SSI Asset Management (SSIAM) is a company under Saigon Securities Incorporation (SSI), a leading financial group in Vietnam, recently signed an agreement with San Hoang Manufacturing Trading Co Ltd.
Reportedly SSIAM has purchased 10 percent stake in San Hoang, which is an emerging textile and apparel industry, in a bid to reinforce capital for production purposes.
The textile unit is based in Ho Chi Minh City, which is the industrial and economic center of Vietnam. It is expected that with money flowing in San Hoang mill, it may soon establish itself in global market.
Fibre2fashion News Desk - Vietnam