Weekly Update Oct 24: “Pharma 3.0”, Palooza, Membership Directory 2012

Highlights

AmCham Membership Directory 2012
AmCham Scholarship 2011
AmCham • Intel Women in Engineering Scholarship 2011
Tu, Oct 25 Members Lunch: Achieving/Delivering Health Outcomes – “Pharma 3.0”
We, Oct 26 AmCham Palooza Party @ Orientica, Hotel Equatorial
Su, Oct 30 Application Deadline AmCham • Intel Women in Engineering Scholarship
Tu, Nov 1 Legal Committee Meeting
We, Nov 9 Networking Night: How Do Companies React to High Inflation?
Th-Sa, Nov 10-12, APEC CEO Summit: Honolulu, Hawaii
We, Nov 16 Morning Briefing: Making Arbitration Work for You
Th, Nov 24 11th Annual Thanksgiving Turkey Shoot Scramble Golf Tournament
Th, Nov 24 12th AmCham Old Fashioned Thanksgiving Dinner
Sa, Dec 10 16th Annual Governors’ Ball – “A Hawaiian Christmas”
We, Dec 14 Annual General Meeting
Mo-Tu, Mar 26-27 Asia Pacific Business Outlook, Los Angeles CA
About AmCham : Support for Education in Vietnam
Consumer Trends in Vietnam, 2005 – 2011

There are no active tropical storms approaching Vietnam in the NW Pacific as of Oct 24, 2011.

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.

VILAF’s Continued Growth of Legal Practice VILAF is very delighted to announce the further strengthening of its legal practice with critical achievement and growth of its legal team. VILAF’s commitment to higher quality, professionalism and excellence to its clients is exemplified by its strong and diverse legal team.

Tu, Oct 25 Members Lunch: Achieving/Delivering Health Outcomes – 2010 & 2011 Reports on “Pharma 3.0” Ernst & Young global and regional Life Sciences Leaders will present the highlights of the highly publicized 2010 and 2011 reports on “Pharma 3.0,” which describe the innovation and integration of major traditional giants and entries of nontraditional players into Life Science fields focusing on “achieving/delivering healthy outcomes.”

Tu, Oct 25 Gourmet Evening: Marques De Murrieta & Fine Tapas at Caravelle Kicking off with canapés and a welcome drink of Ferrari Maximum Brut, the event will be conducted by Mr. Ketil Groenli, export director of Marques de Murrieta. As a prelude to the five-course Spanish-inspired dinner, guests will enjoy a round of tapas, before starting on a Pazo Barrantes, Albariño 2010 awarded 90 Parker Points, followed by a Capellanía, Blanco Reserva 2005, a 91 Parker Point scorer.

We, Oct 26 AmCham Palooza Party @ Orientica, Hotel Equatorial Monthly networking event at the coolest and latest nightspots in Ho Chi Minh City. A platform to develop new friendships, and information exchange.

Fr, Oct 28 Chile’s Casa Silva Wine Dinner at Caravelle Wine enthusiasts can enjoy the flavors of one of the most talked about ‘new world’ wineries during a special wine tasting and dinner at Reflections Restaurant, featuring recent releases from the Casa Silva Winery in Chile, named 2010’s “Winery of the Year.”

Mo, Oct 31 Legend Hotel Saigon’s Halloween Night Don’t miss spooktacular Halloween party at the hotel’s Atrium Cafe! It’s Saigon’s most spectacular international buffet added with frightful foods and devilish drinks in a true atmosphere of haunted Halloween.

Tu, Nov 1 Legal Committee Meeting Regular monthly meeting of the committee to review upcoming events, discuss and prepare positions on key issues, laws and regulations relating to trade and investment between Vietnam and the United States.

We, Nov 9 Dialogue with HCMC Customs Department Get updates on changes of VN Customs Law and Procedures, and discuss your experiences with HCMC Customs Department officials.

We, Nov 9 How Do Companies React to High Inflation? In response to such a changing economy, organizations have considered to take some actions in addition to salary increase to support for their employees. These kinds of data will be very beneficial for companies to study and make some applications subject to their business status for a good retention strategy.

Th, Nov 10 Vietnam Practical Personal Income Tax & Labor Law Compliance 2011 This seminar is not a simple overview of the new law on personal income tax, but a full day in-depth workshop that covers all the details you need to implement tax planning. The most authoritative experts and consultants are gathered for this important topic for international enterprises and investors.

Th-Sa, Nov 10-12, APEC CEO Summit: helping define the future of private-sector engagement in the Asia-Pacific is the Asia-Pacific’s premier business event, drawing thousands of economic and business leaders from around the region and beyond. Unparalleled opportunities for business executives to engage in dialogue with global leaders and ministers of foreign affairs and trade, discover business opportunities through networking with CEOs from hundreds of top Asia-Pacific companies, and to forge connections with economic thought leaders from around the region and the world.

