Hanic opens its branch in Singapore

The management board of Hanoi general Investment

Joint Stock Co (Hanic) has recently approved for opening a branch in Singapore namely Hanic Singapore Branch (Hanicsi) for operating and managing the import-export works, exporting labourers and doing investment promotion activities.

The company's management board has assigned the steering board for following up the establishment of the branch in December 2009.

Apart from doing business activities in Singaporean markets, the company's new branch will support the company's domestic business department in expanding its business scope to foreign countries, as well as strengthening the company's trademark in international markets.

At present, Hanic has member companies of Hanic general trading centre, Mong Cai Branch and Vietnam Import Export Co Ltd (Vinaex) for exporting and importing works and three labour exporting centres.

Lately, the company has conducted collecting its shareholders' opinions for increasing chartered capital from 87.02 billion dong to 205.93 billion dong in Q1 of 2010.