Weekly Update Nov 28: Membership Directory 2012; KPIs, Governors Ball, WB Economic Update (VN)


AmCham Membership Directory 2012: Company Listings and Announcements
Tu, Nov 29 Lunch: Do you have the right KPIs? Balanced Scorecard approach
Th, Dec 1 Morning Briefing: Recruiting a Superstar Team!
Sa, Dec 10 16th Annual Governors’ Ball – “A Hawaiian Christmas”
Tu, Dec 13 Members Lunch: Compensation and Competitive Business Strategy in a High Inflation Environment
We, Dec 14 Annual General Meeting
Su, Dec 25 Christmas Day
Mo-Th, Jan 22-26 TET Lunar New Year (observed)
Fr-Su, Feb 24-26 Dalat Winter Weekend: Save the Date
World Bank Economic Update: Vietnam, Nov 2011
World Bank: Vietnam Key Indicators, Nov 2011 (East Asia & Pacific Update)
BRIBELine: Report a Bribe (anonymously)
TRACE International: Anti-bribery compliance solutions

There are no active tropical storms approaching Vietnam in the NW Pacific as of Nov 28, 2011. May-Nov is “Typhoon Season.” On average, there are 27 typhoons each season. This year, only 5 of the 34 tropical storms in the 2011 NW Pacific Typhoon Season have landed in Vietnam to date.

Governors'' Ball - Banner

Events, Meetings, Activities, and Special Offers

AmCham Membership Directory 2012 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.

Business Barometer: Vietnam Share you perspective: take our short survey.

Every Sunday, Taittinger Champagne Brunch at Caravelle Put a Fine Finish on your week. Refines and redefines your Sunday Mornings. The most succulent brunch in town. Indulge at the oyster bar and the lobster station. Choose from a selection of roast meats, caviar, and more than twenty desserts.

Business Lunch at Saigon Saigon Bar Salads, gourmet sandwiches and desserts are served. Classic choices include smoked salmon and avocado salad, tomato & feta cheese salad, classic turkey club sandwich, and Asian shrimp & pork hash. End lunch with a signature dessert like ice mousse nougatine or chocolate espresso ice-cream.

Tu, Nov 29 Members Lunch: Do you the right KPIs? Balance Scorecard This event reviews the BSC journey from KPIs to Strategy-Execution Management tool of choice ~ the Balanced Scorecard was created by Professor Kaplan and Dr. Norton in the late 1990s and has gone through a number of evolutions.

Th, Dec 1 Breakfast Meeting: Become a “Recruiting Psychic” and Build a Superstar Team Today! Chris Harvey, CEO of Navigos Search and VietnamWorks, will share key learnings from his own career and experience as the leader of Vietnam’s top online and offline recruiting company.

Sa, Dec 3 11th Annual AmCham Scholarship Award Ceremony will honor 40 3rd year and final year university student AmCham Scholarship Award Winners, and a number of Honorable Mentions. The applicants have completed a rigorous five-step assessment process, including: (1) application screening, (2) English Language Test, (3) Verbal/Numerical Abilities Test, (4) Profiles International Vietnam’s ProfileXT Assessment, and (5) Interview in English by AmCham HR Committee Members.

Tu, Dec 6 Legal & VBF Liaison Committee Meeting

We, Dec 7 (Hanoi) and Fr, Dec 9 (HCMC) USA Franchise Business Mission Looking for an investment opportunity? Want to start a business? 14 USA Franchise Companies will visit to meet with Vietnamese entrepreneurs. Proven franchise business concepts.

Sa, Dec 10 16th Annual Governors Ball – “A Hawaiian Christmas” The AmCham Board of Governors cordially invite you to the 16th Annual AmCham Governors’ Ball, to be held on Saturday, December 10, 2011. Tickets sold out. – Register Online to be on the waiting list ! Events Team staff will contact you. A FORMAL Ball: attire is “black tie”/tuxedos for the gentlemen, and formal dresses for the ladies.

Tu, Dec 13 Members Lunch: Compensation and Competitive Business Strategy in a High Inflation Environment It is critical to utilize different aspects of talent management to align with the competitive strategy that will enable your company to succeed. Learn of flexible, responsive programs used by other companies to attract and retain different employee segments.

