With New Office in Vietnam, TradeCard Expands Presence in Southeast Asia to Support Growing Trade Flows

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Operational hub in Ho Chih Minh City houses four customer-facing executives to support over 300 customers in Vietnam.

“We’ve worked with TradeCard for many years and their local support and resources have had a significant impact on our business,” said Paul Wu, Quang Viet Enterprise Co.

TradeCard, Inc., the supply chain collaboration and global trade platform used by more than 10,000 retailers, brands, manufacturers and service providers, has opened an office in Ho Chih Minh City to support growing trade flows in Vietnam. More than 418,000 orders, valued at $2.7 billion, moved through Vietnam on the TradeCard Platform from January 1 through October 31, 2012, a 92% increase in order volume versus full year 2011. Using TradeCard, 304 suppliers in Vietnam processed 639 million items and 494 million cartons during this time period.    

“We’ve worked with TradeCard for many years and their local support and resources have had a significant impact on our business,” said Paul Wu, Quang Viet Enterprise Co. “The new office in Ho Chih Minh City aligns with our growth strategies and will play an essential role for supporting trading partners in Vietnam.”

“Vietnam continues to be one of the world’s fastest growing sourcing locales, particularly for footwear and apparel,” said Drew Dempsey, Vice President of Global Services, TradeCard Asia-Pacific. “Through our team in Ho Chih Minh City, we provide extensive support to local suppliers as buyers worldwide increase demand for packing and shipping capabilities, such as pack-and-scan and store-ready merchandise.”

The TradeCard office is located in District 1 of Ho Chi Minh City.

“The new field office is an essential component of our commitment to our customers’ growing business in Vietnam,” stated Sean Feeney, CEO of TradeCard. “We take extreme pride in our ability to deliver unparalleled service and support wherever our customers – and their supply chain partners – operate. We’ve added four professionals to our team specifically to service our rapidly expanding customer base in Vietnam.”

About TradeCard, Inc.
Since 1999, TradeCard, Inc. has transformed global supply chain collaboration by boosting visibility, cash flow and margins for over 10,000 brands, retailers, suppliers and service providers operating in 78 countries. TradeCard delivers a cloud-based network that enables complex, multi-enterprise sourcing transactions across multiple layers of the supply chain. More than 45,000 individual users leverage the TradeCard Platform to streamline transaction flows, from purchase order through production tracking, shipment and payment. Embedded financial services throughout the supply network reduce capital costs and minimize risk. Multi-enterprise collaboration on the platform delivers visibility into the movement of goods, from raw materials to the store shelf. TradeCard’s on-the-ground trade experts around the world allow entire supply networks to rapidly join and drive value through the platform.

The world’s leading retailers and brands, including Levi Strauss & Co., Columbia Sportswear, Guess and Rite Aid, leverage the TradeCard Platform and its member network for sourcing and global trade. TradeCard, Inc. is headquartered in New York City, with offices in San Francisco, Amsterdam, Hong Kong, Shenzhen, Shanghai, Taipei, Seoul, Colombo and Ho Chi Minh City. TradeCard is located online at http://www.tradecard.com.

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