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Thứ Sáu, 28 tháng 4, 2017

Strengths in FDI Attraction of Vietnam

Vietnam has many strong points in FDI attraction that foreign investors are very interested in. This has made Vietnam an attractive destination for investors to set up company in Vietnam.
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Firstly, the stable security and political situation is an important condition for deciding to set up long-term investment activities in Vietnam. Moreover, Vietnam has a favorable geographic position in trade with the world as well as a connection hub of the region and a gateway to penetrate economies in the western part of the Indochina Peninsula. Third, with a population of 92 million people, Viet Nam has the advantage of abundant and quality labor force with competitive labor costs. In addition, with 12 new generation free trade agreements and Vietnam’s entry into the ASEAN Economic Community (AEC), it is a good opportunity for Vietnam to connect with Asean market with over 600 million population and also the world market.
The institution, law and transparency of Vietnam are gradually being completed associated with integration, not only enabling investors to be reassured for long-term operation, but also help enterprises to participate in the supply chain, global value chain in a convenient way.
The field that foreign investors consider as strength of Vietnam is the manufacturing, processing industry. Up to now, this sector has attracted the most foreign investors with 11,833 investment projects with total registered capital reached over 175 billion USD (accounting for 51.6% of the total number of projects and 58.9% of total registered capital in Vietnam). Such investment structure is evaluated positively and place strong impact on the development of Vietnam’s industries in line with the country’s industrialization and modernization policy.
In the coming time, Vietnam will continue to prioritize attracting investment projects in the fields of supporting industries, projects with advanced technology, environmentally friendly and efficient use of the resources, minerals, land; facilitate and strengthen the connection with domestic enterprises.
Over the past years, Vietnam’s business and investment environment has been constantly improving in  the open and transparent way, in line with international standards. In the context of Vietnam’s increasingly deep integration into the world economy, it will increase the attractiveness and competitiveness of Vietnam in attracting foreign investment, especially multinational corporations.
In addition, FDI enterprises have contributed to the socio-economic development of Vietnam. In recent years, the proportion of foreign investment in total investment always accounting for about 25%; contributing over 20% to GDP; contributing to the state budget and creates millions of jobs for employees.
Foreign investment capital continues to increase annually. From 2013 to now, the registered FDI capital is over 20 billion USD. Furthermore, the results of production, business, export, import and state budget contribution of FDI enterprises also achieved superior results.
In addition, the FDI sector has a spillover effect on other sectors of the economy; raising domestic investment resources, shifting economic structure, reforming state-owned enterprises and administrative procedures, improving market economy institutions and promoting international economic integration.
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

Thứ Tư, 26 tháng 4, 2017

Japanese Investors Want to Implement Kobe Cow Raising Project

Livestock breeding is one of the important economic sectors in Vietnam.  However, it appears that due to the competition pressure, disease, and lack of the control of the authority, the quality of the products have been negatively impacted.  It is important for Vietnam to encourage project to set-up business in Vietnam in animal breeding to create a better competition environment, with high quality standard of products to be produced under a better control of the local state authorities.
Kết quả hình ảnh cho Dự án Nuôi ngựa Kobe
Mr. Hironori Sakai, Secretary General of the Vietnam-Japan Friendship Association, had just have working visit to Quang Binh province (Vietnam) to survey implementing the Kobe cow raising project.
The delegation was welcomed by Vice Chairman of Quang Binh People’s Committee Mr. Nguyen Xuan Quang and leaders of Departments of Planning and Investment, Agriculture and Rural Development, Natural Resources and Environment, Foreign Affairs, Port Authority, Provincial Customs Department.
At the meeting, leaders of the Quang Binh Department of Agriculture and Rural Development reported on some issues related to the Kobe cow raising project in the province.
Accordingly, the Department has also introduced the locations in Quang Tien, Quang Luu Commune (Quang Trach District) and Truong Xuan, Truong Son (Quang Ninh District) for investors to select and deploy the project.
At the present, the whole province has about 2,200 hectares of grass and maize for cattle feed. When implementing the project, the Department will direct localities to actively convert other areas of rice and inefficient crops into grass and maize to ensure sufficient feed supply for the project.
Speaking at the meeting, Mr. Nguyen Xuan Quang stressed that the investment in cattle breeding project in Quang Binh is in line with the provincial policies and orientations. The province is willing to create favorable conditions for Japanese business delegations to explore the necessary conditions for the investment procedures.
In addition, Vice Chairman Nguyen Xuan Quang also requested the Japanese business delegation to coordinate with the relevant departments and localities to complete the legal procedures to implement the cow raising project in Quang Binh province in the shortest time.
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