We, 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.

Th, Dec 15 Accelerate Your Business Growth With Virtualization TRG international will organize this event to deliver information about Citrix virtualization solution: Work anywhere, anytime, on any device; Reduce IT cost and complexity of branch and remote offices; Optimize centralized IT management; Secure web applications using data compression and minimize risk; Ensure successful recovery by bringing the datacenter and access back online quickly and seamlessly following an outage

Th, Dec 15 Macroeconomic Outlook Topic: Will Vietnam Crack? and Visibility Creates Opportunities: Receivables Solutions that give you the visibility to unlock business opportunities, presentations by HSBC Head of Global Markets, Head of Payments and Cash Management.

Fr-Su, Feb 24-26 Da Lat Winter Weekend: Save the Date

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

ISHCMC Celebrates Opening of New Wing and Launches HCMC’s only 1 to 1 computer tablet program ISHCMC held a ribbon-cutting ceremony and an Open House with nearly 300 students, teachers and parents on hand to join in the festivities.

World Bank Economic Update: Vietnam, Nov 2011 Stabilization gains remain fragile and any premature loosening of policy will risk repeating the recent pattern of recurring instability. Vigorous implementation of fiscal consolidation and structural elements of Resolution 11, including restructuring and reform of the state enterprise sector and the financial sector should help Vietnam return to a more sustainable macroeconomic environment while laying the foundations for greater efficiency and productivity to drive medium and longer term growth. But undertaking these deep, structural reforms will require strong leadership, careful implementation, support from development partners and foreign investors, and some short-term pains.

World Bank: Vietnam Key Indicators, Nov 2011 (East Asia & Pacific Update) Domestic credit expansion … ; inflation … ; other key indicators.

Boeing, Lion Air Announce Historic Commitment for up to 380 737s worth $ 21.7 billion Airline to order 201 737 MAXs and 29 Next-Generation 737-900ERs; When finalized, order will be the largest ever for Boeing; Deal to include purchase rights for an additional 150 airplanes.

Thu Thiem Tunnel opens to traffic It will take only 15 minutes to travel from the outlying districts 2, 9 and Thu Duc to the city’s downtown area via the East-West Highway.

U.S. investors look at Danang Airport Cedona and U.S. group ADC & HAS are looking to engage airport projects in central Vietnam, including Danang International Airport.

U.S. claims jurisdiction over Thai former tourism official in key FCPA case The former governor of the Tourism Authority of Thailand, and her daughter were charged in January 2009 in an eight-count indictment with laundering $ 1.8 million in bribes the former governor allegedly received from husband-and-wife film producers Gerald and Patricia Green.

A $ 3 billion fine for GSK isn’t the whole story A background review of the Justice Department’s investigation remains highly astonishing because the settlement covers the way GSK handled a wide range of business on all its best-selling drugs for more than a decade.

New FAO report says aquaculture will account for 50 percent of world’s fish consumption in 2012 The Asia-Pacific region dominates the sector, in 2008 it accounted for 89.1 percent of global production, with China alone contributing 62.3 percent. Of the 15 leading aquaculture-producing countries, 11 are in the Asia-Pacific region, including Vietnam.

U.S. Seafood Testing is Inadequate, say Researchers Veterinary drugs are continuing to be used in aquaculture from developing countries, which can lead to adverse health consequences, including the development of antibiotic-resistant bacteria on fish farms and their spread in seafood products.

Background Briefing on ASEAN, East Asia Summits The bulk of the discussions were a very robust conversation on maritime security and the South China Sea . The principles, beginning with the initial speakers, Singapore, Philippines and Vietnam, included the importance of protecting freedom of navigation in the maritime domain in general and in the South China Sea in particular; the importance of adherence to the rule of law in approaching and settling disputes; the applicability of the U.N. Convention on the Law of the Sea and the importance for all nations to abide by its terms.

White House Fact Sheet: ASEAN-United States Leaders Meeting Leaders adopted the Five-year ASEAN-United States Plan of Action, a roadmap for expanding our strategic cooperation. The Plan of Action includes collaborative projects in three main areas, political and security, economic and trade, and socio-cultural cooperation.

