DOCSLIB.ORG

MISSION LEADER VIETNAM TRADE PROMOTION AGENCY Mr

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
MISSION LEADER VIETNAM TRADE PROMOTION AGENCY Mr MISSION LEADER VIETNAM TRADE PROMOTION AGENCY Mr. Ta Hoang Linh Deputy Director General 20 Ly Thuong Kiet street, Hoan Kiem district Address: City: Hanoi State/Province: Postal code: Country: Vietnam Phone: +84 - 4 - 39347628 Fax: +84 - 4 - 39348142 E-mail: [email protected] Website: www.vietrade.gov.vn Date established (year): 2000 Number of employees: 130 Business Type: Governmental, Trade Promotion Company Brief The Vietnam Trade Promotion Agency (VIETRADE) is a governmental Introduction: organization responsible for state management, coordination and implementation of trade and trade related investment promotion activities in Vietnam. VIETRADE works together with various provincial trade promotion centers and trade support institutions as well as international and foreign trade promotion organizations to assist Vietnamese and foreign enterprises in their business development and expansion. Business line: - Providing business information - Assisting Vietnamese and foreign enterprises to identify business opportunities, customers, suppliers and partners through dispatching trade missions abroad, hosting foreign business missions visiting Vietnam and organizing business meetings, seminars and conferences for Vietnamese and foreign enterprises; - Assisting Vietnamese and foreign enterprises in the organization of and participation in trade fairs and exhibitions in Vietnam and abroad; - Training Vietnamese enterprises and trade support institutions in trade promotion and export marketing; - Providing consulting services and technical assistance in trade and export production; - Developing e-commerce capabilities among the Vietnamese business communities; - Supporting foreign businesses to develop business in Vietnam; - Proposing to the Government policies and measures for the development of business support activities; - Developing facilities for trade promotion and Cooperating with international and foreign organizations in trade promotion. QUANG NGAI PROVINCE Mrs. Huynh Thi Phuong Hoa Deputy Director – Quang Ngai Investment Promotion Center 448 Quang Trung street Address: City: State/Province: Quang Ngai Postal code: +84 55 Country: Vietnam Phone: +84 - 55 - 3819714/ 3819129/ 3819715 Fax: +84 - 55 - 3816322 E-mail: [email protected] Website: www.ipc.quangngai.gov.vn Business Type: Provincial Authority Company Brief Situated in the pivotal economic area of the Central Vietnam, right on the Introduction: National Highway 1A and the Trans-Viet Railway, connected with the Central Highland by the Access Road 24A, Quang Ngai - a coastal province of 130 km coastline with two large seaports of Dung Quat and Sa Ky. Area: 5,135.2 km sq Population: 1.205 million people GDP: 21% I. Infrastructure system: Quang Ngai city locates away Chu Lai Airport 35 km and Da Nang 123 km to the North. Quang Ngai province has the available transportation system consisting of Da Nang - Quang Ngai Highway; Dung Quat deep seaport (the depth of 19 m); Dung Quat - Sa Huynh coastal road; the national highway 1A; Trans Viet Railway and the national highway 24A linking to highland provinces, Southern Laos, North-Eastern Cambodia; Binh Long - HCM road leading to Bo Y border Gate. II. Natural resources: Quang Ngai has an over 130 km coastline, territorial waters area of 2.800 km.sq, beautiful beaches to develop tourism and super-deep bay being a strong point for seaport system investment. Besides, Quang Ngai also has approximately 38 km.sq of water surface area, which is favorable for aquatic products and 197,100 ha of forest. III. Industrial Zones: 1. Tinh Phong industrial zone: - Total area: 142 ha. - Encouraged sectors of investment: producing industries regarding building material, internal and external decorating material: timber products, pottery, synthesis material, constructional equipments, comodities, electronic devices, exports and consumer goods; auxiliary industries for heavy industry. 2. Quang Phu industrial zone: - Total area: 120.41 ha. - Encouraged sectors of investment: such processing industries as agro-forestry, fishery products, post-sugar products, carton boxes, plastic, textile and less polluted products for export and consumption. 