Transcript Viet Nam - Foreign Trade

VIETNAM-CZECH
COOPERATION
POTENTIAL & OPPORTUNITIES
Prague, September 22nd 2014
Vietnam Commercial Office in CZ
CONTENTS
1. Overview on Vietnam
2. Foreign trade performance
3. Vietnam – why now
4. Examples - projects attracted
5. Contact address
2
Viet Nam at a glance
Centre of Southeast Asia
Land area: 331,698 sq. km
Coastline: 3,260 km
Population: < 90 million
Labor force: > 55 million
Percentage in GDP:
41% industry, 22% agriculture, 37% service&trade
3
Economic profile
Period 2003-2013
 GDP grow rate reached 5.5-7% per annum
Forecast 2014: GDP grow rate 5.8%
Shift of economic structure toward market scheme
WTO accession in 2007
Negotiating EU-Vietnam FTA
Viet Nam is one of the 15 most attractive economies for
investors in such aspects:
 The speed of market development
 Penetration of the regional market
 Skilled/cheap labor and investment incentives
 Infrastructure’s improving
(UNCTAD)
4
Foreign trade performance in 2013
Exports: US$ 133 billion ( increase 15%)
 Seafood: US$ 6.7 billion
 Garment and textiles: US$ 17.9 billion
 Shoes and bags: US$ 8.4 billion
 Wood furniture: US$ 5.6 billion
 Oil: US$ 7.3 billion
 Rice: US$ 2.9 billion
 Coffee: US$3.6 billion
 Spares& Equipment: US$ 6.1 billion
 Mobile phones: US$ 21 billion
 Computers&spares: US$ 11 billion
 Top 1 to 5 in export: pepper, coffee, rice, seafood …
( Major agricultural products: fisheries, rice, cassava, coffee, pepper, tea, natural rubber,
wooden products …)
 FDI contributes US$ 80.9 billion ( excluding raw oil, increase 26.3%
compared to 2012)
5
Foreign trade performance in 2013
Imports: US$ 131.3 billion
 Animal feeds: US$ 3 billion
 Benzin: US$ 7 billion
 Plastic material: US$ 5.7 billion
 Fabrics: US$ 8.4 billion; textile-woven: US$ 8.4 billion
 Steel: US$ 6.7 billion
 Computer&Electronics: US$ 17.7 billion
 Machinery, tools and accessories: US$ 1.5 billion
 Mobiles& accessories: US$ 8 billion
 Consumer's products: US$ 5.6 billion
 FDI contributes US$ 74.2 billion (increase 23.8%)
6
Signed agreements
between Vietnam and Czech
Bilateral Economic Cooperation Agreement signed
09/2005 ;
Protocol on Inheriting Some Previous Agreements signed
between Vietnam and Czechoslovakia;
Agreement on Avoid Double Taxation;
Agreement on the Promotion and Protection of
Investment,
Air Transport Agreement ...
Vietnam-Czech trade and investment 2013:
Total import-export revenue VN-CZ : 546 million USD
Czech has > 30 projects in VN ( registered capital > 64.4
million USD)
7
7
Viet Nam-EU FTA and TPP
Vietnam-EU FTA: negotiating, active, prospect
TPP - a trade pack grouping 12 Asia-Pacific
countries
 Australia, Brunei, Canada, Chile, Japan, Malaysia,
Mexico, New Zealand, Peru, Singapore, US and Viet
Nam
One of largest trade area with combined
population of 792 million, contributes 40% of
world GDP and 1/3 of world trade
A sample for trade in the new century
Hope to be signed in the end of this year
8
What attracts investors to Viet Nam?
Socio-political stability
Continuous economic growth
 Huge market for consumption
Abundant human resources
 Young labor with high literacy, IT-savvy
 Labourious, hard-working, skilled
 New generation of corporate leaders
Low cost of materials and inputs
 Electricity, water, telecoms, air freight, leasing price
Convenient for outsource and processing industries
 Located at the heart of Southeast Asia
 Enjoy preferential tariffs by FTAs
9
Some contents from investment law
and policy in Vietnam
In general, Viet Nam’s and Czech Republic’s
economies are complementary each-other
VIETNAM ENCOURAGES/ATTRACTS INVESTORS
IN FOLOWING SECTORS:
The production of new materials, energy from renewable
sources; manufacture products using high technology
(high-tech), biotechnology, information technology;
advanced engineering ;
Animal husbandry and plant cultivation, processing of
agricultural, forestry and aquatic products; salt
production;
The application of high technology (high-tech),
modern/advanced technology; protect the environment;
research, the development of high-tech
10
CONT.
