Weekly Update Aug 9: U.S. Import Requirements, Project 30, TPP, Palooza, Ports & Infrastructure

Th, Aug 12 How to Meet New U.S. Import Requirements for environment, quality, safety, and labor

We, Aug 25 AmCham Young Professionals Palooza Party

Project 30: Administrative Procedures Reform: Update (Jul 20, 2010)

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

Vietnam and the TPP Trans-Pacific Partnership Trade Agreement

Southern Key Economic Region: Ports, Industrial Parks, and Other Infrastructure

Events, Meetings, Activities, and Special Offers for Members

Mo, Aug 9 Wharton Full-Time MBA Presentation You will learn more about whether an MBA and an MBA from Wharton is right for you. Meet members of the Wharton community and discover our distinctively collaborative environment, innovative learning, global access, and diversity of talent that places you at the leading edge of new ideas that shape worldwide practice in the business, non-profit, and government sectors.

Mo- Su, Aug 9-22 Amuse Bouche Menu at Caravelle Perfectly selected by Chef Darren Watson, the menu emphasizes small and intensely flavored dishes. Starting from appetizers to main courses and desserts, simple offerings show up imagination and inspiration.

Th, Aug 12 How to meet new U.S. import requirements for environment, quality, safety, and labor 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” (Wal-Mart’s “15 Questions”) At this event, you will learn how exporters in Vietnam can address the latest requirements, become more competitive, and increase their sales.

New musical talent in town at InterContinental Hotel Visit Purple Jade and enjoy the musical talents of famous Canadian singer Karen Manion, who sings your favorite hits from today and days gone by. She joins us from stages from London to Niagara and from Toronto to all corners of South East Asia.

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.

Enjoy more authentic Chinese Noodle at Yu Chu Restaurant Choose any dish from the Noodle Temptation menu with only VND 180,000++/person. The sumptuous set menu also comes with one Shanghai dumpling, Yu Chu’s dessert of the day and favorite Chinese tea with our compliment.

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 (July 20, 2010) 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

Saving energy for a greener future HSBC Vietnam targets to cut 8% of energy use, 11% of water, 10% of wastes and 6% of exhaust fumes discharged to the environment from now to 201.

Experts say competitive electric power market needs more conditions “Vietnam needs to create competition in three main phases of the electricity industry comprising power generation, distribution and trading,” said Tran Viet Ngai, chairman of Vietnam Energy Association.

Cisco and Hong Ngoc Launch Vietnam’s First “Connected” Hospital

U.S., Vietnam in Nuclear Fuel and Technology Talks Vietnam and the U.S. signed an initial memorandum of understanding in 2001 to pursue cooperation on securing fissile materials and developing civilian nuclear power. In recent months, talks have accelerated, aimed at completing a deal to allow for the exchange of know-how and cooperation in security, storage and educational areas.

Taiwan targets Vietnam, Indonesia for Trade Pacts A trade deal with Singapore is expected to serve as a foundation from which Taiwan can build closer commercial ties with other trading partners. Taiwan is pursuing a “high quality” trade agreement with Singapore, and indicated that the agreement is expected to “accomplish its goal in one step.”

High-ranking Vietnamese officers visit US aircraft carrier in Eastern Sea The supercarrier USS George Washington cruised Sunday in the Eastern Sea, about 200 miles (320 kilometers) off the central coast city of Danang, came to Vietnam following four days of high-profile military exercises last month with South Korea.

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.

Vietnam and the Trans-Pacific Partnership (TPP) 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.

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.

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

Last week’s most popular links to events and articles

Wed, Aug 25 Young Professionals Palooza Party
Tue, Aug 3, Legal & VBF Liaison Committee
Thu, Aug 12 How to meet new U.S. import requirements
Caravelle Hotel – Champagne & Chocolate Dipped Strawberries, Aug 2 – 15
Vietnam’s Socio-Economic Development Strategy for 2011 – 2020
Real Estate: Posititive Outlook as Absorption Increases (CBRE)

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).