Weekly eNewsletter
48th Week of 2021 - December 5, 2021
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AmCham Vietnam’s Vision:
The most influential, strategic, and dynamic business association in Vietnam, that drives innovation and sustainable growth, and helps our members succeed. AmCham is a diverse and inclusive business association. We welcome American, Vietnamese, and international companies that share our interest in enabling a fair, transparent, predictable, and efficient regulatory environment that values innovation. A community you want to join!
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Beware what you post on social media. Enjoy the services available to us in Vietnam. Be willing to try new things. Beware what you post on social media, particularly if your trainer is a FB friend. My trainer was especially tough on me today. I learned it was because he saw my recent post on pies. I am grateful for the services available in Saigon, like shoe cobblers (this one across from The Norfolk on Le Thanh Ton), which have practically become extinct in our throwaway society. Finally, I encourage you to try new things and not be resistant to change. After years of living in Asia (and San Francisco before), I finally tried chicken paws, aka chicken feet. While not an immediate hit because of their gooey, chewy texture, I did like the sauce. I think it may be an acquired taste, like durian…
Please complete our Member Feedback Survey! We want to hear from you how we are doing and how we can better support you! Please respond no later than COB Tuesday, December 7th. LINK
Thank you to all those who voted for our Board of Governors in HCMC elections! Join us in person at the New World Hotel or virtually for the 27th Annual General Meeting and Members Night from 6-8:30PM, and as close as we can come this year to an end-of-year party! AmCham leaders will update you on 2021 strategic results, key developments, and announce the election results for the 2022-23 AmCham Vietnam Board of Governors. There will also be a Q&A session. Immediately after the organizational meeting, will be a networking cocktail reception, free of charge for AmCham Vietnam members and their spouses/partners, with free flow wine, beer, soft drinks, and hearty hors d’oeuvres hosted by AmCham Vietnam and our generous sponsors. Please register in advance to join, in-person only if you are fully-vaccinated. This will be a Level II event. LINK
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Upcoming Committee Meetings. Committee meetings are now open to both in-person (for fully vaxed) and virtual participation. Please register in advance. All AmCham members are welcome to join;
Manufacturing Committee Meeting on Friday, December 10 at 8:30AM will provide industry updates. AmCham Vietnam ED Mary Tarnowka will update survey results “Prospects for Reopening, Recovery, and Rebound”.
Recent Events:
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It was wonderful to be able to celebrate with so many AmCham members and friends at AmCham’s 2nd Annual “Giving Thanks Dinner” and 2021 AmCham CARES Awards for Covid Relief and Recovery Ceremony December 2nd at The Reverie Saigon.
Special thanks to U.S. Charge d’Affaires Marie Damour, Vietnam Fatherland Front HCMC Chairwoman Tô Thị Bích Châu, HCMC People’s Committee External Relations Office Director General Tran Phuoc Anh, Binh Duong Vietnam Fatherland Front Chairman Nguyễn Văn Lộc, and Acting Consul General Robert Greenan.
This past year has been a challenging year for Vietnam, and many of our companies and families. But strong support and partnership with the Vietnamese and U.S. governments throughout the pandemic implementing policies, donating vaccines, and conducting an impressive vaccine rollout have enabled our businesses to adjust to living safely with the virus and reopen, recover, and rebound.
Many thanks to our performers, Singers Quỳnh Hoa, Quốc Đại, and Cece Trương, who inspired us that evening - and so many frontline healthcare workers and patients during Vietnam’s 4th wave.
We are proud of, and grateful to our many AmCham member companies who demonstrated Leadership in Contributions Toward Vaccines, Medical Equipment, and Supplies; Leadership in CSR Initiatives; Leadership in International NGO Projects; and Significant Contributions to COVID Relief and Recovery.
Together, we look forward to working together to enable a resilient economic recovery and sustainable growth in Vietnam. LINK to photo album
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There were thought-provoking discussions at AmCham’s Nov 30 hybrid in-person and virtual event, Improving Supply Chain Efficiency Through Women Workers’ Wellbeing”. Creating a diverse, equitable, and inclusive workplace which ensures the wellbeing of women (and all) workers is a priority of the Biden-Harris Administration and its Worker-centric Trade Policy. It is a requirement for exporting to many destinations from the USA, particularly California, to the EU, UK, and Australia. It is the right thing to do, especially now during COVID, when women and workers in Vietnam generally are more vulnerable to the lure of traffickers. And it gives businesses which invest in and empower their women workers a competitive edge! Continuing partnerships between businesses, governmental authorities, NGOs, research institutes, and international organizations are needed to enable societal change here in Vietnam and globally.
