to increase at least 10 percent a year over the next 10 years, a pump
company director has said.
Gert Borrits, general director of the Danish-based Grundfos in Vietnam,
said the country is an attractive market for foreign companies to
invest, especially in beer, foodstuff and industrial equipment.
"These industries create a huge need for pumps and pump systems,
especially energy-saving ones, including high-pressure services for
steam, water and waste water services," Gert said.
Currently, Grundfos holds the largest market share of the pump market in
Vietnam after two years of operation, offering products including
circulator pumps, submersible pumps and centrifugal pumps.
It plans to employ more staff in Vietnam to serve its business
expansion needs as well as develop its after-sales services nationwide.
"We hope to set up some factories here also because
we think Vietnam is a very good place to produce pump products," Gert
said.
"We already have a huge investment in China and now we are looking at Thailand, Malaysia and Vietnam," he said.
Last week, the company organised an industrial solution seminar in HCM
City to introduce its sanitary range to 200 businesses in the food and
water treatment industries and other sectors./.
