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 Bitexco Financial Tower HCMC
AmCham is an independent association of companies with the objective of promoting trade and investment between Vietnam and the U.S. With two chapters, one in Ho Chi Minh City and one in Hanoi, our membership of 700 companies and 1,500 representatives is unified by a commitment to promote trade and investment between Vietnam and the United States. We welcome U.S. companies, international companies, and Vietnamese companies that share our objectives. Click here for information about joining AmCham.
 Since 1996, AmCham Vietnam in HCM City has been a Member of the U.S. Chamber of Commerce, which represents 3,000,000 businesses, 2,800 state and local chambers, 830 business associations, and 115 American Chambers of Commerce in 102 economies.
Highlights
| Tu, Oct 9 Legal & VBF Liaison Committee Meeting |
| We, Oct 10 Morning Briefing: Vietnam Compensation Trends 2012 |
| We, Oct 10 U.S. Ex-Im Bank Trade Financing (Bankers’ Session) |
| We, Oct 10 U.S. Ex-Im Bank Trade Financing (General Session) |
| Th, Oct 11 Members Lunch: Vietnam Consumer Trends 2012 |
| Fr, Oct 12 U.S. Ex-Im Bank Trade Financing for Vietnam (Can Tho) |
| Tu, Oct 16 Lunch: Managing Upstream Risks: Vietnamese Legal Perspective |
| We, Oct 24 ASEAN Food Security & Agriculture Trade Environment |
| We, Oct 24 AmCham Palooza Party |
| Th-Su, Oct 24-28 Hi-Tech Agro and Food Industry Fair HCM City |
| AmCham’s International Coastal Cleanup in the News |
| Vietnam’s Economic Development Outlook Update, Oct 3, 2012 (ADB) |
| Stalled Vietnam seaport underscores economic woes, mismanagement (SOEs) |
| No tax payment grace period on imports for re-export, companies expect hard times |
| Tu, Nov 6, U.S. General Elections Day • U.S. Voter Registration Web Sites |
| Nov 11-17 Infrastructure Trade Mission: HCM City, Hanoi, Jakarta |
| Sa, Dec 8 AmCham’s Governors’ Ball • Christmas in San Francisco |
| Tu Dec 11 Annual General Meeting and Members’ Networking Night |
Companies spend millions of dollars probing allegations of bribery and also to avoid having to investigate in the first place. Many have added compliance committees to corporate boards, created compliance and ethics departments headed by former government officials and, in some instances, added costly processes to daily operations to make sure money isn’t changing hands improperly overseas. Three companies: Avon Products Inc., Weatherford International Ltd. and Wal-Mart Stores Inc., that have spend about a half a billion dollars combined on internal investigations.
One draft requires firms to pay tax before customs clearance, or provide a guarantee from a bank before they can secure the 275-day grace period on duty payment. The second draft proposed by the ministry bans the grace period altogether.
“The historic tendency for stop-start policy should be avoided. The focus needs to remain on structural reforms” said Tomoyuki Kimura, ADB Country Director for Vietnam. “A government commitment to a credible reform roadmap with time-bound actions should revive lending and improve market confidence.”
Additional Content of Interest
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Thu, Oct 11: Business Lunch: Vietnam 2012 Consumer Trends
Fri, Oct 12: U.S. Export-Import Bank Trade Financing for Vietnam (General Session) • Cần Thơ
Tue, Oct 16: Business Lunch: Managing Upstream Risks - A Vietnamese Legal Perspective
Wed, Oct 24: AmCham Palooza Party, Oct 24, 2012
Thu, Nov 8: VIFA Vietnam Furniture & Home Furnishings Fair 2012
Thu, Nov 8: Members Night and "Meet the Candidates" for Election to Board of Governors
Mon, Nov 12: Veterans Day 2012 (U.S. Holiday)
Mon, Nov 12: Global Antitrust Cartel Enforcement - More Authorities, Increased Coordination, Higher Stakes
Tue, Nov 13: Infrastructure Trade Mission to Vietnam (Hanoi and HCM City)
Tue, Nov 13: U.S. - ASEAN Smart Grid Workshop, Hanoi, Nov 13-14, 2012
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