Hanoi, 22nd July: Hong Kong-listed Alibaba.com announced last week that it now has more than 100,000 registered members in Vietnam. That is more than double of the number of Vietnamese members they had at the same time last year. The company’s press release stated that more than 4,000 small Vietnamese businesses are now registering each month on Alibaba.com.

Brian Wong, senior director of Marketing and Strategic Business Development, stated, “Online marketplaces like Alibaba.com can provide companies of any size with a quick and easy way to participate in global trade and diversify their markets. It is encouraging to see that the Vietnam government shares our vision of promoting e-commerce adoption among local businesses, and we feel that this vision will ultimately lead to faster economic recovery and the creation of more employment opportunities in Vietnam.”

In addition to the agreement with the Vietnam Industry and Trade Information Center (VITIC) to promote the use of ecommerce in Vietnam, Alibaba.com also works with OSB Investment and Technology Company as a local reseller in that market.  Source: Alibaba.com press release  –  Courtesy BSG Hong Kong

BIIA Newsletter September 2009 Issue