VietAmCham - National Vietnamese American Chamber of Commerce - Government Contracting and Procurement

"VietAmCham's mission is to promote prosperity."

Government Contracting and Procurement

Though companies in the information technology and defense-related sectors are more likely to receive government contracts to procure goods or perform services, there are numerous opportunities for other businesses as well.

The federal government spends more than $500 billion a year in private sector procurement. Spending by state and local governments pushes that figure even higher.

For example, in Fairfax County where VietAmCham is headquartered, federal government contracts with Fairfax County companies reached $24.3 billion ($16.2 billion in defense agency work, $8.1 billion in civilian agency work) in fiscal year 2010, according to the U.S. Census Bureau, Consolidated Federal Funds Report.

Opportunities abound in an array of markets including defense and homeland security; environmental services and products; information technology (IT) and telecom products, services and solutions; laboratory and scientific products and services; law enforcement, fire safety and security; and medical services and products.

VietAmCham offers training programs and assistance to members, as well as faciliates consulting sessions with other experienced members who have successfully won government contracts.

Below are some resources:

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INSPIRATION

The Entrepreneur's Pledge - The Kauffman Foundation

Economic Development

According to Survey of Business Owners (SOB) 2007 and Census 2010, the number of Vietnamese-owned businesses has increased to 229,000, with revenues of $28.8 billion a year. That reflects a 56% increase since 2002, compared to 40% increase among the other Asian communities.

Excellence and Leadership

We continuously raise the bar by promoting best business practices, standards of excellence and leadership development; undertaking cutting-edge research; and launching strategic programs.

Business Advocacy & Governmental Relations

VietAmCham is the only nationwide business advocacy organization for Vietnamese American businesses. Learn more about important public policy issues and network with business leaders across the country.

Chamber Relations

With a diverse leadership team of influential business, civic, political leaders and association executives, we are a resource center for local Viet chambers around the country. We also encourage and assist with starting new chambers.