About the author  ⁄ AmCham Vietnam

AmCham is an independent association of companies with the objective of promoting trade and investment between Vietnam and the U.S. With two chapters, one in Ho Chi Minh City and one in Hanoi, our membership of 700 companies and 1,500 representatives is unified by a commitment to promote trade and investment between Vietnam and the United States.

TOKYO — In his Nov 13 meeting with Japanese Prime Minister Shinzo Abe, U.S. Vice President Mike Pence showcased their countries’ close ties by announcing a combined $70 billion commitment to infrastructure development, with a primary focus on the Indo-Pacific region.

“My nation now offers $60 billion in development financing, and infrastructure projects in the Indo-Pacific will be a priority,” Pence said at a press conference with Abe after the meeting. “We’re also grateful, Mr. Prime Minister, that Japan has targeted $10 billion in investment by public and private organizations to promising energy infrastructure projects.”

The Trump administration’s enthusiasm for Indo-Pacific development is welcome news for the Japanese leader. It was Japan that conceived of the initiative, hoping to draw the Trump administration’s attention to Asia, and while not openly discussed, with a hope that keeping China busy in the Indian Ocean would divert pressure from the neighboring East China Sea.

Get involved, Learn more, attend the Indo-Pacific Dialogue at the Park Hyatt Hotel in HCMC on Dec 7.

Source:

https://asia.nikkei.com/Politics/International-Relations/Abe-faces-balancing-act-as-US-adds-pressure-on-China

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The U.S. Chamber of Commerce and the US-ASEAN Business Council are pleased to invite you to a briefing on the latest developments relating to Vietnam’s cybersecurity law and other major issues in Vietnam with Danial Bahar, Assistant U.S. Trade Representative for Services and Investment, and Marta Prado, Deputy Assistant United States Trade Representative for Southeast Asia and the Pacific.

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The public should be central in the process of policy communication to ensure the effectiveness of communication and the implementation of policies, heard an international scientific conference in Hanoi yesterday.

The workshop on public policy communication and public reception literacy, organised by the Academy of Journalism and Communications (AJC), the National Assembly Newspaper and the Korea International Cooperation Agency (KOICA), seeks to involve the public in policy making and implementation through effective communication.

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The two sides will cooperate with multiple players in the sector to promote better river basin governance and contribute to water quality improvement and sustainable energy use.

The project will be implemented from 2018 to 2020 with a vision to transform the textile-apparel sector in Vietnam through engaging the industry and influencing environmental governance in order to bring social, economic, and conservation benefits to the country.

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The Comprehensive Agreement for Trans-Pacific Partnership (CPTPP), or TPP-11, is an economic integration treaty signed by 11 countries in March following 10 years of negotiations. After the withdrawal of the US from the original TPP in 2017, the remaining members are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Together, they account for nearly 15 per cent of global trade, and just over 13 per cent of global GDP. The agreement is expected to come into force by the end of this year, 60 days after at least half of the original signatories confirm the completion of national treaty-making procedures.

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After intensive discussions, the plan to organise the Vietnam Reform and Development Forum 2018 has almost been fixed, with the date expected to be December 5, 2018, at Melia Hanoi Hotel.

Co-organised by the World Bank and the Ministry of Planning and Investment (MPI), the event, themed “New vision and new drives in a new development era,”will collect ideas and proposals from domestic and foreign experts, as well as leaders from international organisations and businesses. The proposals will serve as valuable inputs for the government to outline its new development vision and actions in the context of Industry 4.0.

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