Ringier enters the Vietnamese online market
Media Swiss is establishing an online business in Vietnam. The Ringier subsidiary has acquired Nhat Viet Group, under whose umbrella all of the group's future online activities will be developed.
The Ringier subsidiary Media Swiss is building up an online business in Vietnam. Media Swiss has acquired the company Nhat Viet Group, under whose umbrella all of the Group's future online activities in Vietnam will be developed. 70 percent of the company shares have been acquired to date, with the remaining 30 percent to be taken over at the end of 2012. Following the purchase of two online platforms in Croatia and Serbia, Vietnam is the fourth country in which the media company is pushing ahead with the development of digital marketplaces.
The Nhat Viet Group, with 30 Vietnamese software engineers and an offshore software development team, provides IT services for Ringier and Media Swiss. The company will also be implementing e-commerce projects in the near future.
The Nhat Viet Group, with 30 Vietnamese software engineers and an offshore software development team, provides IT services for Ringier and Media Swiss. The company will also be implementing e-commerce projects in the near future.
