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Thứ Hai, 16 tháng 10, 2017

Industrial Park Welcome the “Wave” of Investment from TPP

Trans-Pacific Partnership (TPP) between the 12 members, including Vietnam, has recently concluded negotiations after more than 5 years of hard working.
Before that, many enterprises with foreign direct investment (FDI) have come to establish factories and business in Vietnam to prepare for the economic benefits that TPP brings.
According to Long An Economic Zone Authority (LAEZA), up to September 30th, they have received 122 investment projects, increase by 14.02% compared to the same period in 2014.
In which there are 67 FDI projects with a total investment of over 395 million USD, increase by 2.37% over the same period in 2014. Enterprises mostly invest in such areas as apparel, footwear, textile, plastic… and factories located mainly in the industrial zone in Ben Luc, Duc Hoa, Can Giuoc.
Tan Tao Group (ITA), the investor of Tan Duc Industrial Park said that in September, Long An Provincial People’s Committee, the Ministry of Science and Technology and the Ministry of Natural Resources and Environment have approved Trillions Corporation (USA) to invest in Tan Duc industrial park phase 2 in Duc Hoa.
This project is a 30 hectares complex with an expected investment of 120 million USD, which is invested by the Trillions Group and their partners  like Cosmo, CHA Technologies, Starensier US, Mountian Star, Billion TW… to provide products for Adidas and Nike, as well as catching up with the opportunities from TPP in the future.
The business opportunities after Vietnam signed the free trade agreement (FTA) and the outlook from TPP has attracted waves of FDI as well as the shift of investment projects from China to Vietnam.
Earlier, in August, Long An Provincial People’s Committee has granted investment certificate for the spinning factory of Huafu Group (Hong Kong) with an area of 35 ha and a total investment of over 300 million USD.
The project has a planned capacity of pulling 30,000 tons mill per year, estimating to contribute more than 3,000 jobs for local workers.
Huafu is one of the largest economic conglomerate specialized in spinning with experience of more than 20 years of development in Hong Kong. Moreover, they are the world’s largest supplier of high-end color yarn for the textile industry of more 60 countries and regions, such as Europe, America, Japan, Korea and Southeast Asia.
Regarding FDI in the past 9 months, total FDI in industrial parks, economic zones throughout the country reached more than 8.7 billion USD, increase by 12% over the same period.
A recent study from Standard Chartered Bank showed that there is a shift of investment capital from China to ASEAN countries to take advantage of opportunities.
Approximately 44% of units involved in the study chose Vietnam because of large domestic market, 29% choose because of lower operating costs and 18% choose because of abundant labor.
As for the garment industry, when the TPP takes effect, this is the advantaged industry therefore large foreign companies have landed in Vietnam in recent years.
To welcome new waves of investment, many localities like Ho Chi Minh City and Long An have adjusted the investment policy or extended the area of the industrial park.
ANT Consulting is here to assist you from the outset; providing intelligence, information, management or support and administrative 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: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn

Pho Noi Textile Industrial Zone (Under Pho Noi B Industrial Zone)

Geographic location:
Located near the intersection of Highway 5 and Highway 39, linking the major economic centers in the north, 28 km from Hanoi, 73km from Hai Phong, 90 km from Cai Lan Port, 40 km from Noi Bai International Airport, 15km from Lac Dao railway station (Ha Noi – Hai Phong), next to the Hung Yen custom clearance station and Thang Long urban zone.
Planned area:
120.8 hectares. In particular, phase 1: 25.17 hectares, phase 2: 95.6 hectares.
The sector attracting investment project:
Textile and other industries, particularly sectors that need industrial wastewater treatment are preferred.
Industrial zone technical infrastructure:
The industrial zone has been completed the construction of technical infrastructure for the first phase on an area of 25 hectares, including internal industrial zone road system, water supply and drainage systems, power supply, fire protection system, water supply plant with capacity of 8.500m3/day and night, and sewage treatment plant with capacity of 10,000 m3/day and night according to the European standards that have been completed and put into use. Phase 2 has completed the ground clearance the whole area under planning and started implementation of infrastructure construction in an area of approximately 30 hectares of industrial land.
Investment project attraction status:
By the end of the first quarter of 2016, the industrial zone has received 23 investment projects, including 10 domestic investment capital projects and 13 foreign investment capital projects with total registered capital of 1,000 billion VND and 109 million USD. The total subleasing area is 46 hectares, accounting for 49% of industrial land can be leased. A number of projects that have large-scale capital are: Kien Thinh Zhejiang Corporation, Carvico S.P.A Co., Ltd, Linea Aqua (Private) Limited.
Owner of Pho Noi Textile Industrial Park:
Pho Noi Textile Infrastructure Development Joint Stock Company
For more information, please contact ANT Consulting.
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: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn

