Weekly Update, Nov 15: Consumer Trends, Total Rewards, Cai Mep Deep Water Ports, Thanksgiving Dinner


Tu, Nov 16 Vietnam’s Consumer Trends
Tu, Nov 19, Vietnam’s 2010 Autumn Total Reward Survey Briefing
Tu, Nov 23 Cai Mep Port – a Transit Hub in Vietnam
Th, Nov 25 10th Annual Thanksgiving Turkey Shoot Scramble Golf Tournament
Th, Nov 25 Old-Fashioned Thanksgiving Dinner
Tu, Nov 30 Business Networking Night: Enabling a Resilient Business in HCMC
Sa, Dec 4 15th Annual Governors Ball
We, Dec 8 IT Business Networking Night: Retail Solutions
Tu, Dec 14 Annual General Meeting
AmCham Membership Directory 2011
Fr-Su, Jan 21-23 AmCham Dalat Winter Weekend

Events, Meetings, Activities, and Special Offers for Members

AmCham Membership Directory 2011 As you plan your marketing activities, be sure to consider the AmCham Membership Directory. We update it every year over October-December, print it in January, and deliver it after TET. It’s used daily by members and employees at AmCham’s more than 700 member companies, with over 1,400 representatives. New members use it when they join, referencing the special section on member benefits and Chamber programs and activities, as well as surveying the directory to find new business partners.

Tu, Nov 16 Vietnam’s Consumer Trends: TNS Ralf Matthaes, Managing Director Since the global recession in 2009, Vietnam’s consumers have begun to alter their consumption habits. With the emergence of a new consumer class in Vietnam, come and discover …

Fr, Nov 19, Vietnam’s 2010 Autumn Total Reward Survey Briefing – Catching up with the Market Trends Towers Watson will share the results of the just-released 2010 Autumn Total Reward Survey Findings. The presentation will provide you with insights in current human resource trends and the findings of labor market information on total rewards.

Nov 19 – 23 Chinese Food promotion with the award-winning guest chef Yong Bin Ngen at Orientica restaurant Chef Yong will bring his innovative and exciting culinary style to Saigon. He comes from the award-winning Majestic restaurant in Singapore.

Tu, Nov 23 Cai Mep Port – a Transit Hub in Vietnam Get an update on new deep water port developments in HCM City and the Southern Key Economic Region (SKER). Special presentation by Saigon Newport Holding Company, whose container throughput accounts for more than 65 % of the market in HCM City/SKER and 42 % of Vietnam.

Nov 25, Thanksgiving Dinner at Saigon Cafe, Sheraton Saigon Hotel & Towers Enjoy quality time with your loved ones over Thanksgiving dinner at Saigon Cafe. Dine on a magnificent buffet of traditional fare with your all time favorites, including premium imported US butterball turkey, smoked ham, prime rib and pumpkin pie.

Th, Nov 25 10th Annual Thanksgiving Turkey Shoot Scramble Golf Tournament (Members and Invited Guests) Register for this fun golf outing, held annually since 2001 to celebrate Thanksgiving, first organized by then AmCham Chairman. Enjoy 18 holes of golf, followed by comradeship at the Vietnam Golf and Country Club.

Th, Nov 25 11th AmCham Old Fashioned Thanksgiving Dinner Join us in the old-fashioned Thanksgiving Dinner with Turkey and all the trimmings, Pumpkin Pie, nice lucky draw prizes, and good entertainment.

Tu, Nov 30 Business Networking Night: Enabling a Resilient Business in HCMC Get an update on the status of information and communications infrastructure in Ho Chi Minh City and the Southern Key Economic Region, and learn how IT and communications infrastructure can ensure improved systems availability, protection of data, continuity of business operations, regulatory compliance, and the integration of IT and business operational risk management strategies.

Sa, Dec 4 15th Annual Governors Ball The AmCham Board of Governors cordially invite you to the 15th Annual AmCham Governors’ Ball, to be held on Saturday, December 4, 2010. Tickets are limited, so please make your reservation request early to avoid disappointment.

We, Dec 8 IT Business Networking Night: Retail Solutions This event will help you find the perfect software for your Retail business. It will suggest methods to help the Retailer select the retail software that best meets its strategic direction and operational requirements. It’ll tell you what to look for and what to watch out for. You do not have to be an It expert, you do not have to be a retail expert, you just need to attend so you can learn what to look for.

