Weekly Update Aug 29: Mission to Laos, Build Employer Brand, Talent Management, Real Estate


Fr, Sep 2 Vietnam’s National Foundation Day
We, Sep 7 Build Your Employer Brand
We, Sep 14 Sustainable Talent Management
Th, Sep 15 Real Estate Networking Night: Industrial Sector
Th, Sep 15 Annual Hospitality Management Conference 2011
Sa, Sep 17 International Coastal Cleanup Day
Mo, Sep 19 Economic Dynamism: Growth and Overcoming the Limits of Geography
Sa, Sep 24 – Sa, Dec 3 AmCham Scholarship 2011
We, Sep 28 AmCham Palooza Party
Southern Key Economic Region: Ports, Industrial Parks, Roads
Developing a 21st Century Workforce in Vietnam

May – Nov is Typhoon Season in the NW Pacific. On average, 27 tropical storms form in this basin every year. Click the link to visit our “Weather” page for updates on tropical storms.

Events, Meetings, Activities, and Special Offers for Members

Hawaii Executive MBA – Last Call for Fall 2011 Intake Apply Now! Vietnam citizens or foreign nationals living in Vietnam are welcome to apply, with classes typically made up of 40 – 50 students from around the world, with an average of 5 to 10 years of work experience.

In Sep, Food & Beverage Highlights at Sheraton Saigon Hotel &Tower One of the gastronomical events for the month of September is the Concha Y Toro Wine Dinner at Signature Restaurant for one night only, on Wednesday the 14th of September 2011. And much, much more, including Vietnamese specialities on Sep 2 (National Day), Moet & Chandon with Sunday brunches, Foie Gras on Friday and Lobster on Saturday at the Saigon Cafe, and the vibrant band Diesel at Level 23.

Until Oct 2, Legend Hotel Saigon’s Weekend Getaway Package The hotel is once again offering Vietnamese and expatriates residing in Vietnam with Weekend Getaway Package at only US$ 99++ per night for single or double occupancy in a Deluxe Room with several special benefits.

Fri-Sun, Sep 2-4, Vietnam National Day Celebration at Legend Hotel Saigon These holidays, surprise your family and friends with Saigon’s most spectacular international buffet added with local favorites at the hotel’s renowned Atrium Café.

We, Sep 7 Members Lunch: Build Your Employer Brand in Vietnam An employer brand is like a hair-style. All organizations have an employer brand whether they like it or not. Smart organizations take time to define a style for their brand which is easy to recognize and adds value to their goals and objectives. 

We, Sep 14 Sustainable Talent Management Strategy: Asia Pacific’s vs. Vietnam’s Perspective Talent management remains one of the most pressing and challenging issues for business leaders globally. With Asia Pacific being one of the fastest growing region and a rapidly ageing demographic, the war for talent is even more important to organizations in the region.

Th, Sep 15 Real Estate Networking Night: The Vietnam Industrial Sector – Today and Tomorrow Join us for our first ever exclusive Industrial market focused event and receive an update on Vietnam’s national industrial real estate market from Vietnam’s only dedicated Industrial property agency team CBRE and Mapletree Logistics, Vietnam’s largest logistics warehousing provider in HCM City.

Sa, Sep 17 International Coastal Cleanup Day, 2011 Please join us, and the global movement that is giving back to our ocean, by spending just one day cleaning up trash from our world’s waterways and oceans.

Mo, Sep 19 Economic Dynamism: Growth and Overcoming the Limits of Geography The future outlook of US, Europe and Asian economies; and at the end some comments on Vietnam

Sa, Sep 24 – Sa, Dec 3 AmCham Scholarship Program AmCham will grant scholarships to 40 top students in partnership with Vietnam National University – Ho Chi Minh City (VNU-HCM), Banking University, Foreign Trade University in Ho Chi Minh City, Ho Chi Minh City University of Law and Hoa Sen University.

We, Sep 28 AmCham Palooza Party at Moevenpick Hotel Saigon Monthly networking event for young professionals at the coolest and latest nightspots in Ho Chi Minh City. A platform to develop new friendships, and information exchange.

Oct 5-8 Expo 2011: Furniture & Handicrafts Fair with the latest and unique models, and diversified and skillful design. Also wood processing equipment and materials will be exhibited.