Thang Long II Industrial Zone (Under Pho Noi B Industrial Zone)

Located adjacent to Highway 5 (Hanoi – Hai Phong); 30 km from Hanoi, 70k m from Hai Phong port, 110km from Quang Ninh deep-water port.
Scale of land area:
345.2 hectares
In which: Stage 1: 219.6 hectares, 154 hectares of land area for rent
Stage 2: 125.6 hectares, 101 hectares of land area for rent.
Industrial zone technical infrastructure:
Stage 1:
Thang Long Industrial Zone II has completed the work of compensation, site clearance the whole land area of the industrial zone and has completed construction of technical infrastructure on an area of 154.4 hectares.
The system of internal road in the industrial zone, water supply and drainage systems, power supply, firefighting system, water supply plant with capacity of 4,500 m3/day and night and wastewater treatment plant with capacity of 3,000 m3/day and night have been completed and put into operation. Investors are actively investing in building infrastructure for the remaining part of the 65,3 hectares area.
Phase 2: In 2011, the Government has agreed to supplement Thang Long Industrial Zone II to the list of industrial zones that are expected to expand in 2015, with an area of 125.6 hectares. So far, investors are carrying out of compensation, site clearance and ground leveling to implement phase 2 according to the registered progress.
The sector attracting investment project:
Projects in the field of manufacturing of electronic products and precision engineering; the electronic engineering industry, transport machinery, light industry; industrial gas production.
Investment project attraction status:
By the end of 2012, industrial zone has received over 36 projects from Japan with a total investment of 1,040 million USD, including a number of projects with large-scale capital: the projects of Hoya Glass disk Company, Hamaden Company, Toyota, Kyocera Vietnam Co., Ltd… Currently, the total land area of Phase 1 is 106 hectares with occupancy rate of 70% of the land area which is capable for rent in phase 1 (106/154 hectares). In total registered projects, there are 21 projects went into operation, creating jobs for about 4,000 workers.
Owner of Thang Long II Industrial Zone:
Thang Long II Industrial Zone Co., Ltd
For more information, please contact ANT Consulting.
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: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn

Market Entry

International corporations would face challenges to understand the Vietnam market in both commercial and regulatory terms. We aim to assist clients to fill that gap. Our market entry services cover a range of services that help the clients to do business in Vietnam in a cost effective ways through:
We understand the challenges you are facing, and we help you with strategies that work best for you.
Let ANT Consulting help your business in Vietnam.

Trade Promotion

At ANT Consulting, we assist foreign organizations, corporations to promote trade in Vietnam.

In particular, we assist cients to identify potential partners, get details company and general industry reports and determine marketability of products or services.  At request, our consultants arrange personalied business matchmaking with Vietnam business partners leveraging on our customized market briefings, research and advice.  Further, an action plan could be developed to support client reaching agreements considering both commercial and legal aspects.
We keep regular contact with foreign trade promotion organizations globally i.e. FinproEnterprise IrelandtrAIDe, and other organizations and make ourselves available for their requests to assist business leaders of enterprises from those countries to come and visit Vietnam for trade promotion purposes.

