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AmCham Weekly Newsletter
August 29th, 2023
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August 31 - 2:00pm-7:00pm
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At The Reverie Saigon, 22-36 Nguyen Hue Blvd, Dist. 1, HCMC
Join us at "Navigating and Empowering Vietnam’s Renewable Energy Future" as we explore the path to the renewables future for Vietnam. Connect with industry leaders and energize Vietnam's journey towards a cleaner, greener and brighter tomorrow. The event will decode Vietnam's latest Power Development Plan and will include panel discussions on bankable wind projects and success stories in Renewable Energy. The event will be sponsored by UL Solutions.
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September 12 - 8:30am-11:00am
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At The Reverie Saigon, 22-36 Nguyen Hue Blvd, Dist. 1, HCMC
The economic recession and the new regulation of the global minimum corporate tax may cause many disturbances for businesses in 2024. It is not only the challenge for Vietnam in attracting FDI, but also for multinational companies in making decision of where to invest and how to operate. Therefore, understanding and forecasting the impact of the global minimum corporate tax will help businesses be more proactive in their strategy and operations.
In order to help businesses better understand this issue, AmCham in collaboration with RSM Vietnam cordially invites you to attend a seminar with the topic Navigating global minimum corporate tax for enterprises. Practical sharing from RSM Vietnam representative – Mr. Le Khanh Lam, Partner, Head of Tax & Consulting Services will bring a lot of useful information about the impact of the upcoming application of the global minimum tax in Vietnam.
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At New World Hotel Saigon, 76 Le Lai Street, Dist. 1, HCMC
The U.S. Consumer Product Safety Commission will conduct FREE product safety training for buyers and sourcing professionals purchasing textiles/ apparel/ upholstered furniture in Vietnam. The training event will take place from 9:00am to 5:00pm on September 13, 2023 in Ho Chi Minh City.
Target groups for this training are resident-in-Vietnam buyers and sourcing professionals who purchase consumer products for major importers located in the United States. Many will be direct employees of U.S. companies. Other potential attendees will be from specialized firms that handle purchasing for large global retailers, as well as from small and medium sized trading companies active in the consumer product export business. English-Vietnamese interpretation will be provided.
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At Heineken Vung Tau Brewery Factory, Bà Rịa - Vũng Tàu
AmCham Vietnam ESG Committee is pleased to organize its first ESG field trip to Heineken Vung Tau Brewery Factory as part of our effort to showcase best practices in sustainability among our member companies. The site visit will include both a tour of the facility in Vung Tau and a presentation on Heineken’s ESG strategy and its roadmap to net zero . The attendees will have opportunities to ask questions about Heineken’s ESG strategies and plans such as energy, waste reduction, decarbonization, labor practices, and governance.
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At AmCham Office, Room 323, New World Hotel Saigon, 76 Le Lai Street, Dist. 1, HCMC
At this new member event, you will learn more from our Executive Director, James Ollen, about AmCham Vietnam benefits, our mission, and programs to help new members – or existing members who want to learn more – how to get involved and make the most of their AmCham membership.
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September 27 - 6:00pm-8:30pm
AmCham Connect & Cocktails at ROS Yacht Club
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At ROS Yacht Club, 10B Ton Duc Thang St., Dist. 1, HCMC
Don’t miss our next AmCham informal networking event – Connect & Cocktails.
Our AmCham Connect & Cocktails 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.
Please plan to join for a great night of networking and our essential Lucky Draw!!
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Upcoming Committee Meetings | |
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AmCham members are welcome to join, in-person or virtual.
Education & Training Committee Meeting, Wednesday, September 6, 9:00AM
Manufacturing Committee Meeting, Friday, September 8, 9:00AM
Capital Markets and Financial Services Committee (CMFSC) Meeting, Monday, September 11, 4:00PM
Energy Committee Meeting, Tuesday, September 12, 3:00PM
Legal & VBF Liaison Committee Meeting, Wednesday, September 13, 5:00PM
Environment, Social and Governance (ESG) Committee Meeting, Thursday, September 14, 4:00PM
Digital Economy & Technology Committee Meeting, Monday, September 19, 9:00AM
Healthcare Committee Meeting, Wednesday, September 20, 4:15PM
HR Committee Meeting, Thursday, September 21, 9:00AM
Tax & Customs Committee Meeting, Thursday, September 21, 5:00PM
Logistics & Supply Chain Committee Meeting, Wednesday, September 27, 9:00AM
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Recent Activities and Events | |
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AmCham Holds Business Roundtable with U.S. House of Representatives Committee Staff
AmCham recently welcomed Professional Staff Members from the U.S. House of Representatives' Foreign Affairs Committee and the Select Committee on China to a Business Roundtable to discuss Vietnam’s increasing role as a location-of-choice for foreign companies looking to “de-risk” their supply chains, as well as opportunities to increase economic ties between the United States and Vietnam.
