In the agreement, Vietbridge will assist Dot VN in developing a full-service Internet advertising program, including reselling Dot VN's Internet advertising services to its client base; providing content, images and materials for the web portals; assisting the Company in conducting market research; and responding to customer inquiries.
"Since our online marketing pages have been receiving over one million views per day on average, we wanted to direct this valuable growing number of visitors to more relevant and interesting content by developing dynamic, informative and entertaining sites," said Thomas Johnson, CEO of Dot VN, Inc.
"By working closely with Vietbridge to promote and market our sites, we are confident that we can create and manage the top 'go-to' Internet portals serving the Southeast Asian region."
Henry Leong founded Vietbridge LLC in 2002. Vietbridge acts as a link for global companies by introducing them to the country of Vietnam through projects such as joint venture partnerships, investments, financing services, importing/exporting, marketing and advertising. Vietbridge LLC has provided advertising sales for clients such as SuncasTV, an IPTV company with Asian programming based in Arlington Heights, Ill.; Maivoo LLC of Chicago, Ill., an online news and web content provider for the Vietnamese communities in the U.S. and Vietnam; and www.tin247.com, a Vietnamese online news company based in Hanoi, Vietnam.
"We are looking forward to this relationship with Dot VN in order to create marketing opportunities and sponsorships for Dot VN's web portals," said Vietbridge CEO Henry Leong.
"We firmly believe in Vietnam's economic growth -- it is the right country at the right time for investment. We are confident in Dot VN's ability to develop technological advancements on multiple levels to support and encourage this growth."
Vietnam is the second fastest growing economy in the world, with a population of over 86 million people and a literacy rate over 90 percent. The U.S.-based International Data Group (IDG) forecasts that the Vietnamese IT market's spending will reach nearly U.S. $2.2 billion this year and over $3.5 billion in 2013 to become the IT market with the highest growth rate in Southeast Asia.
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