On April 16th, 2014, at New World Hotel, Meito Transportation and Toda Industries signed a joint venture contract to be going to run a cold storage warehouse.
Both Meito Transportation and Toda Industries have realized that it is necessary to develop logistics in Vietmam. The logistics sector of Vietnam hasn’t strong enough because foreign enterprises take a great deal of the market share of it. The cooperation between Meito Transportation and Toda Industries will be an important step to develop logistics in Vietnam and a preparation step for Vietnam to integrate in the world ‘s economy.
With the rate of the capital contribution is 50 /50 , Metro Vietnam will be a logistics operator in Vietnam. Metro Vietnam, with 55 year in experience, now is the biggest company in Japan in transporting frozen freights. Operating the cold storage warehouse will help to preserve frozen foods in the best way.
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