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AmCham Vietnam - HCMC Weekly Newsletter
March 10th, 2026
| | Update from the Executive Director | | |
Vietnam’s economy continues to show strong momentum. Foreign direct investment (FDI) disbursement reached US$3.21 billion in Jan–Feb 2026, up 8.8% year-on-year and the highest level in five years. Research from Harvard University and S&P Global highlights Vietnam as a leading global growth and manufacturing hub. In technology, Qualcomm and Viettel plan to collaborate on AI smartphones and future 6G equipment in Vietnam, reflecting the country’s rising role in high-tech supply chains.
Meanwhile, the government is considering 0% fuel import tariffs to secure supply amid global oil risks, while the unofficial USD/VND rate has exceeded VND 27,000 per dollar, indicating currency pressure.
AmCham is closely monitoring the latest global developments and will continue to keep our Members, particularly those in the logistics sector, updated. In fact, next Tuesday we are hosting a webinar (free for Members!) on the recent U.S. Supreme Court ruling that President Trump’s tariffs imposed under the International Emergency Economic Powers Act are unconstitutional, raising questions about how refunds will be implemented and who may be eligible to claim them. The discussion will also cover the new tariffs introduced under Section 122 of the Trade and Tariff Act of 1974, and what they could mean for their legality and for global supply chains. Register here to join.
We are also holding our Education, Legal, and Manufacturing Committee meetings this week, so if you are interested in these sectors, I encourage you to join them to receive the latest business insights and updates, and they only last one hour so you can maximize your time. To join, scroll further down this newsletter and you can sign up (they’re all free and open only for Members). We’d love to have you!
I say it every week, but if we can ever help your company with any issue that you are facing, please do let us know.
Yours sincerely,
Travis Mitchell
Executive Director
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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.
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Webinar via Zoom
The US Supreme Court has recently ruled President Trump’s imposition of broad import tariffs under the International Emergency Economic Powers Act (IEEPA) to be unconstitutional. The ruling was clearly a victory for foreign producers/exporters and US importers but has left a host of unanswered questions. How will the ruling be implemented by the lower courts? Will there be refunds issued and how? What must Importers do to “claim” refunds or ensure they are issued and accounted for properly?
Do foreign producers/exporters have a right to any of the refunds that they paid directly, or absorbed via lower US import values? Do consumers or consumer groups have a right to collect refunds that were passed on by US importers?
To make matters more complicated, the Trump Administration has imposed a fresh wave of tariffs at 10% (climbing to 15%) under Section 122 of the Trade and Tariff Act of 1974. Are these new tariffs also unconstitutional? Should they be contested? How will they impact global sourcing decisions and supply chain management? Finally, are there ways to legally reduce or mitigate or avoid paying the Trump tariffs, including 232, 301 and 122 duties? How can transactions be structured or to reduce the impact of these duties.
What are the long-term implications of this Trump-inspired US “trade-tariff” policy?
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At AmCham Office, Suite 323, New World Saigon Hotel, 76 Le Lai, Ben Thanh Ward, HCMC
Join us for an exclusive AmCham 101 – New Member Orientation, designed to help you maximize the value of your AmCham membership and connect with fellow business leaders.
This interactive session offers you the chance to:
- Gain insights into AmCham’s mission, programs, and services tailored to drive your business success.
- Hear directly from our Executive Director, Mr. Travis Mitchell, and our dedicated team about how to leverage your AmCham membership for optimal results.
- Introduce your business, share your priorities, and connect with other new AmCham Vietnam members.
- Get your specific questions answered and learn how to get involved in AmCham’s diverse initiatives.
Whether you’re a new member looking to dive in or an existing member seeking to refresh your understanding of our offerings, this orientation is the perfect platform to enhance your AmCham experience. Don’t miss this opportunity to unlock the full potential of your membership and forge valuable connections within the AmCham community. For any queries, please contact Ms. Sam Hoang, our Membership Manager.
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At Sofitel Saigon Plaza, 17 Le Duan St, Sai Gon Ward, HCMC
Following the issuance of Decree 320/2025/ND-CP guiding Vietnam’s new Corporate Income Tax (CIT) Law, enterprises are required to update their approach to taxable income determination, deductible expenses, and tax incentives in line with new compliance expectations.
In this seminar, our expert will highlight key regulatory updates and share practical insights on implementation, as well as initial perspectives on the implications of the new CIT framework for businesses operating in Vietnam.
Our expert from RSM Vietnam will cover the following key topics:
- Overview of evolving tax regulations in Vietnam
- Revenue & deductible expenses: key changes and challenges
- Tax incentives and loss offset practical application
- New CIT Law: early interpretation and effectiveness
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At The Vibes, 51 Bis An Phu, Thu Duc, HCMC
Global supply chains are evolving rapidly. Buyers are placing greater emphasis on compliance, transparency, data integrity and sustainability, and suppliers must act now to stay competitive.
The TÜV SÜD Vietnam Supplier Summit brings together global experts, industry leaders, and Vietnam‑based suppliers for a focused, practical look at the U.S. and EU regulatory landscape of 2026.
This one‑day event provides actionable insights to help you strengthen your market readiness, minimise compliance risks and meet international buyer expectations.
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At Boudoir Lounge, Sofitel Saigon Plaza, 17 Le Duan St, Sai Gon Ward, HCMC
Don’t miss our March’s Connect & Cocktails! AmCham’s monthly networking event provides an opportunity to meet AmCham members and other professionals in an informal after-work setting over a glass of wine, beer, or a cocktail.
Join for a great night of networking and a chance to win in our Lucky Draw!
| | | Upcoming Committee Meetings | | |
Members are welcome to join, in-person or virtually:
| | [Nhan Dan] FDI disbursement in Jan–Feb reaches five-year high. Foreign direct investment (FDI) disbursed in Viet Nam during the first two months of 2026 is estimated at 3.21 billion USD, up 8.8% year-on-year and the highest level recorded for the period in the past five years, according to the National Statistics Office (NSO) under the Ministry of Finance. | | [Reuters] Vietnam to remove fuel tariffs amid supply disruption due to Iran war. Vietnam is planning to remove its import tariffs on fuels to ensure supplies amid disruptions caused by the military conflict in the Middle East, the government said. The tariff removal is expected to last until the end of April, the government said in a statement issued late on Sunday, adding that a resolution is being prepared by the Ministry of Finance. | | Thank You to Our Premium Members | | |
The American Chamber of Commerce in Vietnam
in Ho Chi Minh City
New World Hotel Suite 323
76 Le Lai Street, Ben Thanh Ward
Ho Chi Minh City, Vietnam
Phone: +84 28 3824 3562
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