Chicago — March 26
CareerBuilder continues to expand in the Asian market with the acquisition of VON (KiemViec.com and HR Vietnam) in Vietnam.
KiemViec.com is Vietnam’s second largest career site by revenue and first by number of registered users. HR Vietnam specializes in recruitment and human resource services for employers. Together, CareerBuilder and VON will aim to bring Vietnam’s employers and workers a broader range of recruitment and job search resources.
Vietnam’s high economic growth rate, averaging between 6-8 percent in the last ten years, coupled with an increasing Internet penetration rate (33 percent), could make the market attractive for online recruitment.
With the acquisition, CareerBuilder now has a presence in 60 markets worldwide.