No. 3 2021
NEWSLETTER
TABLE OF CONTENTS
NEWS New Brand Ambassador of True Italian Taste Project – Madam Trang Le
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“Vào Bếp Kiểu Ý” Cooking Contest – True Italian Taste Project
05
Webinar “Green Growth and Sustainable Development” with D&P
06
Webinar “Expats in Vietnam - The required compliance procedures & New regulations since 2021”
07
Webinar “The Hiring Challenge in Vietnam: How to Grow Human Capital in the Pandemic”
08
Webinar “Exploring Vietnam’s Medical device industry: Opportunities for European Businesses”
09
ICHAM Members Sponsor Medical Devices to Frontline Hospitals – Breath Again Campaign
09
Webinar “Tax and Transfer Pricing Regulations in Vietnam - Business Impacts in a New Normal”
10
Italy support Vietnam with Covid Vaccine donation
10
UPCOMING EVENTS DISCOUNT PARTNER
New Brand Ambassador of True Italian Taste Project Madam Trang Le In August, 2021, Madam Trang Le became the Brand Ambassador for the True Italian Taste Project. Madam Trang Le is known as the CEO of MultiMedia JSC and the President of the Association of Southeast Asian Designers and the President of Vietnam International Fashion Week. In April 2021 was bestowed with the Knighthood of the Order of Merit of the Star of Italy by the Consul General of Italy in Ho Chi Minh City.
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“VAO B TRU
t the end of August, 2021, the winner of “V – Italian Style) was announced. The con organized by the Italian Chamber of Commer Embassy of Italy in Vietnam. “Vào Bếp Kiểu Ý” Contest aims at introducing traditional Italian dishes representing the beauty of Mediterranean diet, and at the same time, providing information and knowledge for Vietnamese consumers to distinguish true Italian products from numerous Italian-sounding products.
Mr. Michele D’Ercole – Chairman of the Italian Chamber of Commerce in Vietnam emphasized that the person invited to the position of Brand Ambassador of True Italian Taste Project must be someone who truly understands and feels the subtleties of Italian culture. “We had time to interact and cooperate with Madam Trang Le through a number of activities of Icham and the Consulate General of Italy in Ho Chi Minh city. Madam Trang Le is not only a successful businesswoman, but also portrays a very sophisticated personality with lifestyle. We completely believe in this choice,” said the Chairman of the Italian Chamber of Commerce in Vietnam. Before that, Ms. Trang Le had many years of cooperation with the Consul General of Italy in Ho Chi Minh City, implementing many fashion projects through the Vietnam International Fashion Week program to bring the quintessence of Italian fashion closer to the Vietnamese public. At the same time, these programs help tighten the relationship between the two countries in this field. “I hope my love and culinary knowledge will help me better promote Italian cuisine to Vietnamese people in the near future. For me, Italy is not only the cradle of human culture and civilization, but also a country of countless delicate beauties, from fashion, architecture, especially cuisine…” - Madam Trang Le shared emotionally. PAGE 4 - NEWS
countries and territories. The Organizer ho continue to receive enthusiastic support fro
Organized in April, the Qualifying Round su knowledge of Italian culture and cuisine as However, the “Vào Bếp Kiểu Ý’’ Cooking Con pandemic situation in Vietnam. As a result, the contest in August and convert the con contestants will learn about the recipes a Judge Chef, do personal research and finally video and images to the Organizers for eval In the Semi-Final featuring the theme “Pasta”, the contestants were guided remotely by Chef Nico via recorded videos and online meetings. To compete, the contestants used the ingredients provided by the Organizers to cook a previously assigned pasta dish. They were requested to record the cooking process, take pictures of the product and send the materials to the Organizer.
BEP KIEU Y” COOKING CONTEST UE ITALIAN TASTE PROJECT
Vào Bếp Kiểu Ý” Cooking Contest (Italian Cuisine ntest was part of the True Italian Taste Project, rce in Vietnam (ICHAM) in collaboration with the
The Board of Judges of the contest include ICHAM Chairman Mr. Michele D’Ercole, Mr. Antonio Alessandro - Ambassador of Italy in Vietnam, Madam Trang Le - Brand Ambassador of True Italian Taste Project in Vietnam and Italian Chef Nico Ceccomoro from Cugini Ristorante.
