AmCham Weekly Newsletter
April 18th, 2023
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At InterContinental Saigon, Corner Hai Ba Trung St. and Le Duan Blvd., District 1, HCMC
AmCham’s Legal and ESG Committees invite you to join a seminar focused on Navigating Corporate Governance for Foreign Investors in Vietnam, sponsored by our member organization FTI Consulting. A panel of experienced speakers will share insight on topics such as risk mitigation and compliance, due diligence requirements for investors, and anti-corruption regulations in Vietnam and navigating risk scenarios.
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April 21- 3:00pm-4:30pm
At Danang Administrative Centre, 24 Tran Phu, Thach Thang Ward, Hai Chau District, Danang
For the 2020-2025 orientation, Da Nang authorities are concentrating on strengthening hi-tech and supporting industries and IT development in connection with building start-ups, innovative urban ares, and smart cities. To attract investment in this sector, Danang Investment Promotion Agency (IPA) and the Management Board of Da Nang Hi-Tech Park collaborate with Long Hau Corporation to organize the Investment Conference "Da Nang City - The New Hi-tech Industry Hub".
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At New World Saigon Hotel, 76 Le Lai St, Ben Thanh Ward, District 1, HCMC
Join this month's AmCham Business Intelligence Briefing on April 21 for a discussion on how Artificial Inteligence (AI), data and tools such as ChatGPT can unlock value for businesses and how they work. Specific use cases in Vietnam will also be discussed. A networking cocktail reception will follow the briefing.
This event will feature AmCham HCMC Board member and Microsoft Vietnam Country General Manager Nguyen Quynh Tram, as well as Microsoft Vietnam Chief Technology Officer, Le Nhan Tam
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At AmCham Vietnam HCMC Office, Suite 323, New World Saigon Hotel, 76 Le Lai St, Ben Thanh Ward, District 1, HCMC
At this event for new members, 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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At HCMC People's Committee, 86 Le Thanh Ton St., District 1, HCMC
In collaboration with the Investment and Trade Promotion Center (ITPC) of HCMC, we are delighted to host this exclusive dialogue with HCMC Chairman, Phan Van Mai. Chairman Mai has endorsed an interactive exchange with leading AmCham investors and employers to better understand the challenges businesses face in HCMC, as well as how AmCham and HCMC leaders can partner to overcome them.
Given limited in-person participation, this event will be held as a Chair’s Circle Event on an invite-only basis for members of the HCMC Board of Governors, Committee Leaders, Diamond and Gold sponsors, and other key representatives with particular subject matter expertise. While in-person participation is limited, we will seek to ensure we are representing all our members’ interests!
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At Saigon Kitchen, Hotel des Arts Saigon, 76-78 Nguyen Thi Minh Khai St., District 3, HCMC
Don’t miss April's Connect & Cocktails. AmCham’s monthly informal networking event provides an opportunity to meet AmCham members and other professionals in an informal after-work setting over a glass of wine, beer, or cocktail.
Please plan to join for a great night of networking and our famous Lucky Draw!
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At District Federal, 84 Xuan Thuy Street, Thao Dien, Thu Duc City, HCMC
Tickets are still available, don’t miss out Amigos! AmCham’s Cinco De Mayo Party will feature free-flow beverages - including margaritas, beer, wine, and soft drinks, as well as a a Mexican themed buffet dinner.
Limited to 70 participants. Buy your tickets early!
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July 1 - 11:30am-5:00pm
AmCham Independence Day Celebration & Community Picnic
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At Riverside Apartments, 53 Vo Truong Toan St., Thao Dien Ward, Thu Duc City, HCMC
Commemorate America’s independence at AmCham’s 28th Annual Independence Day Celebration and Community Picnic. Enjoy live music, savor classic American dishes and beverages, as well as local and international cuisine at this family-friendly outdoor event. Our Kids Corner will have many entertaining activities for children including face painting and a bouncy castle.
Multiple sponsorship opportunities for this event are still available. Please contact our Events Team or click below for more information.
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POSTPONED
April 19 - 8:30am-11:30am
Giải quyết Tranh chấp Lao động
Labor Dispute Resolution
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Due to unexpected circumstance, this event has been postponed. Please stay tuned for a new schedule to be announced soon. |
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Upcoming Committee Meetings |
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AmCham members are welcome to join, in-person or virtually:
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21st AmCham Scholarship Officially Opens
The annual AmCham Scholarship is back. In its 21st year, it will include 60 scholarships for top students enrolled in Ho Chi Minh City universities. Candidates will have to pass 3 rounds: Application, Ability Test and Interview. The best candidates will receive the following benefits:
- Cash value VND 15,000,000
- Prestigious recognition from AmCham's 550 member companies
- Credit for jobs & internships from AmCham and AmCham member companies
- Eligible to join AmCham Scholar Alumni Group (ASA) and multiple networking activities
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HCMC DOLISA Issues New Guidance on Work Permit Procedures
On April 6, business associations and enterprises discussed with the HCMC Department of Labor, Invalids, and Social Affairs (DOLISA) and the Immigration Department, regarding work permit application process obstacles and challenges.
