In July 2015, SPI and MARXART INC (Japan) signed Memorandum of Understanding (MOU), in regard to their potential cooperation ties in doing business in Vietnam, and/or wherever possible in the world. The two parties therefore agree to seek opportunities to cooperate in, but not limited to, the following areas for mutual benefits:

SPI  will become MAXART’ representation office & sales agent in Vietnam for networking, selling and logistic activities

SPI is obliged to support MAXART sufficiently in order to assure the success of the activities

The two parties shall also Identify opportunities for developing an online trade community, where companies in Vietnam & in Japan can interact with each other and also with globe buyers, Developing idea about the core features of the community and commercial objectives

Identifying challenges about the project idea, estimated investment capital and related issues. The partners may establish a legal entity in Vietnam for implementing project idea at later stage