Hioki strengthens local presence with sustainability focus

Hioki E.E. Corporation of Japan, with 90 years of experience in developing electrical measurement solutions, announced the establishment of its Vietnamese subsidiary on June 27, supporting the country in its pursuit of Net Zero emissions.

Following Vietnam’s pledge to achieve net-zero emissions by 2050, the government has accelerated a range of policies and initiatives to promote the transition to green energy. As a result, Vietnam is emerging as a promising market, attracting significant foreign investment and increasing participation from international businesses, particularly in the renewable energy and sustainability sectors. Vietnam is also one of the key markets in Hioki's global expansion strategy.

Hioki Electric Vietnam will serve as a bridge between Hioki and local partners, helping to maximise the value of the company's electrical measuring instruments and driving positive impact across four key areas.

The electrical engineering firm aims to enhance productivity and manufacturing quality across industries, supporting the growth of a green economy. It promotes energy-saving by visualising electricity usage, contributing to national and global net-zero targets. Hioki also helps detect and prevent potential failures in electrical systems and workplace environments.

The company has also stated its commitment to supporting the training and development of high-quality technical talent in Vietnam.

Takahiro Okazawa, president, Hioki E.E. Corporation. Photo: Hioki

Speaking about this important milestone, Takahiro Okazawa, president of Hioki E.E. Corporation, said, "The establishment of Hioki Electric Vietnam is a strategic move in expanding our global sales network. It marks a key milestone in our journey to becoming a leading provider of electrical measurement solutions, supporting Vietnam’s shift to green energy and contributing to a sustainable future."

"Hioki Electric Vietnam will be led by Kazuhiro Takezawa, one of the youngest members of the corporation’s management team. His appointment reflects the company's forward-looking approach to dynamic growth and its well-informed strategy tailored to the local market," he added.

Representing Hioki Electric Vietnam, Takezawa said, "We aim to develop into a responsive, agile company that leverages data as a core strength. Through this, we will serve as a connector – supporting international partners entering the Vietnamese market, while enabling local businesses to seize timely growth opportunities."

Kazuhiro Takezawa, managing director, Hioki Electric Vietnam. Photo: Hioki

Hioki Electric Vietnam's head office is in the Taisei Square Building, located in the bustling Cau Giay area of west Hanoi, with a representative office in Ho Chi Minh City, the economic centre of the country.

Nguyen Thanh Hang, CEO of Victory Instrument JSC – one of the top scientific equipment suppliers in Vietnam – said, "We have worked with Hioki for over 30 years. Victory would not be what it is today without Hioki as a core part of our product portfolio."

Green logistics vital for businesses to join global supply chain Vietnamese logistics businesses have been urged to go green to meet sustainability requirements and join the global supply chain.

Greener building materials enter the Vietnamese market The rise of green buildings is driving stricter standards for construction materials, prompting many businesses to improve product quality and sharpen their competitive edge.

Green credit faces headwinds amidst funding challenges Vietnam is scaling up green credit to fund its climate goals, but rising adaptation costs and global financial uncertainties are putting growing pressure on the country’s sustainable finance agenda.

Vietnam steps up green finance race with regional investments As Southeast Asia’s green economy accelerates, Vietnam is moving to catch up, backed by new legislation, rising investor focus, and a clearer national direction.

Banks at the helm of Vietnam’s green finance push Vietnam has made impressive progress on renewable energy deployment, growing from near-zero capacity in 2018 to 21GW of solar and wind by 2022. Green finance tools, such as loans and credit guarantees, have been drivers of this progress.

Pathways outlined for green ambitions Vietnam’s export-oriented growth model is being undermined by high-carbon density production amid global rising demand for green products with barriers applied.