“UPDATE 1: Bloomberg has received confirmation from Apple that there would be no data centre in Vietnam. We will provide further updates once we have received further information.”
Vietnam plays an important role in the apparel and footwear sector, and it is the second-largest country of production for FLA Participating Companies. In 2011, 355 suppliers employing more than 800,000 workers manufactured products for FLA Participating Companies in Vietnam. On April 11, 2012, FLA and the Vietnam Chamber of Commerce and Industry (VCCI) launched an initiative funded by the U.S. Department of State to provide technical assistance and guidance to improve working conditions and social compliance programs at 50 apparel and footwear factories in Vietnam.
NA Secretary General Nguyen Hanh Phuc said that the 11th, and final, meeting of the 13th session is scheduled to take place from March 21 to April 9.
Seven draft laws are expected to be approved during the event, including the Law on Information Access; the revised Law on Signing, Joining and Implementing International Treaties; the revised Press Law; the Law on Child Protection, Care and Education (revised); the Pharmacy Law (revised); the draft Law on Amendments and Supplements to articles of Law on Value Added Tax, Law on Special Consumption Tax, Law on Tax Management; and the revised Law on Import and Export Tariffs.Read More →
as the Silicon Valley venture capital firm founded by Dave McClure backs more of Vietnam’s tech startups. E-commerce, language-learning and price comparison startups will be among the first companies to get seed funding and the firm plans to invest in as many as 150 companies, providing checks of as much as $250,000. …Read More →
Rep. Sander Levin said the TPP deal is not right for America. The leading House Democrat on trade policy said he opposes the TPP, underscoring the hostile political environment. He said he doesn’t support the TPP in its current form because it contains insufficient provisions to protect labor, lacks binding rules to prevent currency manipulation, and could ease the movement of the auto industry from his home state of Michigan to Mexico.
“To not get it right is to get it wrong, and this TPP, as negotiated, is not right for America,” Mr. Levin said. “My position has never been no TPP, my position has been we have to address these very major issues that I outlined a year ago,” Levin said. …Read More →
“After five years of negotiation, signing the TPP is an important milestone in our efforts to set high-standard rules of the road in the Asia Pacific region and more generally, and to deliver an agreement that will benefit American workers, farmers and businesses,” said USTR Michael Froman. The TPP Ministers’ Statement said “”The signing … is the beginning of the next phase for TPP. … our respective domestic processes.” …Read More →
In Vietnam, private sector stakeholders remain relatively untapped as a source of insight into transport and logistics policy making and planning. But increased public-private engagement can greatly enhance Vietnam’s logistics competitiveness. A World Bank report suggests establishing legally backed platforms for public-private and public-public collaboration, furnishing such partnerships with sufficient resources to carry out their mandate, ensuring comprehensive representation of stakeholders across the supply chain, and observing common-sense “business meeting” norms regarding timeliness and the prompt issuance of minutes with clearly assigned responsibilities and well-defined next steps.