Yahoo! Establishes Yahoo Vietnam Company
Yahoo! Corporation February 16 officially announced establishment of Yahoo! Vietnam Limited Company, according to Thanh Nien (Young People) newspaper.
Yahoo! Vietnam Limited Company will be responsible for marketing, sales and distribution activities for Yahoo! in Vietnam.
Previously, Yahoo! Vietnam made some moves: recognizing four companies – Admax, FPT Online Advertising, GapIT Media JS Company and the Golden Media Group – as its four authorized advertising agents in Vietnam.
Yahoo! also Vietnamized its website for Vietnam and some accompanied services. It also combined with some Vietnamese newspapers to upload Vietnamese articles on the www.yahoo.com.vn and joined hands with MobiFone to supply searching services for mobile phone users called OneSearch.
In January 2009, Yahoo declared to close its Yahoo! Music website in Vietnam to review its music service strategy in the country.
The Yahoo! Southeast Asia representative office in Hanoi was licensed for the first time on August 3, 2007 by the Hanoi Department of Industry and Trade. The license was amended four times. (Young People, Labor)