Posts

Weekly update Dec 11: Annual General Meeting, Another Typhoon (#22), PNTR Approved

Keep up-to-date about U.S.-Vietnam trade and investment relations with Weekly Updates.

Typhoon #22 (UTOR) on Sun, Dec 10 was in the Eastern Sea and expected to develop into a Category 4 storm with wind-speeds of 131-155 mph (211-250 kph). Click the link to see the predicted storm track. However, as the recent typhoons have demonstrated, the predicted track can and does often change drastically.

Upcoming Events – click for more information and to register online

Annual General Meeting, Wed, Dec 13
The Board of Governors will report on 2006 activities and finances, and then members enjoy a cocktail reception. Vote for Governors for the 2007-2008 term. Click on the link for additional information and to register online to attend. Spouses are not only invited, but are encouraged to attend with members.

Christmas & New Year’s Dinner Parties @ La Habana, Sun, Dec 24 and Sun, Dec 31
La Habana Restaurant – Bar – Lounge is well-known for its authentic Spanish cuisine and its wide choice of tapas, as well as its famous Cuban cocktails, its Cuban & Latin rhythm and live entertainment in a lovely cozy architecture. Click the link highlighted above for more information.

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Weekly Update Nov 13. “Amended” PNTR; WTO details online; Typhoon #20

Keep up-to-date about U.S.-Vietnam trade and investment relations with Weekly Updates.

Membership Directory 2007 – deadline is Nov 30 for advertisments, contact info updates
As you plan your advertising, be sure to include the AmCham Membership Directory. We update it at the end of every year (Oct-Nov), print it over the holidays (Dec-Jan), and deliver it right after TET. In addition, please make sure to update your contact information. We have sent faxes to all members with a reminder that Nov 30 is the deadline for updated contact information. If you have new or changed contact information, please contact Ms. Huong at the AmCham office (824 3562) as soon as possible.

11th Annual Governors’ Ball – December 9, 2006
The AmCham Board of Governors cordially invite you to the 11th Annual AmCham Governors’ Ball, to be held on Saturday, December 9, 2006 in the elegant Park Hyatt Saigon Hotel. Click on the link for information and to register online. Tickets are limited, so please make your reservations early to avoid disappointment. Please click the link for information and to reserve online.

Annual General Meeting, Wed, Dec 13, 2006
The Board of Governors will report on 2006 activities and finances, and then members enjoy a cocktail reception. Vote for Governors for the 2007 Board of Governors. The Nominating Committee is now considering candidates for nomination. Click on the link for additional information and to register online to attend.

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Weekly Update 2006-09-25: New Committees – Furniture; Logistics & SCM

PNTR and WTO Accession
Sens. Elizabeth Dole (R-N.S.) and Lindsey Graham (R-S.C.) wrote a letter to USTR Susan Schwab on Sep 18 again urging her to defend the U.S. textile industry from unfair trade practices by Vietnam. They have placed holds on PNTR legislation.

New Law on Social Insurance will come into effect January 1, 2007.
Russin & Vecchi, International Legal Counsellors have prepared a memo that compares, analyzes and discusses the impact of the new Law on Social Insurance.

Textile / Garment Executive Employment Opportunities
A large US textile company seeks GM, CFO and Plant Manager for US$ 50 million new venture in Vietnam.

American Franchise Business Opportunities in HCM City
U.S. Commercial Service in Ho Chi Minh City is helping Office 1 Super Store, Hard Rock Cafe, and Dale Carnegie find partners to develop their master franchise business in Vietnam. Company representatives will visit HCMC in October to meet with interested companies.

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Weekly Update 2006-09-18 House vote on PNTR likely in November

PNTR and WTO Accession
House Republican leaders plan a Nov. 13 vote on PNTR for Vietnam, according to a report in the Congress Daily. The bill should enjoy broad bipartisan support in the House. One reason it has not passed already is concern about voting on trade legislation right before the Nov 7 election.

New Law on Social Insurance will come into effect January 1, 2007.
Russin & Vecchi, International Legal Counsellors have prepared a memo that compares, analyzes and discusses the impact of the new Law on Social Insurance.

Textile / Garment Executive Employment Opportunities
A large US textile company seeks GM, CFO and Plant Manager for US$ 50 million new venture in Vietnam.

American Franchise Business Opportunities in HCM City
U.S. Commercial Service in Ho Chi Minh City is helping Office 1 Super Store, Hard Rock Cafe, and Dale Carnegie find partners to develop their master franchise business in Vietnam. Company representatives will visit HCMC in October to meet with interested companies.

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Weekly Update 2006-09-11: PNTR vote expected before President’s visit

PNTR and WTO Accession
U.S. House of Representatives Majority Leader John Boehner said that the House vote on PNTR was expected before the President’s trip to Vietnam. However, the vote might be the week after the November 7 congressional elections. Although approval of PNTR is widely expected, U.S. domestic politics, timing and opposition pose obstacles and create delays.

