Trade and Sustainable Development in Vietnam
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NOVEMBER 2015 Raising a Prodigy Starts with the Parents PAGE 92
COMIC RELIEF Vietnam’s Comic Book Industry Gets a Jumpstart PAGE 19 DINE WITH A VIEW Indulge in Japanese-Chinese Cuisine Overlooking the River PAGE 58 SAVAGE ISLAND Discover the Remotest Polynesian Island PAGE 80 WUNDERKIDS VIETNAM NOVEMBER 2015 Raising a Prodigy Starts With the Parents PAGE 92 Stories of the Sea 1 2 3 EVERYWHERE YOU GO Director XUAN TRAN Managing Director JIMMY VAN DER KLOET [email protected] Managing Editor CHRISTINE VAN [email protected] Deputy Editor JAMES PHAM This Month’s Cover [email protected] Location: Pullman Danang Beach Resort (www.pullman-danang.com) Associate Publisher KHANH NGUYEN [email protected] Editorial Intern ALEX GREEN Graphic Artist KEVIN NGUYEN [email protected] Located on Dong Khoi, the most beautiful street Staff Photographer NGOC TRAN [email protected] of Saigon, with balcony view to the Opera House For advertising please contact: NGAN NGUYEN [email protected] 090 279 7951 CHAU NGUYEN Our popular homemade style food and drinks [email protected] 091 440 0302 ƠI VIỆT NAM HANH (JESSIE) LE [email protected] NHÀ XUẤT BẢN THANH NIÊN 098 747 4183 Chịu trách nhiệm xuất bản: Giám đốc, Tổng biên tập HANNIE VO Nguyễn Xuân Trường [email protected] Biên tập: Quang Huy - Quang Hùng Thực hiện liên kết xuất bản: Metro Advertising Co.,Ltd 48 Hoàng Diệu, Phường 12, Quận 4 In lần thứ ba mươi hai, số lượng 6000 cuốn, khổ 21cm x 29,7cm Catina noodle Banana cake Lemongrass & Lime juice Catina drink Đăng ký KHXB: 2633 -2015/CXB/18-135/TN QĐXB số: 452/QĐ-TN General [email protected] Chế bản và in tại Nhà in Gia Định Nộp lưu chiểu tháng 11/2015 Inquiries [email protected] Website: www.oivietnam.com Welcome in. -
Doing Business in (Insert Country Name Here)
DOING BUSINESS IN VIETNAM Country Commercial Guide 2015 Prepared by U.S. Commercial Service and U.S. Embassy in Vietnam June 2015 International Copyright ©2015 U.S. Commercial Service and U.S. Department of State All rights reserved outside the United States of America. Table of Contents This report contains numerous hyperlinks. Click on any blue text in this document in order to navigate within the document or be directed to a related external web link. Chapter 1: Doing Business in Vietnam……………………………………………………. 4 Market Overview ……………………………………………………….………………………. 4 Market Challenges ……………………………………………………………………….……. 6 Market Opportunities ………………………………………………………………….………. 7 Market Entry Strategy …………………………………………………………………………. 7 Chapter 2: Political and Economic Environment…………..……………………….…… 9 Chapter 3: Selling U.S. Products and Services…………………………………………. 10 Using an Agent or Distributor ………………………………………………………………... 10 Establishing an Office ……………………………………………………………..…………. 11 Franchising …………………………………………………………………...…..……….…... 13 Direct Marketing ……………………………………………………………….……….……... 13 Joint Ventures/Licensing ………………………………………………………..…….……… 14 Selling to the Government …………………………………………………………...………. 14 Distribution and Sales Channels ……………………………………………………..……... 15 Selling Factors/Techniques …………………………………………………………..……… 17 Electronic Commerce …………………………………………………………………...……. 18 Trade Promotion and Advertising ……………………………………………………...……. 19 Pricing ………………………………………………………………………………………….. 20 Sales Service/Customer Support ……………………………………………………..…….. 21 Protecting -
History of Badminton
Facts and Records History of Badminton In 1873, the Duke of Beaufort held a lawn party at his country house in the village of Badminton, Gloucestershire. A game of Poona was played on that day and became popular among British society’s elite. The new party sport became known as “the Badminton game”. In 1877, the Bath Badminton Club was formed and developed the first official set of rules. The Badminton Association was formed at a meeting in Southsea on 13th September 1893. It was the first National Association in the world and framed the rules for the Association and for the game. The popularity of the sport increased rapidly with 300 clubs being introduced by the 1920’s. Rising to 9,000 shortly after World War Π. The International Badminton Federation (IBF) was formed in 1934 with nine founding members: England, Ireland, Scotland, Wales, Denmark, Holland, Canada, New Zealand and