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AmCham HCMC & Danang Weekly Newsletter

October 1st, 2024

Update from the Executive Director


Dear AmCham,

The AmCham HCMC 2024 Board of Governor election process has kicked off! The AmCham Vietnam HCMC Nominating Committee is seeking your recommendations for candidates for the AmCham Vietnam HCMC Board of Governors. Voting AmCham members may recommend themselves or another person. There are eight positions open on the Board. The Nominating Committee is seeking candidates willing to actively serve for a two-year term, Jan 2025 - Dec 2026. The recommendation form explains who may recommend/be recommended, the process for recommending and formal nomination, and other important information. The deadline is coming soon -recommendations may be made through Friday, October 11

On September 25, our Chair RamC participated as a special speaker at the Ho Chi Minh City Economic Forum (HEF 2024). The event focused on the significant role that businesses and various stakeholders play in driving industrial transformation. During the discussion, RamC emphasized the importance of collaboration between public and private sectors to foster innovation and sustainable growth.

On September 25th, AmCham and FedEx hosted an event titled “Optimizing Supply Chain Cost: Strategies for Efficiency & Profitability,” aimed at helping companies navigate Vietnam’s dynamic logistics sector. With delivery being a key challenge in the supply chain, the event highlighted how international express services can enhance efficiency and reduce costs. We will be holding similar events in Binh Duong on October 16th and Dong Nai on November 14th. For those interested in attending virtually, we also offer a Zoom option. Please register to join us!

Thanks to all who joined us for an evening of professional networking at our Connect & Cocktails at Boudoir Lounge of Sofitel Saigon Hotel on the same day. We look forward to seeing many more AmCham members and potential members at our last C&C of the year on October 23rd.

The event "Vietnam’s Fintech Sector: Balancing Innovation and Regulation," co-hosted by the U.S. Consulate General in Ho Chi Minh City, the HCMC Institute for Development Studies, and AmCham Vietnam HCMC, took place on the morning of September 27. It focused on finding the right balance between innovation and regulation in Vietnam's rapidly growing fintech industry. We were honored to have the Vice Chair of the HCMC People's Committee Vo Van Hoan and the U.S. Consul General Susan Burns deliver opening remarks, along with insights from representatives of the U.S. Department of the Treasury, the Securities and Exchange Commission, and members of the private sector.

Also on last Friday, it was wonderful to see so many of you at the AmCham Members Night and Meet the U.S. Consulate General at the Caravelle Hotel. We were delighted to welcome Consul General Susan Burns and her team, along with numerous AmCham members and their friends. A big thank you to our sponsors for the evening: First Solar Vietnam, Le & Tran Law Corporation, AB InBev Vietnam, Coca-Cola Vietnam, Suntory PepsiCo Vietnam, BM Wine, Eddies, El Gaucho Argentinian Steakhouse, and Park Royal Saigon.

We welcome your feedback to let us know how we can serve you better. We wish you a safe and healthy week ahead!

Yours sincerely,

Travis Mitchell

Executive Director

Send Us Your Feedback!

Advocacy Update

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

  • Draft amendments and supplements to Law on Tax Administration: we are seeking comments from members through September 27th. Received comments will be compiled for review by the Tax and Customs Committee and the Hanoi chapter before being submitted to the Ministry of Finance on October 1st, 2024.


  • Draft Decree 08/2015/ND-CP on Customs Procedures (amendment): Draft Decree 08/2015/ND-CP on Customs Procedures (amendment): we are seeking comments from members through September 18th. Received comments will be compiled for review by the Tax and Customs Committee. We submitted o the General Department of Customs on Sept 24, 2024.


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.

Upcoming Events

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October 7, 4:00 pm - 6:00 pm

Green Project Cargo Supply Chain Initiatives - with Port of San Diego

At Renaissance Riverside Hotel Saigon, 8-15 Ton Duc Thang St., D1


AmCham in collaboration with Port of San Diego (POSD) will organize an invited-only event focused on Green Project Cargo Supply Chain Initiatives.


Our speakers from POSD will give a brief overview of the port, its current operation and new system upgrades. They will also introduce the current green initiatives that are being conducted at the port, highlighting the results from these initiatives.

Register via Email
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October 8, 4:30 pm - 5:30 pm

AmCham 101 - New Member Orientation (For AmCham Members Only)

At AmCham Vietnam HCMC office / Online via Zoom


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. 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.

Register Online
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October 10, 4:00 pm - 7:00 pm

Best Practices to Reducing Emissions for a Sustainable Industrial Environment

At The Reverie Saigon, 22-36 Nguyen Hue Boulevard & 57-69F Dong Khoi Street, D1


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. 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.

