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Ambassador Shear: Tết

U.S. Ambassador David ShearOn behalf of the U.S. Mission to Vietnam, I wish everyone a very happy Tet.

I hope you enjoy my Tet video message. After watching it, let me know your favorite things about Tet by leaving a comment.

May you and your family enjoy a joyous, healthy, and prosperous New Year.

Chuc mung nam moi!

Click here to visit Ambassador Shear’s blog, and enjoy his Tết video message.

Posted: Feb 11, 2013.

Weekly Update, Jan 14, 2013: New AmChamVietnam.com, Idea Foundry, TET, Ambassador’s Blog

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. Read more

Weekly Update Jan 7, 2013: Idea Foundry, TET Lunar New Year, 12 Days of FCPA

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.

Highlights

Welcome to New AmChamVietnam.com
Tu, Jan 8 Legal & VBF Liaison Committee Meeting
Mo-Tu, Jan 14-15 Lower Mekong Initiative Infrastructure Best Practices Exchange
Mo, Jan 21 Martin Luther King, Jr. Day (U.S. Holiday)
We, Jan 23 The Year Ahead: Summary & Outlook 2013 (CanCham Event)
Th, Jan 24 Idea Foundry • Business Creation and Entrepreneurial Accelerator for Vietnam
Sa, Feb 9 – Su, Feb 17 TET Lunar New Year Holidays • 9 days • Plan ahead … only 4 weeks away
Tu, Feb 12 Legal & VBF Liaison Committee Meeting
Mo, Feb 18 Washington’s Birthday (Presidents’ Day) (U.S. Holiday)
Su-Th, Feb 24-28 U.S. Chamber of Commerce Mission to Myanmar
Sa-Tu Mar 2 – 5 International Home + Housewares Show in Chicago
Mo-Th, Mar 11-14 Vietnam International Furniture and Home Accessories Fair
Th-Fr, Mar 21-22, 2013 APCAC Spring Conference
Mo-Tu, Apr 8-9 Asia Pacific Business Outlook, Los Angeles
Fr, Apr 19 Hung Kings’ Festival Day 2013
Private Sector Minimum Wage Adjustment for 2013
TPP vs. RCEP: A new Washington-Beijing tug-of-war?
ASEAN Secretary General: “South China Sea” risks becoming “Asia’s Palestine”
Foreign Direct Investment in Indonesia Rising Significantly: Up 22%

Events, Meetings, Activities, and Special Offers

AmCham Membership Directory 2013 to be printed in February, and delivered after TET. AmCham Members update or provide company profiles to  Cindy Tran immediately. As you plan your marketing activities, be sure to consider this annual publication which is used daily by members and employees at AmCham’s more than 700 member companies, with over 1,400 representatives.Events, Meetings, Activities, and Special Offers

Welcome to new AmCham companies 83 new companies have joined AmCham in 2012. Brief descriptions, activities, representatives’ names, and links to their web sites for additional information.

Enjoy luxurious living and convenient working spaces at The Landmark Saigon Designed to meet the needs of international businesses, The Landmark offers 10,000 square metres of office space, 65 serviced apartments, a Health Club with a rooftop swimming pool and a squash court and superb views of the Saigon River, creating your home address in Saigon. The Landmark is now offering office spaces ranging from 100 to 600 square metres.

We, Jan 23 The Year Ahead: Summary & Outlook 2013 (CanCham Event)  Well-known guest speakers from a variety of business sectors will share their outlooks, identify challenges and opportunities in the Year of the Snake.

Idea Foundry • Business Creation and Entrepreneurial Accelerator for Vietnam

Idea Foundry • Business Creation and Entrepreneurial Accelerator for Vietnam

 

Th, Jan 24 Idea Foundry • Business Creation and Entrepreneurial Accelerator for Vietnam Realizing the similarity between Pittsburgh city economic development history and the current stage of Vietnam’s economic landscape, Idea Foundry, a non-profit-organization founded in 2002 in Pittsburgh, Pennsylvania, U.S.A would like to introduce our programs to Vietnamese entrepreneurs, to assist Vietnam in its long-term economic and social development process.

