Dear AmCham,

I would like thank all members and staff involved in organizing and participating in our Chamber’s events over the past few weeks. These are remarkable examples of collective effort towards our mission of promoting trade and investment between Vietnam and the United States.

We encourage our members to participate in our sectorial Committees, suggesting events that would add value, advocacy topics, and sharing developments & insights in the monthly Committee meetings. For additional information, please feel free to contact Events and Committees Manager Lily Nguyen.

I invite members to refer qualified candidates for our Executive Director opening. This is an excellent role to lead the execution of the mission of the Chamber including membership, advocacy, and engagement efforts. You can find more details below.

AmCham was well represented at the 2024 Vietnam Business Forum (VBF) by Vice-Chair Michael Nguyen, Boeing Country Director, Governor James Meffen, AES Senior Director of Finance, as well as other HCMC and Hanoi members. The forum was organized in Hanoi on Tuesday, March 19th by the Ministry of Planning and Investment (MPI), the World Bank, and the International Finance Corporation. It was attended by Prime Minister Pham Minh Chinh and many other senior officials. Hanoi Chapter Chairperson Joseph Uddo delivered AmCham’s speech underscoring Vietnam’s resilience in a challenging global context. He outlined significant opportunities to foster a favorable business environment and ensure sustainable economic development. The AmCham statement for the forum was prepared with inputs from Governors of each Chapters. You can read the statement here, and materials published by VBF here.

Along with Bronze member Asia Counsel, we hosted a panel discussion on Mergers and Acquisitions in Healthcare on March 21st, centered on current regulations, key factors driving today's trends in transactions, as well as different investment models and opportunities for investors. The event was kicked off by Healthcare Committee Co-Chair and Head of Strategy for Healthcare and Life Sciences at KPMG Vietnam, Luke Treloar.

To see more photos of the event, please click here.

Last Friday, our Education & Training Committee organized its latest iteration of its Illuminate Series on Implications of AI in Education, held at the office of Bronze member Deloitte Vietnam. The panel discussion featured experts including Committee Co-Chair Catriona Moran, Head of School at South Saigon International School, and covered recent trends, opportunities and risks, and awareness and responsibilities of using artificial intelligence in educational settings.

To see more photos of the event, please click here.

Let us know how we are doing. We welcome your feedback on how we can support you better. Please email us at team@amchamvietnam.com.

RamC



Calling All Qualified Candidates! We are still seeking candidates for Executive Director of AmCham HCMC & Danang. 

This role oversees Chapter’s strategic vision, manages its daily business operations, and carries out our mission in accordance with the strategic direction of the Boards of Governors for HCMC and Da Nang. 

Review the full job description.

Submit your referrals or apply attaching your resume or CV along with a cover letter to hrtransition@amchamvietnam.com. Note that only applications of qualified candidates submitted through this method will be considered for this role.

[AP] Vietnam’s president resigns in latest twist of anti-graft campaign shaking its fast-growing economy. Vietnam’s president resigned in the latest episode of the ruling Communist Party’s “blazing furnace” anti-corruption campaign, and Vice President Vo Thi Anh Xuan was named acting president.

[Vietnam Investment Review] Government and enterprises outline efforts to implement green growth strategies at VBF 2024. The Vietnam Business Forum (VBF 2024) took place this morning in Hanoi, themed "FDI enterprises pioneer in implementing green growth strategies" and chaired by Prime Minister Pham Minh Chinh.

[Reuters] PepsiCo to invest $400 mln more in two new plants in Vietnam. U.S. food and drink maker PepsiCo Inc (PEP.O), opens new tab has committed to investing an additional $400 million in Vietnam to build two new plants powered by renewable energy in the country, its government said on Friday.

[Tuoi Tre News] Vietnamese PM calls on US firms to expand investment in, transfer tech to Vietnam. Prime Minister Pham Minh Chinh urged U.S. enterprises to further expand their investment and technology transfer operations in Vietnam, especially in high technology serving emerging sectors, during a reception on Thursday for a delegation of 60 U.S. enterprises led by Ted Osius, president and CEO of the US-ASEAN Business Council (USABC) and former U.S. ambassador to Vietnam.

[The Investor] Importance of US companies in Vietnam far beyond mere FDI statistics: business council. Statistics on foreign direct investment (FDI) announced by the Vietnamese government do not fully reflect the importance of U.S. companies to the country’s economic and export growth, said a representative of the U.S.-ASEAN Business Council (USABC).

[Vietnam News] Việt Nam's potential to become an AI dragon: Meta. Several Vietnamese companies, including FPT, Viettel AI, VNPT AI and VIN AI, are deeply engaged in AI research and application.

[Vietnam Investment Review] Lam Research to build semiconductor factories and supply chain in Vietnam. American chip-making technology provider Lam Research Corp. (NASDAQ: LRCX) is keen on building factories and developing a supply chain within Vietnam's semiconductor industry.

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.

Members are welcome to join, in-person or virtually

• Logistics & Supply Chain Committee Meeting, Wednesday, Mar 27 - 9:00am
• HR Committee Meeting, Thursday, Mar 28 - 9:00am
• Tax & Customs Committee Meeting, Thursday, Mar 28 - 5:00pm

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