Socialist Republic of Vietnam

Vietnamese and US officials met Monday to discuss the launch of the Global Trade and Investment Management (GTIM) network in Vietnam, easing local business access to the global economy.
The network, a business promotion instrument that will provide information for global trade and investment, will be first launched in the central Vietnam city of Da Nang.

The US embassy in Hanoi had signed a deal with local software firm Softech Da Nang last year to establish and manage the network, Miguel Pardo de Zela, the embassy’s Commercial Counselor, told Da Nang Vice Mayor Nong Thi Ngoc Minh.

GTIM would create a large and updated database of trade and investment businesses worldwide that could greatly benefit small and medium enterprises, the US diplomat said.

The network comes at an opportune time as Vietnam is in the midst of very important events this year, hosting the Asia-Pacific Economic Cooperation (APEC) summit and imminent admission to the World Trade Organization.

Vice Mayor Minh confirmed the city’s full support for the network, adding the city authorities would work with responsible agencies on carrying out the project.

Source: VietnamNet - Thanh Nien News