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AmCham HCMC & Danang Weekly Newsletter
November 26th, 2024
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Update from the Executive Director | |
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Last week marked one of the most significant times on the American calendar. The event, called the "Giving Thanks Dinner – An Evening to Celebrate Excellence in Community Impact," was a beautiful evening where we celebrated a traditional Thanksgiving meal and honored 39 ESG impact initiatives and projects of AmCham member companies and organizations and gave 7 awards for Excellence in ESG Impact. Out of the 39 projects, we recognized:
- 28 projects for Environmental and Social Impact including 4 winners - Bayer Vietnam Ltd., Betrimex, DEEP C Industrial Zones, and Opella Vietnam.
- 4 projects in Humanitarian Relief and Community Welfare including 1 winner - Techtronic Industries Vietnam Manufacturing Company (TTI).
- and 3 projects in DEIA, Workforce Development, and Health and Safety with 2 winners in that category - Ekko Tech Viet Nam Company, and STREETS International, Inc.
Congratulations to all our members for positively impacting our community, and a special thanks to Vo Van Hoan, Ho Chi Minh City Vice Chair, and Susan Burns, US Consul General for serving as our VIP guests. Check out the pictures here: LINK
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We are proud to share and celebrate these inspiring projects HERE in the 2024 AmCham ESG Impact Showcase. | |
AmCham will also be celebrating Thanksgiving with the Thanksgiving Turkey Shoot Golf Tournament and Lunch at the Vietnam Golf & Country Club this Thursday, November 28. Registration will close on November 26, so be sure to sign up now to secure one of the few remaining slots! | |
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We are currently seeking prizes to help raise funds for our AmCham Scholarship Program at the upcoming AmCham Governors Ball on December 7 at the JW Marriott Saigon. If you have any products or services you'd like to donate for our live auction, silent auction, or lucky draw, we would be grateful for your support.
Your generous contribution will be recognized before and during the event in front of over 400 senior executives. Please don’t hesitate to contact us if you are able to donate a prize.
We truly appreciate and value your support!
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AmCham Membership Renewal. It’s that time of year to renew your AmCham membership for 2025! We have begun sending out our renewal notices. Our AmCham team has been working harder than ever this year to deliver value and support you, our members, particularly through our Committees, business intelligence events, and advocacy efforts. We look forward to your continued support, and we are ready to welcome our new members. As you join or renew your membership, please consider becoming a Premium Member. LINK | | |
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2024 Board of Governor Elections. If you are an AmCham Vietnam HCMC voting member, you should have already received your online ballots. Please click the LINK to see our impressive slate of candidates for the 2025-26 term, together with their biographic information and “Vision for AmCham.” Eight governors will be elected in on-line secure voting, ending at 11:59PM Sunday, December 8. Election results will be announced at our Annual General Meeting on Thursday, December 12, starting at 6PM at the New World Hotel.
If you missed our Meet the Candidates Night on Tuesday night, this recording link will give you a chance to see and to listen to all candidates’ 2-minute campaign speeches.
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As always, do let us know how we can serve you better. We wish you a great rest of the week! | |
Yours sincerely,
Travis Mitchell
Executive Director
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We thank all members who recently shared their comments on draft legislation currently being discussed.
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Draft Law on Personal Data Protection: The position paper was submitted to the Ministry of Public Security on November 24, 2024.
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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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At The Reverie Saigon, 22-36 Nguyen Hue Boulevard & 57-69F Dong Khoi Street, District 1
On November 12, 2024, the Vietnamese Ministry of Finance issued the draft Decree to guide the implementation of Resolution No. 107/2023/QH15 (“Resolution 107”) on Global Minimum Tax (“Draft Decree”).
The draft is open for public consultation until December 6, 2024, with feedback being sought from government agencies, the Vietnam Chamber of Commerce and Industry (VCCI), business associations, and the broader business community. Following the consultation period, the Decree will be finalized for government review and approval, with the official release anticipated by December 2024 or January 2025.
In this morning briefing, we will review the key provisions of the draft Decree and how it impacts the tax compliance of the companies in Vietnam.
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At Vietnam Golf and Country Club, Thu Duc City
This 4-person Team Scramble is open to all AmCham Members and their guests! You can sign-up individually or with other members or friends and even make your own foursome. Non-Members are welcome to join as long as they are playing with at least one AmCham Member.
