[ppt]vietnam – emerging land for investment - … · web viewkcn nh¬n tr¹ch 2, h.nh¬n tr¹ch,...
TRANSCRIPT
![Page 1: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/1.jpg)
Viet Nam – Why now?
Commercial SectionEmbassy of Viet Nam in Italy
![Page 2: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/2.jpg)
2
Contents
• Overview of Viet Nam economy• Bilateral economic and trade links• Favourable environment for investors
![Page 3: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/3.jpg)
3
Overview of Viet Nam economy
![Page 4: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/4.jpg)
4
Geography- Centre of Southeast Asia- Area: 331,698 sq. km- Coastline: 3,260 km
Society- Population: 85 mil.
- Labor force: 45 mil.- Unemployment rate: 2%
- Literacy rate: >90%
Viet Nam at a glance
![Page 5: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/5.jpg)
5
• Substantial progress was achieved from 1986
• GDP growth averaged 7-8% per year even against the background of global recession.• Particularly, the growth of 2007
was 8.4%• Membership in ASEAN, ASEM,
APEC• Joined WTO since 2007
Viet Nam economy /i
“Every 10 years, Viet Nam has built another economy.”
![Page 6: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/6.jpg)
6
Viet Nam economy /ii
• Investment (gross fixed): 32.6 % of GDP (2006)
• Inflation rate (consumer prices): 7.5% (2006)
• GDP: $222 billion• GDP per capita: $1,000• GDP - composition by sector:
• agriculture: 19.4%• industry: 42.3%• services: 38.3%
![Page 7: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/7.jpg)
7
Infrastructure
• Highways: 86,327km• Railways: 3,219 km• International airports: 3 • International seaports: 11• 139 industrial zones with
area of 29,392 ha• 8 economic zones with
area of 323,940 ha• Electricity output: 53.8
billion kWh
![Page 8: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/8.jpg)
8
0
2000
4000
6000
8000
10000
12000
Investment inflows Disbursement
US$ mil.
10,200
4,100
FDI By Sector3% 16%
31%5%7%
6%1%3%6%
5%1%2%5% 7% 2%
Oil & gas Light industryHeavy industry Food industryConstruction Agriculture, forestryAquaculture Transport, ICTHotel, tourism Banking, financeCulture, health, education New urban area constructionOffice, apartment construction IZs infra contructionOther service
FDI flow in Viet Nam 1986-2006
![Page 9: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/9.jpg)
9
Trade
• Exports: $49 billion (2007)• Annual growth 20%• Main exports: crude oil, marine products,
rice, garments, footwears, furniture, coffee, rubber, tea, electronics …
• Trading partners: US, EU, Japan, China, Singapore, Korea, Chinese Taipei, ...
![Page 10: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/10.jpg)
10
• Imports: $62 billion (2007)• Main imports: machinery
and equipment, petroleum products, fertilizer, steel products, raw cotton, grain, vehicles…
Trade
![Page 11: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/11.jpg)
11
Bilateral economic links
![Page 12: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/12.jpg)
12
Trade with Italy
• Export from Vietnam to Italy• 695 million euro (13.8% growth)• Main export items: foot wears, marine
products, coffee bean, garments, furniture, electronics, natural rubber, tourist items, plastic items, cashew nuts…
• Import from Italy to Vietnam• 515 million euro (70.7% growth)• Mechanical and electrical machinery, vehicles,
leather…
![Page 13: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/13.jpg)
13
Investment from Italy to Viet Nam
• Top investors in Viet Nam• Chinese Taipei, Korea, Singapore, Japan, US
• Italy has 21 projects in effect, registered capital: US$55.7 million, in which:• Heavy industries: 17 projects, US$40 mil.• Services: 3 projects, US$2.2 mil.• Agriculture: 1 project, US$13.5 mil.
