automation Products: Sale and implementation of industrial automation products including PLCs, MX Controllers, motion controllers, industrial robots, and e-F@ctory integration solutions.
4. Home Appliances: Sale of consumer products including electric fans (table, standing, ceiling, wall-mounted), ventilation fans, refrigerators (2-door to 6-door French door models), and jet towels.
5. Building Solutions: Integrated building solutions including BMS systems, HVAC, power distribution systems, variable frequency drives (VFD), and data center solutions combining multiple product categories.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Mitsubishi Electric Vietnam is a subsidiary of Mitsubishi Electric Corporation that sells and services air conditioning systems (residential and commercial HVAC), home appliances (fans, refrigerators, jet towels), elevators and escalators, factory automation products (PLCs, controllers, industrial robots, e-F@ctory solutions), and integrated building and data center solutions (BMS, power distribution, VFD, UPS) for residential, commercial, industrial, and infrastructure customers across Vietnam. Revenue is driven primarily by hardware sales, installation, and maintenance services delivered through direct enterprise sales teams and authorized dealer networks.

Product overview

Mitsubishi Electric Vietnam offers a comprehensive portfolio of products organized into five main categories: (1) Air Solutions including residential room air conditioners (MS-JS, MSY-GR, MSY-JA, MSY-JY, MSZ-HT, MSZ-LN series), commercial HVAC systems (MULTI SPLIT, CITY MULTI VRF, HOT WATER HEAT PUMP, CLOSE CONTROL SYSTEM for data centers, AIR TO WATER SERIES, LOSSNAY ventilation, MR SLIM, C-PAC), electric fans (D, R, LV, W, CY, C series), ventilation fans (VD, EX, V series), refrigerators (6-door, 4-door French door, 3-door, 2-door series), and jet towels; (2) Building Solutions including Building Management System (BMS) for centralized control of HVAC, elevators, power, and energy systems; (3) Elevators and Escalators with monitoring, control, maintenance, and modernization services; (4) Factory Automation including PLCs, Motion Controllers, MX Controllers, robots, and e-F@ctory integrated solutions; and (5) Data Center Solutions covering IT cooling, power distribution, UPS, and control systems. The portfolio operates as an integrated ecosystem where building systems can connect to third-party platforms and support AI integration for centralized management.

Differentiator

Problem solved

Functional benefit

Products and services

• MS-JS Series Room Air Conditioner Wall-mounted residential room air conditioners available in 1HP to 2.5HP capacities featuring PAM Inverter technology and dual anti-dust coating for households in Vietnam.
• MSY-GR Series Room Air Conditioner Premium wall-mounted residential air conditioners with dual anti-dust coating on heat exchanger, fan, and air outlet, available from 1HP to 3HP capacity.
• MSZ-HT Series Room Air Conditioner Premium wall-mounted residential air conditioners with advanced features, available from 1HP to 2HP capacity.
• MSZ-LN Series Room Air Conditioner High-end wall-mounted residential air conditioners with premium design and dual anti-dust coating technology, marketed at the top of the RAC range.
• Multi Split Air Conditioning System Multi-split air conditioning system allowing multiple indoor units to connect to a single outdoor unit for commercial applications.
• City Multi VRF System Variable Refrigerant Flow (VRF) commercial air conditioning system for large buildings with zoning capabilities and energy efficiency.
• Hot Water Heat Pump Heat pump system for water heating in commercial buildings, providing energy-efficient hot water solution.
• Close Control System (PFD Series) Precision air conditioning system designed for data centers and IT facilities requiring precise temperature and humidity control.
• Air to Water Series Air-to-water heat pump system for commercial space heating and cooling applications.
• Lossnay Heat Recovery Ventilation Energy recovery ventilation system that recovers heat from exhaust air to precondition incoming fresh air for commercial buildings.
• Mr Slim Air Conditioner (R410) Commercial single-split air conditioning system using R410A refrigerant for medium-sized commercial spaces.
• Electric Fans Range of electric fans including table fans, tatami/sleeping fans, standing fans, wall-mounted fans, oscillation fans, and ceiling fans with DC motor technology and Bluetooth connectivity for residential and commercial indoor use.
• Ventilation Fans Ventilation fans including wall-mounted, ceiling cassette, and ducted variants ranging from 10cm to 23cm diameter for residential and commercial air exchange applications.
• Refrigerators Multi-door refrigerator lineup including 6-door, 4-door French door, 3-door bottom freezer, and 2-door top freezer models with super freezing, soft freezing, and automatic ice-making technologies for households in Vietnam.
• Jet Towel Hand Dryers High-speed hand dryers including JT-SB216JSH2, JT-S2AP series, and JT-MC series with jet air technology for fast drying in commercial restrooms.
• Elevators and Escalators Elevator and escalator systems with energy-saving technology, including monitoring and control systems, maintenance contracts, and modernization services for residential, commercial, and industrial buildings in Vietnam.
• Building Management System (BMS) Centralized building management solution that monitors and controls HVAC systems, elevators, power distribution, chillers, and VRF systems, with open connectivity to third-party systems and AI integration support for building operators.
• Data Center Solutions Comprehensive data center solutions including IT cooling systems, power distribution (VCB, LVS), elevators, UPS systems, BMS/SCADA control systems, and variable frequency drives (VFD) for data center operators.
• Factory Automation Products Industrial automation products including PLCs, Motion Controllers, MX Controllers, industrial robots, and e-F@ctory integrated solutions for optimizing manufacturing processes and improving operational efficiency.
• Precision Manufacturing Solutions (EDM) Electrical discharge machining (EDM) technology for precision manufacturing applications delivered to industrial customers in Vietnam.

