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President Sang's Visit, Joint Statement: "Comprehensive Partnership," TPP to be concluded in 2013
U.S.-Vietnam Comprehensive Partnership to provide an overarching framework for advancing the relationship., and to contribute to peace, stability, cooperation, and prosperity in each country, in the region, and in the world. Commitment to conclude a comprehensive, high-standard Trans-Pacific Partnership (TPP) agreement as soon as possible this year. Comprehensive Partnership will create mechanisms for cooperation in areas including political and diplomatic relations, trade and economic ties, science and technology, education and training, environment and health, war legacy issues, defense and security, protection and promotion of human rights, and culture, sports, and tourism.
Vietnam M&A Forum is the biggest annual event on Mergers and Acquisitions, strategic investment and business alliance in Vietnam. Co-organized by Vietnam Investment Review and AVM Vietnam, with the patronage of the Ministry of Planning and Investment, and the attendance of 500 Vietnamese and foreigners. The main theme of The Forum 2013 is: "Capturing opportunities in a $5-billion market."
Committee Activities
When:      Tuesday, Aug 13, 2013 - 5:00pm - 6:00pm 
Baker & McKenzie Offices 
When:      Wednesday, Aug 14, 2013 - 9:00am - 10:30am
Renaissance Riverside Hotel Saigon 
When:      Monday, Aug 19, 2013 - 8:00am - 9:30am
New World Hotel 
Events, Meetings & Special Offers


Aug 1, 7:30am - 10:30am at Avery Dennison, Thuan An, Binh Duong Province

Aug 2, 7:30am - 10:30am at

- Victoria Healthcare - 135A Nguyen Van Troi St., Phu Nhuan Dist. 

- New World Hotel - 76 Le Lai St., Dist. 1

- Saigon Metropolitan Tower - 235 Dong Khoi St., Dist. 


CFOs are under greater scrutiny as the economy remains uncertain while regulations tighten and investors lose their confidence. Standing still isn't an option for finance professionals in such a dynamic and volatile business environment. The key responsibilities and competencies expected of CFOs nowadays have been changing. Hence, you need fast, focused, adaptable solutions to help you successfully manage what can easily become competing interests - the need to accelerate growth while also keeping both costs and risks under control.

Find out why we're Vietnam's No. 1 Job site. New customers are invited to take advantage of an exclusive 15-day VND 838,500 job post with a minimum of 10 Applications guaranteed. Advertise your job to our 1.3 million monthly jobseekers.

NhanViet Management Group (NVM Group) is a leading HR management solution provider in Vietnam and Indochina, delivering HR excellence to optimize HR capital and investments of companies, both local and international since 2003. Its solutions are HR Management solutions, HR Insights, payroll management and HR compliance solutions.

"With temperatures in the mid-thirties and long, bright sunny days throughout June, July and August, it's the best time of year to head for the coast," said Albert Lafuente - Area Director of Sales and Marketing.  "Our 49 villas, which all include private swimming pools with scenic lagoon views and panoramic vistas toward the East Sea beckon travelers looking to enjoy a weekend in consummate luxury."

Delicious pancakes, golden crispy filling, crisp cucumbers and homemade sweet sauce...there's nothing quite like biting into a perfectly prepared Beijing Duck pancake. Experience this divine delight every Friday, during both lunch and dinner at Dynasty at New World Saigon Hotel.  Dig into traditional style roast Beijing Duck served with homemade sauces or twists on the classics like succulent sesame and seaweed pancakes, all hand created by Dynasty's esteemed Chef Ho. 

HTH Corp. - a company specializes in luxury transport services - offers a promotion by which customers using limousine 10 seater service from July 10 to Sept. 30, 2013 get 10% discount. Service price: VND10,000/km. Booking at [email protected] and (84) 906 690 915. Please click the link for details.


AmCham HCMC offers many opportunities to market your company's products and services to AmCham members, the business community and the general public. Our services include: 

- Event Sponsorship

- Event Management Support 

- Networking Online (Advertising) on AmCham website

- Announcement in Weekly Update Email

- Print advertising in AmCham Membership Directory 

- Print advertising in AmCham Membership Discount Handbook

- Advertising on AmCham Discount Online 

News and Issues Updates
"We've discussed the TPP, and we're committed to the ambitious goal of completing this agreement before the end of the year; the need for continued efforts to resolve peacefully maritime issues that have surfaced in the South China Sea and other parts of the Asia Pacific region; the issues of human rights; the efforts that have been made to deal with war legacy issues. Finally, we agreed that one of the great sources of strength between our two countries is the Vietnamese American population that is here but obviously has continued strong ties to Vietnam."
"It is time now to form a comprehensive partnership. The Vietnamese side will do its utmost for the conclusion of TPP by the end of this year. We touched upon the war legacy issue, including human rights, we still have differences. I would like to convey a message to the Vietnamese-American community that we would like to see you contributing more to the friendship between our two countries. We discussed in detail the issue of the East Sea.  We appreciate and welcome the U.S. support for our stance in this matter, as well as the stance of ASEAN, and we appreciate the U.S. support to solving the matter by peaceful means in accordance with international law. I extend to President Obama our invitation to visit Vietnam.  And President Obama has accepted and will try his best to pay a visit to Vietnam during his term."

