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Va. to establish trade office in Taiwan
Virginia will establish a trade office in Taipei, Taiwan’s capital, Gov. Glenn Youngkin announced Monday morning after meeting with that country’s president, Tsai Ing-wen. Youngkin’s meeting with Taiwan’s president came during the governor’s first international trade mission, during which he will also stop in Seoul, South Korean and Tokyo throughout the remainder of A[...]
Youngkin to meet with Taiwan’s president
Amid rising tensions with China, Virginia Gov. Glenn Youngkin will meet with Taiwanese President Tsai Ing-wen on his first international trade mission this month. Youngkin will travel to Taipei City, Taiwan; Tokyo; and Seoul, South Korea, from April 24 to April 29, according to a Tuesday news release. “I’m excited to represent the commonwealth in […]
Feds say Chinese cranes used at Port of Va. could be spy tools
The Port of Virginia may have as many as 30 Chinese ship-to-shore cranes that have come under scrutiny from Pentagon officials over national security concerns, and the port has five more on delivery for next year. The cranes made by Shanghai Zhenhua Heavy Industries Co., known as ZPMC, a state-owned company whose major shareholder is […]
10 Va. companies graduate VEDP export program
Ten Virginia companies are the latest to graduate from the Virginia Economic Development Partnership’s Virginia Leaders in Export Trade (VALET) program, which helps companies work on international export growth strategies, Gov. Glenn Youngkin announced this week. The two-year VALET program helps Virginia companies that have established domestic operations use international exporting as a gro[...]
Rainmaker-in-chief
On Aug. 29, 2005, Jason El Koubi’s first day as research and policy director for Louisiana’s Baton Rouge regional chamber of commerce, Hurricane Katrina slammed into the state, resetting El Koubi’s and the state’s trajectory. It was a fast lesson in crisis management, but also one in economic transformation. That job was among his first […]
Port of Virginia
In fiscal 2021, the Port of Virginia set cargo records, generating more than $100.1 billion in ancillary economic impact, according to a report from William & Mary’s Raymond A. Mason School of Business in conjunction with Glen Allen-based Mangum Economics. The six-terminal system generated 436,667 jobs, $47.4 billion in Virginia gross state product, $27.2 billion […]
Q&A: Quebec official discusses Va. trade mission
Quebec’s delegate general in New York, Martine Hébert, visited Virginia this week on a trip to strengthen economic relations between her province and the commonwealth. Appointed in August by Quebec Premier François Legault and based out of New York, Hébert is responsible for promoting the province’s economic interests in the mid-Atlantic region. She previously served […]
Altria can’t sell IQOS device in U.S. after ITC ruling stands
Henrico County-based Altria Group Inc. and former subsidiary New York-based Philip Morris International Inc. can no longer sell the IQOS tobacco heating device in the U.S. after the Biden administration’s 60-day administrative review process concluded Monday. On Sept. 29, the U.S. International Trade Commission determined that the IQOS device violated two of rival R.J. Reynolds […]
Northam, state officials make European trade trip
Before handing over the keys to the Executive Mansion to Gov.-elect Glenn Youngkin, Virginia Gov. Ralph Northam is skipping town for one last overseas business trip. Northam is leading an international trade and marketing mission to Belgium, Spain and Germany this week with a delegation including Chief of Staff Clark Mercer, Secretary of Commerce and […]
