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Dates for Diaries: ACCA & Britcham Vietnam Webinar on optimising scenario analysis for a sustainable future: 30.06.22 1530-1700 (Viet)

Dear CBI Members and Partners,

Please find an event link below to CBI member ACCA and the British Chamber Vietnam looking at 'optimising scenario analysis for a sustainable future'.

Overview

Businesses, society and the planet depend on each other. The way organisations manage its key resources and relationships affect not just economies and societies but the lives and well-being of future generations. The science on climate change is clear – with compelling evidence and all too obvious signs. The likelihood, magnitude and timing of climate-related risks and opportunities affecting an entity are often complex and uncertain.

 

Users of general purpose financial reporting need to understand the resilience of business’s strategy (including its business model) to climate change, factoring in the associated uncertainties. Scenario analysis is becoming increasingly well established as a tool to help businesses and investors to understand the potential effects of climate change on business models, strategies, financial performance and financial position.

 

The Climate Exposure Draft, which was released by the International Sustainability Standards Board (ISSB) in late Mar 2022, proposes that a company uses climate-related scenario analysis to assess its climate resilience.

 

In this webinar, we are pleased to invite ACCA’s Global Forum for Governance, Risk and Performance: Satarla CEO and co-founder, Dr Sarah Gordon and Ms Jane Walde, FCCA, independent risk consultant for the Holistic Risk Practice, Satarla Associate to share how businesses can put uncertainty into context and be better prepared for emerging risks, including the physical, transition and business risks related to climate change. The presentations will be followed by a practical Q&A session moderated by Rachael Johnson, ACCA’s head of risk management and corporate governance, active member of Accountancy Europe (AcE) Corporate Governance Policy Group, and the Corporate Governance Committee of OECD Business and Industry Advisory Committee (BIAC). The webinar will allow you to explore how risk management, accountancy, and the latest developments in environmental, social and governance (ESG) can lead to a more robust and effective strategy for businesses - including practical way to develop climate-related scenario analysis. You will be able to take away how to gain a deeper understanding of the different manifestations of potential opportunities and threats that matter to your organisations most, so you can make better informed decisions and take proactive action.

 

Event details

- Date : Thursday, 30 June 2022

- Time : 3.30pm – 5.00pm (VN/KH/Laos/Thailand time)

- Language : English

- CPD unit : 1.5 (For ACCA Members)

- Registration Link: Invitation| Optimising Scenario analysis for a sustainable future| 3.30 -5pm - Thursday, 30 Jun 2022 (anpasia.com)

 

We look forward to your participation!

 

Kind regards,

BritCham Vietnam & ACCA ML SEA 

 

Webinar Link here

UK and Vietnam hold talks as trade increases by almost 11%

 

• UK and Vietnam hold their first Joint Economic and Trade Committee (JETCO) in three years
• UK and Vietnam look to strengthen trade partnership and reinforce net zero commitments.

• UK-Vietnam trade has grown by almost 11% in a year as the UK continues to deepen trade relationships in the Indo-Pacific region.
• Vietnam is a member of CPTPP – a free trade area with a GDP of £9 trillion which the UK is in the process of joining.

The UK and Vietnam held their first Joint Economic and Trade Committee (JETCO) in three years (25 May 2022) in a bid to increase cooperation across several sectors, including education, agriculture, technology, healthcare and renewable energy.

The Minister of State for Trade Policy, Penny Mordaunt, welcomed her Vietnamese counterpart, Mr Dang Hoang An, Vice Minister of Industry and Trade, to London for the talks.

Minister of State for Trade Policy Penny Mordaunt said:

“I am delighted to host Mr Dang Hoang An and his team in London. Vietnam is growing fast and is expected to become one of the world’s major economies by 2050. They are a vital CPTPP member, and an important trading partner for the UK that demonstrates our Indo-Pacific tilt in action.

