Cinnamon Inc., an Artificial Intelligence (AI) start-up based in Tokyo and Viet Nam, has successfully raised US$15 million in Series B funding for its expansion of operations in the US market.
Itochu, Japan’s second-largest trading company, has spent some five billion yen (US$46.9 million) to buy an additional 10 per cent equity in Viet Nam National Textile and Garment Group (Vinatex).
Viet Nam Textile and Garment Group (Vinatex) on Monday signed a strategic co-operation agreement with Japanese firm Itochu, witnessed by PM Nguyen Xuan Phuc and his Japanese counterpart Shinzo Abe in Ha Noi.
VTJ JSC, a member of Vietnam National Textile and Garment Group
(Vinatex), signed an agreement with TOMS Co., LTD, of Japan to produce
T-shirts at Dien Sanh Industrial Zone.
Japanese trading firm Itochu and the Vietnam National Textile and
Garment Group (Vinatex) have signed a framework agreement to support
several projects in dyeing and materials production in Viet Nam.
Trading firm Itochu will invest in the Vietnam National Textile and
Garment Group (Vinatex), ahead of a potential free-trade agreement that
could boost Vietnamese exports, according to Nikkei Asian Review.
Japan''s ITOCHU Corporation has proposed to construct a wharf to
transport cereals at Lach Huyen port in northern Hai Phong City on a
public private partnership (PPP) model.
Japanese Toshiba, Hitachi and ITOCHU companies have won an order to
supply the Vietnam Expressway Corporation (VEC) with an Intelligent
Transport Systems (ITS) package.