AmCham Vietnam Weekly eNewsletter - 33rd & 34th Weeks of 2022

Weekly eNewsletter

33rd & 34th Weeks of 2022 - August 22, 2022

AmCham Vietnam’s Vision:

We strive to continue 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, as well as environment, social, and governance values and aim to be a community you want to join.

www.amchamvietnam.com

Dear ,

Transitions. There is a reported weakening in consumer demand in the United States, but we did our part for the economy outfitting my daughter’s dorm room. She is excited and a bit nervous about what comes next. I am happy for and proud of her, but also a bit wistful as I face my now empty nest.

Upcoming Events. I am also happy to be back home in Saigon and look forward to seeing many of you at upcoming events, including our Connect & Cocktails Wednesday starting at 6PM at the OnTop Bar at Novotel Saigon Centre-register now LINK!

We have been busy this last week incorporating issues and recommendations from many of our Board members and Committee leaders in preparation for an upcoming PM Meeting with the FDI Community, date TBD, either later this month or in early September. We will be submitting our draft remarks based on your input. And look out for a business outlook survey coming to you soon, too. We want to ensure we know all our members' perspective and concerns!

To better understand the U.S. political and economic situation in the lead-up to the November mid-term election and beyond, please join us at two AmChams of Asia Pacific (AAP) virtual door knock events complimentary for AmCham members: Tuesday morning at 8AM with New York Times Political Reporter and Co-author of "This Will Not Pass: Trump, Biden, and the Battle for Americas Future" LINK and Wednesday at 8:30AM for a Readout of the AAP Washington DC Doorknock 2022 LINK - register in advance to receive virtual links. And save the date now for a special Tuesday, September 6 event on Personal Image with Vietnam International Fashion Week Founder and President and IMAGE Coach Founder and CEO Trang Le. More events coming soon!

AmCham members are invited to join our upcoming Committee meeting:

August 24: Logistics & Supply Chain Committee Meeting

Recent Events

Thanks to all who joined AmCham’s “Unicorns in HR Recruitment, Engagement, and Retention: Digital Platforms to Find and Support Employees in a Disruptive World” event on Aug 18.

The event kicked-off with Nano Technologies (Vui App)'s Co-Founder and CEO Dzung Dang sharing a brief overview on pay frequency, trends, and impact. The follow-on panel discussion featured JobHopin CEO/Founder Kevin Tung Nguyen, Flambe Co-Founder Natalya Wissink, and Respect Vietnam Founder and Strategic Advisor Ha Dang, moderated by TVL Group CEO and Openspace Ventures Sr. Advisor Linh Thai.

Panelists shared current tech solutions for HR issues and tips on how to effectively integrate technology solutions in business operations and HR practices.

The key takeaway was that many tech solutions exist to improve your HR operations. But one size does not fit all. Each business will need to understand its employees' unique needs to facilitate effective integration of HR tech solutions.

The event was co-organized by AmCham Vietnam’s Human Resources & Digital Economy and Technology Committees, and sponsored by Nano Technologies (Vui App).

AmCham is committed to supporting Vietnam’s energy transition and net zero by 2050 target. We partnered with EuroCham, USABC, FUV, and the World Bank for an August 11 Workshop on Structuring and Financing Low Carbon Projects with guest speaker and World Bank Climate Advisor Chandra Shekhar Sinha. Panelists discussed how to develop a carbon market infrastructure, as well as challenges and opportunities in project development and financing. This dialogue will continue as the World Bank, AmCham, and other private sector organizations partner with HCMC leaders on development of a low carbon city program in HCMC. Thanks to members who joined as speakers and active participants in the follow-on discussion: ECV Chairman and CEO David Lewis, AmCham Energy Committee Co-Chair and YCP Solidiance Director Dennis Lien, Orlar Founder and Chair Lyndal Hugo, and UPC Renewables CEO Logan Knox. Join our Energy Committee to take part in these and other upcoming dialogues and events!

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 benefits, and exclusive VIP access. Customized packages are available. To learn more, see LINK or contact Office Manager Cindy Tran.

Thank you for your continued support – let us know how we can do better at team@amchamvietnam.com! Regards, Mary

Greetings from Da Nang and thank all of you who attended our Connect & Cocktails at the beautiful Shilla Monogram Resort! It was great to meet up with so many new people and catch up with old friends and Members. It was unfortunate that the Ambassador was unable to attend due to illness but he has informed me that he will definitely make it to Da Nang to another event in the next few months as he truly would like to meet with our members and businesses here! Have a great week ahead!

Advocacy

Upcoming Meeting with PM Chinh. We have been busy this last week incorporating issues and recommendations from many of our Board members and Committee leaders in preparation for an upcoming PM Meeting with the FDI Community, date TBD, either later this month or in early September. This meeting is intended to be the counterpart to a meeting he held with the domestic business community on August 11. We will be submitting our draft remarks based on your input. And look out for a business outlook survey coming to you soon, too. We want to ensure we know all our members' perspective and concerns!

F&B Committee Advocacy. F&B Committee Co-Chair Le Hoang Vinh represented AmCham at a workshop on August 15th focused on implementation of the Environmental Protection Law, including the new Environmental Protection Fund. Thanks to all who provided input and joined the event in-person or virtually.

Meanwhile, we welcome your feedback on these and other issues to ensure we are aware of your top concerns. This report and prior Advocacy Reports are available on AmCham’s Advocacy page. LINK. Please send your feedback on what is working, what issues remain, and recommended solutions to relevant Committee Chairs, advocacyaction@amchamvietnam.com

Committee Meetings & Activities (For AmCham Members only)

August 24: Logistics & Supply Chain Committee Meeting

Key Media Updates

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.