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Thứ Hai, 29 tháng 5, 2017

Thailand’s FDI into Vietnam Reached 8.13 billion USD

By the end of March 2017, Thai investors had invested in 458 projects with a total registered investment capital of 8.13 billion USD, standing at the 10th position out of 115 countries and territories investing into Vietnam.
Kết quả hình ảnh cho FDI
With the determination of the two Governments and the proactive of businesses, the economic cooperation between Vietnam and Thailand will grow strongly and reach the target of 20 billion USD in bilateral trade by 2020. Vietnam-Thailand trade relation has grown by more than 40% during the past five years. Specially in 2016, the growth rate continues to reach 10% with total turnover of nearly 13 billion USD. In the coming years, the two countries’ trade will increase as the two countries move towards the implementation of the ASEAN Free Trade Agreement and other general agreements.
On the Vietnamese side, as of January 1st 2015, Vietnam has cut its tariffs by 0% on more than 8,600 tariff lines. The remaining 669 tariff lines will be reduced to 0% by 2018. On the Thai side, currently more than 9,500 tariff lines under the tariff reduction schedule of the ATIGA have been fully abolished since 2012. In that context, the two sides should organize activities to promote trade and investment; continue to encourage Thai businesses to invest in Vietnam, support Vietnamese businesses to expand their business to Thai market, contributing to balance the trade balance.
In fact, Vietnam is Thailand’s second largest trading partner in ASEAN and Thailand is the largest trading partner of Vietnam. The two countries are located on the mainland with convenient transportation. The two countries also have open policies, implementing many measures to reduce barriers, facilitate the flow of goods.
Not only a major trading partner, Thailand is also one of the countries having cooperative investment with Vietnam very early, right after Vietnam implement the policy to open and attract foreign investment. In the past few years, Thai businesses have made specific plans to increase their investment capital in advantageous areas in Vietnamsuch as retail, building materials production, thermal power, animal feeds…
The establishment of the ASEAN economic community (AEC) is a great motivation for Thai investors to bring capital to Vietnam and expand their business area. Not only towards the market of 90 million people in Vietnam, Thai businesses are far more visionary to penetrate the AEC market with a population of 600 million and a total GDP of 3,000 billion USD.

Thứ Tư, 24 tháng 5, 2017

UK Company Interested in Vietnam Aviation Market

NATS (National Air Traffic Solutions), a UK-based aviation solutions provider, has showed its ambition to set up company in Vietnam and enter the Vietnam aviation market. In addition, NATS is interested in Long Thanh Airport.
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NATS is headquartered in the UK but the company is also present in Asia and is currently implementing a globalization strategy. NATS is planning to expand its market in addition to offices currently based in Singapore, Hong Kong and Bangkok. In which, Vietnam is an important market for NATS because Vietnam aviation market is growing at a very fast speed. The number of passengers is expected to double by 2020.
Vietnamese airlines are bringing in a lot of new aircrafts. Therefore, Vietnam aviation industry is facing many challenges in terms of infrastructure and air traffic control… Therefore, NATS with experiences working and managing airports with one, two, three runways as well as the busiest airports in the world are ready to assist the Vietnam aviation authorities to operate more effectively.
Long Thanh Airport is a concern of NATS because it will be a large airport. NATS always wants to be able to deliver efficient, optimal management solutions to airports with high capacity. Currently, NATS is supporting the management of 2.4 million flights and 250 million passengers a year in the UK. Moreover, they are also involved in managing and providing solutions to many major airports in Europe. NATS has been presented in Asia for 40 – 50 years and has cooperated with gateway airports in Thailand, Hong Kong, Singapore…
NATS has met and worked with Vietnam Air Traffic Management Corporation (VATM), a member of CANSO (Civil Air Navigation Services Organization) to discuss the potential and opportunities for cooperation in the coming time.
In the short term, NATS will cooperate with VATM to open training courses, for example air traffic controllers. At the same time, NATS will learn more about the Vietnam market. If you have the opportunity and opportunity, NATS will set up a representative office in Vietnam.

