The Vietnamese-American Entrepreneurs Association (VAEA) introduced its management board at an inaugural meeting in California Sunday. At the meeting attended by over 300 people, some 60 VAEA members elected 15 entrepreneurs to the board, including Sang Nhi, a San Jose businessman, as its head. The Vietnamese-American Entrepreneurs Association (VAEA) management board … [Read more...] about Vietnamese businesspeople in US inaugurate association
American entrepreneurs association
Entrepreneurs group set up in US
HA NOI - A US-based branch of the Overseas Vietnamese Entrepreneurs' Association has been established to support Vietnamese enterprises seeking investment and business in the US. Association vice chairman David Huy Ho said the branch would strengthen business co-operation between Viet Nam and the US and increase investment in Viet Nam. Ho said the combined incomes of American-Vietnamese entrepreneurs in 2008 reached more than US$20 billion and they invested about $200 million in Viet Nam. Durian shipments head to US DONG NAI — The Donatechno company in the Cuu Long (Mekong) Delta province of Dong Nai has signed a contract to export 300 tonnes of Dona hybrid durian to the US this year. Nguyen Phu Cuong, the company's director, said it was the second year his company had won a contract to export durians to the US. Last year it shipped 20 tonnes of the fruit to the US. The company disbursed more than VND30 billion (US$1.59 million) as start-up investments to farmers in remote areas … [Read more...] about Entrepreneurs group set up in US
Entrepreneur cashes in on coconut trees
"My homeland of Ben Tre has so many coconut trees that people call it the Land of the Coconut. I was determined to develop my business by exploiting by-products from coconut trees," says artisan Pham Van Thanh, also known as Truong Ngan. At the age of 67, Thanh has a warm smile and remains healthy and spry. He has made important contributions to developing the southern province of Ben Tre's handicraft industry by exporting products and creating jobs for local residents. His Truong Ngan Arts and Crafts Workshop in Ward 1 of Ben Tre City is small, but hundreds of arts and crafts made of coconut by-products are on exhibit. "I was a commando during the American War," he recalls. "I fought on the battlefields in Ben Tre and Dong Thap Muoi provinces, and in Cambodia. When the country was reunited, I worked for the Ben Tre Province General Material Company then the Tourism Company. "In 1987 I retired at the age of 42." Thanh was worried about retirement because he still had to support his … [Read more...] about Entrepreneur cashes in on coconut trees
It is time for Vietnamese Americans
In recent years, Vietnam has become a fascinating destination for foreign investors, including overseas Vietnamese from Japan, Taiwan, South Korea and lately a few from the US via Vietnam-America Entrepreneur Association (VAEA). VAEA was formed by Vietnamese nationals doing business in California and some other states in the US with nearly 200 members. The event shows the desire of Vietnamese Americans to return home and contribute to national development. Vietnam's image and status have today developed to a new height. There is a great deal of evidence for this: joining the WTO, receiving the US NPT, successfully holding APEC-14, being nominated by Asian nations and others as a non-permanent member of the UN Security Council in the 2008-09 tenure, and bringing its relationship with the Vatican to a new level. In the economic sphere, many large international groups like Intel, Canon, Honda, Keangnam and Taiwanese and South Korean ones have invested billions of dollars in Vietnam with … [Read more...] about It is time for Vietnamese Americans
Vietnam’s 2013 economy in the eyes of foreign entrepreneurs
VietNamNet Bridge - Last year, prolonged unstable macroeconomic policies made the panorama of the Vietnamese economy quite bleak for foreign businesses. Along with the Vietnamese government's efforts to tighten fiscal and monetary policy to reduce inflation, to restructure the banking system... whether foreign investors have a brighter view of the economic situation in Vietnam in 2013? The opinions of Mr. Herb Cochran, Executive Director of the American Chamber of Commerce (AmCham) in Ho Chi Minh City, Mr. Yasuzumi Hirotaka, Executive Director of the Japan External Trade Organization (JETRO) in HCM City and Mr. Paul John Jewell, Executive Director of the European Chamber of Commerce in Vietnam (EuroCham) will partly answer this question. Prospects for Vietnam's economy in 2013 Last year, the Vietnamese Government made great strides in economic reform but did not made tangible results. According to foreign investors, whether the Vietnamese economy will recover in … [Read more...] about Vietnam’s 2013 economy in the eyes of foreign entrepreneurs