3. Pho Phong industrial zone: - Total area: 157.387 ha. - Encouraged sectors of investment: Agro-forestry products, transportation facilities, mechanic engineering, consumer goods, carton manufacture, export production. IV. Dung Quat Economic Zone: Dung Quat Economic Zone (DQEZ) is adjusted for general plan scheme till 2025 by Vietnamese Government with the total area of over 45,332 ha including the current area of 10,300 ha, the expanded area of 24,280 ha and 10,752 ha for the water surface area. DQEZ is the multi-sector, multi-functional zone of industry, services, tourism, urban area, agro-forestry, fishery. Major industries are oil refined, petrochemical, chemical and other main heavy industries consisting of steel mill, shipbuilding and the others closely linking to an effective exploitation of Dung Quat and My Han deep seaports. DQEZ is one of the centers of port-based services industry and urban area of the key economic region in the central Vietnam and one of the important terminal for transportation, trading and international exchange of the Central and Highlands. There is no doubt that DQEZ has considerable advantages such as the completed infrastructure; applying highest incentives given by the Government; applicating the transparent mechanism and institution in line with the current globalization and international integration. 3. Functional sub-areas: 3.1. East Dung Quat industrial park: 5,784ha. It gathers large scale heavy industries closely linking to Dung Quat deep seaport with such fields as petrochemical, chemical, shipbuilding, steel mill, cement produce, heavy industrial equipments and car assembling and manufacturing industries. There are some existing large scale projects including Dung Quat Oil Refinery, shipbuilding plant, steel mill plant, heavy equipments manufacturing plant, poly-propylene, bio-etanol plants and many other ones. 3.2. West Dung Quat industrial park: 2,676 ha. This is multi-sector light industrial unit developed along the existing East- Western axis (Doc Soi - Dung Quat port axis). It flocks manufacturers regarding building material, mechanic engineering, agro-forestry and aquatic products, textile products, consumer goods, exports, electric and electronic facilities. Besides, there are also medium and small transit warehouses. 3.3. Dung Quat port: 746 ha Dung Quat port is 19m deep. It has the breakwater with the length of 1,600m, height of 27m and width of 15m, and a 1,750m long sand dyke in the west. It is the largest multifunctional deep waterport of Vietnam consisting of petroleum port, specialized port and general port (container goods and lone goods) possibly accessible 50,000 DWT - oil vessels, cargo ship with capacity of 30,000 --- 50,000 DWT. 3.4. Van Tuong Urban area: 3,828 ha with 6 functional areas. + Residential area: 1,594ha comprising 5 sub-areas. + Ecological tourist area: 450 ha. + Park area: 480 ha. + Hi-technology area: 389 ha. + Oriented area for development in future: 94 ha. + Green trees preserved area: 820 ha. Orientation towards investment attraction: 1. Industrial sector: - Oil refined, petrochemical, chemical, post- oil products industries. - Ship building and shipyard industry. - Heavy, auxiliary and processing industries. - Building material production. - Raising and exploiting aquatic products. - Infrastructure system supplied for industrial parks. 2. Services - Tourism: - Hotel, trade center, supermarket. - High standard tourist area. - Amusement parks. - Urban areas. THUA THIEN HUE PROVINCE Mr. Le Dinh Khanh Deputy Director – Department of Planning and Investment of Thua Thien Hue Ton Duc Thang Street Address: City: Hue State/Province: Thua Thien Hue Postal code: Country: Vietnam Phone: +84-54-3 824680 Fax: +84-54- 3 821 264 E-mail: [email protected] Website: www.skhdt.hue.gov.vn/portal Business Type: Provincial Authority Brief Introduction Thua Thien Hue Province, located on a strategic location: on East-West economic corridor connecting the province with Laos, Thailand and Myamar, is ranked among the leading economic zones of the Central region. Area: 5,065 km 2 Population: 1,2 million people Labour force: 600,000 people GDP: 12% (2006-2010) Provincial competition index (PCI): Distinction ranking (2007, 2008, 2009). Hue, the capital city of the Province, is a Festival city with two world cultural heritages recognised by UNESCO. We also have Lang Co, ranked among the most beautiful bays in the world. Additionaly, we are proud to have Tam Giang – Cau Hai lagoon - the largest lagoon in Southeast Asia. Our infrastructure system is complete with Phu Bai International Airport and Chan May deep seaport. With 16 universities, 3 colleges and technical schools, 4 vocational schools, we are seen as the comprehensive educational center of Vietnam. Hue Central hospital and the hospital of Hue Medical and Pharmaceutical school make the province an intensive healthcare center of the country. Up to now, we have 65 FDI projects, focusing on tourism - service, education, investment on infrastructure of inductrial zones, etc.. The total number of Korean FDI projects in Thua Thien Hue is 10, which occupies approximalely 15% of the total number. We are happy that there are more and more Korean Investors coming to invest in our province. Thua Thien Hue province is calling for investment in the following areas: - Hue city; - Chan
Load more

Recommended publications
  • International Civil Aviation Organization Asia and Pacific Office
