Netherlands-Vietnam Chamber of Commerce (NVCC)

Webinar: Global Impact of The Dutch Elections

Elections will be held in the Netherlands from 15-17 March. The Netherlands is a country with a strong focus on export. The outcome of the upcoming Dutch elections (15-17 March) will significantly impact international business activities. This is why the Netherlands Vietnam Chamber of Commerce is delighted to support the webinar: Global Impact of The Dutch Elections on March 30th from 14:00-15:00.

Join us for a keynote speech of Ingrid Thijssen, president of VNO-NCW, who will reflect on the elections’ results and its impact on doing business internationally. The speech will be followed by a panel discussion with experts such as Cees Westera, Managing Partner at Public Matters, Rem Korteweg, Senior Research Fellow at the Clingendael Institute, Frank Heemskerk, Secretary General ERT and moderator Stefan Wijers, and many others who will shine their lights on the election outcome from different perspectives.

Organising Partners

This event is an initiative of the International Chambers in the Netherlands, NLinBusiness and the NL Business Hub network. Together they represent over 40 organisations active in the Dutch Bilateral Trade in the Netherlands and abroad.

British Netherlands Chamber of Commerce
CCI France Pays-Bas
Chamber of Commerce NL – Turkey foundation
Danish Dutch Chamber of Commerce
Duits-Nederlandse Handelskamer
Finnish Dutch Chamber of Commerce
Ireland Netherlands Business Association
Italian Chamber of Commerce for NL
Netherlands Canada Chamber of Commerce
Netherlands China Business Council
Netherlands Hong Kong Business Association
Netherlands India Chamber of Commerce & Trade
Netherlands-Vietnam Chamber of Commerce
Norwegian Dutch Chamber of Commerce
Polish Chamber of Commerce in NL
Southern African NL Chamber of Com.
Swedish Chamber of Commerce in NL

Benelux Chamber of Commerce in China | East China | Shanghai
Benelux Chamber of Commerce | South China | Pearl River Delta
Dutch Brazilian Chamber of Commerce
Dutch Business Association Turkey
Dutch Business Association Vietnam
Dutch Business Network Indonesia
Dutch Chamber of Commerce in Hong Kong
Dutch Chamber of Commerce in the Philippines
Dutch Chamber of Commerce Singapore
Dutch Portuguese Chamber of Commerce
Holland House Chili
Holland House Colombia
Holland House Mexico
Malaysian Dutch Business Council
Nederlandse Kamer van Koophandel voor België en Luxemburg
Netherlands Business Council France
Netherlands Polish Chamber of Commerce
Netherlands Romanian Chamber of Commerce
Netherlands Thai Chamber of Commerce
NL Business Hub Munich
The Netherlands British Chamber of Commerce
The Netherlands Business Council UAE
The Netherlands Chamber of Commerce in Japan
NLinBusiness

A link to register for the webinar will be mailed to you shortly
Watch the webinar here on 30 March (stream only)

Vietnam launches first-ever free trade agreement portal

Launch of the Free Trade agreement Portal

Source: Vietnam+

The Vietnamese Ministry of Industry and Trade (MoIT) on December 23 held a ceremony in Hanoi to launch the Vietnam Free Trade Agreement Portal (FTAP), at www.fta.moit.gov.vn, to help the domestic business community make the most of the opportunities brought about by trade deals to which Vietnam is party.

The launch was attended by Deputy Prime Minister and Foreign Minister Pham Binh Minh, World Bank Country Director for Vietnam Carolyn Turk, and Ambassador of Australia to Vietnam Robyn Mudie.

The portal, the first of its kind in Vietnam, has been developed by the MoIT and the World Bank, with support from the Government of Australia, since February 2019.

It provides a smart online look-up tool for enterprises and others who wish to explore various FTA commitments regarding import duties, rules of origin, and services and investment. It also offers information and knowledge essential to foreign traders, such as market updates and local regulations on imports and exports as well as sustainable development.

Addressing the event, Minister of Industry and Trade Tran Tuan Anh said the introduction of the FTAD demonstrates the Government’s determination to make the contents of FTAs, especially new-generation agreements, more widely known among the business community and society.

The MoIT will continue to coordinate with relevant agencies and organisations to update and improve the portal and ensure its security, Anh said.

Vietnam has signed a total of 14 bilateral and regional FTAs, 13 of which have entered into force, including the new-generation Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA). The country has also concluded talks over another FTA while negotiations on two others are underway.

