Weekly Update Mar 5: FDI Lunch, Miscommunication at Work, Social Media & Children

Highlights

Survey re: Career Day 2012
Member Survey 2012
Wed, Mar 7 Business Lunch: FDI in Vietnam in 2012
Mon, Mar 12 Consumer Product Safety and Furniture Exports to U.S.
Tue, Mar 13 Legal & VBF Liaison Committee Meeting
We, Mar 14 Sources of Miscommunication at Work – “Who, me?”
Fr, Mar 16 Social Media: Online Safety for Children
Wed, Mar 28 Palooza Party at Renaissance Hotel
Thu, Mar 29 Members Night and Meet the U.S. Consulate General
Will taxes on U.S. citizens and companies abroad be increased or decreased?
Vietnam dropped from 12th to 14th on FDI Confidence Index

Events, Meetings, Activities, and Special Offers

Asia Pacific Business Outlook, 2012 (Mar 26-27) #4

Survey re: Career Day 2012 Over 400 AmCham Scholarships have been awarded to Vietnamese graduating college seniors over the period 2001-2011. We would like to offer career networking opportunities to these AmCham Scholar Alumni/ae to share their career development experiences, while AmCham companies learn more about the human capital. Pls click the link for a short survey to give us your viewpoint.

Highlights in March at Park Hyatt Saigon … from unforgettable and sybaritic weekend stays and spa experiences at special prices, to equisite food and fine wines or efficient noon-time business lunches, enjoy March highlights at the Park Hyatt Saigon.

US Boston Lobster Promotion at Hotel Equatorial HCMC In March, Orientica Seafood Restaurant of Hotel Equatorial HCMC proudly presents the fresh from the cold waters of Atlantic Ocean “Boston Lobster.” … exquisitely prepared with seasonal catches and fresh ingredients, enabling you to enjoy a wonderful gastronomic experience!

Thu, Mar 8, Women’s Day at Legend Hotel Saigon This Women’s Day, treat the lady in your life to Saigon’s most spectacular international buffet at the hotel’s renowned Atrium Café.

Th-Fr, Mar 8-16, US Beef Feast at Caravelle Reflections Restaurant is serving grilled US beef tenderloin, rib eye and Black Angus beef strip loin together with five favorites accompanying sauces and eight classic sides, such as baked potatoes with sour cream, chives and bacon bits, golden raisin coleslaw, and creamy spinach.

We, Mar 7 Business Lunch: FDI in Vietnam in 2012 review the key legislation on FDI (including newly set-up businesses and M&A); common challenges (and solutions) for FDI investors; and special FDI opportunities in 2012.

Sa, Mar 10 Update & Guidance on PIT Finalization The most recent issues in 2011 PIT Finalization, with the following key topics: overview changing of PIT Finalization in 2011, PIT Finalization procedure and its key notes when applying, discussion with Ms. Trinh Thi Thu Thuy – Head of PIT Dept., HCMC Tax Bureau.

We, Mar 14 Sources of Miscommunication at Work – “Who, me?” Insight about miscommunication at work; common dysfunctional interaction patterns between manager and staff; how they patterns work, how can you end up in them, and how to get and/or stay out of them. Human behavior; human communication.

Fr, Mar 16 Brkfst Briefing: Social Media • Online Safety for Children Our children ARE talking … but are we listening ? Do you have fear, uncertainty or doubt about what your child is doing online? Would you like to have a better understanding of your child’s world? Is your child unknowingly jeopardizing his/her future with activity on Facebook? What about bullying…is that a concern for you or your child?

Wed, Mar 21 Networking Night: Global Financial Markets and Vietnam Property Update Mark your calendar! More details will be provided soon.

Th, Mar 22 Seminar on Strategic Planning & Innovation to Overcome Crisis Strategic planning to lead your teams/organizations to overcome crises is very crucial in our current situation. Attend this seminar and learn from best practices about how to be always ready to face, take advantage of difficult times to create breakthrough success and lead the market. Presented by the Vice President of one of the best Leadership Training Companies in the world (awarded by Training Industry Magazine).