France and as a consequence the Badminton Association became the Badminton Association of England. From nine founding members, the IBF, now called the Badminton World Federation (BWF), has over 160 member countries. The future of Badminton looks bright. Badminton was officially granted Olympic status in the 1992 Barcelona Games. Indonesia was the dominant force in that first Olympic tournament, winning two golds, a silver and a bronze; the country’s first Olympic medals in its history. More than 1.1 billion people watched the 1992 Olympic Badminton competition on television. Eight years later, and more than a century after introducing Badminton to the world, Britain claimed their first medal in the Olympics when Simon Archer and Jo Goode achieved Mixed Doubles Bronze in Sydney. -
Harnessing Strengths Value Innovation Focus
Keppel Land Limited Value Talent Readiness Enterprise Execution Agility Integrity Accountability Can Do Value Readiness Collective Strength Innovation Collaboration Talent Value Readiness Collective StrengthPreparedness Customer Focus Accountability Talent Execution ValueSafePreparedness Integrityty Collaboration Readiness Collective Strength Collaboration Conservation Can Do Accountability EnterpriseInnovationCan Do Execution Preparedness Value Customer Focus Agility Enterprise Talent Execution Harnessing Strengths Execution Talent Readiness Can Do AccountabilitySustainabil Can DoExecution Talent Integrityity Preparedness Agility Collaboration Can Do Value Enterprise Innovation Talent Customer Focus Collective Strength Conservation Execution Readiness Agility Readiness Accountability Enterprise Sustainability Report 2015 Customer Focus Collective Strength Value Enterprise Readiness ExecutionP CollectiveeStrength opleInnovation Readiness Preparedness ExecutionCollaborationEnterprise Preparedness Accountability Integrity Collaboration Value Execution Value Customer FocusCollective Strength Conservation Can Do Readiness Innovation Readiness Agility ValueCommun Integrity Collective StrengthityTalent Enterprise Innovation Execution Can Do Readiness AgilityValue Customer Focus Harnessing Strengths Keppel Land Limited Sustainability Report 2015 (Incorporated in the Republic of Singapore) 230 Victoria Street #15-05 Bugis Junction Towers Singapore 188024 Tel: (65) 6338 8111 Fax: (65) 6337 7168 www.keppelland.com Co Reg No: 189000001G Vision Operating -
Impacts of Trade Liberalization on Labor Allocation in Viet Nam1
Impacts of trade Liberalization on labor allocation in Viet Nam1 Draft version, please do not quote Vu Hoang Dat Centre for Analysis and Forecasting (CAF), Viet Nam Academy of Social Sciences (VASS) and Développement, Institutions et Mondialisation (DIAL), Laboratoire d'Économie de Dauphine (LEDa), Université Paris-Dauphine Abstract This study investigate impacts of trade liberalization on employment allocation across different types including self-employment, wage work in household businesses and those in formal sectors of private, foreign invested and state ones. Extensions of the two-step specification and the one-equation specification of the model in Goldberg and Pavcnik (2003) are employed to answer the question empirically. Data is sourced from five Viet Nam Household Living Standard Surveys from 2002 to 2010 and available measures of the trade liberalization in Viet Nam. The results indicate that there are no significant impacts of trade liberalization on relative allocation between the wage work in the formal sectors and those in household businesses and the results are mixed for the impacts on the allocation between the wage work in the formal sectors and the self-employment. Keywords: Trade liberalization, labor allocation, informality, Vietnam. 1 The paper is based on a part of a research implemented with a research grant and technical support from the Mekong Economic Research Network (MERN) - managed by the Centre for Analysis and Forecasting (CAF) of the Vietnam Academy of Social Sciences (VASS) with financial support from the International Development Research Centre (IDRC), Canada. The author is grateful to Pham Minh Thai (CAF, VASS), Phan Thi Song Thuong (MPI/KDI), Vu Thi Thu Thuy (GSO) and Vu Thi Van Ngoc (CAF/VASS) for their comments/contributions in early state of the research. -
Overseas Environmental Measures of Japanese Companies(Vietnam )