This Thanksgiving Day golf event will kick off at Vietnam Golf & Country Club with check-in starting 5:30am and then a Shotgun start at 6:30am. A commemorative golf cap for each participant. Products of Coca-Cola, Pepsi, Edelweiss and Heineken beer, and TITO's cocktail will be served throughout the day, and our awards ceremony will feature a bountiful Roast Turkey spread for everyone to enjoy have a fun day out on the course!!
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At JW Marriott Hotel & Suites Saigon, Corner of Hai Ba Trung and Le Duan, D1
Can you believe that AmCham Vietnam turned 30 years old this year? Let’s celebrate our achievements, and let’s make a difference by supporting the AmCham Scholarship Program the Women in Engineering Scholarship Program!
Join us in celebrating AmCham’s 30th anniversary with this year’s glamorous Pearl Anniversary-themed Governors’ Ball! Set against a backdrop of elegance and festive cheer, this exclusive gathering brings together over 400 esteemed members of the AmCham community, along with top Vietnamese and international business leaders. It’s a remarkable chance to elevate your company’s presence among an influential audience in a luxurious environment, all while making a meaningful impact.
Take advantage of our table and ticket options to showcase your business and support these vital programs. Secure your participation today!
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At JW Marriott Hotel & Suites Saigon, Corner of Hai Ba Trung and Le Duan, D1
The 11th annual AmCham Breakfast with Santa will be held this year on December 8, from 9:00am to 12:30pm at the JW Marriott Hotel & Suites Saigon. The event is designed for families to celebrate Christmas together, and bring some Christmas joy into other’s lives.
We would love to invite you and/or your company to be a sponsor of this meaningful event.
Sponsorship and a portion of each adult ticket will help cover the participation of 30+ disadvantaged children from the Care to Rise Program. This initiative, co-led by the VinaCapital Foundation and the Ho Chi Minh Communist Youth Union, focuses on ensuring access to education, protection, encouragement, and long-term care for vulnerable children.
Our reservation list is currently full, so any new registrations will be placed on a waiting list. We will confirm with you later. Thank you for your understanding!
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At The Reverie Saigon, 22-36 Nguyen Hue Boulevard & 57-69F Dong Khoi Street, District 1
Apparel and footwear factory executives, directors, managers and their leadership teams come together in Vietnam to engage with the American Apparel & Footwear Association (AAFA) for presentations discussing compliance. The opportunity for factories and their U.S. partners to convene promotes relationship building, a deeper understanding of U.S. requirements, and brand expectations for factories. Compliance is a critical component for U.S. brands and a top priority of AAFA, this conference will breakdown different areas of compliance and talk about the challenges and how to smartly advance operations for compliance.
The event is sold out due to ballroom capacity. Please email events@aafaglobal.org to be added to the waitlist.
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At New World Saigon Hotel, 76 Le Lai, District 1
At our Annual General Meeting on December 12, AmCham leaders will update you on 2024 key developments and strategic results. The US Mission leader will highlight the partnership in 2024 between the U.S. Government and AmCham Vietnam-HCMC, and we will also announce the election results for the 2025-26 AmCham Vietnam-HCMC Board of Governors.
Immediately following will be a networking cocktail reception. This reception is free of charge for AmCham Vietnam Member Representatives and their spouses/partners. It will include free flow of wine, beer, soft drinks, hearty hors d’oeuvres, and a Lucky Draw (for physical attendees only), hosted by AmCham Vietnam-HCMC and our generous sponsors.
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At Sofitel Saigon Plaza, 17 Le Duan Boulevard, D1
We are excited to invite you to an exclusive presentation by Peter Goldstein, Founder & CEO of Exchange Listing, LLC, and Emmis Capital on the strategic opportunities available for Vietnamese and Southeast Asian companies to list on U.S. exchanges like NASDAQ and NYSE.
We look forward to sharing valuable insights on how your company can leverage these opportunities to drive growth and expand its global presence. Join us for this informative session and learn how Exchange Listing can be your partner in accessing the U.S. capital markets.
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Upcoming Committee Meetings | |
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Members are welcome to join, in-person or virtually:
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The American Chamber of Commerce in Vietnam
Ho Chi Minh City & Danang
New World Hotel Suite 323
76 Le Lai Street, District 1
Ho Chi Minh City, Vietnam
Phone: +84 28 3824 3562
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