DFI Signs License in Vietnam to Expand into Asian
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
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
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