FGV teams up with 2 firms to penetrate Vietnam's market


HO CHI MINH CITY: Felda Global Ventures Holdings Bhd (FGV), has teamed up with Vietnam's Kinh Do Corp (KDC) and regional logistics solutions provider, Indo Trans Logistics Corp (ITL), to make foray into Vietnam's specialty oils and palm-based consumer market.

FGV Head of Palm Downstream Cluster, Datuk Zakaria Arshad, said FGV and the two parties today signed a memorandum of business exploration  to explore the formation of a new joint venture (JV) company.

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