Register Online

October 11, 8:30 am - 10:45 am

Impact of New Land Law on Land Projects Development

At Room Pacific 3, Pan Pacific Hanoi Hotel, No. 1 Thanh Nien Road, Ba Dinh District, Hanoi


The seminar will address key changes in the Land Law, Real Estate Business Law, and Housing Law, and their impact on land-related projects. Speakers will discuss emerging issues, the influence of the Land Law on Transit-Oriented Development (TOD) projects, and project financing. This event is essential for those involved in real estate, urban planning, and investment, providing valuable insights into navigating legal and financial challenges in the sector.

Register Online
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October 16, 8:30 am - 1:30 pm

Optimizing Supply Chain Cost: Strategies for Efficiency & Profitability

At The Mira Hotel, 555B Binh Duong Boulevard, Hiep Thanh Ward, Thu Dau Mot City, Binh Duong


The dynamic landscape of the Vietnam logistics industry is currently driven by the increase of technology integration and digitalization, the growing emphasis on sustainable practices, and the crucial need for supply chain optimization. To help companies navigate Vietnam’s ever-evolving logistics sector, AmCham and FedEx are organizing an event titled “Optimizing Supply Chain Cost: Strategies for Efficiency & Profitability”.


With the delivery stage as one of the challenges for the Vietnam supply chain, a speaker from FedEx will shed light on how international express services can help companies increase efficiency and optimize supply chain cost.


The event will also feature a panel of industry experts to discuss the current state and challenges, as well as best practices for supply chain optimization. Guests will also get to join a networking lunch after to exchange ideas and mingle with fellow industry professionals and our speakers. Join us now!

Register Online
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October 18, 4:00 pm - 5:00 pm

2024 ESG Impact Showcase Applications Q&A session

Online via Zoom


To honor and recognize excellence in ESG (environmental, social, governance) initiatives and to celebrate AmCham members’ special contributions to positive impact in Vietnam in 2024, AmCham Vietnam – HCMC is organizing the 2024 AmCham Vietnam – HCMC ESG Impact Showcase and Excellence in ESG Impact Awards.


Please join the virtual briefing to hear from our ESG Committee explain further the application process and clarify any questions you may have about our Showcase program. The virtual briefing is free of charge.


You can check more information about our Showcase program HERE.

Register Online

October 24 & October 31, 7:00 am to 11:00 am

AmCham’s Blood Donor Day 2024

AmCham Vietnam HCMC & Da Nang invites you to join our Blood Donation Drive this October, a key initiative in our Corporate Social Responsibility (CSR) program since 2011. This event brings together members and the business community to make a lasting impact. In line with World Blood Donor Day’s 20th anniversary, your participation honors life-saving donors and supports the ongoing need for blood donations.


To make this year's drive a success, we invite you to join us in two impactful ways:

- Become a sponsor: HERE

- Register for you/your employees as blood donors: 

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October 30, 9:00 am - 10:00 am

Business Climate Survey - Results & Insights (For AmCham Members Only)

Online via Zoom


AmCham Vietnam – HCMC & Danang, in partnership with Cimigo, recently conducted a business climate survey with our members. They were asked their thoughts on the overall business environment, challenges they faced, and opportunities that lie ahead. This was the first survey that AmCham conducted in over two years, and we appreciate the overwhelming response.


We now want to share the fascinating results with you! Come join us for an online discussion on October 30 and learn what insights we see and how we can move forward, especially with our advocacy efforts with the Vietnamese government. This newly released information will help provide your business with the latest market information so that you can make the best decisions based on the most up-to-date data.

Register Online

November 1, 6:00 pm - 11:30 pm

[Supported Event] 249th Marine Corps Birthday Ball

At JW Marriott Hotel & Suites, Corner of Hai Ba Trung and Le Duan, D1


This is an invite-only event that the U.S. Consulate General in Ho Chi Minh City opens to AmCham members. The United States Marine Corps Birthday Ball is an annual formal event that celebrates the founding of the U.S. Marine Corps. The U.S. Consulate General in HCMC has a Marine Security Guard Detachment that not only protects us, but they are also active in the local community and do community service. The ball celebrates them and their contributions to our community. The ticket includes entry into the ball with a cocktail hour, digital official photos, printed photobooth photos, a ceremony to honor the U.S. Marine Corps, dinner with an open bar, dancing, and a souvenir ball gift. Please contact Ha Long Le at LELH1@state.gov for purchasing tickets.