According to Mr. Michele D’Ercole - President of ICHAM, in 2021, the True Italian Taste project will be implemented simultaneously in 36 opes that in the coming years, the contest will om contestants and spectators.
uccessfully selected 20 candidates with passion, s well as cooking skills to enter the Semi-Final. ntest was postponed due to the fourth wave of , the Organizing Committee decided to resume ntest format into Online Mode – where Top 20 and cooking techniques via video call with the y, cook, video capture the process and send the luation.
In the Final Round, the contestants prepared two dishes (including a pasta dish and a main course) in a standard Italian set menu of the Campania region, Southern Italy, combined with olive oil and wine. This part of the contest was also recorded by the contestants in video of the process, taking photos of the product and sending it to the organizers. The winners of the “Vào Bếp Kiểu Ý” Contest are listed as follows: FIRST PRIZE: Ms. Nguyễn Trà Giang SECOND PRIZE: Mrs. Phạm Bích Ngọc THIRD PRIZE: Ms. Lương Thị Hồng Loan and Mr. Lỗ Võ Bảo Lâm FORTH PRIZE: Ms. Lỗ Võ Bảo Anh and Mrs. Đặng Nguyên Nhung Receiving the first prize of the contest, Ms. Nguyễn Trà Giang demonstrated fantastic interpretation of the traditional Italian recipes, showcased on-point techniques and dedication to the preparation of the assigned dishes. It was these factors that greatly impressed the Board of Judges and granted her the highest score among 6 finalists.
NEWS - PAGE 5
WEBINAR “GREEN GROWTH AND SUSTAINABLE DEVELOPMENT” With Vietnam’s increasing focus on environmental-friendly practice, D’Andrea & Partners Legal Counsel invited esteemed speakers to join the webinar “Green Growth and Sustainable Development” to discuss the trends shaping Vietnam’s Green Economy. Organized on Thursday, August 6th, this insightful webinar was opened with remarks from ICHAM Chairman – Mr. Michele D’Ercole and joined by Mr. Frank Pogade from EuroCham Vietnam, Mr. Federico Bestiani from BEC Bestiani Engineering Company, Mr. Antonio Baiano from Italian Chamber of Commerce Southeast Asia, and Mr. Filippo Scaglia, Legal Advisor of D’Andrea & Partners Legal Counsel.
Sector”. In giving the general context of water supply business and wastewater business in Vietnam, Mr. Frank pointed out possible business opportunities and noted that there were lots of Italian companies providing technology to Vietnam. To do business in this sector in Vietnam, it is recommended to note that:
• The price is always the deciding factor, #1 criteria.
T
o open the topic, Mr. Michele D’Ercole talked through the green growth situation and trends, sustainable development measures and policies adopted by the European countries. Europe has accepted this challenge by mobilizing significant assets around the themes of cohesion, green transition, digital economy, innovation, by committing to the goal of reducing Co2 emissions to zero by 2050. In this aspect, Italy is equally active on the international market and Made-inItaly products are getting greener. There are more than 400,000 companies in industrial services that invest in green technology products between 2015 and 2019. According to the University of Oxford, Italy ranks second in the world for green complexity index behind Germany and followed by USA, Austria, Denmark and China.
• The “usual” international price should only be charged if there is no local/regional competition.
• In Vietnam, foreign companies can no longer profit from standard water management solutions. Specialization is required.
Focus on “new” topics: Water 4.0, Sponge city, rainwater management, groundwater remediation, flood protection, etc.
