DFI Signs License in Vietnam to Expand into Asian Markets

Diamon-Fusion International Inc. (DFI) in San Clemente, Calif., has expanded its presence in Vietnam by signing an exclusive license agreement with Paradigm Network Ltd., a British Virgin Island-based corporation with a growing network of businesses based in Vietnam. The operations will be managed in Vietnam by GmG Co. Ltd., a Vietnamese independently-owned company.

According to a press release from DFI, Vietnam has Asia's second-fastest-growing economy, with 8.7 percent growth last year, trailing only China. The country joined the World Trade Organization in 2006. Through the end of 2005, Vietnam's growth rate exceeded that of Thailand, Malaysia, Taiwan, South Korea and even India.

"Vietnam is growing at a very fast pace and its current trade openness creates a good timing for the introduction of our innovative nanotechnology, along with all upcoming products we have in our R&D portfolio; we are very pleased with this strategic alliance for Vietnam," says Guillermo Seta, executive director of DFI Global Operations.

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