April 24, 2023

EuroCham in the News

EuroCham in the News: April 17th April 23rd 2023

 

[VN Express] Pay cuts, layoffs continue as businesses wait on economic recovery.

 

On April 21st, VN express published an article titled “Pay cuts, layoffs continue as businesses wait on economic recovery“. In it, the media describes how businesses are facing a hard time: “Revenues so far this year are more tha 50% down from a year earlier“.

The article also cited the Business Climate Index report for Q1 published recently by EuroCham:

The Business Climate Index report for Q1 by the European Chamber of Commerce in Vietnam (EuroCham) and market research firm Decision Lab do not expect investment or hiring to increase in the second quarter even when businesses’ revenues recover.

 

In order to access the full article (in English), click here.

 

[VN Express] PM pledges support if global minimum tax applied.

 

The following day, VN Express published another article titled “PM pledges support if global minimum tax applied“. In this article, VN Express discusses the Global minimum tax that was agreed upon by G7 member states in 2021.

 

Vietnam analysts worry the additional taxation would deter in foreign direct investors here, many of whom are attracted to Vietnam’s preferential tax policies.

The government would however help companies and investors with land access, costs for scientific research, human ressource training and infrastructure if the tax is applied.

 

In the article the media cited EuroCham at multiple occasions:

Gabor Fluit, chairman of EuroCham, said Vietnam needs bold decisions, innovations and breakthroughs to maintain its growth momentum. “The government should provide support policies that are appropriate and competitive to attract investment,” he said.”

Fluit said clean energy is a catalyst for investment and economic growth, and that European businesses depend a lot on renewable energy. Mechanisms for direct power purchases would allow renewable energy producers, especially factories in industrial complexes, to participate in such mechanisms, he added.”

 

To read the full article (in English), click here.

 

Pictured above: Prime Minister Pham Minh Chinh meets with foreign investors on April 22nd 2023.

 

 

[VTV1] Appearance of EuroCham Chairman Gabor Fluit during Prime Minister’s FDI conference

 

On April 22EuroCham Chairman Gabor Fluit appeared on VTV1 during a segment about the Prime Minister’s FDI conference that was hosted on the same day.

 

During his appearance, part of his speech was played. In it, he emphasized the importance of Vietnam taking bold and decisive steps towards breakthrough reforms in order to sustain growth. He stated that despite being recognized as a rising star in the field of business and investment, there is no room for complacency.

 

If you would like to watch his appearance, please click here and skip to 1 minute and 5 seconds.

 

Pictured above: Chairman Gabor Fluit addressing the audience.

 

 

[VTV1] Appearance of EuroCham Vice- Chairman Torben Minko on current affairs program to talk about Prime Minister’s FDI conference.

 

EuroCham Vice-Chairman Torben Minko was featured on VTV1’s current affairs program at 7pm on April 23. There, he spoke from the Prime Minister’s FDI conference held on April 22 and shared his insights on European business stakeholder confidence.

 

Be sure to click here to watch the full interview and skip to 21 minutes and 31 seconds to hear our Vice-Chairman’s thoughts on Vietnam’s investment potential.

 

Pictured above: EuroCham Vice-Chairman Torben Minko on VTV1 the 23rd of April 2023.

More News

See all

April 19, 2024

[CORPORATE PARTNERS] BASF to showcase sustainable additive solutions at CHINAPLAS 2024

Read more

April 19, 2024

[Event recap] EuroCham’s Tourism & Hospitality Sector Committee’s “Travel Together” event emphasizes collaboration for a sustainable tourism future

Read more

April 19, 2024

EuroCham’s Construction Sector Committee and the Ministry of Construction’s International Cooperation Department forge stronger ties

Read more

April 19, 2024

EuroCham meets with the Electricity Regulatory Authority of Vietnam to discuss renewable energy policies

Read more

April 12, 2024

[Work @ EuroCham] GEFE PROJECT INTERN – based in Ho Chi Minh City

Read more

April 12, 2024

EuroCham Construction Sector Committee shares insights on sustainable urban development at CCIFV’s Build2Last conference

Read more

April 12, 2024

EuroCham advocates for Sustainable Agriculture at a meeting with Ministry of Agriculture and Rural Development (MARD)

Read more

April 12, 2024

EuroCham advocates for green transformation policy at Vietnam Connect Forum 2024

Read more

April 12, 2024

EuroCham delegation visits Cam Ranh, explores investment opportunities

Read more

April 12, 2024

CEEC and EuroCham forge business partnerships between Estonia and Vietnam

Read more

April 09, 2024

EuroCham Hosts First Meeting of Administrative Procedure Reform (ACAPR) Committee on Reform

Read more

April 07, 2024

Vietnam’s economic rise fuels European optimism, yet regulatory hurdles persist: EuroCham Vietnam’s Business Confidence Index

Read more

April 05, 2024

EuroCham Wine and Spirits Sector Committee Calls for Support of Extended Producer Responsibility at Vietnam Expo 2024’s Seminar

Read more

April 05, 2024

European Business Organization Worldwide Network (EBO WN) Convenes Regional Meeting, Hosts EU Ambassador and Minister Counsellor

Read more

April 04, 2024

[Supported News] BASF to showcase sustainable additive solutions at CHINAPLAS 2024

Read more

April 04, 2024

[Sector Committee Spotlight] Wine & Spirits Sector Committee

Read more

March 29, 2024

EuroCham’s Tourism & Hospitality Sector Committee contributes to a Meet the Experts conference

Read more

March 29, 2024

EuroCham joins Dong Nai dialogue with Foreign Investors

Read more

March 29, 2024

Unveiling EuroCham’s 2024 Board of Directors under the leadership of Chairman Dominik Meichle

Read more

March 29, 2024

Celebrating achievements and unveiling our 2024 roadmap at the EuroCham Annual General Meeting

Read more

March 29, 2024

EuroCham attends Vietnam Association of Foreign Invested Enterprises’ FDI report announcement ceremony

Read more

March 29, 2024

EuroCham shares insights on European digital market at ministry roundtable

Read more

March 29, 2024

[Supported News] CHINAPLAS 2024: BASF showcases consumer products made with bio-based materials, co-created with Huawei & Prohero

Read more

March 29, 2024

[Work @ EuroCham] Green Growth Sector Committee Intern – based in Ho Chi Minh City

Read more

March 25, 2024

[Event recap] Seminar “LeaderShift to Win”

Read more

March 22, 2024

[Event recap] Webinar Job Market in Vietnam 2024: navigating the 2024 Vietnamese job market – insights and expert perspectives

Read more

March 22, 2024

EuroCham keeps up the momentum at the 2024 Vietnam Business Forum

Read more

March 22, 2024

EuroCham voices member concerns at consultation meeting on electricity generation pricing

Read more

March 22, 2024

EuroCham participates in ACAPR training to enhance administrative efficiency

Read more

March 22, 2024

EuroCham Vietnam reflects on five years of Decree 15 implementation on food safety

Read more

Pour une expérience optimale, veuillez tenir votre mobile à la verticale !

Platinum Partners

Gold Premium Partners

Gold Partners

Silver Partners

Premium Service Partners