AmCham Vietnam Weekly Update - 40th Week of 2020 - October 4th, 2020 |
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Executive Director Update |
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Colleagues,
We hope you are continuing to enjoy mid-autumn festivities this weekend. Many thanks to AmCham friends for the delicious mooncakes!
COVID Update from Dr. Mason Cobb: President Trump and the First Lady's recent diagnosis of COVID-19 demonstrates just how infectious this disease is, even with the frequency of testing and other precautions available in the White House. Although Vietnam continues to do an amazing job in managing its response to COVID with no community transmission in over 60 days in HCMC and over 30 days nationwide, remember to do your part. Wash your hands frequently, wear a mask when in crowded public places, and stay home when you have a fever or feel sick. Exercise, eat right, ensure adequate Vitamin C and D (including via sunshine), get enough sleep, and schedule that flu shot now, too, to be safe!
Message from AmCham Vietnam-Da Nang Vice Chair Chris Vanloon: “Greetings from sunny Da Nang! I am so pleased to inform that all services have been back to normal for a week now and that domestic flights are picking up. People are more relaxed and going out more and more. It’s great to see! Would like to take this opportunity to say congratulations to Dr. Wade Brackenbury and his team at ACC (American Chiropractic Clinic) who I had the pleasure of joining their one year anniversary of operations in Da Nang. They brought an essential service to our city and all the local and foreign participants that day had glowing testimonials from their treatment at ACC, for themselves or their relatives. We wish our partner ACC a most successful future and thank you for your commitment to Da Nang!’
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Upcoming Events
This week, don’t miss:
Make sure you save the date for our AmCham Supplier Day 2020 on October 21 and a possible Da Nang Weekend October 23-25 (more details to come soon)!!
And it's not too soon to start planning for our December 12 Governors Ball and December 13 Santa's Breakfast! Our 2020 Ball Committee is busy!! More information soon on theme, sponsorship opportunities, and ticket sales!!
AmCham 2020 Board of Governor election: The AmCham Vietnam-HCMC Nominating Committee is seeking your recommendations for candidates for the AmCham Vietnam Board of Governors in Ho Chi Minh City. Voting AmCham members may recommend themselves or another person. There are 10 positions open on the Board. The Nominating Committee is seeking candidates willing to actively serve for a two-year term, Jan 2021 - Dec 2022. The recommendation form explains who may recommend/be recommended, the process for recommending and formal nomination, and other important information. Recommendations may be made through Saturday, October 17, 2020.
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U.S Presidential Election Update: AmCham will promote nonpartisan events to inform our members of the issues at stake in the November 3 U.S. Presidential election, and help our American citizen members register and vote. We will hold a Vice Presidential Debate Watch the morning of October 8 at the elegant Mia Saigon Boutique riverfront hotel in D2. We will consider organizing Oct 16 and 23 Presidential debate watch events if there is sufficient interest. AmCham also is planning a non-partisan Election Watch party on the morning of Wednesday, November 4 to watch the results of the November 3 U.S. Presidential election - stay tuned for more details.
U.S. citizens can submit their ballots at the Office of American Citizen Services (ACS) weekdays between 8:30-11:30 AM and 1:30-4:00 PM without scheduling an appointment. Ballots must be accepted in person by an officer of the U.S. Consulate or ACS staff member. Security guards or other Consulate personnel cannot accept ballots, and ballots left outside the Consulate will not be mailed. The Consulate will also be accepting ballots at its upcoming voter outreach event at Saigon Outcast on October 7 at 7:00 PM. For more info, visit vn.usembassy.gov/u-s-citizen-services/voting/.
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Recent Events
On Tuesday, September 29, we hosted an insightful discussion of People Analytics with Mr. Thang Vu and Ms. Anh Pham from Robert Bosch Engineering and Business Solutions Vietnam, and moderator, Ms. Truc Huynh from Coca-Cola Beverages Vietnam and HR Committee Chair. AmCham’s HR committee welcomes feedback and suggestions for our next event topic!