Thứ Hai, 22 tháng 5, 2017

Foreign Investors Affirm That Vietnam Is Their Only Destination

Vietnam has become a production center for large projects and billions of dollars contracts to produce high value products, along with many commitments from Vietnam Government have inspired the business community to set up company in Vietnam.
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According to representative of HSBC Vietnam, in the context of the world economy with a lot of political instability, Vietnam is emerging as a bright spot in the region with the advantage of competitive labor prices, stable political and macroeconomic. Many foreign investors have confirmed that they considered Vietnam as their only investment destination in the region and that they are still expecting to expand their investment in Vietnam.
Looking at Vietnam now is a country with rapid development plus the Government’s fierce policies and the waves of FDI into Vietnam have created great opportunities for both Vietnamese and foreign businesses.
A country can only develop sustainably when domestic enterprises also develop strongly and sustainably. In order to be able to develop and survive in the future, Vietnamese enterprises truly need to reform, improve their competitiveness, invest in technology for sustainable development, improve their management skills apply science and technology, actively participate in the supply chain of FDI enterprises. These are the problems if Vietnamese enterprises want to develop sustainably.
Finally, Vietnam has huge advantages compared with other countries in the region, based on low cost labor and the strong wave of FDI into Vietnam. This is the “golden opportunity” of Vietnam to be able to carry out reforms of the country. Investors are very hopeful that the Government will continue to reform to make Vietnam become a new tiger of Asia.

Thứ Sáu, 19 tháng 5, 2017

Capital from China’s ‘Ring Road and Route’ Is Coming to Vietnam

 In response to the China Government’s initiative to build the 21stCentury Silk Road running across the Eurasian, the Chinese’s construction enterprises are actively coming to Vietnam.
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Chairman of the Hong Kong Trade Development Council (HKTDC) Vincent HS Lo has just led a delegation of 40 investors and experts to visit Hanoi and Ho Chi Minh City. The delegation includes large domestic firms (including Hong Kong) in the fields of finance, consulting, architecture, energy, water and waste treatment, engineering and construction, law and accounting, transportation…
According to Mr Vincent HS Lo, the delegations have goal to invest in areas that specially focusing on the implementation of the “Ring Road and Route”, which is implemented by the Chinese government to develop the infrastructure of the area. Vietnam is determined locating in a critical position to invest in infrastructure, so that is the key to promote trade and commerce among nations.
The delegation also has meeting with Prime Minister Nguyen Xuan Phuc, Minister of Planning and Investment Nguyen Chi Dung, Deputy Minister of Transport Nguyen Hong Truong and leaders of Hanoi and Ho Chi Minh City. Along with that, they also have meetings with many Vietnamese businesses, including big names such as Van Thinh Phat Investment Group or Sunny World Real Estate Development Company.
According to Mr Johnson Choi – CEO of Sunwah Group, with a very flexible policy of the Government of Vietnam, he believes that investment in infrastructure in Vietnam is quite feasible in comparison with other countries in Asia. Together with many businesses introduced by the HKTDC, Sunwah will work with other partners to express special interest in the 1,000 km North-South Expressway project.
Also according to Mr Choi, the Vietnamese Government is showing their support to businesses as committed. Compared with other countries in the region, the liquidity of the Vietnamese currency is at a better level. Over the past twenty years, Chinese investors have moved overseas remittances to Hong Kong quite easily.
Chairman of HKTDC Mr Vincent HS Lo believes that businesses in Hong Kong and China will have strength on infrastructure investment and set-up company in Vietnam thanks to the abundant capital and good experience. Hong Kong is the financial center of the world, so it’s easy for them to raise funds from everywhere to invest. At the same time, they have experience in most services, from consulting to construction and operation.
According to Mr Vincent HS Lo, businesses in Hong Kong and China are open to the investment and cooperation models with Vietnamese enterprises. However, the Chinese are particularly interested in the form of PPP. At the same time, the joint venture model is also considered more than the 100% capital investment to take advantage of local market knowledge of Vietnamese enterprises.
On May 14th, Chinese President Xi Jinping hosted the “Ring Road and Route” forum, with nearly 30 leaders in the world. This is an action to promote the “Ring Road and Route” initiative, in order to revive the “Silk Road” connecting Asia and Europe. Accordingly, Credit Suisse Group forecasts that China could pour more than 500 billion USD into 62 countries over the next five years to implement plans to promote its soft power.

Thứ Năm, 18 tháng 5, 2017

CIPY Starts Construction 5.7 Million USD Factory in Phu Yen

Presently, more and more foreign investors choose to set up company in Vietnam and Coilcraft Corporation is not the exception. This is the first electronic components factory to be built in Phu Yen with capacity of 500 million pieces/year with the main products are RF chip inductors and electromagnets.
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On May 13th, CCIPY Vietnam Co., Ltd (under Coilcraft Corporation, USA) has started the construction of an electronic component factory in An Phu Industrial Zone in Tuy Hoa city, Phu Yen province with the attendance of Phu Yen province’s leaders.
According to the General Director of CCIPY Vietnam Co., Ltd, the total investment for the factory is more than 5.7 million USD and 100% of the products will be exported. The establishment of this factory in Phu Yen province is part of Coilcraft Corporation’s goal to develop production in Asia.
When it comes into operation, the project will introduce and share new technology secrets, create jobs for about 2,000 workers and contribute to increase local export and import turnover.
The project is expected to be completed and put into operation in January 2018.
In order for the project to be soon completed and put into production on schedule, the Economic Zone Authority will coordinate with relevant departments, sectors and localities to continue to create the most favorable conditions for investors to complete the factory construction plan as scheduled.
On the side of the investor, the Management Board suggested that CCIPY Vietnam Co., Ltd must ensure safety, efficiency, put the factory into production and business on time, promoting the socio-economic efficiency of the project…