November 17, 6:00 am - 10:30 am

[Co-host] Children's Cancer Run 2024

At The Global City, Do Xuan Hop, An Phu, Thu Duc City


This important lifesaving initiative is a collaboration between the Canadian Chamber of Commerce in Vietnam, VinaCapital Foundation (VCF), the Vietnam Children's Fund, and many other medical professionals and stakeholders who care for our children. The Children’s Cancer Run is nationally focused, professionally operated, and supports a financially transparent comprehensive 𝑪𝒂𝒏𝒄𝒆𝒓 𝑪𝒂𝒓𝒆 𝒑𝒓𝒐𝒈𝒓𝒂𝒎. The program includes treatment for disadvantaged, underprivileged, and underserved children battling cancer including clinical and psychosocial support, early detection efforts, and support for oncologists.


For individual registration, visit website: strikeoutcancer.vn


For bulk registration (from 50 participants or more), click here to fill out the form


For sponsorship opportunities and more information, contact us at: 

lan@canchamvietnam.org / tu.anh@canchamvietnam.org / linh@canchamvietnam.org

(+84) 28 3535 0688 - (+84) 28 7304 5656

December 7, 6:00 pm - late night

29th Annual Governors' Ball: PEARL ANNIVERSARY

At JW Marriott Hotel & Suites, Corner of Hai Ba Trung and Le Duan, D1


This year, our ball will be celebrating a Pearl Anniversary theme, providing a glamorous and sophisticated setting to honor AmCham’s 30 years of excellence and the festive holiday season.


The Governors’ Ball is an exclusive gathering, uniting over 400 top members of the AmCham business community alongside Vietnamese and international business leaders. It’s a unique opportunity to showcase your company to an influential audience in a luxurious environment while supporting a worthy cause. All proceeds will benefit the AmCham Scholarship Program and the Women in Engineering Scholarship Program.

 

We offer various options for you to promote your business and support these programs, including table purchases and ticket options.

Cash Sponsorship
In-kind Sponsorship

Upcoming Committee Meetings

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

More on Committee Meetings

Sponsored Information

We would also like to extend our warmest welcome to our newest members in September:

Sponsored Information

Members Update

Latest offers for our members!

15% off

on the total bill at Chay Garden Thao Dien Branch

Please click HERE to enjoy this offer.


Give your business the exposure and reach you are looking for by joining our Partner Discount Program. We welcome requests from all interested businesses looking to promote to over 2,000 representatives of over 500 corporate members.

See Other Participating Partners
Join our Program

News & Information

[Bloomberg] Biden Meets Vietnam Leader to Strengthen US Alliance in Asia. President Joe Biden celebrated “a new era of relations” with Vietnam as he met with the country’s Communist Party’s General Secretary To Lam amid US efforts to counter Chinese economic and security influence across Asia.

[VOV] Capital market could be major financial source for private sector: WB. The Vietnamese equity market boasts strong potential to become a major source of financing for the private sector, according to specialists from the World Bank.

[CNA] Vietnam says Musk's SpaceX plans US$1.5 billion Starlink investment. Elon Musk's SpaceX plans to invest US$1.5 billion in Vietnam in the near future, the government of the Communist-run nation said on Thursday (Sep 26), which could help resolve a stalemate over the launch of its Starlink satellite services there.

[Vietnam Investment Review] Attracting investment and international cooperation to unlock Vietnam's healthcare potential. To achieve sustainable development in the healthcare and pharmaceutical sectors, Vietnam must adopt the strategy of 'go far, go together' through international cooperation and attracting foreign investment.

[Reuters] Vietnam, US firms sign MoUs on energy, AI, data centre, Vietnam govt says. Vietnamese and U.S. firms have signed memorandums of understanding (MoUs) to cooperate in energy, artificial intelligence and a data centre, the Vietnamese government said on Tuesday.

[VietnamNet Global] Are there opportunities for VN to join the aviation industry? Unable to become a direct partner of large aircraft manufacturers, Vietnam businesses should connect with related vendors to find opportunities in the aviation industry.

[Vietnam Investment Review] MSD powers ahead with its sustainable development. The newly appointed managing director for pharma company MSD in Vietnam has reflected on the company’s decades-long presence in the country, as well as its bright prospects in delivering healthcare access and environmental sustainability here.

[Reuters] Vietnam's Lam meets US corporations, Meta seeks 'stronger presence'. Vietnam's President To Lam pledged to boost the domestic tech economy, as he met top U.S. firms in New York, including Meta which pledged to expand investments in the Communist-ruled country with a population of 100 million.

Special Thanks

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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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