The first “Invest in the U.S.” seminar, co-organized by the U.S. Consulate General and AmCham HCM City, described the benefits of investing in the U.S., home to the largest amount of FDI in the world. Experts from Baker & McKenzie law firm provided Vietnamese investors with an introduction on the legal and foreign exchange requirements for outbound investment and gave presentations on best practices for establishing operations in the U.S. More than 30 Vietnamese investors participate in the seminar. Photo courtesy of the U.S. Consulate General One of the benefits of investing in the U.S. is the variety of opportunities that exist across the country’s 52 states and territories. Representatives from the U.S. states of Idaho, Iowa, and Pennsylvania spoke about investment opportunities in their states. Fred Burke, senior partner from Baker & McKenzie, highlighted how Vietnam’s GDP growth was fueling greater interest in investing in the U.S. … [Read more...] about ‘Invest in the U.S.’ seminar held in Vietnam
Largest city in the u s
Food exporters must have contact in U.S.Tran Thu By Tran Thu - The Saigon Times Daily Representatives of enterprises discuss investment opportunities in Houston City at the seminar - Photo: Thu Nguyet HCMC - Besides the required registration with the U.S. Food and Drug Administration (FDA) again, local foodstuff exporters targeting the U.S. market are also required to maintain contact stateside on a 24/7 basis to be allowed to export products to the foreign nation from early next year, an official said. Do Tuan Phong, director of the Vietnam Trade Office branch in Houston, told the Daily the aforesaid information on the sidelines of a seminar on business and investment chances in Houston held in HCMC last Thursday. The new regulation will take effect from January 1, 2013. The Food Safety Modernization Act (FSMA) of the U.S. requests Vietnamese companies exporting foodstuff to the foreign nation to re-register with FDA. Besides, local foodstuff … [Read more...] about Food exporters must have contact in U.S.
A man armed with an assault rifle and pledging loyalty to Islamic State militants killed 50 people during a gay pride celebration at a nightclub in Orlando, Florida, early on Sunday in the deadliest mass shooting in U.S. history, a rampage President Barack Obama denounced as an act of terror and hate. Police forensic investigators work at the crime scene of a mass shooting at the Pulse gay night club in Orlando, Florida, U.S. June 12, 2016. Police killed the gunman, who was identified as Omar Mateen, 29, a New York-born Florida resident and U.S. citizen who was the son of immigrants from Afghanistan and had twice been questioned by FBI agents in recent years, authorities said. Mateen's former wife described him as emotionally and mentally disturbed with a violent temper, yet who aspired to be a police officer. He also worked as an armed guard for … [Read more...] about Gunman massacres 50 at Florida gay club in worst U.S. mass shooting
Investors were hoping 2016 would be a fresh start after the U.S. stock market sputtered to wrap up 2015. Instead, what they got was rotten. Major averages kicked off the year with their worst week in more than four years as investors fled the market, and fear is on the rise that a full-blown bear market may be lurking. While that may be overstated, markets do face an unsightly assortment of obstacles. Here are some of the biggest worries on investors' minds, and some factors that may mitigate the downside risk: CHINA: The volatility surrounding the world's second-largest economy is a primary concern of investors. Attempts by officials there to tamp the selling in equities and the steady devaluation of the yuan have fed worries about capital flight. Moreover, a weakening in the currency could hurt demand for imports, particularly those sold in dollars like oil. U.S. exposure to China in terms of gross domestic product is minimal - only about 0.7 percent of overall GDP, according to … [Read more...] about Five things the U.S. stock market is worried about after last week’s rout
Residents of Flint, Michigan, one of the poorest cities in the United States, paid some of the nation's highest water bills even as the city failed to treat drinking water properly, leading to lead contamination, according to a report released on Tuesday. The annual water bill in Flint as of January 2015 was $864.32 for a household using 60,000 gallons a year, said Washington-based advocacy group Food & Water Watch. The rate remained high compared with many other cities even after a judge ordered Flint to reduce its rates by 35 percent and to stop charging a service fee. The study - which looked at the 500 largest community water systems in 48 states - showed that private, for-profit water systems generally charged more than the public water systems that prevail around the country. Flint's water system is public. In a cost-cutting measure, Flint switched its water system from Detroit to a local river in 2014. The more corrosive water from the river leached lead from water system … [Read more...] about Contaminated Flint water among most expensive in the U.S.: report