The following topic “Solar Power Integration for Factories” was presented by Mr. Federico Bestiani, Director of BEC Bestiani Engineering Company, a member of ICHAM. After briefing on how the solar integration works for factories, Mr. Bestiani pointed out its advantages including direct profits (deduction in electricity cost) and indirect profits (lower roof temperature - better work condition; sustainable supply chain). Companies also have to note and consider as investing into solar power can: consume large investment (time and money), different field as company core business, require technical expertise, difficult to estimate O&M costs, capital immobilized, involve selling electricity: new business line. One of the popular ways to integrate and use solar power in factories is to use the Power Purchase Agreement - PPA between factory and After Mr. Michele’s speech, Mr. Frank Pogade solar power company. from the Green Growth Sector Committee of EuroCham Vietnam delivered insights on the topic More topics and discussion involving green growth “Opportunities in Vietnam’s Water & Sanitation and sustainable development can be found in this webinar’s record. PAGE 6 - NEWS
WEBINAR “EXPATS IN VIET NAM - THE REQUIRED COMPLIANCE PROCEDURES & NEW REGULATIONS SINCE 2021” On 05/08/2021 ICHAM presented the webinar “Expats in Vietnam - The required compliance procedures & New regulations since 2021” together with VIVA Business Consulting. The digital seminar will deal with procedures and regulations for foreign residents in Vietnam until 2021. Given the evolution of the Covid-19 pandemic in the country and the consequent bureaucratic changes regarding visas, work permits, etc., the topic presented is extremely topical and highly supportive of the foreign business community in Vietnam.
With the introduction of Decree 152/2020/ND-CP, Vietnam is set to implement stricter conditions for work permits in Vietnam and adds paperwork requirements as an effort to pay considerably closer attention to the hiring and management of foreign employees. Since the decree took effect on February 15, 2021, the government has been accelerating its implementation in an effort to prevent illegal foreign migrant workers. The event was attended by: Sir Hoang Hai Pham - Executive Director of ICHAM, Mr. Thanh Trung Ta, (Tim) - Business Development Manager of VIVA Business Consulting and Mr. Phong Tuan Vuong (Paul) - Legal Specialist of VIVA Business Consulting. Full record of the webinar can be found in this link.
NEWS - PAGE 7
Webinar “The Hiring Challenge in Vietnam: How to Grow Human Capital in the Pandemic” On 08/20/2021 ICHAM, together with VinAxia, organized a webinar on hiring challenges in the world of the pandemic. After 2 years from its first appearance, the COVID-19 situation has enormously disrupted the chain of activities of all organizations. As a result, human resource management (HRM) managers and professionals faced the complex new environment by striving to find ingenious solutions to ensure the continuity of their businesses and help their employees cope with the crisis.
The webinar focused on five main aspects: - The Vietnam hiring challenge - Physical presence and productivity VS. Physical presence and competitiveness - The motivation trap: Vietnam without Covid VS. Vietnam with Covid - Leadership in Vietnam and the impact of the pandemic - Solving the hiring challenge: tips and cases The webinar’s recording is available in this link.
ICHAM Members Sponsor Medical Devices to Frontline Hospitals - Breathe Again Campaign
W
ith cases continuing to rise and healthcare professionals working around the clock to treat patients, EuroCham is encouraging its members to donate to the Breathe Again Campaign which will be used to procure much-needed medical equipment for Vietnam’s hard-pressed hospitals.
PAGE 8 - NEWS
Answering their call, ICHAM Members have joined hands and contributed to the fund and on September 14th, 2021, the following 4 new pieces of medical equipment have been delivered and handed to Thu Duc Hospital: • 01 Hemodialysis machine – Nipro – Model: Diamax • 01 Patient Monitor 5 parameters Draegerwerk – Model: Vista 120S
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• 02 Syringe Pump – Andromeda – Model: SY5000
These essential equipments were successfully delivered thanks to the generous donations from our Italian partners to the Breathe Again Campaign:
• Corporates: Bonfiglioli, Datalogic, Edson International, Givi Vietnam, Hung Yen Knitting
Webinar “Exploring Vietnam’s Medical device industry: Opportunities for European Businesses” On September 8th, 2021, ICHAM had the pleasure to organize the webinar on Vietnam’s Medical Devices Industry with the help of our speaker – Mr. Filippo Bortoletti, Senior Manager of Business Advisory for Dezan Shira & Associates. Moderated by Sir Hoang Hai Pham, Executive Director of ICHAM, the webinar received huge attention, great number of registration and active live discussion with over 150 representatives in this field. The webinar focused on the following specific points:
• Overview of the medical equipment sector in Vietnam • Opportunities and challenges for European entrepreneurs • Advantages of EVFTA for the medical sector • Vietnamese market entry options for foreign entrepreneurs In case you miss the chance to join our webinar, kindly check the recording in this link to follow the discussion.t
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and Dyeing Co., Ltd., Piaggio, Segis Vietnam, and Temix Communications. • Individuals: Michele D’Ercole , An Thi Hong Nhung, John Bruce Wells, and Ambassador of Italy – Antonio Alessandro and Tomaso Andreatta. Join ICHAM and EuroCham to support the hospitals!
