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Vietnam's Development, Support Industries, Party Secretary's Korea Visit

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Vietnam's Development, Support Industries, Party Secretary's Korea Visit 10/9/14, 12:07 PM Having trouble viewing this email?Click here Home | About Us | Events | Benefits and Services | Join Us Vietnam's Development, Support Industries, Party Secretary's Korea Visit FEATURES Thinking about Vietnam's Development Strategy In the era of "supply-chain trade," "industrialization" means little more than opening labor markets to global manufacturers. Countries that can grab pieces of global supply chains are quickly rewarded with lots of manufacturing employment. But development that is easy-come may also be easy-go. Unless the economies concerned can quickly build up their workers' skills and infrastructures, wage increases will soon lead manufacturers to pick up sticks and move to cheaper locations. With AEC 2015, businesses may leave because of weak support industries Some Japanese businesses may leave Vietnam once tariffs among ASEAN countries are cut to zero percent within the framework of the ASEAN Free Trade Agreement (AFTA) and ASEAN Economic Community 2015 (AEC 2015). Japan's Mitsubishi Institute has been authorized by JICA (Japan International Cooperation Agency) to conduct a survey and build a database on six key support industries in Vietnam, including agricultural machinery, food processing, electronics manufacturing, automobile and automobile part manufacturing, shipbuilding, environment and energy savings. ... Party Secretary State Visit to Republic of Korea Party General Secretary Nguyen Phu Trong concluded a state visit from October 1-4 at the invitation of Korean President Park Geun Hye that included meetings with RoK Prime Minister Jeong Hong Won, National Assembly Speaker Chung Ui Hwa, and Kim Moo Sung, Chairman of the Supreme Council of the Saenuri Party. ... Vietnam Import/Export Delays from Lack of Single Window Coordination The WB's Doing Business 2014 showed that enterprises had to spend 21 days on average in 2012 and 2013 to fulfill procedures for their imports and exports in Vietnam. Nguyen Minh Thao, a researcher from the Central Institute of Economic Management (CIEM), said working sessions with enterprises indicated that goods clearance was longer than reported by Vietnam Customs, and commented that GDC needs to take drastic measures to shorten the time enterprises have to spend to clear goods, as requested by the government's Decree No 19 on administrative procedure reform. Reducing the time also helps increase the competitiveness of the country. ... AmCham Vietnam - HCMC received Prime Minister's Certificates of Merit At AmCham's 20th Anniversary Celebration Dinner on September 18, 2014, Vice Chairman of HCMC People's Committee Le Thanh Liem handed the Prime Minister's Certificates of Merit to AmCham Vietnam - HCM City and to Mr. Herb Cochran, Executive Director for their excellent performance in supporting and promoting trade and investment in Ho Chi Minh City. http://campaign.r20.constantcontact.com/render?ca=c503c035-7761…-11e3-88d1-d4ae52844279&ch=43ac9b80-bfb8-11e3-88e8-d4ae52844279 Page 1 of 6 10/9/14, 12:07 PM Events, Meetings, Special Offers 2015 AmCham Membership Directory - published in March/April 2015 As you plan your advertising activities, be sure to consider the AmCham Vietnam 2015 Membership Directory. The directory is updated annually to provide profiles of almost 800 Chamber companies. It is a highly cost- effective method for reaching a wide range of customers because it's used in multiple ways by a number of different audiences. It's used daily by members and employees, with over 1,400 representatives. New members use it when they join AmCham, referencing the special section on member benefits and Chamber programs and activities, as well as surveying the directory to find new business partners. Click HERE for our Advertising Rates and Booking Form Sembcorp - Expand Your Business in Vietnam Vietnam is a country undergoing rapid economic development, characterized by quick growth, improving living standards and a large population of more than 90 million. Vietnam's cost competiveness and rising skills of workers has also made it one of the most attractive manufacturing destinations in the world today. Vietnam far exceeded its 2013 FDI target of USD 13 billion, registering a total of USD 22.35 billion FDI inflows, up 36% from the previous year. Investment in the manufacturing sector alone reached USD 16.6 billion, accounting for over 75% of total FDI inflows. HSBC Bank (Vietnam) Ltd. and Sembcorp request the pleasure of your company to join us for an insightful discussion with the experts which is complimentary and exclusive by invitation only. Special Offers from Six Senses Hotel Resorts Spas (Vietnam) Six Senses Hotels Resorts Spas (Vietnam) launched Escape package with the best offer of the year at EVASON ANA MANDARA, SIX