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Press release 07/03/2024

The Signing Ceremony of the Memorandum of Understanding to Develop Strategic Cooperation between Stavian Group & Sojitz Vietnam

On Wednesday (March 6, 2024), the Signing Ceremony of the Memorandum of Understanding to Develop Strategic Cooperation between Stavian Group & Sojitz Vietnam was successfully held at Stavian Group headquarters (Century Tower, Hanoi).

Sojitz Corporation was formed from the union of Nichimen Corporation and Nissho Iwai Corporation, headquartered in Tokyo, Japan. Currently, Sojitz Group comprises approximately 400 subsidiaries and affiliates in Japan and worldwide that operate in many fields, such as automobiles, aerospace & transportation, energy, mineral resources - recycling, chemicals, food sources, agriculture and forestry, consumer goods, and industrial.

The Signing Ceremony marked a new development in the cooperation process, accompanying sustainable development and tightening the solidarity between Stavian Group & Sojitz Vietnam. Accordingly, Stavian Group and Sojitz Vietnam will develop strategic cooperation in forest development and wood chips, energy, decarbonization, paper pulp, and chemical business. In the coming time, with the support and strong potential of Sojitz Vietnam, Stavian Group will continue to expand and develop our business activities, affirming our position as a large-scale multinational industrial corporation.