Sa, Feb 9 – Su, Feb 17 TET Lunar New Year Holidays • 9 days • Plan ahead … only 4 weeks away Traditionally there are four main holidays: TET New Year’s Eve (Sa, Feb 9, 2013), and TET New Year’s Day (The First ) (Su, Feb 10, 2013), Second (Mo, Feb 11, 2013), and Third (Tu, Feb 12, 2013) Days of TET Nguyen Dan. However, since two of the official holidays are on the weekend, the holidays are observed on Sat, Feb 9 – Sun, Feb 17 (nine days). The Vietnamese traditionally celebrate Tet for one month: from the fifteenth day of the twelfth lunar month to the fifteenth day of the first lunar month. And even today, business slows two weeks before and up to two weeks after TET. Plan ahead … TET is only 4 weeks away.

Su-Th, Feb 24-28 U.S. Chamber of Commerce Mission to Myanmar The delegation will seek meetings with the U.S. Embassy and Myanmar’s key government officials to assess the business climate in Myanmar and discuss the challenges to the full normalization of economic relations. For more information, please contact John Goyer, U.S. Chamber of Commerce

Th-Fr, Mar 21-22, 2013 APCAC Spring Conference  Join senior-level executives and other dignitaries from Taiwan and throughout the region, as well as the United States, for networking and in-depth discussion of key issues facing the multinational business community. The gala dinner on March 21, held jointly with Hsieh Nien Fan, will feature a keynote address by President Ma Ying-jeou.

Mo-Tu, Apr 8-9 Asia Pacific Business Outlook, Los Angeles The annual Asia Pacific Business Outlook is the premier conference for exporters and investors targeting Asian markets. Get key intelligence on 17 markets by choosing from 60 focused sessions and private one-on-one consultations.

Plan ahead. Click here to see  Upcoming Events and Committee Meetings

Stay informed about Vietnam-U.S. trade and investment with Weekly Updates (Past Issues).

News and Issues Updates

12 Days of FCPA takeaways from the recently published FCPA Resource Guide, a useful resource for the long-held interpretations of the FCPA (Foreign Corrupt Practices Act) by the agencies tasked with enforcement. It offers a single source for the ounce of prevention that may be worth a pound of cure. It is important that companies review the Guide to assess whether current compliance programs or measures will pass the watchful eye of the SEC or DOJ and for insight into how the agencies are likely to view future compliance issues and potential misconduct.

Private Sector Minimum Wage Adjustment for 2013 MOLISA issued the decree on Dec 4, 2012. VCCI and key export industry associations proposed 15% private sector minimum wage adjustment annually 2013 – 2015. MOLISA Vice Minister met in HCM City Aug 23 with companies and business associations, employees’ representatives, local authorities, for a full discussion before announcing the decision “in October.”

TPP vs. RCEP: A new Washington-Beijing tug-of-war? The US is the engine behind the TPP (Trans-Pacific Partnership), which doesn’t include China. The RCEP (Regional Comprehensive Economic Partnership) has China as a major founding member, and the US isn’t part of that new regional scheme.

Foreign Direct Investment in Indonesia Rising Significantly FDI in Indonesia jumped to a new record high of $ 587.41 million in the third quarter of this year, surging 22 percent compared to a year earlier.

ASEAN Secretary General: South China Sea risks becoming “Asia’s Palestine” Southeast Asia’s top diplomat has warned that the South China Sea disputes risk becoming “Asia’s Palestine”, deteriorating into a violent conflict that draws sharp dividing lines between nations and destabilizes the whole region.

Vietnam – U.S. Trade Status and Outlook, 2012 – 2015e Bilateral trade in 2012 may increase by about 12% over 2011, despite the difficult domestic and international economic environment. Growth of Vietnam’s apparel exports to the U.S. is likely to slow because of rising costs in Vietnam, increased competition from other supplier countries, and reduced demand in the United States.

Rampant corruption in Vietnam: most common in traffic, land management, customs, and construction Corruption is the main concern of Vietnamese people, followed by high prices and traffic accidents. Over 82% said corruption was widespread. And more than 75% said corruption was a serious problem for the country. World Bank-Inspector General’s Office Joint Report.

Global Entry Trusted Traveler Program KioskGlobal Entry Trusted Traveler Program – TSA Pre-Check Expedited Screening Complete the application on-line, and schedule the required interview at an airport on your next trip to the USA. Also, Global Entry Trusted Travelers may benefit from expedited security screening for domestic travel at a number of U.S. airports.

