US trade counselors chalked out their investment plans for the Asean region during the first half of a four-day conference in Da Nang this week. The conference, which opened yesterday and closes Saturday, hosted the US’s top Asean experts, officials from the US Department of Commerce, State Department representatives, US trade agency delegates and envoys from the US Embassy and general Consulate in Vietnam.
The US bodies also plan to discuss their trade objectives in the Asean bloc and in each member country.
Trade attaché at the US Embassy in Vietnam William Marshak said that Vietnam was chosen to host the conference due to its fast-paced economic development.
But he also pointed out that Vietnam’s slow infrastructure development and transport systems could scare away US businesses.
Also in Da Nang Wednesday, the Vietnam Chamber of Commerce and Industry and its US counterpart held a conference in which representative discussed intellectual property rights, brand name management, brand development and franchising.