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AmCham Fall Weekend, Vietnam Business Opportunities, Supplier Day Survey
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Join other AmCham members and guests in a networking weekend, with Ambassador's Roundtable discussion of key issues in Vietnam-U.S. trade and investment and outlook for 2014. Three days/two nights including all of the following: room at special rates for our group (single or double occupancy, including 5% s.c. and 10% tax), buffet breakfasts at the Angsana Lang Co Market Place Restaurant; Fri Welcome Cocktail Reception; Sat Afternoon Roundtable with Ambassador, Consul General, and U.S. Mission Key Officers, followed by Evening Cocktails and Gala Dinner with scrumptious cuisine and fine wines, not to mention the breath-taking sunset over the bay.
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Complimentary seminars at the Trade Development Alliance of Greater Seattle, USC University Club (Los Angeles), PNC Bank Building (Philadelphia) and the Town Point Club (Norfolk). Learn about opportunities in Vietnam in general and Binh Duong Province and the Southern Key Economic Region in particular.
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We are pleased to invite you to a luncheon and investment forum with His Excellency Nguyen Tan Dung, Prime Minister of Vietnam, on Friday, September 27, 2013. Participants will have the opportunity to discuss investment opportunities and challenges with the Prime Minister and his accompanying ministers and officials at this event. The delegation will include Minister of Foreign Affairs Pham Binh Minh, the Chief of the Office of the Government, the Minister of Planning and Investment Bui Quang Vinh, Minister of Industry and Trade Vu Huy Hoang, Mayor of Ha Noi Nguyen The Thao, and Governor of the State Bank of Viet Nam Nguyen Van Binh, as well as a number of Vice Ministers of areas from Education to Finance.
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In response to a number of AmCham companies, AmCham has arranged this workshop to provide an update on U.S. visitor visa application procedures, visa renewal procedures, and procedures for group visits (incentive tours, etc.).
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Wed, Sep 25
AmCham Palooza Party
AmCham will continue its series of monthly informal networking events at the coolest and latest nightspots in Ho Chi Minh City.
The monthly Palooza Party is a platform to develop new friendships, networking opportunities and information exchange. People from all age groups are welcome to attend - there's no age limit, you just have to be young at heart!
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When: Thursday, Oct 3, 2013 - 9:00am - 1:00pm
Where: New World Hotel Saigon
This short 3-minute survey will gather AmCham companies' opinions regarding their supply chain experience in Vietnam and maximize planning for the AmCham Supplier Day, an event for companies to meet prospective and current suppliers, dialogue and discuss challenges, and forge closer relationships with partners to help enhance competitiveness of all involved.
When: Tuesday, Oct 8, 2013 - 5:00pm - 6:00pm
Where: Baker & McKenzie Offices
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Events, Meetings & Special Offers
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EVA Air today joins the Star Alliance network, further strengthening the Alliance's presence in Asia/Pacific. At the official joining ceremony held at Taiwan Taoyuan International Airport Mark Schwab, CEO Star Alliance said: "EVA Air has successfully completed all joining requirements and I can confirm that our Chief Executive Board (CEB) has now unanimously accepted EVA Air into our Alliance."
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This annual event, hosted by Capstone Vietnam, is a great opportunity for students and parents to obtain information from representatives of regionally accredited U.S. community colleges about 2+2 transfer opportunities (2 years at a community college and 2 years at a four-year college or university), ESL, and high school completion programs (Washington State only). The fairs will take place in Haiphong (9/29), Hanoi (10/1), Danang (10/3) and HCMC (10/5). Click here for details.
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OGGI Steak & Bar of Lotte Legend Hotel Saigon is offering a complimentary bottle of red or white wine with your order of their delicious steak main course (*) for 2 persons from their a-la-carte menu at every dinner from Tuesday to Sunday throughout October 2013. This special offer is only for members of AmCham, AusCham, CanCham and EuroCham in Ho Chi Minh City.
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Korean Air offers one of the largest global networks in the industry, connecting 125 cities in over 45 countries. Fly to your favorite destinations with us any day because we understand that the world is your stage.
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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
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Binh Duong People's Committee Chairman Le Thanh Cung welcomes AmCham
leaders delegation led by Chairman Mark Gillin on Sep 20. The meeting focused on opportunities for FDI in Binh Duong province when the TransPacific Partnership (TPP) is concluded and enters into force. Despite continuing economic difficulties in Vietnam, industrial production in Binh Duong increased 12.3% in the first eight months of the year, and FDI exceeded $1 billion, of which 40% was expansion of existing FDI facilities. In addition, Binh Duong had prepared conditions to attract even more FDI with TPP.
