AmCham honored its members’ best corporate social responsibility (CSR) programs at a ceremony presided over by United States Ambassador Daniel J. Kritenbrink on October 30, 2019. Thirty-four member firms received the CSR Recognition Award for understanding the linkages between business operations and society, and conducting business in a way that creates both long-term economic and social value. To qualify for AmCham’s CSR Recognition Award, a member company’s CSR program must receive high marks in four separate categories: (1) Attention to business objectives and societal needs; (2) Creation of long-term economic and social gains; (3) Communication and sharing of best practices; (4) Program sustainability. Click
On May 10 in Hanoi, AmCham, in cooperation with VCCI and the US Chamber of Commerce, hosted the third annual US-Vietnam Business Summit. The conference, titled, “The 2019 U.S.-Vietnam Business Summit: Celebrating 25 Years of Trade and Investment”, brought together over 250 government and industry leaders from both countries to build on the current positive momentum in the bilateral economic relationship and to address the many areas where inconsistencies, inefficiencies, and unfair practices persist. The conference featured a keynote address by Vietnamese Deputy Prime Minister Trịnh Đình Dũng. The business summit included discussions on a wide range of issues important to Vietnam’s economic development including:
AmCham, in partnership with USAID, VCCI and Vietnam’s Private Sector Development Committee, organized the 2019 Supplier Day in Hanoi on April 25. The event featured over 60 exhibitors showcasing their products and services from a variety of industry sectors, including: electronics, metals, textiles and apparel, leather and footwear, furniture and wood processing, auto parts, agribusiness and food/beverage processing, plastics, logistics and transportation, medical, healthcare, hospitality, and other industrial and consumer products. Over 300 business people participated in the event to meet and hold discussions with many well-known American companies. A number of officials spoke at the Supplier Day event including Vietnam Trade Promotion Agency Director
AmCham hosted a lunch event on January 18 to celebrate its 25th anniversary and the 25th anniversary of the normalization of economic relations between Vietnam and the United States. Over 150 members and friends attended. In remarks at the event, AmCham Chair Natasha Ansell said, “The normalization of economic relations between Vietnam and the US opened the door for US companies and investors here.” She also announced a new program called the AmCham Leadership Development Academy to honor AmCham’s 25 years of promoting a better business climate in Vietnam for all companies and investors. The new program will offer learning and networking opportunities for young
Almost 200 members participated in AmCham’s Annual Meeting and Dinner on December 5 at the InterContinental Hanoi Westlake. The annual event featured remarks by Ambassador Daniel J. Kritenbrink and Assistant Secretary of Commerce Ian Steff, the Chair’s annual report, presentation of the 2018 CSR Recognition Awards, announcement of the 2019 AmCham Board of Governors, and the unveiling of our 25th Anniversary Logo that will be used next years. The event was generously sponsored by Mondelez and Tilleke & Gibbins. Images from the event can be seen by clicking HERE.
AmCham honored its members’ best corporate social responsibility (CSR) programs at a ceremony presided over by United States Ambassador Daniel J. Kritenbrink on December 5, 2018. Twenty-seven member firms received the CSR Recognition Award for understanding the linkages between business operations and society, and conducting business in a way that creates both long-term economic and social value. To qualify for AmCham’s CSR Recognition Award, a member company’s CSR program must receive high marks in four separate categories: (1) Attention to business objectives and societal needs; (2) Creation of long-term economic and social gains; (3) Communication and sharing of best practices; (4) Program sustainability. Click HERE to view
On November 9 in Hanoi, AmCham hosted a workshop to educate stakeholders and the public about transfer pricing. A number of Vietnamese and foreign experts explained why transfer pricing is a legal and normal business practice around the world, including in Vietnam. The workshop brought together government and industry leaders to discuss the rules and methodologies that governments must consider as tax policies evolve. In his remarks, AmCham Executive Director Adam Sitkoff expressed concern that the significant increase in the volume of cross-border transactions, the growth in national budget deficits, and the inaccurate media use of transfer pricing as a tax avoidance practice or violation, are
On November 6 in Hanoi, AmCham, in cooperation with the Vietnam E-Commerce Association, the Vietnam Internet Association, the Japanese Chamber of Commerce and Industry, and the European Chamber of Commerce, hosted a workshop to discuss available policy options to boost the impact of the digital economy for economic growth, job creation, and innovation in Vietnam. The workshop brought together government and industry leaders to discuss further steps that Vietnam can take to unlock the full potential of its digital economy in order to promote economic and social development here. The discussion also focused on the upcoming implementation of Vietnam’s new cybersecurity law. In his welcome
In response to suggestions from members, the AmCham board recently approved two new committees for member participation. The AmCham Education and Workforce Development Committee The education sector is vast, encompassing early childhood, primary, secondary, tertiary, informal, and vocational education. Workforce development programs overlap and complement the formal education system, and provide needed skills and training to those already employed. Members’ support of these sectors includes training teachers and professors, providing infrastructure, curriculum development, materials donation, scholarships, supporting management structures and parents’ groups, assistance to government entities, providing funds for operations and volunteers for tutoring. It also includes exchanges, leadership training, internships, and job placement. The
President Tran Dai Quang speaks to AmCham members on May 19, 2017 in Hanoi On behalf of our members and leadership, AmCham offers our deepest condolences on the passing of President Tran Dai Quang. President Quang believed in a strong private sector and was the first Vietnamese President to speak at an AmCham event. He forged ever-stronger partnerships for Vietnam and deepened his country’s ties with the United States and our business community. We honor his legacy and mourn his loss alongside his family and our friends, the people of Vietnam.