Weekly Update Apr 16: Protect Brand Value, Palooza

Highlights

HCM City & S. Key Economic Region Infrastructure: Ports, Industrial Parks (update)
Welcome to new AmCham companies • Jan ~ Apr 2012
Member Survey 2012
AmCham Vietnam Direct Selling Committee – About Us
Tu, Apr 17 Legal Committee Meeting
We, Apr 25 Business Lunch: World IP Day – Protecting Your Brand Value in Vietnam
We, Apr 25 AmCham Palooza Party
ADB: Asian Development Outlook – Vietnam Outlook 2012
World Bank: “Vietnam Urbanization Review”
FDI Rivals Turn Up the Heat on Vietnam
Bangla Desh: the Next Apparel Sourcing Hot Spot? (McKinsey)
Advance Notice: Sep – Dec AmCham Scholarship 2012
Tu, Nov 6, U.S. General Elections Day • U.S. Voter Registration Web Sites

Events, Meetings, Activities, and Special Offers

Welcome to new AmCham companies 25 new companies have joined AmCham in Jan-Apr. Brief descriptions, activities, representatives’ names, and links to their web sites for additional information.

Mercer Banner A

Mercer Total Remuneration Survey is highly regarded as the biggest and most comprehensive remuneration survey in Vietnam. In 2011: • 329 organizations participating • compensation data of 90,282 employees • more than 1197 positions

Hertz and ITL Partner in Vietnam on Outbound Car Rentals The Hertz Corporation (NYSE:HTZ), the world’s largest general use car rental company, has appointed ITL, a premier logistics, transportation and aviation services provider, as its General Sales Agent (GSA) representative for international and business travelers from Vietnam.

AmCham Vietnam Direct Selling Committee – About Us Misson Statement: “To protect, serve and promote the effectiveness of member companies and the independent business people they represent. To ensure that the marketing by member companies of products and/or the direct sales opportunity is conducted with the highest level of business ethics and service to consumers.” Direct Selling companies achieved revenues in Vietnam of over $ 133 million, with over 900,000 persons participating in the industry.

We-Tu, Apr 18 – 24 Sweet Pavlova Promotion at Lobby Lounge – Caravelle Hotel A light meringue cake with a crisp outer crust, each Pavlova comes freshly baked with a choice of decadent toppings such as cream patisserie, caramelized bananas, toffee sauce, almonds, sliced kiwi, pistachio powder, white chocolate shavings and roasted hazelnuts.

Fr-Th, Apr 20 – 26 Lobster & Champagne at Reflections Restaurant, Caravelle Hotel Fresh from the briny blue sea, Nha Trang lobsters star in a special a la carte menu at Reflections Restaurant, from April 20 to 26. Priced from VND 720,000 for a half lobster, to VND 1,450,000 for a whole lobster, diners can have their crustaceans prepared any of eleven ways, in appetizers, mains or soups, including butter-poached, seared and lobster Thermidor.

We, Apr 25 Business Lunch: World IP Day – Protecting Your Brand Value in Vietnam To commemorate World Intellectual Property Day, AmCham HCMC and Southeast Asian law firm Tilleke & Gibbins are joining forces to host a seminar on counterfeit goods and intellectual property rights (IPR) in Vietnam, featuring guest speaker Dr. Pham Hong Quat from the Ministry of Science and Technology.

We, Apr 25 AmCham Palooza Party at Orientica Restaurant, Hotel Equatorial AmCham will continue its series of monthly networking events for young professionals at the coolest and latest nightspots in Ho Chi Minh City.

Advance Notice: Sep – Nov AmCham Scholarship 2012 AmCham will grant scholarships to up to 45 top students from universities in HCM City.

Tu, Nov 6, U.S. General Elections Day • U.S. Voter Registration Web Sites More than 6 million Americans live overseas. If the overseas American community were a state, we would be the 18th most-populous state in the union. Our votes count … click the link to register online, get a ballot, and vote.

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

Local students take part in Community Service and Leadership Training Conference Over 300 students, teachers and community leaders from schools all over HCM City gathered to share ideas and work together to explore problems we face as global citizens, as part of the International School Ho Chi Minh City (ISHCMC) Global Issues Network’s 1st Annual Conference. The theme of the conference was “Using our differences to make a difference.”

ADB: Asian Development Outlook 2012 – Vietnam Outlook Safeguarding the banking sector should be the immediate priority. The longer-term requirement is to develop a diversified and efficient financial system that can mobilize the funding to meet the 7-8 percent economic growth target. These complex reforms, which will take years to complete, would benefit from coordination with the proposed restructuring of SOEs.

World Bank: “Vietnam Urbanization Review” the report aims to provide a better understanding the key dimensions and aspects of Vietnam’s urbanization process, and identifying trends, opportunities, challenges, and core policy priorities for Vietnam.

Global Mobility Trends and Immigration Implications in Vietnam, Apr 23, 2012 Regulatory requirements, clarifying some myths, sharing best practices for international employees and employers. Anh Vo, GMS, General Manager, Santa Fe Relocation Services.

China + One = Vietnam and ASEAN ASEAN has the third-largest economy in Asia, after Japan and China. U.S. foreign direct investment (FDI) into ASEAN totaled $130 billion in 2007, the largest destination for U.S. FDI in Asia, and has grown 55% since 2004. As a developing region, ASEAN per capita income is low but its GDP is rapidly growing: an almost 170% increase over the past decade.

FDI rivals turn up the heat on Vietnam Vietnam dropped from 12th to 14th ranked on the FDI Confidence Index, while Indonesia, Malaysia, and others moved up. The Index is a regular survey of global executives conducted by A.T. Kearney. Companies participating in the survey account for more than $ 2 trillion in annual global revenue.

FDI: strong driving force for Vietnam’s economy “Without FDI, the nation’s economy must have stood at about a meager growth rate of 3-4% annually for the last 25 years,” said Professor Nguyen Mai, chairman of the Vietnam Association of Foreign Invested Enterprises.

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

Last week’s most popular links to events and articles

HCM City & S Key Economic Region Infrastructure: Ports and Industrial Parks (update)
Welcome to new AmCham companies • Jan ~ Apr 2012
Myanmar: the Next Tiger? Hub for Low-cost Manufacturing (BusinessWeek)
Social Business 2012
FDI rivals turn up the heat on Vietnam
AmCham Palooza Party, April 25, 2012
Bitexco Financial Tower: a new Ho Chi Minh City Icon
We, Apr 25 Business Lunch: World IP Day – Protecting Your Brand Value
Bangla Desh: The Next Hot Spot in Apparel Sourcing? Projected to Surpass VN
Amazing offers for your summer holidays from Quatar Airlines
Other popular information downloads

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

Click the following links for recent event information and to download presentations and view photos.

Preemployment Screening and Due Diligence in Vietnam
Presentation – Brian Dougherty, Hill & Associates
CBRE Fearless Forecast Feb 2012: Real Estate Overview
Greater Mekong Subregion Road System
House Ways & Means Committee Tax Reform Proposal • video and background
Other Event Presentations, Videos and Downloads

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 250,000+ visitors and 350,000+ 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 5,000 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).