March 12, 2007
Otis looks to Vietnam for growth
Executives from
Otis Elevator Co.
have just returned from a week in Vietnam spent meeting with local communist party officials, business leaders, employees and customers, prepping the stage for the world's largest elevator firm to make a big push into the most densely populated country in Asia. Otis President Ari Bousbib said that the country is one of his company's most promising growth markets. Otis installed Vietnam's first elevator in 1929 in the Presidential Palace in Hanoi.
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