NEWS - PAGE 9
Webinar “Tax and Transfer Pricing Regulations in Vietnam - Business Impacts in a New Normal” On September 16th, 2021 ICHAM organized the webinar “Tax and Transfer Pricing Regulations in Vietnam - Business Impacts in a New Normal” in collaboration with Grant Thornton Vietnam. The 2020-2021 period marks an important moment in Vietnam’s regulatory environment alongside challenging external factors such as the pandemic. Many new regulations have been enacted or entered into force with new guiding rules, such as the new labor code, the tax administration law and the investment / business law, etc. tax authorities to the most potential tax issues, including transfer pricing. In addressing all these changes, ICHAM and Grant Thornton Vietnam talked about tax issues during the COVID period and transfer pricing. The full recording of the webinar is available in this link
Italy support Vietnam through Covid vaccine donation [Excerpt from VnExpress] Italy would donate over 1.2 million more Covid-19 vaccine doses to Vietnam, the European Union delegation in Vietnam announced on Tuesday, September 28th, 2021. “The government of Italy has decided to donate an additional amount of 1,225,440 vaccine doses for Vietnam, making its total aid number more than 2.8 million doses,” the European Union in Vietnam’s Facebook page stated. On Sept. 21, Italy said it would provide Vietnam 796,000 AstraZeneca Covid-19 vaccine doses through global vaccine access mechanism Covax. On Sept. 14, Vietnam received 812,060 Covid-19 vaccine doses from Italy too PAGE 10 - NEWS
UPCOMING EVENTS
Eurasian Enterprise’ Meeting in Vietnam October 28th
Meet Europe & EuroCham Whitebook 2021 November 25th
Italian Cuisine Week December, 2021
NEWS - PAGE 11
DISCOUNT PARTNER Let’s POKE – Healthy Hawaiian Sashimi & Salads - Discount 10% on bill for ICHAM members - Application conditions: Valid till 31st December 2021 Contact: Let’s POKE Branch 1: No. 19, 49B Street, Thao Dien Ward District 2 – HCMC Branch 2: No. 28, 2fl, 26 Ly Tu Trong Street, Ben Nhe Ward, District 1 HCMC Website: http://www.letspoke.vn Tel: 028 36369499 PARKROYAL SAIGON - 10% on food & Beverage at Garden Brasserie, Lobby Lounge & Lotus Bar - 10% on best available rate (not applicable to other promotions and packages) Application conditions: - Discount is valid until 31st December 2021. - To get the discount please provide your ICHAM membership number to us upon reservation and show your card to our staff on the day of using our services. - Discount is non valid during Festive Season and Special Promotions. Contact: Parkroyal Saigon Address: 309B-311 Nguyen Van Troi Street, Tan Binh District, Ho Chi Minh City, Vietnam Telephone+84 28 3842 1111 Fax+84 28 3842 4365 Website: https://www.panpacific.com/en/hotels-and-resorts/ pr-saigon.html BHAYA CRUISES - Discount 20% off public flexible rate for all available cruise departures (1 night or 2 night cruise). - Applicable on cabin’s rate of cruise-only packages for Bhaya Classic, Bhaya Premium and The Au Co Luxury Cruise. - Non-applicable for packages with combined services (hotel, seaplane,…) and cannot be used in conjunction with any other promotion. - Note your membership code when sending cruise reservation request to receive discount. - Discount is applicable for published rate on English version of website only: bhayacruises.com and aucocruises.com - Discount Validity: Until December 31st, 2021 PAGE 12 - DISCOUNT PARTNER
