Weekly Update Jul 4: Legal Committee, Crisis Management, Customs Roundtable, UHawaii EMBA Info

Highlights

Tu, Jul 5 AmCham Legal Committee: Trade/Investment Issues
Th, Jul 7 How to Manage a Crisis that Hurts Your Company’s Reputation?
Th, Jul 15 Roundtable with HCMC Customs Department
Fr, Jul 15 Overseas Vote Foundation: Overseas U.S. Citizens Count
We, Jul 20 University of Hawaii Executive MBA Information Session
Southern Key Economic Region: Ports, Industrial Parks, and Other Infrastructure
Asia Development Bank: “Skills Enhancement Project” Loan to Vietnam, 2010-2016

May – November is “Typhoon Season” in the Western 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

Raffle Prize Winners, USA Independence Day Celebration & Family Picnic, July 2, 2011|

Sa, until Jul 30, Saturday Brunch at Legend Hotel Saigon Why wait until Sunday to enjoy brunch? This Saturday take your family out for an unforgettable brunch experience at Legend Hotel Saigon. The luxury river-front five-star international hotel is offering buffet brunch not only on Sundays but on Saturdays as well from now until July 30.

We, Jul 6, 13, 20 and 27, Beefy Buffets on the Table at Nineteen Restaurant The Caravelle Hotel is getting to the meat of things this July. Knife-wielding chefs at the hotels’ Nineteen Restaurant are serving up four flesh-focused Long Carvery Dinner Buffets every Wednesday of the month.

Th, Jul 7 How to Manage a Crisis that Hurts Your Company’s Reputation? Most crises are usually thought to come from the external causes, but the reality is that 75% of them are internally-originated. The Ogilvy Brandshield method breaks down into three main areas: Prevent, Contain, and Grow. Case studies will be presented throughout the presentation.

Th, Jul 14, Roundtable with Customs Department – SAVE THE DATE Many FDI companies have challenges in dealing with Customs. Join this Roundtable to improve communications and understanding. Joint event with AmCham, EuroCham, and other FBA.

We, Jul 20 University of Hawaii Shidler College of Business Executive MBA in HCMC – Information Session Vietnam citizens or foreign nationals living in Vietnam, with an average of 5 to 10 years work experience, are invited to attend a free-of-charge information session.

Overseas Vote Foundation: Overseas U.S. Citizens Count Americans living abroad are not counted in the US Census. Currently, there is no up-to-date estimate of the size of the overseas US citizen population. Understanding the size and location of our population is crucial to improving access to voting, social security and consular services; and for that we need your help.

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

Government keeps focus on inflation control said PM Nguyen Tan Dung at the government’s regular online meeting with local authorities on July 1 to discuss the country’s socio-economic situation in the first six months, the implementation of the Resolution 11 and programmes planned for the next six months.

Minimum Wage Adjustment (MWA) earlier than scheduled “Due to high inflation, we have proposed the government to increase minimum wage effective Oct 1, 2011, instead of Jan 1, 2012,” said Pham Minh Huan, Vice Minister of MOLISA.

USS Chung-Hoon (DDG-93)

USS Chung-Hoon (DDG-93)

U.S., Vietnam to hold joint naval activities in Danang starting July 15 Planned events include a pier-side welcome ceremony at Tien Sa Port in Danang, as well as community relation projects, search and rescue, damage-control and dive salvage training between the navies from the two countries.

China treasures ties with Vietnam said Chinese Ambassador to Vietnam Sun Guoxiang at his banquet in Hanoi on July 1 on the occasion of the 90th founding anniversary of the Communist Party of China (CPC) (July 1, 1921-2011).

CITI partners with Horizon Securities of Ho Chi Minh City, Vietnam with a 9.9% stake. Founded in 2006, Horizon Securities is a privately-held Vietnamese firm headquartered in Ho Chi Minh City that provides brokerage and corporate finance services.

Japan’s Kyocera Mita to build $ 250 million laser printer factory in Vietnam Construction will start in the autumn of 2011 in northern Hai Phong on an area of 70,000 sqm. The factory is expected to begin operation in October 2012 with 1,000 workers and a capacity of 150,000 units which will increase to 5,000 workers and 450,000 units in 2016.

Vietnam Airlines to expand fleet to 110 aircraft by 2015 The airline is currently operating around 300 flights a day with 68 aircraft.

Rules on foreign staff tightened As of May 2011, there were over 74,000 foreign workers in Vietnam, coming mostly from China, South Korea, Thailand, and Indonesia,according to the MOLISA Employment Department.

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.

Last week’s most popular links to events and articles

Sa, Jul 2 2011 USA Independence Day Family Picnic
Tu, Jul 5 How to Manage a Crisis that Hurts Your Company’s Reputation?
Deadline Jul 15: Overseas Vote Foundation Calls for Americans Abroad to Be Counted
July 4 American Independence Day at Legend Hotel Saigon
Vietnamese worker killed at Taiwan factory strike in Hanoi
Interpol hunts former executives of Vietnam ship-building corporation

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

May 12Dr Le Dang Doanh: Re-gaining Macroeconomic Stability
.Presentation: Dr Le Dang Doanh – Vietnam Economy 2011
Apr 26Health Challenges and Risks in Vietnam
.Health Challenges and Risks in Vietnam: International SOS
Apr 21Strategic Approach to Employee Communications
.Building employee engagement: Ogilvy impact
Apr 20Developing an Anti-Corruption Compliance Program
.UK Bribery Act 2011: Milton Lawson
.Developing a Compliance Program & Internal Controls: Orsolya Szotyory-Grove
.Developing an Anti-Corruption Compliance Program: Sesto E Vecchi
.Vietnam Anti-corruption Law: Luu Hoang Ha

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 4,000 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).