New investment company opens in HCM City

23/02/2008 -- 10:09 PM

HCM City (VNA) – The Westpac Union Investment Joint Stock Company made debut in Ho Chi Minh City on February 23. With an start-up capital of over 42 million USD, the company will involve in investment and investment consultancy, property management, financial solutions and business development. Its strategy is to focus long-term investment on such fields as finance, real estate, hi-tech, heavy industry, mineral exploitation, services and entertainment industry. At its debut ceremony, Westpac Union Investment signed a strategic cooperation agreement with the Bank for Agriculture and Rural Development of Viet Nam (Agribank), which will sponsor the company’s large projects. The company also inked another agreement with the US ’s VIV Systems Inc. on building a 10 million USD factory to produce electronic components in Viet Nam.-Enditem
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