Tokyo, January 16th, 2023 – Merap Group Corporation and Lion Corporation (Japan) signed a Master Investment Agreement (MIA) which marked the most significant turning point of Merap since its establishment with the vision of becoming a leading healthcare company in Vietnam. The signing ceremony also coincided with the 50th anniversary of the Japan-Vietnam’s diplomatic relations.
Specializing in research and development and consumer understanding, Merap Group has an advantage in manufacturing innovative products that are technologically advanced and of best quality in Vietnam. Meanwhile, Lion Corporation, Merap’s strategic partner from Japan, possesses significant strengths in R&D, global/Japanese standard technologies, high-quality product portfolio with various international brands, a global corporate network and a worldwide distribution platform. Under the strategic partnership, Merap Group and Lion Corporation will strategically exchange expertise while harmonizing the cultures and values of each other.
The strategic partnership with Lion is expected to help Merap enhance its quality to the standard of J-GMP (equivalent to EU-GMP quality standard), maximizing the efficiency and competitiveness of Merap’s healthcare products. On the other hand, the Japanese-quality products of Lion will be gradually reaching Vietnamese consumers owing to the extensive coverage of Merap’s distribution channel.