Chapter 1 Overview of Environmental Issues and Environmental Conservation Practices in Vietnam This chapter is divided into seven sections that provide basic information necessary for Japanese companies to implement effective environmental measures in Vietnam. Section 1 presents the outline of Vietnam and discusses its relations with Japan and Japanese companies, and Section 2 gives information about environmental problems in the country as they exist now. Section 3 explains the country's environmental policy, legislation, administrative structure, and other related matters. Sections 4 through 6 provide information about the scheme and content of the country's specific environmental regulations designed to deal with water pollution, air pollution, and industrial waste, which are the country's principal environmental challenges and at the same time the problems against which Japanese companies are required to take countermeasures. Finally, Section 7 describes the process of environmental impact assessment required to be performed prior to building industrial plants or other facilities. In addition, Appendix 1 in the references at the end of this report carries the whole text of the Law on Environmental Protection, which was put into effect in January 1994 and constitutes the basis for Vietnam's environmental policy. Appendices 2 through 4 contain excerpts of three pieces of environmental legislation that have a lot to do with Japanese companies doing business in Vietnam. 1 Section 1 Vietnam and Japanese Companies 3 Chapter 1 – Section 1 1. Increasingly Closer Japan-Vietnam Relations Centering in Economy The Socialist Republic of Vietnam (hereinafter called Vietnam), located in the eastern part of the Indochina, has a population of 77 million, the second largest in Southeast Asia after Indonesia. -
Open Educational Resources
C O L AND DISTANCE LEARNING AND DISTANCE PERSPECTIVES ON OPEN C O L PERSPECTIVES ON OPEN AND DISTANCE LEARNING PERSPECTIVES ON OPEN AND DISTANCE LEARNING OPEN EDUCATIONAL RESOURCES: AN ASIAN PERSPECTIVE Higher education has experienced phenomenal growth in all parts of Asia over the last two decades — from the Korean peninsula in the east to the western borders of Central Asia. This expansion, coupled with a diversity of delivery and technology options, has meant that more and more young Asians are experiencing tertiary education within their own countries. Open Educational Resources: An Asian Perspective Open Educational Resources: In South, South East and Far East Asia especially, universities, polytechnics, colleges and training institutes with a variety of forms, structures, academic programmes and funding provisions have been on an almost linear upward progression. Notwithstanding this massive expansion, equitable access is still a challenge for Asian countries. There is also concern that expansion will erode quality. The use of digital resources Open Educational is seen as one way of addressing the dual challenges of quality and equity. Open educational resources (OER), free of licensing encumbrances, hold the promise of equitable access to knowledge and learning. However, the full potential of OER is only realisable with greater Resources: An Asian knowledge about OER, skills to effectively use them and policy provisions to support their establishment in Asian higher education. This book, the result of an OER Asia research project hosted and implemented by the Wawasan Perspective Open University in Malaysia, with support from Canada’s International Development Research Centre, brings together ten country reports and ten case studies on OER in the Asian region that highlight typical situations in each context. -
Jonathan Haughton