    INTERNATIONAL CIVIL AVIATION ORGANIZATION ASIA AND PACIFIC OFFICE REPORT OF THE TENTH MEETING OF THE FANS IMPLEMENTATION TEAM FOR SOUTH-EAST ASIA (FIT-SEA/10) AND THE SEVENTEENTH MEETING OF THE SOUTH-EAST ASIA ATS COORDINATION GROUP (SEACG/17) Singapore 24 to 27 May 2010 The views expressed in this report should be taken as those of the meetings and not of the International Civil Aviation Organization (ICAO) Approved by the meetings and published by ICAO Asia and Pacific Office FIT-SEA/10 and SEACG/17 Table of Contents TABLE OF CONTENTS Page HISTORY OF THE MEETING Introduction .................................................................................................................................i Attendance ..................................................................................................................................i Officers and Secretariat ...............................................................................................................i Opening of the Meeting ..............................................................................................................i Documentation and Working Language ................................................................................... ii REPORT OF FIT-SEA/10 Agenda Item 1: Adoption of Agenda..................................................................................1 Agenda Item 2: Central Reporting Agency.........................................................................2 Agenda Item 3: Review of ADS/CPDLC Implementation .................................................4
    [Show full text]
  • Doing Business in (Insert Country Name Here)
    DOING BUSINESS IN VIETNAM Country Commercial Guide 2015 Prepared by U.S. Commercial Service and U.S. Embassy in Vietnam June 2015 International Copyright ©2015 U.S. Commercial Service and U.S. Department of State All rights reserved outside the United States of America. Table of Contents This report contains numerous hyperlinks. Click on any blue text in this document in order to navigate within the document or be directed to a related external web link. Chapter 1: Doing Business in Vietnam……………………………………………………. 4 Market Overview ……………………………………………………….………………………. 4 Market Challenges ……………………………………………………………………….……. 6 Market Opportunities ………………………………………………………………….………. 7 Market Entry Strategy …………………………………………………………………………. 7 Chapter 2: Political and Economic Environment…………..……………………….…… 9 Chapter 3: Selling U.S. Products and Services…………………………………………. 10 Using an Agent or Distributor ………………………………………………………………... 10 Establishing an Office ……………………………………………………………..…………. 11 Franchising …………………………………………………………………...…..……….…... 13 Direct Marketing ……………………………………………………………….……….……... 13 Joint Ventures/Licensing ………………………………………………………..…….……… 14 Selling to the Government …………………………………………………………...………. 14 Distribution and Sales Channels ……………………………………………………..……... 15 Selling Factors/Techniques …………………………………………………………..……… 17 Electronic Commerce …………………………………………………………………...……. 18 Trade Promotion and Advertising ……………………………………………………...……. 19 Pricing ………………………………………………………………………………………….. 20 Sales Service/Customer Support ……………………………………………………..…….. 21 Protecting
    [Show full text]
  • CADP 2.0) Infrastructure for Connectivity and Innovation
    The Comprehensive Asia Development Plan 2.0 (CADP 2.0) Infrastructure for Connectivity and Innovation November 2015 Economic Research Institute for ASEAN and East Asia The findings, interpretations, and conclusions expressed herein do not necessarily reflect the views and policies of the Economic Research Institute for ASEAN and East Asia, its Governing Board, Academic Advisory Council, or the institutions and governments they represent. All rights reserved. Material in this publication may be freely quoted or reprinted with proper acknowledgement. Cover Art by Artmosphere ERIA Research Project Report 2014, No.4 National Library of Indonesia Cataloguing in Publication Data ISBN: 978-602-8660-88-4 Contents Acknowledgement iv List of Tables vi List of Figures and Graphics viii Executive Summary x Chapter 1 Development Strategies and CADP 2.0 1 Chapter 2 Infrastructure for Connectivity and Innovation: The 7 Conceptual Framework Chapter 3 The Quality of Infrastructure and Infrastructure 31 Projects Chapter 4 The Assessment of Industrialisation and Urbanisation 41 Chapter 5 Assessment of Soft and Hard Infrastructure 67 Development Chapter 6 Three Tiers of Soft and Hard Infrastructure 83 Development Chapter 7 Quantitative Assessment on Hard/Soft Infrastructure 117 Development: The Geographical Simulation Analysis for CADP 2.0 Appendix 1 List of Prospective Projects 151 Appendix 2 Non-Tariff Barriers in IDE/ERIA-GSM 183 References 185 iii Acknowledgements The original version of the Comprehensive Asia Development Plan (CADP) presents a grand spatial design of economic infrastructure and industrial placement in ASEAN and East Asia. Since the submission of such first version of the CADP to the East Asia Summit in 2010, ASEAN and East Asia have made significant achievements in developing hard infrastructure, enhancing connectivity, and participating in international production networks.
