Weekly Update Jun 21: Labour Updates, Independence Day Family Picnic, Palooza

Sa, Jul 3, 2010 American Independence Day Family Picnic

Th, Jul 8 AmCham Young Professionals Palooza Party at Hard Rock Cafe

Is Vietnam (finally) ready for foreign investors?

Drought adds to Vietnam’s power woes

Cisco, M&C Corp. Plan to Transform Properties in Vietnam into Smart+Connected Communities

Vietnam’s exports to U.S. up 22.4% in Jan-Apr 2010

Project 30 Update: PM’s Advisory on Administrative Procedures Reform (Jun 15, 2010)

Events, Meetings, Activities, and Special Offers for Members

Mo-Su, Jun 14-27 Champs-Élysée Menu at Caravelle Hotel will offer modern diners a taste of the Caravelle’s culinary heritage. Throughout the 1960s and 1970s, the restaurant mostly highlighted only this Champs-Élysée menu with all French classics. The menu leads off with a foie gras, moves on to bouillabaisse and then offers up either a rouget or coq au vin.

Mo, Jun 21 Kelly Services Forms Strategic Partnership with HR2B in Vietnam Kelly Services,Inc. (NASDAQ: KELYA, KELYB) a leader in providing workforce solutions, today announced it has partnered with one of Vietnam’s top three human resources companies, HR2B. This partnership strengthens Kelly’s presence in the Asia Pacific region by expanding its global reach to Vietnam while extending HR2B’s reach internationally.

Tu, Jun 22 Seminar on Labour Updates Keep updated on the Labour Strike issue, major changes in the draft revised Labour Code, and Work Permit regulations in Vietnam.

Sa-Su, Jun 26-27 New World Hotel Saigon Wedding Fair 2010 is a must for all who are planning their perfect wedding. With over 30 exhibitors covering hundreds of inspirational ideas, the Wedding Fair is guaranteed to have exactly what you are looking for. An elegant wedding venue, and photographers, florists, honeymoon destinations, and great wedding dress collections. The fair combines it all under one roof. The ultimate wedding shopping experience.

US Independence Day - Banner
Limited to 650 AmCham Members and their Guests. Click the banner for details and to register on line now to reserve your tickets. Then come to AmCham office to pay and receive tickets (and official AmCham Independence Day shirts and other gift items) by Friday, Jun 26.

Th, Jul 8 AmCham Young Professionals Palooza Party at Hard Rock Cafe AmCham Vietnam in HCMC and the Hard Rock Café want to maintain a standard of excellence for the events that we provide, which is why we have scheduled a special summer Palooza Party on July 8 at 6pm, once again at the Hard Rock Café, to make up for the “power blackout” at the May 26 event. Please join us on July 8 for an extra special Palooza.

Project 30 Update: PM’s Advisory on Administrative Procedures Reform (Jun 15, 2010) Citizens 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.

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

Is Vietnam (finally) ready for foreign investors? Vietnam is cutting taxes and improving infrastructure in hopes of becoming the low-cost alternative for new factories and outsourcing call centers. The bottom line: Vietnam hopes to attract investment that otherwise might go to India and China, with new tax policies and infrastructure projects.

Drought adds to Vietnam’s power woes At the Hoa Binh hydropower plant in Northern Vietnam, water levels hover just above the “dead point” when electricity output is severely restricted. In fast-growing Vietnam, energy demand outstrips supply, that means further blackouts in a country that draws more than one-third of its power from hydroelectricity.

Cisco, M&C Corp. Plan to Transform Properties in Vietnam into Smart+Connected Communities The first implementation of Cisco’s Smart+Connected Communities solutions is expected to be at M&C’s flagship project, Saigon M&C Tower. A luxurious, 41-story development with 150,000 square meters (1.6 million sqft) of ground floor area in the center of Ho Chi Minh City, the Saigon M&C Tower, once completed, will be the most technologically advanced building in Vietnam.

Vietnam’s exports to U.S. up 22.4% in Jan-Apr 2010 The increase in export value in the first four months to the U. S. market was seen in a majority of Vietnamese products, especially apparel, furniture, footwear, seafood, electronics, and pepper.

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, Apr 2, 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).