Weekly Update Sep 10: Members Night-Meet Consul General, Leadership in Asia

Keep up-to-date about U.S.-Vietnam trade and investment with Weekly Updates.

Upcoming Events, Committee Meetings, and Other Activities

Plan ahead. Click here to see all upcoming Events and Committee Meetings

Wed, Sep 12, Deadline to apply to join Commerce Gutierrez Mission to VN (Nov 4-8)
U.S. companies have the chance to break into or increase their current sales in this growing market by joining Commerce Secretary Gutierrez as he leads a delegation of U.S. businesses on the Business Development Mission to Vietnam from November 4-8, 2007. Click the above link for more information, or click this link to submit an online application now.

Thu, Sep 13, Members Night: Meet the new U.S. Consul General and the new Ambassador
Meet the new Ambassador, Consul General and other newly arrived officers. Introductions and brief from the U.S. Consulate General. Cockail reception with networking opportunties with over 100 members. Spouses and guests are we!ome and encouraged to attend !

Fri, Sep 14, Roundtable on Investment Law and WTO Investment Related Commitments
Half day roundtable with presentations followed by discussion and Q&A with two of the key architects at the Ministry of Planning & Investment who helped shape the Investment Law and negotiated the investment-related WTO commitments.

Mon-Tue, Sep 17-18, Vietnam-U.S. ICT Commercial Dialogue
A dialogue will be between government-to-government, business-to-business, and combined governments to business, with a focus on trade and investment promotion in the ICT industries. Click the link for more information.

Wed, Sep 19, Lunch: Leadership in Asia
Leadership is perhaps the greatest challenge of any business career. But how should a leader behave in the Asian cultural context? How to navigate differing behavioral norms or deal with the ethical issues that can arise? Prof. DeKrey will share real life experiences of Asia’s unique leadership challenge. Whether you are a seasoned business leader or on your first assignment to Asia, you will gain insight into the practical issues of leadership in the Asian context. Click the link for information and to register online.

Tue, Oct 2, First Advantage Asia-Pacific seeks meetings to set up office in Vietnam
FIRST ADVANTAGE ASIA PACIFIC provides a total solution to talent acquisition and is the largest provider of Employment Background Screening Services in the Asia region. We currently run comprehensive programs for over 700 companies in the region. We have recently started pursuing the option of setting up an office in Vietnam in order to provide the local and international market access to our world class services, and we would like to meet with parties interested in learning more about our services and who can provide feedback on doing business in Vietnam.

Oct 10-14 HCMC International Furniture & Handicrafts Fair
Vietnam’s export of furniture for bedrooms has prospered for three years with export to the U.S. gaining the strongest growth. As a result, export revenue of bedroom furniture in 2005 was over US$ 200 million and surged to US$ 500 million out of US$ 2 billion of woodwork export turnover.

Tue-Wed, Oct 30-31. Southern Economic Zone Investment Mart 2007
In a unified effort of the provinces in the Southern Economic Zone, the Investment and Trade Promotion Center of HCM City, together with all the provinces, will organize a two-day conference for international investors to consider investment and business opportunities in the region. Click the link for background, schedule, registration and sponsorship.

Nov 4-8 U.S. Commerce Secretary to lead Mission to Vietnam
U.S. Commerce Secretary Carlos M. Gutierrez announced he will lead a business development mission to Vietnam in late 2007. The mission will highlight export opportunities for U.S. businesses, and is the first Secretarial Business Development mission to visit Vietnam.

News and Issues Updates

Click this link for these and more News Highlights

APEC: The Price of Success
APEC’s growing power is most clearly on display when it tackles issues such as climate change and consumer product safety. The Pacific Rim is the center of global greenhouse gas emissions, so the APEC nations must be involved. More than two-thirds of the world’s greenhouse gas emissions come from APEC nations. The product safety question is how to dramatically improve quality assurance while maintaining a level playing field in terms of costs in low-cost production countries such as China, Vietnam, Indonesia, and Cambodia.

Senators Baucus, Hatch propose new Trade Enforcement Bill
The proposal devotes more resources to identify and remove trade barriers, institutes greater oversight of trade enforcement, and clarifies procedures for detecting and prosecuting violations of U.S. trade laws.

Request for Comments: Draft Decision on FDI Payment of Trade Union Fee for Workers
The intention of the Decision is that from 2008, all FDIs will have to pay the Trade Union fee at the rate of 1% of the enterprise total salary scheme.

Thriving in a Global Economy: The Truth about U.S. Manufacturing and Trade
U.S. factories remain the world’s most prolific, accounting for more than 20 percent of the world’s added manufacturing value. By comparison, Chinese plants account for about 8 percent. Thus, for every dollar of product made in China, U.S. factories produce $ 2.50 of output.

More news you can use

Weather – Tropical depressions, storms, and typhoons
We are in the typhoon season, with storms spinning out of the Eastern Sea. None are approaching Vietnam at this time, although there is one tropical storm approaching Japan. Click the link for weather information, including the latest satellite weather photos updated every hour.

Dong Nai Bridge Traffic Diversion to start Aug 20
Beginning August 20, vehicles seating seven passengers or less and heading towards Ho Chi Minh City will be diverted to the Hoa An bridge, also located in Bien Hoa city.

Dong Nai Bridge may collapse at any time
The 43-year-old Dong Nai Bridge, connecting three industrial hubs—Ho Chi Minh City, Dong Nai, Binh Duong—can collapse any time, an official has warned. It is ” … safe, unless overloaded … ,” according to the Ministry of Transport.

Event Presentations, Downloads, 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. Download the AmCham HCMC Board of Governors Report on

Click the above link to download

  • Aug 31 AmCham – United Way Information Meeting for Local Community Partners – Grant Application
  • July 13-14 Nike Apparel Sale for Charity – PHOTO ALBUM
  • June 30 AmCham Independence Day & Family Picnic PHOTO ALBUM
  • June 21 U.S. Chamber Lunch in honor of President Triet – PHOTO ALBUM

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.

Benefits and Services
Review AmCham benefits and services and learn how you can benefit from Networking Online, with about 100,000 visitors and 200,000 page-views per month to www.amchamvietnam.com.

Your announcement in AmCham’s Weekly Update email
Every Monday or Tuesday, 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.

Tips and hints from the AmCham webmaster

Not receiving AmCham’s weekly update emails? Then, please check your spam of junk mail folder. To insure that you receive all future communication from AmCham, please add our email address to your address and your safe list or “white list” (if applicable).

Computing Tips: The Future of Work
It’s an emerging dynamic variously dubbed mass collaboration, peer production, or crowdsourcing. Whatever the name, collective efforts are exploding online, and are producing incredible value, even though they aren’t traditionally considered “work.” Says MIT Professor Thomas W. Malone: “Google and Wikipedia are just scratching the surface of whole new kinds of economic organisms.”

Computing Tips: Taking your small business online
Discover the many reasons a business develops a Web site and learn to identify the type of site that’s right for your business. Learn to make key decisions for taking your business online and understand the various options available to you.

Speakeasy Speed Test Click on the SPEED TEST image to test your internet connection speed. By measuring the download and upload rate you are able to accurately judge your current line throughput or internet connection speed.

Try it now to see how if your internet connection measures up. And if you don’t have high-speed cable access, get it now. You can’t afford not to.

Keep up-to-date about U.S.-Vietnam trade and investment with Weekly Updates.