As a result of this, HCMC's DOLISA issued updated guidance on April 10 regarding the work permit procedure. Below are key highlights:
- The guidance provides more clarity to whether or not companies should submit Form 01/PLI or 02/PLI as part of their documentation regarding the necessity to hire foreign workers. For instance, it stipulates that enterprises that have received an approval notice from the HCMC DOLISA but have changed their company name must submit Form 01/PLI.
- The processing time for extending work permits has been shortened from five to three working days. However, the processing time for renewing and re-issuing work permits remains the same, at five working days and one working day, respectively.
- DOLISA's processing time to verify that foreign workers do not require a work permit has also been shortened from five to three working days.
Click LINK to read the new guidance in Vietnamese.
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REMINDER - EPR Survey: Impact on Compliance with Extended Producer Responsibility (EPR) on Packging Recycling Towards Manufacturing and Import Businesses
AmCham member companies are invited to participate in this survey assessing the impact of regulations on Extended Producer Responsibility (EPR) on businesses. This survey is relevant for manufacturing and import businesses that are directly affected by EPR regulations and are responsible for EPR compliance in Vietnam.
Survey results will be used to provide appropriate feedback to policy makers in the process of developing relevant regulations, and support businesses with the implemention of and complying with EPR. This survey is voluntary and anonymous. All information related to this survey will be kept confidential by AmCham Vietnam, and only be used for activities that support member companies in implementing and complying with EPR.
We appreciate your response no later than April 18, 2023.
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Tax season is once again upon us, and Tax Day is today, April 18. So if you still haven't filed, it's time to get your paperwork together.
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ASIA COUNSEL VIETNAM LAW COMPANY LIMITED a New Premium Corporate Member: We are delighted to welcome Asia Counsel Vietnam Law Company Limited as a Premium Member at the Silver level and value its support.
AmCham Premium membership offers the opportunity for qualified companies to highlight their status as business leaders and their strategic support for AmCham Vietnam’s mission and programs. Premium Membership offers a range of benefits, including exclusive VIP access. Customized packages are available. To learn more, see LINK or contact Office Manager Cindy Tran.
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Renew your AmCham membership! Stay engaged, and maintain your benefits, including opportunities for professional networking, business intelligence, advocacy to improve the business environment, and promoting your business. We have been sending out 2023 Membership Renewal notices via email . We encourage members to renew promptly, and consider upgrading to a Premium Membership! For more information, or if you haven’t yet received your renewal notice, please contact Membership Manager Sam Hoang.
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Last week we were proud to attend the Memorandum of Understanding Signing Ceremony at the University of Danang between the University of Danang and our member Imex Pan Pacific Group (IPPG) and IPPG Response Consulting APAC Australia.
According to the signed content, the parties will cooperate on fostering/training skills, expertise and professionalism in such industries as: Economic development and business, Food processing, Information technology, Engineering, Hotel and Tourism, Nursing…; Implement a program to improve skills for students including specialized English, soft skills and other professional skills, thereby helping UD students have more opportunities to foster and develop skills and expertise , professional services, meeting the needs of the domestic and foreign labor market, especially Australian businesses and employers.
For Da Nang city in the development strategy, it is very necessary for human resources to attract investment and create economic growth. The investment project of the International Financial Center in Da Nang as well as the opening of the Fintech industry as mentioned by the Director of UD is very important for the parties to work together for mutual benefits.
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We were also honored to attend the American Pacific University’s site visit to Universal Alloy Corporation. The group of 45 students were given an introduction to aerospace manufacturing, a site tour and then a question and answer program with the Manufacturers top Executives, so many of the questions from the students were very in depth and the answers quite insightful.
We look forward to seeing our members such as APU and UAC be able to engage with one and other in a constructive and knowledgeable way!
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And finally thanks to all that attended our last Connect & Cocktail’s Networking Event at the Novotel last Friday. Once a gain a great event with a diverse range of members and guests. Special thanks to the Novotel and their staff for providing such an excellent service as well as excellent food and drinks!
Chris Vanloon, AmCham Danang Chair
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We would like to extend our warmest welcome to all new members who joined us in March 2023. Thank you for your support! |
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Thanks to Our Premium Members |
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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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