D’AQUA HOTEL NHA TRANG - Discount 55% on pubblic accomodation rate - Discount 10% on F&B service Discount validity: 31/12/2021 Contact: D’Qua Hotel Nha Trang Address: 29 phan Chu Trinh street, Van Thanh Ward, Nha Trang City, Khanh Hoa Province Tel: +84 258 383 7777 SIR TAILOR - Free 1 bespoke shirt for every suit made
HERA JEWELRY & DIAMONDS - 10% on all jewelry, except loose certified diamonds - 15-30% on selected diamond and gemstone jewelry - 50% repair services - Complimentary jewelry cleaning - Free Birthday Gift with purchase Conditions: - Please kindly book for appointment via Website and mention ICHAM - Not combines with other promotions Contact: Hera Jewelry & Diamonds Address: 21 Thu Khoa Huan St., Dist 1, HCMC Telephone: 028 3824 8398 Website: herajewelry.com.vn MR. JEFF DE THAM - 10% off all services except for dry cleaning - Only applicable at Mr Jeff De Tham (not other Mr Jeff’s) - Membership card is required to use the promotion rate. Discount Validity: Oct 22nd, 2021 - Dec 31st, 2022 Contact Info: WASHINGTON VIETNAM CO., LTD (Mr Jeff De Tham) Address: 149 De Tham, Co Giang, District 1, HCMC Cel: 0982 829149 Website: g.page/mrjeff-detham
DISCOUNT PARTNER - PAGE 13
VIETNAM STAY - Discount 10% for ICHAM staff and members when booking package tours, private tours, join tours Terms & Conditions: Validity from now to 31/12/2021 - Minimum 4 guests per confirmed tour (applied to join tour and package tour) - The Price is calculated according to Vietnamese speaking guide. Additional surcharges apply to foreign language guides (English, French, Italian, Spanish, and Portuguese …) - Not applicable in conjunction with other promotions - Not applicable for peak seasons, festivals (February 10th – February 16th; April 30th – May 2nd; September 1st – September 3rd, December 24th – December 31st, 2021) Contact: Vietnam Stay Address: 4th Floor, 141 Le Duan Street, Hoan Kien District, Hanoi Tel: +84 437472597 Fax: +84 2437473482 Mobile: +84 835522595 Website: www.vietnamstay.vn Email: booking@vietnamstay.vn / yen@auroratravel.asia
NAM NGHI CORAL PENINSULA PHU QUOC - Discount 15% on Best Available Rate for accommodation. - Discount 30% on The Anmai Spa services menu. - Discount 15% on Food and Beverage at Ocean Reflection Restaurant, Tree House Restaurant, Pool Bar, Rock Island Club. Terms & Conditions: Valid until December 31st, 2021 - Applied for all days - The promotion will not be combined with other promotions. - Applied for holidays, Tet - Show member card/app at counter upon arrival. Contact: Nam Nghi Peninsula Phu Quoc Address: Hamlet 4, Cua Can Commune, Phu Quoc, Kien Giang, Vietnam Tel: +84 297 389 1234 Fax: +84 297 389 1235 Facebook: https://www.facebook.com/namnghiresort Twitter: https://twitter.com/namnghiresort Linkedin: https://www.linkedin.com/company/namnghiresort/ mycompany/
