Server power cords and plugs suppliers to shift production out of China

TAIPEI — U.S. technology companies, concerned that server power cords and plugs could be used by China to access sensitive data, have asked Taiwanese suppliers to shift production of these components out of the mainland.

Lite-On Technology, whose customers include Dell EMC, HP and IBM, is building a new factory in Taiwan to manufacture power components for servers at the request of American clients that cited cyberespionage risks from Beijing, according to one executive.

Quanta Computer, which supplies servers and data centers to U.S. tech companies including Google and Facebook, has shifted production to Taiwan and elsewhere, citing security as one of the reasons, an executive told the Nikkei Asian Review.

Source:

https://asia.nikkei.com/Business/Companies/Spy-fears-spread-to-power-cords-driving-shift-from-China

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RE: The tariff classification of a power cord from China 8544.51.900

https://www.customsmobile.com/rulings/docview?doc_id=NY+R04095

This item is not on any of the three lists of special tariffs for $250 billion of products imported to the U.S. from China.

Long Hau Industrial Park commits to supporting investors

The Long Hau Industrial Park Management Board pledged to continue improving the park in order to ensure its tenants will have a stable environment for operations.

Long Hau JSC, the park developer, made the commitment at a May 26 meeting between the company, the People’s Committee of Long An province, as well as many government agencies, together more than 70 companies in the Long Hau Industrial Park, the American Chamber of Commerce in Vietnam (AmCham) and Japanese Business Association of Ho Chi Minh City (JBAH).

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Vietnam Business Opportunities, Apr 10 in San Francisco

Join experts and business representatives from Vietnam to learn more about trade and investment opportunities in one of ASEAN’s leading economies. Read more

Morning Briefing: OPIC Executive VP – Support for U.S. businesses and development in Vietnam, Mon, Oct 28

Mimi Alemayehou, EVP, OPICOverseas Private Investment Corp. Executive VP Mimi Alemayehou is looking for opportunities to support U.S. business and projects in Vietnam with both loans and loan guarantees of up to $ 250 million/project, and Political Risk Insurance of up to $ 250 million for “non-commercial risks.” Register Online Read more

Vietnam’s textile and apparel machinery fair, Oct 24

Vietnam Textile & Garment 2013The 13th  International Textile and Garment Machinery Fair from October 24 to 27, 2013 at the Tan Binh Exhibition and Convention Centre (TBECC) will provide textile enterprises in Vietnam information regarding modern machinery and equipment, as well as find raw material suppliers. The exhibition will have nearly 200 companies participating from 12 countries, such as China, Germany, Hong Kong, India, Japan, Korea, Pakistan, Singapore, Taiwan, Italy, the US and Vietnam. With the Transpacific Partnership (TPP) free trade agreement expected to be concluded this year, there ia a lot of interest in developing supporting industries for Vietnam’s apparel industry, to benefit from duty-free exports to the U.S. and other TPP member countries. Read more

Vietnam-Singapore Industrial Park (VSIP) No. 5 launched in Quang Ngai

Singapore PM and Vietnam PM launch VSIP 5Vietnam-Singapore Integrated Township and Industrial Park Group (VSIP Group) commenced work on the Vietnam-Singapore Industrial Park in Quang Ngai Province, the fifth such park in Vietnam.

Prime Minister Nguyen Tan Dung and Singapore’s Prime Minister Lee Hsien Loong attended the ground-breaking ceremony in the central province.

The project will cover a 600-hectare industrial land in Son Tinh District and a 520-hectare site zoned for commercial and residential purposes near downtown Quang Ngai City.

VSIP Group is a joint venture between BECAMEX (Binh Duong) and Sembcorp (Singapore). In addition to VSIP No. 5, Sembcorp also announced plans to build a 1,200-megawatt coal-fired plant and a clean water project in the province.

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DPEP Dau Giay – Phan Thiet Expressway Project (HCM City – Phan Thiet)

dpep-sitemap

Proposed to be developed on a new alignment as a 4-lane expressway of length 98.7 km, the DPEP is the first PPP project being undertaken in the toll road sector in Vietnam.

The DPEP is proposed to be developed through the DBFOT model. The concession period proposed for the project is 30 years.

The MOT intends to award the concession for the development of the DPEP to a group of entities. The MOT has identified M/s Binh Minh Import-Export Production and Trade Company Ltd. (BITEXCO) as the first investor in the DPEP.

The MOT now intends to select the second investor for the project through an international competitive bidding process. The investors shall incorporate a project enterprise in Vietnam for the implementation of the project.

The estimated capital investment in the DPEP is $757 million. Read more

Vietnam Business Opportunities, Philadelphia, Oct 2, 2013

Vietnam Business Opportunities, Philadelphia, Oct 2, 2013

Complimentary seminar with Networking Breakfast at the PNC Bank Building. Learn about opportunities in Vietnam in general and Binh Duong Province and the Southern Key Economic Region in particular. Click here to Register Online now.

 

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TPP: Opportunities & Challenges – How Vietnam firms can become “qualified suppliers” to U.S. buyers

Register Online TPP Countries Da Nang Riverside Hotel, Fr, Sep 27. AmCham members join together with Vietnamese entrepreneurs from the Leading Business Club in a networking and information-sharing seminar on the Trans-Pacific Partnership: Opportunities and Challenges, including a discussion on “How Vietnam Companies Can Become Suppliers to U.S. Buyers.” AmCham experts will provide detailed, specific requirements for Vietnamese companies to join supply chains of U.S. buyers, and take full advantage of the opportunities that will be offered in the Trans-Pacific Partnership FTA.  Using examples such as Wal-Mart, AmCham will share details about the practical aspects of doing business with U.S. companies. Read more

U.S. support for Vietnam at SEMI® Vietnam Semiconductor Strategy Summit

MOU between HSIA and SEMIThe HCMC Semiconductor Industry Association (HSIA) signed a memorandum of understanding (MoU) on cooperation with Semiconductor Equipment & Materials International (SEMI) on Wednesday to facilitate development of the city’s semiconductor industry. The cooperation will help HSIA members to expand their international networks, since SEMI has nearly 1,800 members who are multinational enterprises and groups in the electronic and semiconductor chip sectors. SEMI will supply Vietnamese enterprises with booths at the annual international fair SEMICONS Singapore, help local firms in manpower training and providing training courses for universities and training centers. Read more