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Dear AmCham,

Last week, Vietnam intensified efforts to resolve trade tensions with the US ahead of looming tariff hikes. Party General Secretary To Lam is planning a US visit to finalize a trade deal, while ministerial-level virtual talks were held to push forward a reciprocal trade agreement. The US initiated investigations into nearly 100 Vietnamese plywood exporters, heightening pressure. Despite these challenges, Deputy PM Nguyen Hoa Binh reported positive progress in tariff talks and projected 7.6% GDP growth in Q2. Domestically, Vietnam extended its VAT reduction to 2026, unveiled a $7B financial hub in HCMC, and pushed for high-quality FDI. HP also announced increased investment. 

On June 20, 2025, AmCham hosted the Mid-Year Market Survey 2025, a brand new style of event – 9 speakers. 9 sectors. 9 minutes each. We shared results from AmCham’s Business Survey, showing cautious optimism about the economy. Nine expert speakers then offered insights into their sectors’ progress over the past six months, highlighting key challenges and opportunities, and what to expect for the rest of 2025. A lively networking session followed, giving attendees a chance to connect and reflect on what they’d learned.

Special thanks to our sponsor, Paradox, and our outstanding speakers: Michael Nguyen (Boeing), Phil Wright (HSBC), Manisha Shah (MoMo), Thien Le (Hoan My), Alistair Minty (Sofitel), Rahul Madassery (DHL), Lee Hon Kay (Techtronic Industries), Lawrence Lennon (CBRE), Bob Fletcher (Deloitte), and Luke Treloar (KPMG).

Join us for June’s Connect & Cocktails at an exciting new venue, Chillala - House of Art in District 2!

AmCham’s monthly networking mixer is heading to a fresh location—perfect for unwinding after work with a glass of wine, beer, or your favorite cocktail.

Connect with fellow AmCham members and local professionals in a vibrant, relaxed setting, enjoy great conversations, and don’t miss your chance to win exciting Lucky Draw prizes!

New venue, same great energy—see you there! Please register here.

Join us this Saturday!! Celebrate the 4th of July in Ho Chi Minh City – Win Tickets to the U.S.! 🇺🇸✈️

Come enjoy the biggest Independence Day celebration in Ho Chi Minh City! Whether you're an AmCham member, a guest, or a friend of the American community, this is your chance to experience a day full of fun, festivities, and unforgettable memories. Enjoy live music by Soul Kinsmen, savor authentic American and international cuisine from top local chefs, and take part in exciting raffles featuring hundreds of incredible prizes—including round-trip tickets to the U.S., luxury resort stays, dining vouchers, and much more, all made possible by our generous sponsors. The day will also feature a patriotic ceremony with the Presentation of Colors and the U.S. National Anthem, along with family-friendly activities like bouncy castles, face painting, and games for kids.

Secure your tickets today and invite your friends and family to celebrate the American spirit, community, and lasting friendship between the U.S. and Vietnam. Register now to be part of this exciting event! LINK

We’re here for you! If you're experiencing any challenges in your business or have ideas for events you’d love to see AmCham organize, please don’t hesitate to reach out. Your input helps us better support you and ensure AmCham continues to deliver meaningful value to our members.

Yours sincerely,



Travis Mitchell

Executive Director

We thank all members who recently shared their comments on draft legislation currently being discussed: 

• Draft Law on prevention of diseases: Comments and recommendations have been submitted to Ministry of Health, the Vietnam Administration of Disease Prevention, Department of Science, Education, Culture and Social Affairs – Office of Government, Vietnam Chamber of Commerce and Industry and Central Committee of the Vietnam Fatherland Front on June 12, 2025. 

• Draft Decree regulating the responsibilities for recycling products and packaging, as well as the obligations for collecting and treating waste by manufacturers and importers (Draft EPR Decree): AmCham are gathering feedback from members to submitted to Ministry of Agriculture & Environment and Office of Government.

Members are encouraged to bring forward any advocacy needs or related questions to the relevant Committees, or by email to advocacyaction@amchamvietnam.com.

Similarly, we invite members experiencing instances of administrative delays and challenges to share details via email to communications@amchamvietnam.com. We are compiling this information on behalf of our members.

Members are welcome to join, in-person or virtually:

• Energy Committee Meeting, July 8, 2025 – 3:00 pm - 4:00 pm
• Legal & VBF Liaison Committee Meeting, July 9, 2025 – 5:00 pm - 6:00 pm
• Environment, Social and Governance (ESG) Committee Meeting, July 10, 2025 – 4:00 pm - 5:30 pm
• Capital Markets and Financial Services Committee (CMFSC) Meeting, July 14, 2025 – 4:00 pm - 5:00 pm
• Manufacturing Committee Meeting, July 18, 2025 – 9:00 am - 10:00 am
• Tax & Customs Committee Meeting, July 24, 2025 – 5:00 pm - 6:00 pm

Make the Most of Your AmCham Membership!

