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Vietnamese, US firms cooperate in e-trade   2008-05-21 - VNA

The Thi truong Viet (TTV) online store has signed an agreement to collaborate with an US company, VN Ventures, to open a representative office in California to jointly operate the TTV website.

Under the agreement, VN Ventures will help develop an English version of the TTV website, which provides US and international customers with access to high quality Vietnamese products. The online store, with the fast service motto “365 days, you’ll want, you’ll win”, is particularly popular with Vietnamese Americans.

TTV and VN Ventures will also open a US showroom of Vietnamese products to allow Vietnamese businesses to access the foreign market.

Customers can make online payment by using the Dong A multipurpose card issued by the Dong A ( East Asia ) Joint Stock Bank. In the future, they may be allowed to use Visa and Mastercard as TTV plans to work with other partners.

TTV hopes to attract between 300-500 new product suppliers in 2008 and to have 70,000-100,000 people access the site a day, to become a leading Vietnamese e-trader.

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