SENSES NINH VAN BAY and SIX SENSES CON DAO! Korean Air - Daily Flight to Houston Korean Air, America's largest Asian airline, launched nonstop service between Houston's George Bush Intercontinental Airport (IAH) and Incheon International Airport in Seoul.Nonstop flights connecting the two destinations will depart from the Terminal D facility at Bush Intercontinental Airport(at 10:40 am) daily. The additional daily nonstop service of Korean Air to the Americas will provide great connectivity between Southeast Asia and Houston under a convenient schedule. More on Korean Air's programs, routes, frequencies and partners is available at www.koreanair.com. Instant Credibility for Your Business with D-U-N-S® Registered™ Seal Program D&B suite of D-U-N-S® Registered Solution (DRS) is created to support global business expansion by providing a D-U-N-S Number and a "trust seal" called D-U-N-S® Registered embedded with an electronic mark displayed on company website. A click on the seal displays information about your company that has http://campaign.r20.constantcontact.com/render?ca=c503c035-7761…-11e3-88d1-d4ae52844279&ch=43ac9b80-bfb8-11e3-88e8-d4ae52844279 Page 2 of 6 10/9/14, 12:07 PM mark displayed on company website. A click on the seal displays information about your company that has been VERIFIED & VALIDATED by an independent, reliable source, Dun & Bradstreet (D&B), a name trusted by millions worldwide for over 170 years. Click HERE for more information. Sat, Nov 8, U.S. Marine Corps' 239th Anniversary Ball Join the U.S. Marine Corps 239th Anniversary Ball at the Sheraton Saigon Hotel. Celebrating the founding of the U.S. Marine Corps in 1775, the Ball is an annual event for the Marine Corps, to showcase and celebrate the history and tradition of the U.S. Marines. It is a formal event with military dignity and pageantry. The U.S. Marines invite AmCham companies to join in the celebration, Please click the above link for details and to make reservations. Sep - Dec AmCham Scholarship 2014 AmCham will award scholarships to 45 top students from leading universities in Ho Chi Minh City after an extensive, three-month long assessment and selection process. This flagship program offers AmCham companies an excellent framework for identifying talent, and offers students an experiential learning opportunity about how to apply to join international companies. In addition, we offer "AmCham Women in Engineering Scholarships," and "AmCham - II-VI Foundation Engineering Scholarships." All scholarship programs are managed by the HR Committee, the AmCham Scholars Alumni/ae Club, and the AmCham Executive Office. For more information about AmCham Scholarship 2014, please click HERE. Oct 16, New Members Orientation Meeting (for Members only) Join us at this Orientation Meeting to learn how to best utilize your membership investment. This Orientation Meeting is the perfect opportunity for new members to get familiar or reacquainted with all the benefits, events and programs offered to you to help grow your business. Oct 16, AmCham Members Night & Meet Key Officers of the U.S. Consulate General (for Members only) 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 AmCham Committee Leaders, AmCham Governors, fellow members, and especially to meet new members. Networking Cocktail Reception will offer you an opportunity to get to know your fellow members, while they learn about you and your company. Oct 22, 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! Come and join us for a night of casual networking, meet other professionals, bring your business cards! Oct 28, HR Committee Breakfast Meeting - Reward To Retain Talents During global and local economic recession, organizations across regions and industries are finding their ways to gain business growth and profitability focusing on cost and performance improvement. Then a few areas of focus are becoming critical in all discussions especially in Vietnam's context, including talent and skills for future business growth, performance and productivity improvement as the key drivers for profit growth, employee engagement for business deliveries, and governance control. At the Reward To Retain Talents event, you will meet Mr. Shai Ganu, Market Business Leader from Mercer's Talent Consulting , who will share with you the Framework of Total Rewards. Following Mercer's presentation is panel discussion with Ms. Nguyen Tam Trang from Unilever, Mr. Ton That Anh Vu from HSBC and Ms.Godelieve Kroonenberg from Mercer's Information Solutions business. http://campaign.r20.constantcontact.com/render?ca=c503c035-7761…-11e3-88d1-d4ae52844279&ch=43ac9b80-bfb8-11e3-88e8-d4ae52844279 Page 3 of 6 10/9/14, 12:07 PM Oct 29, The Return of SOEs Equitization - Is It Time To Invest? After a setback over the last few years, equitization is back on the top agenda of the Government of Vietnam in 2014 with the goal to equitize around 432 state-owned enterprises by the end of 2015.
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