Weekly Update Oct 31
Membership Directory 2012; How do companies react to high inflation? Make arbitration work for you.
There are no active tropical storms approaching Vietnam in the NW Pacific as of Oct 31, 2011. May-Nov is “Typhoon Season.” On average, there are 27 typhoons each year.
Events, Meetings, Activities, and Special Offers
Mo, Oct 31 Halloween Nightmare at Caravelle Take your Halloween celebrations to another level this year with a one-of-a-kind Nightmare Halloween Party at the Caravelle Hotel’s rooftop 9th floor Saigon Saigon Bar. Scarier than ever, the city’s favorite open-air nightspot will be transformed to set the mood for a night of blood-curdling fun. Spooky decorations, frightening finger food and shock-inducing shots await party-goers on the evening of October 31st.
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.
Food and beverages highlights in November at Sheraton Saigon Hotel & Towers One of the highlights for the month is the Banfi wine dinner on the Nov 25 at Signature restaurant. Saigon Café will be including US crabs to their buffet on Saturday evenings. Celebrate Thanksgiving Day on Nov 24 in Saigon Café. The Moët & Chandon and chocolate brunch; a selection of specialty dishes at Li Bai Chinese restaurant are also offered in November.
Mo-Fr, Oct 31-Nov 4 Thierry Drapeau delivers French Cuisine with Flair at Caravelle From the rolling, green hillside of the Vendee to downtown Ho Chi Minh City, two-star Michelin chef Thierry Drapeau is bringing the vibrant cuisine of France to diners at Caravelle Hotel.
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.
Th-Sa, Nov 3-5 Vietnam International Shop & Franchise Show 2011 More than 300 famous Vietnamese and international companies will be present as as exhibitors, including Tous Les Jours, Kinh Do, Everon, Kumho Tire, NiiT, City Smart, Techcombank, Xerox, Vietnam-Korea Residents Newspaper, etc.
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 Networking Night: 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.
We, Nov 16 Making Arbitration Work for You Practical Considerations in Implementing Vietnam’s New Commercial Arbitration Framework.
We, Nov 23 (HCMC) & Th, Nov 24 (Hanoi) Innovative Human Capital Solutions for Vietnam Businesses! Towers Watson will share the findings of our 2011 Vietnam General Industry Compensation Survey Findings/ Autumn. Get the latest market trend information including salary increases, staff turnovers and hot HR issues in the market.
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.
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 80 3rd year and final year university students. The applicants will have completed a rigorous four-stage assessment process, including application screening, English Language Test, Profiles International Vietnam’s ProfileXT Assessment, and Interview in English by AmCham HR Committee Members.
USA Franchise Business Mission to Hanoi (We,Dec 7) and Ho Chi Minh City (Fr, Dec 9) 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 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
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.
Vietnam Gets $ 1 Billion Loan From US Ex-Im Bank For Wind-Energy Projects In the first project in Bac Lieu Province, borrowings from Ex-Im Bank will be used to pay for the purchase of wind-turbines from U.S. firm General Electric.
Vietnam Attracts Coffee Companies Seeking Supply Vietnam became the world’s largest producer of robusta in 1997-98, displacing Indonesia, and was the second-biggest for all types of coffee by 1999-2000. Vietnam’s crop doubled since 1999- 2000 as roasters sought to cut expenses by using more robusta, which costs about 60 percent less than the arabica preferred by Starbucks Corp., the world’s largest coffee-shop operator.
Exxon Makes Find off Vietnam’s central coast Exxon’s discovery is important for Vietnam, which is trying to boost its oil and gas production as the country’s aging fields fail to meet growing domestic demand. Vietnam, a net oil exporter and the third-largest oil producer in South Asia, started awarding exploration rights in 2004 to companies from the U.S., Canada and India.
Vietnam PM in Tokyo to push atomic power, minerals The visit is expected to promote Japan’s export of nuclear power plants and joint development of rare earths in Dong Pao in Vietnam’s northwest. Such rare earths as lanthanum, cerium and neodymium which are indispensable for production of liquid crystal display panels and motors for gasoline-electricity hybrid vehicles.
Vietnam economic reform faces crisis of confidence: Singapore Press Holdings “Vietnam is stuck producing the same things. more and more coffee, rice, cashew, paper, shirts and shoes, and is having trouble moving into higher value-added production.”
TPP: Vietnam rejects US push on state firms in trade talks The United States floated its plan in negotiations this week on the nine-country Trans-Pacific Partnership, or TPP, a free-trade zone that would stretch across much of the Pacific Rim.
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.
China urges other countries to respect its accord with Vietnam on maritime issues Comments came after it was reported that the Philippines opposed the latest China-Vietnam joint statement and called for a multilateral approach, rather than a bilateral agreement, to resolve disputes concerning the South China Sea.
China May Resort to Force in Sea Disputes, Global Times Says Countries such as Vietnam, the Philippines and South Korea should not take China’s “mild diplomatic stance” for granted as they seek to resolve conflicting territorial claims, the newspaper said. The government distanced itself from the report today, saying it didn’t represent its views.
Indian Ambassador to Vietnam Ranjit Rae speaks to NewsX on economic co-operation between India and Vietnam and relations between the two countries.
Trade and Investment News from Washington DC for the Asia-Pacific Council of American Chambers of Commerce (APCAC), prepared by the BGR Group.
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
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.
Other popular information 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.
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).