Weekly Update Dec 08: Membership Directory, Annual General Meeting, Christmas

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

Upcoming Events and Activities

Plan ahead. Click here to see all upcoming Events and Committee Meetings

List of Governors Ball Raffle Prize Winners Please click the link to see a list of winning ticket numbers. If you are a winner, please contact the AmCham office to arrange to pick up your prize.

Megan Burtt at the Park Lounge, Park Hyatt SaigonMegan Burtt at the Park Lounge . Park Hyatt Saigon is delighted to introduce Megan Burtt from Colorado, USA, who will provide live entertainment in the Park Lounge every evening (except Tue) until 12 Jan 2009.

We, Dec 10: AmCham Annual General Meeting and Members Night Join other AmCham members and guests to review the year’s activities, Report of the Board of Governors, etc., and election of members to the Board of Governors, then enjoy a Members Night Networking Cocktail Party. Spouses are welcome and encouraged to attend ! Voting members – check your email for username and password to vote online.

Mo-Tu, Dec 15-16: Master Franchise Opportunities from the USA Prominent U.S. franchisors in business to business signage solutions, children’s creative arts, and niche restaurant brands are coming to Ho Chi Minh City to meet with investors and business development entrepreneurs interested in acquiring exclusive Master Franchise rights for Vietnam. Interested parties with sufficient investment capability may schedule private meetings to learn more about these excellent commercial opportunities and speak with the franchisors’ representatives.

Th, Dec 25 Christmas 2008 (U.S. Holiday) Just two weeks before Christmas, it’s time to learn more about the holiday and to get in the spirit. Click the link to read more, and listen to some Christmas music.

Exclusive Renaissance Riverside Hotel Holidays Escape Package and Christmas/New Year’s Festivities Celebration Take advantage of this special offer and enjoy a relaxing stay with partner or friends at the Renaissance Riverside Hotel Saigon. A great Renaissance Experience awaits you. Togetherness is what the festive season is all about. Celebrate 2008 Christmas and New Year 2009 with family and friends in real “Renaissance style.”

The festive tables will be laden with an array of traditional and innovative delicacies, take away ginger bread houses (Christmas Eve), children gifts, party makers, live music and roving magician will make it a festive celebration to remember.

Th-Fr, Jan 15-16: Ambassador’s Education Conference in HCM City. Registration Deadline Dec 15, designed to bring together representatives from American universities, colleges, companies, and NGOs active in higher education in Vietnam and representatives from Vietnamese universities and colleges to explore partnership successes and map out future partnership strategies. Please register early, since space is limited.

Fr-Su, Feb 13-15 Dalat Winter Weekend and Roundtable discussion of key issues for U.S.-Vietnam trade and investment in 2009. Join AmCham Governors and other members for a networking weekend, with excursions, golf tournament, and spa. The Sofitel Dalat Palace epitomizes the seductive charm of Dalat. It is one of the few remaining historical hotels in Asia, and offers the finest in European atmosphere, amenities and service. Spaces are limited, so early registration is advised.

All upcoming events …

News and Issues Updates

Japan suspends official development assistance for Vietnam “Until effective and meaningful measures against corruption can be worked out through this joint committee, it would be difficult to regain the support from the Japanese public for further assistance to Vietnam and we are unable to pledge new yen loans,” the Japanese Ambassador said.

Vietnam far from a modern economy What most attracts many foreign investors is the potential. Vietnam has some of the most favourable demographics on the planet: 85 million people, three-quarters of whom are not yet 35-years old. The average age is just 25. There are one million Vietnamese babies born each year and one million people joining the workforce every 12 months. There are high levels of education, literacy, and English. And in Ho Chi Minh City and Hanoi at least, per capita GDP has already passed US$ 1,000—the magic mark that is often perceived to be the first step toward a modern consumer society.

Top-notch Vietnamese software BKAV raises antivirus bar The BKAV security software currently enjoys about 10.5 million users and more than 110,000 downloads daily. Currently, Vietnam has about 20 million Internet users and counting (out of a population of about 85 million), according to the Vietnamese Ministry of Information and Communication.

Manufacturing & Distribution Working Group Statement at the Vietnam Business Forum, Dec 1, 2008 In the face of the deteriorating external environment, Vietnam needs to focus on maintaining its competitiveness in world markets now more than ever before to avoid a serious setback to its social-economic development plans. It can also mitigate the impact of these external problems by stimulating domestic growth, and this can be done easily by creating a more enabling environment for enterprises and by allowing private sector investment in infrastructure to help stimulate the domestic economy.

Prime Minister requests harmonious labor relations, stable investment environment, social order Action Plan for the implementation of Directive No. 22-CT/TW dated 05 June 2008 of the Secretariat of the Central Committee on enhancing leadership, providing direction for the development of harmonious, stable and progressive labor relations within enterprises.

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

Information Resources on AmCham Web Site www.amchamvietnam.com

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.

Presentation: Vietnam’s New Personal Income Tax – (c) Deloitte (used w/ permission)

Presentation TNS Managing Director Ralf Matthaes, Consumer Trends in Vietnam

Online Membership Directory Looking for information on AmCham members? Click here to browse the Online Membership Directory for information about and contact points for our 400 member and associate companies, and about 800 representatives. Also with links to their company web sites for even more information about American and international businesses in Ho Chi Minh City.

Benefits and Services Review AmCham benefits and services and learn how you can benefit from Networking Online, with about 100,000 visitors and 250,000 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 nearly 800 representatives of over 400 AmCham member and associate companies, plus thousands of 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

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Computing Tips: Business Tips for Late Facebook Arrivals Choose your friends and photos carefully on social-networking sites, but by all means get on Facebook. Here are some basic lessons learned. 18 Aug 2009

Computing Tips: Facebook No. 1 Globally with 132 million users The site is the top global social network, nearly 63% of users are outside North America. The site had been translated into 20 languages including French, Spanish, and Mandarin, recently added 69 more. “Now, through translations, we are seeing a lot of growth in international countries,” says Javier Olivan, international manager at Facebook in a recent interview. 18 Aug 2008

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