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Vinatex to institute securities firm

08 Feb '07
1 min read

The Viet Nam National Textile and Garment Group (Vinatex) is planning to set-up a subsidiary securities firm in future.

The new security firm will be a joint venture and company will have 30 percent of shares of the company, strategic partners will posses 30 to 40 percent and remaining will be allotted to shareholders.

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