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Trading time ahead for electronic joint ventures

Local electronics firms say the move is inevitable considering that from next year, Vietnam will allow foreign-invested businesses to import products to sell locally.

Until now, only Vietnamese businesses have been authorized to distribute foreign products.

The opening up of the retail and distribution markets, coupled with lower import taxes, may make it more profitable for foreign-invested companies to import goods than to manufacture them locally.

The current taxes on most imported products range from 0 to 5 percent.

In the 1990s, import taxes were about 50 percent.

But not all choose to follow Sony Vietnam�s path.

Samsung Vina�s Vice President Nguyen Van Dao said his company would invest in both manufacturing and trading.

�Products with high local demand will still be produced locally,� he said. more

Building businesses

Like Manalili, Wieneke needs to touch base with clients and partners to keep his businesses going.

And this is where PLDT Landline Plus comes in.

PLDT Landline Plus Prepaid is an affordable, efficient, and time-saving telecommunications service that can provide instant wireless landline access to anyone in the Philippines. Prepaid subscribers may also be reached through portable communication devices, lessening their risks of missing important calls.

Wieneke says he has become "an office" because of PLDT Landline Plus Prepaid.

"My staff can call me from any outlet without incurring any costs, regardless of where I am. The same goes for my clients," adds Wieneke.

PLDT Landline Plus Prepaid service is user-friendly. One simply needs to insert the SIM card to any portable telecommunications device to be connected instantly. more

GIS Planning Inc. Releases ZoomProspector Enterprise: Commerce

ZoomProspector Enterprise: Commerce Edition assists economic development organizations and chambers of commerce to promote local businesses, points of interest, and special events. The growing need to quickly and easily show points of interest on an online map led GIS Planning, Inc. to develop this industry-first product so that economic development organizations, chambers of commerce, utilities, and other public and private businesses and organizations can provide a powerful, dynamic and interactive online solution for people and businesses interested in their communities.

. more

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