US laws introduced in HCM City - US laws introduced in HCM City - Website Ho Chi Minh City
The Vietnam Chamber of Commerce and Industry (VCCI) organized a seminar on US laws in Ho Chi Minh City on July 10 in a bid to help local companies enhance their capacity in doing business in the US.
Director of the VCCI Ho Chi Minh City chapter Vo Tan Thanh stressed that a thorough understanding of US laws is the prerequisite for those who want to reap success in this large market.
Sharing this opinion, head of the Trade Promotion Office in San Francisco Hoang Kim Son advised domestic enterprises to consider getting professional consultation in this field. He also recommended them to utilize the help from Vietnamese trade agencies in finding partners and business opportunities in the US.
Experts agreed that Vietnamese firms are in a good position to boost investment and trade in the US market, which is now the leading trading partner and one of the top ten investors of Vietnam.
The two countries are also participating in negotiations for the Trans-Pacific Partnership deal, which is expected to further boost bilateral trade.
On the occasion, the VCCI announced its plans to arrange a market study tour to the US and Canada and a trip to Japan to attend the 2014 Cosme Tokyo international exhibition, both in October.