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| Newsletter: DECEMBER 2011 |
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Dear Visitor,
From the BBGV
Following our AGM last Friday 23 November we would like to announce the following changes in the BBGV board. Patrick Regis has stepped down as Chairman and Cosimo Jencks as Vice Chairman, we would like to thank Patrick & Cosimo for all their hard work and support over the past years: to read Patrick’s outgoing message please click here. Nick Holder, the Chief Financial Officer of Prudential Vietnam Assurance Private Ltd, has taken over as BBGV Chairman and Charles Gregory Head of HSBC Insurance is now Vice Chairman, congratulations to you both and we look forward to working with you in 2012. Alun Thomas, Head of RISS is retiring from the board after 8 years, thank you Alun for your valuable contribution during that time on our charity sub-committee. We would like to welcome Steve Banner, Executive Director at Techcombank; Peter Simson, General Manager of the Hilton Hanoi Opera who joined the board recently, both based in Hanoi and Tim Mullet who is the Director of the International Management Initiative for Vietnam (IMIV) who joined the board at the AGM, Tim is based in HCMC. The rest of the board remains the same, for more information please visit our website www.bbgv.org
We bid farewell to Tim Brownbill our Consul General and Head of UKTI this month and would like to thank Tim for his support and wish him all the best for the future. Please find a message from Tim below:
‘It’s time to say farewell as my three years in Vietnam come to a conclusion all too quickly. I shall leave on 5 December although remain in the role through to mid-December in connection with a number of Vietnam-related events in the UK. My successor, Douglas Barnes, presently in the UKTI Beijing team, will be taking up his appointment here from 14 January.
I simply wanted to say thank you to the BBGV and its membership for making Ho Chi Minh City such a memorable and enjoyable posting. From my perspective, we’ve worked very well together and seen in a number of significant milestones not least the Strategic Partnership, increased trade volumes and direct flights. I’m not sure when I’m next in Vietnam but I do hope to see many of you when you pass through London’.
Our Christmas cocktails this Friday 2nd December will take place at the Hilton Hanoi Opera, great value and fun to get you into the festive spirit, our Ambassador Dr Antony Stokes will attend, for more information click here
We have limited tables left for our Glitzy Glamour ‘London Calling’ Christmas dinner party on Friday 9th December; enjoy live music, dancers and a disco. Vietnam Airlines tickets to London to be won plus lots more in our charity raffle. If you would like to attend please contact either Tran on officemanager@bbgv.org or Jakki on execdirector@bbgv.org for more information please click here
Corporate Membership fees will increase to 12,900,000 VND per year from January 2012 for up to 3 corporate members as announced at our AGM. Please note all membership fees, services, and events fees will now be quoted in VND.
We would like to thank ISHCMC for sponsoring our December e-newsletter. We do have sponsorship available for 2012: each edition costs 4,300,000 VND for the month, which is exclusive with your own logo at the top and banner logo at the bottom clicking into your website.
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| We welcome new BBGV Members |
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New corporate member: GREENLAND COMPANY LIMITED Mr Truong Hoang Anh, Mr Ngo Quang Minh and Ms Vu Quynh Anh
New SME member: Mr Andrew Russell from RAIL TRAINING INTERNATIONAL LTD.
New additional members: Mr Antony Lee from CHARTIS VIETNAM INSURANCE CO., LTD; Mr Nicolas Martin and Ms Pham Y Nhi from MÖVENPICK HOTEL SAIGON; Mr Saman Wijaya Bandara from ERNST & YOUNG VIETNAM LTD; Mr Tran Dinh Hai from ROLLS-ROYCE INTERNATIONAL LIMITED - VIETNAM.
We would like to thank you our new discount outlets, who have just joined us in November, offer special rates for BBGV members: El Gaucho Argentinian Steakhouse, Ly Club, My Place Co.,Chez Carole Resort, Unique Mui Ne Resort & Spa, White Sand Doclet Resort & Spa, Legend Hotel Saigon; and our renewal discount outlets who contiunue to support BBGV, and offer BBGV members special rate: Soham Yoga Studio and Boutique, Art World Picture Frame, Huong Nga Fines Arts Co., Ltd, Anamandara Villas Dalat Resort &Spa, Dalat Palace, Dalat Hotel Du Parc, Dalat Palace Golf Club, Evason Ana Mandara & Six Senses Spa - Nha Trang, Green Plaza Hotel Danang, Movenpick Hotel Saigon, Romana Resort & Spa, Seahorse Resort & Spa, Chen Sea Resort & Spa Phu Quoc, Centara Boutique Collection, Diamond Bay Resort & Spa, InterContinental Asiana Saigon.
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| MEMBERS NEWS |
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Economist Conferences' Vietnam Summit, will be taking place on January 11th 2012 at Sheraton Hotel Hanoi. Prime Minister Nguyen Tan Dzung has confirmed his participation and will deliver the summit keynote address.
Willis Group Holdings plc (NYSE: WSH), the global insurance broker, was named "Broker of the Year" at the Asia Insurance Industry Awards in Singapore for being in the "vanguard of providing risk management solutions to help Asian clients mitigate new exposures". PWC'S NEWS (PwC)
Last year, Hong Kong once again proved to be an attractive IPO destination, retaining its position as the largest listing market by fund-raising size in the world, with US$57.2 billion raised in IPO funds. This year, PwC Vietnam takes the honour to be the sponsor of the Listing in Hong Kong Forum 2011 to be organized in Ho Chi Minh City, Vietnam. M&A IN VIETNAM- THE STORY SO FAR AND OUTLOOK (KPMG Limited)
Despite the current global economic uncertainty and local macroeconomic concerns, the mergers and acquisitions (M&A) industry continues to grow and develop. KPMG Vietnam's Director of Corporate Finance Advisory Services Carl Gordon reviews the recent trends in Vietnam's M&A industry, takes a look at 2011 M&A activity and considers where we see the market heading in the coming year. REALITY BITES, AS REPORT REVEALS NEW FOOD PRICE PRESSURES AND SECTOR CONSOLIDATION (Grant Thornton)Food producers, that until now have been absorbing higher costs, are set to increase their prices, according to the latest findings of Grant Thornton's Food and Beverage International Business Report. Consequently, many consumers will find their household budgets under even greater strain over the next year. Businesses in emerging economies have stolen a march on their western counterparts in the use of social media, according to the latest findings from Grant Thornton's International Business Report (IBR).
On Thursday 3 November 2011, BVIS was officially opened by Rt Hon Dr Vince Cable MP, the UK Secretary of State for Business, Innovation and Skills and Ong Hua Ngoc Thuan, Vice Chairman of the HCMC People's Committee.
Chartis Vietnam opened a new Customer Service Centre in Ho Chi Minh City on 11/11/2011.
Mr. Antony Lee, General Director of Chartis Insurance Vietnam officially opened the new Customer Service Center. The center will feature Customer Service & Consumer Claims teams working together onsite. This co-location of Customer Service & Claims staff will help us to deliver customer centric solutions that will provide superior service to Chartis Vietnam Insurance customers.
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