By Reuters  April 28, 2019 | 10:58 am GMT+7 U.S. President Donald Trump meets with Japan's Prime Minister Shinzo Abe in the Oval Office at the White House in Washington, U.S., April 26, 2019. Reuters/Kevin Lamarque U.S. President Donald Trump pressed Japanese Prime Minister Shinzo Abe to have Japanese automakers produce more vehicles in the U.S, according to a readout of their recent meeting provided by the U.S. ambassador to Japan on Saturday. The two discussed recent public announcements by Japanese car makers, including Toyota Motor Corp’s decision to invest more in U.S. plants. "We talked about the need to see more movement in that direction but I think the president feels very positive that we will see such movement because all the economics support that," said Ambassador William Hagerty. Trump told a campaign rally in Green Bay, Wisconsin, on Saturday that Abe said Japan would invest $40 billion in U.S. car factories, though Trump did not give … [Read more...] about Trump pressed Japan’s Abe to build more vehicles in the U.S
Comfortably numb why the u s economy shrugs off politics
As recorded at the corner of a large supermarket in California, the U.S., many indigenous people looked satisfied when trying the products of a Vietnamese coffee brand. “One of the reasons why I like Vietnamese coffee is that it contains just enough sugar, cream and coffee. A perfect mix,” said Rimon Naji, a customer who tried Vietnamese coffee. Vietnamese coffee products on the shelves were of different types, from the “Western style” such as soluble Expresso to the “3 in 1” coffee that Asian people prefer or filter coffee for people of Vietnamese descent. The vast U.S. market with various ethnics and groups of customers is both opportunities and challenges for Vietnamese coffee. Le Hoang Diep Thao, Founder and General Manager of King Coffee, said: “In the U.S. market, we must strive to understand the local people to introduce the most suitable products to them”. Diverse products and reasonable prices … [Read more...] about Vietnamese coffee penetrates into the U.S. market
The report for the 2017-2018 academic year (AY) shows that Vietnam remains the sixth leading country of origin for all international students in the United States, with 24,325 students, up 1,887 students since last AY 2016-17, an 8.4 percent increase. The data shows that 1,094,792 international students have come to the United States in the 2017-2018 AY, a 1.5 percent increase over last year. International students now make up 5.5 percent of all higher education students in the United States, up slightly from 5.3 percent last year. Of the 24,325 Vietnamese students in the United States, 69.6 percent were undergraduates, 15.2 percent were graduate level students, 8.6 percent enrolled in Optional Practical Training (OPT), and the remaining 6.6 percent were pursuing non-degree programs. The data also revealed that Vietnam is becoming a more popular destination for American students. In AY2016-17, Vietnam welcomed 1,147 students from the United States, an increase of 13.3 percent. … [Read more...] about Vietnamese students contribute $881,000,000 to U.S. economy
The move aims to affirm the bank’s prestige and position in the international community, while paving the way for the bank to gain a place among the world’s top 300 banking and financial groups. Vietcombank’s representative office in New York will perform the functions of connecting with existing and potential customers in the U.S. market; carrying out analysis reports on the market and finance-banking sector; supporting the maintenance of relations with U.S. financial institutions; and attending business conferences and seminars to establish relationships. The event marks a significant strategic step for Vietcombank, and it will be the first time a Vietnamese commercial bank has ever been licensed to set up a representative office in the US, one of the world’s leading countries regarding its transparent and complete legal framework, and close management and supervision mechanism. The event highlights the position, brand and influence of the Vietnamese … [Read more...] about Vietcombank receives permit to open representative office in the U.S.
The first “Invest in the U.S.” seminar, co-organized by the U.S. Consulate General and AmCham HCM City, described the benefits of investing in the U.S., home to the largest amount of FDI in the world. Experts from Baker & McKenzie law firm provided Vietnamese investors with an introduction on the legal and foreign exchange requirements for outbound investment and gave presentations on best practices for establishing operations in the U.S. More than 30 Vietnamese investors participate in the seminar. Photo courtesy of the U.S. Consulate General One of the benefits of investing in the U.S. is the variety of opportunities that exist across the country’s 52 states and territories. Representatives from the U.S. states of Idaho, Iowa, and Pennsylvania spoke about investment opportunities in their states. Fred Burke, senior partner from Baker & McKenzie, highlighted how Vietnam’s GDP growth was fueling greater interest in investing in the U.S. … [Read more...] about ‘Invest in the U.S.’ seminar held in Vietnam