In recent weeks U.S. President Barack Obama visited Vietnam, the first presidential visit to the country since 2006. The president lifted a 40-year ban on the sale of military arms to the country.
On a smaller scale, the visit signals a shift for other industries including the technology trade. MonDevices recently signed an agreement with a company in Vietnam to sell its award winning MonBaby device in the country.
While MonBaby has been available in U.S. for more than a year, the device recently received warm reception in Europe as deals were closed with multiple new distributors.
“We are very happy with our new relationship with Vietnam,” said MonDevices CEO Lev Grzhonko. “Our device helps parents deal with the anxiety of having a new baby, and not worry about many of the problems that could afflict a newborn. It’s a universal value that should be available to all parents, regardless of where they live. We look forward to expanding to other countries in Southeast Asia and beyond.”
MonBaby is widely available in the United States and United Kingdom through multiple online channels, and will soon be available in more than 400 brick-and-mortar Target stores in the U.S.
These new distributor partnerships mark an exciting move into the global marketplace, which the company hopes to build upon in the coming months.