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BRITCHAM MONTHLY NEWSLETTER

March 2023

and latest Chamber news.

Don't miss out.

INTRODUCTION

We are already racing through quarter 1, the last month has seen some normality return to the trade side of BritCham with 2 trade missions visiting Vietnam. We worked alongside DBT (Department for Business & trade) for the healthtech visit in Ho Chi Minh City and then led an energy delegation from Innovate UK in the renewable energy sector in both Hanoi and Ho Chi Minh City. It was great once again to be talking trade and giving our members the opportunity to interact with these companies. February saw the second edition of the keep calm networking event which continues to grow month on month. We have also been working alongside DBT and BCAC on the City UK project. March is looking like another very busy month, I look forward to seeing you all on 16th March at our next networking event, where we will also welcome the UK Prime Ministers Trade Envoy to Vietnam Mark Garnier.

Best wishes,

Matt Ryland

Executive Director

BRITCHAM EVENTS

BRITCHAM HO CHI MINH EVENT

WELCOME TO OUR NEW MEMBERS

BRITCHAM ADVOCACY

ENERGY CATALYST - BROKERAGE VISIT TO VIETNAM

Last week, BritCham was pleased to welcome the delegation led by Innovate UK to Vietnam, including businesses in the electricity and renewable energy industries.

Innovate UK’s Energy Catalyst aims to accelerate the innovation needed to meet SDG 7 - Affordable and clean energy. Through financial and advisory support, and by building strategic partnerships and uncovering new insights, Energy Catalyst helps bring technologies and business models to the market that can improve lives in Africa and Asia.

During the trip, led by BritCham, the delegation had opportunities to; visit the large industrial parks, DEEP C Hai Phong and Long Hau Industrial Park. Meet with leading companies and businesses in the energy field - Selex Motors, Ecoligo, New Energy Nexus Vietnam, and interact with universities researching & teaching in the energy sector.

With help from The British Embassy in Hanoi, the delegation had meetings with Vietnamese governmental agencies, MOIT and MPI to learn more about the opportunities to access Vietnam's energy market, as well as to understand its prospects and challenges, and to seek investment opportunities and potential collaboration in the green energy industry.

JOIN THE VIETNAM BUSINESS FORUM FOR THE TECHNICAL SESSION

In collaboration with the Ministry of Planning and Investment, the World Bank Group, and the International Finance Corporation, the VBF will be hosting policy dialogues between the Government of Vietnam and the business community.

The Technical Session will be hosted on Friday, 17th March and will focus on the energy transition period, circular economy, sustainable development and competitiveness in new circumstances.

SIGN UP TODAY FOR THE VIETNAM BUSINESS FORUM’S HIGH LEVEL SESSION

VBF’s High Level Session will be hosted on Sunday, 19th March and will include presentations from BritCham and 6 other Chambers of Commerce in Vietnam. The main focus of the event is investigating the roles and responsibilities of businesses in sustainable development and will be conclude with closing remarks from Prime Minister Mr Pham Minh Chinh.

This event is a collaboration between the VBF and the Ministry of Planning and Investment, the World Bank Group, the International Finance Corporation. The event is an important dialogue between the Government of Vietnam and the international business community.

INDUSTRY UPDATE

REDUCTION OF LAND RENTAL AND WATER SURFACE RENTAL OF 2022

On 31 January 2023, Decision No. 01/2023/QD-TTg (Decision) was issued to provide relief to subjects affected by Covid-19. This decision entails a reduction of land rental and water surface rental for the year 2022. Those in need must submit their request before 31 March 2023

The main points of the Decision are outlines in this legal update.