Miguel Pardo de Zela, Senior Commercial Officer from Vietnam and Richard Rothman, Senior Commercial Officer from Indonesia will be presenting on business opportunities in their perspective countries.

Why Consider Vietnam?

• Vietnam became a member of the WTO on January 11, 2007; vast changes are expected in Vietnam’s economy that should provide excellent opportunities for American businesses.
• Vietnam’s economic growth rate has been among the highest in the world in recent years, expanding annually at 7-8 percent, while industrial production has been growing at around 14-15 percent a year. GDP growth rate for 2006 was 8.2 percent.
• The entry into force of the U.S.-Vietnam Bilateral Trade Agreement (BTA) in 2001 transformed the bilateral commercial relationship between the United States and Vietnam and has greatly expanded business opportunities for American firms.
• Between 2000 and 2006, trade between the United States and Vietnam has increased from about $1.2 billion to around $10 billion at the end of 2006. In 2005, U.S. exports to Vietnam totaled $1.2 billion, while Vietnam’s exports to the United States reached $6.6 billion.

Top U.S. Exports to Vietnam:

1. Power Generation, Transmission and Distribution
2. Telecommunications Equipment and ServiceOil and Gas Machinery and Services
3. Computer Hardware and Software Services
4. Airport and Ground Support Equipment, Air Traffic Control Systems
5. Environmental and Pollution Control Equipment
6. Packaging Equipment
7. Medical Equipment
8. Safety and Security Equipment
9. Education and Training Services
10. Franchising
11. Agricultural Sector

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Why Consider Indonesia?

• Indonesia reached major milestones in its transition towards democracy in the last three years.
• Indonesia’s macro economy demonstrated impressive resilience in 2006 following
  October 2005 reductions in government fuel subsidies and monetary policy tightening in response to a budget and currency crisis brought on by record world fuel prices.
• On March 2, 2006 the Governmant of Indonesia (GOI) announced an ambitious “Investment Climate Improvement Package” containing 85 planned GOI regulatory and institutional reforms to be undertaken in 2006, including significant revisions to the country’s investment, tax, labor and customs laws.

Top U.S. Exports to Indonesia:

1. Telecommunications
2. Oil and Gas Equipment
3. Computer and Peripherals
4. Electrical Power Systems
5. Aircraft and Parts
6. Retail
7. Health Food Supplements
8. Security and Safety Equipments
9. Franchises
10. Water and Wastewater Treatment Equipment and Services

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