Thứ Ba, 25 tháng 4, 2017

New Solar Power Plant Project in Binh Dinh

Solar energy is encouraged to invest by Vietnam Government. Therefore, there were many foreign business delegations come to Vietnam to find out opportunities in this area.
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On January 11th 2017, Chairman of Binh Dinh Province has met and worked with the President of Truong Thanh Investment and Development Co., Ltd (Vietnam) and Truong Thanh’s partners from Japan and Spain to find out opportunities to invest in solar energy plant project in Binh Dinh, Vietnam.
According to representatives of Truong Thanh, in recent time, the Company has made the solar power plant investment project proposal in Cat Hiep commune, Phu Cat district, Binh Dinh province. The project capacity is 95mW, using land area of about 150 hectares.
The expected investment capital for plant construction is 4,000 billion VND. Tuong Thanh Company wants to be supported by leaders in Binh Dinh Province and relevant local Government agencies with the investment procedures.
According to Chairman of Binh Dinh Province, they are always welcome and encourage enterprises to invest in power plant using renewable energy, which is very environmentally friendly.
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

Thứ Hai, 24 tháng 4, 2017

Private: Many Incentives When Investing in Solar Power Projects

According to Decision No. 11/2017/QD-TTg, organizations and individuals involved in the development of solar power projects are entitled to investment, tax and land incentives.
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Specifically, organizations and individuals involved in the development of solar power projects can legally mobilize capital from domestic and foreign organizations and individuals to invest in the implementation of solar power projects in accordance with the provisions of current law.
Solar power projects are exempted from import duties on imported goods to create fixed assets for the project; complying with the current law on import tax and export tax on goods imported for production of projects which are raw materials, supplies and semi-finished products which cannot be produced at home.
The exemption and reduction of corporate income tax for solar power projects shall be implemented the same as for projects in the field of investment incentives in accordance with current tax law.
On land preference, the Decision stipulating that solar power projects, transmission lines and transformer stations for connecting to electricity grids shall be exempt from or reduce land use fees, land rents and water surface rents in accordance with current law applies to projects in the field of investment incentives.
Based on the planning approved by competent authorities, the provincial people’s committees create conditions for arranging land funds for investors to carry out solar power projects. The compensation and support for ground clearance shall be implemented in accordance with the current land legislation.
The decision also specifies that organizations and individuals investing in the construction of solar power projects have the responsibility to install solar power equipment must ensure the safety of structures and work safety in accordance with the current regulations.
The investment in the construction of solar power projects shall comply with the current law provisions on investment, construction, fire prevention and fighting, environmental protection and other relevant regulations.
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

Thứ Năm, 20 tháng 4, 2017

Guardian Corporation Opens Its 49th Retail Store in Vietnam

Guardian Vietnam has opened its 49th retail store in Royal City (Thanh Xuan district, Hanoi), confirming the aggressive investment and development strategy of the Guardian brand in Vietnam.
Kết quả hình ảnh cho Guardian Corporation Opens Its 49th Retail Store in Vietnam
Guardian is the retail chain of health and beauty products, under Dairy Farm Group, one of Asia’s leading retailers on beauty and health stores, convenience stores, supermarkets and hypermarkets through many famous brands such as Guardian, GNC, IKEA, 7-Eleven,… Dairy Farm Group operates with nearly 6,000 retail outlets in more than 12 countries across Asia.
Starting its operation in Vietnam since September 2011, Guardian Vietnam has rapidly expanded its business in the Southern of Vietnam with a network of 39 outlets in Ho Chi Minh City (HCMC), two outlets in Bien Hoa and two outlets in Vung Tau. Products that are sold at Guardian stores are very diverse, including cosmetics, skin care, health care…
It is known that the Guardian Vietnam plans to expand its network of local stores to about 65 stores by the end of 2017.
With the launch of the new retail store in Royal City on April 15th 2017, the Guardian brand officially marks the 6th store in Hanoi, bringing the total number of Guardian stores nationwide to 49.
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

Thứ Ba, 18 tháng 4, 2017

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

Thứ Sáu, 14 tháng 4, 2017

French President Visits Vietnam

On September 5th 2016, Mr François Hollande – President of the Republic of France start visiting Vietnam at the invitation of the President of Vietnam – Mr Tran Dai Quang.

During the visit, the two parties will check, review and concretize the connotations towards promoting cooperation and further strengthen political relations, exchanging high-level visits on both bilateral and multilateral levels. Moreover, both parties will review and further improve the efficiency of cooperation mechanisms between the two countries.
The visit is also an opportunity for both sides to promote the economic cooperation in the fields of infrastructure, climate change combating, science – technology, health, agriculture… This is also an opportunity for France and Vietnam together to discuss international issues. The visit of President François Hollande will last for 3 days.
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