Our talks today strengthen ties between our nations, including resolving market access barriers into each other’s economies and providing support to Vietnam so that they can reach their net-zero commitments.”

The UK will reinforce its commitment to helping Vietnam meet their net zero goals by sharing expertise in the renewable energy sector and hosting a Forum for UK and Vietnamese businesses. Minister Mordaunt will host a roundtable on renewable energy attended by experts, industry representatives and officials.

The UK and Vietnam share a longstanding trading relationship, with trade increasing between the two countries by almost 11% from 2020, when the UK-Vietnam Free Trade Agreement was signed, and 2021. This agreement eliminates 99% of all tariffs and helps forge a deeper relationship with a country who shares our belief in free trade.

Vietnam is a member of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) which the UK remains on track to join by the end of this year, moving into the final phase of negotiations at the beginning of 2022.

CPTPP is a free trade area made up of 11 countries with a joint GDP of £9 trillion.

Dates for Diaries: Webinar - Vietnam's top FDI Destinations Binh Duong and Dan Nang - 03 March 2022

 

As of December 2021, countrywide, Binh Duong was second to Ho Chi Minh City, while Da Nang topped the Central Vietnam, in terms of FDI attraction. Join us in the upcoming webinar Binh Duong, Da Nang: Vietnam's Top FDI Destinations, a part of BritCham Vietnam's Sector-focused Webinar Series, where we discuss dynamic, opportunities, and legal highlights to foreign investors in these two rising cities. 🔺Webinar Information: 📄Sector-focused Webinar: Vietnam's Top FDI Destinations - Binh Duong and Da Nang 📆Time: 16:00 - 17:00 VN (09:00 - 10:00 UK) Tuesday, March 01 2022 👉Registration link: https://lnkd.in/gJs-Tr3e 🤵🏼Our expert panelists include: 🔹Mr Vo Son Dien - Advisory & Marketing Director - Becamex IDC Corp.,  🔹Ms Huynh Lien Phuong - Director - Da Nang Investment Promotion Agency (IPA Da Nang) 🔹Mr Tom McClelland - Country Tax Leader - Deloitte Vietnam 🔺The webinar is moderated by  Mr Alexander Falter- Managing Director - ECCO Shoes cum Vice Chair of the Board - BritCham Vietnam #FDI #VietnamFDI #Investment #VietnamInvestment #Danang#BinhDuong

Our thanks to Britcham Vietnam for kindly sharing this information.

Dates for Diaries: UK-Vietnam HE Webinar 03.12.21

Introduction

The workshop on Project 89 will be virtually co-organise by the British Council in Viet Nam, Department of International Trade – UK Embassy and UK–Viet Nam Higher Education Network on 3 December 2021.   

• Date: 3 December 2021
• Time: 16.30–18.00 (Vietnam time) or 09.30–11.00 (UK time)
• Registration: https://bit.ly/3cmMIco by close of 2 December 2021
• Workshop platform: Microsoft Teams
• Language: English
• Agenda: please see the attachment here

Ministry of Education and Training in Vietnam has launched a Scholarship Programme named as Project 89 – a Decision approval the proposal for enhancing competencies of lecturers and administrators of HEIs meeting requirements for radical changes in education and training until 2030.

Main objectives of Project 89 are:

• providing the doctoral training for about 10 per cent of HE lecturers, of which 7 per cent are trained full time abroad, 3 per cent receive domestic training programmes, and joint programmes with foreign universities achieving regional and world quality standards
• attract at least 1,500 scientists and doctorate degree holders who are working abroad or domestically outside of higher education institutions to work at Vietnamese higher education institutions
• expect 80 per cent of lecturers of culture, arts and physical education and sports schools to obtain master's degree or higher, receive full-time training programs provided by foreign educational institutions or domestic institutions meeting regional and world quality as well as structured reasonably 
• by 2030, expecting 100 per cent of administrators and lecturers to be trained to improve their competencies with emphasis on: The competency in orienting training and educational programs towards modern training methods, scientific researches, foreign languages and information technology

Workshop aims 

• Introducing Project 89 as an opportunity for UK–Viet Nam partnership in masters and PhD/joint PhD training programmes
• Discussing (joint) PhD training under a partnership approach and key factors to success
• Connecting and facilitating further discussion between UK and Vietnamese universities to form up partnerships supporting the implementation of Project 89.

