HA NOI — A Long Joint Stock Corporation signed a contract yesterday to buy 55 per cent of Bao Ngoc Bakery.
Le Duc Thuan, chairman and general director of A Long Corporation, said his corporation would not change the Bao Ngoc trademark and would set up a strategic plan to turn Bao Ngoc Bakery into a country-wide food producer and nutrition foodstuff distributor. It also aimed to penetrate into regional countries.
A Long Corporation said the company would focus on bringing the Bao Ngoc Trademark back to the market. Bao Ngoc products would be strictly produced and supervised under quality production management by Japanese experts and technology. — VNS