How Xi Jinping’s colleagues rejected an “unequal” trade deal … ?

Early in May 2019,, the Chinese government sent the U.S. a trade deal draft that had been slashed from 150 pages — painstakingly assembled by both sides over five months of negotiations — to 105. The move riled U.S. President Donald Trump and brought progress on the trade talks to a screeching halt, as Beijing surely knew it would. Read more

Câu hỏi thường gặp của Chương Trình Học Bổng Nữ Sinh Viên Kỹ Thuật AmCham

Vietnam Airlines to launch direct flights to USA

The carrier would begin with four flights a week to Los Angeles and later daily flights to the West Coast, which is home to a large Vietnamese-American community.

Direct services are expected to cater to the large demand for travel between the two countries. The number of Americans visiting Vietnam grew by 11.9 percent last year to 687,000, according to the Ministry of Culture, Sports and Tourism.

An ethnic Vietnamese population of over 2.1 million in the U.S. is also expected to be a steady source of travel demand, industry insiders said.


ANA expands links to Southeast Asia with PAL investment

TOKYO — ANA plans to acquire a 10% stake in PAL Holdings, the parent company of Philippine Airlines, in a deal valued at 10 billion yen ($91 million). The investment in the Philippines’ largest carrier would follow ANA’s acquisition of an 8.8% stake in Vietnam Airlines in 2016 as the Japanese airline moves to gain footholds in faster-growing markets. ANA seeks to cater to the rising number of Southeast Asian business people and tourists visiting Japan. Read more

Seaports and Supply Chain Orientation Visit to L.A., Aug 3 -11, 2019

(photo) Puma’s North America distribution center near the Port of LA is the largest robotic Autostore System in the United States. The Ductilcrete concrete system was used to achieve a ‘superflat’ floor within the existing building, as well as provide structural perimeter support for the prefabricated vertical aluminum Autostore System. This was necessary to allow for the smooth operation, both vertically and horizontally, of the 170 robots that store and retrieve Puma merchandise to be shipped.

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Orientation Visit Travel Package

Seaports and Supply Chain Orientation Visit

The below items are included in the travel package

  • Airline Round-trip air Travel: (economy class) on ANA (HCMC-Tokyo) and United Airlines (Tokyo-L.A.). Business class is available for a modest extra charge.
  • Accommodations: 8 nights (Aug 3 -10) at the exclusive private Jonathan Clubin L.A.
  • Program organized by USC Marshall Center for Global Supply Chain Management
  • International Executives Orientation Program, Mo – We, Aug 5 – 7, 2019 (see agenda)
  • VIP Networking Reception, USC Town & Gown, Aug 7, 2019(USC Vietnamese student volunteers will help facilitate conversations)
  • Global Supply Chain Excellence Summit, Th-Fr, Aug 8-9, 2019 (see agenda)
  • Informal networking opportunities to discuss business with U.S. prospective partners, investors, Scheduled individual business meetings on Aug 9.
  • Trip Insurance from Chubb International: covers illness, accident, flight cancellation, etc.
  • Airport Transfers: from LAX to Jonathan Club on arrival, Aug 3; Jonathan Club to LAX on departure, Aug 11
  • Event travel: from Jonathan Club to USC Marshall Center for Global Supply Chain Management and return daily by private coach, M-F, no hassle with taxis, uber, etc.
  • Facilities visits: private coach group transport to facilities visits, L.A. Port, Puma Distribution Center, Walmart Distribution Center, etc.
  • Organizer/escort: Herb Cochran, AmCham Senior Advisor, and his assistant will accompany and assist the group.
  • Two Vietnamese simultaneous interpreters from CMT will accompany and interpret conference presentations into Vietnamese for group members with radio transmitters and light-weight headsets, to improve understanding.
  • The following items are not included:

    • Sat, Aug 10 – optional tours to be organized by travel agencies.
    • Visa application and application fee ($160),although AmCham Senior Advisor and assistant will help and provide letter of introduction/support to U.S. Consulate General.
    • Per diem meals and incidental expenses ($66/dayaccording to U.S. Government Standard Travel Regulations). Participants should have USD cash or credit cards to cover meals and beverages at the Jonathan Club, etc.
    • Items not specifically mentioned in the “items included” section above.

    Fee*:   $8,800    – Economy class  air travel

    $10,300  – Business class air travel

    * based on 15~20 members in group, If we don’t have a minimum of 15 members, visit will not be offered..

    Payment:         Application form with 50% deposit by            June 19, 2019

    Final, complete payment by                           July 5, 2019

    Remitpaymentvia      ELEQTRONICWIRETRANSFER

    Account Name: “AmCham Ho Chi Minh City”
    Account Number: (VND) 0-300044-093
    Bank Name: Citibank HCM
    Bank Address: 115 Nguyen Hue, Dist. 1, HCMC
    Swift code: CITIVNVXHCM
    Routing number: 36112848

    Five key questions for Vietnamese entrepreneurs

    When seeking business appointments for trade, investment, merger/acquisition, operations support.

