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04:00 PM Introduction
04:05 PM Guest speaker: Romil Sheth, Principal Sasaki Group, Boston MA

The government of Ho Chi Minh City recently announced the selection of Sasaki, a US design firm, to develop ideas for an international finance center and innovation district in the eastern part of the city.

Sasaki will lead in the planning and design ideas for over 22,000 hectares (54,000 acres) of the city throughout District 2, District 9, and Thu Duc District.

During this meeting, we will discuss background of the project, timing, process, incentives, and opportunities for Amcham members and US related companies to get involved.

Impacted industries include financial services, technology, education/training, healthcare, real estate.

More info at and

04:25 PM Q&A
04:40 PM Legal updates from legal advisor related to:

  1. New securities law
  2. Pension fund market
  3. Foreign ownership limit increase
  4. Foreign currency control
  5. Equitization
05:00 PM Q&A
05:10 AM Update on CMC progress:

  1. Update on change from CMC to Capital Markets and Financial Services Committee, rationale is to include banks and insurance companies.
  2. Update on the topic of increase the flow of US institutional investment funds to Vietnam/foreign indirect investment (FII).   Various sources could include:
    • Institutional Capital
    • Pension funds
    • Private funds
    • DFC/OPIC
    • Trade and Development Agency
    • EXIM Bank
  3. Update on supporting Vietnam to continuously increase its credit rating and debt market – seeking Fitch, Moody’s, S&P principals
  4. Update on supporting SMEs in Vietnam access to capital – update on funds, advisory groups
  5. Update on advocating for improved functioning of the capital markets – seek experts in this area/HOSE/VietCap
    • Increasing liquidity
    • Trade settlement
  6. Update on platform for networking between professionals in the capital markets industry of Vietnam
    • Planning for happy hour networking functions potentially sponsored by beer companies
    • Planning for senior executives networking functions potentially sponsored by Park Hyatt, EMG/ROS…
05:25 PM Feedback from attendees, next meeting agenda
05:30 PM Meeting ends