Targeted audience

• Rectors/Vice Rectors, Deans/Vice Deans, Heads/Deputy Heads of International Relations and Research of UK and Vietnamese universities.

 

 

Dates for Diaries: Vietnam: Opportunities for energy & infrastructure sector webinar Fri 19 Nov

Dear CBI Members,

About this webinar

As one of Southeast Asia’s rising stars, Vietnam is an increasingly attractive export destination and investment hub. Despite the ongoing impacts of the COVID-19 pandemic, Vietnam’s economy grew at 2.91% in 2020, putting it among the top 10 countries globally.

Join the Department for International Trade (DIT) North East and DIT Vietnam for a FREE webinar to hear:

• An overview of the Vietnamese market, including the benefits and challenges of doing business in Vietnam
• The opportunities in Vietnam’s fast-growing energy and infrastructure sectors
• A panel discussion with British businesses who are already succeeding in Vietnam

The UK-Vietnam Free Trade Agreement (UKVFTA) applied since 1 January 2021 has provided better market access, as well as tariff reductions on trade between our two nations. This is opening up further opportunities for British businesses to export, collaborate with, and invest in Vietnam.

This is a great opportunity to find out about the opportunities for your business in Vietnam and explore your potential within this market.

Vietnam’s energy sector 

• Vietnam has the largest renewable energy installed capacity in Southeast Asia
• Energy demand in Vietnam has grown over 10% per year throughout the last decade
• In 2020, renewable energy in Vietnam reached 25.3% (equivalent to 17.5GW) of the energy mix, which is 10 years ahead of the nation’s target according to the Power Development Plan 7
• The total market value of this sector is estimated at 36 billion USD across solar, wind, hydro, and biomass between 2021 and 2025

Vietnam’s infrastructure sector

• Vietnam spends 5.7% of its GDP on infrastructure – the highest proportion of GDP of any country in Southeast Asia
• Over the past decade, Vietnam has been one of the fastest-growing economies in Asia and with that comes the development of infrastructure to keep up with demand
• The government has prioritised transport infrastructure with plans to increase investment, particularly through some major projects including metro lines in Hanoi and Ho Chi Minh City as well as the high-speed North-South railway
• With investment estimated to reach $480 billion by 2030, the infrastructure sector creates huge opportunities for bilateral trade between Vietnamese and British businesses in both goods and services

Who this webinar is suitable for

This webinar is suitable for all British companies interested in exporting to Vietnam, particularly for opportunities in Vietnam’s fast-growing energy and infrastructure sectors.

Further information

For more information on this event please contact [email protected]

To register your attendance for this event please click the link below.

Vietnam - energy & infrastructure 19-11.21

Vietnam and UK strengthen cooperation in digital economy and digital transformation

Within the framework of Prime Minister Pham Minh Chinh’s visit to the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), Minister of Information and Communications Nguyen Manh Hung on November 1 had a meeting with Mr Chris Philp, Minister in charge of Technology and Digital Economy, Ministry of Digital, Culture, Media and Sport UK (DCMS) at the DCMS headquarters in London.

At the meeting, the two Ministers shared strategic orientations, national programs and projects on the development of the digital economy and digital society of each country, as well as initiatives and supporting policies to promote the digital economy.

The two sides exchanged possibilities to expand cooperation, enhance coordination among regulatory agencies in digital transformation, digital economy, digital business connections, and jointly develop/organise the implementation of initiatives in the field of digital transformation. They discussed the framework of the UK-ASEAN Digital Partnership Program, the Asia-Pacific Digital Trade Network.