Projects to labor-intensive
Building and expansion of infrastructure ( examp.
transport infrastructure, including metro, highways,
railway, locomotives …, communication infrastructure …)
Expansion of education, health, physical education and
sport
Applying modern/advanced technology for sector of
traditional crafts
Some other sectors (energy, environmental protection,
bio-technology and machineries for agriculture, fishery,
food processing, health care ( including hospitals and
medical equipments), basic chemical industry, paper
industry, leather industry, tourism, vocational training …
11
Supported locations
Areas with very difficult economic and social
conditions
Areas with difficult economic and social
conditions
High-tech zones, economic zones (free economic
zones)
Industrial zones/parks
12
If you are going to export to Viet Nam…
Viet Nam’s becoming much freer market
 almost quotas are removed
 licenses are reduced and streamlined
 more transparent trade policy
Banned import items: arms and ammunition, porn
products, used products, uncomplied radio equipment,
right-hand cars, waste, CFC appliance, toxics.
Items imported subject to licenses or conditions: wild
animal and flora, fertilizer, medicine and medical
products, some printed matters, radio equipment, movie,
antique items, toys, some chemicals, liquor
Cars: only authorized local distributors are allowed to
import ( used cars – pollution )
13
Prepare yourselves before coming to VN
Understand the country, the culture and the people
 "You can't do business if you don't like the people"
 Invest your time, effort, money to understand
Who is a typical Vietnamese
 friendly, smiling, easy to talk to
 shy, sometimes reluctant in communicating with foreigners
 simple thinking, flexible
 Sometimes/somehow unplanned, slow/time
What you may encounter when coming to Viet Nam
 Traffic jam ( Hanoi 6 mill, Ho-Chi-Minh city 9 mill …)
 Language ( no problem -> English even sometimes/somewhere
Czech )
 Tropical weather, high humidity
14
Projects attracted
Some projects offered ( example):
 + Key projects in the coast region of central
VN;
 + Other 27 projects in the areas of Central
Coast;
 + Other ( in different sectors);
The documents printed for you
Please contact to Vietnam Commercial Office
for detail;
Examples as follows:
15
INVESTMENT PROJECTS OFFERED
BY CITIES/PROVINCES
Key projects in Central Coast Areas:
1. BACH MA MOUNTAIN ECO-TOURISM RESORT
Investment Capital: 150 million USD ;
Area: 50 ha; Schedule: 2013 – 2018
2. DA NANG INTERNATIONAL HOSPITAL PROJECT
Investment capital: 35 – 50 million USD
Schedule: 100% foreign capital
7km from city center and intl. airport
3. CHULAI MULTI-USE MECHANICAL AND
AUTOMOBILE INDUSTRIAL COMPLEX
Investment capital: 1 billion USD for 10 years
Area: 3500 ha ; Schedule : 2013 – 2023
100% domestic capital, 100% foreign capital or joint
venture
16
( cont.)
4. INVEST TO CONSTRUCT AND TRADE IN DUNG QUAT
II SEA-PORT
In Dung Quat Economic Zone
Investment capital: 80 - 100 million USD
Schedule: 2016 – 2020 ; Area: 300 ha
5. OIL FILTER & REFINING FACTORY in Quy Nhon, Binh
Dinh
Investment capital: 28,7 billion USD ( many phases)
100% of domestic capital; or Joint-venture
Nhon Hoi economic zone, 7 km from Quy Nhon city
6. SOUTH TUY HOA NEW URBAN CITY
Investment capital: 138 mill.USD;
Schedule: Depend on project
Area : 394 ha
17
( cont.)
18
7. PROJECT OF COASTAL ROUTE IN KHANH HOA
PROVINCE
Investment capital: 2.107 billion VND (Phase 1: 845,67
billion VND ; Phase 2: 1.261,33 billion VND).
Schedule: 2013-2018 ; Area: 88,61 ha; Route length: 17,99km
8. PRODUCING WIND GENERATOR PROPELLERS,
TURBINES AND PILLARS in Ninh Thuan province
Investment Capital: 1.200 billion VND
Schedule: 2013 – 2020 ; Area: 10 ha
Domestic, joint-venture or 100% foreign capital
9. TOURISM PROJECT (TA CU-BUNG THI HOT
SPRING) in Binh Thuan province
Investment capital: 105 million USD (2 phases)
Schedule: 2013 – 2020 ; Area : 310 ha
The joint venture or 100% foreign capital
Thank you for your attention
Děkuji Vám za pozornost
Obchodní Oddělení , Vietnamské Velvyslanectví v ČR:
Obchodní Rada: Nguyen Thang Long
Obchodní Atašé: Tran Hiep Thuong
Adresa: Rašínovo Nábřezí 38
12800 Praha 2, Česká Republika
Tel: +420 22494 2235
Fax: +420 22494 2132
Email: [email protected]