Weekly Update Mar 22: Project 30, Palooza Party, APCAC Annual Conference

AmCham Vietnam offers regular business networking events, information about trade and investment between the U.S. and Vietnam in our FAQ (Frequently Asked Questions), networking for trade and investment opportunities with our Online Membership Directory of nearly 500 AmCham companies, with over 1,000 representatives, and information about Key Policy Issues affecting the business environment for trade and investment between Vietnam and the U.S. Click on this link to visit our AmCham Hanoi Chapter.

This web site welcomed over two million members/guests visits in 2009, with 3.2 million page views. Click this link for information about Networking Online at www.amchamvietnam.com.

US Importers Security Filing (ISF) is Mandatory; Penalties for Failure to File

Wed, Mar 31 Young Professionals Palooza Party

We-Sa, Apr 14-17, APCAC Spring Conference – Beijing, China

Mo-Tu, Apr 19-20 Asia/Pacific Business Outlook 2010 – Los Angeles

Summary of Comments Jan 25, 2010 on Revised Labour Code, Draft 2, Nov 2009

AmCham Comment on Draft Circular on Price Registration and Stabilization

Events and Meetings

New US Import Security Filing; Penalties for Non-Compliance Vietnamese exports must provide U.S. importers with information to file a mandatory “Importer Security Filing” 24 hours before loading a U.S. bound vessel. Failure to file a “timely, complete and/or accurate” ISF transmission could result in increased inspections, delay of cargo, and monetary penalties (liquidated damages of $ 5000 for each violation).







We-Sa, Apr 14-17, APCAC Spring Conference – Beijing, China Whether you live in Beijing or Bangladesh, Seoul or Singapore, what happens in China impacts your business. The China-ASEAN Free Trade Area, China’s outbound FDI, and Internet phenomena such as Taobao and Baidu all greatly impact the Asia-Pacific economy. Every year, the Asia-Pacific Council of American Chambers of Commerce (APCAC) hosts a meeting that highlights investment opportunities, macro-economic trends, political and social developments, and offers opportunities to engage with business and government leaders from the region.

APBO 2010 Asia/Pacific Business Outlook 2010 Mo-Tu, Apr 19-20 Asia/Pacific Business Outlook 2010 in Los Angeles. Access 15 Asia/Pacific Markets in 2 days! If you are doing business in the Asia/Pacific region, this is the one conference you can’t afford to miss. Find answers to your questions on 15 economies by choosing from 60 focused sessions and private one-on-one consultations. Get the latest information and connect with experts and insiders.

Project 30, Administrative Procedures Review (2nd Round) The Prime Minister’s high profile campaign to simplify administrative procedures (“APs”) for businesses, is entering its final phase, when businesses will have one final opportunity to recommend burdensome APs be abolished. Click the link to provide your feedback and input about which APs AmCham should recommend be revised or abolished.

Plan ahead. Click here to see all upcoming Events and Committee Meetings

Stay informed about Vietnam-U.S. trade and investment with Weekly Updates (Past Issues).

What's New?

AmCham and Vietnam Related News

Nexus Technologies of Phila. pleads guilty in Vietnam corrupt payments case

The U.S. Attorney's Office in Philadelphia said Nexus and three brothers who worked at the company have "admitted that from 1999 to 2008 they agreed to pay, and knowingly paid, bribes in excess of $ 250,000 to Vietnamese government officials in exchange for contracts.”

POSCO May Invest $ 200 million in Vietnam Plant on Thainox delay

Southeast Asia is the world's biggest net importing steel market with demand expected to grow 9.2 percent a year, according to the research arm of the Korean mill. Chief Executive Officer Chung Joon Yang, planning a record $ 8.2 billion in capital spending this year, said Jan. 14 he wanted to complete talks to buy Thainox by the end of January.

"Cosmopolitan," the world-leading magazine for young women, will be published in Vietnam

on March 15 with the April 2010 issue. Cosmopolitan Vietnam will initially be distributed in Ho Chi Minh City and Hanoi, the Cosmo parent Hearst Magazines International (HMI) said.

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