Weekly Update Jul 23: CEO Roundtable

Highlights

Tu, Aug 7 Morning Briefing: Vietnam CEO Roundtable Talk (Invitation Only)
Tu, Aug 7 Legal & VBF Liaison Committee
Mo, Sep 3 Vietnam’s National Foundation Day (observed)
Sa, Sep 8 AmCham Scholarship Information Session
Welcome to new AmCham companies • Jan ~ Jun 2012
FDI into Vietnam continues to fall: down 27.3% in first half of 2012
ASEAN and GMS Reap Rewards As Clinton Counters China
Industrial Parks See Falling Investment in first half of 2012; FDI down 59% compared with 2011
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 46 new companies have joined AmCham in Jan-Jun. Brief descriptions, activities, representatives’ names, and links to their web sites for additional information.

Special Fare For AmCham Members from Korean Air Korean Air rewards all AmCham members up to13% discount on fares to the United States, Korea, Japan and China. Save your travelling cost 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.

Tu, Aug 7 Morning Briefing: Vietnam CEO Roundtable Talk (Invitation Only) Insights from 2012 IBM Global CEO StudyThe Country’s Top executive minds to boost up business prospect & unparalleled rivalry

Advance Notice: Sep – Nov AmCham Scholarship 2012 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

Tilleke & Gibbins strengthens Vietnam IP team Leading Southeast Asian law firm Tilleke & Gibbins is proud to announce the hiring of Ms. Linh Mai Nguyen, effective July 16, 2012. Linh joins Tilleke & Gibbins as an attorney in the firm’s Trademark Practice Group, bringing her unique qualifications to a strong team that was recently named “Intellectual Property Firm of the Year” for Vietnam by Managing Intellectual Property.

HSBC Sounds the Retreat from Vietnamese Finance Group Reportedly plans to sell shares of Vietnamese Bao Viet for around $ 400 million.

U.S. a true partner for growth – U.S. Ambassador David Shear “In 1995, our bilateral trade was merely 1 million but reached nearly billion in 2011. Our bilateral trade and investment has shown incredible growth and has great potential for further advancement. US businesses are leading investors in Vietnam and the United States is now Vietnam’s most important export market.”

HCM City – Long Thanh – Dau Giay Expressway Project (ADB, JBIC)The new highway to Long Thanh International Airport, funded by JBIC (HCMC – Long Thanh) and ADB (Long Thanh – Dau Giay).

Vietnam and the International Monetary Fund (Jul 6, 2012) A key challenge will be to balance support for the slowing economy against the risk of eroding hard won confidence, while rebuilding policy buffers. Directors emphasized the need to resist loosening policies prematurely and to accelerate structural reforms.

FDI into Vietnam continues to fall: down 27.3% in first half of 2012 FDI into Vietnam only registered US$ 5.96 billion in the first half of 2012, a sharp fall of 27.3% from the same period of 2011, and continuing the drop of 26% in 2011. If present trends continue, FDI in 2012 could be about one-half of FDI in 2010.

ADB: Asian Development Outlook 2012 – Vietnam Outlook Safeguarding the banking sector should be the immediate priority. The longer-term requirement is to develop a diversified and efficient financial system that can mobilize the funding to meet the 7-8 percent economic growth target. These complex reforms, which will take years to complete, would benefit from coordination with the proposed restructuring of SOEs.

China + One = Vietnam and ASEAN ASEAN has the third-largest economy in Asia, after Japan and China. U.S. foreign direct investment (FDI) into ASEAN totaled $130 billion in 2007, the largest destination for U.S. FDI in Asia, and has grown 55% since 2004. As a developing region, ASEAN per capita income is low but its GDP is rapidly growing: an almost 170% increase over the past decade.

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

Welcome to new AmCham companies • Jan ~ Jun 2012
FDI into Vietnam continues to fall: down 27.3% in first half of 2012
Raffle Prize Winners, USA Independence Day Celebration & Family Picnic
ASEAN and GMS Reap Rewards As Clinton Counters China
Industrial Parks See Falling Investment in first half of 2012; FDI down 59% compared with 2011
Human Resources Strategies Course by Dynamic Consulting, Sep 4-5
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.

Computing Tips from the AmCham Webmaster

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