New Vietnamese-Danish Clothing Joint-Venture

Under their agreement, the Vietnamese partner, Anh’s Style Joint Stock Company, will manufacture high-quality M2M men’s clothing while the Danish company, Enel Aps, will provide the know-how and the management expertise for the joint venture and assume responsibility for marketing and management of the new company.
The clothing produced by the joint-venture will be exported predominantly to Denmark and other European countries, according to Tran Thi Thu Trang, the company’s Executive Director.
The joint venture has been established using funds totalling one million Danish kronor (approximately US$200,000), provided by the Embassy of Denmark’s Business-to-Business programme, which was launched in 1997.
The Danish Government has agreed to provide 30 million kronor (US$5.3 million) each year for the implementation of the programme.

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