Japan's Nojima invests in VN electronic goods retailer

Tuesday, Jul 23, 2013 11:17

Japan's Nojima Corporation has paid over VND64 billion (US$3 million) for a 10 per cent stake in Tran Anh Digital World JSC, an electronic goods retailer.—Photo dddn

HA NOI (Biz Hub)— Japan's Nojima Corporation has paid over VND64 billion (US$3 million) for a 10 per cent stake in Tran Anh Digital World JSC, an electronic goods retailer.

As well as financially supporting Tran Anh to expand its market share, Nojima will also send experts to work with the Vietnamese partner to build long-term business strategies and improve customer services.

The deal means that Nojima has now become the first electronic goods company in Japan to set up ties with a Vietnamese retailer.—VNS


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