Hanoi (VNA) – The Petrolimex Equipment Joint StockCompany (Peco) has inked a comprehensive technical cooperation contract onpetrol dispenser production with two Japanese partners, Tatsuno Corporation andNomura Trading Co. Ltd.
Peco Director Hoang Van Canh said under thecontract, his company is the only manufacturer of Tatsuno-branded petroldispensing pumps, along with some other products, in Vietnam.
At the signing ceremony, the Japanese partnersexpressed their trust in Peco’s technological level, its staff quality and thequality of Peco and Tatsuno-branded products which will be controlledcompletely under Japanese standards.
Tran Van Thinh, General Director of Petrolimex –the Vietnam National Petroleum Group, said he hopes the Japanese side willcontinue assisting its Vietnamese partner with new technologies to protect theenvironment and gradually modernise the group’s petrol retail network.
Peco formed partnerships with the Japanesepartners in the late 90s through a technical cooperation and technologytransfer contract and the building of a fuel dispenser factory.
Peco has posted strong growth in its petroldispenser sales, up to 1,200 units in 2016. It has also supplied dispensers toPetro Lao Co. Ltd and Petrolimex Laos and is set to expand the market toCambodia and Myanmar in the near future.-VNA
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