![Page 14: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/14.jpg)
14
Investment from Italy to Viet Nam
• Forms of investment:• 100% foreign-invested company: 13 projects• Joint venture: 7 projects• BCC: 1 project• Latest project: Piaggio
• Be present in 12 provinces (Binh Duong, Quang Nam, Ha Noi, Vinh Phuc, …)
• Seeking opportunities in energy, environment, infrastructure, metallurgy, telecoms, education, transportation, etc.
![Page 15: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/15.jpg)
15
Favourable environment for
investors
![Page 16: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/16.jpg)
16
Why to invest in Viet Nam?
• Socio-political stability• Continuous economic growth• Abundant human resources
• High level of literacy, IT-savvy• Labourious, hard-working• New generation of corporate
leaders• Low cost of materials and
inputs• Electricity, water, telecoms, air
freight
![Page 17: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/17.jpg)
17
Why to invest in Viet Nam?
• Trade regime becomes more open and transparent following WTO entrance
• Favorable FDI policies• Simplification of investment procedures• Compliance with international practices
• Convenient for outsource and processing industries• Located at the heart of Southeast Asia• Easily reachable by air, sea or land• Enjoy preferential tariffs by FTAs
![Page 18: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/18.jpg)
18
WTO concessions on goods
• Bound rates for 10,600 tariff lines reduced from 17.4% to 13.4% phased over 5-7 years since 2007.
• Largest reduction applied to garment & textile, aquatic products, wood & paper, manufacturing, electrical and electronic machinery & equipment.
• Join Free Agreements by sector for IT, garment & textile, medical equipment, airplane equipment, chemical, construction machine.
![Page 19: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/19.jpg)
19
WTO commitments on services
• Open in 11 out of 12 service sectors (or 110 out of 115 sub-sectors)• trade, post & telecommunications,
construction, health, distribution, education, insurance, tourism, environment, banking & finance, entertainment, transport etc.
![Page 20: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/20.jpg)
20
Effects of WTO on investment
• TRIMS: Investors shall NOT be forced to undertake any of the following requirements:• Localization• Export or import ratio• Giving preferences to purchase domestic goods and
services• Achieving a certain ratio in R&D• Selling goods and services at a certain location
• Duties reduction promotes trade in goods and services between Vietnam and regional countries
![Page 21: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/21.jpg)
21
Preferential sectors
• New material, high-tech products, bio-technology, information technology and mechanical manufacturing
• Agricultural, forestry and aquaculture• Labor intensive industries• Development of infrastructure facilities and
important industrial large-scale projects• Education, training, health, sports, culture• Development of traditional crafts and
industries
![Page 22: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/22.jpg)
22
• 139 IZs and EPZs and 8 Economic Zones• In 2006, 356 projects with registered
capital of US$4.4 billion• Favourable incentives• One-stop administrative procedures• Better infrastructure facilities• Custom services included
IZs, EPZs, EZs
![Page 23: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/23.jpg)
23
What can be done with us?
• Provide general and specific info about Viet Nam• Database of laws and regulations
• Assist in applying for RO, branch and investment licenses
• Advise on doing business in Viet Nam• Help in seeking an appropriate trading or
investment partner• Support dispute mediation• Facilitate visa processing
![Page 24: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/24.jpg)
24
“In the WTO, when people work hard, things happen - and Viet Nam is a good example of that.”
Pascal Lamy
Conclusion
![Page 25: [PPT]VIETNAM – Emerging Land for Investment - … · Web viewKCN Nh¬n Tr¹ch 2, h.Nh¬n Tr¹ch, N 176 ®.D ¬ng Qu ng Hµm,p.5, q.Gß VÊp, tp HCM Êp 1, x· Long nguyªn, huyªn](https://reader033.vdocuments.us/reader033/viewer/2022051206/5b0497cc7f8b9a0a548dd8a5/html5/thumbnails/25.jpg)
25
How to reach us?
• Commercial Office, Embassy of Viet Nam in ItalyAddress: Via Po 22, Roma 00198Tel: (+39) 06 841 3913Fax: (+39) 06 841 4072E-mail: [email protected] or [email protected]