Vietnam is a very important market for Canon, Kensaku Konishi, President and CEO of Canon for South and Southeast Asia, told Singapore-based Vietnam News Agency reporter.

At a media meet held during the launch of Canon Business Services in Singapore this week, Konishi, who is responsible for leading and overseeing the operations in Singapore and 18 other Asian countries, including Vietnam, said that Canon has over the past more than 10 years developed its operations in Vietnam with the latest being the establishment of Canon Marketing Vietnam in July 2012.

The new company was established with the aim of creating an import, distribution, sales and service system for Canon products in Vietnam, he added.

According to Konishi, Canon Vietnam is one of the five subsidiaries in the region recording highest growth. In 2012, Canon Vietnam’s operations were up 30 percent from the previous year, following only Canon India.

He attributed the high growth to good distribution network in Vietnam, including Le Bao Minh distributor and more than 300 agents.

The official confirmed that Vietnam remains a potential market that Canon is strategically prioritising in the coming five to ten years.

He added that Canon Business Services, which has been newly developed to address current needs of organisations by enabling organisations to outsource information intensive processes, communications and administrative functions, will be introduced first to Singapore businesses, then those in India, Hongkong and Malaysia within this year.

“The same services will be launched in Vietnam next year,” Konishi said.

Canon currently operates four manufacturing factories in Vietnam.-VNA