C.T Group joins hands with South Korean firm

News - C.T Group, known for its many huge property projects on the local market, on Wednesday signed a strategic cooperation agreement with South Korea-based CJ Group in the sectors of entertainment, retail and logistics.

The cooperation will enable two sides to exploit their huge potentials in these sectors in the upcoming time, marking a new stage of development for both sides.

CJ Group is a giant firm active in entertainment, retail, logistics and food sectors and having strong financial capacity, according to Tran Kim Chung, president of C.T Group.

Previously, CJ-CVG Group spent some US$73.6 million buying the MegaStar cinema chain in Vietnam in July last year. In addition to the entertainment industry, logistics and food are also its two key industries.

Having 36 member companies, C.T Group is active in several sectors, including property, retail, construction, financial investment and entertainment.