Meet the Consul General

Save the date of 11 March 2021, 09:00 – 10:00 hrs for an free online meeting with Mr. Carel Richter, Consul General of the Kingdom of the Netherlands in Ho Chi Minh City, Vietnam.

During this webinar, Mr Richter will inform the members and guests of the NVCC about the current status regarding Covid-19 in HCMC, and how it affects international business in the city.

Other topics include:

  • How is the Dutch business community in the city doing (challenges, prospects)?
  • What are interesting opportunities, sectors for Dutch entrepreneurs in HCMC?
  • Looking back at almost 4 years as Consul-General in HCMC, what are key “takeaways” for Dutch entrepreneurs. Including highlights and maybe some advice?

The Meeting will be moderated by NVCC Board Member Mr Marc van der Linden, who himself served as a diplomat in Vietnam.

Please register via the link or QR Code below.

We look forward to welcoming you in the webinar on 11th March .

Best regards,
Joost Vrancken Peeters
Chairman NVCC


Webinar: Meet the Dutch Ambassador in Vietnam

Thursday 4th February 09:00 – 10:00 hrs

Ms Elsbeth Akkerman during the Vietnamese New Year Reception of the NVCC in 2020

The Netherlands Vietnam Chamber of Commerce invites its members to attend a webinar with H.E. Elsbeth Akkerman, Ambassador Extraordinary and Plenipotentiairy of the Kingdom of the Netherlands to the Socialist Republic of Vietnam and Mr Christoph Prommersberger, Deputy Head Of Mission at the Embassy on Thursday 4th February from 09:00 – 10:00 hrs. 

During the webinar, Ms Akkerman will update you about the developments in Vietnam, with special attention for the Covid-19 epidemic and the results of the 13th Party Congress. She has agreed to answer your questions. 

Mr Prommersberger will focus on, among other things, the ever expanding economic relations between the Netherlands and Vietnam and his expectations for 2021. He too is prepared to answer questions.

Please register via the link or QR Code below. We look forward to welcoming you in the webinar on 4th February .

PM Phuc: Viet Nam attaches importance to multifaceted cooperation with the Netherlands

Source: VGP

08:52 | 01/12/2020

Prime Minister Nguyen Xuan Phuc has affirmed that Viet Nam always attaches importance to strengthening its friendly relations and multifaceted cooperation with the Netherlands, during his phone talks with his Dutch counterpart Mark Rutte on November 30.

 Prime Minister Nguyen Xuan Phuc holds phone talks with his Dutch counterpart Mark Rutte on November 30 – Photo: VGP

He called for the Netherlands’ continued support in the implementation of the agricultural transition plan in the Mekong Delta during 2020-2023 and relevant cooperation programs in the region.

The Netherlands is one of Viet Nam’s leading partners in the areas of climate change adaptation and sustainable agricultural development, said PM Phuc.

The Vietnamese Government chief expressed his appreciation for the Dutch Government’s provision of an aid package worth €2 million for flood victims in central Viet Nam, asserting that the two countries would continue to work closely and effectively carry out cooperation programs within the framework of their strategic partnership in climate change adaption, water management, and natural disaster risk mitigation.

On the occasion, PM Phuc briefed his Dutch counterpart on the outcomes of the 37th ASEAN Summit and related summits.

He welcomed the Netherlands’ proposal to join the Treaty of Amity and Cooperation in Southeast Asia (TAC), regarding it as an important basis for further enhancement of the ASEAN-Netherlands and ASEAN-EU collaboration.

In response, PM Mark Rutte applauded Viet Nam’s Covid-19 containment measures and efforts.

The two PM showed their delights at the robust growth of the Viet Nam-Netherlands comprehensive partnership, which was established during PM Rutte’s visit to Viet Nam in 2019. Notably, despite suffering the impact of the Covid-19 pandemic, two-way trade has reported a year-on-year increase of 2% to US$6.2 billion.

They expressed satisfaction with the development of the comprehensive partnership across multiple fields such as politics-diplomacy, economy, and collaboration in agriculture and climate change adaptation.

The two hoped that the EU-Viet Nam Free Trade Agreement (EVFTA) which came into force in August this year, would serve as the driving force and offer plenty of opportunities for expanding cooperation between Vietnamese and Dutch enterprises.

PM Phuc expressed his wish to soon welcome PM Mark Rutte to visit Viet Nam again in the near future./.

By Vien Nhu

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Japanese M&A set for post-pandemic surge in Vietnam

Source: VNE


Greater recognition of Vietnam’s potentials could see a surge in post-pandemic mergers and acquisitions (M&A) by Japanese firms.

