Event Overview:

H.Stars Group is thrilled to announce its successful participation in HVACR VIETNAM 2023, which took place from July 25th to July 27th, 2023, at the Hanoi International Exhibition Center (I.C.E) located at 91 Tran Hung Dao, Hoan Kiem District, Hanoi, Vietnam. This prominent event, focusing on the HVACR and rubber industries, garnered significant attention and resulted in substantial success for our company.

This exhibition, held concurrently with the rubber trade show, boasted a favorable overall footfall. With approximately 140 exhibitors in attendance, a significant majority represented Chinese companies, accounting for 80% of the total exhibitor count. Vietnam was also well-represented with about 17 exhibitors, while around 10 others hailed from other various countries. The event predominantly drew the interest of numerous engineering firms and end-users seeking cost-effective, high-efficiency HVACR equipment.

Personal Insights:

Nestled in the heart of the sweltering tropics, Vietnam is a natural fit for air conditioning, with scorching temperatures year-round. But that's not the only reason this nation is becoming a hotbed for HVACR. With a surging economy, a rising tide of disposable income, and an upswing in consumer spending, Vietnam is poised for an air conditioning revolution. The country has already secured its place as the fifth-largest air conditioning market in the Asia-Pacific region.

As businesses increasingly invest in Vietnam, the appetite for commercial and industrial air conditioning solutions is on the rise. In the years ahead, as Vietnam's economy continues its meteoric ascent, its HVACR industry will keep pace. Vietnam is set to become a pivotal global consumer market for HVACR products and a strategic manufacturing hub for air conditioning. The forecast is clear: the Vietnamese HVACR market is a land of boundless opportunity and growth.

Diverse Demand for Refrigeration Equipment:

Given the unique characteristics of the Vietnamese market and its relatively lower overall economic development, there is a strong emphasis on affordability when it comes to product pricing.

HStars, while known to some extent among local customers, acknowledges the need to intensify its brand promotion and product outreach efforts in the Vietnamese market due to limited visibility. In the exhibition HStars has yielded significant recognition from local professional engineering firms. They have expressed their high satisfaction with the quality of HStars products and have shown a keen interest in becoming local brand agent.

With this momentum, we firmly believe that, driven by our commitment to professionalism, customization, and reliable product quality, HStars is well-positioned to secure a prominent place in the Vietnamese air conditioning market in the near future.

Visitor Priorities and Prospects:

During this exhibition and our visits to local customers, we discovered that if we want to enter the local market, we need to pay attention to the following aspects:

Economical and High-Efficiency Water-Cooled Chiller Units: There is a substantial demand for these units in Vietnam, particularly for the standard 130KW units.

Comprehensive Post-Sale Installation and Commissioning Solutions: Our advanced solutions for unit installation and fine-tuning have garnered significant attention from local customers.

Brand Promotion and Product Outreach in the Vietnamese Market: To expand our presence in the Vietnamese air conditioning market, we are exploring collaborations with local distributors and professional engineering firms to boost HStars' market share.

This reveals a promising horizon for HStars, where we can meet the local market's precise needs and forge strategic alliances to bolster our presence in Vietnam.

In Conclusion:

"H.Stars Group's participation in HVACR VIETNAM 2023 has yielded remarkable results, significantly boosting the visibility and trust in the HStars brand within the local market. Following in-depth discussions with local customers, promising collaborations are on the horizon, underscoring the growing recognition and support for HStars' product quality in the market.

HStars is well-prepared for the future, poised to build on this momentum, and anticipates an expanding base of satisfied customers as the quality of our products continues to earn trust and endorsement in the marketplace."