Tu, Dec 14 Annual General Meeting, with report of the Board of Governors, and election of members to the Board AmCham invites members, associates and their guests to attend the Annual General Meeting and cocktail reception. Spouses and partners are not only invited but encouraged to attend with you. Voting members have been invited in a Nov 15 email to submit recommendations to the Nominating Committee for consideration as candidates for nomination. The Nominating Committee will review all recommendations and prepare a list of Nominees by Nov 27. Voting by secure online ballot will begin Mon, Nov 29 and end on Tue, Dec 14 at 6:30pm. On Nov 29, all voting members will receive an another email notice of the Dec 14 Annual General Meeting, along with a list of Nominees and voting instructions.

Fr-Su, Jan 21-23 AmCham Dalat Winter Weekend Join other AmCham members and guests in a networking weekend, with Chairman’s Roundtable discussion of key issues in Vietnam-U.S. trade and investment and outlook for 2011. Register now for this stimulating weekend, with optional activities including excursions, trekking and golf, spa and exquisite cuisine. The Sofitel Dalat Palace epitomizes the seductive charm of Dalat. It is one of the few remaining historical hotels in Asia, and offers the finest in European atmosphere, amenities and service. Spaces are limited, so early registration is advised.

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

Vietnam, ADB to negotiate on Ho Chi Minh City Metro Line 2 The USD 1.2 billion Line 2 line will include 11 stations stretching between Ben Thanh Market and Tham Luong in District 12, following a route through Pham Hong Thai, Cach Mang Thang Tam and Truong Chinh streets. Out of the main section’s total length of 11.3 km, 9.6 km will be underground.

“U.S. Trade Policy – Implications for Vietnam” Vietnam’s large and growing market share in the apparel and footwear markets, as well as other consumer goods markets, make it imperative that we in Vietnam understand the trends in U.S. trade policy. Download the presentations …

Local firms warned on new U.S. safety rules The law requires certification and testing for all the products imported by the U.S and CPSC-accredited third party testing for children’s products. The latter is due to take effect early next year. By February all children’s sleepwear must be tested by independent labs approved by the agency.

Swiss shipper finds resistance futile in U.S. bribery probe Surrender is now the norm under the 33-year-old Foreign Corrupt Practices Act. No company has risked an FCPA court fight in two decades out of fear that a conviction could lead to a loss of public contracts and higher penalties, lawyers said. After resolving two or three cases a year, the U.S. settled 47 corporate cases since 2005 without trial, reaping $ 3.3 billion for the U.S. Treasury.

More prosecutions expected under the Foreign Corrupt Practices Act (FCPA) In addition to congressional scrutiny of the act, the executive branch appears to have increased oversight of suspected American businesses for alleged violations. There have been a number of settlements and indictments in 2010 concerning violations of the Foreign Corrupt Practices Act.

Vietnam tops must-visit destination poll Natural scenery, a new place and affordability were ranked as top attractions, as well as good food and the opportunity to experience new cultures. International tourist stays in Viet Nam average 3-5 days, according to survey results.

English Language Fluency Program With the specific aim to dramatically improve learners’ listening and speaking for use in business as well as socializing with foreigners, AmCham announcing the launch of the AmCham English Fluency Program on Oct 28.

Southern Key Economic Region: Ports, Industrial Parks, and Other Infrastructure

Vietnam and the Trans-Pacific Partnership (TPP) Trade Agreement) The TPP negotiating partners currently include Australia, Brunei Darussalam, Chile, New Zealand, Peru, Singapore, Vietnam, and the United States. Malaysia has officially requested to join the TPP negotiations.

Vietnam’s Socio-Economic Development Strategy for 2011-2020 Essential reading for any serious student of Vietnam’s policy formation process, and an important public document designed to frame informed debate. It is a key step in the preparation for the eleventh national congress of the ruling Party that will convene in January 2011.

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

Last week’s most popular links to events and articles

Th, Nov 11 IT Business Networking Night: Technology, a Driver for Supply Chain Performance
Tu, Nov 16 Vietnam’s Consumer Trends: Ralf Matthaes, TNS Vietnam
Mo, Nov 8 Independent Businesses / Entrepreneurs Networking Night
Th, Nov 25 AmCham Old Fashioned Thanksgiving Dinner
Membership Directory 2011
Fr-Su, Jan 21-23 Dalat Winter Weekend
Tu, Nov 9 Legal & VBF Liaison Committee

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 for event information and to download presentations

Presentations on U.S. Trade Policy: Implications for Vietnam

Towers, Watson 2010 Global Survey: Talent Management & Rewards
Presentation by Yvonne Cox, Managing Director, Southeast Asia
IPR Enforcement Update and Outlook: Peter Fowler, U.S. PTO
Presentation: 5 Things Countries Can Do to Enhance IPR Enforcement (Eng)
Presentation: 5 Things Countries Can Do to Enhance IPR Enforcement (VN)
News Report: Financial & Business News Channel (VN)

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).