Weekly Update Aug 20: How to Successfully Penetrate the US Market, Members Night

Highlights

We, Aug 22 Morning Briefing: How to Successfully Penetrate the US Market
Th, Aug 30 U.S.-ASEAN Business Summit • Digital Economy
Mo, Sep 3 Vietnam’s National Foundation Day (observed)
Th, Sep 6 Dr. Le Dang Doanh: Revitalizing the Vietnamese Miracle
Th, Sep 6 Food Industry Summit, Jakarta, Indonesia
Sa, Sep 8 AmCham Scholarship Information Session
Welcome to new AmCham companies • Jan ~ Aug 2012
FDI into Vietnam continues to plunge in first seven months – down 67%
Viet Nam may run out of funds for pensions
Apparel firms lower export outlook
Why I’m leaving China … for India, Vietnam, and ASEAN
“South China Sea” • U.S. Department of State Press Release
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 63 new companies have joined AmCham in Jan-Aug. Brief descriptions, activities, representatives’ names, and links to their web sites for additional information.

Special Fare For AmCham Members from Korean Air Up to 13% discount for all AmCham members on fares to the United States, Korea, Japan and China. Save your traveling costs and enjoy excellent service with Korean Air.

Regus will help you work your way Regus provides modern, flexible workspace that frees businesses of all sizes, all over the world, to work more effectively. Companies can take a fully-equipped office, desks to use part time, rent a professional meeting room. However they use Regus, they get all the support a business needs.

Until Oct 31 Family Golf Getaway at The Nam Hai Treat the family to a memorable stay at The Nam Hai where children 12 years old and under will enjoy our complimentary stay-dine-golf special. Take pleasure in the resort’s luxurious villa accommodation, expansive public spaces, children’s facilities and have a fun-filled day at Montgomerie Links with our compliments.

Sa-Fr, Aug 18 – 24 Reflection Says Cheese Some of the world’s finest French cheeses will be on offer in the Caravelle’s flagship eatery. Of more than 400 regional varieties of cheese produced in France, Reflections has selected 15 as options for diners after dinner, or simply as complements to a fine glass of wine.

We, Aug 22 Morning Briefing: How to Successfully Penetrate the US Market Event is designed to help attendees pursue international contracts successfully; respond to customer demands effectively; and increase profits from international trade.

Fr-Sa, Aug 24 – 25 Family & Friends Private Sale at Hilton Hotel in Hanoi 2 days sales from 9:00am – 8:00pm. Great savings on Swarovski, Emporio Armani, and ALDO.

Th, Sep 6 Dr. Le Dang Doanh: Revitalizing the Vietnamese Miracle – Outlook for 2012-2013 Stabilization policies since Feb 2011 have slowed credit growth, inflation, and economic growth. However, lack of progress on SOE reform, plunging FDI, and continuing low productivity growth have led some observers to talk about “the end of the Vietnamese miracle,” as Indonesia, Bangladesh, Myanmar seem more attractive investment destinations than Vietnam. What steps can government and business take to revitalize Vietnam’s “economic miracle” of stable and sustainable economic growth? And how will this affect your business, and trade and investment between Vietnam and the U.S.?

Th, Sep 6 Food Industry Summit, Jakarta: A Shared Vision in ASEAN To foster dialogue between leading industry associations in Asia, and share experiences of trade and regulatory priorities.

AmCham Scholarship 2012 • Sep – Nov 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

Anh Viet Media TV & Tourist makes your business better Anh Viet has more than 12 years of experience in media business. We understand the need of making your brand better. Our media services include: Press conferences, Samplings, Activations, Seminars. In addition, Anh Viet is also a representative tourism organization, providing MICE travel, Visa – passport service, Air – train tickets.

Apparel firms lower export outlook The apparel industry accounts for 15-16 per cent of Vietnam’s total exports, and employs 2.5 million workers. The industry’s long-time advantage of cheap human resources has also mostly evaporated. In the first seven months, the sector’s export growth was at 8.8 per cent, much lower than the country’s general year-on-year export growth of 19 per cent.

Why I’m leaving China … for India, Vietnam, and ASEAN The hassles and problems have been absorbable, but the greater opportunities lie elsewhere: India, Vietnam and Southeast Asia. We are today an Asian practice, not a China focused one.

“South China Sea” • U.S. Department of State Press Release As a Pacific nation and resident power, the United States has a national interest in the maintenance of peace and stability, respect for international law, freedom of navigation, and unimpeded lawful commerce in the South China Sea.

More Asian nations passing own anti-corruption laws, says report The FCPA and UKBA remain the key drivers of anti-corruption reform in Asia, but firms have to deal with an increasing amount of similar local regulation.

Pfizer and subsidiaries settle FCPA Charges for $ 60.2 million “Pfizer took short cuts to boost its business in several Eurasian countries, bribing government officials in Bulgaria, Croatia, Kazakhstan and Russia to the tune of millions of dollars. The Department of Justice recognizes the significant efforts the company made to eliminate such improper practices, not only by implementing compliance reforms, but also by assisting U.S. authorities in our ongoing FCPA investigations of other companies and individuals.”

FDI into Vietnam continues its plunge during first seven months – down 67% year-on-year New FDI reached $ 5.2 billion, or about 56 per cent of the number at the same time last year. Expanding capital in existing projects “surged” by 5.2%

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

How to successfully penetrate the U.S. market
Dr. Le Dang Doanh: Revitalizing Vietnam’s Economic Miracle
Welcome to new AmCham companies • Jan ~ Aug 2012
FDI into Vietnam continues to plunge in first seven months – down 67%
Viet Nam may run out of funds for pensions
Vietnam the next upcoming market: consumer spending to increase 42% 2012-2016
AmCham Scholarship Program 2012 Information Session
National Foundation Day, Sep 2 (observed Sep 3)
Th, Sep 6 Food Industry Summit
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.

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 about 1,000 representatives of nearly 500 AmCham companies, plus about 3,000 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).