We held our AmCham First Presidential Debate watch at Flying Pig on September 30. Many thanks to Dan Cohen and Flying Pig staff for opening up early!! We decided the toughest job was for Moderator Chris Wallace. And the clearest outcome was the need for a mute button. Join us to watch the next debate live on the morning of October 8, 8-9:30AM, between Vice President Mike Pence and Democratic vice presidential nominee Kamala Harris at the Mia Saigon in D2.
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On October 1, we were excited to hold our first-ever AmCham HCMC-US Healthcare Dialogue! Top-level government speakers, including Vice Minister of Health Son, Chairman Phong, Ambassador Kritenbrink, and CG Damour, together with U.S. private sector healthcare leaders, shared their interest and capabilities to strengthen innovative healthcare partnerships and support “Realizing the Vision of HCMC as a Regional Healthcare Hub”. At the event, AmCham’s Healthcare Committee launched its 2020 Healthcare White Book, highlighting the diverse and extensive capabilities of our members, together with policy recommendations to strengthen Vietnam’s healthcare sector.
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AmCham's 2020 Consumer Trends Outlook on October 2 with Nielsen’s Louise Hawley and Infocus Mekong Research’s Ralf Matthaes, provided expert insights and relevant data critical to inform your business plans in this challenging year. Look out for notices of upcoming Business Intelligence Events on Real Estate and Labor Trends!
Be well, and stay safe. We welcome your feedback at team@amchamvietnam.com to let us know how we can serve you better.
Mary Tarnowka, Executive Director
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5:00-7:30 pm, The Reverie Saigon, 22-36 Nguyen Hue Boulevard & 57-69F Dong Khoi Street, District 1
Event Level Rating: II
In this workshop, Executive Coach, Author, and Storyteller Irene Ohler will lead us in a discussion of:
- Creating a safe “identity workspace’ – a space where women can connect over shared experiences as well as learn from others;
- Anchoring women’s development efforts in a sense of leadership purpose.
We will explore the WHAT, WHY and HOW of our Leadership Purpose:
- What is it?
- Why does it matter – in general and particularly for women?
- How can we connect with it to start making an impact?
This is session is also a preview of a special AmCham Member SPARK! 1.5 day Women Leadership Program that we will host in honor of Vietnam Women’s Day October 23-24. Celebrate Women’s Day by investing in yourself or investing to nurture the talents of female members of your team and register
for both events now!
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8:00-9:30 am, L'Ame Restaurant, Mia Saigon, No.2-4, Street 10, District 2
Event Level Rating: II
As exciting as a sporting event, but with much higher stakes! As part of AmCham’s nonpartisan 2020 Election series, please join friends and colleagues to watch the U.S. Vice Presidential debate live. We expect a more civilized, substantive debate than the last – and will enjoy over an elegant breakfast at the beautiful Mia Saigon Boutique riverfront hotel in D2.
USA TODAY Washington Bureau Chief Susan Page will moderate the vice presidential debate between Vice President Mike Pence and Democratic vice presidential nominee Kamala Harris. The debate will be broadcast from CNN. Following the debate, we will alternate with analysis from Fox and CNN.
The L’ame Restaurant of Mia Saigon in District 2 is opening up exclusively for us – don’t miss this historic event!
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6:00-8:30 pm, New World Hotel Saigon, 76 Le Lai Street, District 1
Event Level Rating: II
AmCham invites you to the AmCham Members Night event including the U.S. Consulate General staff on Thursday, October 8, 2020. Please plan to join the networking cocktail reception at 6:00pm. This will be our special opportunity to introduce you our recently joined members. After introducing of Consulate General team and new members, a cocktail reception will offer networking opportunities for one-on-one conversations with the Consulate General Team, AmCham Governors, and fellow members.
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2:00-8:00 pm, InterContinental Saigon, Corner of Hai Ba Trung St. and Le Duan Blvd., District 1
This is an AmCham co-hosted event.
Due to the Covid-19 pandemic, the world's economy was shut down almost overnight and this closure has confronted the Vietnamese hospitality industry with an unprecedented challenge. Strategies to flatten the -19 curve such as community lockdowns, travel, and mobility restrictions, frontiers closure, led to a sharp decline in hotel occupancies and have also resulted in the temporary or definitive closure of many hospitality businesses. Today, the reopening process has slowly begun and authorities have started to ease restrictions. While the hospitality industry tries to slowly recover and to resumes operations, a lot of professionals still interrogate themselves about what will be the hospitality business in 2021.
