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TPP Update, Labour Code Draft Decrees, Palooza Party 


Vietnam is open to working with the United States and the private sector to see whether a U.S. proposal aimed at resolving the controversial issue of rules of origin for apparel will lead to a solution that would be acceptable to both countries in a Trans-Pacific Partnership (TPP) agreement, according to Tran Quoc Khanh, Vietnam's Chief TPP Negotiator. 

Events, Meetings & Special Offers

Dialogue Meeting with MOLISA/VCCI on Draft Decrees, revised Labor Code  

The Ministry of Labour, War Invalids and Social Affairs (MOLISA) has circulated a number of draft decrees guiding the new Labour Code and the new Law on Trade Unions. In accordance with Vietnam's commitments to transparency and consultations, MOLISA and VCCI proposed this workshop and dialogue meeting with MOLISA Legal Department Director, Mr. Dang Duc San.



We, Mar 27  

Palooza Party 


The Palooza Party is a platform to develop new friendships, networking opportunities and information exchange. 

Come and join us for a night of casual networking, meet other professionals, bring your business cards! 

Free admission for AmCham Member 

Vnd 100,000 for non-member

includes free canapés; special prices for drinks, charged upon consumption to individual guests by the Restaurant

We, Apr 18  

Morning Briefing: Hire Right & Avoid Firing

Firing employees is a tough task worldwide, more so in Vietnam, due to regulations. Very few firings are due to restructuring or changed business environment, beyond the control of the organizations. The majority of terminations are due to non-performance and employee not fitting the job, so hire right and avoid firing  


U.S. negotiators met with several apparel brands and retailers and made a detailed presentation about their new approach to "short supply" in TPP. In brief, the new U.S. proposal is to create two short-supply lists: one for permanent benefits, and one for temporary [3 years] benefits. Unlike the short-supply provisions in other U.S. Free Trade Agreements, the TPP concept is intended to be a simpler approach that will provide preferential market access from day one of the agreement. Gail Strickler, Assistant USTR, Textiiles & Apparel.


Location: Road No. 9 - Quater 1 - Hiep Binh Chanh Ward - Thu Duc District 800m from BinhTrieu Bridge. 7km from Saigon Notre-Dame Cathedral 

Area: 26 x 100m = 2.600 m2

If interested, please contact Ms.Linh via email or phone at 0915330660 - 0905279660 , Ms.Lyna 0917449955 ([email protected]). View more photos

CareerBuilder, the global leader in recruitment solutions, continues its strategic Asian expansion and entered the Vietnamese market in February 2013. Based out of Chicago, CareerBuilder continues to grow by purchasing HRVietnam and KiemViec, two key assets of Vietnam Online Network (VON). With more than 20 years of expertise in recruitment services, the company is confident of potential growth in Vietnam, and promises to offer Vietnamese job-seekers exceptional local and global career opportunities. 


A 10% increase of business bankruptcies in 2012 has showed a significant signal of increasing bad credit risk in Vietnam. Today, D&B's (Dun & Bradstreet) powerful analytical tools and data coverage of 125,000 companies in Vietnam make the task of reducing bad credit risk easier, and hence improving cash flow. Get D&B report today to enjoy a 10% discount valid until April 30th,2013 

As a result of active inter-sessional engagement, and the pragmatism and flexibility shown by all countries during this round, the delegations succeeded in finding solutions to many issues in a wide range of areas such as customs, telecommunications, investment, services, technical barriers to trade, sanitary and phytosanitary measures, intellectual property, regulatory coherence, development, and other issues. This will allow the TPP countries to concentrate their efforts on resolving the most challenging issues that remain, including related to intellectual property, competition, and environment. Barbara Weisel, Assistant USTR and Chief U.S. TPP Negotiator.
Vietnam exports $7.6 billion worth of garments to the US. And with the current growth rate, the export turnover would be $13 billion by 2020. However, with the Trans-Pacific Partnership agreement (TPP), the figure would be as high as $22 billion, according to Mr. Le Quoc An, Senior Advisor to the Vietnam Textile and Apparel Association. He said that this is not an "illusion," if Vietnam can grab the opportunities to be brought by TPP. An said he personally has received at least 10 invitations for cooperation from companies from Singapore, Hong Kong, and China, who said they wanted to look for suitable places to set up textile factories in Vietnam. 

