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Press Releases
New Export Opportunities Unfold for Vietnamese Manufacturers as
Global Sources Expands Representation in Market
Media Briefing to Demonstrate How Vietnam Suppliers Can Market and Sell to 700,000 Volume Buyers Worldwide Ho Chi Minh City, Vietnam, June 25, 2008 – New export opportunities are now available for Vietnamese manufacturers as Global Sources (NASDAQ: GSOL) (http://www.globalsources.com) extends its product and service offerings to the Vietnam market. This was announced at a media briefing, hosted today by Asian Sources Publications Limited's Representative Office in Ho Chi Minh City. The media briefing demonstrated how the Company can help suppliers to meet the requirements of international importers and grow their export sales.
Global Sources' Executive Director, Sarah Benecke, said: "Buyers are always looking for new products and competitive suppliers. Vietnam has proven to be highly competitive in numerous sectors – including furniture and home décor. "We believe huge opportunities lie ahead for even more exporters who have the skills to meet global design and quality standards at competitive prices. "Quality-focused manufacturers in Vietnam can now reach and sell to Global Sources' more than 700,000 volume buyers. They can do this cost-effectively through Global Sources Online, the China Sourcing Fair trade shows and our monthly magazines. These channels support suppliers from lead generation and brand building, to negotiation and final orders." Global Sources Online is located at http://www.globalsources.com and buyers can register to attend the China Sourcing Fairs online at http://www.chinasourcingfair.com . Supplier Verification Key Buyer Concern – Proven Solution Available in Vietnam Benecke said: "Today, trust is a top issue for volume buyers sourcing from international markets. Through our proprietary Six-Star Supplier Ranking System, all suppliers are verified. This helps them to quickly gain the confidence of top buyers – and, in turn, to win more export orders. The Global Sources' offering in Vietnam is unique in four key areas, Benecke said: "One, Global Sources offers highly specialized multi-media services; two, we provide the most comprehensive online marketplace available; three, we provide buyers verified suppliers, and; four, all Global Sources suppliers are ranked between one and six stars, depending on how much information they wish to provide to buyers." Vuong Brings Right Combination of Education, Language Skills and Work Experience In order to spearhead local expansion efforts, Asian Sources Publications Limited's Representative Office in Ho Chi Minh City, Vietnam appointed Andrew Vuong as Country Manager for Vietnam. Asian Sources Publications Limited is Global Sources' Hong Kong sales representative. Vuong received his MBA from the prestigious Thunderbird School of Global Management in the US and speaks several Asian languages, including Vietnamese. He has held senior positions at US firms, including Positec Industrial and Smith Barney. More information about Global Sources is available at http://www.corporate.globalsources.com . |
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