We, Nov 16 Making Arbitration Work for You Practical Considerations in Implementing Vietnam’s New Commercial Arbitration Framework.

Th, Nov 17 Infor10 Financials Business (SunSystems) VAS edition for Hospitality Join us and meet with TRG International executives to learn about the latest global release of SunSystems for VAS and for Hospitality and how it could assist your Vietnam operations today.

Th, Nov 17 Working Smarter to Accelerate & Control the Process of Planning and Budgeting This seminar will show you tools to manage the Performance Management process of Planning & Budgeting

Th, Nov 24 11th 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 24 12th 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.

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 are limited, so please make your reservation request early to avoid disappointment.

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.

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

The International School Ho Chi Minh City (ISHCMC), located in District 2 has been successfully graduating students with an IB Diploma to high-profile overseas colleges and universities since 1999. ISHCMC is the only authorized IB World School in Ho Chi Minh City, providing an International Baccalaureate curriculum (PYP, MYP, and IBDP) to all of their students, from ages 2 to 18 years.

America’s Pacific Century: U.S. Secretary of State Clinton Harnessing Asia’s growth and dynamism is central to American economic and strategic interests. As Asia is critical to America’s future, an engaged America is vital to Asia’s future. The region is eager for our leadership and our business, perhaps more so than at any time in modern history. We are the only power with a network of strong alliances in the region, no territorial ambitions, and a long record of providing for the common good.

Manufacturing is Expected to Return to America as Rising Labor Costs Erase Savings from Offshoring “We expect net labor costs for manufacturing in China and the U.S. to converge by around 2015. As a result of the changing economics, you’re going to see a lot more products ‘Made in the USA’ in the next five years.”

Making It in America Just last week, GE CEO Jeffrey Immelt said that outsourcing has peaked and GE will hencefoward be focusing on creating more jobs in the U.S.

Why Companies Aren’t Getting the Employees They Need Some of the complaints about skill shortages boil down to the fact that employers can’t get candidates to accept jobs at the wages offered. That’s an affordability problem, not a skill shortage. A real shortage means not being able to find appropriate candidates at market-clearing wages. We wouldn’t say there is a shortage of diamonds when they are incredibly expensive; we can buy all we want at the prevailing prices.

Vietnam loses appeal to foreign investment amid economic woes Once seen as on its way to joining economic tigers Taiwan and South Korea, Vietnam has seen foreign investment decline sharply amid labor problems, crumbling roads, and the global financial crisis. . Now, the number of foreigners leaving Vietnam slightly exceeds those entering, contrasting a 4-to-1 ratio favoring arrivals in 2008, says Ralf Matthaes, regional managing director with market research firm TNS Global.

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

Ho Chi Minh City Metro Rail System Project Map
AmCham Palooza Party, Oct 26, 2011
Achieving/Delivering Health Outcomes – 2010 & 2011 Reports on “Pharma 3.0”
AmCham Scholarship 2011
AmCham • Intel Women in Engineering Scholarship 2011
October US Beef Feast at Caravelle, Oct 21 – 26

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.

Sep 20Members Night and Networking Cocktail Reception
. Presentation for New Members – Herb Cochran, Executive Director
.Asian Development Bank: VN Economic Fact Sheet
.World Bank: Vietnam Economic Data and Statistics
Sep 19Economic Dynamism: Growth and Overcoming the Limits of Geography
.Presentation by John Silvia
.Photo album (17 photos)
Sep 172011 International Coastal Cleanup Day
.Photo album (61 photos)
Sep 15Real Estate Networking Night – The Vietnam Industrial Sector
.Presentation by Greg Ohan, CBRE
.Presentation by Quek Sze Kheng, MapleTree Vietnam
.Presentation: Sustainable Talent Management Strategy – Cathy Loose, Towers Watson
Sep 07Members Lunch: Build Your Employer Brand in Vietnam
.Specific Project Professional Indemnity Insurance
.Cambodia Trade and Investment Opportunities
.SRP International Group
Jul 2Photo Highights: AmCham’s July 4th Picnic
Jun 14World Blood Donor Day 2011
.News Highights: AmCham’s World Blood Donor Day

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
Greater Mekong Subregion (GMS) Road Network in 2015
ADB to Mobilize $ 10 billion for Vietnam projects over 2011 – 2015
Asian Development Bank: VN Economic Fact Sheet
World Bank: Vietnam Economic Data and Statistics
2011 Total Remuneration Survey: Mercer & Talentnet. 329 Firms, 90,282 employees
Connecting Greater Mekong Subregion (GMS) Railways: A Strategic Framework
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

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).