Phan Minh Thông, General Director of Phúc Sinh JSC, said the fund would not participate in operating the business but simply provide financial support. This has been the first time the company received foreign investment in 22 years of operation. The deal was completed after 18 months of negotiation.
The Western Australia Vietnam Business Council Inc (WAVBC) is based in Perth, Western Australia and is a ‘not for profit organisation’.
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