FITA
 
 
  Wednesday, May 27, 2009 Issue 214 Volume 9 Number 11  
This issue sponsored by the Best Customs Broker Course TELL A FRIEND
IN THIS ISSUE:
• VIETNAM
Our Featured Country
• JOCSAILINGS
Search Engines for Ocean Container Routes and Schedules
• UNITED NATIONS DEVELOPMENT BUSINESS
A resource for export opportunities worldwide
• WILSONWEB
A Resource for Web Marketing

Hello International Traders!

In Vietnam, the Communist Party continues to drive the economy, but the political situation is stable and the economic potential is increasing. Explore them with these useful links. Need to find easily ocean container routes and schedules, use JOCSailings’ search engine. Every day private companies win contracts from international organization. Why not yours? Get informed through the United Nations Development Business’ databases. Want to use internet as a marketing tool but need some help? Visit Wilsonweb’s website and get expert advice.

And don't forget -- if you'd like more information about international trade, go to FITA's Really Useful Links, which has a link library of more than 8,000 sites related to international trade.

VIETNAM
Our Featured Country

Since Vietnam became a WTO member in 2007 trade opportunities have increased considerably. Foreign investment and both imports and exports have increased exponentially

Because the government still owns most property, investment opportunities in utilities remain limited. But foreign capital has invested in the banking sector and various industries due to the low-cost and highly-skilled labor force. And rules for the establishment of foreign firms in the country now conform to international standards.

The US imports mainly textiles (apparel, accessories and footwear), furniture, mineral fuels, food products (fish, coffee, seafood products) and machinery (electrical equipment, mechanical appliances). The US exports mostly machines, electrical equipment and raw materials (plastic, cotton, wood, leather, etc.) for value-add production. Poverty has decreased over last two decades, allowing for the sale of consumer goods to the country. Viet Nam is a market of more than 86 million inhabitants.

There are several excellent websites that offer resources for business with Vietnam. The Vietnam Customs Office website offers full information about both import and export regulations as well as the latest news related to imports and exports. The Foreign Investment Agency of the Ministry of Planning and Investment offers information and legal advice about foreign direct investment in Vietnam. And the Vietnam Economic Portal, run by the Central Institute for Economic Management (CIEM), offers news and research about Vietnam's economic development.

US-based resources include US Vietnam Trade Council, the Vietnam Trade office in the USA and the US-Vietnam Chamber of Commerce and the US-Asean Business Council are FITA member associations. Check out their websites for information about doing business in Vietnam.

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JOCSAILINGS
Search Engines for Ocean Container Routes and Schedules

Need to know which ships are sailing this month from Rotterdam to Hong Kong? Do you need information about a specific container ship? Consult JOCSailings, a new website from the Journal of Commerce. It offers worldwide shipping schedules, vessel background information, such as date of construction and country of registration, and other quick reference for shipping. Another similar website is Linescape, an independent search engine for finding container shipping schedules from vessel-operating ocean container carriers, short-sea operators and feeder lines.

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UNITED NATIONS DEVELOPMENT BUSINESS
A resource for export opportunities worldwide

While trying to find new business opportunities, have you considered looking at international organizations’ projects? For example, the United Nations has many projects in cooperation with development banks, governments and other organizations. They generate many excellent business opportunities. Visit the UN's Development Business to get informed. The Business Directory online can be useful for locating partners. And the publications will help you to better understand how to obtain contracts. FITA member NEXCO, in cooperation with Development Business, will be offering a seminar on international procurement opportunities in New York City on June 24, 2009. Take a look!

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WILSONWEB
A Resource for Web Marketing

Need to improve your eCommerce sales on your online store? Need advice about selecting a great domain name for your company? Does your business need a Facebook presence? Do you want to understand how to use RSS feeds to promote your website? Web marketing is an essential tool for doing business. But how do you keep your head above water when sinking into computerese? Search engine optimization, tracking and metrics, titles and meta description, web 2.0… What jargon! Don’t drown! Get advice from internet marketing experts on Dr. Wilson’s website.

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