APEC Business Travel Card – Join the U.S. “Global Entry Trusted Traveler” Program Now Speed up your entry through immigration when traveling in the Asia Pacific Economic Cooperation (APEC) region.

 

Recent Events and Information Resources

Event Presentations and PHOTO ALBUMS Did you miss an AmCham event? Were you there but wanted to have a copy of the presentation? Didn’t get the business card of the person you were talking with? Now you can download the presentations by clicking on the above link.

Benefits and Services Review AmCham benefits and services and learn how you can benefit from Networking Online

Your announcement in AmCham’s Weekly Update email Early each week, AmCham’s Weekly Update email goes out to about 1,000 representatives of nearly 500 AmCham companies, plus about 3,000 subscribers in Vietnam, Singapore, Japan, and the USA. We welcome event announcements that are of interest to our business readers.

Computing Tips from the AmCham Webmaster

Not receiving AmCham’s weekly update emails? Then, please check your spam of junk mail folder. To insure that you receive all future communication from AmCham, please add our email address to your address-book and to your “safe list” or “white list” (if applicable).
Weekly Update emails are sent from [email protected], If you use a SPAM Filter please add this address to your email address book or “Whitelist.”

Keep up-to-date about U.S.-Vietnam trade and investment with Weekly Updates (Past Issues).

Weekly Update Dec 31, 2012: New Year, Idea Foundry, TET Lunar New Year

Highlights

Winners’ List … Prizes and Silent Auction Items at the Governors’ Ball
Mo-Tu, Jan 14-15 Lower Mekong Initiative Infrastructure Best Practices Exchange
We, Jan 23 The Year Ahead: Summary & Outlook 2013 (CanCham Event)
Th, Jan 24 Idea Foundry • for Business Creation and Entrepreneurial Accelerator
Sa, Feb 9 – Su, Feb 17 TET Lunar New Year Holidays • 9 days • Plan ahead …
Su-Th, Feb 24-28 U.S. Chamber of Commerce Mission to Myanmar
Sa-Tu Mar 2 – 5 International Home + Housewares Show in Chicago
Th-Fr, Mar 21-22, 2013 APCAC Spring Conference
Mo-Tu, Apr 8-9 Asia Pacific Business Outlook, Los Angeles
Private Sector Minimum Wage Adjustment for 2013
The Elderwood Project: “Watering Hole” Internet Attacks (Symantec)
TPP vs. RCEP: A new Washington-Beijing tug-of-war?
Asean Secretarial General: “South China Sea” risks becoming ‘Asia’s Palestine’
Chicago’s Mayor Emanuel to take 10-day trip with family to Vietnam
Foreign Direct Investment in Indonesia Rising Significantly: Up 22%

Read more

Weekly Update Dec 17: Membership & Directory, Christmas, New Year’s and TET

Highlights

Winners’ List … Prizes and Silent Auction Items at the Governors’ Ball
Mo-Tu, Jan 14-15 Lower Mekong Initiative Infrastructure Best Practices Exchange
We, Jan 23 The Year Ahead: Summary & Outlook 2013 (CanCham Event)
Sa, Feb 9 – Su, Feb 17 TET Lunar New Year Holidays • 9 days • Plan ahead …
Business leaders discuss investment environment at VBF
Vietnam Empty Office Towers Show Dreams Turned to Rubble
SOEs debts up 19% over 2011, equal 65% of Vietnam’s GDP
Rampant corruption in Vietnam: #1 Concern of Vietnamese Citizens

Read more

Weekly Update Dec 3: VBF, Direct Selling, Governors’ Ball, Annual General Meeting, Customs Dialogue

Highlights

Mo, Dec 3 Vietnam Business Forum
Fr, Dec 7 Roundtable • Direct Selling in Vietnam
Sa, Dec 8 AmCham Governors’ Ball • Christmas in San Francisco
… Many Wonderful Prizes and Silent Auction Items at the Governors’ Ball
Tu Dec 11 Annual General Meeting and Members’ Night
We, Dec 12 AmCham Dialogue with General Department of Vietnam Customs
Sa, Dec 15 Application Deadline for VN and U.S. Professionals Fellowships
Sa, Feb 9 – Su, Feb 17 TET Lunar New Year Holidays • 9 days • Plan ahead …
New FDI $12 billion, 21.4% drop compared with 2011
Business leaders discuss investment environment at VBF
Vietnam Empty Office Towers Show Dreams Turned to Rubble
SOEs debts up 19% over 2011, equal 65% of Vietnam’s GDP
Rampant corruption in Vietnam: #1 Concern of Vietnamese Citizens
Tropical Storm (ex Super Typhoon) Bopha in Eastern Sea … Vietnam next?