    [Show full text]
  • Socialist Republic of Vietnam ASSESSMENT of FINANCING FRAMEWORK for MUNICIPAL INFRASTRUCTURE
    Report No: ACS5919 . Socialist Republic of Vietnam ASSESSMENT OF FINANCING FRAMEWORK FOR MUNICIPAL INFRASTRUCTURE Public Disclosure Authorized Assessment of the financing framework for municipal infrastructure in Vietnam Final Report . September 2013 Public Disclosure Authorized . EASVS EAST ASIA AND PACIFIC . Public Disclosure Authorized Public Disclosure Authorized Document of the World Bank . Standard Disclaimer: . This volume is a product of the staff of the International Bank for Reconstruction and Development/ The World Bank. The findings, interpretations, and conclusions expressed in this paper do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Copyright Statement: . The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development/ The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA, telephone 978-750-8400, fax 978-750-4470, http://www.copyright.com/. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA, fax 202-522-2422, e-mail [email protected].
    [Show full text]
  • Transportation
    VIETNAM 1 TRANSPORTATION Travelling to and in Vietnam is quite convenient. There are several means of transport to choose from depending on the budget and time. AIR If you intend to visit only a few cities in Vietnam and do not want to spend too much time on trasporting between different destinations, flying is the most convenient way to travel. Vietnam Airlines operates on domestic routes and flies to places like Phu Quoc Island and Rach Gia that are difficult to reach by other means. Domestic air travel is time saving especially for long distance. There are 16 domestic airports in Vietnam servicing air passengers. They are located in: Hai Phong (Cat Bi Airport) Dien Bien (Dien Bien Phu Airport) Thanh Hoa (Tho Xuan Airport) Nghe An (Vinh Airport) Quang Binh (Dong Hoi Airport) Hue (Phu Bai Airport) Quang Nam (Chu Lai Airport) Binh Dinh (Phu Cat Airport) Phu Yen (Tuy Hoa Airport) Daklak (Buon Me Thuot Airport) Lam Dong(Lien Khuong Airport) Gia Lai (Pleiku Airport) Vung Tau (Con Dao Airport) Can Tho (Can Tho Airport) Kien Giang (Rach Gia Airport) Ca Mau (Ca Mau Airport). There are direct flights on Vietnam Airlines to Hue, Danang, Dalat, Nha Trang, Dien Bien Phu, Phu Quoc, Quy Nhon, Pleiku and Saigon. To connect the two major cities like Hanoi and Saigon, Vietnam Airlines run more than 20 flights per day. There are five international airports welcoming tourists to Vietnam. These are Noi Bai International Airport in Hanoi, Danang International Airport in Danang, Tan Son Nhat International Airport in Saigon, Cam Ranh International Airport in Khanh Hoa and Phu Quoc International Airport in Kien Giang.
