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Press Releases
Global Sources collaborates with Vietnam's largest trade association to promote exports of home products
Ho Chi Minh City, Vietnam, September 14, 2009 – Global Sources (NASDAQ: GSOL) (http://www.globalsources.com) signed an agreement today with the Vietnam Chamber of Commerce and Industry (VCCI) to promote exports of Vietnam-made home products.
Through the agreement, VCCI members are able to gain greater access to Global Sources' community of over 829,000 global buyers. This may be made possible through dedicated, prime booth space at the China Sourcing Fair: Home Products in Hong Kong, an expanded Private Sourcing Event schedule and export marketing training. Global Sources' Executive Director, Sarah Benecke, said: "Home products are consistently among Vietnam's top exports. In 2008, for example, furniture and bedding exports to the U.S. totaled $1.4 billion, representing more than 10 percent of the country's total U.S.-bound exports. "Despite the economic downturn, products made in Vietnam continue to gain market share worldwide, thanks to a mix of price, quality and design that is unmatched across a range of product categories. As our buyers look for more quality sources from Vietnam, we are working to help them locate suppliers on which they can rely. "We are proud to collaborate with Vietnam's largest trade association to help the country's home product exporters promote their quality products to the world." Director of Vietnam Chamber of Commerce and Industry, Bui Thi Thuc Anh, said: "With an aim of supporting Vietnam suppliers to boost their export sales and to diversify Vietnam-made products to overseas markets, we firmly believe our cooperation with Global Sources will help the local exporters of home products enter new markets and grow their businesses. Global Sources brings more than 38 years of experience helping Asia's suppliers export to the world will surely join us as an ideal partner in continuing to serve our mission and create jobs locally, thus help to boost the economy." Collaboration further enhances Global Sources' products and services for Vietnam suppliers Global Sources has continued to expand its products and services available to local Vietnam suppliers. These include Global Sources Online (http://www.globalsources.com), the China Sourcing Fairs (http://www.chinasourcingfairs.com), Private Sourcing Events (http://www.privatesourcingevents.com), Global Sources trade magazines and Vietnam Sourcing Reports. |
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