A distribution group with a 1,500-strong-contingent staff and a system of some 50,000 sales agents officially made its debut on March 28.

Since its establishment in 1993, the Phu Thai Joint-stock Company has spared no effort to develop itself into a model of distribution and investment. The Company aims to increase its registered capital to VND1.1 trillion in early 2008.

Also on March 28, the group signed an agreement on credit and banking services with the Bank for Investment and Development of Vietnam (BIDV).