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7:30-11:15 am, LOTTE Hotel Hanoi, 54 Lieu Giai Str., Cong Vi Ward, Ba Dinh Dist., Hanoi
Event Level Rating: II
The Vietnam Business Forum Consortium in collaboration with the Ministry of Planning & Investment and the World Bank Group will be holding the top level policy dialogue between the Government of Vietnam and business community, from 7:30AM – 11:15AM on October 13 at the LOTTE Hotel in Hanoi.
The Annual VBF 2020 will provide a platform to engage in a high-level Public – Private Policy Dialogue with key decision-making Government Officials to target on the “Challenges & Opportunities in the new normal”. The discussion focuses on how to reboot business, attract mobile investment flows & provide recommendations to boost participation of local businesses in the value chain. This year, our 2020 AmCham Vietnam National Chair and AmCham Hanoi Chair Ginny Foote will be presenting a coordinated position paper on behalf of AmCham Vietnam. Several of our members will also be contributing to VBF sectoral Working Group presentations.
AmCham members are eligible to join for a fee of VND 750,000/person. Non-members of VBF can join for VND 1,000,000.
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4:00pm-6:30pm, The Reverie Saigon, 22-36 Nguyen Hue Boulevard & 57-69F Dong Khoi Street, District 1
Event Level Rating: II
Over the past few years, Environmental, Social, and Governance (ESG) criteria have become an integral part of a sustainable company’s assessment of its investment and growth.
ESG criteria are used to measure and track how a company’s operations affect, positively and negatively, the well-being of its environment, employees, suppliers, customers, and community. How a company applies ESG criteria increasingly defines its approach to leadership, management, and compliance.
In Vietnam, interest in ESG standards and their impact on growth is increasing in both the public and private sectors. The holistic integration of ESG criteria into most companies’ strategies is still at an early stage.
With this in mind, AmCham has created the new Environmental, Social and Governance (ESG) Committee. The ESG Committee will play a role in identifying Vietnamese and global ESG standards and best practice, in promoting ESG standards locally, and in assisting AmCham members to achieve their sustainable development objectives in Vietnam.
The ESG Committee’s kickoff event is scheduled for Thursday, October 15, 2020.
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Wednesday, October 21
AmCham Supplier Day 2020
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8:00am-4:00pm, New World Hotel Saigon, 76 Le Lai St., District 1
Event Level Rating: II
Join AmCham Vietnam Supplier Day 2020 in person or virtually to learn more from expert panelists about: Vietnam as a Destination for Supply Chain Diversification and Resiliency; and Developing Local Supply Chains in Vietnam. Continue discussions with potential partners and view physical exhibits at a networking lunch. Increase your potential to become a partner or supplier to a Foreign Invested Enterprise through our capacity-building virtual workshop.
More information will be coming soon !
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Friday, October 23 - Saturday, October 24
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6:00pm-4:30pm, M Hotel SaiGon, 39 Ton That Thiep St, Dist 1
Event Level Rating: II
This SPARK! Program is a special opportunity for all professional women in Ho Chi Minh City to:
- BOOST your leadership capacity,
- CONNECT with your leadership purpose
- GAIN insights into your leadership strengths, capacities and areas for growth
- BUILD resilience, and
- CREATE a powerful support network of women.
Who should attend?
- All professional women who want to boost their leadership capacity
- SPARK! provides companies with the opportunity to nurture their female talent, especially around 20 October, Vietnam’s Women’s Day.
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Negligence in Enterprise Management has incidentally become a prevalent legal issue amongst corporations, state agencies, and their associated personnel. With the rise in cases pertaining to negligence in recent years, the need to understand its legal conditions is more imperative than ever. Using two real cases from the past three years, this article aims to unravel the intricacy of the legislature to help readers obtain the clearest understanding of the legal mechanisms both in theory and in practice.
