Weekly Update Jun 22: Palooza, “Saigon Gold,” the Pope on facebook?

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

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.

Mo-Su, Jun 22-28, Lobster n’ Champagne at the Caravelle Hotel Longings for lobsters and champagne will be satisfied at Reflections Restaurant during this week when the hotel culinary masters offer up a special menu featuring the delectable delicacy.

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.

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.

Fr, Jun 26 HR Roundtable Discussion: Retention in Economic Downturn and Preparing for Economic Upturn. Isn’t it paradoxical that retention of talents is critical during an economic downturn? Why is it? What are companies in Vietnam doing for retention? Let’s come to hear top national & multinational companies in HCMC share their retention philosophies, strategies & experiences before and during the economic crisis. This interactive seminar will provide the opportunity for you to discuss with other business leaders and HR professionals in a roundtable setting.

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

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.

Legend Hotel’s new gate means better center city access Ho Chi Minh City’s luxury river-front five-star international hotel, Legend Hotel Saigon has recently opened their back gate located on Thai Van Lung Street, giving it excellent location right in the center of the business, shopping, market and entertainment district.

Legend Hotel: “Friday night is free” … when you stay two or more consecutive nights from June 1 – Sep 1, 2009. Your stay with Legend Hotel Saigon just gets better.

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.

VILAF – Hong Duc received “Vietnam Deal Firm of the Year” Award at the 2009 ALB SE Asia Law Awards Friday night June 5, 2009.

The Nam Hai, Hoi An Special Rate for Local Residents. Come to paradise – the “World’s Best Designed Resort,” “Best Beach Resort,” “Best Destination Spa in Asia.”

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.

Pope Benedict XVI is on facebook A new Vatican website offers an application called “The pope meets you on facebook,” and other applications allow followers to view the Pope’s speeches and messages on iPhones or iPods.

IMF urges Vietnam to tighten monetary policy In a mid-year report to a donors meeting, the IMF said substantial easing of monetary policy since late last year, combined with plans for significant fiscal stimulus, “could put the external position under pressure, and possibly jeopardize the stabilization gains achieved in the latter part of 2008.”

Babcock & Wilcox in $ 182 million Vietnam boiler deal for a thermal power plant in Ha Tinh, central Vietnam.

Starwood to build $ 100 million Meridien hotel in Central Vietnam The company also plans to a $ 40 million Sheraton hotel in Dalat.

Asia takes first step on modern “Silk Road” – East-West Corridor and Greater Mekong Subregion Ceremonies were held last week at the two major border gates along the East-West Economic Corridor: between Lao Bao in Vietnam and Dansavanh in Laos, and between Savannakhet in Laos and Mukdahan in Thailand.

Vietnam Airlines orders more Airbus aircraft “Our new order for the A321 reflects the success we have achieved with the aircraft on both our regional and domestic route networks.” said Pham Ngoc Minh, President and Chief Executive Officer of Vietnam Airlines.

Vietnam Development Bank sells one-tenth of bonds on offer At its previous auction on May 29, the bank failed to sell any 10-year government bonds on offer because bidders sought yields above the ceiling.

World joins Mekong citizens in battle to stop dam building Viet Nam is expected to suffer the most from the dam building, since it is at the lowest part of the river with 17 million Vietnamese people, almost one- third of the Mekong River citizens, living along the river.

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).