HCM CITY — Nam Thuận Phát Group, an electrical and mechanical engineering and metal works contractor, signed agreements on Thursday with five local and foreign partners for promoting its brand and expanding production scale.
They include leading multinational corporations including Japan’s Idemitsu Engineering and France’s VivaBlast of Việt Nam.
Speaking at the signing ceremony, Phan Nhật Tuyên, the general director of Nam Thuận Phát, said the deal would be an important turning point for his company.
The signing of the agreements took place on the occation of the company’s 15th foundation anniversary.
By 2023 it seeks to achieve sales of VNĐ1 trillion (US$43.9 million) and increase profits by 15-20 per cent on average every year until then.
It also hopes to train 300 engineers and expand its business across Asia. — VNS