Read more

Weekly Update Jan 24: Membership Directory, TET Lunar New Year, U.S.-Asia/Pacific Business Summit

Highlights

AmCham Membership Directory 2011 – update your listing
We-Mo, Feb 2-7 TET Lunar New Year (Yr of the Cat)
Mo-Mo, Jan 31-Feb 7 TET Lunar New Year (optional 8-day holidays)
Th-Fr, Mar 3-4 U.S.-Asia/Pacific Regional Business Summit, Singapore
Mo-Tu, Mar 28-29 APBO Asia Pacific Business Outlook, Los Angeles

Read more

Weekly Update Jan 17: 2011 Membership Directory, Party Congress, TET

Highlights

AmCham Membership Directory 2011 – update your listing
We-We, Jan 12-19, 11th Party Congress in Hanoi
Fr, Jan 21, Morning Roundtable with American Bar Association President
Fr-Su, Jan 21-23 AmCham Dalat Winter Weekend – POSTPONED
We-Mo, Feb 2-7 TET Lunar New Year (Yr of the Cat)
Mo-Mo, Jan 31-Feb 7 TET Lunar New Year (optional 8-day holidays)

Read more

Weekly Update Jan 10: 2011 Membership Directory, Party Congress, TET

Highlights

AmCham Membership Directory 2011 – update your listing
We-We, Jan 12-19, 11th Party Congress in Hanoi
Fr-Su, Jan 21-23 AmCham Dalat Winter Weekend – POSTPONED
We-Mo, Feb 2-7 TET Lunar New Year (Yr of the Cat)
We-Mo, Feb 2-7 TET Lunar New Year (Yr of the Cat)

Read more

Weekly Update Feb 1: Price Controls?, Logistics/Supply Chain Management, TET Lunar New Year

Latest updates on H1N1/A Flu from U.S. Center for Disease Control, U.S. Department of State (Travel), and World Health Organization (WHO)

Tu, Jan 26 US Importers Security Filing is Mandatory; Penalties for Failure to File

Revised Labour Code, Draft 2, Nov 2009 (Vietnamese version, English translation).

Draft Circular on Price Registration and Stabilization for public comment.

Tu, Feb 9 Why Price Controls Don’t Work, … but they could negatively affect YOUR business.

Read more

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Home Page

Weekly Update: Happy New Year! Membership Directory, Idea Foundry, and TET Lunar New Year

AmCham is an independent association of companies with the objective of promoting trade and investment between Vietnam and the U.S. With two chapters, one in Ho Chi Minh City and one in Hanoi, our membership of 700 companies and 1,500 representatives is unified by a commitment to promote trade and investment between Vietnam and the United States. We welcome U.S. companies, international companies, and Vietnamese companies that share our objectives. Click here for information about joining AmCham.

U.S. Chamber websticker

Since 1996, AmCham Vietnam in HCM City has been a Member of the U.S. Chamber of Commerce, which represents 3,000,000 businesses, 2,800 state and local chambers, 830 business associations, and 115 American Chambers of Commerce in 102 economies.

Highlights

Mo-Tu, Jan 14-15 Lower Mekong Initiative Infrastructure Best Practices Exchange
We, Jan 23 The Year Ahead: Summary & Outlook 2013 (CanCham Event)
Th, Jan 24 Idea Foundry • for Business Creation and Entrepreneurial Accelerator
Sa, Feb 9 – Su, Feb 17 TET Lunar New Year Holidays • 9 days • Plan ahead …
Su-Th, Feb 24-28 U.S. Chamber of Commerce Mission to Myanmar
Sa-Tu Mar 2 – 5 International Home + Housewares Show in Chicago
Th-Fr, Mar 21-22, 2013 APCAC Spring Conference
Mo-Tu, Apr 8-9 Asia Pacific Business Outlook, Los Angeles
Private Sector Minimum Wage Adjustment for 2013
“Watering Hole” Internet Attacks: The Elderwood Project (Symantec)
TPP vs. RCEP: A new Washington-Beijing tug-of-war?
ASEAN Secretary General: “South China Sea” risks becoming “Asia’s Palestine”
Chicago’s Mayor Emanuel to take 10-day trip with family to Vietnam
Foreign Direct Investment in Indonesia Rising Significantly: Up 22%

