Annual Luncheon with Congressman Sam Farr President Vice President Members: Marcelo Siero Jim Faith Staff: Lidia Thompson If you would like to have an article published on this
newsletter please contact the editor by email.
This newsletter has been created by MBITA's editor
Annual Luncheon with Congressman Sam Farr
If you would like to have an article published on this newsletter please contact the editor by email.
This newsletter has been created by MBITA's editor
IN THIS ISSUE:
This month's issue focuses on two countries we believe have some great
trade and investment opportunities, Vietnam and Spain. These two countries
have very different business cultures yet both have expanding economies
and aggressive trade and investment strategies. MBITA has built some strong
business ties with these two countries and look forward to discussing
in detail how we can support your interests and efforts with trade and
investment in Spain and Vietnam.
This is the first edition of MBITA's World Tradewinds eZine that allows you to interact with your comments, articles or suggestions. Please visit the MBITA eZine blog to make your comments.
Thanks to Sean Gilligan of vBlog Central for help setting up the blog.
IiG's focus is on industries in which Germany has particular strengths and advantages such as Photonics, Biotechnology/Life Sciences, Nanotechnology, Green Technologies, Automotive, Aerospace, Information Technologies / Telecommunications, and others. There are industry specialists in each of these fields in the Berlin office. IiG frequently organizes panel presentations and other events in the U.S., either as stand-alone events, or in conjunction with trade shows and conferences, to present information and business opportunities to select audiences. Valuable connections are often made at these events, such as for in- or out-licensing deals or for financing.
With highly respected speakers from many disciplines, including business leaders, researchers, venture capitalists, industry experts and many others, these events offer specialized information to U.S. businesspeople with an interest in learning more about trends and emerging opportunities in the German and European Union markets. For example, early in 2005, IiG presented a panel of speakers at a luncheon at the annual Photonics West Conference in San Jose. Speakers from the Fraunhofer Institute for Applied Optics; Rofin-Sinar, a world leader in laser technology; OptecNet; and SPIE, the worldwide industry association; and others, helped to make this a standing-room only event.
IiG produces two regular English-language publications. The Invest in Germany Magazine is published twice a year, in January and July, and contains interviews, success stories, descriptions of major deals, information about political and tax trends and practical information about living in and doing business in Germany. The Invest in Germany Newsletter is published every two months and contains information about recent deals, events and industry news. These and other publications, such as the 169-page, Business Guide to Germany are available in hard copy or can be downloaded from www.invest-in-germany.com.
IiG also works directly with U.S. firms that are interested in setting up or expanding operations in Germany. IiG offers practical assistance, including site selection; introductions to regional authorities in any or all of the 16 German states; industry information; guidance with respect to the German corporate environment and business practices; support through IiG's extensive network of contacts in the public and private sectors; information about markets or market segments; assistance with regulatory issues; and other services.
For more information,
please contact IiG's West Coast representative:
May 15th Tony Livoti, President of MBITA, represented TradePort.org's
'California-Spain Initiative' at the 3rd annual US-Spain Executive
Program at Harvard University. This program is offered jointly by Real
Colegio Complutense in partnership with Harvard University.
of the presentation led by Michael Liikala of the U.S. Commercial Service
office in California, Tony Livoti gave a presentation on TradePort.org's
California-Spain initiative. This initiative offers free marketing and
industry reports on Spanish industries provided by the Foreign Commercial
Service office at the U.S. Embassy in Madrid, Spain. In the past year
hundreds of inquiries of these reports from TradePort users have been
distributed to Trade Promotion organizations throughout California and
the U.S. to offer trade promotion services to these users for possible
trade and investment support in doing business with Spain.
Over 40 participants attended a MBITA luncheon on trade and investment with Vietnam with four guest speakers discussing the various opportunities, challenges and future of U.S. trade and investment with Vietnam.
The luncheon program began with an overview of the current Vietnamese economy with highlights of the U.S./Vietnam Bilateral Trade Agreement presented by the keynote speaker, Ernest Garcia, CEO of San Francisco-based Direction 21 who specializes in business strategies in China and Southeast Asia.
Mr. Garcia then presented information about Vietnamese import opportunities, emphasizing Vietnamese goods that can compete in the U.S. marketplace.
Mr. Garcia then highlighted the benefits of the Vietnam-U.S. Bilateral Trade Agreement (BTA), emphasizing that Vietnamese goods are highly competitive in the U.S. market. He also mentioned opportunities that Vietnam's investment law creates for U.S. companies in Vietnam.
