Keep up-to-date about U.S.-Vietnam trade and investment with Weekly Updates.
Upcoming Events and Activities (next two weeks)
Plan ahead. Click here to see all upcoming Events and Committee Meetings
Tu, May 27 Request for Comments on DRAFT Prime Minister’s Decree on FDI Enterprises Payment of Trade Union Fee The Ministry of Planning and Investment has requested that AmCham collect suggestions from member companies with foreign investment regarding the rate / percentage to pay trade union fee allocated from the salary fund and basis/ reason for the recommended rate. Click the link for more information and to complete an on-line survey of suggestions.
Sa, May 31 Gala Dinner with Chef Jay McCarthy at Park Hyatt Saigon Ballroom With a distinctive style of Southwest cuisine and Caribbean influences, Chef Jay will take you on a culinary journey to enjoy the Southern United States delicacies. The dinner package includes cocktail reception, 5-course menu, free flow of selected beverages including beer and wine and live entertainment with ‘Curtis King’ band. Limited tickets available. Advanced ticket purchase is recommended. Click the link for more information and to make reservations by email.
We, Jun 18 Welcome reception for U.S. Commerce Assistant Secretary Hernandez and Business Mission with U.S. companies that represent a diverse cross-section of U.S. industries with a strong interest in doing business in Vietnam. Click the link for information on the mission and to register for the event.
List of companies participating in the Business Mission Companies include turbine electric power, construction materials, compatible consumer printing supplies, pelletizing and drying systems for the plastics industry, architect/design, satellite communications technology, personal care products, machine tools and manufacturing machinery, building cleaning service franchise, and more. Click the link for list of companies with links to their web sites to learn more about their products and services and to contact the U.S. Commercial Service about arranging an appointment.
Sa, 28 June 2008 Independence Day Celebration and Family Picnic Join us for an old-fashioned celebration with scrumptuous food, fun and games for children and parents, great door prizes, and good music at AmCham’s Annual Independence Day Celebration and Family Picnic. Limited to 600 AmCham Members and their Family and Guests. This week is the last chance for members to finalize sponsorship for the event, and sponsors’ logos will be printed on Tickets starting May 27. Tickets available on June 7.
VCCI – AmCham Business Mentoring Program The Vietnam Chamber of Commerce and Industry, supported by AmCham, EuroCham, and the 2030 Business Club, is cooperating on a Business Mentoring Program to help young Vietnamese entrepreneurs learn the best experiences from successful entrepreneurs and international managers. Click the link for information and to volunteer to participate.
Sa, Dec 6: AmCham Governors Ball: SAVE THE DATE A formal event held in the festive style of the season, to raise funds for community support programs funded by and through the AmCham-United Way partnership.
News and Issues Updates
Click this link to read the below and more News Highlights: Business, Trade, and Investment in Vietnam and Asia.
Journalists, police prosecuted for giving “false information” in PMU-18 corruption case Legal proceedings were commenced Monday, May 12 against two former police officers and two journalists on criminal charges related to the Project Management Unit (PMU) 18 case. They were active in the investigation of the PMU-18 corruption scandal in 2006 and 2007, which started with the arrest of Bui Tien Dung, the former director of PMU18, a state road and bridge building division with a $ 2 billion annual budget that is largely funded by the World Bank and Japan. Said one writers’ association leader: “It’s such an unfortunate incident, happening right at a time when our government has vowed to battle corruption even harder.” May 19, 2008
Feeling good: Halfway from rags to riches, Special Report by The Economist, Apr 25, 2008 In a glowing Special Report, The Economist praises Vietnam’s market-oriented economic and social development, while highlighting challenges ahead. Ten separate online articles, an interview with the author Southeast Asia Correspondent for The Economist, and links to a down loadable pdf file of the complete Special Report. Highly recommended reading. May 12, 2008
Bribery Abroad: Lessons from the Foreign Corrupt Practices Act (FCPA) Those involved in cross-border business, from directors in the U.S. to factory managers in Vietnam, now live and work by codes of conduct shaped by the FCPA. Avoiding the pitfalls of overseas bribery, and knowing how to respond if corrupt payments somehow happen, are required tools for international executives and managers, professionals and entrepreneurs. May 12, 2008
Click this link to read more News Highlights: Business, Trade, and Investment in Vietnam and Asia.
Event Presentations, Downloads, and PHOTO ALBUMS
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.
Presentation: Grade A office rents in HCMC to reach US$ 100/sqm. Can you afford it? Rising office rents affect us all, whether your company is in a shop house or a Grade A office tower. Savills Vietnam believes Grade A rents will top US$ 100 per sqm in the next 2 years. Have you planned for this in your budgets? Couldn’t attend the lunch on Th, Feb 28? Click the link to download the presentation and find out where the market is going and decide how it affects your business.
Online Membership Directory Looking for information on AmCham members? Click here to browse the Online Membership Directory for information about and contact points for our 400 member and associate companies, and about 800 representatives. Also with links to their company web sites for even more information about American and international businesses in Ho Chi Minh City.
Your announcement in AmCham’s Weekly Update email Early each week, AmCham’s Weekly Update email goes out to nearly 800 representatives of over 400 AmCham member and associate companies, plus thousands of subscribers in Vietnam, Singapore, Japan, and the USA. We welcome event announcements that are of interest to our business readers.
Computing Tips from the AmCham Webmaster
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Google’s CEO on “Cloud Computing” Google is a cloud computing server, and in fact we are spending billions of dollars, this is public information, to build data centers, which are in one sense a return to the mainframe. In another sense, they’re one large supercomputer. And in another sense, they are the cloud itself. 27 Apr 2008.
From South Asia to iTunes How a husband-and-wife team turned an Indian music podcast series into a business and is making the most out of its Apple storefront on its Web site, where it sells Indian music from Bollywood hits to Bhangra classics, remixed with rap and pop, via iTunes, Apple’s online music store. 06 Apr 2008.
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Keep up-to-date about U.S.-Vietnam trade and investment with Weekly Updates.