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Vinapaco uses cost reduction plan

Update: February, 14/2012 - 10:37

HA NOI — The Viet Nam Paper Corp (Vinapaco) will apply a range of new methods to reduce production costs and increase business efficiency this year.

The corporation aims to control input prices, use more domestic materials, enhance supervision of wood production and expand its share in the domestic market.

Vinapaco has targeted revenue of VND7.772 trillion (US$370 million) for 2012, and profit of VND125 billion ($5.95 million).-VNS

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