Tran Quoc Tuan, Trade Consul, Consulate General of Vietnam in San Francisco then gave a presentation on the importance of U.S./Vietnamese relations in trade and investment. He highlighted some of the key trends that American business people should note about Vietnam and included remarks about American investments in Vietnam.
Ms. Michelle Moquin,
Owner and Apparel Designer of MOQ Designs, San Francisco, shared her successful
experience and achievements in doing business in Vietnam. Presently her
full line of apparel designs are manufactured in Vietnam and her company
is making sales of $500,000 per year in the U.S.
Mr. Phan Son Truong,
Assistant Regional Manager, Vietnam Airlines, San Francisco spoke about
Vietnam Airlines travel service and the increased travel that is taking
place between California and Vietnam -- particularly after December 2001
when a Vietnam Airlines office opened in San Francisco. Mr. Phan highlighted
the contribution that Vietnam Airlines has made to the economic development
of Vietnam. He informed the luncheon participants of Vietnam's efforts
to implement the BTA with the U.S., gain entry into the World Trade Organization
(WTO), and create a more liberal business and investment environment for
foreigners. He highlighted Vietnam's government with its increased stability
for foreign investors.
luncheon was highly spirited as a group of concerned Vietnamese Americans
who live in Monterey, California, picketed outside of the luncheon venue.
This Vietnamese American group have organized a local chapter of the Federation
of Vietnamese Americans, Northern California (FVA/NC) and are joining
the voices of Vietnamese overseas in expressing their concerns of Vietnam's
PM Phan Van Khai and his entourage that recently toured the U.S., Canada
and Japan urging these respective business communities for investment
"Doing business in Vietnam can directly or indirectly help create jobs and a better quality of life for the Vietnamese but, continues Mr. Hoang, investors should be very prudent about who their partners are in Vietnam and avoid pouring money into a corrupted bottom-less tank which inadvertently will help the Vietnamese regime instead of helping the people of Vietnam".
It is MBITA's opinion that trade and investment with Vietnam is a step in the right direction. "The more we can interact with the people of Vietnam with trade, investment and services, the closer the people will be towards a more democratic life. I think China is a good example when you compare where the Chinese people are today with their economic prosperity and integration into the world community as opposed to ten years ago", states Tony Livoti of MBITA.
ECONOMY AND TRADE
industrial imports from U.S.
Tax incentives granted to foreign investors in Vietnam include:
with FDI encouragement and "best prospects" for American
Prospects for American agricultural exporters
3rd Annual Tet
The East Meets West Foundation partners with the people of Vietnam to improve their health, education, and economic conditions. Their programs focus on children and families living in poverty.
Founded in 1988, the East Meets West Foundation is a 501(c)(3) non-profit, non-governmental organization that promotes sustainable development in Vietnam. In 2004 alone, EMW's projects benefited over 186,000 people in Vietnam and continue to have a lasting impact on the country.
Based in central Vietnam, their programs enhance the education and health of children; build and renovate vital institutions like schools, hospitals, medical clinics; and provide clean and safe water systems for home and agricultural use. They also provide scholarships, medical care and safe homes to poor families and children.
Every year the East Meets West Foundation rings in the Vietnamese Lunar New Year with the Tet Banquet. The 3rd Annual Tet Celebration: A Feast of Fortune, will commemorate the Vietnamese Lunar New Year at the Hotel Nikko, San Francisco, February 11, 2006. All proceeds support innovative humanitarian programs that benefit the people of Vietnam.
Attendees include community leaders with an avid interest in international trade, development, world affairs, philanthropy and Asian cultures. Outreach to 2,700+ individuals throughout the United States plus thousands more via website and newsletters. Current supporters include Asian Pacific Islanders, Vietnamese Americans and American Veterans.
Sponsoring the 3nd Annual Tet Celebration is an immediate and effective way to:
For more information and sponsorship opportunities, contact:
Member DeFeo Associates, Inc.
is seeking, $5M-$30M annual revenue, software development and consulting
companies with sales or marketability in the defense sector for possible
acquisition by a client investment group forming a $100M defense and
high tech sector corporation. Contact Bob DeFeo,
organic ingredient company based in Santa Cruz, CA, has a full time
job opportunity for a sales support/logistics person. Contact Grace
Marroquin, Marroquin International,
Submit your trade opportunities leads at firstname.lastname@example.org.
Small Business Technology Institute has just released, together
with Symantec Corporation, its latest market intelligence report: titled
'Small Business Information Security Readiness'. The complimentary report
can be downloaded at: http://www.sbtechnologyinstitute.org/mi/research/security.htm.