Quantifiable outcome

• Energy consumption reduced by 10-15%
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Teach For VietnamminorStrategic or Co-development PartnerMitsubishi Electric Vietnam partners with Teach For Vietnam to build an excellent and equitable education system for all children in Vietnam. The partnership supports Teach For Vietnam's vision that by 2050, all children in Vietnam will have access to excellent education (improving English proficiency and STEM education) and Environmental Protection.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Samsung Electronics Vietnam: Samsung Vietnam is a major competitor in consumer electronics and air conditioning for both residential and commercial segments. They overlap in customer segments (developers, retailers, consumers) and product categories.
• LG Electronics Vietnam: LG Vietnam directly competes in home appliances (air conditioners, refrigerators, washing machines) and commercial HVAC. They share the same multi-channel retail and enterprise sales motion across Vietnam.
• Panasonic Vietnam: Panasonic Vietnam sells a comparable mix of consumer electronics (air conditioners, refrigerators, fans) and B2B solutions in the Vietnamese market, targeting overlapping residential and commercial customers with similar premium-brand positioning.
• Schneider Electric Vietnam: Schneider Electric is a direct competitor in building management systems, low-voltage power distribution, data center solutions, and industrial automation — categories where Mitsubishi Electric Vietnam offers integrated solutions through BMS and FA products.
• Daikin Air Conditioning (Vietnam): Daikin is the dominant HVAC and air conditioning brand in Vietnam, directly competing with Mitsubishi Electric Vietnam across residential AC, commercial VRF, and chiller systems. They overlap closely in product line, customer base (developers, commercial buildings), and channel structure.
• Siemens Vietnam: Siemens competes directly in factory automation (PLCs, motion controllers), building technologies, and data center power/cooling in Vietnam. Both target industrial and commercial customers with integrated automation portfolios.
• ABB Vietnam: ABB Vietnam competes in factory automation (PLCs, drives, motors), power distribution, and building solutions. Their offering closely mirrors the e-F@ctory / MX Controller / VFD portfolio that Mitsubishi Electric Vietnam sells into Vietnam's manufacturing and infrastructure customers.
• Carrier Vietnam (United Technologies): Carrier competes in commercial HVAC, VRF systems, and data center precision cooling, directly overlapping with Mitsubishi Electric Vietnam's City Multi VRF and Close Control System offerings for building and data center customers.
• Toshiba Vietnam (Home Appliances & HVAC): Toshiba competes head-to-head with Mitsubishi Electric in air conditioners, refrigerators, and select industrial electronics in Vietnam. Both are Japanese brands leveraging similar dealer networks and product positioning.

Regional players

• Trane Technologies Vietnam: Trane is a global HVAC player active in Vietnam's commercial cooling and chiller market. While serving the same enterprise building and data center segment as Mitsubishi Electric Vietnam, their brand footprint is more selective in Vietnam compared to leaders like Daikin.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCuVxGbAFuFNdxVbRzI3BBsg
• Facebookfacebook.com/mitsubishielectricvietnam
• LinkedInlinkedin.com/company/mitsubishi-electric-vietnam-co-ltd

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 Mitsubishi Electric Vietnam Co., Ltd.