Sunday, January 24, 2010

VN food firm forms joint venture for rice export in Cambodia

Sunday, Jan 24, 2010
SGGP

The Southern Food Corporation (SFC) has established a joint stock company with two Cambodian firms to produce and export rice, said Chairman of the Vietnam Food Association Truong Thanh Phong.
The new joint venture, called the Vietnam-Cambodia Food Joint Stock Company (Cavifoods), is headquartered in Phnom Penh.
The company has a chartered capital of US$8 million, with 37 percent owned by SFC, 30 percent by the Green Trade Company, and 33 percent by the Cambodian Investment and Development Company.

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