• Home >
  • News
  •  > Establishing Canon Marketing Vietnam

Establishing Canon Marketing Vietnam

From Canon, Inc.:
 
Canon newly establishes Canon Marketing Vietnam, aims to create Vietnam-based import and distribution system for Canon products
 
TOKYO, Japan, SINGAPORE and HO CHI MINH CITY, Vietnam, July 23, 2012—Canon Inc. and Canon Singapore Pte. Ltd. announced today the establishment of Canon Marketing Vietnam Company Limited, a new Canon marketing subsidiary in Ho Chi Minh City, Vietnam. The new company was established with the aim of creating an import, distribution, sales and service system for Canon products in Vietnam.
 
In recent years, Vietnam, which joined the World Trade Organization in January 2007, has made great strides in transitioning to a market economy and integrating into the international economic system. In particular, through the government's economic open-door policy and domestic-demand expansion policies, Vietnam has achieved economic growth approaching 6% over the past few years with further expansion expected in the future, which has created a pressing need for Canon to establish a strategic marketing system in the country.
 
In response to these circumstances, Canon has newly established Canon Marketing Vietnam Company Limited in Ho Chi Minh City, Vietnam.
 
In addition to existing business segments, through the new marketing company, Canon also aims to further expand its market share within such industries as production printing, and motion-picture and broadcasting production.
 
Overview of New Company
 
1. Name: Canon Marketing Vietnam Company Limited
2. Location: Ho Chi Minh City, Vietnam
3. Representative: Noriji Yoshida (to be appointed President & Legal Representative)
4. Business activities: Import, distribution, sales and service of Canon products in Vietnam
5. No. of employees: Approximately. 40 (as of July 2012)
6. Capital: VND 63 billion (JPY 240 million, calculated at an exchange rate of VND 1=JPY 0.00385)
7. Equity structure: Canon Singapore Pte. Ltd.: 100%
8. Establishment: June 2012
11. Start of operations: August 2012 (tentative) Note: Canon currently operates the following manufacturing subsidiaries in Vietnam: Canon Vietnam Co., Ltd., established in April 2001, which manufactures such products as inkjet printers and laser printers
 
(sorry - I don't know why "9" and "10" were omitted)
Posted: 7/22/2012 10:34:48 PM CT   Posted By: Bryan
Posted to: Canon News
comments powered by Disqus

Please support this site and my family by using the links provided throughout the site to make your purchases
Using this link to make your B&H purchase supports this site and my family
Using this link to make your purchase supports this site and my family
Using this link to make your purchase supports this site and my family
Using this link to place your Beach Camera order supports this site.
Using this link to place your Think Tank Photo order supports this site. Should your order total more than $50.00, Think Tank Photo will send you a free gift with your order if this link is used
Using this link to place your MindShift Gear order supports this site.
Canon Refurbished:
(Like new gear at nicely reduced prices)
B&H Photo
Adorama
Canon Store: DSLRs | Lenses | Flashes
 
Fund New Gear by Selling the Used:
Sell Used Gear at B&H Photo (learn more)
Sell Used Gear at Amazon.com
Support this site by ordering a Lensbaby!

Help | Contact Us | Support Us | Terms of Use | © 2003-2014 The Digital Picture, LLC | Bryan CarnathanPowered By Christ!