SCG Packaging invested VND 2,825 billion (about THB 3,727 million) to take a further 30% stake in Duy Tan JSC, raising its total shareholding to 100%.
Depak Company Limited received approval to raise its investment in a packaging factory at Bim Son Industrial Park, Thanh Hoa, from VND85 billion to VND394.2 billion (about $14.74 million). The plant will make carton packaging and plastic wood products, with operations expected 37 months after land handover.
SCG Packaging plans to invest US$334 million in Vietnam as part of its expansion of packaging businesses, including the Duy Tan acquisition and paper production expansion in northern Vietnam.
Constantia Flexibles Group is investing in new technology at its flexible packaging subsidiary in Vietnam to expand its product portfolio. The item is dated March 20, 2018.