World Trade Center Utah, along with the Governor’s Office of Economic Development, the Small Business Administration, the U.S. Commercial Service and Zions Bank, will be hosting a trade mission to Singapore and Vietnam late this summer. WTC Utah is accepting registrants from business and government leaders wishing to be a part of the governor-led excursion.
The mission will depart Aug. 25 and return Sept. 3. Interested parties can find details at www.wtcutah.com. Registration forms must be submitted by July 11, at which time a non-refundable $500 deposit is also due.
“Trade missions put Utah companies in front of potential partners and customers, which establishes trust and leads to increased opportunities,” said Derek B. Miller, president and CEO of WTC Utah. “Having the governor lead the Singapore and Vietnam trade mission will open doors to companies traveling to support their international efforts. Any company considering expanding into Asia should attend.”
WTC Utah said in a release that during the trade mission, attendees will participate in the following:
• Market-specific briefings by in-country experts and the U.S. Commercial Service.
• Pre-arranged and customized business-to-business meetings through the U.S. Commercial Service’s Gold Key Matchmaking Service.
• Site visits.
• VIP networking receptions for business leaders and elected officials.
Vietnam and Singapore are prime markets for companies looking to export their products to Asia, WTC Utah said. Vietnam is expected to have the second- strongest average GDP growth between now and 2050, exceeding 5 percent a year, on average. Both countries have a growing middle class and are recognized for their ease of doing business. Household spending in Singapore is projected to increase 11 percent by 2018.