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American job board CareerBuilder (NYSE:GCI) announced plans to acquire Vietnam Online Network (VON), one of the country’s largest job sites, for an undisclosed amount. The deal will increase the foothold of CareerBuilder in the local market.
The US recruiter will acquire two of VON’s sites, HRVietnam and KiemViec. Founded in 2007, VON is one of the top players in the Vietnamese recruitment market.
Paul Hung Nguyen, CEO of KiemViec and HRVietnam, said: “CareerBuilder will help us provide the best recruitment solutions to our clients and users. Like CareerBuilder, KiemViec.com is more than just a job portal and we look forward to continue to help our clients find the right talent as well as our users find the right opportunity through new solutions and products.”
KiemViec has over one million registered users and the acquisition will allow international recruiters to access CVs and job applications from Vietnam. The acquisition fits into CareerBuilder’s strategy to significantly expand its market presence in Asia over the next few years.