    Khi tìm kiếm các cuộc hẹn kinh doanh cho thương mại, đầu tư, sáp nhập/mua lại, hoạt động hỗ trợ.

    Xin vui lòng cung cấp câu trả lời cho những câu hỏi sau đây để chứng minh  Bona Fides và khả năng công ty của bạn


    1. What were your company’s revenues for each of the last three years, 2018, 2017, 2016?
      Doanh thu của công ty bạn trong ba năm qua là gì?


    1. What were your Earnings Before Interest and Taxes (EBIT) for each of the last three years, 2018, 2017, 2016?
      Thu nhập của bạn trước lãi suất và thuế (EBIT) trong ba năm qua là bao nhiêu?


    1. Please provide audited financial statements for the last three years, 2018, 2017, 2016
      Vui lòng cung cấp báo cáo tài chính đã được kiểm toán trong ba năm qua

    1. What is your company’s D-U-N-S Number? Số D-U-N-S của công ty bạn là gì?

    1. What is your company’s value proposition? … why should we trade with, invest in/ acquire your company? What projects are planned?

    Đề xuất giá trị công ty của bạn là gì? Tại sao chúng ta nên giao dịch, đầu tư vào / mua lại công ty của bạn? Những dự án được lên kế hoạch?

    Theodore Osius, 2018 Board of Governors Biographic information

    Ted Osius
    Ambassador (ret.)
    Vice President, Fulbright University Vietnam

    Former Ambassador Ted Osius joined the leadership team of Fulbright University Vietnam in January 2018. He retired from the State Department in 2017 after nearly thirty years as a diplomat. From 2014 to 2017, he served as U.S. ambassador to the Socialist Republic of Vietnam. During his tenure, he devised and implemented strategies to deepen security ties, sign tens of billions worth of commercial deals, expand educational exchange, and pin down agreements on trade, law enforcement, environmental protection, and addressing honestly a difficult past. Ambassador Osius’ leadership helped bring about a transformation in U.S.-Vietnam relations.

    Earlier, Ambassador Osius was associate professor at the National War College and Senior Fellow at the Center for Strategic and International Studies. He served as Deputy Chief of Mission at the U.S. Embassy in Jakarta, Indonesia, and Political Minister-Counselor at the U.S. Embassy in New Delhi, India. Ambassador Osius also served as deputy director of the Office of Korean Affairs at the U.S. Department of State, regional environment officer for Southeast Asia and the Pacific, and senior advisor on international affairs at the Office of the Vice President.

    Early in his career, Ambassador Osius helped open the U.S. Consulate General in Ho Chi Minh City and was one of the first U.S. diplomats at the U.S. Embassy in Hanoi. Prior to joining the Foreign Service, he worked in the Office of U.S. Senator Al Gore, and as a presidential intern at the American University in Cairo, Egypt. He earned a Bachelor’s degree from Harvard University and a Master’s degree from Johns Hopkins University’s School of Advanced International Studies. He received an Honorary Doctorate from Ho Chi Minh City University of Technology and Education.

    Ambassador Osius serves as a member of the Board of Governors of the American Chamber of Commerce Vietnam. He chairs the Education Committee, which seeks to boost educational innovation for the betterment of Vietnamese society. Ambassador Osius loves travel, biking, sailing, theater and photography. He is married to Clayton Alan Bond; the couple has a three-year-old daughter and four-year-old son.

    Michael Kelly, 2018 Board of Governors Biographic information

    Michael Kelly
    Ho Tram Project Company

    Michael serves as the Executive Chairman of the Board of Directors, CEO and General Director of Asia Coast Development Ltd and the Ho Tram Project Company. The Ho Tram Project Company wholly owns and operates The Grand Ho Tram Strip (most awarded hotel/resort in Vietnam) and the Bluffs Golf Course (ranked #74 in the World) in Ba Ria – Vung Tau province. The project is the largest foreign tourism project in Vietnam with approximately $1 billion deployed and committed to date. The Grand is also the largest private equity investment in Vietnam to date.

    Michael has approximately 30 years of experience in the hospitality/casino industry in both the private and public sectors and has served as the CEO, COO and/or CFO of some of the largest hospitality companies in the United States. Prior to relocating fulltime to Vietnam in 2015, Michael owned and operated two integrated resorts in North America. He earned a B.S. in Business Administration from Villanova University (USA).

    He strongly supports the government’s desire to increase foreign direct investment into the country and to grow tourism to approximately 10 percent of GDP over the near future. Michael says it has been an honor to serve as AmCham Vice Chair this year and he looks forward to working with AmCham members to further foster and deepen the economic, social and business ties between Vietnam and the United States.