Home Economy

US packaging-labelling firm opens distribution centre in HCM City

Jul 8th at 11:09
08-07-2015 11:09:02+07:00

US packaging-labelling firm opens distribution centre in HCM City

US-based Avery Dennison, a global labelling and packaging materials and solutions firm, on July 2 opened its first distribution centre in Viet Nam in HCM City's Tan Binh Industrial Park to support the company's investment in the high growth Viet Nam market.

"We place a high emphasis on the ASEAN region, especially the rapidly growing Viet Nam market in which we have been a major player since 2004," Georges Gravanis, president of materials group, Avery Dennison said.

"Our new distribution centre in Viet Nam is an important step in further expanding our footprint in the emerging markets. We believe that Viet Nam will be the company's key driver of success in this region."

The 5,600sq.m centre, which cost almost US$700,000 to set up, features high-speed slitting machines that are capable of finishing high-quality paper and filmic pressure-sensitive materials.

bizhub

MOST READ

NEWS SAME CATEGORY

Imported waste faces checks
ECONOMY Jul 8th at 11:07

Imported waste faces checks

All imported waste material will be examined at customs checkpoints, according to a new regulation issued by the General Department of Customs that aims to ensure...

Nation needs wholesale markets
ECONOMY Jul 8th at 11:05

Nation needs wholesale markets

The Vietnamese Government was considering a project to build a wholesale agricultural market worth billions of US dollars, said an official of the Korea Chamber of...

Room prices rising at high-end hotels
ECONOMY Jul 8th at 11:04

Room prices rising at high-end hotels

Average room rates in upscale hotels and resorts across Viet Nam saw a slight increase in 2014 even as occupancy rates decreased, according to a survey by auditing...

Manufacturing expo draws in int'l firms
ECONOMY Jul 8th at 11:03

Manufacturing expo draws in int'l firms

The 13th International precision engineering, machine tools and metalworking exhibition (MTA Vietnam 2015) opened yesterday in HCM City.

Promotions should be used to push key products
ECONOMY Jul 8th at 11:01

Promotions should be used to push key products

Trade promotional activities should focus on enhancing the export of key Vietnamese products and the consumption of local products in home markets, according to the...

Vietnam should make itself more popular with cruise ship tourists: executive
ECONOMY Jul 7th at 14:31

Vietnam should make itself more popular with cruise ship tourists: executive

Vietnam has potential to attract cruise ship tourists, but the country is still unpopular with these affluent vacationers, an executive of a U.S. cruise line said.

US, Vietnam look to early conclusion of TPP negotiations
ECONOMY Jul 7th at 14:22

US, Vietnam look to early conclusion of TPP negotiations

Party leader Nguyen Phu Trong and US Trade Representative Michael Froman expressed a desire to accelerate an early conclusion of the Trans-Pacific Partnership (TPP)...

Will Viettel be listed as a Significant Market Power telco?
ECONOMY Jul 7th at 14:15

Will Viettel be listed as a Significant Market Power telco?

As the only telecom enterprise that holds the dominant market position, the military telco Viettel will be the only telecom service provider to have its service fee...

KinderWorld Education Group to develop Outward Bound Vietnam in Binh Dinh
ECONOMY Jul 7th at 14:06

KinderWorld Education Group to develop Outward Bound Vietnam in Binh Dinh

Pegasus Investment and Consultancy JSC, the Vietnamese subsidiary of Singapore’s Kinderworld Education Group, today received the investment certificate from the...

Hue attracts $128m investment in six months
ECONOMY Jul 7th at 13:59

Hue attracts $128m investment in six months

The central province of Thua Thien-Hue drew investments worth more than VND2.8 trillion (US$128.4 million) to industrial zones in the past six months.

Read More

MOST READ

Back To Top