The wide-ranging discussion touched on a variety of sectors including manufacturing, renewable energy, and supply chain as well as topics such as workforce development, judicial reform and ESG.
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AmCham's Summer Blood Donor Days 2023
In 2023, the World Health Organization (WHO) organized The World Blood Donor Day with the slogan “Give blood, give plasma, share life, share often”. Following this initiative, AmCham Vietnam Ho Chi Minh City & Da Nang worked with the Blood Transfusion & Hematology Hospital (BTH) and Victoria Healthcare Clinic to organize the AmCham’s Summer Blood Donor Days 2023. The program took place on two dates: August 17, 2023 at Victoria Healthcare Clinic at Luong Dinh Cua (Thu Duc City), and August 28, 2023 at New World Saigon Hotel (District 1).
In addition to two venue sponsors, Victoria Healthcare Clinic and New World Saigon Hotel, the program also received sponsorship from AmCham member companies: Ly Gia Vien, Coca-Cola Vietnam, Dan-on Foods, Suntory PepsiCo Vietnam Beverages, HG Aviation, Tesla Education Group, and TRG.
Blood donors also had the opportunities to receive two round-trip flight tickets from HCMC to Bangkok from THAI Smile (sponsored by HG Aviation).
During the blood donation campaign, AmCham received the support of 260 blood donors, with a total blood donation of 91,800 ml. The member companies that actively supported the program came from Victoria Healthcare Clinic, Bayer Company, Coats Phong Phu, Techtronic Industries Vietnam.
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World Bank Forecasts Stronger Growth for Vietnam in 2H 2023
The World Bank is forecasting full-year GDP growth in Vietnam at 4.7%, with a slow recovery to 5.5% in 2024 and 6% in 2025, after real GDP growth slowed to 3.7% year-on-year in 1H 2023.
The forecast was included in a report, Taking Stock August 2023: Making Public Investment Work for Growth that was published this month and can be found in this LINK.
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AmCham Calls for Nominations to the National Board
The American Chamber of Commerce in Vietnam ("AmCham") is seeking a diverse and inclusive National Board of Governors for the term from 2023 to 2025 that will provide, on behalf of our membership, strategic guidance, oversight, and resources to the Chamber and its Chapters. The National Board will guide AmCham’s professional staff and its volunteer committee leaders in our mission to promote trade and investment between Vietnam and the United States, and to serve as the voice of American business in Vietnam.
All AmCham voting members are invited to nominate fellow voting members in good standing who can help us to be the most influential, strategic, and dynamic business association in Vietnam. AmCham welcomes American, Vietnamese, and international companies that share our interest in enabling a fair, transparent, predictable, and efficient regulatory environment that values innovation. We are committed to diversity, equity, and inclusion (DEI), as well as environmental, social and governance (ESG) values.
If you are a voting member and are interested or know someone who might be a good candidate, please see more information at LINK. Due date for nominations is Friday, September 15.
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AmCham Office is closed for Vietnamese National Day
We will be closed Friday, September 1st to Monday, September 4th for the Vietnamese National Day holidays. We hope you have a restful and relaxing long weekend.
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Welcome New AmCham Members | |
We would like to extend our warmest welcome to our newest members. Thank you for your support! | |
Welcome New AmCham Discount Partners | |
We are thrilled to extend a warm welcome to our new partners who have joined the AmCham Discount Program. With their participation, our members can enjoy exclusive discounts and special privileges when using their AmCham Membership Card on our Membership Discount Program. AmCham welcomes requests from all interested companies that would like to be apart of the program, and want to offer valuable discounts or savings on their products or services to about 2,000 individual business representatives of over 550 corporate members. You can fill out this Form to join us or contact amcham.membership@amchamvietnam.com for further information. | |
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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