Weekly Update Apr 12: Intel’s Work Force Planning, Revised Labour Code Update, Real Estate Night

We, Apr 14 Intel Vietnam’s Work Force Planning

We, Apr 21 HR Committee Information Session: Revised Labour Code

We, Apr 21 Real Estate Networking Night: HCM City’s Bitexco Financial Tower

We, Apr 28 Young Professional Palooza Party

Events, Meetings, Activities, and Special Offers for Members

Apr 12 – 25, The Cupcakes Platter at Lobby Lounge of Caravelle Hotel. Enjoy our regular selection of British or Vietnamese High Teas or why not try a set of five delicious cupcakes with freshly brewed Lavazza Coffee or Ronnefeldt infusions. Our cupcake selection includes sweet bitter chocolate, tanguy lime sensation, Iranian pistachio, Swiss carrot and Asian lotus at VND 114,000 per person.

We, Apr 14 Intel Vietnam: Work Force Retention and Competitiveness – Competitive Pay and Emerging markets. Competitive pay is essential with a work force of highly qualified manufacturing technicians and engineers, which are critical to developing higher-value added manufacturing industries in Vietnam. Learn how Intel’s experience in Work Force Planning in other countries, such as Costa Rica and China, has informed planning for the new facility in Vietnam.

Apr 16 – 17, enjoy Toques et Clochers wine dinner at Signature restaurant, Level 23 at Sheraton Saigon Hotel. The dinner will be the perfect combination of the finest Limoux wine and the ultimate five course degustation menu designed by Guest Chef Jacques Pourcel, a three-star Michelin Chef from France.

Sa, Apr 17 Join VATC now for happy smiles of Vietnamese children!. Vietnamese American Vocational Training College (VATC) will hold its first ever art auction at its main campus on 8F, 21 Le Quy Don Street, District 3, HCMC to raise funds for Operation Smile.

Sa, Apr 17 Come to enjoy the New Zealand Wine & Food Festival from 4:00pm – 10pm at the Riverside Apartments, District 2. There are still a few tickets available and they will be available Monday to Friday next week between the hours of 9am and 12 noon (or until all tickets are sold out) at Frasers office on the 10th floor of Saigon Centre, 65 Le Loi Boulevard, District 1, Ho Chi Minh City.

APBO 2010 Asia/Pacific Business Outlook 2010 Mo-Tu, Apr 19-20 Asia/Pacific Business Outlook 2010 in Los Angeles. Access 15 Asia/Pacific Markets in 2 days! If you are doing business in the Asia/Pacific region, this is the one conference you can’t afford to miss. Find answers to your questions on 15 economies by choosing from 60 focused sessions and private one-on-one consultations. Get the latest information and connect with experts and insiders.

Apr 20 – 28, Celebrating Art and Cuisine at Square One, Park Hyatt Saigon. Chef Benjamin Attwater creates a harmonious journey of culinary and fine art in a special event – “Art and Cuisine” jointly organised with Ben Thanh Art & Frame. The story of each painting will be described and the dish is skillfully crafted to complement the artwork. This once-in-a-lifetime experience will be a memorable and exciting journey, the first in the city.

We, Apr 21 HR Committee Information Session. Get the lastest updates on key issues in Vietnam’s revised Labor Code and review what we have proovided to MOLISA on your behalf, especially on Labour Relation and Union requirements. Click for details and to register online.

We, Apr 21 Real Estate Networking Night: HCM City’s Bitexco Financial Tower. At 262 meters, HCM City’s Bitexco Financial Tower will be one of Vietnam’s tallest towers. Designed by New York architect Carlos Zapata Studio and carried forward by AREP of Paris, the design consists of 68 floors of office space, 6 basement floors of parking and a 5-floor retail podium. 100,000 square meters of commercial space will be created in the building. Turner International (New York) is providing construction management services and will provide highlights about the design and construction of this magnificent building.

We, Apr 28 Young Professionals Palooza Party at Martini Bar, Park Hyatt Saigon Enjoy the Young Professionals Palooza Party, a platform to develop new friendships, networking opportunities and information exchange.