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The Reverie Saigon, has just been celebrating its 5th anniversary in September. To celebrate its 5th anniversary, The Reverie Saigon is launching ‘The Quintessential Reverie Experience’ offering guests that book either the Saigon Suite or The Reverie Suite – the stateliest accommodations in all of Ho Chi Minh City – a complimentary two-hour sunset cruise on The Reverie yacht with champagne, canapes and private butler service.
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Dynamic culinary duo, Chefs Olivier Corticchiato from Le Comptoir in Da Nang and Geert-Jan Vaartjes from Anantara Hoi An Resort, join forces to create an exclusive four-hands dining experience, paired with the ultimate Penfolds Grange Hermitage on board The Vietage.
Embark on a gastronomic dining weekend experience where these creative chefs will be cooking up French-inspired dishes paired with Penfolds wines. Enjoy the full weekend with stays at Anantara Quy Nhon Villas and Anantara Hoi An Resort.
Price per couple is VND 19,950,000.
For further information and seat reservations, please call +84 256 3868 168, or e-mail vietage@thevietagetrain.com. Limited to 12 seats only, so book fast!
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"Payroll processing inside your business is a time-consuming process. Keeping track of benefit deductions, new hires and terminations, paid time off as well as varying pay periods and in-country legislation. Payroll processing is a complex and potentially risky business operation.
- How do you gain and keep compliant with Vietnamese changing laws?
- Are you looking for potential expenses in Payroll Processing?
- Is the transition from internal Payroll Processing to outsourced management really difficult as you think?
Join our virtual business webinar to discover market demands for several years & the outcomes of hidden costs from using the Payroll Outsourcing Service.
Date: Monday, 12th October 2020
Time: 14:00 - 15:00 PM (GMT+7)
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A year has passed since the day Somerset D1Mension Ho Chi Minh City brought to you a new d1mension of living. To celebrate our very first anniversary, we would really go big this time as we want to make sure that you won't have an average October as usual! Enjoy up to 35% discount with extra treats at our serviced residence from now until 31 October 2020! BOOK DIRECT HERE or contact us at enquiry.hochiminh@the-ascott.com. *T&C Applied.
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Committee Meetings & Activities (For AmCham Members Only) |
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4:00-5:30 pm, Sunwah Corner Corporate Café, 115 Nguyen Hue Boulevard, District 1
Event Level Rating: III
- Introduction of CMFSC to new members
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Mr. Paul DiGiacomo, Senior Managing Director, BDA Partners: BDA’s view on M&A opportunities in Vietnam, preferred sectors and industries, how deals are done, what deals have been done, what’s ahead? Q&A
- AmCham Executive Director Mary Tarnowka: Upcoming Financial Services event with HCMC leadership in the last week of October.
- Ms. Oanh Nguyen, Baker McKenzie: New Investment Law and New Enterprise Law, how it will impact your business.
- Short committee updates.
- Next meeting Monday November 2, 2020 from 4:00-5:30pm.
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5:00-6:15 pm, Baker & McKenzie (Vietnam) Ltd, 12th Floor, Saigon Tower, 29 Le Duan Street, Dist 1
Event Level Rating: III
Regular monthly meeting of the committee to review upcoming events, discuss and prepare positions on key issues, laws and regulations relating to trade and investment between Vietnam and the United States.
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8:30-10:00 am, Please register to receive the Zoom link.
Event Level Rating: III
- Welcome - Bob
- Introductions - all
- VBF Education and Training WG Update - Brian
- Update on issues (from participants)
- K-12
- Higher Education
- Online learning
- Other
- Upcoming events - Mary/Lily
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9:00-10:30 am, AmCham Office, Room 323, New World Saigon, 76 Le Lai Street, Dist. 1
Event Level Rating: III
Agenda to be updated.
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AmCham Premium Membership |
The AmCham Premium Membership 2020 is a leadership-level membership for companies contributing strategic support for AmCham's mission and programs. Our Premium Membership comes with a range of exclusive benefits. One all-inclusive Premium Membership's annual billing simplifies your businesses' sponsorship efforts. |
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We love our AmCham members! Do you know all the benefits you get with your membership? Maybe you only remember the ones you've used recently, but there are many ways even our basic level members benefit at AmCham. |
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The American Chamber of Commerce in Vietnam
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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