Satra, SBS Holdings join hands in logistics

Saigon Trading Corporation (Satra) and Japanese SBS Holdings yesterday signed a memorandum of understanding on cooperation in logistics field to improve the corporation’s goods receiving and delivery ability.
 
The two sides will work on a pre-feasibility study of a joint venture project to create a chain covering input materials, processing, preservation, transportation and delivery.
 
Satra is the owner of Vietnam’s top prestigious brands in food processing field such as Vissan, Cau Tre, Agrex Saigon, Cofidex, APT and Vietnam Brewery Limited.
 
The corporation is also runner of the country’s largest wholesale market Binh Dien providing seafood and farm produce, two supermarkets, one trade center and 66 convenient stores Satrafood and many other stores.
 
SBS Holdings is a prestigious logistics group in Japan with annual revenue of US$1.3 billion. Its main businesses comprise seaway and airway transportation.
 
The cooperation with Satra is part of the group’s strategy to wait in front for the about to be signed Trans-Pacific Partnership.

By Hai Ha – Translated by Hai Mien

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