Shimadzu to manufacture in Vietnam

Japanese x-ray vendor Shimadzu has established a joint-venture company in Vietnam to sell and manufacture x-ray equipment for the Vietnamese market, according to Nikkei English News. The joint venture will be headquarted in Hanoi, with Shimadzu owning 55%, Vietnamese company Medical Equipment Enterprise (METECH) owning 20%, and other Vietnamese firms owning the rest.

The company will start manufacturing x-ray systems in October, with plans to build 200 units a year by 2001. Shimadzu is believed to be the first Japanese company to locally manufacture x-ray equipment in Vietnam, according to Nikkei.