Weekly Update July 19: Energy & Infrastructure Arbitration, Project 30, U.S. Voters Registration

We, Jul 21 Business Seminar: “All or Nothing – Rethinking Corporate Risk Management in Light of the Financial Crisis”

We, Jul 28 Seminar: Developing a Low Carbon Economy

Fr, Jul 30 International Energy and Infrastructure Arbitration: A Vietnam Perspective

Th, Aug 12 How to meet new U.S. import requirements for quality, safety, labor and environment

Project 30: Administrative Procedures Reform: Update (Jun 15, 2010)

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

Events, Meetings, Activities, and Special Offers for Members

Jul 12-25 Long Carvery Buffet Dinner at Caravelle Hotel Dine on a “fabulous” buffet dinner offering an array of delicious culinary pleasures. VND 888,000 ++ or US$ 48 ++/ per person with one glass of Mumm Champagne for FREE, unlimited orders of Margaritas & Martinis, and free flow of house Italian and Spanish wines. Enjoy the best selection of carving stations.

We, Jul 21 Business Seminar: “All or Nothing – Rethinking Corporate Risk Management in Light of the Financial Crisis” organized by the Shidler College of Business, University of Hawaii. This seminar introduces recent corporate risk management concepts and techniques in “Enterprise Risk Management,” and discusses its importance in light of the financial crisis and economic downturn.

We, Jul 28 Seminar: Developing a Low Carbon Economy A eminar to further business dialogue and awareness of topics related to fostering a low carbon economy. The objective is to share international and regional experience on carbon and energy issues, and on current priorities and challenges related to carbon emissions reduction and energy efficiency in the region.

Fr, Jul 30 International Energy and Infrastructure Arbitration: A Vietnam Perspective The Singapore International Arbitration Center (SIAC) in partnership with The Pacific International Arbitration Centre (PIAC) will host a half-day seminar to examine the latest regional developments in dispute management and arbitration in the energy and infrastructure sectors. The conference will take place on Jul 30, 2010 at the Sheraton Saigon Hotel in Ho Chi Minh City. The keynote speaker at the Conference will be Mr K Shanmugam, Singapore Minister for Law. Click the link for details and a registration form.

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

Limited Time Offer by Park Hyatt Saigon Enjoy 20% off a last minute stay.Welcome to an impromptu getaway. Whatever your reason, looking for a last minute getaway doesn’t mean you can’t have a first class experience. During our limited time offer, you can have a great Hyatt experience at an even greater price, even last minute. Book by 2 September, 2010 for stays through 16 September, 2010 and save 20% off the Hyatt Daily Rate.

Project 30: Administrative Procedures Reform: Update (Jun 15, 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

Government suspends truck driver fines; container traffic moves again Under the suspended new regulation and fines, the country effectively lost 70 percent of its drivers, slowing the shipment of goods across the nation to a snail’s pace.

Vietnam’s exporters to face more trade restrictions this year In addition to remedies relating to product quality, safety, and hygiene, subsidies to export industrial product, regulations on goods’ origin and labor / environmental standards are increasing and getting stricter

Italian executive extradited to U.S. to face bribery charges under FCPA The former executive with Control Components Inc. (CCI) is accused of having his employees make about 750,000 U.S. dollars in bribes to state-owned companies abroad and about 380,000 dollars in bribes to private companies. He served as vice president and head of sales for Europe, Africa and the Middle East from 2001 through 2007 for the Southern California company.

U.S. anti-bribery probes will target mid- and senior-level executives Trends in the DOJ FCPA enforcement include targeting certain types of individuals for FCPA-related prosecution, among them, mid to high-level executives, third party contractors, and in some cases, the actual foreign officials who accepted the bribes.

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 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).