Vietnam: Trade & Investment Bulletin No. 37
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INDOCHINA INTERNATIONAL CONSULTING J.S.C KK11, Ba Vi, Ward 15, District 10, Ho Chi Minh City - Vietnam Tel: (+ 84-8) 3507 9327 – Fax: (+ 84-8) 3911 1453 INDOCHINA INTERNATIONAL CONSULTING (IICo) Dear all, Vietnam Trade & Investment Bulletin gives Our Sincerest Thanks and Warmest Wishes for the Lunar New Year Thank you for your interest in our services throughout past year! VIETNAM: TRADE & JANUARY INVESTMENT BULLETIN NO.1 / 2015 2015 [email protected] www.viipip.com [email protected] 0 www.viipip.com INDOCHINA INTERNATIONAL CONSULTING KK11, Ba Vi, Ward 15, District 10, Ho Chi Minh City - Vietnam Tel: (+ 84-8) 3507 9327 – Fax: (+ 84-8) 38 377 277 VIETNAM: TRADE & INVESTMENT BULLETIN No.1 January 2015 GENERAL REVIEW INVESTMENT Vietnam, Mexico seek to tap cooperation potential PM allows changes to industrial parks FTA to create more rooms for Vietnam-Customs Union Foreign investment increases in textile-garment cooperation projects Restructuring crucial to 2015 economic development Vietnam remains one of preferred destinations of Saudi Arabian investors supported to invest in VN Japanese information and technology companies UK advocates signing FTA with VN Vietnam-Japan partnership to focus on industrialisation TRADE RoK’s telecoms group studies investment climate in Ha Vietnam, Algeria aim for 1 billion USD in two-way trade by Nam 2020 Indian group conducts investment survey in Ha Nam FTAs to bolster up Vietnam’s economy: minister LG Electronics leases more land in Trang Due IP Garment sector leads nation in terms of export Investor reshuffle for Van Don airport MARD urges tra fish decree delay Additional US$54.8 mln injected in Can Tho IP Domestic candy brands draw more business Taiwan firm breaks ground for $100m garment plant The government to tighten IPR Law enforcement in Waste power plant nears go-ahead in Thanh Hoa Vietnam Hoa Binh Co bubbles over with V Cola fizzy drink plan Thai billionaire pays $200 million to acquire Nguyen Kim Investment license awarded for US$ 128 mln Nam Tien FINANCE – BANKING Phong industrial park and seaport project Short-term foreign lending extended CapFin Asia eyes major Chan May-Lang Co deal Finance ministry urges bank listings to boost transparency Proconco inaugurates latest animal feed plant Vietnam considers six bank mergers in 2015 Nghe An expects to lure 100 trillion VND investment Bad debt situation made worse by VAMC Amata eyes Binh Dinh industrial and urban complex COMING EVENTS ANALYSIS HVACR Vietnman Ho Chi Minh City Power shortfalls still remain a concern INMEX Vietnam Ho Chi Minh City More investment incentives for raw material imports ProPak Vietnam Ho Chi Minh City Updated policies on foreigners Key laws to bring new momentum NEWS IN BRIEF IPs says Hi Supported by [email protected] 1 www.viipip.com INDOCHINA INTERNATIONAL CONSULTING KK11, Ba Vi, Ward 15, District 10, Ho Chi Minh City - Vietnam Tel: (+ 84-8) 3507 9327 – Fax: (+ 84-8) 38 377 277 DEVELOPER’S INTRODUCTION TAN BINH INDUSTRIAL PARK BINH DUONG PROVINCE, VIETNAM Address: Tan Binh commune, Bac Tan Uyen district, Binh Duong province Phone: (84-650) – 6 566 668/ 3 687 888 Fax: (84-650) – 3 687 888 Email: [email protected] Website: http://www.tanbinhip.com DEVELOPER: Tan Binh Industrial Park JSC OPERATIONAL TIME: 50 years (from 2012) AREA: 352.5 ha in total, 244.5 ha of industrial land, 5.9% of which is occupied INFRASTRUCTURE • The capacity of fresh water supply is 14,000m3/day & night • Waste water is treated according to Vietnamese Standard with capacity of 10,000 m3/day & night • The 22KV of electrical supply network for manufacturing is connected to the 110/22KV – 2 x 40MVA of National grid • Internet access technology – FTTx provides best telecommunication services for enterprises • 36 ha residential area meets a wide range of demands of workers OUTSTANDING FEATURES • Convenient location: 15 km from Binh Duong New City – Binh Duong administration center, 55 km from Tan Son Nhat airport (HCMC), 61 km from Sai Gon seaport, 62 km from Tan Cang - Cat Lai seaport • Wide internal roads (24 – 38 m) and connected with important roads (DT741, National Highways No. 1A, 13, 14, 22, 51, My Phuoc-Tan Van) • Abundant raw materials from rubber trees (wood, sap,…) and other agriculture products INCENTIVES AND SUPPORTIVE POLICIES • Special Enterprise income tax for the newly-established projects in Tan Binh industrial park • Special price for the first new comers • Various price options for tenants that can be paid within 18~24 months without interest For more detail, please contact Planning & Business Dept.: (84) 933 446 988 Back to top [email protected] 2 www.viipip.com INDOCHINA INTERNATIONAL CONSULTING J.S.C KK11, Ba Vi, Ward 15, District 10, Ho Chi Minh City - Vietnam Tel: (+ 84-8) 3507 