Thread: Vietnam - HCM
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Old 08-03-2006, 01:05 PM
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Re: Vietnam in WTO!

Bro Bro, please read the news. Vietnam not in WTO yet.



Visit by US-ASEAN council pushes WTO
11:23' 08/03/2006 (GMT+7)

VietNamNet – A high-ranking delegation of the US-ASEAN Enterprise Council starts a four-day visit to Vietnam on March 8, hoped to move Vietnam- US WTO talks forward. The delegation will be led by Matthew P Daley, Chairman of the US-ASEAN Enterprise Council. According to Virginia Foote, Deputy Chairman of the council, Chairman of the US-Vietnam Trade Council, this is the largest delegation of American business representatives visiting Vietnam this year.

The delegation gathers more than 40 executive mangers from 21 large groups in the US, including ACE, AIG, Alticor, Anheuser-Bush, Boeing, Cargill, Citigroup, Diageo, FedEx, Ford, GE, GlaxoSmithKline, JHPIEGO, J.Ray McDermott, JP Morgan Chase, Oracle Corporation, Phillip Morris, Time Warner, Unisys, UPS and United Technologies. According to the US-Vietnam Trade Council, the visit aims to show US groups’ interest in Vietnam and their support for Vietnam’s WTO bid.The delegation will met with officials of the HCM City People’s Committee on March 8 and will meet in Hanoi March 9 -11 with Prime Minister Phan Van Khai, Deputy Prime Minister Vu Khoan, and leaders of the Ministries of Foreign Affairs, Planning and Investment, Industry, Finance and Trade. Before this visit, Mr Daley said: “I believe that the visit of the delegation of large groups this time proves that Vietnam can provide many opportunities for American businesses. Vietnam’s accession to the WTO is greatly meaningful and our companies are expecting it.”

“We are expected to support the vote at the US Congress for the permanent, normal trade relations (PNTR) for Vietnam after the two countries sign the package bilateral trade agreement,” said US negotiator Virginia Foote.

The visits is partly hoped to create more pressure for the US and Vietnam to conclude WTO negotiations.

(Source: Tien Phong)