JONATHAN HAUGHTON 11 Lawrence Lane, Arlington, MA 02474-1511, USA Tel: (617) 573-8127 Fax: (617) 994-4216 E-mail: [email protected] Web: http://web.cas.suffolk.edu/faculty/jhaughton/ SUMMARY Professor Economics Department, Suffolk University, Boston, MA. Employed since 1997. Chair since July 2018. Ph.D. Harvard University, 1983, in Economics. B.A. (Mod.) Trinity College, Dublin, 1977, in Economics, Mathematical Economics and Statistics. CFA charter holder Chartered Financial Analyst, since 2002. Previous full-time positions include: Wellesley College, Northeastern University, Harvard University, and U. of Maryland Baltimore County. Have taught courses or classes at: Shanghai Institute of Foreign Trade (2012-2015), Université Cheikh Anta Diop (2011, 2017), World Bank Institute (on-line courses 2007-2012), National Institute of Statistics of Rwanda (2019), National Economics University (Hanoi, 1994), Kaplan/Schweser (since 2001), and Temple University (Japan; 1987). Teaching highlights include: - high student evaluations - teaching prizes at Harvard, UMBC, and Northeastern - over 50 courses (in different subjects and/or at different institutions) - chair of 33 PhD dissertation committees (including 6 currently). Extensive research, spanning topics in areas including economic development, taxation, energy, demography: - 50 articles in refereed journals - 4 co-authored books, including Living Standards Analytics (Springer 2011), and Handbook on Poverty and Inequality (World Bank 2009). - 3 co-edited volumes; about 30 chapters in edited books - over a hundred other papers and reports. - Over 3,000 citations (Google Scholar);h-index 25; ResearchGate score: 22.3. Have undertaken research or consulting assignments for (among others): World Bank, African Development Bank, Inter-American Development Bank, UNDP, IMF, USAID, Ford Foundation, Land Reform Training Institute (Taipei), National Institute of Statistics of Rwanda, Economist Intelligence Unit, IFPRI. -
May 2019 International Trade Compliance Update
International Trade Compliance Update (Covering Customs and Other Import Requirements, Export Controls and Sanc- tions, Trade Remedies, WTO and Anti-Corruption) Newsletter | May 2019 In This Issue: World Trade Organization (WTO) World Customs Organization (WCO) Other International Matters The Americas - Central America The Americas - North America The Americas - South America Please see our Webinars, Meetings, Seminars section for contact and regis- Asia-Pacific tration information for the new webinars in our 16th annual Global Trade and Europe, Middle East and North Africa Supply Chain Webinar Series entitled, “2019: What's Up in International Trade? Keeping up to Speed on Evolving Challenges,” as well as links to Africa (except North Africa) past webinars and information on other events. Trade compliance enforcement ac- tions - import, export, IPR, FCPA In addition, there are links to the video recordings, PowerPoints and handout Newsletters, reports, articles, etc. materials of the Webinars, Meetings, Seminars, etc. 2018 Year-End Import/Export Review in Santa Clara as well as WTO TBT Notifications Presentation Materials from the CBP Rulings: Downloads and Asia Pacific International Commercial and Trade Client Confer- Searches ence (Tokyo November 2018). CBP Rulings: Revocations or Modifi- cations European Classification Regulations To keep abreast of international trade-related news, visit our blogs: Amendments to the CN Explanatory For International Trade Compliance Updates, please regularly visit www.international- Notes tradecomplianceupdate.com. Section 337 Actions For additional articles and updates on trade sanctions and export controls, please visit: Antidumping, Countervailing Duty http://sanctionsnews.bakermckenzie.com/ regularly. and Safeguard Investigations, Or- ders & Reviews For resources and news regarding international trade, particularly in Asia, please visit our Trade Crossroads blog at http://tradeblog.bakermckenzie.com/. -
The Vietnam-US-China Triangle: New Dynamics and Implications
ISSUE: 2015 NO.45 ISSN 2335-6677 RESEARCHERS AT ISEAS – YUSOF ISHAK INSTITUTE SHARE THEIR UNDERSTANDING OF CURRENT EVENTS Singapore | 25 August 2015 The Vietnam-US-China Triangle: New Dynamics and Implications Le Hong Hiep* EXECUTIVE SUMMARY The recent visit to Washington by Nguyen Phu Trong, the General Secretary of the Communist Party of Vietnam (CPV), may have been praised by both sides as a “historic” landmark in bilateral relations, but in order to gain a more nuanced evaluation of the event, the broader regional context, including recent developments in Vietnam- China and US-China relations, needs to be considered. New dynamics in the Vietnam-US-China relations suggest that, at least in the short run, Vietnam’s relations with the US will continue to improve, while its relations with China will suffer significant setbacks. At the systemic level, intensified strategic