Globally, the country ranked fifth in the number of M&A deals involving Japanese companies (21) in the first 10 months this year, Masataka Sam Yoshida, senior managing director of Japan’s M&A consulting firm RECOF Corporation, said at a forum recently.

The figure puts Vietnam second in Southeast Asia behind Singapore, he said, adding that in terms of growth rate in the number of Japanese deals in recent years, Vietnam could compete with the U.K.

While the 21 deals represent a 25 percent fall year-on-year due to Covid-19 impacts, the drop is still lower than the global reduction of 33 percent in M&A deals involving Japanese companies, he said.

“Japanese investors have shown great interest in Vietnam even during the pandemic. The slowdown in investment is only temporary and the M&A scene will be vibrant again once travel restrictions are lifted,” Yoshida said.

In Southeast Asia, Thailand has around 5,500 Japanese companies, while Vietnam has 2,000, showing that it is somewhat late to invest in the former while there is still room for new players in the latter, he added.

Most sectors in Japan have seen development reaching its full potential, and this is why investors are looking for other growing markets, he said.

An abundant capital accumulation of over $2.34 trillion by Japanese companies in the last 20 years is encouraging investors to conduct M&A deals globally. The number of such deals hit a record high of over 4,000 last year, Yoshida said.

Last year, the number of deals involving Japanese companies in Vietnam was 33 with a total value of $389 million, with the latter figure up 2.8 times from 2017.

According to an official list released by the Japan External Trade Organization (Jetro) in July, 15 out of 30 Japanese firms the Japanese government has helped move out of China to Southeast Asia have opted for Vietnam.

Jetro said the subsidies would range from $900,000 to $46.5 million and partly cover the moving expenses.

A survey of 631 Japanese companies in June showed 80 percent expressed hope that the Vietnamese government would soon resume flights between the two countries, and 90 percent wanted the government to lift travel restrictions as soon as possible.

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Meet the Ambassador

Member’s Only Webinar on 11 December, 09:30 – 10:30 hrs

The Netherlands Vietnam Chamber of Commerce invites its for members to attend a webinar with H.E. Pham Viet Anh, Ambassador Extraordinary and Plenipotentiairy of the Socialist Republic of Vietnam to the Kingdom of the Netherlands on Friday 11 December from 09:30 – 10:30 hrs. 

During the webinar, Mr Pham Viet Anh will give a speech on the relations between Vietnam and the Netherlands and he has agreed to answer questions from the participants. 

Please register via the link below. We look forward to welcoming you in the webinar on 11 December.

The Netherlands Vietnam Chamber of Commerce invites its for members to attend a webinar with H.E. Pham Viet Anh, Ambassador Extraordinary and Plenipotentiairy of the Socialist Republic of Vietnam to the Kingdom of the Netherlands on Friday 11 December from 09:30 – 10:30 hrs. 

During the webinar, Mr Pham Viet Anh will give a speech on the relations between Vietnam and the Netherlands and he has agreed to answer questions from the participants. 

Please register via the QR code below. We look forward to welcoming you in the webinar on 11 December.

QR Code for JotForm form

Or click here for the registration form.

Vietnam’s economy weathers the COVID-19 storm — good policy or luck?

Source: Suiwah Leung, ANU , East Asia Forum, 6 October 2020

Vietnam’s economy and people are often described as ‘resilient’. Nowhere is this more befitting than in relation to the COVID-19 pandemic. After successfully tackling COVID-19, Vietnam still recorded 1.8 per cent GDP growth during the first half of 2020 despite negative growth in most parts of the world.

According to the World Bank’s July 2020 Taking Stock report, Vietnam’s recent economic performance is a result of its twin engines of growth — export demand and domestic consumption — firing sequentially during the first two quarters of 2020.

To read the full article, click here.

Vietnam continues its miracle through higher education

Source: James Borton, Modern Diplomacy, 13 October 2020

Vietnam’s declaration to open up,in mid-June 2020 was hailed around the world as a model in the fight against the Covid 19 pandemic. For Mali student, Aolama Mallé and his classmates, the announcement was more than good. They are students of the International Francophone Institute (IFI), a member of Vietnam National University, the largest higher education system in the country. As universities re-opened, they could now return to the traditional face-to-face classroom learning with professors and friends since all were weary from boring e-learning and the draconian pandemic control measures imposed by the government.

to read the full article, click here