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DotVN, Inc., Vietnam's Internet & Telecommunications Company, Opens Office in San Diego and Launches Corporate Website25 December 2005
DotVN, Inc. (PINKSHEETS: DOTV), a California corporation, the exclusive and official provider of Internet and Telecommunications services for Vietnam, announces the opening of its San Diego headquarters and the launch of its corporate website at www.dotVN.com, to expand its marketing and sales within the United States and globally.
DotVN, Inc. has been selected by the Vietnamese government for the next 20 years to exclusively register, manage its ccTLD (country code Top Level Domain) worldwide and to provide Internet and Telecommunication services to the entire country of Vietnam.
Vietnam, located in beautiful Southeast Asia, with a population of 90 million people, is the 2nd fastest growing economy in the world, only behind giant China. In 2001, Vietnam and United States signed the Bi-Lateral Trade Agreement to solidify its commitment to better relations and economic fairness.
Its tourism market is ranked third in the world (about 4 million foreigner visitors in 2005, an increase of 30% from 2004). Over 50 million Vietnamese are under the age of 30 and the literacy rate for the country is at 97%, top among the world. According to the American Chamber of Commerce, Vietnam is one of the safest and best countries to do business and invest.
Internet use has grown quickly in Vietnam and will clearly continue to grow at a faster rate as the Vietnamese community is further educated about the limitless possibilities that the digital world has to offer. With the strong promotional and effective marketing efforts of DotVN, Inc. and VNNIC (Vietnam Network Information Center, a government agency), the country's .VN domain names were made readily available to be registered globally via the Internet. Vietnam's Internet usage has grown over 1,000% in less than five years. With 6.1 million Internet users in Vietnam, penetrating only 7.4% of the population, Vietnam is a market that is set for unprecedented Internet growth.
Thomas Johnson, CEO, says, "We are very pleased to open our new office in San Diego and launch our corporate website in order to expand our promotion of Vietnam Internet and Telecommunications services worldwide. In addition, Vietnam's rapidly growing technology sector and Internet awareness, coupled along with its recent application to the World Trade Organization (WTO), has presented global businesses with a great opportunity for opening new markets and creating growth. DotVN Inc. is prepared to assist and service them."
About the Company:
Dot VN, Inc. (www.VN) is an International Technology Corporation, with offices located in San Diego, U.S.A. and Hanoi and Ho Chi Minh City, Vietnam. The Company is the official Internet services provider and telecommunications leader for the country of Vietnam.
For more information about investment opportunities, contact our Investor Relations: Abigail Bruce Capital Group Communications 655 Redwood Highway, Suite 220 Mill Valley, CA 94941 Phone: 415-843-0200 Internet: www.CapitalGC.com Email: Abigail@CapitalGC.com For more information about DotVN, Inc, contact our office: Thomas Johnson, CEO DotVN, Inc. Phone: 858-232-6640 Internet: www.dotVN.com Email: Thomas@dotVN.com Safe Harbor Statement:
This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements herein.
Contact: Abigail Bruce Capital Group Communications 655 Redwood Highway, Suite 220 Mill Valley, CA 94941 Phone: 415-843-0200 Internet: www.CapitalGC.com Email: Email Contact Thomas Johnson CEO DotVN, Inc. Phone: 858-232-6640 Internet: www.dotVN.com Email: Email Contact SOURCE: DotVN, Inc.
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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