Vietnam’s top paint company, Kova Paint, is entering the Bangladeshi market through a joint venture with Versetilo Group. A new factory named Kova Paint Bangladesh will be set up to produce 150 tons of paint daily. The plant will cater to both domestic demand and exports to SAARC countries. The agreement was signed in Kuala Lumpur, with Kova aiming to use the Bangladesh facility for fulfilling export orders to India and Malaysia. Officials from both companies and trade associations attended the signing ceremony.