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?K? Line establishing joint venture Vietnam agency

ôKö Line establishing joint venture Vietnam agency

'K' Line said today that it would on April 1 establish its own shipping agency in Vietnam through a joint venture with local logistics company Hai Minh Corp., after receiving approval from the Vietnamese government.

   The Japanese shipping company will own 51 percent of 'K' Line (Vietnam) Ltd., which will have its head office in Hanoi and plans two branch offices in Haiphong and Ho Chi Minh City.