AmCham HCMC Weekly Newsletter

February 6, 2024

Update from the Chair

Dear AmCham,


The AmCham HCMC & Danang team would like to wish all members and readers a Happy New Lunar Year! We look forward to continue to serve our members in the Year of the Dragon. Chuc Mung Nam Moi! Please note our offices will be closed from February 8 - February 14. We will resume activities on February 15.

Last week, Ho Chi Minh City People's Committee hosted a Year-End event with key stakeholders from a variety of organizations including foreign business associations. Deputy Secretary of the municipal Party Committee and Chairwoman of the municipal People's Council Nguyen Thi Le reiterated the importance of the city's partnerships with international organizations such as AmCham in its development journey. AmCham HCMC & Danang was represented by Vice Chair Michael Nguyen, Boeing Country Director in Vietnam.

AmCham HCMC & Danang Food & Beverage Committee members visit Vietnam Food Administration offices. Several members of the AmCham Food & Beverage Committee visited the Vietnam Food Administration (VFA) offices on January 30th. Representatives of member companies Abbott, Unilever, Nestlé, TH Group, Nu Skin and Friesland Campina expressed appreciation for their partnership in 2023 and expressed best wishes to VFA officials for the new year.

Implementation of the survey of Department and District Competitiveness Index (DDCI) of Ho Chi Minh City 2023


AmCham is proud to take part in the Department and District Competitiveness Index (DDCI) survey led by the Investment & Trade Promotion Center of Ho Chi Minh City for 2023. Members are encouraged to make their voices heard by taking the survey. 


City leaders in HCMC are keen on understanding the insights and recommendations from Foreign Business Associations to aid the municipal government in assessing the effectiveness of economic management within local departments. Your input is valuable for identifying and addressing obstacles, ultimately contributing to the enhancement of the city's business and investment environment.

Click Here to complete the Survey

We look forward to welcoming you to our events planned following the New Lunar Year holiday listed in the Events section below.

We welcome your feedback on how we can improve our services to support you better. Please email us at [email protected].


Ramachandran A.S.

News & Information

[S&P Global] Manufacturing production rises for first time in five months. Manufacturers in Vietnam recorded a return to growth at the start of 2024 as tentative signs of improving demand fed through to renewed increases in new orders and output. That said, employment and purchasing were fractionally lower and business confidence waned.

[VietnamNews] Việt Nam’s export revenue up 4.1% in first half of January. Vietnam had shipped US$15.08 billion worth of products overseas as of January 15, a year-on-year increase of 4.1 per cent, the General Statistics Office has announced.

[Reuters] Vietnam rare earths output drops as China's grows, US says. The U.S. geological agency has sharply revised down estimates on Vietnam's rare earths output and expects a further drop despite its rich resource base, according to an annual report, which showed a rise in dominant producer China's output.

[VietnamPlus] Increasing number of foreign arrivals in January creates impetus to fulfil yearly target. The number of foreign arrivals to Vietnam in the first month of 2024 reached over 1.5 million, the highest ever recorded for a month since the country fully reopened all tourism activities in March 2022, according to Vietnam National Authority of Tourism (VNAT).

[The Investor] Lifting of trade embargo paved way for ‘terrific advances’ in US-Vietnam ties: ambassador. The lifting of the trade embargo on Vietnam by President Clinton 30 years ago paved the way for all the terrific advances in the U.S.-Vietnam trade and economic relationship, said ambassador Marc Knapper.

[AP] AP PHOTOS: In Vietnam, vibrant Ho Chi Minh City is a magnet that pulls in millions. 

AmCham Membership Renewal

Have you renewed your AmCham Membership for 2024?

Please be on the lookout for 2024 Membership Renewal notices to renew promptly, and contact Membership Manager Sam Hoang if you don’t receive one. In the context of the recent U.S. and Vietnam Comprehensive Strategic Partnership, your membership is more valuable as we have enhanced our Committees, Business Intelligence events, and Advocacy efforts, particularly for Premium members.


If you are not yet a member, we encourage you to become one and take advantage of our membership benefits! 

An AmCham Premium membership allows you to showcase your business as a leader in its field and strategically support AmCham Vietnam's mission and programs. With a Premium Membership, you gain access to a variety of benefits and exclusive VIP privileges. Tailored packages are also available to meet your specific needs. 


For further details, please visit the provided LINK or reach out to Office Manager Cindy Tran.

Upcoming Events

February 16, 4:30pm - 6:30pm (By Invitation Only - For AmCham Premium Members)

Lessons Learned from Vietnam and the Founding of Parnassus

At Fulbright University Vietnam, 105 Ton Dat Tien, Tan Phu Ward, Dist. 7


The event is jointly organized by Fulbright University and AmCham Vietnam - HCMC.


Jerome L. Dodson is the founder of Parnassus Investments, a leading fund management firm for socially responsible and “ESG” investing. With a steadfast commitment to positive social and environmental impact, Dodson founded Parnassus Investments in 1984. After serving in many roles including Chairman, reaching assets under management of over $40 billion, he and his family sold their stakes in 2021.


Dodson first came to Vietnam in 1966 as a Foreign Service officer, working for the American Embassy in Saigon. His assignments took him all over what was then South Vietnam. There, he met his wife of 50 years, Thao. Together, and for the last 15 years, they have funded a program run by the Asia Foundation to educate 125 underprivileged Vietnamese girls every year. Dodson is a graduate of Harvard Business School.

February 22, 2:00pm - 5:00pm

Healthcare Dialogue with Ho Chi Minh City Leaders

At HCMC People's Committee, 86 Le Thanh Ton Street, Dist. 1


This event will feature keynote remarks from Chairman Phan Van Mai and Consul General Susan Burns, as well as a forum for HCMC Leadership and AmCham representatives to address the city’s health and wellness system development plan. 


AmCham Healthcare Committees' 2024 White Book, highlighting advocacy issues, will be presented during this event.


Should you wish to raise any advocacy issues for this dialogue, please contact our Healthcare Committee via [email protected].

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February 28, 6:00pm - 8:30pm

AmCham Connect & Cocktails at Steersman Brewery

At Steersman Brewery, 18 Phan Ke Binh St., Dist. 1


Don’t miss February’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!

Register Online
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February 29, 8:30am - 5:45pm

Vietnam Child Protection & Safeguarding Summit 2024

At RMIT Saigon South Campus, 702 Nguyen Van Linh Street, Tan Hung, D7, HCMC


The Vietnam Child Protection & Safeguarding Summit brings together a wide range of attendees to advance child wellbeing in Vietnam and is centered on:

  • Promoting best practices for child protection and wellbeing
  • Increasing collaboration among educational institutions, service providers, NGOs, industry, government agencies, and consulates

The Summit will offer sessions on a range of topics related to professional skill development, information on current trends, and panel discussions with experts.


Participants will also have an opportunity to network and generate ideas on how to collaborate more frequently on child protection matters.


The keynotes will be simultaneously translated from English to Vietnamese, and there are breakout sessions in both English and Vietnamese.

Register Online

Upcoming Committee Meetings

AmCham members are welcome to join, in-person or virtual

Click Here for More Information
Welcome New AmCham Members

We would like to extend our warmest welcome to our newest members. Thank you for your support!

Special Thanks to AmCham Premium Members
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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