• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Talk Vietnam

All About The Vietnam

  • Submit
  • Disclaimers
  • About
  • DMCA
  • Privacy Policy
  • Contact
You are here: Home / Nafoods receives $5 million investment from Finnfund

Nafoods receives $5 million investment from Finnfund

April 1, 2020 by bizhub.vn Leave a Comment

Nafoods produces juice concentrate and frozen fruit, soft dried tropical fruit and nut butter for export. The firm received a US$5 million loan to boost its production, — Photo courtesy of Nafoods Agricultural production firm Nafoods Group Joint Stock Company received a long term loan of US$5 million from the Helsinki-based Finnfund. Nafoods will use the six-year loan to invest in production lines of high-quality agricultural products in its factory in southern Long An Province, where they produce different dried fruit products with a capacity of 150 tonnes per month. It will also produce 150 tonnes of natural cashew products and cashew butter per month in the factory. Chairman and CEO of Nafoods Nguyen Manh Hung said: “With Finnfund’s support, we will be able to accelerate the production plan.” “By sourcing fruits from various regions in Viet Nam, Nafoods is improving the incomes of small-holder farmers”, said Markus Pentikäinen, Finnfunds’ Investment Manager. Finnfund’s Chief Investment Officer said: “With modern equipment and packaging systems, Nafoods is a good example of a business that creates jobs and developes a closed agricultural value chain.” Founded in 1995 in Nghe An Province in the centre of Viet Nam, Nafoods’ core businesses include seedlings, juice… Read full this story

  • U.K.'s Great Point Media Lands $100 Million Investment for Film, TV Projects
  • 5G is coming. Here's one way to invest in the telecom boom
  • CollBox reaches $1 million in recovered revenue for small business customers
  • Naspers announces $300 million initiative to support startups and tech in South Africa
  • Danang calls for investment in 60 projects
  • Binh Thuan gives 11 project licences worth $990 million
  • Bitcoin investment scam steals tens of thousands from couple as cryptocurrency losses grow
  • Mekong Delta calls for Japanese investment in tourism, agriculture
  • MobiFone-AVG bribery: Millions of dollars hidden in Tet gifts
  • SF Mayor wants to slash fees, boost investment in city’s struggling small businesses
Nafoods receives $5 million investment from Finnfund have 300 words, post on bizhub.vn at April 1, 2020. This is cached page on Talk Vietnam. If you want remove this page, please contact us.

Filed Under: Corporate News Nafoods Group, Helsinki-based Finnfund, Corporate News, 1 million to invest

Primary Sidebar

RSS Recent Stories

  • Job market expected to pick up in 2021
  • Making startups register business in Vietnam discussed at TECHFEST 2020
  • Hòa Phát Group posts 80 per cent growth in after-tax profit
  • Stringent measures to clean house at profiteering public-run hospitals
  • US provides Vietnam $100,000 in aid to cope with floods

Sponsored Links

Copyright © 2021 Talk Vietnam. Power by Wordpress.