Sanyo Vietnam’s products dominate Vietnamese household appliances market

New model of Sanyo washing machine

(ĐN) - According to a survey by researchers GFK (German), SANYO Home Appliances Vietnam Corporation (SHV) remains dominant over the first nine month of this year with a market share of 34 per cent for refrigerators and 40 per cent for washing machines.

Sanyo Ha Asean or Sanyo Vietnam, an arm of Japans Sanyo Group in Vietnam was established in Bien Hoa 2 industrial park in 1996 with its registered capital of US$ 75 million. The company has to date utilized its investment amounting to US$ 49.1 million. Its products are exported to Japan, Middle East, European countries, US… Sanyo Vietnam launched new series of air conditioners into Vietnamese marketplace in the March 2005 year and also targeted capacity increases of 50,000 units per year by 2006. In addition, the company recently introduced a new model of the washing machine which attracted much attention.

Kim Loan