AmCham members are encouraged to take full advantage of the exclusive discounts and special offers available through the AmCham Membership Discount Program. Simply present your AmCham Membership Card to enjoy valuable deals from our trusted Discount Partners. You can view the complete list of offers here.

Interested in Becoming a Discount Partner?

We welcome companies looking to join the program and promote their products or services to a dynamic network of over 2,000 business professionals representing more than 550 corporate members. It’s a great opportunity to boost visibility and attract new customers.

To become a Discount Partner, please complete this Form or contact us at amcham.membership@amchamvietnam.com for more details.

[Bloomberg] Vietnam’s Top Leader Plans US Trip as Tariff Deadline Looms. Vietnam’s Communist Party Chief To Lam is preparing to travel to the US in coming weeks as the two sides look to clinch a trade deal before President Donald Trump’s higher tariffs kick in, according to people familiar with the matter.

[Vietnam Investment Review] Vietnam making headway in US tariff talks. At the National Assembly meeting session on June 20, Deputy Prime Minister Nguyen Hoa Binh revealed the prospects for tax negotiations with the US are positive, and the government is doing the utmost to avoid a 46 per cent tax rate.

[Việt Nam News] Việt Nam, US push for ministerial-level talks on reciprocal trade. Việt Nam and the US held an online ministerial-level negotiation session to resolve outstanding issues in the ongoing talks for a bilateral agreement on reciprocal trade between the two countries.

[VOV.vn] Nearly 100 Vietnamese plywood exporters face US trade probe. The US Department of Commerce (DOC) has initiated anti-dumping and anti-subsidy investigations into hardwood and decorative plywood products imported from Vietnam, the Trade Remedies Authority of Vietnam said.

[VOV.vn] Vietnam, US hold virtual ministerial talks on reciprocal trade. Minister of Industry and Trade Nguyen Hong Dien on 19 June held simultaneous online talks with US Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer, as the two countries continue negotiations towards a reciprocal trade agreement.

[Vietnam Briefing] Vietnam Government Extends 2% VAT Reduction on Specific Goods and Services till End of 2026. On June 17, 2025, Vietnam’s National Assembly approved a new resolution on VAT reduction, officially prolonging the cut rate to December 31, 2026. The resolution will take effect from July 1, 2025.

[Tuoi Tre News] Vietnam Q2 GDP growth estimated at 7.6% y/y, deputy PM says. Vietnam's gross domestic product is expected to have grown 7.6% in the second quarter from a year earlier, Deputy Prime Minister Nguyen Hoa Binh told parliament on Friday.

[Vietnam Investment Review] Logistics solutions pave the way for exporters amid tariff pressures. Vietnamese authorities and international partners have emphasised strategic logistics reforms and enhanced cooperation as essential measures for exporters to overcome tariff pressures and build resilient, sustainable supply chains.

[Vietnam Investment Review] Vietnam Economic Report 2025: OECD insights on sustainable growth strategy. The Ministry of Foreign Affairs, in coordination with the Ministry of Finance and the Organisation for Economic Cooperation and Development (OECD), hosted a seminar to launch the Vietnam Economic Report 2025 on June 20 in Hanoi.

[Vietnam Investment Review] Vietnam targets strategic FDI for innovation and long-term value. Vietnam is reshaping its foreign direct investment strategy to prioritise high-quality, technology-driven, and sustainable projects, aiming to boost innovation, productivity, and national competitiveness in a changing global landscape.

[VnExpress] HCMC rolls out details of $7B international financial hub. HCMC has unveiled plans to set up an international financial hub at a cost of VND172 trillion (US$7 billion) in District 1 and the Thu Thiem Urban Area.

[The Investor] HP to invest more in Vietnam, at faster pace: exec. HP Inc., the world's leading producer of personal computers and printers, is looking to expand its supply chain in Vietnam for an annual export of $2-3 billion.

[Saigon Times] Personal ID numbers to replace tax codes from July 1. Personal identification numbers (PINs) will be used in place of tax codes for individual taxpayers, including business households and individuals, starting July 1, according to guidance from the General Department of Taxation.

The American Chamber of Commerce in Vietnam

in Ho Chi Minh City

New World Hotel Suite 323

76 Le Lai Street, District 1

Ho Chi Minh City, Vietnam

Phone: +84 28 3824 3562