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

International Coastal Cleanup 2011 Photo Competition Capture the essence of the day. Conjure up some camera magic to convey the fun, team spirit of people from all walks of life coming together to collect coastal trash and make Vietnam’s beaches beautiful!

Vietnam inflation may have peaked; now the hard part “If lending interest rates are reduced in September, then higher credit and money growth fueling higher inflation will ensue.”

Price controls and inflation EIGHT years after imposing strict price controls on basic goods, Venezuela has the world’s highest inflation rate. By mid-2011, food prices in Caracas, the capital, were almost nine times higher than when the controls were introduced; wages had risen by 40% less. Recently, President Chávez has used decreed a “Fair Prices and Costs Law,” which in effect makes inflation illegal.

Vietnam electric power to be disrupted by gas field maintenance “Power demand is for sure decreasing as industrial growth is weak. So we take this opportunity to do the maintenance programme.”

Minimum Wage Adjustment for 2012 to be effective from Oct 5, 2011

Is Kansas pork in Vietnam’s future? “I wanted to see with my own eyes how you raise pigs here,” said Vietnam’s Ambassador to the U.S.

Gap Inc. Expands in Asia Pacific with First Stores in Vietnam and Guam A new franchise agreement with Imex Pan Pacific (IPP) will open Gap and Banana Republic stores.

Second Russian built-frigate, “Ngo Quyen,” joins Vietnamese Navy The modernization and expansion of its naval fleet during the past years reflects Vietnam’s efforts to establish a deterrence element. This includes an order for six Russian-built “Improved Kilo”-class diesel electric attack submarines (Project 636M) placed in 2010, which are expected to join the Vietnamese Navy at a rate of one submarine per year.

Beeline VN (telecoms) sponsors Manchester United in a 3-year contract “Football is the number one sport in Vietnam, and Manchester United has always been one of the most widely supported football teams in the world and Vietnam is no exception.”

Vietnam marks legendary general’s 100th birthday Giap later became a strong supporter of friendly ties between the U.S. and Vietnam. Since the two sides normalized relations in 1995, trade and investment has flourished.

Developing a 21st Century Workforce in Vietnam Vietnam’s top technical universities, working with universities in the U.S., Intel, and the U.S. and Vietnamese governments, have embarked on an ambitious initiative to modernize their engineering degree programs, in the “Higher Engineering Education Alliance Program.”

Vietnam Competitiveness Report, 2010 – Michael Porter, et. al. Vietnam’s growth since the mid-1980s has been driven by transition and structural change. More recently, the policy response mainly focuses on intensifying investment, especially in SOEs and infrastructure, to generate growth rather than on upgrading productivity and efficiency. But the economic logic behind this growth model ultimately has limited potential.

Vietnam Provincial Competitiveness Index, 2010 Using new survey data from 7,300 businesses in Vietnam that describe firm perceptions of their local business environments and hard data, the PCI 2010 continues to benchmark the capacity of local governments to develop regulatory environments for private sector development. The PCI 2010 report includes a special feature on survey results from 1,155 foreign invested enterprises.

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 for recent event information and to download presentations

Aug 133rd Vietnam Education Foundation Conference: AmCham Support for Education
Aug 11Members Lunch: Consumer Product Safety Commission
.Presentation: Improving Consumer Product Safety for Products Exported to the USA
.U.S. Consumer Product Safety Commission
Jul 7Crisis Management: How to Manage a Crisis that Hurts Your Company’s Reputation
.Presentation: Crisis Management
Jul 2Photo Highights: AmCham’s July 4th Picnic
Jun 17Members Night TPP Briefing & Networking
.Photo album (11 photos)
Jun 14World Blood Donor Day 2011
.News Highights: AmCham’s World Blood Donor Day

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.

Computing Tips from the AmCham Webmaster

Not receiving AmCham’s weekly update emails? Then, please check your spam of junk mail folder. To insure that you receive all future communication from AmCham, please add our email address to your address-book and to your “safe list” or “white list” (if applicable).

Weekly Update emails are sent from [email protected], If you use a SPAM Filter please add this address to your email address book or “Whitelist.”

Please click this link if you want to update your email address.

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