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Business Leaders Forum, Dinner with Ambassador Shear, Palooza, Members Night
Vietnam's economy will continue to be as bleak in 2013, as in 2012 said Sanjay Kalra, resident representative of the International Monetary Fund (IMF) in Vietnam. Economic recovery greatly depends on economic restructuring, but the process is moving at a very slow pace. "I think it is a must to reduce bad debt in the banking system. Banks must accurately report on their bad debt," he said. He complained there was not much information about SOEs. Up-to-date information about SOEs is a prerequisite for reliable assessment, he said. Learning by experience of the last two rounds of inflation, the Government should focus on stabilizing the macro-economy rather than rushing to do something, for example, stimulating economic growth, which is not a sustainable way, he said.


Business Leaders Forum - TPP Interests and Concerns for Businesses in Vietnam

Whether your company HQ is in a member country of the Trans-Pacific Partnership (TPP) Free Trade Agreement (FTA) or not, you will enjoy many of the benefits of the TPP FTA if your company is operating in Vietnam. The 17th Round of TPP Negotiations is now underway in Lima, Peru, from May 15 - 24, and ...

Fr, May 24

Dinner with U.S. Ambassador to Vietnam, David Shear    


Understand the strategic importance of TPP and the meaning for your business. For over 30 years, Amb. Shear has served in key Asian capitals: Beijing, Tokyo, Kuala Lumpur, and Hanoi. In Washington, he has served in the Offices of Japanese, Chinese, and Korean Affairs, as the Special Assistant to the Under Secretary for Political Affairs, #2 in the State Department hierarchy, and as Deputy Assistant Secretary in the Bureau of East Asian and Pacific Affairs.

We, May 29

AmCham Members Night and Meet Consulate General 


AmCham invites you to attend a Members Night, with networking cocktails and buffet reception. Members' spouses and guests are not only invited but also encouraged to attend with you. The cocktail reception will offer networking opportunities for one-on-one conversations with the Consulate General Team, AmCham Governors, fellow members, and especially to meet new members. 

Committee Activities
When:    Tuesday, May 20, 2013 - 2:00pm - 5:00pm
    AmCham Office 3F, New World Hotel Saigon

When:     Friday, May 24, 2013 - 3:00pm - 5:00pm
    AmCham Office 3F, New World Hotel Saigon

When:     Friday, Jun 7, 2013 - 5:30pm - 8:30pm
Where:    New World Hotel Saigon
Events, Meetings & Special Offers


It's about time to learn more about predictive, preventive & regenerative health care in today daily lifestyle. Vitallife is honored to share with you the importance of preventive and anti-aging. We all need to balance our hormones, immunity...and understand the beauty from within our body. 


AmCham will continue its series of monthly informal networking events at the coolest and latest nightspots in Ho Chi Minh City. Free admission for members. VND 100,000/non-member. includes free canapes; special prices for drinks, charged upon consumption to individual guests by the Restaurant
Seeking funding for Child Genital Reconstruction Surgeries,
Hanoi, Vietnam, June 15 - 30, 2013, for 22 children in Hanoi and 8 in Da Nang who have lost their genitals through birth malformations and traumatic injuries. 
Dr. Roberto DeCastro (Bologne) and Dr. Dinh Tue (Houston) will perform 30 infant and child operations at no charge for the disadvantaged families. The entire mission requires $70,000. Any size donations appreciated.
For additional information contact: Greig Craft, President, AIP Foundation (a US 501(c)(3) tax exempt charity) | Tel: +84987186688 | Email: [email protected] - [email protected]

When: June 5, 2013 | Where: Rex Hotel , 141 Nguyen Hue, District 1, HCMC


The Quang Ngai People's Committee and VSIP J.V., Co., Ltd wish to invite you to attend the Investment Promotion Conference : "Quang Ngai - New Opportunities for Investment". 

The aim of this conference is for the Quang Ngai's Leaders to provide participants an insight on the current investment climate and the competitive advantages of investing in Quang Ngai Province. 

The industrial era was about building things, the social era is about connecting things, people and ideas. In Marketing meets Technology we discover what all the fuss is about and how technology can help to bring some order and automation to Marketing in the Social Era. 


Trane, a leading global provider of indoor comfort solutions and services and a brand of Ingersoll Rand, is celebrating its centennial anniversary of delivering performance, innovation, commitment and knowledge to its communities. The Trane locations in more than 50 countries around the world commemorated this milestone with events throughout the month of April. 

