Nippon Steel & Sumitomo Metal Corporation to open Vietnam subsidiary

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 At the present time, Vietnam is represented by Nippon Steel & Sumitomo Metal (Thailand), which is headquartered in Bangkok.

The new Vietnam company will be a wholly-owned subsidiary of NSSMC and will have offices in Hanoi by the end of 2016.

NSSMV is scheduled to open for business in 1 October 2016. It's aim is to 'strengthen its function in collecting information, supporting steel sales and technology services in Vietnam', according to NSSMC.

Source: steeltimes international