VN Tops A.T. Kearney's Year List of Most Attractive Emerging Market Retail Destination

In its 7th annual Global Retail Development Index (GRDI) study, A.T. Kearney, the global management consulting firm, has ranked Vietnam to the top of its 2008 list, bypassing the 3 year recorder holder, India, of the most attractive emerging market destinations for retail investment.

"Vietnam's leap from fourth in the 2007 GRDI to first place in 2008 was driven by strong GDP growth, changes to the country's regulatory structure favoring foreign investors, and increasing consumer demand for modern retail concepts." according to A.T. Kearney.

U.S. House Hearing on Agent Orange/Dioxin

On May 15, the Subcommittee on Asia, the Pacific, and the Global Environment, Committee on Foreign Affairs of US House of Representatives held a hearing on the impacts of Agent Orange/Dioxin on Vietnamese people and environment. dacam5.jpgCongressman Eni F.H. Faleomavaega (D-AS), Chairman of the Subcommittee presided the hearing.

Viet Nam Joined Celebration of Asian Pacific American Heritage Month in Washington DC

On May 10, the Vietnamese Embassy participated in the annual cultural fair, organized by Washington DC Mayor's Office, to celebrate the Asian Pacific American Heritage Month.

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US Confirms No Proof of Dumping in Vietnam’s Apparel Exports

The US Department of Commerce (DOC) announced on May 6 that after a six-month period of examination they have not found enough evidence of apparel import dumping from Vietnam.

“After reviewing the second six months of data from the monitoring programme of apparel imports from Vietnam, there is insufficient evidence to warrant self-initiating and antidumping investigation,” the DOC said in the same day press release.

US To Be Top Investor in Vietnam in Two Years

American groups believe that in the next 2-3 years, the US will be the largest investor in Vietnam, which also happens to be the wish of Vietnamese PM Nguyen Tan Dung.

Twenty-three US groups have finished their three-day visit to Vietnam, during which they had 15 meetings with Vietnamese officials. The visit was held by the US-ASEAN Business Council (USABC) and was the largest US business trip to Vietnam to survey the country’s business environment.

Asian/Pacific American Heritage Month Celebrated at Kennedy Center

On May 5th, Asian/Pacific American Heritage Month will be celebrated at the John F. Kennedy Center for Performing Arts in Washington, D.C. The event will feature the Asian American Music Society Chamber Ensemble and the Washington Erhu Association.
Click here for detail: http://www.kennedy-center.org/programs/millennium/home.cfm

Viet Nam, US Discuss Further Sci-tech Cooperation

Viet Nam and the US have continued discussions about science and technology cooperation in Washington D.C. During DS_Phungtheir sixth Joint Commission Meeting on Scientific and Technological Cooperation (JCM), the two countries have put forward the challenges and priorities for future cooperation.

US Court's Ruling Erroneous and Unjust: VN Foreign Ministry Spokesman

The Feb. 22  verdict by the United States Court of Appeals for the Second Circuit (New York City) to reject the case filed by Vietnamese Agent Orange Victims against US chemical companies which produced Agent Orange/dioxin is erroneous and unjust, Foreign Ministry Spokesman Le Dzung said Saturday.  agent_orange.gif

"It is arousing indignation among the Vietnamese people", Dzung said in a statement.

DCM Minh Joins Families with Children from VN to Celebrate Vietnamese New Year

Deputy Chief of Mission Nguyen Tien Minh, Cultural Attache Nguyen The Cuong and Third Secretary Nguyen Sy Tue joined Families with Children from Vietnam living in Washington DC, Virginia and Maryland in a celebration ceremony for Tet - Amb_Phung___Tet_005.JPGVietnamese Lunar New Year in Arlington Virginia on February 2.

Foreign service contributes to national successes: Deputy PM.

Deputy Prime Minister and Foreign Minister Pham Gia Khiem talked with the Viet Nam News Agency  on the service’s achievements and future orientations. He affirmed that the diplomatic service has made tremendous contributions to the country’s overall successes in 2007.khiem.bmp

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