Read previous issues online
REALLY USEFUL RESOURCES
for international trade professionals
www.fita.org 
  Thursday, May 10, 2012         Issue 286         Volume 12 Number 9 Sponsor this Newsletter
 Sponsor:  Amber Road                           Datamyne
Follow Us on    
Dear International Traders,

This week in Really Useful Resources you will learn about:


• Vietnam: a gateway into South-East Asia
Learn how USAID can help you
Safely invest using The Trade Compliance Center

FITA's partner website, GlobalTrade.net now boasts a Directory of over 50,000 lawyers, freight forwarders, translators, quality control, etc worldwide.
Search the Directory to find qualified import export service providers to help you with your international operations.

See our personally selected list of profiles for this edition
 
Find Service Providers
Provided by:
Globaltrade.net the Network for International Trade Services
Upcoming Events
Logo U.S. Commercial Service Events and Webinars
The Job Bank
Provided by:
Job Bank

 OUR FEATURED COUNTRY
Vietnam
A gateway to East Asia

The recent visit to Hanoi by former U.S. Trade Representative, Susan Schwab, was an opportunity to discuss with the National Assembly Deputy Chairwoman of Vietnam, Nguyen Thi Kim Ngan, bilateral trade relations between the U.S. and Vietnam.

Business in Vietnam
Saïgon, Vietnam

During this visit, the Vietnamese authorities stressed their commitment to deepen relations between the two countries, particularly in the areas of investment and trade. Vietnam wished to reassure their American interlocutor by reminding them of the progress made towards liberalization of the Vietnamese economy, manifested in the ongoing process of negotiation within the Trans-Pacific Partnership.

The United States is the largest customer of Vietnam: they host 20% of total Vietnamese exports. They are the sixth supplier, with 4% of imports. Over the year in 2011, the U.S. exported $4.340 million (USD) of products towards Vietnam and imported $17.485 million of Vietnamese products. In 10 years (2001-2011), U.S. exports to Vietnam have multiplied by 10. As for imports, they multiplied 17 times. Vietnam's economy is one of the fastest growing in Southeast Asia, with a growth rate of nearly 6% in 2011. Vietnam and the United States signed in 2001, a bilateral trade agreement.

Business opportunities are not lacking in Vietnam. The government launched in late 2011, three main national projects to ensure sustained growth in times of international uncertainty. These involved: infrastructure development, youth training and institutional modernization. To achieve these objectives the country plans to reform public enterprises, private sector development and most importantly, modernize its banking system. Vietnam is emerging as an important market for U.S. agricultural products, particularly in the areas of fisheries and forestry.

For more on the commercial relationship between the U.S. and Vietnam:
Trade with Vietnam on the U.S. Census Bureau's Website
The U.S. Commercial Service in Vietnam
The US-Vietnam Trade Council
The US-ASEAN Business Council in Vietnam

To help you do business with Vietnam:
The US Embassy in Hanoi
The American Chamber of Commerce in Vietnam
The Vietnam Business Forum
The American Chamber of Commerce in Vietnam

For more information on other countries worldwide:
Country profiles from FITA
Market Analyses, business tips and more on GlobalTrade.net

Sponsor
Amber Road

Get Answers to Your Tough Trade Questions for FREE with TradeWizards.com

Companies of all sizes are turning to globalization strategies to grow revenues and lower costs. Adhering to the country-specific regulations that govern global trade, however, can be tricky.

Amber Road's TradeWizards.com is a FREE cloud-based portal for global trade. With access to trade regulations for 125 countries, the tool enables users to quickly answer complex global trade questions that would otherwise take hours to research manually.

With TradeWizards.com users can:

• Screen for restricted parties
• Classify products
• Calculate landed costs

To learn more or to register for your account, please visit www.TradeWizards.com today!


return to top


 REALLY USEFUL SITES
USAID
www.usaid.gov

Works in over 100 countries, USAID aims to: promote broadly shared economic prosperity; strengthen democracy and good governance; improve global health, food security, environmental sustainability and education; help societies prevent and recover from conflicts; and provide humanitarian assistance in the wake of natural and man-made disasters. Check it out to see how it can help your international trade.


Share on 


The Trade Compliance Center
tcc.export.gov

The TCC, part of the U.S. Department of Commerce's International Trade Administration, is the U.S. Government's focal point for monitoring foreign compliance with trade agreements to see that U.S. firms and workers get the maximum benefits from these agreements. Be sure to use this website for all your imports/exports and foreign investments- the U.S. Government go to a lot of trouble to ensure U.S. firms get the most out of their trade deals. Understanding trade compliance is the first step in your overseas operations.


Share on 
Sponsor
Datamyne

Coffee Perks up Fair Trade Stats

Datamyne’s US import data indicates that 2012 is on its way to breaking records for fair trade coffee, with first-quarter volume up 55% compared to 2011.

