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South Korea’s GS Caltex acquires stake in Vietnam car wash start-up

GS Caltex Corp., South Korea’s second-largest oil refiner by sales, is investing VND39 billion (USD1.6 million) in Vietnam car wash startup VI Automotive Service. VietWash, a subsidiary of VI Automotive Service, is a Ho Chi Minh City-based startup that is trying to push the Vietnamese car wash industry forward. VietWash operates about 50 car wash […]

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