    [Show full text]
  • VIETNAM AIRLINES COMPANY LIMITED November 4, 2014
    VIETNAM AIRLINES COMPANY LIMITED November 4, 2014 PRE-IPO NOTE Vietnam Airlines is offering 49 million shares or 3.475% to the Auction time 8:30 AM November 14, 2014 public auction at an initial price of VND22,300 per share on Number of offering shares 49,009,008 to public auction November 14, 2014. Initial price per share VND22,300 We have concerns that the offer price may be too high: Proposed chartered capital VND14.10tn (USD0.66bn) Market capital VND31.45tn (USD1.48bn) Weak 9M2014 results: The company’s management Planned ownership structure estimated 9M2014 net income of parent company at around State-owned 75% VND100 billion (USD4.7 million). This amount is much less than the company’s whole year target of VND341 billion Strategic investors* 20% (USD16.0 million). Employees, Unions 1.525% Aggressive management targets: The 2014-2018 business Public 3.475% plan for parent company is quite optimistic although the *Strategic investor has not yet been identified. company faces many challenges. For the next five years, 2008-13 2014F 2014-18 CAGR (VNDbn) CAGR management targets net income to grow with a CAGR of Parent company 83.8% although earnings were highly volatile and recorded a Revenues 15.8% 59,008 16.7% CAGR of only 0.8% from 2008 to 2013. Net income 0.8% 341 83.8% Management believes the company will achieve these Consolidation aggressive targets by improving its facilities and equipment, Revenues 12.6% n/a n/a investing in modern wide body aircraft to increase its Net income -28.0% n/a n/a market share in the region and improve efficiency.
    [Show full text]
  • Foreign Ownership Restrictions Lifted for Airports and Finance Companies in This Issue
    Newsletter 04-2016 IN THIS ISSUE Newsletter Spring 2016: Foreign Ownership Restrictions Lifted for Airports and Finance Companies In This Issue: 1. Vietnam permits private and foreign investments in airports; 2. Foreign ownership cap on limited liability finance companies is lifted; 3. New Civil Code will take effect January 2017; 4. New Penal Code removes “illegal conduct of business” but may subject corporate entities to new types of offenses; 5. Legal framework for offshore trade of securities is introduced; 6. Securities trading rules become more flexible. Investment in Airports Government Decree 102/2015/ND-CP (Decree 102) permits private investments in airports Vietnam’s aviation industry has seen strong growth over the 2020. This includes the Long Thanh International Airport in past few years. The country was the third fastest growing avia- Dong Nai Province. Decree 102 crystallizes the Government’s re- tion market in the world during the period 2001-2014, with an cent announcement and endeavor to invite private investments average growth rate of 14.5 percent in passenger traffic and 15.3 in airports in an effort to find adequate funding to serve the pro- percent in freight traffic. jected growth. Vietnam’s government has announced that it intends to increase Vietnam is calling for investments to upgrade Vinh airport to an the number of airports in the country from 22 to 26 by the year international airport, to upgrade Chu Lai airport, to develop Page 1 VILAF IS A FIRST TIER LAW FIRM IN VIETNAM Chambers Asia, Asia Legal Business and IFLR Long Thanh International Airport, Van Don airport, and types of airport assets attached to land: Phan Thiet airport, amongst others.
    [Show full text]
  • AIRPORTS CORPORATION of VIETNAM (Incorporated in the Socialist Republic of Vietnam)
    AIRPORTS CORPORATION OF VIETNAM (Incorporated in the Socialist Republic of Vietnam) AUDITED SEPARATE FINANCIAL STATEMENTS For the year ended 31 December 2018 AIRPORTS CORPOR.A,TION OF' VIETNAM 58 Truong Son, Ward 02, Tan Binh District Ho Chi Minh City, Vietnam TABLE OF CONTENTS CONTENTS PAGE(S) STATEMENT OF THE BOARD OF EXECUTIVE OFFICERS 1-2 INDEPENDENT AUDITORS' REPORT 3-4 SEPARATE BALANCE SHEET 5-6 SEPARATE INCOME STATEMENT 7 SEPARATE CASH FLOW STATEMENT 8-9 NOTES TO THE SEPARATE FINANCIAL STATEMENTS 10-58 AIRPORTS CORPORATION OF YIETNAM 58 Truong Son, Ward 02, Tan Binh District Ho Chi Minh City, Vietnam STATEMENT OF THE BOARD OF EXECUTIVE OFFICERS The Board of Executive Officers of Airports Corporation of Vietnam (the "Corporation") presents this report together with the Corporation's separate financial statements for the year ended31December20l8. THE BOARDS OF DIRECTORS, SUPERVISORS AND EXECUTIVE OFFICERS The members of the Boards of Directors and Executive Officers of the Corporation who held the Corporation during the year and to the date of this report are as follows: Board of Directors Mr. Lai Xuan Thanh President Mr. Vu The Phiet Member (appointed on 24 July 2018) Mr. Le Manh Hung Member (resigned on 24 July 2018) Mr. Dao Viet Dung Member Ms. Le Thi Dieu Thuy Member Board of Supetttioots Ms. Huynh Thi Dieu Head ofBoard of Supervisors Ms. Le Thi Huong Giang Member Mr. Nguyen Huu Phuc Member (appointed on 4 May 2018) Ms. Hoang Thi Thanh Member (resigned on 4 May 2018) Board of Executive Officers Mr. Vu The Phiet Chief Executive Officer (appointed on 10 August 2018) Mr.
