TẠP CHÍ ĐIỆN TỬ
Sojitz Corporation and Stavian Group sign MoU
Japanese and Vietnamese partners to work together in many fields, including forestry, energy, and chemicals.
Japan’s Sojitz Corporation and Vietnam’s Stavian Group have signed an MoU on developing strategic partnerships across many fields, including forestry, energy, and chemicals.
The Sojitz Corporation comprises approximately 400 subsidiaries and affiliates in Japan and abroad, operating in fields such as automobiles, aerospace and transportation, energy, mineral resources, recycling, chemicals, food sources, agriculture and forestry, and consumer and industrial goods.
It has established 17 joint ventures in Vietnam, including one with Vinamilk, the country’s largest dairy producer, building a $500-million complex in northern Vinh Phuc province, bordering Hanoi, that will raise cows and supply beef to northern Vietnam.
In November 2023, Sojitz and its subsidiaries acquired full ownership of the Dai Tan Viet JSC (New Viet Dairy), a major food wholesaler in Vietnam. Sojitz said it will utilize New Viet Dairy’s sales network to promote seafood products of its subsidiary MF Vietnam Ltd.
In September 2023, Vietnam’s northern province of Quang Ninh granted a polypropylene (PP) production technology transfer certificate to the Stavian Quang Yen Petrochemical JSC to implement a $1.5 billion petrochemical project.
The project will be built on 30 ha at the Bac Tien Phong Industrial Park in Quang Yen town. Expected to begin operations by the fourth quarter of 2026, the project will supply 600,000 tons of PP, a type of polymer, every year.
