Request for comments: Draft Law on Investment

VBF-logo copyThe VBF would appreciate if you could send to the VBF Secretariat ([email protected]) comments/inputs to the Draft Law by February 14, 2014. Read more

Vietnam’s Policies and Financial Markets 2014 • Wed, Feb 26

Vu Viet Ngoan, Chairman, National Financial Supervisory CommissionMr. Vũ Viết Ngoạn, Chairman of the National Financial Supervisory Commission of Vietnam, will discuss Vietnam’s policies and financial markets in 2014.  Key issues regarding restructuring of the banking system, dealing with non-performing loans, and the outlook for financial markets’ impact on Vietnam’s macroeconomy as well as on business operations in Vietnam. The National Financial Supervisory Commission advises the Prime Minister about coordinating supervision of national financial markets (banking , securities , insurance), and helps the Prime Minister monitor national financial markets. Read more

Technical assistance to help Vietnam implement TPP, 2014 – 2018

Kerry and MinhSecretary of State John Kerry announced a technical assistance program for Vietnam to help implement the TPP Commitments during his visit to Vietnam Dec 14-16, “And today, I am happy to announce USAID’s Governance for Inclusive Growth. It’s a program to help implement the Trans-Pacific Partnership. This is not aid. I want to make that clear. This is an investment, and it’s an investment in broad-based and sustainable growth.” Secretary of State John Kerry, Dec 14, 2013 in Ho Chi Minh City.

On Jan 14, USAID signaled its robust support for the U.S.-Vietnam Comprehensive Partnership with an event to launch its Country Development Cooperation Strategy (CDCS), which outlines the USAID’s development assistance program in Vietnam from 2014 through 2018.  At the event, USAID signed a memorandum of understanding with the Ministry of Justice to officially begin USAID’s new “Governance for Inclusive Growth” program. Read more

Vietnam Business Forum, Dec 3, 2013

VBF-logo copyThe VBF offers an opportunity for a structured dialogue between government and business.

For over a decade, AmCham has been a strong supporter of the Vietnam Business Forum, which was originally organized, financed and managed by the International Finance Corporation (IFC), a member of the World Bank Group.

The Year-end VBF meeting is scheduled to be held on December 3,  2013. If you would like to attend, please contact us at [email protected] We have a limited number of tickets for AmCham members.

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Customs – Business Dialogue, Rex Hotel, Nov 29, 2013, 08:00 – 12:00

Lê Mạnh Hà, Vice ChairmanA special dialogue to get updates on Vietnam’s “Customs – Business Partnership, 2013-2015,” Customs Administration and Business Facilitation in the amended Customs Law and in the TransPacific Partnership. In addition, ask questions, discuss current issues, future plans, and your experiences with Customs first-hand with Vietnam Customs Deputy Director General Vu Ngoc Anh, as well as local Customs officials from HCMC, Binh Duong, Dong Nai, the key manufacturing FDI provinces in the Southern Key Economic Region.

Vietnam Customs plans to emulate the U.S. Customs and Border Patrol’s “Custom – Trade Partnership,” and seeks regular dialogue with businesses. HCM City People’s Committee Vice Chairman Lê Mạnh Hà will lead the meeting and moderate the Q&A, organized by the HCM City Investment and Trade Promotion Center (ITPC), with AmCham’s support.

When: Fri, Nov 29, 08:00 – 12:00
Where: Rex Hotel

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New eCustoms (VNACCS/VCIS) Training, Nov 27 and Dec 5

hai quan bac ha noiJoin the training sessions to learn about the new eCustoms systems that will go into effect on Apr 1, 2014 the VNACCS/VCIS (Vietnam Automated Cargo and Port Consolidated System).

Training Sessions for Using the Vietnam Automated Cargo and Port Consolidated System

When: Session 1: Wed, Nov 27, 08:00 – 16:30
Session 2: Thu, Dec 5, 08:00 – 16:30
Where:VCCI-HCMC Bldg, 10F, 171 Vo Thi Sau, District 3, HCM City

Read more … Event Details and Registration Form

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Prime Minister’s Dialogue with Entrepreneurs – AmCham Statement, Oct 13-14, 2004

Herb Cochran, Executive Director, AmCham Vietnam

AmCham feels obliged to raise a delicate but critical issue, the issue of corruption, which is a widespread phenomenon that undermines good governance, erodes the rule of law, hampers economic growth and efforts for poverty reduction and distorts competitive conditions in business transactions. We will not remind participants here about the many recent cases, across many industry sectors, including agriculture, telecommunications, road construction, oil and gas, and most recently textiles and apparel.”

Comment by Prime Minister Phan Van Khai (Tiếng Việt – Vietnamese) (English translation)

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US experts advise Vietnam how to lift aviation industry to new heights

New Noi Bai TerminalThere is room for further co-operation between the US and Viet Nam in developing aviation infrastructure, safety and security, industry officials said at a conference held on Wednesday, Sep 25 in HCM City.

The conference heard representatives from US aviation companies and US government experts from the Federal Aviation Administration (FAA) sharing their expertise to facilitate the goal of aviation progress in Viet Nam.

The conference focused on best practices in airport operations, including maximising airport traffic management to increase capacity, public-private partnership opportunities in Viet Nam’s aviation sector, and aircraft certification.

According to Le Van Tang, head of the Bidding Management Department at the Ministry of Planning and Investment, demand for annual capital to develop aviation infrastructure is estimated at $8 billion. He said that two aviation projects are calling for public-private partnerships, including the $250-million Van Don Airport in northern Quang Ninh and the $5.62-billion Long Thanh Airport in southern Dong Nai. The latter would carry 100 million passengers a year.

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HCM City People’s Committee Dialogue with FDI Business Associations, Fr, Aug 30

ho-chi-minh-city-peoples-committee-buildingWith FDI and GDP growth in a structural decline, this event is proposed and organized by the Investment and Trade Promotion Center of HCMC (ITPC) to provide Foreign Business Associations  a chance to discuss with relevant officials their concerns and difficulties in doing business in VN, particularly in HCMC. It will also allow Foreign Business Associations an opportunity to make recommendations to improve the business environment.