    [Show full text]
  • Potential Economic Corridors Between Vietnam and Lao PDR: Roles Played by Vietnam
    Munich Personal RePEc Archive Potential economic corridors between Vietnam and Lao PDR: Roles played by Vietnam Nguyen, Binh Giang IDE-JETRO 2012 Online at https://mpra.ub.uni-muenchen.de/40502/ MPRA Paper No. 40502, posted 06 Aug 2012 12:14 UTC CHAPTER 3 Potential Economic Corridors between Vietnam and Lao PDR: Roles Played by Vietnam Nguyen Binh Giang This chapter should be cited as: NGUYEN, Bing Giang 2012. “Potential Economic Corridors between Vietnam and Lao PDR: Roles Played by Vietnam” in Emerging Economic Corridors in The Mekong Region, edited by Masami Ishida, BRC Research Report No.8, Bangkok Research Center, IDE-JETRO, Bangkok, Thailand. CHAPTER 3 POTENTIAL ECONOMIC CORRIDORS BETWEEN VIETNAM AND LAO PDR: ROLES PLAYED BY VIETNAM Nguyen Binh Giang INTRODUCTION The Third Thai-Lao Friendship Bridge over the Mekong River officially opened on November 11, 2011, facilitating cross-border trade along Asian Highway (AH) 15 (Route No. 8) and AH 131 (Route No. 12) between northeast Thailand, central Lao PDR and North Central Vietnam. Since the establishment of the East-West Economic Corridor (EWEC) which is based on AH 16 (Route No. 9), the cross-border trade among countries in the Greater Mekong Sub-region has been much facilitated. The success of EWEC encourages local governments in the region to establish other economic corridors. Currently, it seems that there are ambitions to establish parallel corridors with EWEC. The basic criteria for these corridors is the connectivity of the Thailand-Lao PDR or Lao PDR-Vietnam border gates, major cities in northeast Thailand, south and central Lao PDR, and North Central and Middle Central Vietnam, and ports in Vietnam by utilizing some existing Asian Highways (AHs) or national highways.
    [Show full text]
  • Vietnam Airport Service Industry
    Industry Report: Airport Sector November 12nd 2018 VIETNAM AIRPORT SERVICE INDUSTRY INITIAL REPORT Vietnam Airport Service Industry Overview The Advantage of Vietnam Airport Industry An Nguyen ☎ (84) 28.628.780.23 The Role of Government [email protected] Huge Investment Capital Demand Ahead Vietnam Airport Service Industry Overview Vietnam Airport Service industry is one of the most beneficial sector from the growing of the middle class segment and rising tourists to Vietnam. At present, more people have high chance to access to air travel as previous. As regards the business, Vietnam airport service providers generate revenue from charging a wide range of fees (e.g., airport security, passenger, landing and take-off fees) as well as leasing retail space within airports. Since the industry is still at early growth phase and mostly dominated by State-owned enterprises, there are not many private companies operating in. Going to detail, Vietnam Airport Corporation (ACV) is a monopoly player in the industry. The Advantage of Vietnam Airport Industry The two primary advantages of Vietnam airport industry are a large airport network and high growth opportunity. Vietnam has 23 airports scattering from North to South of the country and divided into two groups. The total designed capacity of 22 airports is 82 mn passengers while the current utilization rate of total airports is only 111%. Therefore, almost the airports in Vietnam are overloaded which creates a condition for the industry to grow in the future. In coming years, there are three main motivaters supporting for the growth of the industry: 1) sustained strong GDP growth; 2)the boom of tourism industry and 3)the growing cargo volume transported by aviation channel.
