Investment Conference: ABAC Business Advisory Council, Jul 16 2012

When: Mon, Jul 16th 2012 8:15 am to 3:45 pm
Where: Sheraton Saigon Hotel & Towers, Ballroom 3, Level 3, Ho Chi Minh City

Event Description

The US National Center for APEC and the Vietnam Chamber of Commerce and Industry invite you to join us in Ho Chi Minh City on Monday, July 16 for a special dialogue to examine the investment climate in Vietnam and the APEC region.

Senior representatives from the business community will join officials to examine foreign direct investment trends in the Asia Pacific, including the challenges and opportunities that businesses face and APEC’s ongoing work to encourage and facilitate free and open investment in the region.

With new FDI in Vietnam in 2012 likely to be one-half of 2010 levels, what about Vietnam and APEC’s Investment Facilitation Action Plan?

RSVP:

English: David Boman, National Center for APEC.

Vietnamese: Registration Form for APEC Business Advisory Council Investment Conference, Jul 16, 2012 (Deadline: before July 7, 2012)

Agenda

08:00Registration of participants
08:30Opening Remarks
.Hoang Van Dung, Chairman ABAC Vietnam
.Bui Quang Vinh, Minister MPI
.HCM City People’s Committee
09:15Panel 1
.International Investment: Where, Why, What Does it Mean?
10:30Coffee/Tea Break
10:45Panel 2
.Challenges and Risks in the Int’l Investment Environment
12:00Working Lunch
.Keynote: Mr. Nguyen San Mien Nhuan, General Director
.Mien Vien Trieu Investments
13:30 Colluquium and General Dialogue
.Strengthing APEC’s Work on Advancing an Investment Growth Agenda
.(APEC Investment Facilitation Action Plan)
14:30Introduction about the Latin American Investment Environment
15:45Closing Remarks

Confirmed speakers and moderators include:

Dr. Yang Yunsong, ABAC China Member
H.E. Bui Quang Vinh, Vietnam Minister of Planning and Investment (TBC)
Anthony Nightingale, ABAC Hong Kong Member
Alfonso García Miró, ABAC Peru, Chairman of the Board, IPN Investments
Nguyen San Mien Nhuan, Futaland JSC
Linda Menghetti, Vice President, Emergency Committee on American Trade
Toru Shimizu, Japan Ministry of Economy Trade and Industry and Chair, APEC Investment Experts Group
Amb. Michael Michalak, Former U.S. Ambassador to Vietnam
Ms. Virginia B. Foote, President and CEO, Bay Global Strategies
Chris Kanter, Chairman of GEPI, Vice Chairman of APINDO
Bailey Leopard, Senior Counsel, FedEx Express

Event Background

APEC’s work on investment has never been more important. Given the dramatic increases in foreign investment over the last decades, foreign direct investment flows globally reached $ 1.24 trillion in 2010 and the foreign direct investment stock of investors equaled approximately $ 20 trillion that year. Furthermore, global foreign direct investment-flows are the largest external source of financing for developing countries, equal to about one-third of their GDP and generating some tens of millions of jobs in their countries.

While businesses and many governments recognize the value of foreign investment for reducing risk and expanding commercial and economic opportunities for business, workers and consumers, there are pressures afoot that threaten the international investment system under which such investment has expanded rapidly over the last several decades.

Given that the APEC economies are both important recipients and sources of such investment and APEC’s role as a leader on promoting regional economic integration, this program will look at the growth of investment, particularly on the APEC region, and ways that ABAC and APEC can work even more effectively to promote and harness the potential of such investment for economic growth throughout the APEC region.

Background Reading

APEC Investment Facilitation Action Plan
A sound investment facilitation strategy ensures that all investment applications are dealt with expeditiously, fairly and equitably. Investment facilitation also requires creating and maintaining transparent and sound administrative procedures that apply for the lifetime of the investment, including effective deterrents to corrupt practices. Finally, investment facilitation is enhanced by the availability of quality physical infrastructure, high-standard business services, talented and flexible labour forces, and the sound protection of property rights.

Measuring Progress in Implementing APEC’s Investment Facilitation Action Plan: Establishing a Methodology and Selecting Key Performance Indicators, Oct 2009
This paper aims to develop a methodology to measure APEC member economies’ progress in terms of implementing IFAP (Investment Facilitatoin Action Plan), and to identify key performance indicators that can be used to provide a consistent basis for measurement of IFAP progress.

OECD Policy Framework for Investment (Executive Summary)
The Policy Framework for Investment (PFI) is a tool, providing a checklist of important policy issues for consideration by any government interested in creating an environment that is attractive to all investors and in enhancing the development benefits of investment to society, especially the poor. Click the link to access the PFI Executive Summary, as well as an OECD-MPI PFI Assessment of Vietnam’s Investment Policies (62 pages) and Key Findings and a Roadmap for Future Reform (6 pages).

Organizers

Vietnam Chamber of Commerce & Industry
Cho đến nay đã có 166 đại biểu từ các nền kinh tế APEC đăng ký tham dự hội nghị. Đại biểu ABAC VN và các đại biểu DN tham dự Hội nghị về đầu tư và Diễn đàn doanh nhân nữ dự kiến 100- 120 đại biểu. Tổng số đại biểu dự họp và các hội nghị khoảng 300 người.

U.S. National Center for APEC
The U.S. National Center for Asia-Pacific Economic Cooperation (APEC) is the only U.S. business association focused exclusively on facilitating American private sector input to the APEC process. Representatives of the Center often serve on official U.S. delegations to APEC meetings, capitalizing on the Center’s excellent working relationships with U.S. government agencies as well as with business and government representatives from APEC’s 21 member countries. Our programs are characterized by robust, candid discussions between business, government and academia on key trade and economic policy topics in the Asia-Pacific region. National Center membership is limited to U.S. corporations. The National Center also functions as a conduit for U.S. businesses into APEC by serving as the Secretariat for the three U.S. executives who are appointed members of the APEC Business Advisory Council.