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GREEN BEACH HOTEL - 30% Discount on published rate (applicable for all room types) - Free airport pick up/drop off (01 way). Applicable for booking from 5 rooms or more. - Free upgrade to next room type. - Free Early check in after 8:00 - Free Late Checkout until 14:00 Discount Validity: From 1/4/2021 – 31/12/2021 Surcharge for peak season: See ICHAM “Discount Partner” for more details Contact: Green Beach Hotel Address: 1/32 Tran Quang Khai street , Loc Tho Ward , Nha Trang City , Khanh Hoa Province , Viet Nam Tel: 0258.223.6666 Email: dosm@greenbeachhotel.com Website: www.greenbeachhotel.com Sales Office Tel: +84 258.223.6666 H.P: +84 983.870.899 VIETNAM LANGUAGE GARDEN Discount 10% applied for the following packages: - 20 Hours Package, 6,600,000 VND => 5,940,000 VND - 40 Hours Package,12,000,000 VND => 10,800,000 VND - 80 Hours Package, 21,600,000 VND => 19,440,000 VND - 160 Hours Package, 40,000,000 VND => 36,000,000 VND Contact Person: Ms. Thao Nguyen Address: 220/15 Phan Van Han St., Ward 17, Binh Thanh Dist, HCMC, Vietnam Email: contactus@vietnameselanguagegarden.vn Tel: +84 916 670 771 Website: https://vietnameselanguagegarden.vn/ SUNSET BEACH RESORT & SPA - Discount 10% on current promotions. Promotions will be updated when have change. - Discount 20% on Sunset Beach’s website and/or fanpage price when there is no other promotion program(s) applied at the time of booking. Kindly access ICHAM website to find more details. Discount Validity: From April 1st, 2021 to April 1st, 2022 Contact: Sunset Beach Resort & Spa Address: 100C/2 Tran Hung Dao Str, Duong Dong, Phu Quoc, Kien Giang. Email: mkt1@sunset.vn Tel: +84 2973 567 888 Website: http://sunsetbeach.vn DISCOUNT PARTNER - PAGE 15
PIZZA LOGIC RESTAURNT - 10% Discount on total bill when dining at Pizza Logic Restaurant Discount Validity: 05/20/2021-05/19/2022 Contact: Oizumi Food Vietnam Co., Ltd (Pizza Logic Restaurant) Address: 44 Le Loi street, District 1, HCMC Cel: 0902880822 Website: www.pizzalogic-hcm.com BENARAS CLUB - 10% discounts on total bill for Members and Staff of ICHAM - 15% beverage + alcohol discount on tables over 20 pax for over 20 people - 15% discount on 5th visit - 25% voucher monthly selected by lucky draw for any business card dropped in fish bowl Discount Validity: Till 31/12/2024 Contact Info: Benaras Club Address: Benaras in District 1: 5A Nguyen Sieu, Ben Nghe, Dist.1, HCMC Benaras Gardenia: 28 Tran Ngoc Dien, Thao Dien, Dist.2, HCMC Benaras in Vung Tau: 15 Thi Sach, Thang Tam Ward, Vung Tau Tel: +84 983433340 Website: http://benaras.club ROBATA AN RESTAURANT - 10% on the total bill for ICHAM membership card holders - Non applicable for delivery orders Discount Validity: From October 21st, 2021 Contact Info: Branch of Oizumi Foods Vietnam (Robata An Restaurant 1) Address: 15C Le Thanh Ton, Ben Nghe ward, Dist.1, HCMC Tel: 0906373203 Website: https://robata-an.com/en/ WINK HOTEL SAIGON CENTER - 10% discount on the best available room and F&B rate on website - Membership card is required to use the promotion rate. Discount Validity: Until 12/31/2022 Contact Info: Wink Hotel Saigon Centre Address: 75 Nguyen Binh Khiem street, , Da Kao ward, District 1, Ho Chi Minh City Cel: (+84) 283 826 999 Website: http://www.wink-hotels.com/ PAGE 16 - DISCOUNT PARTNER
The Italian Chamber of Commerce in Vietnam Hanoi: Casa Italia, 18 Le Phung Hieu, Hoan Kiem HCM: 5th Floor, the Deutsches Haus, 33 Le Duan Blvd, District 1, Ho Chi Minh-City Vietnam Tel: +84 24 3824 5997 +84 28 3822 4059 Email: info@icham.org Web: www.icham.org Facebook: www.facebook.com/ichamvn Instagram: www.instagram.com/icham_vietnam Linkedln: vn.linkedin.com/in/ichamvietnam Youtube: ICHAM Conneted
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ICHAM’S MEMBERS