Wednesday, July 18, 2007

Gemadept, Hyundai to launch joint venture

Gemadept Corporation (GMD) and Hyundai Merchant Marine plan to open Hyundai Marine-Viet Nam after being granted a licence by Ho Chi Minh City authorities.

The 300,000 USD joint venture, which is 49 percent owned by GMD, will sell Hyundai Merchant Marine products and serivces.

Source: VNA

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