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Business.vn, Inc. Acquires Hotels.vn (Etats-Unis)

Business.vn, Inc. Acquires Hotels.vn (Etats-Unis)

Category: North America & West Indies / Carribean islands -
This is a press release selected by our editorial committee and published online for free on 2008-03-07


Business.vn, Inc. (OTCBB:BVNI), a Nevada corporation, an e-commerce, travel, tourism and marketing company focusing on the Vietnamese market, announced today that it has completed the acquisition of the Vietnamese web portal Hotels.vn and its related intellectual properties.

The www.Hotels.vn hotel reservation web portal has over 250 2-5 star hotels advertising on the site, and is one of the very few websites inside Vietnam offering real time e-commerce transactions. This comprehensive online travel web portal has been operating successfully for over 4 years and has a database of over 4,500 Vietnam Hotels.

The travel and tourism industry in Vietnam grew by 19% with over 4.1m visitors in 2007. There was record foreign investment of $20B. into Vietnam last year; this equates to a very healthy growth period for Vietnam tourism and economy.

Sheldon Silverman, CEO, says, “Business.vn has attained another milestone in the acquisition of the Hotels.vn. The Company has begun an aggressive marketing plan to further the brand Hotels.vn.”



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