Textile / Garment Executive Employment Opportunities in Vietnam
A large US textile company seeks GM, CFO and Plant Manager for US$ 50 million new venture in Vietnam. Management experience of textile operation in Vietnam required for GM and PM. Broad financial management experience (controller-type duties) required for CFO. CFO and PM: Vietnamese required. GM: Vietnamese a plus, but not required. Read more …

American Franchise Business Opportunities in HCM City
U.S. Commercial Service in Ho Chi Minh City is helping Office 1 Super Store, Hard Rock Cafe, and Dale Carnegie find partners to develop their master franchise business in Vietnam. Company representatives will visit HCMC in October to meet with interested companies for partnership. Read more … and contact information to arrange meetings with the visiting company representatives.

Business Opportunities – Pack Expo / Process Expo in Chicago Oct 27 – Nov 2
The U.S. Commercial Service, Vietnam Chamber of Commerce and Industry (VCCI), and AmCham will organize and lead a trade mission to visit this cornerstone event for the food processing / packaging industry. Read more … and download a registration form.

New Committees – Furniture, Logistics and Supply Chain Management
Sep 26 is the inaugural meeting of the new Furniture Committee. Click here to Register Online for the meeting. Sep 28 is the inaugural meeting of the new Logistics and Supply Chain Management Committee. Click here to Register Online.

APEC CEO Summit, Nov 16-19, 2006. Hanoi
One of the most prestigious annual events of the region, providing opportunities for business leaders to hear presentations from and to engage in discussions with APEC leaders, policy makers, academia, and other CEOs on the most critical economic and business issues facing the region. Click here for information on APEC CEO Summit.

New Law on Social Insurance will come into effect January 1, 2007
Russin & Vecchi, International Legal Counsellors have prepared a memo that compares, analyzes and discusses the impact of the new Law on Social Insurance (LSI). Click here for a summary and to download the memo.

AmCham Scholarship Program 2006
In partnership with National University of Ho Chi Minh City (NUH), AmCham will grant up to 20 scholarships to 20 top students of NUH including: University of Polytechnique, University of Natural Sciences, University of Social Sciences and Humanities, Faculty of Economics.

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Weekly Update 2006-08-22 PNTR and WTO Accession Outlook

PNTR and WTO Accession

Another two weeks before Congress returns from its August “District Work Period” in the first week of September for a one month session before the October 6 target adjournment to prepare for the November 7 elections. Two U.S. Senators have put a “hold” on PNTR legislation. Please click here for an update and background information: PNTR and WTO Accession.

Sep 6 Members Lunch: Will port delays slow Vietnam’s growth?

FDI investors, along with major shipping and logistics providers, are concerned about potential delays in ports and related infrastructure development. Decisions or actions made this year could have a profound impact on Vietnam’s export growth, and its competitiveness with other countries in the region. As large infrastructure projects take years to complete, early planning, commitment and development of projects is critical. Click here for more information and to register on-line.

In Geneva, there is no schedule yet for the additional informal meetings planned and formal WTO Working Party talks to resolve remaining issues from theWTO Working Party talks starting July 19. The remaining issues not yet agreed in the multilateral report include labor standards, textiles and apparel, trading rights (importing into Vietnam), and the excise duty on spirits and beers. These September meetings are necessary to prepare for accession by the WTO General Council Meeting Oct 10-11.

Increased Efforts to Combat High Level Corruption

World leaders are increasingly attacking corruption by senior government officials. The G8 Leaders agreed to fight high level corruption in a joint statement on July 16. President Bush outlined the U.S. stragegy internanationalize efforts against kleptocracy on August 10. The World Bank/IMF meeting in Singapore September 19-20 is expected to develop a coordinated and comprehensive anticorruption strategy. Read more … .

APEC CEO Summit, Nov 16-19, 2006. Hanoi

An opportunity for CEOs to participate in the APEC Leaders’ meeting, the APEC CEO Summit is one of the most prestigious annual events of the region, providing opportunities for business leaders to hear presentations from and to engage in discussions with APEC leaders, policy makers, academia, and other CEOs on the most critical economic and business issues facing the region. Click here for information on APEC CEO Summit.

Get weather updates and view approaching typhoons from links on this weather page: Weather in Vietnam and Western Pacific (satellite views, current and forecast weather, 5-year averages)

Click on Other Chambers to see other events in HCMC and on Other AmChams in the Asia/Pacific Region if you plan to travel in the region and want to know about networking opportunities in the city(ies) you will visit. AmCham members are welcome to attend member functions at any AmCham in the Asia-Pacific region at local member rates. Be sure to have your AmCham member card with you and your www.amchamvietnam.com member listing up to date.

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