Weekly Update 2006-09-04 U.S. Treasury Secretary to visit Vietnam Sep 7-8

U.S. Treasury Secretary Paulson will attend the APEC Finance Ministers meeting in Hanoi Sep 7-8, according to a Treasury Department press release. Click here for details on this and other AmCham and Vietnam Related News Highlights.

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

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 the ad at right for more information and to register on-line.

PNTR and WTO Accession – will be influenced by U.S. General Elections on Nov 7

Congress returns from its August “District Work Period” this week for a one month session before the October 6 target adjournment to prepare for the November 7 U.S. general elections. After a year of political turmoil, Republicans enter the fall campaign with their control of the House in serious jeopardy, and the possibility of major losses in the Senate. Two independent political analysts have forecast a narrow Democratic takeover of the House of Representatives, if current political conditions persist. Read more … Two U.S. Senators have put a “hold” on PNTR legislation. Please click here for an update and background information: PNTR and WTO Accession.

In Geneva, additional informal meetings are planned and formal WTO Working Party talks to resolve remaining issues from the WTO 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 October 10-11, or December 20-21.

Sep 28 is the inaugural meeting of the new Logistics and Supply Chain Management Committee. Mark your calendars now.

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.

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

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Weather in Vietnam and Western Pacific (satellite views, current and forecast weather, 5-year averages)