Weekly Update Jun 15: Maximize your online bookings – seminar/workshop especially for hotels

Latest updates on H1N1/A Flu from U.S. Center for Disease Control, U.S. Department of State (Travel), and World Health Organization (WHO)

Tu, Jun 16 How to Maximize Your Electronic Bookings – a seminar/workshop especially for hotels Learn how to maximize room sales via electronic channels. In Vietnam the percentage of online reservations is very low, in the 5-7% range as opposed to the highs of 67% in Europe / USA, a very BIG difference. Hotel executives attend this workshop to learn how to increase room sales significantly.

South Saigon, New K-12 Campus Available:  1.8 Hectare in a 18,000 population master planned community, will be the best in HCMC, River front develpment enjoys 40 meter park setback for sports activities.  Available for long term lease, purchase or build to suit.   By Owner, courtesy to brokers.

We, Jun 24 AmCham Young Professionals Palooza Party Come and meet others in Ho Chi Minh City with free food and drink specials. The monthly Young Professionals Palooza Party is a platform to develop networking opportunities, information exchange, and new friendships.

Factory for sale Located approximately 5 Km (15 minutes) from the center of Ho Chi Minh City in the Tan Thuan Export Processing Zone (TTZ), a duty-free EPZ, centrally located, well maintained with good infrastructure, and with independent power supply from the Hiep Phuoc Power Plant, the same owners of the TTZ.

Legend Hotel SHOP FOR LEASE. 38+9m2. Located at Legend Hotel’s lobby. For jewelry, cosmetics, accessories or any branded products.

Th, Jun 25 “Saigon Gold” Members Networking Night Fans of fast-moving thrillers, closet authors, and veterans on both sides of the 2nd Indochina War won’t want to miss author Hugh Scott’s presentation of “Saigon Gold.” Scott uses slides of scenes from the novel to illustrate how he weaves his wartime experiences into an intriguing story set in contemporary Vietnam.

Vietnam Airlines Special Promotion Fares for Summer 2009 to destinations in Southeast Asia, Australia, and Europe. HCMC-Singapore-HCMC USD 70, etc.

Caravelle Hotel 50% off rooms extended through June. Fifty years after opening as the most upscale hotel in Vietnam, the Caravelle Hotel has extended through June the special offer: 50% off rooms in recognition of its anniversary celebration.

Mercer College and TalentNet Corporation Association in Vietnam will provide HR professionals with the specific knowledge and skills you need to be successful in your HR career. Workshops will be facilitated directly by regional expert Mercer consultants and will provide learning opportunities built on Mercer’s many years of international HR consulting expertise.

Renaissance International School Saigon (RISS) offers IB Scholarships to celebrate that RISS is now an IB World School.

Factory for rent / sale Located at Nhon Trach 1 Industrial Zone, Dong Nai Province, 61,347.8m2 with three buildings and space for future growth. Can be subleased or buyout. Click the link for additional information and contact points.

Th-Sa, Jun 25-27, Jul 30-Aug 1, Aug 27-29 Advanced Management Program for Business Leaders, delivered by Singapore Management University, sponsored by VinaCapital and in partnership the World Bank’s Global Development Learning Network. The 9-day program aims to equip business leaders and those being groomed for leadership positions within MNCs, as well as local, joint venture and foreign-owned small to medium enterprises with the knowledge and skills to develop their businesses into globally competitive enterprises. Click here for an Application Form.

Job Vacancy: English Teacher for Axcela Mastery Program open for native-speakers and Vietnamese teachers. The Axcela Mastery Program is a special English skills delivery model that focuses primarily on listening and speaking skills, with supplemental work in reading and writing. It combines the most effective interactive multimedia practice tool ever designed with classroom teaching, which results in learners acquiring English fluency in half the time of conventional programs.

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).

July 4th Celebration and Family BBQ

News and Issues Updates

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

First container ship sails on direct voyage from deep-water port in Vietnam to U.S. The new service of the global container shipping service firm APL will offer the industry’s fastest transit time from Vietnam to the American west coast, taking just 15 days to reach Seattle and 16 days to Los Angeles.

Vietnam makes “top ten” in outsourcing Up from Number 19 in 2007. Viet Nam was one of the three top countries in financial attractiveness, according to the report, but it was 28th in “people skills and availability.”

Magnussen opens furniture warehouse near Ho Chi Minh City The 650,000-square-foot facility in the Binh Duong area of Ho Chi Minh City is maintained at a 62% humidity level, which ensures mold-free furniture storage for up to 18 months.

Currency and trade deficit worries for Vietanam The official exchange rate of the dong, having depreciated by 9 per cent last year, is down 2 per cent in the first six months of this year. But it has lost 4.1 per cent on the unofficial market and some predict a further 5 per cent fall.

Another effort to auction bonds At the last auction of government bonds on May 29, state-run Vietnam Development Bank failed to sell any of the 10-year debt. The State Treasury has also failed to raise much dong funds via auctions since February, sparking concerns about how Hanoi will fund a budget gap which could widen to a tenth of gross domestic product.

Property trade stagnant despite low prices Regardless of a downward trend of high- and medium-standard apartment prices, purchasers are sitting on the sidelines waiting to see how the low prices might go. One developer cut apartment prices by a stunning 40% to attract potential buyers in March, but the market soon became idle again in April.

Tech-reliant young workers in Vietnam hit hard by downturn The median age in Vietnam is 27. Most people started careers within the last seven years. So most people in the tech industry have only experienced boom times. This has been a massive shock. Some people are very panicked when they get laid off. They scream. They feel angry. A lot of girls just cry.

Late Prime Minister Vo Van Kiet remembered for great work, by Prime Minister Nguyen Tan Dung The first anniversary of late Prime Minister Vo Van Kiet’s death is just around the corner. A full year has passed and the country has overcome new challenges. Remembering him, taking his life as an example for myself, I would light an incense stick on his altar on his first death anniversary, praying that his soul could rest in peace as his fellow countrymen and comrades do their best to join hands to build a socialist Viet Nam with wealthy people and a strong country with an equitable, democratic and advanced society.

Letter from the Chair, AmCham Vietnam (HCMC), May 2009 Perhaps you have noticed that Vietnam seems to be weathering the global economic crisis surprisingly well, when compared to some other countries. Although growth may be slower this year, Vietnam is still growing, and that is a very good thing.

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 these and more News Highlights: Business, Trade, and Investment in Vietnam and Asia.

Recent Events and Information Resources on AmCham Web Site

Le Dang Doanh, VN Institute of Development StudiesTh, May 14 Dr. Le Dang Doanh on Global Economic Crisis and Vietnam Outlook 2009
Dr. Le Dang Doanh, Member of the Board and Senior Research Fellow of the Vietnam Institute of Development Studies, will provide an overview of Vietnam’s current economic outlook and discuss the government’s economic stimulus programs and policies to encourage economic growth. Dr. Doanh is former President of the Central Institute of Economic Management (CIEM).

Fr, May 15 Panel Discussion and Business Networking: Direct Selling Join colleagues from the Direct Selling industry in an informative roundtable discussion of the industry in the Asia-Pacific region in general and Vietnam in particular, followed by business networking night with key industry, government, and media representatives.

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.

Online Directory Looking for information on AmCham companies? Click here to browse the Online Directory for information about and contact points for over 450 AmCham companies, and over 900 representatives. Also with links to 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 over 900 representatives of over 450 AmCham companies, plus thousands of 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).