Introducing Thangmaynidec Elevator Company

✅ Introducing Nidec Elevators

ThangMayNidec | HSV Elevator is a subsidiary of HoangSaViet Holding , operating in the research, production, installation, and supply of modern elevator solutions in Vietnam. With a development strategy based on advanced Japanese technology, ThangMayNidec has integrated Nidec's core equipment and technologies into its product systems to deliver superior safety, stability, and operational performance.

The elevator lines manufactured by HSV Elevator utilize an integrated control system with WR & WJC / KDS gearless traction machines (part of Nidec Group, Japan) – devices renowned for their smooth operation, energy efficiency, and high durability.

Please note that: The elevator lines manufactured by ThangMayNidec utilize the control system and gearless traction machines from WR & WJC / KDS (part of Nidec Group Japan) – however, these are still products manufactured in Vietnam under the HSV Elevator brand . Only products directly imported from Nidec Elevator Corporation are allowed to use the Nidec Group's logo. See also: Elevator brand transparency.

The ThangMayNidec Elevator system is currently directly managed by engineer Hung Pham – the 8th CEO in the HSV Holding ecosystem. He is an expert with over 10 years of experience as a software engineer in the United States before returning to Vietnam to join ThangMayNidec, contributing to raising technological standards and expanding the company's operations. Thanks to the combination of domestic production capacity and Nidec Japan's control technology, ThangMayNidec is gradually establishing itself as one of the most reputable elevator brands in Vietnam.

✅ Elevator Product Lines Manufactured by ThangMayNidec

#### Home Elevators

This product line is specifically designed for townhouses, villas, and residential buildings. ThangMayNidec home elevators offer a wide range of options in terms of load capacity, cabin size, and design to meet diverse needs and architectural styles.

Mini Elevator

The optimal solution for buildings with limited space or renovations. With a compact design and requiring little or no pit, mini elevators make installation easy and save on construction costs.

Building Elevators

Developed for office buildings, hotels, shopping malls, and apartment complexes, this system offers stable, high-speed operation and meets modern safety standards, optimizing traffic flow within large structures.

#### Cargo Elevator

This product line is specifically designed to meet the needs of transporting goods within factories, warehouses, logistics centers, and production facilities. Its robust construction, high load capacity, and ability to operate continuously enhance business operational efficiency.

#### Genuine Imported Elevators

In addition to domestically produced products, ThangMayNidec also supplies elevators imported as complete units from Nidec Elevator, meeting the needs of high-end projects requiring international standards in quality, technology, and safety.

✅ Distributor of Nidec KDS Traction Machines and Control Cabinets in Vietnam

2025 marks a significant milestone for ThangMayNidec as it officially partners with Nidec KDS in the distribution of core elevator equipment in the Vietnamese market. Through this collaboration, ThangMayNidec becomes a supplier and distributor of Nidec KDS traction machines and the new generation KMC-1000 control cabinet system , widely used in the elevator industry worldwide. This partnership not only helps domestic customers access genuine equipment but also contributes to improving the quality of elevators manufactured in Vietnam, meeting international technical standards for safety, durability, and operational efficiency.

The synchronized application of Nidec KDS tractors and control systems optimizes operational efficiency, reduces energy consumption, and increases equipment lifespan, delivering long-term value to investors.

✅ HoangSaViet Holding – A Journey of Multi-Industry and Sustainable Development

Established in 2011, HoangSaViet Holding has developed on the foundation of many years of experience in the fields of mechanics, construction, technology, and elevators. Through continuous expansion, the group has built a multi-industry ecosystem with many member companies operating nationwide.

## Outstanding Achievements

### Period 2013 – 2016

Thanks to its focus on quality and customer service, HoangSaViet has been awarded many prestigious titles such as:

* Outstanding Brand of 2013.
* Brand Trusted by Customers of 2015.
* Strong Vietnamese Enterprise of 2016.

2018

HoangSaViet is expanding its elevator business by developing a specialized business and production system, while also investing in a large-scale manufacturing plant to support its product localization strategy and master the technology.

2019

The corporation has expanded into the professional audio, lighting, and LED display sectors, providing solutions for thousands of programs, events, and projects nationwide.

2020

HoangSaViet continues to thrive in the construction sector with prefabricated housing solutions, smart homes, and many modern building models serving the Vietnamese market.

2021

This marks the group's presence in the F&B sector with high-end restaurant and service projects, gradually completing its diversified business ecosystem.

### 2022 to Present

HoangSaViet Holding has officially developed into a multi-industry holding company, owning numerous member companies operating in the following fields:

* Elevators and mechanical engineering.
* Construction and smart homes.
* Technology and software.
* Industrial aluminum.
* Audio – lighting – LED.
* Communications and services.

The network of branches and offices has expanded across many provinces and cities, creating a solid foundation for long-term development strategy and international integration.

CEO Hung Pham of ThangMayNidec Company shared that:

“Vietnam is a potential market with a rapidly increasing demand for elevators. According to forecasts by the Vietnam Elevator Association, the demand for elevators in Vietnam will grow at an average rate of 10% - 12% per year during the period 2023 - 2028. The cooperation between Hoang Sa Viet and Nidec KDS will contribute to improving the quality of elevator products and services in Vietnam, meeting the growing needs of people and businesses. In the future, Hoang Sa Viet will continue to innovate, research, and develop further and is committed to providing customers with the highest quality products and services, meeting all their needs. Hoang Sa Viet will be the optimal choice for high-rise buildings, apartments, shopping malls, and private homes.”

Food lifts: elevator solutions for transporting kitchen utensils, food, drinks, and other items in restaurants, cafes, hotels, etc.

See more food lift products here: Food lifts

Hydraulic lifts: These products are equipped with many safety features, especially an emergency opening function. A pit depth of only 0-100mm is sufficient for installing these hydraulic lifts, minimizing impact on the house's foundation.

See more hydraulic elevator products here: Hydraulic Elevators

Escalators: Hoang Sa Viet uses reliable materials with a sturdy structure, ensuring smooth and long-lasting operation with low noise levels and low maintenance costs.

See more imported elevator products here: Imported Elevators

Staircase seats: Electric elevator seats are a type of elevator specially designed for the elderly and disabled. They have a simple structure, resembling a backrest chair, hence the name electric elevator seat. They are usually mounted on a rail system along the stair railing and slide down.

See more stair climbing chair products here: Stair climbing chairs

✅ Production Resources and Personnel Team

Nidec Elevator Systems has been continuously equipping and upgrading its production and processing machinery with modern and advanced equipment, while also focusing on technical software and applying artificial intelligence to many stages of the production process, as well as providing automated, fast, and accurate price quotations for customers. With a factory area of ​​5000m2 and a team of professional engineers, we always listen to and provide the best and most cost-effective solutions to meet all of our customers' needs.

With a team of young, enthusiastic, and dynamic leaders who have received thorough training both domestically and internationally, and with an unwavering ambition to reach further, Hoang Sa Viet constantly strives to improve its corporate structure to create a harmonious business environment. Its goal is to become a diversified conglomerate, integrating seamlessly with Vietnam's dynamic development in the era of international integration. All of this creates a harmonious blend of "people – institutions – technology."