Webinar: Sourcing in China: what's the alternative?

Fri, February 3rd, 2012

How garment manufacturing is likely to develop through the end of the decade.

Tilleke & Gibbins Elevates Michael K. Lee to Partner

Thu, February 2nd, 2012

Tilleke & Gibbins Elevates Michael K. Lee to Partner. Michael counsels clients and manages cases on a wide range of corporate matters, including mergers and acquisitions, licensing, commercial transactions, real estate, regulatory affairs (particularly for the life sciences and high-technology industries), FCPA compliance, and labor. In 2011, he was identified as a leading lawyer in Vietnam in the areas of Corporate and M&A (by Chambers Asia-Pacific) and Real Estate (by Asialaw Leading Lawyers).

Reception: Dr. Rita Colwell, U.S. Science Envoy for S & SE Asia, Feb 8

Wed, February 1st, 2012

Universities as Engines for Growth: How Government and Industry Can Support University-led Innovation. Join the dialogue

Organisations still steer through the rear-view mirror...

Tue, January 31st, 2012

...and they don’t know better, ‘time to reset!’

GE is moving key executives to global emerging markets

Mon, January 30th, 2012

John Rice, GE vice chairman and head of global operations, talks about his recent move to Hong Kong and how GE's international strategy benefits its U.S. operations.

Tue, Jan 31 Memorial Service for Mr. Michael Ahlmark, Mogumbo's Proprietor

Mon, January 30th, 2012

A bus will depart Mogumbo’s from 9:00 am to transport mourners to the memorial service, which will be held at 49 Thuan Kieu, District 11, HCH City.

California Ports: Fears that a new and improved Panama Canal will divert trade

Mon, January 30th, 2012

The canal today accommodates only ships that carry up to about 5,000 containers, whereas large freighters already carry 12,000, and the largest carry even more. This is why it is currently best to move a box from Guangdong Province to New York by floating it to Los Angeles or Long Beach, then putting it on a train. But the digging in Panama is about to change that calculation.

Vietnam textile group Vinatex plans public offering

Sun, January 29th, 2012

Textile and apparel accounted for more than 30% of Vietnam’s total exports last year; VINATEX accounted for about 20% of Vietnam's total apparel exports in 2011.

Weekly Update Jan 30: TET Lunar New Year • Chúc Mừng Năm Mới; Winter Weekend (Feb 24-26)

Sun, January 29th, 2012

Events, special offers for members, trade/investment business issues and news for nearly 500 American, international, and Vietnamese companies, and over 1,000 key executives and staff. In addition, about 3,000 active subscribers in Vietnam, Asia-Pacific countries, and the U.S., over 350,000 page views/month of the AmCham web site.

Th, Feb 23 Vietnam Customs Duty Conference 2012 at Legend Saigon

Sun, January 29th, 2012

A full day, in-depth workshop with all the practical considerations that businesses need to know in navigating Vietnam's customs procedures and laws, which have changed a lot in the five years since Vietnam became a WTO member in Jan 2007. Posted: 01/05/12; Updated: 01/29/12

Footwear, garment exporters put high hope on TPP

Sun, January 29th, 2012

Enterprises in garment and footwear industries – the two biggest exporters of Vietnam – are expecting opportunities to penetrate more deeply into the US market, when the Trans-Pacific Partnership TPP is signed. In 2011, Vietnam’s garment export turnover to the US reached 7.1 billion USD, accounting for 50 percent of the total garment export turnover, an increase of 13 percent over 2010. Meanwhile, the footwear export turnover to the market reached 2 billion USD, and handbag exports brought 700 million USD.

Japan’s largest chemical producer invests in VN

Sun, January 29th, 2012

Shin-Etsu Chemical Co will set up two companies specializing in manufacturing silicone-based materials for high-brightness LED lights, and refining rare earth minerals, with a total investment of about US$ 64 million, to supply demand from customers in Vietnam and neighboring countries, and help reduce reliance reliance on China for raw materials.

Vietnamese exporters brace for 2012

Sun, January 29th, 2012

After posting a record annual growth of 33.3 percent in export revenues in 2011, led by apparel ($ 14 bil, 46% local content), crude oil, footwear (.5 bil, .8 bil local content), seafood ($ 6 bil), rice ($ 3.6 bil), and furniture ($ 3 bil). The top-ranked apparel sector exports to the U.S. of about $ 7.3 billion accounted for more than 50% of Vietnam's total apparel exports of $ 14.02 billion.

Vietnam still seeks a way-out for state-owned groups

Sun, January 29th, 2012

In December 2011, the government held a significant meeting that focused on these “great businesses” that was presided over by Prime Minister Nguyen Tan Dung, Deputy Prime Minister Vu Van Ninh (in charge of finance) and Hoang Trung Hai (in charge of industry and trade).

“New Year's Resolution” of American Ambassador to Vietnam

Sun, January 29th, 2012

"Our two countries have very good relations, common interests and can benefit a lot from this relationship, not only in economics, education, healthcare, environment but also diplomacy and defense. Strategic partnership is the best way to operate and address our developing ties. It is interesting that the Vietnamese I’ve met are very interested in this relationship"

Foreign securities firms welcome

Sun, January 29th, 2012

Entirely foreign-invested securities and fund management companies will be authorized to operate in Viet Nam effective January 12, creating challenges for Vietnamese firms but also opportunities for market to develop.

Despite strict regulations, car imports from unofficial distributors still flock to VN

Sun, January 29th, 2012

Circular No 20 stipulates strict regulations on importing cars, only products to be distributed by authorized resellers; however, luxury cars from different sources still have been flocking to Vietnam. In 2010, U.S. exports of cars to Vietnam exceeded $ 230 million.

Vu Khoan: Vietnam China Relations

Sat, January 28th, 2012

Vietnam's most remarkable foreign affairs event of 2011 was Party Secretary General Nguyen Phu Trong's visit to China, and its key result: the signing of the six-point agreement on guiding principles for negotiation of sea-related issues between the two countries. It clearly points out that bilateral matters will be solved bilaterally, and multilateral issues will be settled multilaterally.

Two Web Sites for Overseas U.S. Voter Registration in 2012

Sat, January 28th, 2012

Use the Overseas Vote Foundation and/or Federal Voting Assistance Program to simplify and accelerate your voter registration and request for absentee ballot.

Moody's upgrades Indonesia's sovereign rating to Baa3; outlook stable

Tue, January 24th, 2012

key drivers: government financial metrics, resilience to external shocks, healthier banking system, policy tools for financial vulnerabilities.