Exploring Business
Opportunities in China, India and Vietnam
Recently Mr. Garcia participated as
a member of a US delegation to the India Business Summit led by Under
Secretary for International Trade, Franklin Lavin on November 29-30
2006. Leaders of US business, industry, education and state and
local government participated in this summit which allowed them access
to India¡¯s high-level business, industry and government representatives
and opportunities to gain timely insights into the country¡¯s trade
and investment climate. He also traveled to China and Vietnam
to talk to business and industry executives and high level government
officials. Mr. Garcia will be presenting this trip report to explore
business opportunities in these countries. This is a rare opportunity
to gain the first hand information on these three hot growing markets
in Asia.
China
- As a result of the evolution
of electronics and China's sustained economic growth, China is now the
second largest market for consumer electronics, second to the United
States.
- With the emergence of a
large, affluent population in China, the country is seeking to obtain
skills and technology in areas other than IT, software development,
and manufacturing. For example, technology is being sought for the industrialization
of agriculture.
- Affluency in China now includes
the cities beyond the first tier of coastal cities that are well known
to many US businesses.
- Opportunities for doing
business in China are abundant and increasing, including services in
the areas of business tourism, training, education, marketing and international
PR.
India
The US-India relationship is undergoing
great changes. The two countries, politically and economically distant
for much of the late twentieth century, now find their national interests
converging in many respects.
- With over one billion people,
the Indian market presents lucrative and diverse opportunities for US
exporters with the right products, services, and commitment.
- In calendar year 2005, US-India
trade reached an all-time high of over $26Billion, with US exports to
India reaching $8Billion, up 30 percent over 2004 and nearly double
US exports in 2002.
- India's annual GDP, currently
over 8 percent, makes it one of the fastest growing large economies
in the world.
Vietnam
- Vietnam has recently become
a member of the World Trade Organization (WTO); and the United States
Congress recently approved legislation that normalizes trade relations
with Vietnam through Permanent Normal Trade Relations (PNTR).
- PNTR provides Vietnam the
same customs and tariff treatment that the US provides to other PNTR
countries.
- These developments are taking
place as Vietnam demonstrates a strong commitment to continuing economic
reforms, and as Vietnam opens a new market for US goods and service
bringing great opportunities for all types of American companies.
Date: January 24, 2007 (Wednesday)
Time: 7:00 - 9:00 pm (Registration
starts at 6:30 pm)
Venue: Pillsbury Winthrop
Shaw Pittman LLP
2475 Hanover Street
Palo Alto, CA 94304
Light
refreshment will be provided.
Language: English
Seminar Agenda:
6:30 - 7:00 pm: Registration and
Networking
7:00 - 8:15 pm: Presentation
7:00 - 8:15 pm: Q&A
9:00 pm: Adjourn
Fee:
Regular member: Free
Associate member: $20 RSVP, $25 at the door
Non-member: $20 RSVP, $25 at the door
RSVP : rsvp@svcwireless.org with the following subject line
1/24: Your Name
Contact and more information:
Henry Lu, henrywlu@yahoo.com +1 510-566-0593
Jenny Oshima, Jenny.oshima@svcwireless.org
Speaker
Ernest Garcia, CEO of Direction 21 will speak about his recent business
trip in November through December to India, Vietnam, and China. Mr.
Garcia is a SVCWireless member of many years, and he has been providing
US-Asia business consulting since 1998. He will be speaking about opportunities
in a variety of market sectors through his experience as a consultant.
In India he was a member of a trade delegation headed by the Under-Secretary
of Commerce for International Trade. In Vietnam he met with industrial
park executives. In China he initiated two consulting projects, in Nanjing
and in Shenyang. Additionally, he visited Tsinghua University's School
of Economics and Management (SEM), primarily as a result of his participation
as an invited business professional in UC Berkeley's "IT in China"
graduate course this past year.