For more details please refer to the link below:

UK-Vietnam Digital Trade Network

Our thanks to the UKABC for kindly sharing this information

Dates for Diaries: Green Building Solutions virtual trade mission to Malaysia, Thailand & Vietnam on 17 Nov

About this webinar

Calling UK providers of Green Building solutions. The British Malaysian Chamber of Commerce (BMCC) in collaboration with the British High Commission, Malaysia will be organising a virtual trade mission focusing on Green Building solutions.

Join this webinar to find out more about the trade mission, along with opportunities in these 3 exciting markets (including Thailand and Vietnam) in Southeast Asia.

Further information

For more information, please contact [email protected]

To register your attendance for this event please click the link here.

Vietnam Smart City Guide

Dear CBI Members and Partners,

This handbook was commissioned by the FCDO as complementary research to the prosperity programming’s Global Future Cities Programme (GFCP). The prosperity programming is a major UK Government initiative announced in 2015. The Fund contributes significantly to the United Nations Sustainable Development Goals (SDGs) and implementation of the New Urban Agenda. It is guided by the UK Aid Strategy with the objective of helping promote growth and prosperity in developing middle-income countries.

The prosperity programming offers great opportunities for the creation of mutually beneficial partnerships, and for the growth of business and trade relationships. In the past, the GFCP has been involved in programming in Ho Chi Minh City to help improve public transportation in the rapidly growing city through developing an integrated ticketing system for public transport. GFCP also played a role in the mitigation of floods in Ho Chi Minh City, by developing a Geographical Information System for the drainage system in the city.

FCDO and GFCP, through their targeted interventions, are creating business opportunities in Vietnam for UK exporters who are worldwide recognised leaders in urban innovation. These interventions in technical support and institutional capacity should be enabling factors to allow the easy market entry of UK service providers in the market.

As the British Ambassador to Vietnam, Gareth Ward mentioned in his foreword:

“I trust you will find this resource valuable in providing innovative ideas for building a stronger and more sustainable policy environment for urban growth. This is more important now than ever before.”

Please download the Guide here.

Our thanks to DIT, UKABC and the team at the British Embassy and Consulate in Hanoi and Ho Chi Minh respectively.

Doing Business in Vietnam Guide 2021

Dear CBI Members and Partners,

Kindly find information provided by Grant Thornton below:

'We are delighted to announce Grant Thornton Vietnam’s publication of 2021 edition “Doing Business in Vietnam”. This publication will bring helpful information to foreign investors, particularly for those considering to do their businesses in Vietnam for the first time.

Our publication consists of the latest insights of Vietnam economy, attractive sectors for investment in Vietnam, business entities, the financial reporting and audit, tax system and labour compliances in Vietnam. Furthermore, it is critical to highlight certain common issues and key considerations that investors should be aware of when taking a deep-dive into Vietnamese market to embrace the “New Normal”, especially in the uncertain era of Covid-19 pandemic.

Should you require any further professional assistance, please do not hesitate to contact us. We are happy to support.'

Kind regards
Grant Thornton Vietnam

Doing Business in Vietnam Guide 2021

Contact: Trinh Thi Tuyet Anh
Director - Business Development - International Liaison
T: +84 28 3910 9170
E: [email protected]
Linkedin: anhtrinhgtv

Website Link: here

UK Plc drives sustainable development and ESG initiatives in Vietnam

Dear CBI Members and Partners,

Please find a press release sharing the sustainable development and ESG initiatives that UK banking group Standard Chartered is driving in Vietnam. Crucially their partnership with the British Chamber in Vietnam provides a key platform to promote UK-Vietnam sustainable business strategies via webinars and local engagement.

Download Press-release_Standard-Chartered-join-hands-with-Britcham-to-drive-sustainable-development-in-VN

Our grateful thanks to the British Chamber in Vietnam for kindly sharing this information.