Jun 21-24 The Vietnam Power Conference hosted with the cooperation of The World & Vietnam Report, Ministry of Foreign Affairs Vietnam, Asia Business Forum presents the themed of this conference “Securing Project Developments, Financing and Investment Opportunities in Vietnam Power”, will bring together more than 150 top industry leaders, financiers and key authorities to give the power sector an up-to-the-minute account of power generation developments and potentials in Vietnam. This conference addresses very topical and pressing issues that are critical to the understanding and meeting of the current market needs – from power generation, transmission and distribution.

Sa, 3 July 2010 Independence Day Family Picnic and BBQ Join us for an old-fashioned celebration with scrumptuous food, fun and games for children and parents, great door prizes, and good music at AmCham’s Annual Independence Day Celebration and Family Picnic. Limited to 650 AmCham Members and their Family and Guests.

Project 30 Update, Administrative Procedures Review The Prime Minister’s high profile campaign to simplify administrative procedures (“APs”) for businesses, is entering its final phase, when businesses will have one final opportunity to recommend burdensome APs be abolished.

Plan ahead. Click here to see all upcoming Events and Committee Meetings

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

News and Issues Updates

More labour inspections According to a MoLISA report, in 2009 there were 216 strikes in Vietnam, equal to 30 per cent of 2008’s total strikes. However, 157 of the 216 strikes were at foreign-invested enterprises, with 114 strikes staged at garments and textiles enterprises and 155 strikes at the country’s southern key economic region.

Business information is priceless: Dun & Bradstreet (D&B) opens in Vietnam Inquiries to D&B about Vietnam’s companies have risen by 100 per cent since 2005, 20 per cent higher than Thailand, and 20 percent growth year on year.

U.S. anti-dumping and anti-subsidy duties imposed on Vietnam’s PE bags According to the anti-dumping investigation, 16 Vietnamese manufacturers and exporters must pay a separate anti-dumping rate of 52.3%. All other Vietnamese producers and exporters receive a 76.11% rate.

Vietnam Prime Minister visits Myanmar for talks, economic pacts The visit comes ahead of a regional ASEAN summit in Hanoi on Apr 8, which Myanmar’s Prime Minister Thein Sein is due to attend. Myanmar’s pledge to hold elections later this year is likely to be a key issue at the meeting of the Association of Southeast Asian Nations (ASEAN).

Strike at Vietnam shoe factory in Dong Nai They were over 200 strikes in Vietnam last year, earlier media reports said, as workers – many of them in textile and footwear plants – struggled with fast-rising living costs.

Kobe Steel plans $ 1 billion iron plant in Vietnam Kobe Steel aims to start building the plant in the province of Nghe An in January 2011 and begin production in early 2013.

VSIP gets $ 30 million loan from Standard Chartered for project near HCM City The five Vietnam-Singapore Industrial Parks, three in the south and two in the north, are symbols of the economic co-operation and friendship between Vietnam and Singapore.

Vietnam growth quickens to 5.83% amid domestic demand Domestic demand is supporting the economy as the government tries to stimulate exports after the global slowdown reduced demand for Vietnamese-made products. An increase in credit growth to as much as 38 percent last year has had a “lagged effect” on the Vietnamese economy.

U.S. and Vietnan sign nuclear energy agreement Vietnam’s demand for power is expected to grow by 16 percent a year until 2015, according to government projections, and the country’s booming economy has made it difficult for supply to keep pace with demand. Vietnam has already signed nuclear energy cooperation agreements with Russia, China, France, South Korea, India and Argentina.

Click this link to read News Highlights: Business, Trade, and Investment in Vietnam and Asia.

Recent Events and Information Resources on AmCham Web Site

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. Also, you can see a list of people that attended the event, with links to their company contact information.

Click the following link to download the Presentations at the National Conference on Industrial Relations, Hanoi, Apr 1-2, 2010.

Online Membership Directory Looking for information on AmCham companies? Click here to browse the Online Membership Directory for information about and contact points for nearly 500 AmCham companies, and over 1,000 representatives. Members can contact other members by email via the AmCham web site. Also, links to company web sites for even more information about AmCham companies in Ho Chi Minh City.

Benefits and Services Review AmCham benefits and services and learn how you can benefit from Networking Online, with over 100,000 visitors and 260,000 page-views per month to www.amchamvietnam.com.

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

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