Weekly Update Sep 5: Build Employer Brand,Talent Management, Real Estate Networking Night

Highlights

Mo, Sep 5 Labor Day 2011 (U.S. Holiday)
We, Sep 7 Build Your Employer Brand
We, Sep 14 Sustainable Talent Management
Th, Sep 15 Real Estate Networking Night: Industrial Sector
Fr-Su, Sep 16-18 Weekend Retreat in Hoi An
Sa, Sep 17 International Coastal Cleanup Day
Mo, Sep 19 Economic Dynamism: Growth and Overcoming the Limits of Geography
Tu, Sep 20 Members Night and Networking Cocktail Reception
Sa, Sep 24 – Sa, Dec 3 AmCham Scholarship 2011
We, Sep 28 AmCham Palooza Party
Th-Sa, Nov 10-12, APEC CEO Summit: Hawaii
Southern Key Economic Region: Ports, Industrial Parks, Roads
Developing a 21st Century Workforce in Vietnam

May – Nov is Typhoon Season in the NW Pacific. On average, 27 tropical storms form in this basin every year. Click the link to visit our “Weather” page for updates on tropical storms.

Events, Meetings, Activities, and Special Offers

Hawaii Executive MBA – Last Call for Fall 2011 Intake Apply Now! Vietnam citizens or foreign nationals living in Vietnam are welcome to apply, with classes typically made up of 40 – 50 students from around the world, with an average of 5 to 10 years of work experience.

Tu, Sep 6 Reflections celebrates French Favorites in Five-Course Wine Dinner at the Caravelle Hotel. Vintages from some of the world’s most well-known wine regions will be uncorked for a one-time wine event at Reflections Restaurant

We, Sep 7 Members Lunch: Build Your Employer Brand in Vietnam An employer brand is like a hair-style. All organizations have an employer brand whether they like it or not. Smart organizations take time to define a style for their brand which is easy to recognize and adds value to their goals and objectives. 

Th, Sep 8 Leeuwin Estate Wines & Seven-Course Prix Fixe Dinner at Caravelle Reflections Restaurant will shine the spotlight on exceptional wines from one of the most highly-regarded vineyards in West Australia with a seven-course Leeuwin Estate Dinner, showcasing the boutique winery’s acclaimed Art Series and Prelude Series.

Fr, Sep 9, Rugby World Cup 2011 at the Caravelle Hotel … a great afternoon and fantastic networking opportunity for both rugby and non-rugby followers alike.

Every Friday in Sep, Welcome the Weekend with Mouth-Watering Morsels at Caravelle Hotel Make time to reconnect with friends and reward yourself at the end of a long work week. Reflections Restaurant’s Martini Bar is inviting weary customers to kick back with a favorite martini and tapas-style finger food every Friday evening in September.

We, Sep 7 Members Lunch: Build Your Employer Brand in Vietnam An employer brand is like a hair-style. All organizations have an employer brand whether they like it or not. Smart organizations take time to define a style for their brand which is easy to recognize and adds value to their goals and objectives. 

Sa, until Sep 24, Saturday Brunch at Legend Hotel Saigon Why wait until Sunday to enjoy brunch? This Saturday take your family out for an unforgettable brunch experience at Legend Hotel Saigon. The luxury river-front five-star international hotel is offering buffet brunch not only on Sundays but on Saturdays as well from now until Sep 24.

We, Sep 14 Sustainable Talent Management Strategy: Asia Pacific’s vs. Vietnam’s Perspective Talent management remains one of the most pressing and challenging issues for business leaders globally. With Asia Pacific being one of the fastest growing region and a rapidly ageing demographic, the war for talent is even more important to organizations in the region.

Th, Sep 15 Real Estate Networking Night: Vietnam Industrial Sector Join us for our first ever exclusive Industrial market focused event and receive an update on Vietnam’s national industrial real estate market from Vietnam’s only dedicated Industrial property agency team CBRE and Mapletree Logistics, Vietnam’s largest logistics warehousing provider in HCM City.

Fr-Su, Sep 16-18 Weekend Retreat in Hoi An A unique chance to sample Nam Hai luxury at only $ 250/night/net. Meet new friends at a cocktail party and sumptuous buffet. Sample local nightlife at an Old Town party on Saturday night. Test your skills on two fabulous golf courses, or visit the Cham Museum or Marble Mountain. Or just relax by the ocean or pool.

Sa, Sep 17 International Coastal Cleanup Day, 2011 Join 10 AmCham companies and 600+ volunteers, and the global movement that is giving back to our ocean, by spending just one day cleaning up trash from our world’s waterways and oceans. Vietnam has over 3,000 miles of coastline and ambitious plans for ocean-oriented leisure tourism development, so let’s clean up the beaches!

Sa, Sep 17 Photo Competition at the International Coastal Cleanup Day Capture the essence of the day. Conjure up some camera magic to convey the fun, team spirit of people from all walks of life coming together to collect coastal trash and make Vietnam’s beaches beautiful!

