Kinh Do Corp. (KDC), which is listed on the HCM City stock exchange, has expanded its activities into training by buying a stake in the Sai Thanh Solutions Company (SSC).

KDC chairman Tran Kim Thanh said the company had set up its own training centre but needed a professional consulting and training firm to better satisfy staff and client needs.

KDC has acquired 40 per cent of SSC, which specialises in offering solutions for investment, consultation and training in business and management.

Thanh, who is also chairman of SSC, said: "We want to develop SSC into a strong brand with a focus on improving management skills of corporate senior managers. That’s why we entered a co-operation agreement with Singapore Institute of Management (SIM)."

On Tuesday SSC signed an agreement with SIM for a training programme for senior managers as the first step.

SSC also plans to invest VND100 billion (US$) in developing a modern training centre in District 7 in HCM City.

Source: VNS