Vietnamese and French post groups to offer direct mail

The Vietnam Post Corporation (VNPost) and the La Poste Group of France will jointly launch cost-effective Direct Mail service in Vietnam in April.

Responsible for the service will be these groups’ Post Media Joint Stock Company, which is participated by Smart Media, a joint stock company founded by the Vietnam Post and Telecommunications Group.

The Post Media company, which is undergoing final legal procedures for its official operation, is established under an agreement signed during Prime Minister Nguyen Tan Dung’s visit to France in September 2007.

At a recent working session with VNPost, La Poste Chairman Jean Paul Bailly said his group wants to expand cooperative ties with VNPost to other fields, including the supply of financial, insurance and banking services through postal system.

He also affirmed La Poste’s willingness to help VNPost link with electronic money transfer system of France and Europe.

According to VNPost General Director Do Ngoc Binh, VNPost and La Poste signed a memorandum of understanding on their cooperation in December 2005.

The two groups have by now collaborated in setting up the Post Media company, and providing express and electronic money transfer services, and personnel training for VNPost.

La Poste is interested in helping VNPost establish a joint stock bank and develop life insurance products, Binh said.

The Vietnam Post Corporation (VNPost) and the La Poste Group of France will jointly launch cost-effective Direct Mail service in Vietnam in April.

Responsible for the service will be these groups’ Post Media Joint Stock Company, which is participated by Smart Media, a joint stock company founded by the Vietnam Post and Telecommunications Group.

The Post Media company, which is undergoing final legal procedures for its official operation, is established under an agreement signed during Prime Minister Nguyen Tan Dung’s visit to France in September 2007.

At a recent working session with VNPost, La Poste Chairman Jean Paul Bailly said his group wants to expand cooperative ties with VNPost to other fields, including the supply of financial, insurance and banking services through postal system.

He also affirmed La Poste’s willingness to help VNPost link with electronic money transfer system of France and Europe.

According to VNPost General Director Do Ngoc Binh, VNPost and La Poste signed a memorandum of understanding on their cooperation in December 2005.

The two groups have by now collaborated in setting up the Post Media company, and providing express and electronic money transfer services, and personnel training for VNPost.

La Poste is interested in helping VNPost establish a joint stock bank and develop life insurance products, Binh said.

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