Many thanks to sponsor Pacific Links Foundation, expert speakers Acting Deputy U.S. Consul General Dorothy Mayhew, Independent Researcher and Consultant Dana Doan, Pacific Links Foundation Program Director Loan Luong, IFC East Asia and Pacific Gender Program Manager Amy Luinstra, Research Center for Employee Relations Director Dr. Do Quynh Chi, Respect Vietnam Founder and Strategic Adviser Dang Thi Hai Ha, Biti’s Sustainability Manager Giang Nguyễn, Esquel Vietnam Brands Director Hanh Do, Target Sourcing Senior Managing Director for SEA Giovanni Rojas, and The Mekong Club CEO Matt Friedman for your insights. And to our audience, including Women in Leaders Committee Co-Chair Irene Öhler and ESG Committee Co-Chair Van Ly for your thoughtful questions!
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Labor Trends: Key Highlights of TalentNet/Mercer Total Remuneration Survey. Once again, TalentNet Senior Principal for Human Capital Hoa Nguyen provided an excellent briefing on salary and bonus trends for MNCs and local companies by sector.
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Although Vietnam’s impressive vaccine rollout has resulted in a significant drop in hospitalizations and deaths, COVID and related lockdowns caused hardship for many Vietnamese people, especially disadvantaged groups such as migrants and informal workers. In addition to contributing directly via AmCham CARES to donate medical equipment to support the Vietnamese government, we provide information about various AmCham INGO members’ COVID-19 relief programs in Vietnam, as well as links to some local NGOs vetted and supported by LIN. LINK. We are happy to highlight COVID-or other CSR-related contributions from our member companies on our social media. Please email details, including photos, to Cindy Tran.
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AmCham Membership Renewal. It’s that time of year to renew your AmCham membership for 2022! 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, during these challenging times, particularly through our Committees, Business Intelligence events, and Advocacy. We look forward to your continued support, and welcome new members. As you join or renew your membership, please consider becoming a Premium Member.
AmCham Premium Membership offers the opportunity for qualified companies to highlight your status as business leaders and your strategic support for AmCham Vietnam’s mission and programs. Premium Membership offers a range of discounts, benefits, and exclusive VIP access. Customized packages are available. To learn more, see LINK or contact Office Manager Cindy Tran at cindy.tran@amchamvietnam.com.
We welcome your feedback at team@amchamvietnam.com to let us know how we can serve you better. We wish you a safe and healthy week ahead! Mary
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Greetings from Da Nang and I hope you are all well. Looking forward to the upcoming holidays, we take the time this week to reflect on all the charitable donations that were made on behalf of all our members to support charitable organizations, including members OneSky and Children of Vietnam this year. Additionally it is with great pleasure to announce that we plan to host an in-person Connect & Cocktails networking reception this month, with all proceeds going to Da Nang and Central Vietnam-based NGO’s. Next week, we will update the time and date, but we welcome members and friends to join and contribute to all our great NGO partners!
Stay safe, stay healthy and stay vigilant!
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COVID-19 Update from Healthcare Provider Subcommittee Chair
Dr. Mason Cobb and Andrew Meadows
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It's Déjà vu all Over Again
For more information, LINK (to COVID page).
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We continue to receive Vietnamese government and media interest in our recent member survey on Prospects for Reopening, Recovery, and Rebound, and plan to follow up with some specific policy recommendations, particularly related to entry of foreign experts, investors, and managers. We expect to have a meeting with Binh Duong authorities the week of December 13th. We also expect to continue to focus advocacy on the new Power Development Plan VIII (PDP8), Digital Economy regulations, and Environmental Protection Regulations. The Vietnam Business Forum, originally tentatively scheduled for December 15th or 16th, now looks like it may take place in January. See Advocacy Report for more details. LINK. Please send your feedback on what is working, what issues remain, and recommended solutions to relevant Committee Chairs, advocacyaction@amchamvietnam.com, and our Manufacturing Task Force, at MFGTF@amchamvietnam.com.
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Committee Meetings & Activities (For AmCham Members Only) |
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Stay informed about key developments affecting your business by checking frequently – updated regularly on weekdays. On weekends, stay informed and connected through AmCham’s Facebook, Linked IN, and Instagram. LINK to our Key Media Updates.
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December 9, 6:00 - 8:30pm.
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At the New World Hotel, and via Zoom for AmCham Vietnam members only.
Advance registration is required.
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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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