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BECAMEX-Tokyu Corp developing Binh Duong New City
based on years of experience in Japan, where the Tama Garden City area is the largest and widely viewed as the most successful land development ever undertaken by a private railway company in Japan. From 1956 to 1984, the Tokyu Corporation transformed a vast, scarcely inhabited area into a planned community of 5,000 hectares and nearly half a million residents. Tama Garden City, stretches along a 15-to-35 kilometer band southwest of Tokyo. Based on a 1956 master plan, land development starting in 1959, rail transportation opened in 1966, and accelerated development in the 1970s and 1980s. Click this link for a YouTube video of BECAMEX-Tokyu Corp.
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Vietnam has 131.6 million mobile phones, 4.8 million broadband internet users
and 9.5 million landline subscribers by the end of 2012, according to the 2013 Vietnam Information & Communications Technologies White Paper. In 2012, IT industries earned about US$25.5 billion, representing a year-on-year increase of 86.3 percent, while postal services' turnover reached almost US$274 million, up 11.15 percent over the 2011's figure.
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U.S. Textile Plants Return ... thanks to automation technology
American manufacturing has several advantages over outsourcing. Transportation costs are a fraction of what they are overseas. Turnaround time is quicker. Most striking, labor costs aren't that much higher than overseas because the factories that survived the outsourcing wave have largely turned to automation and are employing far fewer workers. Monitoring worker safety in places like Bangladesh, where hundreds of textile workers have died in recent years in fires and other disasters, has become a huge challenge. These trends are changing the American textile and apparel industries.
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Ashley Furniture Industries to build another factory in Binh Duong, expand into retail sales with Vietnam partner
Ashley Furniture Industries CEO Todd Waneck visited Ho Chi Minh City and Binh Duong to discuss the possibility of opening another factory in Binh Duong, as part of its plan to expand out of China and raise its employment in Vietnam from 4,000 at present to 10,000 workers by 2015. He has worked with Pho Xinh CEO Duong Quoc Nam on a new plan for bilateral cooperation. A distribution centre for Ashley products will open in 2014 with a chain of home furniture stores in Pho Xinh supermarkets across Vietnam.
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Email game changer: how to cut your inbox by up to 60%
Email is still the killer app of the internet. It's also the biggest impediment to workplace productivity. You may not be able to change the noise level of the email ecosystem, or extricate myself from it, because it's critical for business. What you can change is your own behavior, so you can focus on developing ways to minimize the noise and maximize the value of email.
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MOU signed at SEMI® Vietnam Semiconductor Strategy Summit
The HCMC Semiconductor Industry Association (HSIA) signed a memorandum of understanding (MoU) on cooperation with Semiconductor Equipment & Materials International (SEMI) on Wednesday to facilitate development of the semiconductor industry. The cooperation will help HSIA members to expand their international networks, since SEMI has nearly 1,800 members who are multinational enterprises and groups in the electronic and semiconductor chip sectors.
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Samsung to spend $1.2 billion on a 2nd Thai Nguyen plant
South Korea's Samsung Electro-Mechanics will start work next month on a $1.2 billion chip and electronic components plant in the northern province of Thai Nguyen. Samsung Electronics Vietnam Thai Nguyen in March 2013 broke ground for the hi-tech complex at a total cost of US$2 billion. The mobile phone manufacturing and assembly and hi-tech product plant covering some 100 hectares is due to be commissioned at the end of this year.
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FDI sector now the main engine as other pillars crumple
The foreign direct investment (FDI) sector is now the key driver in the local economy while other pillars, notably the local private sector, the State-owned sector and agriculture are all crumpling. The export revenue of the FDI sector in the January-August period posted 26% growth, exclusive of crude oil, compared to a mere 3.1% growth recorded by local enterprises. The total commodity and service retail revenue of the sector in the period grew 37.5% year on year, while State-owned enterprises saw a contraction of 6.7% and local enterprises a growth rate of 14.2% only.
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Hundreds of thousands of Vietnamese businesses "missing"
In early 2012 there were more than 545,000 corporates established (excluding the dissolved ones). Of these, more than 360,000 businesses were certified of operating at the time of 1/1/2012 and about 185,000 businesses (34 percent) were "missing."
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Determining national characteristics is treading a minefield of inaccurate assessment and surprising exception; however, there is such a thing as a national norm. By focusing on the cultural roots of national behavior, both in society and business, we can foresee and calculate with a surprising degree of accuracy how others will react to our plans for them, and we can make certain assumptions as to how they will approach us.
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A new, more diverse, globally competitive industry. "Still Standing" is a fascinating look at a few NC souls who decided not to buy into the idea that their businesses had no future. From Weaverville to Lumberton, a handful of NC's entrepreneurs kept their companies going through the worst industry downturn the state had ever seen. Key role of the NC State University College of Textiles, the world's leading textile college, providing global education, training, and research, all about textiles, from molecule to market.
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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
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New World Hotel Saigon #323
76 Le Lai Street, District 1
Ho Chi Minh City
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