Weekly Update Aug 2: Legal Committee, U.S. Import Requirements, Palooza, Voter Registration

Tu, Aug 3 Legal & VBF Committee Meeting

Th, Aug 12 How to meet new U.S. import requirements for quality, safety, labor and environment

We, Aug 25 AmCham Young Professionals Palooza Party

Project 30: Administrative Procedures Reform: Update (Jun 15, 2010)

Two Web Sites for Overseas U.S. Voters: Online Voter Registration & Ballot Delivery

Events, Meetings, Activities, and Special Offers for Members

Aug 2-15 Champagne & Chocolate dipped Strawberries at Caravelle Hotel Certain ingredients will always be considered romantic. Chocolates, strawberries and champagne – what better way to treat the one you love? A chilled glass of Mumm Champagne and half a dozen sweet ripe strawberries dipped in the most exquisite chocolate. Together they sound like the start of a night to remember in our Lobby Lounge.

Tu, Aug 3 Legal & VBF Committee Meeting to discuss status of Project 30, International Energy and Infrastructure Arbitration, and U.S.-Vietnam trade agenda (including Trans-Pacific Partnership and Bilateral Investment Treaty).

Th, Aug 12 How to meet new U.S. import requirements for quality, safety, labor and environment Requirements imposed on U.S. imports from Vietnam are becoming more diverse. In addition to requirements relating to product quality and safety, labor and environmental standards are increasing and getting stricter. There are both “government requirements” such as the “Consumer Product Safety Improvement Act” (CPSIA) as well as “market requirements” based on consumer trends, such as the “Sustainability Product Index.” At this event, you will learn how exporters in Vietnam can address the latest requirements, become more competitive, and increase their sales.

Bachelor Degree of International Business: Hoa Sen University in partnership with Paris – Est Créteil University (UPEC) Focusing on Asia Markets, the international business curriculum covers the fundamentals of business administration, with an emphasis on international business. Students will learn how to analyze global trends and national settings so as to identify the optimal approach to foreign market penetration. Specific issues covered include cultural, economic, import-export, outsourcing, etc… Application deadline for intake 2010 -2011 is August 14th.

Legend Hotel Saigon’s Weekend Getaway Package Due to great response to the package, Legend Hotel Saigon has just confirmed to extend its validity two more months longer until 5 September 2010. Available for Vietnamese people and expatriates residing in Vietnam, the package is priced at only VND 1,881,000++ (US$ 99++) for single or double occupancy in a Deluxe Room for the first night, VND 1,661,000++ per night for following nights and VND 1,661,000++ per night for an additional room with several special benefits.

We, Aug 25 AmCham Young Professionals Palooza Party A platform to develop new friendships, networking opportunities and information exchange.

Project 30: Administrative Procedures Reform: Update Vietnamese citizens and businesses have high expectations for Project 30 with its enormous target of reducing administrative procedures (APs) to save AP compliance costs, ensure openness and transparency of the administrative system, and to overcome needless and costly red tape.

Two Web Sites for Overseas U.S. Voters: Online Voter Registration & Ballot Delivery

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

Vietnam’s Socio-Economic Development Strategy for 2011-2020 Essential reading for any serious student of Vietnam’s policy formation process, and an important public document designed to frame informed debate. It is a key step in the preparation for the eleventh national congress of the ruling Party that will convene in January 2011.

National Assembly delegates reject high-speed railway project The decision not to approve the government’s resolution high speed railway was a great surprise for both delegates and their constituents. People have become used to the idea of the NA just accepting the government’s submissions.

Real Estate: Positive Outlook As Absorption Increases (CBRE) latest Ho Chi Minh City real estate market trends in the office and the residential segments.

Vietnam’s Low Costs Lure Manufacturers Away from China (Video)

Fitch downgrades Vietnam’s rating; experts in Vietnam disagree International credit rating agency Fitch announced that it had downgraded Vietnam’s foreign and local currency sovereign rating to B+ from BB-, a move which is rejected by several local and international experts.

Vietnam and TPP (Trans-Pacific Partnership Trade Agreement) The TPP negotiating partners currently include Australia, Brunei Darussalam, Chile, New Zealand, Peru, Singapore, Vietnam, and the United States. U.S. participation in the TPP Agreement is predicated on the shared objective of expanding this initial group to additional countries throughout the Asia-Pacific region, and several have already expressed interest in potentially participating in the agreement.

Clinton urges legal resolution of Eastern Sea Dispute: says claimants should pursue their disputes in accordance with the United Nations Convention on the Law of the Sea rather than through coercion.

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 links to download the

Project 30 Updates: Prime Minister’s Advisory Council on Administrative Procedures Reform, Jun 15, 2010.

“China Plus One = Vietnam and ASEAN Presentation at Asia-Pacific Business Outlook, Apr 19, 2010.

Real Estate Market Update Presentation by CBRE Vietnam at Real Estate Networking Night, Apr 21, 2010.

Bitexco Financial Tower in HCM City Presentation by Turner International at Real Estate Networking Night, Apr 21, 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).