That’s good news for fair trade groups that ask buyers to pay a premium for certified products with the promise that the extra money goes to workers at the bottom of the supply chain. According to Fair Trade USA, community development premiums generated by fair trade coffee imports totaled $17 million in 2011 – that’s 61% more than in 2010 and 78% of all fair trade premiums paid by US companies last year.

The bill of lading data holds evidence that this growth trend is sustainable. Of the top five US importers (see who they are) of fair trade coffee, two are on a mission to promote fair trade. The other three are long established coffee traders with a commercial interest in seeing the “fair trade” brand gain ground in the market for specialty brews.

What can Datamyne show you about trade in your product? Find out with a FREE REPORT on the product or company of your choice based on the latest 2 weeks of US import data. To order, Click Here.


return to top


FIND QUALIFIED SERVICE PROVIDERS


Provided by:
GlobalTrade.net
Are you searching for qualified, experienced service providers and trading companies to help you with your overseas operations? Here we list a few of the 46,000+ listed profiles from the Directory of Import Export Service Providers on GlobalTrade.net.

THE EXPORT SPECIALISTS COMPANY an expert in Food/Agricultural Sales and Distribution in the United States
Intl Trade Instrument Ltd an expert in Customs Support in the U.K.
FreightCenter.com an expert in Third Party Logistics in the United States

Share on 
Partner
GlobalTrade.net

GlobalTrade.net is the premier network for import export services. We invite you to join our Facebook fanpage and share with our community your personal experiences working with import export service providers.
Write on our wall about working with trading companies, lawyers, freight forwarders, translators, quality control, etc.
Did they help your international trade operations? Do you have any advice to pass onto fellow importers and exporters?

Follow Us on
return to top


EVENTS AND WEBINARS


Assisted by:
The U.S. Commercial Service

Stay up to date and informed with U.S. Commercial Service seminars and webinars!

SOME UPCOMING SEMINARS


Russia's WTO Accession, What it Could Mean for Your Business

On June 14th the U.S. Commercial Service will offer a webinar on Russia's Upcoming WTO Accession and Permanent Normal Trade Relations highlighting the implications and opportunities for U.S. Business. This webinar will feature experts on Russia's market and trade policy from the U.S. Embassy in Moscow as well as from the U.S. Commerce Department's Market Access & Compliance unit in Washington, D.C. Topics will include, current market conditions in Russia, Russia's WTO accession, what specific benefits it would bring for US companies, and the status of efforts to establish Permanent, Normal Trade Relations so that U.S. companies can compete on a level playing field in Russia once it becomes a WTO Member. This webinar will take place on June 14 from 11:00 a.m. to 12:00 p.m. EST. The cost to participate in this webinar is $15, payable by credit card.
To register please click visit. For more information please contact the US Commercial Service in Baltimore at 410-962-4539 or email Paul Matino.


Select USA Seminar Series-Mexico City – Mexico City, Mexico - 06/06/2012
Select USA Seminar Series-Guadalajara – Guadalajara, Mexico - 06/07/2012
Select USA Seminar Series-Monterrey – Monterrey, Mexico - 06/08/2012

SOME UPCOMING WEBINARS

A Basis Guide to Exporting: Completing Cert of Origin, FTA and eCertification – Washington, DC, United States - 05/30/2012
Developing a Corporate Export Management and Compliance Program (EMCP) – Middletown, CT, United States- 05/31/2012

SOME UPCOMING EVENTS

Get ready for the next Tradeshows!

ONS 2012 - Oil and gas show in Europe - Stavanger, Norway- 8/28 - 31/2012
SMM 2012 - Leading international trade fair for the ship building sector - Hamburg, Germany - 9/04 - 07/2012
SEMICON Taiwan 2012 - Premier event in Taiwan for microelectronics manufacturing - Taipei, Taiwan - 9/05 - 07/2012

 
Share on 
Partner
US Commercial Services

FITA is proud to be a corporate partner of the U.S. Department of Commerce.

Find all U.S. Commercial Service Events and Webinars

return to top


JOB BANK


Provided by:
Fita Career Headquarters
FEATURED JOB THIS WEEK

International Trade Compliance Specialist for Garmin International in Kansas City, MO
Click here to browse more than 700 other positions!

Share on 
   
Partner
Fita Online

FITA Career HQ is a Job Bank for International Trade Professionals.

Apply for jobs online and post your resume
Employers - Click here to advertise your job openings on FITA's Career HQ.
return to top
Read previous issues online
Visit FITA's Really Useful Links
Submit your website for International Trade
Advertise on the FITA Newsletter
Send this Newsletter to a friend

 

If you do not wish to receive ongoing communications via e-mail from FITA, please click on "Manage your subscription" below.
Please note that our newsletter comes from the e-mail address newsletter@fita.org. If your organization uses spam filters, or if you use a junk e-mail filter, please set it to receive e-mails from newsletter@fita.org or the domain fita.org.

Published by FITA Online, 172 Fifth Ave., #118, Brooklyn, NY 11217 USA.
Copyright © 2012 GlobalTrade SAS. All rights reserved.

www.fita.org