Based on a research carried out by Midea on consumer trends, the fan, a basic appliance, is well received by Vietnamese throughout. Differing from the psychology focusing on price before, more and more common Vietnamese emphasize brand and appearance when it comes to purchasing. "Our sales volume in Vietnam has made a big year-on-year growth this year, maintaining sustainable growth in the past few years. Vietnamese economic conditions are growing, and the younger generation of consumers emphasize more and more on brand, quality and appearance. In a word, consumers emphasize cost performance more rather than price alone in purchasing," said Mr. Wang Zhihui, a Media product engineer. Midea, a well-known international brand, has established plants in Vietnam to manufacture fans mainly sold to Vietnam and ASEAN region. Many brands developed earlier in Vietnam, enjoying a higher reputation and brand premium however Midea fans rival in quality and are priced at more affordable rates because "Midea builds plants in Vietnam for production, with the largest scale of assembly line in ASEAN region, advantages in cost control, lower labor cost and without needing to pay the import tariff, thus causing great reduction in production cost and ultimately the overall cost," explains Mr. Wang. The Midea fan has the obvious cost performance advantage in competition with Japanese or Korean brand fans. Mr. Wang goes on to explain a big focus of the structure of Midea's fans is based on the motor that is the core of the fan. Without a good motor, the fan will experience a short service life. To save costs, domestically made fans all juggle the motor. Standard thickness of motor core lamination should be 32-35mm as opposed to 26-28mm on a cheaper and compromised alternative. Fans of lesser quality also weigh less in hand than standard ones with the same specifications by 30%-50%. Midea fan motors not only meet the standards in coil thickness, but also uses pure copper which is better than iron. One of the reasons Midea is the popular choice amongst consumers is that it takes pride in quality guarantee and perfect after-sales service. SOURCE: Midea