Entries by Herb Cochran

Key points: July 3 Int’l Conference on “Growth of Service Sector in HCMC [Region] and Development, Planning Orientation for the [Region’s] Service Infrastructure in 2020-2030

—(Summary)—:Party Secretary Nguyen Thien Nhan opened the event. Speakers emphasized (1) the “suburbanization” of manufacturing moving to the east of HCMC, in particular, and (2) the need for close collaboration between HCMC and neighboring provinces for a regional effort to plan and build the needed infrastructure to support HCMC’s planned “service economy.” Planners from the

Sumitomo invests in logistics as production shifts to Vietnam

Jul 8, 2019. Japanese trading company Sumitomo has invested in a major Vietnamese port operator, Gemadept, aiming to seize growing demand for logistics services as manufacturers shift production to Vietnam amid the yearlong U.S.-China trade war. Sumitomo teamed up with compatriot logistics company Suzuyo and a Japanese public-private fund specializing in infrastructure investment to take a 10% interest

USTR Lighthizer testimony to Senate Finance Committee (video)

USTR Robert Lighthizer testified before the Senate Finance Committee on Jun 18, 2019 about the U.S. Mexico Canada Agreement (NAFTA 2), U.S.-China trade talks, and other issues. “The economic trade relationship with China has been unbalanced and grossly unfair to American workers, farmers, ranchers and businesses for decades,” Lighthizer told the committee. “We put tariffs