The Ministry of Labour, War Invalids and Social Affairs (MOLISA) has circulated a number of draft decrees guiding the new Labour Code and the new Law on Trade Unions. In accordance with Vietnam's commitments to transparency and consultations in the  Bilateral Trade Agreement and WTO Accession, we are cooperating with MOLISA and VCCI to organize this workshop and dialogue meeting on We, Mar 27. 

The chart shows U.S. imports from TPP countries, excluding Canada and Mexico. Vietnam was already the third largest supplier in 2011, overtook Singapore in 2012, and could soon overtake Malaysia to be the leading supplier. As an export market, Vietnam ranks quite low.


"The U.S. has been negotiating market access only with those countries with which we do not already have FTAs.Those negotiations are being conducted bilaterally at a pace that is responsive to the offers from the other countries. The key county is Vietnam, a very large market. We're looking to insure that we have significant market access in areas of interest to the U.S. Vietnam is looking for improved access in footwear and textiles. We are slowly making progress on a package that will be balanced, and addresses the interests of both countries, but we have to do so in a way that is comfortable for both countries." Barbara Weisel, Assistant USTR and Chief U.S. TPP Negotiator.

Global Relocations Leader "AGS FOUR WINDS" Opens in Vietnam  

AGS Four Winds VIetnam opened offices in Vietnam this month, as momentum continues with the AGS group's expansion in Asia. The two new branches are located in the main commercial hub HCMC & a satellite office in the capital of Hanoi. AGS Four Winds Vietnam is headed by Kevin Hamilton. Originally from the UK, he has 7 years removal and logistics experience within Vietnam and proven management                                                    expertise across multiple industries.  

Vietnam would be the largest beneficiary
on the TPP track and of an Asia- Pacific-wide agreement. Five factors explain this result: (1) strong trade with the United States; (2) the lowering of high protection abroad against apparel and footwear, which are Vietnam's principal exports; (3) strong competitive positions in these and other manufacturing industries where China's comparative advantage is fading; (4) high initial domestic protection; and (5) powerful scale effects in Vietnam's principal production clusters.  


The first three factors would boost Vietnamese exports and terms of trade under the TPP. The last two amplify these benefits by stimulating productivity gains. Higher incomes in turn enable Vietnam to invest more and grow more rapidly.  

News and Issues Updates
Ambassador David Shear

I recently visited Thai Nguyen University (TNU) to get a close look at our cooperation with an innovative Vietnamese university.   We are pleased to partner with TNU as it builds a reputation as a regional university, increases its English language programs, and boost its efforts to teach Vietnamese youth.   


We are proud to have our Fulbrighters teach English and run programs at TNU, and we have built an "American Space" at the university to introduce students to American culture and spotlight the many scholarship programs and exchange opportunities in the United States.


The annual Asia Pacific Business Outlook is the premier conference for exporters and investors targeting Asian markets. Get key intelligence on 17 markets by choosing from 60 focused sessions and private one-on-one consultations.


This event has been postponed because of scheduling conflicts. The annual AmCham Weekend offers an opportunity to review the business outlook and key trade and investment issues with other senior executives in Vietnam, and with the U.S. Ambassador and Embassy/Consulate General senior officials. The Mia Resort, nestled in a quiet bay, on the mountain pass between Cam Ranh Airport and Nha Trang city, is a haven of tranquillity. Set on the slopes of the Nha Trang Mountains, sheltered by jungle, and with its own private beach, it is unequalled in its beauty, hospitality, and quality.  

 New Metro Line to link Binh Duong New City with HCM City


The Ministry of Labour, War Invalids and Social Affairs (MOLISA) has circulated a number of draft decrees guiding the new Labour Code and the new Law on Trade Unions. In accordance with Vietnam's commitments in the  Bilateral Trade Agreement, in the report of the Working Party on the Accession of Vietnam to the WTO, and as ratified by the National Assembly in Resolution No. 71, Nov 29, 2006, we are preparing for workshops and dialogue meetings with MOLISA in the coming days, most probably in March. We will keep you informed as to the date, time, and location of the workshops and dialogue meetings.  



New World Hotel Saigon #323
76 Le Lai Street, District 1
Ho Chi Minh City