    [Show full text]
  • L. Airports Corporation of Yietnam
    EL L. AIRPORTS CORPORATION OF YIETNAM (Ircorporated in the Socialist Reptblic of Vietnam) AUDITED SEPARATE FINAI\CIAL STATEMENTS For the year ended 31 December 2019 NRPORTS CORPORATION OF VIETNAM 58 Truong Son, Ward O2,TanBinh District Ho Chi Minh City, Vietnam TABLE OF CONTENTS CONTENTS PAGE(S) STATEMENT OF THE BOARD OF EXECUTIVE OFFICERS t-2 INDEPENDENT AUDITORS' REPORT 3-4 SEPARATE BALANCE STIEET 5-6 SEPARATE INCOME STATEMENT 7 SEPARATE CASH FLOW STATEMENT 8-9 NOTES TO THE SEPARATE FINANCIAL STATEMENTS l0-58 AIRPORTS CORPORATION OF VIETNAM 58 Truong Son, Ward D2,TanBinh District Ho Chi Minh City, Vietnam STATEMENT OF THE BOARD OF EXECUTIVE OFFICERS The Board of Executive Officers of Airports Corporation of Vietnam (the "Corporation") presents this report together with the Corporation's separate financial statements for the year ended 3l December 2019. THE BOARDS OF DIRECTORS, SUPERVISORS AND EXECUTIVE OFFICERS The members of the Boards of Directors, Supervisors and Executive Officers of the Corporation who held the Corporation during the year and to the date of this report are as follows: Board of Directors Mr. Lai Xuan Thanh President Mr. Vu The Phiet Member Mr. Dao Viet Dung Member Ms. Le Thi Dieu Thuy Member Board of Supervisors Ms. Huynh Thi Dieu Head of Board of Supervisors Ms. Le Thi Huong Giang Member Mr. Nguyen Huu Phuc Member Board of Executive Officers Mr. Vu The Phiet Chief Executive Officer Mr. Do Tat Binh Deputy Chief Executive Officer Mr. Vo Anh Tu Deputy Chief Executive Officer Mr. Nguyen Duc Hung Deputy Chief Executive Officer (appointed on 15 January 2020) Mr.
    [Show full text]
  • Subsector Report No. 06 INSTITUTIONS
    JAPAN INTERNATIONAL COOPERATION AGENCY (JICA) MINISTRY OF TRANSPORT, VIETNAM THE COMPREHENSIVE STUDY ON THE SUSTAINABLE DEVELOPMENT OF TRANSPORT SYSTEM IN VIETNAM (VITRANSS 2) Subsector Report No. 06 INSTITUTIONS May 2010 ALMEC CORPORATION ORIENTAL CONSULTANTS CO. LTD. NIPPON KOEI CO. LTD. JAPAN INTERNATIONAL COOPERATION AGENCY (JICA) MINISTRY OF TRANSPORT, VIETNAM THE COMPREHENSIVE STUDY ON THE SUSTAINABLE DEVELOPMENT OF TRANSPORT SYSTEM IN VIETNAM (VITRANSS 2) Subsector Report No. 06 INSTITUTIONS May 2010 ALMEC CORPORATION ORIENTAL CONSULTANTS CO. LTD. NIPPON KOEI CO. LTD. Exchange Rate Used in the Report USD 1 = JPY 110 = VND 17,000 (Average Rate in 2008) PREFACE In response to the request from the Government of the Socialist Republic of Vietnam, the Government of Japan decided to conduct the Comprehensive Study on the Sustainable Development of Transport System in Vietnam (VITRANSS2) and entrusted the program to the Japan International cooperation Agency (JICA) JICA dispatched a team to Vietnam between November 2007 and May 2010, which was headed by Mr. IWATA Shizuo of ALMEC Corporation and consisted of ALMEC Corporation, Oriental Consultants Co., Ltd., and Nippon Koei Co., Ltd. In the cooperation with the Vietnamese Counterpart Team, the JICA Study Team conducted the study. It also held a series of discussions with the relevant officials of the Government of Vietnam. Upon returning to Japan, the Team duly finalized the study and delivered this report. I hope that this report will contribute to the sustainable development of transport system and Vietnam and to the enhancement of friendly relations between the two countries. Finally, I wish to express my sincere appreciation to the officials of the Government of Vietnam for their close cooperation.
    [Show full text]