Sign of a Deepening Relationship: Vietnam’s Communist Party Leader Visits the United States
In a historic meeting this week, the President of the United States met with Nguyen Phu Trong, the General Secretary of the Communist Party of Vietnam. This type of high-level meeting has not occurred since the two countries normalized relations 20 years ago. Both countries are eager to deepen their relationship, particularly as China continues to expand its power in the Asian region. A key part of this deepening relationship is the Trans-Pacific Partnership (TPP) trade deal, which involves twelve countries including Vietnam.
Impact of the New Law on Enterprises on Vietnam’s Corporate Governance
The Law on Enterprises 2014, which came into effect on July 1, 2015, sets out obligatory governance structures for different types of companies.
Investing in Vietnam: Corporate Entities, Governance and VAT – New Issue of Vietnam Briefing Magazine
The new issue of Vietnam Briefing magazine, titled “Investing in Vietnam: Corporate Entities, Governance and VAT”, is out now and available as a complimentary download in the Asia Briefing Bookstore.
Vietnam Becomes World’s Fourth Largest Textile Exporter
According to the Vietnam National Textile and Garment Group (Vinatex), Vietnam has become the world’s fourth largest textile exporter. In the first half of this year, the country earned an estimated US$12.18 billion from these products – a year on year (YOY) increase of 10.26 percent. The industry is well on its way to meeting its 2015 export target of US$27-27.5 billion.
State by State: Vietnam and California Trade
In 2014, California exported US$1.21 billion in merchandise to Vietnam, up 9 percent from 2013. This figure has more than doubled from US$538 million in 2005, reflecting the fast growth of the Vietnamese market.
ASEAN Guide Released With Full Vietnam Manufacturing Case Study & Trade Details
Dezan Shira & Associates have published a free, 112 page Guide to the entire ASEAN region, covering the demographics of each of the ASEAN member states.
State by State: Vietnam and Michigan Trade
Vietnam should be a core market for Michigan, a state which boasts US$451.52 billion in GDP in 2014, and a population of 9.88 million recorded in 2010.
State By State: Vietnam and Wisconsin Trade
Vietnam’s US$824 million trade surplus with Wisconsin results from its position as the fifth most important source of imports for the state by value.
Vietnam to See Strong Trade Growth through 2030
Vietnam’s strategic geographic location, low wages, and beneficial trade deals are set to make the country an increasingly important export destination both in Asia and throughout the world. In a recent report released by the bank HSBC, it has been revealed that Vietnam will see strong export growth through the year 2030.
The Cost of Business in Vietnam Compared With China
Read how ASEAN Tiger Vietnam compared to China as a destination for your business.