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Global Sources collaborates with Vietnam's largest trade association to promote exports of home products

2009-09-14 12:35 2107

HO CHI MINH CITY, Vietnam, Sept. 14 /PRNewswire-Asia-FirstCall/ -- 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.

(Logo: http://www.prnasia.com/sa/200708071747.jpg )

Through the agreement, VCCI members will gain greater access to Global Sources' community of over 829,000 global buyers. This will 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 the aim of helping Vietnam suppliers boost their export sales and 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. They are an ideal partner in continuing to serve our mission and create jobs locally, thus helping to boost the economy."

Collaboration further enhances Global Sources' products and services for Vietnam suppliers

Global Sources continues to expand its products and services for 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.

About Global Sources

Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.

The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 829,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.

The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 4.3 million products and more than 196,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 12 specialized trade shows which run 29 times a year across 10 cities.

Suppliers receive more than 81 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.

Global Sources has been facilitating global trade for 38 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has over 2,500 team members in more than 40 locations, and a community of over 1 million registered online users and magazine readers for its Chinese-language media.

Global Sources Press Contact in Asia

Camellia So

Tel: +852-2555-5021

Email: cso@globalsources.com

Global Sources Press Contact in U.S.

James W.W. Strachan

Tel: +1-480-664-8309

Email: strachan@globalsources.com

Global Sources Investor Contact in Asia

Investor Relations Department

Tel: +852-2555-4777

Email: investor@globalsources.com

Global Sources Investor Contact in U.S.

Kirsten Chapman & Timothy Dien

Lippert/Heilshorn & Associates, Inc.

Tel: +1-415-433-3777

Email: tdien@lhai.com

VietchamExpo Press Contact in Vietnam

Lan Anh

Tel: +84-8932-6339

Email: media@vietcham-expo.com

Source: Global Sources
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