17th Annual General Meeting: 2010 - AmCham Vietnam€¦ · AmCham CSR: NGO Grants. ... 19 P&G 18...

www.amchamvietnam.com

17th Annual General Meeting: 201017th Annual General Meeting: 2010

Report of the Board of Governors

Jocelyn Tran, Chair

Tuesday, Dec 14, 2010


AgendaAgenda

! About AmCham Vietnam (HCM City)

! Report of 2010 Activities

! Report of 2009 - 2010 Accounts

! Election of Governors for 2011 - 2012


AgendaAgenda

! About AmCham Vietnam (HCM City)

! Report of 2010 Activities

! Report of 2009 - 2010 Accounts

! Election of Governors for 2011 - 2012

– A total of 16 Governors on the Board

– Two year terms: 2009-2010, 2011-2012, etc.

– Staggered / overlapping terms

– 8 seats elected each year


About AmCham VietnamAbout AmCham Vietnam

! Informally re-established Mar 10, 1994

! Formally licensed Sep 19, 1998

– Decree No. 08/1998/ND-CP, Regulations on

Foreign Business Associations

! Two chapters, HCM City and Hanoi

– HCM City: 488 companies

– Hanoi: 224 companies


AmCham Companies AmCham Companies 2005-20102005-2010


Lunches, Events, Meetings ...Lunches, Events, Meetings ...


Congressional DelegationsCongressional Delegations


Senior U.S.G. OfficialsSenior U.S.G. Officials


Members NightsMembers Nights


PaloozaPalooza PartiesParties


Independence Day - July 4thIndependence Day - July 4th


Governors BallGovernors Ball


Vietnam-U.S. Business ForumVietnam-U.S. Business Forum


Major Annual EventsMajor Annual Events

! Dalat Winter Weekend Jan 21-23

! July 4th Celebration Family BBQ July

! Thanksgiving Nov

– Golf

– Family Dinner

! Governors Ball Dec

! VN - U.S. Business Forum Dinner Dec


AmCham CSR: NGO GrantsAmCham CSR: NGO Grants


AmCham Scholarships: 2001 - 2010AmCham Scholarships: 2001 - 2010


Information SessionsInformation Sessions


VN-US Trade before BTAVN-US Trade before BTA


VN-US TradeVN-US Trade after BTA, WTOafter BTA, WTO


Key Issues Key Issues - Business Environment- Business Environment

! BTA Dec 1996 - Dec 2001

! WTO Accession 2002 - Jan 2007

! Apparel Trade 2002 - 2008

! Labor Relations 2008 -

– Prime Minister’s Decision 1129, Aug 18, 2008

– Revised Labour Code - [Oct 2010] - Nov 2011

! Project 30/Admin Reform 2010 -

– cut red tape

! “Third Wave” of U.S. FDI Interest in Vietnam

! ASEAN Blueprint 2015 - TPP


AmCham Accounts HighlightsAmCham Accounts HighlightsChange

2009 2010 2010 / 2009

Program Revenues

Monthly Lunches & Morning Information Sessions 12,883 17,140 33%

Regular Annual Events 77,637 97,426 25%

Committee Activities/Special Events 38,646 48,267 25%

Publications & Web Site 73,855 75,375 2%

Total Program Revenues 203,020 238,207 17%

Program Expenses

Monthly Lunches & Morning Information Sessions (12,098) (14,188) 17%

Regular Annual Events (51,149) (43,620) -15%

Committee Activities/Special Events (32,405) (22,432) -31%

Publications & Web Site (25,174) (23,379) -7%

Total Program Expenses (120,826) (103,619) -14%

Net Surplus (Net Shortfall)

Monthly Lunches & Morning Information Sessions 785 2,952 276%

Regular Annual Events 26,488 53,806 103%

Committee Activities/Special Events 6,241 25,835 314%

Publications & Web Site 48,681 51,996 7%

Total Program Net Surplus (Net Shortfall) 82,194 134,589 64%


AmCham AccountsAmCham Accounts 2009 - 20102009 - 2010

AmCham Revenues 2010 2009

Program Activities (Events, Publications & Web Site, etc.) 238,207 203,020

Membership Dues 276,713 268,825

Miscellaneous Revenue (Other, mostly interest on Savings Deposits) 24,304 19,278

United Way Revenues (including Govs Ball) 289,513 284,706

Total Revenues (Gross) 828,737 775,829

Total Gross Revenues Less UW (Govs Ball) 539,224 491,123

AmCham Expenses

Program Activities (Events, Publications & Web Site, etc.) (103,619) (120,826)

Operations & Administration (390,813) (357,836)

United Way Expenses and Contributions (282,419) (273,176)

Total Expenses (including accruals) (783,888) (761,838)

Total Expenses Less UW (Govs Ball) (501,468) (478,662)

Surplus / (Shortfall)

UW Only Surplus/(Shortfall) 7,094 11,530

AmCham and UW Surplus/(Shortfall) 44,850 13,991

AmCham only Surplus/(Shortfall) 37,756 2,461


GovernorsGovernors’’ Tenure, Tenure, 2004 - 20102004 - 2010


Nominees for Term: 2011-2012Nominees for Term: 2011-2012! Chad Ovel* AA Corporation

! Christopher Twomey* ACE Insurance

! Ly Le AVON Cosmetics

! Chris Albright Axcela

! Marc Townsend* CBRE Vietnam

! Jeffrey Carleton Citibank Vietnam

! Binh Nguyen* FedEx Vietnam

! Baron AhMoo Indochina Capital

! Lee Baker* Leggett & Platt G.S.

! Jocelyn Tran* MAST Industries

! Peter Sognefest SEAMOC, Spitfire Controls

! Dan Thai Viet Thai International


Governors: Jan 2010 -Governors: Jan 2010 - Dec 2011Dec 2011

! Rick Howarth Intel Products Vietnam

! Fred Burke Baker & McKenzie

! L. Mason Cobb Victoria Healthcare Int’l

! Mark Gillin America Indochina Mgmt

! Walter Blocker Car Rental Services JCC

! Jeff Puchalski ForeGolf Asia

! Sesto Vecchi Russin & Vecchi


Special Thanks: Top 20 SponsorsSpecial Thanks: Top 20 Sponsors20 Tahitian Noni

19 P&G

18 Oil States Industries

17 Liberty Mutual Insurance

16 BP Exploration

15 APU

14 Citibank

13 Baker & McKenzie

12 Pepsico

11 Navigos


Special Thanks: Top 10 SponsorsSpecial Thanks: Top 10 Sponsors10 AmWay

9 Indochina Capital

8 Hogan Lovells International LLP

7 MAST Industries

6 Victoria Health Care

5 CB Richard Ellis

4 Truong Phat (Hyster)

3 Intel Products Vietnam

2 Tan Huong Development

1 Indochina Auto


17th Annual General Meeting: 201017th Annual General Meeting: 2010

Report of the Board of Governors

Jocelyn Tran, Chair

Tuesday, Dec 14, 2010

17th Annual General Meeting: 2010 - AmCham Vietnam€¦ · AmCham CSR: NGO Grants. ... 19 P&G 18...

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