Vietnam has many business opportunities in the American market. Ho Chi Minh City's Investment and Trading Promotion Centre (ITPC) director Tu Minh Thien said Vietnam-US trade turnover hit $18.2 billion in 2010, 11 times higher than 2001. Vietnam exported to the US with turnover of $14.784 billion in 2010, up 20 per cent year-on-year, meanwhile import turnover hit $3.539 billion, up 7 per cent year-on-year. Vietnam's textile and garment exports to the US enjoyed the highest export turnover in 2010, hit $5.76 billion and up 15.2 per cent year-on-year, following by wood, footwear, electrical equipment hit $1.82 billion, $1.62 billion and $778.6 million respectively. "To take advantage of opportunities for cooperation with the US, Vietnam firms need capture investment trends and changing trends in lifestyle and consumption of America as well as the support of Vietnamese community in the US," said Thien. Thien said in order to step up exports to America, ITPC would consider to … [Read more...] about Looking to enjoy the American dream
Hedrick smith who stole the american dream
Finding fast routes into the US market remains a vexed question. In 2011, the US spent more than $2,300 billion on importing commodities, almost double Germany's total import value and triple that of Japan. … [Read more...] about Trying to live the American dream
Applicants line up outside the US consulate in Ho Chi Minh City on May 28. Photo by Tuan Anh If one were to take a tour around the premises of consulates in Ho Chi Minh City, one would easily notice that the United States Consulate always attracts the largest number of applicants, waiting from dawn in the longest queue of them all, just for an interview. Understandably, the recent reports on US visa scam (http://www.thanhniennews.comhttp://www.thanhniennews.com/index/pages/20130606-catching-up-with-the-vos.aspx) and (http://www.thanhniennews.comhttp://www.thanhniennews.com/index/pages/20130531-the-big-visa-scam.aspx), in which the former Head of Non-Immigrant Visa Department, Michael T. Sestak, secretly sold each visa for tens of thousand dollars, have sparked public outrage. But the fact remains that he would not be a successful visa salesman if there weren't many Vietnamese people willing to buy them at any cost. This raises a disturbing question: why are we Vietnamese so eager … [Read more...] about An American Dream or a Vietnamese mirage?
Aaron Joel Santos has lived in Hanoi for five years now. If five-and-a-half years ago someone had told him he would have ended up living in Vietnam, the American documentary and travel photographer says he would have laughed. He had been living out of his car for a few months, travelling across his country. He could not even have pointed out Vietnam on a map then. Yet, on a whim, he left for that very country. "I moved to Vietnam directly after attending photography school in Boston. "I thought I would live here for a few months, take some travel photos, and return to the US to start a photography career." But when has life followed the script? Santos ended up living and pursuing a photography career in Vietnam. "As we all know, literature majors end up waiting tables," he says tongue-in-cheek, referring to the US job market and his earlier literature and writing degree. Wait tables is what he did after graduation. He was also going to photography school … [Read more...] about Living the American Dream in Vietnam
Mitt Romney and newly minted running mate Paul Ryan will try to energize supporters in North Carolina Sunday after they hit the road on a bus tour across must-win US states, selling themselves as the duo who can "save the American dream." Fresh from a surprise early morning rollout of Romney's vice presidential pick in Norfolk, Virginia, the Republican pair struck out across the state pushing a policy of fiscal responsibility and savaging President Barack Obama as a job-killer bent on changing the country for the worse. … [Read more...] about Romney and Ryan head out to ‘save American dream’