Thứ Ba, 16 tháng 5, 2017

Posco Energy Will Invest in Quynh Lap II Thermal Power Plant

The Government of Vietnam has agreed in principle to assign the Korean investor Posco Energy ,Energy consultant in Vietnam to research and develop the Quynh Lap II thermal power plant project under the form of a BOT contract.
Kết quả hình ảnh cho Posco Energy Will Invest in Quynh Lap II Thermal Power Plant
Under the direction of the Government, the Ministry of Industry and Trade will be responsible for working with Posco Energy to agree on a number of key issues related to the development of the Quynh Lap II BOT thermal power plant project, in which ensuring not to pollute the environment. On that basis, the Posco Energy’s proposal will be approved to direct the implementation of the next steps in accordance with the law of Vietnam.
Quynh Lap II thermal power plant project is designed with a total capacity of 1,200MW, including 2 machine units. The project is expected to be built in Quynh Lap commune, Dong Hoi Industrial Zone – Hoang Mai town, on an area of 171 ha and 37 ha of water surface. The expected total investment of the project is nearly 2.5 billion USD.
Previously, Posco Energy has also invested Mong Duong II thermal power plant in the form of BOT in Quang Ninh.
In Vietnam, foreign investors are also very interested in BOT thermal power plant projects. For example, the typical projects are Vung Ang 2, Van Phong 1, Quang Tri 1… However, due to slow investment procedures, not many projects have been granted investment certificates and gone into deployment.
ANT Consulting is here to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist market entrance, and ensure efficient business start-up operation.  Our services are as following:


We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or tel: +844 32232771 .  To learn more about us, please visit www.antconsult.vn

Chủ Nhật, 14 tháng 5, 2017

Japan Investors Expand Investment in Dong Nai

Japan is one of the two leading countries in pouring capital to invest in Dong Nai province since the beginning of this year and the main investment sector is supporting industry.
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According to the Dong Nai Department of Planning and Investment, in the first three months of 2017, the province has granted investment registration certificates to 31 projects with foreign direct investment (FDI), with total investment capital of more than 314 million USD, including 15 newly licensed projects with total capital of nearly 137 million USD and 16 projects register to increase capital with total capital increase of more than 177 million USD.
Japan is one of two leading countries in pouring capital to invest in Dong Nai province since the beginning of this year. The field that Japanese businesses invest in Dong Nai is mainly supporting industry. Dong Nai is also the province that is currently calling for investment to increase the rate of supplying input materials for enterprises and also reducing imports.
In the recent 3 years, there are large numbers of Japanese enterprise come to Dong Nai to invest. In addition to Long Duc Industrial Park, which is primarily attracting Japanese businesses, other provinces have formed subdivisions to invite Japan’s SMEs to invest. Japanese enterprises investing in Dong Nai mainly in supporting industries, electricity, electronics, mechanics, machinery…
From the beginning of 2017, there are continuously Japan’s enterprises and local governments come to Dong Nai to explore investment opportunities. Notably, 22 enterprises coming from Sakai city, Osaka operating in the fields of mechanical engineering, steel, electricity, electronics… came to Dong Nai to visit Amata Industrial Park, Long Duc Industrial Park… to learn policies and investment opportunities.
Recently, Kobelco Environmental Solutions Joint Stock Company under Kobe Steel Group has proposed to the Dong Nai authorities to invest in the clean water treatment sector of the province. Kobelco entered Vietnam at the end of 2010 with the main activities which is water treatment, wastewater, recycling, waste treatment, operation and maintenance. In Dong Nai, the company has invested in waste water treatment system in Loteco Industrial Park and Long Duc Industrial Park.
According to experts, Vietnam’s participation in new FTAs offers many opportunities for businesses operating in Vietnam, including Japanese companies. Hence, more and more Japanese companies are choosing to set up company in Vietnam.
ANT Consulting is here to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist market entrance, and ensure efficient business start-up operation.  Our services are as following:


We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or tel: +844 32232771 .  To learn more about us, please visit www.antconsult.vn