News and Issues Updates
Manufacturers in China Survive by Moving to Asian Neighbors

As it shifts production to Vietnam, Lever Style says it is able to offer clients a discount of up to 10% per garment. That is attractive to U.S. retailers.

This shift is already well under way. Lever Style expects that a few years from now, 40% of the clothes it makes for Uniqlo, one of Lever Style's biggest customers, will come from Vietnam and 60% from China. 
FDI firms have moved cell phones and accessories to the top of Vietnam's export list with $12.3 billion in revenue last year, replacing crude oil exports worth $8.2 billion. A total of 2,847 FDI companies were listed as major exporters last year for shipping goods worth at least US$1 million, including Samsung Electronics which exported $10.9 billion, up 77.8 percent over its 2011 output. Customs officials are polling opinions about granting preferential treatment to more FDI companies, in addition to the current 13 which have been deemed transparent and have annual export revenues greater than $300 million.
Experts from around the world are in Vietnam to address coastal land loss, particularly along the Mississippi and Mekong river systems. Representatives from the America's WETLAND Foundation, Vietnam National University and the Netherlands are in Ho Chi Minh City for DELTAS 2013 VIETNAM, the second World Delta Dialogues involving global leaders.  The dialogues will revolve around the theme of "unintended consequences," a term often used in discussing the management of river systems and actions that have later created negative and costly consequences. 
Shoppers Face Tough Choices Over Bangladesh

It is hard for American shoppers to avoid buying clothes made in unsafe factories abroad, because just about all, or 98%, of clothes sold in the U.S. are made overseas. Also, companies don't tell consumers if any of their suppliers violate safety standards. 
$40 million high-quality cotton yarn factory with 25,920 spindles. The parent company, established 1919, is one of the leading yarn and fabric manufacturers in S Korea. The factory's designed production capacity of 6,600 tons of yarn per year. When the plant is extended in its second and third phase (with registered investment of $160 million), it will be the largest mill in Asia, said Kim Joon, General Director of KyungBang Group.

The National Steering Committee for Tourism will present to the Government draft policies meant to make it easier for international tourists to come to Vietnam, including the loosened visa policy proposal. An official of the Vietnam National Tourism Administration told the Daily that the visa-free policy should be maintained for the seven major markets, including Japan, South Korea, Russia, Sweden, Denmark, Norway and Finland. Besides, the visa-free stay for tourists should be 30 days instead of 15 days like now.

The AmCham Member Discounts Program is provided as a Membership Benefit. It serves as a mutually beneficial opportunity for both AmCham Members and AmCham Discount Partners. Members must present their AmCham Membership Card to receive special, privileged discounts offered by AmCham Discount Partners. A listing of discount offers is available in the annual Membership Discount Handbook (hardcopy) and on the AmCham website
Acting U.S.Trade Rrepresentative Marantis met with the head of the Vietnam General Confederation of Labour, Dang Ngoc Tung, to stress how important it is to the United States that the Trans-Pacific Partnership Free Trade Agreement include strong, enforceable labor provisions, including a responsibility to adopt and maintain the five core International Labor Organization standards on workers' rights, including the freedom to associate. The 11-member TPP, which is set to expand to include Japan following the successful conclusion of the domestic processes of the current TPP members, includes countries at varying levels of development. While all TPP partners are expected to meet the agreement's standards, the United States has committed to work with Vietnam to provide technical advice and assistance and to consider other flexibilities that will help it meet the high standards of the TPP - which will increase the TPP's potential to support jobs and economic growth in every member country.
He said that Vietnam recognizes the importance of the TPP and calls for relevant parties' efforts to complete negotiations soon. The two sides need to try to narrow the differences in their viewpoints in the fields of goods, service and investment, Ambassador Marantis said. Vietnam's participation in TPP negotiations reflects the government's determination to accelerate international economic integration, Ninh said. Both agreed that the two sides have achieved important outcomes during the TPP negotiations and will coordinate in reviewing differences and discussing ways to remove them in the next rounds.

Vietnam's state coal miner may make it onto a list of the world's top mining companies by just one measure: its workforce. With almost 140,000 staff, it has more than BHP Billiton Ltd. (BHP) and Rio Tinto Plc (RIO) combined. Vietnam National Coal Mineral Industries had about $4 billion in sales last year, compared with a combined $123 billion for BHP and Rio Tinto, the world's biggest mining companies. The difference in productivity shows the need and challenge facing Vietnam's structural reform of SOEs.

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