Leadership Council for Human Rights

~ Feet in the mud, head in the sky ~

Tuesday, March 14, 2006

Vietnam News Update

Trade partners push Vietnam's WTO bid

March 12, 2006

Bloomberg News reported Sunday that Vietnam’s entry into the World Trade Organization would reduce state control of the economy and also cut the official poverty rate in half, while doubling per-capita income within Vietnam.

According to the report:

“Vietnam's top trading partners will meet this month in Geneva to try to push forward the country's bid to join the World Trade Organization, a move that Vietnam hopes will bolster its exports and further reduce poverty.”

“The working party will meet for the first time since September to try to resolve concerns about Vietnam's investment regime, state subsidies and trading rights. The meeting comes as an American business delegation in Hanoi on Saturday urged the United States and Vietnam to conclude talks that are a prerequisite for the Southeast Asian nation to join the global trading club.”

Click here to read the article.

US Ambassador Visits Central Highlands Kon Tum province

March 11, 2006

According to Vietnam News Agency:

“US Ambassador to Vietnam Michael W. Marine said that the US embassy in Vietnam will try its best to urge American non-governmental organizations to work out humanitarian assistance projects for Kon Tum province, and is willing to serve as a bridge to help US businesses inquire into investment opportunities there.”

“Ha Ban, Chairman of the People's Committee of Kon Tum, introduced to the US Ambassador the province's economic, cultural and social achievements, which helped improve the people's living conditions to an average annual income of US $290 per person in 2005.”

“He spoke about Kon Tum province's great potential, saying that the province is calling for foreign investment in forest planting, construction of hydro-power projects, livestock breeding and eco-tourism.”


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