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Travel Management

 July 14, 2006
Saigontourist Transport Corporation Joins RADIUS

 RADIUS - the global travel company announced (July 14) that Saigontourist Transport Corporation (STC) has become the latest member of their worldwide organization. With the addition of STC, RADIUS further extends its leading marketplace representation in one of the key emerging markets in Asia. STC, established in 1976, is based in Ho Chi Minh City where it provides a full range of business and leisure travel products including corporate travel management programs, VIP, group and FIT tours, MICE (Meetings Incentives Conferences and Exhibitions) and comprehensive inbound and ground transportation services.

Mr. Dinh Quang Hien, vice chairman and general director of STC said: "A strong global network is of great importance to our travel agency as the logical next step to our having firmly established ourselves in the Vietnamese market. We are extremely pleased to be the RADIUS shareholder agency in Vietnam and we are looking forward to enhancing the level of service we provide with RADIUS' state-of-the-practice technology tools and global business practices and capabilities." Mr. Hien has more than 20 years experience in the travel industry. STC counts many of the leading multinational companies as clients and has been the official travel service provider in Vietnam for governmental delegations including United States of America, France, Russia, China, Singapore, etc., STC has also been appointed the official service provider for transportation and travel services for the Southeast Asian Games in Vietnam in 2001 and is investing in a deluxe resort in Phu Quoc island and business infrastructure in Ho Chi Minh city and is anticipating further success with Vietnam joining the WTO.

Tony Hughes, president and chief executive officer for RADIUS offered: "Our shareholder agencies around the world depend on RADIUS to find reliable, well-established travel companies to work with so we are delighted to add an agency as strong as Saigontourist Transport Corporation to our partnership. Their success in Vietnam, combined with our international leadership, give us entry into this market at the highest level. We welcome STC and look forward to working closely with them as the business in the region continues to grow."