Thai company eyes Vietnamese market

Thailand’s Berli Jucker Public Co. Ltd plans to expand its operation in Vietnam and Myanmar to meet an increasing consumer demand in the Southeast Asian region.

BJC President Aswin Techajaroenvikul said Vietnam’s consumer demand is high thanks to its large and young population. He said BJC, listed in Thailand’s securities market, is currently running three factories in HCM City producing glass bottles, aluminum cans, and tissue paper.

According to Bangkok Post, BJC is negotiating with a potential partner of Vietnam and plans to buy about 51 percent of its shares.

The purchase aims to widen the company’s distribution, particularly in the northern region of Vietnam, as the demand for bottles and cans in the Vietnamese market is increasing. – VOV

Tags: invest in Vietnam, Vietnam FDI, Vietnam FDI 2011, Vietnam investment

Posted by VBN on Dec 3 2011. Filed under Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry