Itochu

Update news Itochu

BUSINESS IN BRIEF 4/2

Saigon Securities divests from confectionery; Vinatex and Itochu embark on ambitious project; Vietnamese manufacturing on the rise; Vietnam to mobilise development capital equal to 30% GDP; Mekong Delta exports 516,000 tonnes of rice in January

Itochu purchases Vinatex shares

 Trading firm Itochu will invest in the Viet Nam National Textile and Garment Group (Vinatex), ahead of a potential free-trade agreement that could boost Vietnamese exports, according to Nikkei Asian Review.