Mo, Sep 19 Economic Dynamism: Growth and Overcoming the Limits of Geography The future outlook of US, Europe and Asian economies; and at the end some comments on Vietnam

Tu, Sep 20 Members Night and Networking Cocktail Reception Meet Consulate General key staff, other AmCham members, and especially new members. All members’ spouses and invited guests are welcome and encouraged to attend!

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.

Sa, Sep 24 – Sa, Dec 3 AmCham Scholarship Program AmCham will grant scholarships to 40 top students in partnership with Vietnam National University – Ho Chi Minh City (VNU-HCM), Banking University, Foreign Trade University in Ho Chi Minh City, Ho Chi Minh City University of Law and Hoa Sen University.

We, Sep 28 AmCham Palooza Party at Moevenpick Hotel Saigon Monthly networking event for young professionals at the coolest and latest nightspots in Ho Chi Minh City. A platform to develop new friendships, and information exchange.

Oct 5-8 Expo 2011: Furniture & Handicrafts Fair with the latest and unique models, and diversified and skillful design. Also wood processing equipment and materials will be exhibited.

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

Inflation control remains top priority: PM Dung At the regular cabinet meeting Aug 30 to Sep 1, he instructed the constant pursuit of the tightened monetary policy and the adoption of policies to support small- and medium-sized enterprises and rural and agricultural areas.

Curb inflation for Vietnam’s national interest There is a need rely on market based policies and phase out price controls and other quantitative restrictions. Vietnam’s macroeconomic instabilities are rooted in structural constraints such as inefficiency in public investment, weak governance of state-owned enterprises, health of the banking sector, etc. These problems need to be addressed in the medium-term.

Minimum Wage Adjustment for 2012 to be effective from Oct 5, 2011 varying from VND1.4 to 2 million per month, will be applied equally to employees working for Vietnamese and FDI companies and organizations across the country.

Japanese investors are attracted to Vietnam, but may switch strategy to focus on imports and retailing, with some existing investors even closing down operations to focus on them.

Old woes make business in Vietnam tough: foreign chambers “Frankly speaking, Vietnam is no longer in a front-runner or pole-position in the ASEAN region.”

Japan funds supporting industry development in HCM City to expedite localizing the supply chain by developing Vietnamese component suppliers.

Vietnam businesses use social networks more for marketing including big names like Vinamilk, Vietnam Airlines, MobiFone, LG, Coca-Cola, adidas, HTC, Dell, or Dove.

Sentence reduced for HCMC official in graft scandal from life imprisonment to 20 years. Huynh Ngoc Si was accused of taking bribes of up to US$ 262,000 in 2003.

10 Vietnam firms in Forbes “Best under a Billion” list up from one in 2010.

Russian tourists will flock to Nha Trang and Phan Thiet via daily flights direct from Russia to Cam Ranh International Airport from late Oct to early May 2012.

Kohler introduces new water-saving products If an average family of four swaps out a 3.5-gpf unit for a high efficiency 1.28-gpf unit, they can save 16,500 gallons per year. And that adds up to a lot of money saved.

Developing a 21st Century Workforce in Vietnam Vietnam’s top technical universities, working with universities in the U.S., Intel, and the U.S. and Vietnamese governments, have embarked on an ambitious initiative to modernize their engineering degree programs, in the “Higher Engineering Education Alliance Program.”

Vietnam Competitiveness Report, 2010 – Michael Porter, et. al. Vietnam’s growth since the mid-1980s has been driven by transition and structural change. More recently, the policy response mainly focuses on intensifying investment, especially in SOEs and infrastructure, to generate growth rather than on upgrading productivity and efficiency. But the economic logic behind this growth model ultimately has limited potential.

Vietnam Provincial Competitiveness Index, 2010 Using new survey data from 7,300 businesses in Vietnam that describe firm perceptions of their local business environments and hard data, the PCI 2010 continues to benchmark the capacity of local governments to develop regulatory environments for private sector development. The PCI 2010 report includes a special feature on survey results from 1,155 foreign invested enterprises.

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

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

Aug 133rd Vietnam Education Foundation Conference: AmCham Support for Education
Aug 11Members Lunch: Consumer Product Safety Commission
.Presentation: Improving Consumer Product Safety for Products Exported to the USA
.http://www.SaferProducts.gov
.U.S. Consumer Product Safety Commission
Jul 7Crisis Management: How to Manage a Crisis that Hurts Your Company’s Reputation
.Presentation: Crisis Management
Jul 2Photo Highights: AmCham’s July 4th Picnic
Jun 17Members Night TPP Briefing & Networking
.Photo album (11 photos)
Jun 14World Blood Donor Day 2011
.News Highights: AmCham’s World Blood Donor Day

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.

Computing Tips 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-book and to your “safe list” or “white list” (if applicable).

Weekly Update emails are sent from [email protected], If you use a SPAM Filter please add this address to your email address book or “Whitelist.”

Please click this link if you want to update your email address.

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