ABB’s new $6 million manufacturing hub for electrical distribution solutions in BacNinh province, 25km from Hanoi, Vietnam, is set to bolster the country’s rapid industrial growth. One of Asia’s fastest growing energy markets, the government expects power consumption to grow 10-12 percent annually until 20301. At the same time, Industrial production in Vietnam continues to grow year on year, rising by 9.4 percent in April 20222. This, coupled with a 7 percent growth in urbanization means that smart and efficient power distribution solutions, such as the modular systems manufactured by ABB, will be crucial to ensure the next phase of Vietnam’s economic growth also achieves its sustainability goals.

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