9327 – Fax: (+ 84-8) 3911 1453 QUEVO 2 INDUSTRIAL ZONE Head office A: 13th floor, HH3 Tower, Metri Str., Tu Liem, Hanoi Address T: (+84) 4 66748483 | F: (+84) 437877936 A: Km no.18, Highway no.18, Quevo district, Bacninh E: [email protected] T: (+84)2413 623 868 | F: (+84)2413 623 868 W: http://www.idicoquevo.com.vn LOCATION, REGION AREA, PLOT INFORMATION 50 km to Noi Bai International airport along - Two sources: 22V and 35V from EVN Bacninh Highway no.18 Electricity Power To airport - 110 KV: Que Vo 2 now supplies to entire the IZ International flights: more than 40 supply supply frosm national electricity grid network flights/week Quevo water plant (Japanese technology), 1.5km from IZ Located along Highway no.18 from Bac Ninh IZ capacity of water consumption: 11000- to Hai Phong, Quang Ninh, Hai Duong Water 20000 m3/day To road Capacity To Highway no.183 (way to Hai Duong) about supply - Treatment capacity: 2000-4000 m3/day 07 km - The waste water treatment plant use both: COD, BOD (biotech treatment technology) and pH adjustment - 90 km to Hai Phong seaport and Lach - 1st level: enterprises have to treat by Huyen deep water sea port in Hai Phong Waste themselves up to level B (Vietnam’s standard: Location along Highway no.18 TCVN 5945:2005) To port water Quality - 100 km to Quang Ninh seaport along - 2nd level: waste water will be treated at the Highway no.18 system waste water treatment station within IZ up to - 15 km to Cau river port level A (Vietnam’s standard: TCVN 6984:2005) 01 km to Chau Cau railway station Telephone Up to 20 telephone lines for each factory and To railway New Yen Vien - Cai Lan railway parallely with supplied by the Post Office (VNPT) of Quevo line IZ has been construction since March, 2008 district - 50 km to Ha Noi Capital along Highway Faculties - ISP: VNPT, Viettel, FPT Telecom no.1A To the - Speed: 512 kpsb and 128 kbps-2048 - 15 km to the Center of Bac Ninh City Internet centers downstream - 90 km to Hai Phong City - Services: dial-up, ADSL, Leased line,… - 100 km to Quang Ninh City 572 ha Technical teacher college Scale 1st phase: 272 ha (120 ha available) University Technical health university of Bacninh province 2nd phase: 300 ha st -1 phase: already finished the infrastructure Population of Bacninh province is around 1,2 and the land is ready for investors to build Labor Land million and people on the age of working are Developm factory (120 ha) Worker around 0,7 million ent status -2nd phase: land compensation, leveling and Population of Bacninh city is around 180 000 under construction for infrastructure 1st peoples phase (300ha) Back to top [email protected] 1 www.viipip.com INDOCHINA INTERNATIONAL CONSULTING KK11, Ba Vi, Ward 15, District 10, Ho Chi Minh City - Vietnam Tel: (+ 84-8) 3507 9327 – Fax: (+ 84-8) 38 377 277 GENERAL REVIEW Vietnam, Mexico seek to tap cooperation potential Vietnam and Mexico still have room to further increase their economic cooperation to match the good political relations between the two countries, according to Vietnamese Ambassador to Mexico Le Linh Lan. Addressing a workshop on December 15 in Mexico City, where local enterprises seek opportunities for investment and tourism promotion in Vietnam, the ambassador noted that bilateral trade exchange is likely to surpass 1.8 billion USD in 2014, but the figure is small compared with the total foreign trade values of 780 billion USD and 280 billion USD of Mexico and Vietnam, respectively. During the event, Mexican business representatives said a lack of knowledge and accurate information about Vietnam and its market and culture is a major obstacle for them in trade with Vietnam. They put many questions on Vietnam’s law and administrative procedures on investment and trade. Many expressed the wish to visit Vietnam to study the market. A photo exhibition was also held in the framework of the workshop to introduce to the Mexican friends about Vietnam, its people and culture in the process of international integration Source: Oananews Back to top FTA to create more rooms for Vietnam-Customs Union cooperation The signing of a free trade agreement (FTA) between Vietnam and the Customs Union of Russia, Belarus and Kazakhstan will be an effective tool for Vietnamese exporters to make inroads into the union boasting a population of over 170 million with high per capita income. Minister of Industry and Trade Vu Huy Hoang and Trade Minister of the Eurasian Economic Commission Andrei A.Slepnhev signed a joint statement on the conclusion of the Vietnam-Custom Union Free Trade Agreement (VCUFTA) on December 15 in the southern province of Kien Giang . Witnessing the event, Prime Minister Nguyen Tan Dung said the signing and implementation of the agreement will be an important progress to enhance bilateral relations in economy, education-training, science-technology, and culture.