"Thanks to our landmark bilateral trade agreement in 2001, two-way trade from 1995 to today has increased more than 50-fold. And per capita, incomes in Vietnam have increased almost 500 percent. Together with Vietnam and other countries from across the region, we are now working to conclude an historic Trans-Pacific Partnership, a high-standard 21st century trade agreement that will promote regional economic integration, prosperity, and opportunity for the people of all of the member countries."
"Vietnam always attaches importance to the relations with the United States, which we view as a leading partner. In particular, we have the shared determination to soon conclude a balanced Trans-Pacific Partnership, meeting the interest of all parties. Economic trade ties continue to stay at the heart of bilateral relations, serving both as the cornerstone of and an engine for the overall relationship. The United States is now a leading economic trade partner and the largest export market of Vietnam."

U.S. Trade Representative Michael Froman met with President Truong Tan Sang and Minister of Industry and Trade Vu Huy Hoang to discuss the Trans-Pacific Partnership (TPP) negotiations. They reaffirmed the objective of concluding the Trans-Pacific Partnership (TPP) this year. All welcomed the significant progress being made during the round of TPP negotiations in Malaysia this week, and agreed to direct their negotiators to intensify engagement on a range of market access and rules issues with a view to resolving outstanding matters as quickly as possible.
Officials achieved further strong progress at the 18th round of Trans-Pacific Partnership (TPP) negotiations, which ended Jul 25, keeping their eyes fixed on the goal of concluding a high-standard, comprehensive agreement this year, while welcoming Japan's entry into the negotiations. The negotiating groups covering market access, rules of origin, technical barriers to trade, investment, financial services, e-commerce, and transparency reached agreement on a wide range of technical issues in the legal texts of these chapters. They also found common ground and made progress in intellectual property, competition, and environment. Each group developed a detailed plan for closing remaining issues and completing their work. The 19th round will be held in Brunei, Aug 20-30.
Southeast Asia's economic growth was generally solid in the first quarter of 2013. The Philippines achieved stronger-than-expected GDP growth of 7.8% year on year, as domestic demand was buoyed by accelerated public and private investment and stable remittance inflows. Indonesia's domestic demand continues to be strong, driven by private consumption and both private and public investment, with GDP growing by 6.0% year on year. Thailand's economic growth moderated to 5.3% year on year in the first quarter, coming off a rapid 2012 pace that largely reflected recovery from floods in 2011. Malaysia's economic growth slowed on weaker external demand and moderating domestic demand.  Vietnam ...  


"It's evident from the size of our economic relationship that we have strong common economic interests. Because of that, we decided together that Vietnam would make a good partner in the Trans-Pacific Partnership (TPP). We have a lot of common interests in the Region, particularly in the South China Sea. We want to work together to maintain stability there, we want to work with Vietnam as an ASEAN partner, and we want to work together with China on these issues and encouraging them to resolve these issues diplomatically."
The new law requires regular dialogue on topics related to the basic rights of employees such as the right to be offered information, the right to voice their own opinions, and the right to watch and inspect a company's operations. One notable point was the Ministry has actively had the new Labour Code translated into an official English version so that it could be well understood by FDI enterprises. 

Macroeconomic stability, without broad structural reforms, has not been sufficient to lift the economy from its long spell of slow growth, two percentage points below other emerging EAP competitors (chart). Policymakers have been consumed in recent years with trying to stabilize the economy, with the hope that growth will automatically resume. But even as the economy has stabilized, growth has been below 7% for the sixth consecutive year, with the economy expected to grow in 2013 at its second slowest pace since the early-1990s. Efforts to stimulate the economy have faced diminishing returns, while raising fiscal deficits and creating new contingent liabilities. Without accelerating structural reforms, especially in the banking and SOE sectors, Vietnam faces the risk of a prolonged period of slow growth.

HYOSUNG, the largest spandex producer in the world, plans production of creora® brand spandex in Vietnam. This is to better serve needs in South East Asia as well as in anticipation of the Trans-Pacific Partnership (TPP) being approved with yarn forward rules of origin. 
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
New World Hotel Saigon #323
76 Le Lai Street, District 1
Ho Chi Minh City