omniture

New Export Opportunities Unfold for Vietnamese Manufacturers as Global Sources Expands Representation in Market

2008-06-25 15:47 1405

Media Briefing to Demonstrate How Vietnam Suppliers Can Market and Sell to

700,000 Volume Buyers Worldwide

HO CHI MINH CITY, Vietnam, June 25 /Xinhua-PRNewswire-FirstCall/ -- 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.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )

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 decor.

“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 .

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 is facilitating trade from Greater China to the world, using a wide range of English-language media. The other business segments facilitate trade from the world to Greater China, and trade within China, using Chinese-language media.

The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 700,000 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 230 countries.

Global Sources offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 2.6 million products and more than 195,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9 specialized trade shows which run 27 times a year across eight cities.

Suppliers receive more than 32 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com ) alone.

Global Sources has been facilitating global trade for 37 years. Global Sources’ network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,100 team members in more than 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.

Global Sources Press Contact in Asia:

Camellia So

Tel: +852-2555-5021

Email: cso@globalsources.com

Global Sources Investor Contact in Asia:

Investor Relations Department

Tel: +852-2555-4777

Email: investor@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 U.S.:

Christiane Pelz & Kirsten Chapman

Lippert/Heilshorn & Associates, Inc.

Tel: +1-415-433-3777

Email: investor@globalsources.com

Source: Global Sources
Related Stocks:
NASDAQ:GSOL
collection