Events, Meetings, Activities, and Special Offers

AmCham Membership Directory 2013 to be printed in February, and delivered after TET. AmCham Members update or provide company profiles to Cindy Tran no later than December 30, 2012. As you plan your marketing activities, be sure to consider this annual publication which is used daily by members and employees at AmCham’s more than 700 member companies, with over 1,400 representatives.

Welcome to new AmCham companies 83 new companies have joined AmCham in 2012. Brief descriptions, activities, representatives’ names, and links to their web sites for additional information.

AmCham Governors’ Ball • Christmas in San Francisco Click the link for photo gallery, video clips, and list of winners of many wonderful prizes and silent auction items !!

Enjoy luxurious living and convenient working spaces at The Landmark Saigon Designed to meet the needs of international businesses, The Landmark offers 10,000 square metres of office space, 65 serviced apartments, a Health Club with a rooftop swimming pool and a squash court and superb views of the Saigon River, creating your home address in Saigon. The Landmark is now offering office spaces ranging from 100 to 600 square metres.

We, Jan 23 The Year Ahead: Summary & Outlook 2013 (CanCham Event) Well-known guest speakers from a variety of business sectors will share their outlooks, identify challenges and opportunities in the Year of the Snake.

Th, Jan 24 Idea Foundry – Support for Business Creation and Entrepreneurial Accelerator in Vietnam Realizing the similarity between Pittsburgh city economic development history and the current stage of Vietnam’s economic landscape, Idea Foundry, a non-profit-organization founded in 2002 in Pittsburgh, Pennsylvania, U.S.A would like to introduce our programs to Vietnamese entrepreneurs, to assist Vietnam in its long-term economic and social development process.

Sa, Feb 9 – Su, Feb 17 TET Lunar New Year Holidays • 9 days • Plan ahead … Traditionally there are four main holidays: TET New Year’s Eve (Sa, Feb 9, 2013), and TET New Year’s Day (The First ) (Su, Feb 10, 2013), Second (Mo, Feb 11, 2013), and Third (Tu, Feb 12, 2013) Days of TET Nguyen Dan. However, since two of the official holidays are on the weekend, the holidays are observed on Sat, Feb 9 – Sun, Feb 17 (nine days). The Vietnamese traditionally celebrate Tet for one month: from the fifteenth day of the twelfth lunar month to the fifteenth day of the first lunar month. And even today, business slows two weeks before and up to two weeks after TET. Plan ahead … TET is only 6 weeks away.

Feb 24-28 U.S. Chamber of Commerce Business Mission to Yangon and Naypyidaw, Myanmar The delegation will seek meetings with the U.S. Embassy and Myanmar’s key government officials to assess the business climate in Myanmar and discuss the challenges to the full normalization of economic relations. For more information, please contact John Goyer, U.S. Chamber of Commerce

Mar 2 – 5, 2013 International Home + Housewares Show 2013 in Chicago Join us as an Exhibitor or Attendee. 2,100 Exhibitors from 6 continents, 60,000 professionals from 125 countries. Contact [email protected] for more information. Profit from inspiring ideas, qualified partnerships and global innovation in the home and housewares industry. Your opportunity to see first-hand consumer lifestyle and product trends for all areas of the home, both inside and out, under one roof. Click this link to: watch the videos of the 2012 International Home + Housewares Show

Th-Fr, Mar 21-22, 2013 APCAC Spring Conference Join senior-level executives and other dignitaries from Taiwan and throughout the region, as well as the United States, for networking and in-depth discussion of key issues facing the multinational business community. The gala dinner on March 21, held jointly with Hsieh Nien Fan, will feature a keynote address by President Ma Ying-jeou.

APBO Asia Pacific Business Outlook 2013 Apr 8-9

 

 

Mo-Tu, Apr 8-9 Asia Pacific Business Outlook, University of Southern California The annual Asia Pacific Business Outlook is the premier conference for exporters and investors targeting Asian markets. Get key intelligence on 17 markets by choosing from 60 focused sessions and private one-on-one consultations.