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and the move of textile and electronics Sojitz and Saigon Paper will work
production to the country from China. Toilet together on recyclable wastepaper collection
paper demand quintupled in that time as from industrial parks, logistics facilities and
living standards improved amid annual growth the Ministop convenience stores that the
in gross domestic product of about 6%. Japanese company helps operate.
Saigon Paper’s founders formed the The trading house, which has been
company in 1997, but now see a need for expanding operations in Vietnam, aims to
greater efficiency and capital investment. raise its papermaking sales in the country
Sojitz will send six managers from Japan around 40% to roughly 18 billion yen by 2022.
to help revamp the company’s finance and YUJI OHIRA
accounting systems. The trading house Published on 26-06-2018
will consider updating the manufacturer’s
https://asia.nikkei.com/Business/Business-deals/Japan-s-Sojitz-buys-
production facilities as well. Vietnam-industry-leader-Saigon-Paper
Lễ công bố chuyển giao nội bộ T6-2018
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