competition between China and the US makes Vietnam a natural target for both powers’ diplomatic manoeuvres. However, due to the South China Sea disputes, Ha Noi is more receptive to a stronger relationship with Washington. At the national level, while the mutual trust between Vietnam and the US has been enhanced in recent years, Vietnam-China relations have been suffering from a burgeoning trust deficit. The fact that national interests have replaced ideological consderations as the key determinant of Vietnam’s foreign policy also tends to favour Washington at the expense of Beijing. Vietnam’s domestic economic and political conditions, such as deepening economic ties with the US and rising anti-China sentiments, are also conducive to improvements in Vietnam-US relations while unfavourable for Ha Noi’s ties with Beijing. -
ABBYY Data Capture Technology Optimizes Loan Processing in Vietnam Foreign Trade Bank
Success Story ABBYY Data Capture Technology Optimizes Loan Processing in Vietnam Foreign Trade Bank «We have been trying to find a data capture solution for many years but up to this time no product could meet our demands. Although we know that there are many data capture solutions, the matter is that no solution can recognize Vietnamese and therefore they can not capture data from Vietnamese documents effectively. And ABBYY FlexiCapture is the best solution we have ever seen.» – says the director of the center of credits and loans Mr. Hung, the Bank for Foreign Trade of Vietnam. About Bank for Background Foreign Trade of Vietnam economy is based on work of small and medium enterprises. In spite Vietnam (VCB) of this fact an entrepreneur should have quite a large sum to start his business, and that is not always possible. And here banks come to help. The banking VCB is the oldest and the biggest commercial bank for external affairs system plays a very important role in the operation of businesses, because 50% with branches located all over of their capital comes from the bank loans . One of the biggest banks to provide Vietnam. The bank is the full member loans for enterprise customers is the Bank for Foreign Trade of Vietnam (VCB) – of Vietnam Bankers Association, the oldest commercial bank. The bank has always been known as the most Asia Bankers Association, SWIFT, prestigious bank in trade, finance, international payments and other banking Visa, MasterCard and the leading commercial bank in trade finance, and financial services, including loans for businesses. -
Vietnam Guide.Pdf
Contents 1. Overview of Vietnam P. 3 – 10 2. Legal Environment and Competition Law P. 11 – 21 3. Taxation, Transfer Pricing, Banking and Currency Control P. 22 – 33 4. Labour, Compensation Rule and Labour Supply Situation P. 34 – 47 5. Research and Development Environment P. 48 – 58 6. Supply Chain Environment P. 59 – 66 7. Infrastructure P. 67– 75 8. Types of Industries Encouraged by the Local Government P. 76 – 80 9. Key Government Incentives P. 81 – 87 10. Environmental Requirements P. 88 - 111 Disclaimer This material is prepared and intended for general information and reference purposes only. It does not cover exhaustively the subject it treats, but is intended to answer some of the important broad questions that may arise. When specific issues arise in practice, it will often be necessary to consider the relevant laws and regulations, and to obtain appropriate professional advice. The information contained here is current at the date of publishing and may change over time, and no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Hong Kong Productivity Council (“HKPC”), the Government of the Hong Kong Special Administrative Region, the publishers and authors are not responsible for the result of any actions which are undertaken based on information contained within this material, nor for any errors in, or omissions from, this material. In no event shall HKPC, or its council members, directors, employees or agents, be liable to you or anyone else for any decision made or action taken in reliance on this material for any business losses, including without limitation loss of or damage to profits, income, revenues, use, production, anticipated savings, businesses, contracts, commercial opportunities or goodwill as well as any consequential, special or similar damages sustained.