~ Le Viêt Nam, aujourd'hui. ~
The Vietnam News

[Year 1997]
[Year 1998]
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[Year 2000]
[Year 2001]

Young vietnamese entrepreneurs to go online

HANOI - Vietnam: Vietnam's National Council of Young Entrepreneurs will launch the country's first all-business website in early March, an official said on Friday. The site, www.yesvietnamexpo.com.vn, has been testing on the Internet since Jan. 1 and will be officially launched in early March to help enterprises introduce their products and share market information, council Vice President Pham Tan Cong said.

The site will initially serve the council's members but later will be expanded to serve others as well, he said. Cong said the site aims to help Vietnamese enterprises improve their business efficiency and competitiveness as well as globalise Vietnam's trade. Vietnam currently has no e-commerce and the government is now drafting regulations for this new form of trade.

"E-commerce is essential for the country, where import-export volume reached $ 30 billion and internal trade $ 70 billion to $ 80 billion last year," Cong said. The council, established in 1998, has 1,500 members who are young directors of 1,500 companies with annual turnover totaling $ 5 billion and employing 500,000 people.

The Associated Press - February 3, 2001.