Foreign funds invest in Vietnamese company
VTV.vn - VinaCapital Vietnam Opportunity and Deutsche Investitions of the KFW Group have decided to invest 30 million USD in An Cuong Wood JSC to develop the furniture industry in Vietnam.
These two foreign funds will become the strategic partners of An Cuong JSC. With 1,300 employees, An Cuong is one of the top companies in the wood processing and furniture sector in Vietnam. Last year, the company had a revenue of 70 million USD with growth of more than 30%.
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