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Legal Committee Apr 9, Manufacturing Committee Apr 12, Hire Right & Avoid Firing

CBRE Vietnam shared its view on the industrial real estate market with challenging market conditions in 2012 and a 2013 forecast based on major recent case studies on who / where/ why. Despite difficulties and declines in FDI, a steady but reduced inflow is underway. FDI representatives continue to highlight that FDI in Vietnam is hindered by the high price of industrial land ... weak infrastructure, poor training of workers, and lack of supporting industries.

Our 2013 Membership Directory will be delivered to members starting next week, April 15.

In the meantime, our online Membership Directory is available now. The Directory is a highly effective method for getting to know about other AmCham companies and representatives. It's used in multiple ways by a number of different groups, and is used daily by members and employees at AmCham companies.

New Members use it when they join AmCham, referencing the special section on member benefits and AmCham events and activities. Our online Membership Directory is constantly updated, and you can learn about AmCham companies and their representatives at http://www.amchamvietnam.com/business-directory.
Events, Meetings & Special Offers

Ambassador David Shear

We, Apr 18  

Morning Briefing: Hire Right & Avoid Firing


Firing employees is a tough task worldwide, more so in Vietnam, due to regulations. Very few firings are due to restructuring or changed business environment, beyond the control of the organizations. The majority of terminations are due to non-performance and employee not fitting the job, so hire right and avoid firing.  


The Palooza Party is a platform to develop new friendships, networking opportunities and information exchange. 

Come and join us for a night of casual networking, meet other professionals, bring your business cards! 
AmCham Member: Free admission

Non-Member: VND 100,000 

includes free canapés; special prices for drinks, charged upon consumption to individual guests by the Restaurant

Catholic Traditions in Quang Tri Province  


"As part of my recent trip to the central region of Vietnam, I visited La Vang Pilgrimage Center in Quang Tri Province. I was delighted to see a site of such religious significance firsthand."

"Nhân chuyến đi mới đây của tôi tới miền trung Việt Nam, tôi đă đến thăm Trung tâm Hành hương La Vang ở tỉnh Quảng Trị. Tôi đă rất vui khi trực tiếp tham quan một địa điểm giàu ư nghĩa tôn giáo như vậy."


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.

Come network with other manufacturing and supporting supply chain AMCHAM members.
Honored guest: Brian Neubert, Economic Officer, Consulate General of US.


Welcome you to K-C where diverse people make the difference! We are looking for people who bring passion to win and a desire to make a difference. We will actively seek people from diverse backgrounds and perspectives because this will lead us to better insights, debate and solutions. People join our company to make a difference in the lives of people around the world, in their communities, in their teams and for their families.


Enjoy the special summer promotion in any properties of the deluxe chain Victoria Hotels & Resorts. From the Northwest highland to the coastline of Vietnam, further to the Mekong Delta and the Khmer Empire in Siem Reap. Book the room now and enjoy: 20% discount on contract rates for one to two-night stay; 25% discount on contract rates for minimum three night stay; A various selection of added-value


Whether having a themed party complete with live entertainment, celebrating a 50th wedding anniversary, a company gala dinner for clients or an exclusive product launch party for the latest model, Park Hyatt Saigon is the perfect choice for social and corporate events in Ho Chi Minh City.


Enjoy 20% - 60% off on all Swarovski products from April 4 to 11. 


Store 1: M20 Vincom Center, 70 - 72 Le Thanh Ton, District 1, HCMC 

Store 2: Ho Guom Plaza, 1-3-5 Dinh Tien Hoang, Hoan Kiem District, Hanoi


Vietnam is open to working with the United States and the private sector to see whether a U.S. proposal aimed at resolving the controversial issue of rules of origin for apparel will lead to a solution that would be acceptable to both countries in a Trans-Pacific Partnership (TPP) agreement, according to Tran Quoc Khanh, Vietnam's Chief TPP Negotiator. 


By 2020, "heavy investment in emerging tourism markets will widen traveller choice, increase competition and potentially drive down prices and profit margins across the spectrum of hotels" (*). In the face of challenge, chains need to expand to new markets and independent hotels need to keep pace with big brands or join them. Therefore, to maintain a competitive edge is one of the most critical tasks that CFOs and top-level managers in this industry need to fulfill. 

The chart shows U.S. imports from TPP countries, excluding Canada and Mexico. Vietnam was already the third largest supplier in 2011, overtook Singapore in 2012, and could soon overtake Malaysia to be the leading supplier. As an export market, Vietnam ranks quite low.


"The U.S. has been negotiating market access only with those countries with which we do not already have FTAs.Those negotiations are being conducted bilaterally at a pace that is responsive to the offers from the other countries. The key county is Vietnam, a very large market. We're looking to insure that we have significant market access in areas of interest to the U.S. Vietnam is looking for improved access in footwear and textiles. We are slowly making progress on a package that will be balanced, and addresses the interests of both countries, but we have to do so in a way that is comfortable for both countries." Barbara Weisel, Assistant USTR and Chief U.S. TPP Negotiator.
AGS Four Winds VIetnam opened offices in Vietnam this month, as momentum continues with the AGS group's expansion in Asia. The two new branches are located in the main commercial hub HCMC & a satellite office in the capital of Hanoi. AGS Four Winds Vietnam is headed by Kevin Hamilton. Originally from the UK, he has 7 years removal and logistics experience within Vietnam and proven management   expertise across multiple industries. 
News and Issues Updates
FDI declined for the third year in a row. In 2010, $18.1 billion was reported, $14.7 billion in 2011, and down to only $13 billion in 2012. Neighbouring countries such as Indonesia, Myanmar, Thailand and Cambodia emerge as attractive investment destinations. And global FDI increased from $1.5 trillion in 2011 to an estimated $1.9 trillion in 2012. If Viet Nam does not create a more favourable investment climate, FDI might continue to decline.
Samsung Electronics began work on a hi-tech complex worth US$3.2 billion in Thai Nguyen following the success of its cell phone factory in Bac Ninh, which started operation in April 2009. After three years, Samsung increased its investment in this factory to US$1.5 billion in 2012 and decided to transform it into a technology complex. The factory produced some 100 million products in 2012, over 95% of which was exported to the EU, the Middle East, Russia and some Asian nations, bringing in some US$12.7 billion, or 11% of Vietnam's total export turnover.

The Vietnam Fatherland Front Central Committee (VFF CC) has garnered eight million opinions from people of all walks of life commenting on the draft amendments to the 1992 Constitution since the poll was launched.VFF CC Chairman Huynh Dam handed over a report summing up the opinions to the Committee on drafting amendments to the 1992 Constitution at a ceremony in Hanoi on April 1.
Dam said the opinions reflect people's keen interest in amending the 1992 Constitution to make it that of people that reflect their will and aspirations. ...   

The $4.2 billion Ho Tram Strip integrated resort is facing a delay due to the pull-out of the first resort's operator and financing problem. The developer, Asian Coast Development (Canada) Limited (ACDL), announced that MGM Resorts International (MGM) would no longer manage the first of the Ho Tram Strip's five resorts. The two sides did not reveal reasons for the termination of the agreement which they entered into five years ago.

New World Hotel Saigon #323
76 Le Lai Street, District 1
Ho Chi Minh City