Thứ Hai, 2 tháng 10, 2017

Passing Thailand, Singapore, Vietnam Leads the Region in The PMI Index









Passing Thailand, Singapore, Vietnam Leads the Region in The PMI Index


Japan-Vietnam economic cooperation will form a new value chain

In terms of PMI index, Vietnam has passed Thailand and Singapore. In shows that Vietnam business environment has been strongly improved.
Vietnam’s Purchasing Managers’ Index (PMI) has risen from 51.8 in August to 53.3 in September. Nikkei evaluated that the business conditions of the month had a strong improvement, achieving the best speed since April. Accordingly, the health of this field is positive during the past 22 months.
Ranking the countries according to the PMI index of the month, Vietnam continued to lead the overall growth list with the PMI index rising to a high in September. The Philippines advanced to the second position with 50.8 points, although overall growth is still light.
Indonesia with 50.4 points indicates that business conditions continue to be improved while Thailand has rebounded to 50.3 points after a decline in the previous two months. After the improvement last month, Malaysia (49.9 points) recorded almost unchanged production conditions in September. Meanwhile Singapore (48.6 points) fell into the decline. Myanmar (49.4 points) continue to have weak business conditions, although the speed of decline is light.
Analyzing the reasons for growth in Vietnam, according to the Nikkei, customer demand increased and new orders increase as a result. This is the most significant increase in 5 months. Order growth rate also improved sharply in September.
Thanks for that, inventories also fell for the third month in a row, the biggest drop since July.
Production output of Vietnam has also increased in 11 consecutive months. All three areas of the market have increased production, led by companies producing consumer goods.
In terms of input costs, Nikkei noted that due to rising raw material prices, including raw materials from China, input costs rise significantly, the strongest since May 2011. Therefore, in September 2017, for the first time in 5 months, companies must increase output prices.
According to Mr Andrew Harker from IHS Markit, the company that collected the survey results evaluated that the third quarter ended with a positive note for Vietnamese producers. As a result, manufacturers may continue to grow in the last quarter. Nevertheless, he noted that Vietnam should be cautious as inflationary pressures reappeared.

Thứ Ba, 26 tháng 9, 2017

Startup in Ho Chi Minh City Will Be as Convenient as in Singapore

A series of specific commitments has been confirmed by HCMC’s Party Secretary Nguyen Thien Nhan to help startup environment in HCMC becoming as favorable as in Singapore.

The city is committed to preparing an industrial park reserved for newly startup and innovative businesses. Secondly, the procedure for setting up new business in HCMC will be as good as in Singapore. Third, in addition to private investment, the city will also, on a case-by-case basis, pilot public-private partnerships in support of innovative entrepreneurship.
In addition to the above 3 commitments, according to Mr Nguyen Thien Nhan, HCMC will have a general information page to reflect the creative start-up activities in the area. At the same time, he decided to meet face-to-face with the startup community twice a year to listen to their mind and remove difficulties in time.
In general, in the past year, HCMC has had very specific and significant results in comparison with other provinces in terms of start-up activities. According to director of the Department of Science and Technology of HCMC, this agency has set up 5 spaces to support innovative start-ups and links with 24 business incubators with a total floor area of over 22,000 square meters. Of which, 50% capital is from socialization.
In addition, The SpeedUp 2017 program has provided financial support tools from the budget for innovative startup projects through enterprise incubators. In the past 8 months, this program has received and processed 112 innovative startup project applications. The number of selected projects was 14/112 (12.5%), which is quite high compared to the current selection rate of many investment funds (VIISA reaches 5%, VSVA reaches 8%).
This year, the HCMC Department of Science and Technology has also set up 4 Steering Committee for Innovative Ecosystems for 4 key areas of the city, including mechanics, food processing, plastic – rubber – chemistry and information technology.
With a network of 145 consultants and innovative start-up advisors from many different disciplines, up to now, 938 start-up projects have been connected to help develop business ideas. There are 3,200 individuals and start-up groups connected to investors, experts and consultancy organizations. Moreover, over 300 startup products are promoted to the community.
However, a general assessment from the Department of Science and Technology of the City, most startups in Vietnam are newly invested at the seed stage with small scale and the possibility of breakthrough growth is not high. This is a matter of concern.