Mo-Tu, Mar 26-27 Asia Pacific Business Outlook 2012 (Los Angeles) Access 17 Asia/Pacific Markets in 2 days! If you are doing business in the Asia/Pacific region, this is the one conference you can’t afford to miss. Find answers to your questions on 17 economies by choosing from 60 focused sessions and private one-on-one consultations. Get the latest information and connect with expert and insiders. APBO’s 25th Anniversary: since 1987, APBO has been the premier business conference focused on trade and investment in Asian markets.

Wed, Mar 28 Palooza Party at Renaissance Hotel Come and join us for a night of casual networking, meet other professionals, bring your business cards!

Thu, Mar 29 Members Night and Meet the U.S. Consulate General Get an update and key issues brief. And learn about the many services offered by the Consulate General to U.S. citizens and AmCham companies and staff. After the briefing, enjoy a cocktail reception with networking opportunities for many members.

Tu, Nov 6, U.S. General Elections Day • U.S. Voter Registration Web Sites More than 6 million Americans live overseas. If the overseas American community were a state, we would be the 18th most-populous state in the union. Our votes count … click the link to register online, get a ballot, and vote.

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

Managing your performance by measuring your risks! (Part I) Risk is, by definition, forward looking. It is a measure of probability of either loss or gain. And that probability of value destruction or creation directly impacts a company’s performance objectives. The way American business magnate Warren Buffet put it, risk comes from not knowing what you’re doing.

Local students take part in Community Service and Leadership Training Conference Over 300 students, teachers and community leaders from schools all over HCM City gathered to share ideas and work together to explore problems we face as global citizens, as part of the International School Ho Chi Minh City (ISHCMC) Global Issues Network’s 1st Annual Conference. The theme of the conference was “Using our differences to make a difference.”

Sustaining Vietnam’s Growth: The Productivity Challenge (McKinsey Global Institute) Vietnam now needs to boost labor productivity growth by more than 50 percent to maintain its rapid growth. It can do so by (1) Stabilizing the macroeconomic environment; (2) Strengthening productivity and growth enablers to enhance competitiveness; (3) Shaping a coordinated, industry-specific government growth agenda by targeting investment; and (4) Improving government performance to deliver a growth agenda.

McKinsey to Vietnam: Get Cracking (Wall Street Journal) Vietnam policymakers say the McKinsey experts aren’t telling them anything they haven’t heard already. “I totally agree with what is mentioned in the report,” said Vo Tri Thanh, vice director of the Central Institute for Economic Management, a government think tank. “These are not new discoveries, however. Where Vietnam should start, and how to do it, is still a question.”

FDI rivals turn up the heat on Vietnam Vietnam dropped from 12th to 14th ranked on the FDI Confidence Index, while Indonesia, Malaysia, and others moved up. The Index is a regular survey of global executives conducted by A.T. Kearney. Companies participating in the survey account for more than $ 2 trillion in annual global revenue.

VIFA Vietnam International Furniture & Home Accessories Fair, Mar 11-14, 2012 Vietnam has become ASEAN’s leading furniture exporter.

Two Web Sites for Overseas U.S. Voter Registration in 2012 Use the Overseas Vote Foundation and/or Federal Voting Assistance Program to simplify and accelerate your voter registration and request for absentee ballot.

Vietnam – U.S. trade status and outlook, 2011 – 2020e Despite the difficult domestic and international economic environment, Vietnam – U.S. trade in 2011 continued its steady increase. Total bilateral trade in 2011 was about US$ 22 billion, with Vietnam’s exports to the U.S. about $ 17.5 billion (up 17%), and imports from the U.S. about $ 4.5 billion (up 19%), demonstrating once again that manufacturing foreign direct investment (FDI) and trade are strong and stable factors that support Vietnam’s economic and social development.

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

Last week’s most popular links to events and articles

Business Lunch: Preemployment Screening and Due Diligence in Vietnam
Survey re: Career Day 2012
Business Lunch: FDI in Vietnam in 2012
We, Feb 29 AmCham Palooza Party
Th, Mar 22 Vietnam Capital & Finance 2012 – Irving Seminar & Training
Other popular information downloads

Recent Events and Information Resources

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 and view photos.

Preemployment Screening and Due Diligence in Vietnam
Presentation – Brian Dougherty, Hill & Associates
CBRE Fearless Forecast Feb 2012: Real Estate Overview
Greater Mekong Subregion Road System
House Ways & Means Committee Tax Reform Proposal • video and background
Other Event Presentations, Videos and Downloads

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 5,000 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).