U.S. Department of Justice Asst Attorney General Update on Foreign Corrupt Practices Act (FCPA) “I have made fighting corruption around the world a top priority for the Criminal Division. At a time when people across the globe are taking to the streets in frustration over the widespread corruption that exerts a stranglehold over their aspirations, the urgency of this fight is plain. We must, and we will, devote ourselves to continuing it.”

Price, Quality, and Service: comments about the FCPA Fighting corruption is not just a moral imperative, it’s a business necessity. Corruption erodes competition; price, quality, and service all suffer.

Why are there no McDonald’s in Vietnam? here are some answers we have heard. … what have you heard?

An Analysis of State-owned Enterprises and State Capitalism in China, 2011 The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China’s SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.

Asia-Pacific Trade and Investment News for the Asia-Pacific Council of American Chambers of Commerce (APCAC), prepared by the BGR Group.

U.S. Chamber Asia Weekly Update, Nov 14-21, 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

AmCham Membership Directory 2012: Company Listing and Announcements
Do you have the right KPIs? – Balanced Scorecard Approach
Th, Nov 24 12th AmCham Old Fashioned Thanksgiving Dinner
BRIBELine: Report a Bribe (anonymously)
TRACE International: Anti-bribery compliance solutions
11th Annual Thanksgiving Turkey Shoot Scramble Golf Tournament
Breakfast Briefing: Build a Superstar Team Today!
16th Annual Governors’ Ball 2011 • A Hawaiian Christmas • Sold Out !
Do you have a Global Entry Card ? APEC Business Travel Card ?
Why are there no McDonald’s in Vietnam?

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.

Nov 9Networking Night: How do Companies React to High Inflation in 2011?
.Presentation by Hoa Nguyen
Oct 26AmCham Palooza Party
.Photo album (18 photos)
Oct 25Lunch: Achieving/Delivering Health Outcomes – 2010 & 2011 Reports on “Pharma 3.0”
.Presentation: Pharma 3.0 and Implications for Vietnam
Oct 11Lunch: Interbrand’s Best Global Brands
.Presentation by Jonathan Bernstein
Oct 07Lunch: Vietnam 2011 – Declining Consumer Nation
Sep 172011 International Coastal Cleanup Day
Jul 2Photo Highights: AmCham’s July 4th Picnic
Jun 14World Blood Donor Day 2011

Other popular information downloads

Southern Key Economic Region: Ports, Industrial Parks, Roads
Developing a 21st Century Workforce in Vietnam
AmCham Letter to Prime Minister re Decree 46 and U.S.-Vietnam BTA
Project 30: PM’s Advisory Council on Administrative Reform
Labour Code and National Conference on Industrial Relations
About AmCham : New Members Welcome Briefing, Sep 20, 2011
Industrial Real Estate in Vietnam, Sep 2011
Vietnam Competitiveness Report, 2010 – Michael Porter, et. al.
Vietnam Provincial Competitiveness Index, 2010
Asia Development Bank (ADB) and the Greater Mekong Subregion (GMS)
Greater Mekong Subregion (GMS) Road Network in 2015
ADB to Mobilize $ 10 billion for Vietnam projects over 2011 – 2015
Connecting Greater Mekong Subregion (GMS) Railways: A Strategic Framework
Asian Development Bank: VN Economic Fact Sheet
World Bank: Vietnam Economic Data and Statistics
World Bank: East Asia & Pacific Economic Update, Nov 2011: Vietnam Report
2011 Total Remuneration Survey: Mercer & Talentnet. 329 Firms, 90,282 employees
Ho Chi Minh City Metro Rail System Project Map
Greater Mekong Subregion (GMS) Responsible Tourism
About AmCham : Support for Education in Vietnam
Consumer Trends in Vietnam, 2005 – 2011
BRIBELine: Report a Bribe (anonymously)
TRACE International: Anti-bribery compliance solutions
An Analysis of State-owned Enterprises and State Capitalism in China, 2011
Trans-Pacific Partnership (TPP) Trade Ministers’ Report (Summary), Nov 2011
Outlines of the Trans-Pacific Partnership Agreement (Details), Nov 2011
Sr Official: Background Briefing: ASEAN, East Asia Summits, Nov 2011
White House Fact Sheet: ASEAN-United States Leaders Meeting, Nov 2011

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).