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Home / Market Intelligence / Our Services / Global Sources Launches New Vietnam Office to Promote Honest and Reciprocal Global Trade!

Global Sources Launches New Vietnam Office to Promote Honest and Reciprocal Global Trade!

Release Date: January 09, 2024

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(December 21, 2023, Vietnam) - Global Sources, the internationally recognized multi-channel B2B sourcing platform, today officially opened its new Vietnam office. This important move underscores Global Sources' strong commitment to promoting honest and mutually beneficial global trade, and further strengthens the company's leadership position as a trusted global trade enabler. The new Vietnam office is located on the 9th floor of D&D Tower, 458 Nguyen Thi Minh Khai Road, 2nd Quarter, District 3, Ho Chi Minh City.

The opening of a new office in Vietnam signals Global Sources' expansion into a market with exponential growth potential. This initiative further validates the company's commitment to connecting the world's honest buyers and suppliers by providing customized export promotion solutions and detailed, reliable market information.

Global Sources CEO Hu Wei expressed his excitement and delight at the opening of the new office and emphasized the importance of the Vietnam office to the company's global goals. "We have always been committed to building bridges to international trade, connecting honest buyers and suppliers around the world and providing them with customized export promotion solutions and complementary and reliable market information," said Hu Wei. "The opening of our new office in Vietnam is the best proof of this commitment. More than just a physical presence, it lays the foundation for us to build a sustainable and mutually beneficial trading relationship. In the future, we will further penetrate into the Vietnamese market and serve traders in Vietnam through diversified channels both online and offline."

Global Sources sees Vietnam as having great potential in the global sourcing arena. Hu Wei said, "Our goal is not only to expand our business, but also to invest in Vietnam, build meaningful partnerships and integrate into the local economy."

On the day of the grand opening ceremony, a number of distinguished guests attended and learned about the key businesses that Global Sources has undertaken to realize its broader corporate vision. The attendance list is as follows:

1. Mr. Michele D'Ercole, Chairman of the Italian Chamber of Commerce in Vietnam (ICHAM)

2. Mr. Tsai Chih-Fan, Vice Chairman of the Confederation of Taiwan Chambers of Commerce in Vietnam (CTCVN)

3. Ms. Kee Suk Hwee, Senior Director of Taiwan Chamber of Commerce in Vietnam (TCCVN)

4. Mr. Kung Hsiang Ping, Senior Director, Taiwan Chamber of Commerce in Vietnam (TCCVN)

5. Mr. Jan Segers, Vice Chairman of Spanish Chamber of Commerce in Vietnam (SCCV)

6. Representative of Canadian Chamber of Commerce in Vietnam (CanCham)

7. Ms. Vu Thi Minh Khoa, Deputy Director of International Relations and Trade Promotion Department, Vietnam Textile and Apparel Association (VITAS)

8. Ms. Tam Anh, Representative of Ho Chi Minh City Footwear and Leather Association (SLA)

9. Ms. Nguyen Thi Thu Hoai, Representative of Dong Nai Wood and Handicrafts Association (DOWA)

10. Ms. Nguyen Thi Lan, Director of Investment and Trade Promotion Center of Dong Nai Province (ITPC Dong Nai)

11. Mr. David Yeap, General Manager, PICO Vietnam

12. Mr. Roy Loo, General Manager, PICO Vietnam

13. Mr. Pham Dang Khanh, Deputy General Manager, Vinexad Advertising and Trade Fair Joint Stock Company (VINEXAD)

14. Mr. Hu Wei, Chief Executive Officer, Global Sources

15. Ms. Connie Lai, Chief Financial Officer, Global Sources

16. Ms. Coral Deng, Director of Human Resources, Global Sources

17. Mr. Sam Hui, Vice President, Exhibition Strategy and International Exhibitions, Global Sources

The exciting opening ceremony created a favorable atmosphere for strategic cooperation and exchange.

Ribbon Cutting Ceremony

Global Sources offices, supporting associations, industry experts and representatives of the Vietnam Overseas Chamber of Commerce attended the day's ribbon-cutting ceremony and the opening ceremony was officially launched.

Memorandum of Understanding Signing Ceremony

The official signing of the Memorandum of Understanding (MOU) between Global Sources and the Italian Chamber of Commerce in Vietnam signifies the commitment of the two parties to collaborate and partner for 2024 Global Sourcing Fair Vietnam.

In addition, at the opening ceremony, Global Sources signed a Memorandum of Understanding (MOU) with VINEXAD to strengthen cooperation and mutual support for the upcoming Global (Vietnam) Electronics Intelligent Manufacturing Show (GEIMS), which will make its debut in November 2024 at the Hanoi International Exhibition Center (ICE).

Networking Sessions

Guests were able to network with each other, exchange contact information and discuss potential cooperation or business opportunities.

The new Vietnam office will be a strong catalyst for the rapid development of the local economy and the establishment of influential partnerships with global trading partners. At the same time, the strict adherence to ethical business practices demonstrates Global Sources' strong commitment to enabling sustainable and fair trading relationships.

Strategic placement launched amidst surge in procurement demand

Vietnam's sourcing demand is strong, and the momentum for long-term growth is clear. Recognizing the sourcing needs of the global market, Global Sources decided to invest in Vietnam.

Over the past 16 years, Global Sources has played a pivotal role in helping Vietnamese suppliers expand their export business globally and has achieved impressive results. More than 500 Vietnamese suppliers have used the Global Sources online platform for export promotion and participated in the Global Sources Expo, which is a testament to the excellent work of the Global Sources Vietnam team and their contribution to the global trade industry. In addition, Global Sources successfully organized the first International Trade Procurement Show in Vietnam in April 2023, which attracted more than 6,200 buyers from all over the world and more than 300 local Vietnamese exhibitors, an event that demonstrated Global Sources' commitment to facilitating global trade transactions.

In addition, Global Sources announced that it will host the Global(Vietnam) Electronics Intelligent Manufacturing Show (GEIMS)  in November 2024 at the Hanoi International Exhibition Center. The show will be a new milestone in the company's commitment to serving the electronics manufacturing industry and actively promoting innovation, collaboration and global advancement.

By establishing a new office in Vietnam, Global Sources will continue to deepen its presence in the local market and invest in the local trade services sector. Global Sources invites industry stakeholders, partners and media to discuss how to build ethical, mutually beneficial and sustainable trading relationships around the world.

Looking forward, Global Sources will continue to be customer-oriented and actively embrace change, innovation and progress to help promote honest and reliable international trade and build mutually beneficial and sustainable trading relationships globally.

About Global Sources and Global Sources Vietnam

Global Sources is an internationally recognized, multi-channel B2B trade platform dedicated to enabling global trade. Founded more than 50 years ago, the company connects the world's honest buyers and verified suppliers through trade shows, digital platforms, and magazines, providing customized export promotion solutions and trusted market information. 1995 saw the launch of the world's first B2B e-commerce cross-border trade platform, GlobalSources.com, which now serves more than 10 million registered buyers and users worldwide. Today, Global Sources serves more than 10 million registered buyers and users worldwide.

The highly respected Global Sourcing Fair Vietnam will be held from April 24-26, 2024 at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, bringing together top suppliers and discerning overseas buyers in the home furnishings, gifts, and fashion products industries from Vietnam and the rest of Asia. With a commitment to quality, diversity and enabling international trade, the show is dedicated to showcasing quality sourcing options from the vibrant Vietnam and other Asian sources.

For more trade show information,please stay tuned!

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