SGS wins Vietnam license

SGS wins Vietnam license

HANOI (AFP): Swiss international inspection giant Societe
General de Surveillance S.A. (SGS) has received a license to
begin operations in Vietnam a company official said yesterday.

SGS will invest more than US$800,000 to open a Hanoi-based
office offering inspection and verification of export goods
ranging from shoes to rice to petroleum products, said a company
official who declined to be identified.

"We will test anything from the percentage grade of rice to
shoes and textiles through to petroleum exported to Cambodia," he
said.

"We act as a third party umpire between buyer and seller," he
added, saying there is great demand for such services from
foreign buyers interested in Vietnam.

The group already has opened representative offices in Hanoi
and Ho Chi Minh City.

Its new license will be valid for 15 years.