Doing Business In Vietnam - SY TAN TRAN LONG HAU IP
25
DOING BUSINESS IN VIETNAM TRAN TAN SY Sales & Marketing Director [email protected] LONG HẬU INDUSRIAL PARK
-
Upload
tran-tan-sy-mr-see -
Category
Documents
-
view
1.068 -
download
7
Transcript of Doing Business In Vietnam - SY TAN TRAN LONG HAU IP
DOING BUSINESS IN VIETNAM
TRAN TAN SY Sales & Marketing Director [email protected]
LONG HẬU INDUSRIAL PARK
2
CONTENT
• Vietnam overview • Vietnam investment environment • Why Vietnam? • Why Long Hau industrial Park? • RBF Calling Project
3
Location
4
Vietnam at a glane • Area: 332,000 km2 • Coastal line: 3.440 km • Population: 88 million,
– 60% is under 35 years old • Capital: Hanoi 7 MM people • Commercial hub: Ho Chi Minh
City 10 MM • GDP 2011 : 1,100 USD • Official language : Vietnamese • Location: Southeast Asia ,
bordering China, Laos an Cambodia
5
REAL GDP GROWTH
Real GDP growth 5 2010 2011 2012F 2013F 2014F Developing countries 7.4 6.1 5.3 5.9 6.0
East Asia and Pacific 9.7 8.3 7.6 8.1 7.9
China 10.4 9.2 8.2 8.6 8.4 Indonesia 6.2 6.5 6.0 6.5 6.3 Thailand 7.8 0.1 4.3 5.2 5.6 Vietnam* 6.8 5.9 5.6 6.3 7.0
Source: WB The global outlook in summary, 2010-2014 * IMF World Economic Outlook April 2012
6
Top 10 Urban Average Real GDP Growth in 2008 – 2025
7
Vietnam FDI inflow Top 10 FDI by country ( Update Nov. 2012)
No Country No. f Projects
Registered Capital ( BN
USD) %
1 Japan 1800 29.00 14% 2 Taiwan 2266 26.39 12% 3 Korea 3159 24.65 12% 4 Singapore 1091 24.64 12% 5 BritishVirginIslands 519 15.97 8% 6 Hongkon 693 11.96 6% 7 Malaysia 432 11.34 5% 8 USD 634 10.45 5% 9 Cayman Islands 53 7.50 4%
10 Thailand 297 5.99 3% Source: Vietnam GSO
- Japan rose no. 1 from no. 3 in 2009
8
INVESTORS
2012 : 574.8 MM USD
2010: 250 MM USD 2012: 870 MMUSD 2010 : 1 Billion USD
4 factories, 400 MM USD
To 2011: 470 MM USD 2012 (P): 700 MM USD
2012 : 441 MM USD
9
Why Vietnam?
88 million people Average GDP Growth : 7.1% Growing Middle Class
Attractive policy ( detail below)
Government Stability Co Communist State Member of WTO Trade Agreement w with 70 countries : U US, EU, Japan…
• 60% under 35 years old
• 94 % literacy • Unskilled labor:120
USD/ month Competitive Labor Cost
Stable Political
Potential Market
Tax Incentive
10
Stable Political
11
Labor Force • Young and Diligent Workforce
– 60% under 35 years old
• High Literacy Rate: 94 % • Competitive Labor Cost
– Unskilled worker’s monthly wage: 120 USD
12
Tax Incentive
• Zero Tax on: – Raw Material / Components For Export – Dividends Remitted – Capital Equipment
• Attractive Policy: – Incentive tax for High-Tech; scientific research; infrastructure
developer; software; healthcare… Corporate income tax 10%. Incentive: 0% for first 4 years; 50%
discount for the next 9 years
13
Potential Market • 13th Most Populous Country
– 88 million people
• GDP 2012 1,100 USD/ cap • Average GDP last 10 year: 7.1% • Growing Middle Class
March 2012, in Tan Phu District, HCMC
14
National
Wages (US$/month) Land price/Office rents (US$) Workers (general workers)
Engineers (mid-level engineers)
Legal minimum wage
Industrial Estate (land) purchase rate
Industrial Estate rent ( RBF) (monthly, per sq.m)
Viet Nam (HCM)
114 265 79.49 100 4 - 6
Thailan (Bangkok)
263 588 183.3 92 6.89
Indonesia (Batam)
240 406 130 78 3.10 – 4.65
Philippin (Manila)
236 388 185.9 48 - 52 1.7
China (Shenzhen)
235 530 167 28 - 109 4.55
Comparative Survey of Investment-Related Costs – Jetro August 2011
Vietnam has competitive wages, only 40% of Thailan, Indonesia, Philippine, China
15
Comparative Survey of Investment-Related Costs – Jetro August 2011
National
Public Utility rate Tax Electricity rate for
business use (per kWh)
Water rate for business use (per cu.m)
Gas rate for business use (per cu.m)
Corporate income tax rate
Personal income tax rate
(highest rate, %)
Valued-added tax
(VAT) (standard, %)
Tax on dividends remitted to Japan (highest rate, %)
Viet Nam (HCM)
(1) 0.028 (2) 0.051 (3) 0.099
0.69 1.1 - 1.2/kg 25% 35%
0% . 5%. 10% 0%
Thailan (Bangkok)
0.12 0.31-0.52 Rate per cu.m: 4.53 30% 37% 7% 10%
Indonesia (Batam)
0.12 1.16
Rate per 1mmBtu: 6.4 25% 30%
10%
(1) 10% (2) 15%
Philippin (Manila)
0.13 1.39-1.68 1.41/kg 30% 32% 12% 15%
China (Shenzhen)
0.03-0.16 0.47-1.44 Rate per
cu.m: 2.37 25% 45% 17% 10%
- Vietnam has lowest electricity fee. Especially, It’s free for dividends remitted
16
WHY LHC?
LHC
Saving Time
Saving Cost
Sustainable Development
17
Overview Long Hau Industrial Park
12 km
Location: - 12 km from Phú Mỹ Hưng - 19 km from Sài Gòn - 30 km from Tân Sơn Nhất Airport - 3 km to deep ports: SPCT, Sài gòn,
Establish : 5/ 2006 Owner: IPC ( the developer of Tân Thuận EPZ, Phú Mỹ Hưng city…) Scale: - Long Hậu IP: 248 ha, occupancy
rate: 70% - Long Hậu 3 (developing) 869 ha, 3.5
km from Long Hậu
18
Saving Time • Near to HCMC, • Infrastructure ready for building • Ready built factory available • 15 days for Business Certificate
19
Saving Cost • Free:
– Legal support for start up business – Construction Project management
• Low cost: – Logistic : Near to port ( only 3 km) – Virtual office: Shared office Outsourcing
service : Accountant, HR service , Reception
20 LONG HẬU IP LONG HẬU –
HOÀ BÌNH IP
Amata IP VSIP
TÂN TẠO IP
TÂN THUẬN
SÀI GỎN PREMIER
CONTAINER PORT
21
Saving time & Cost
KCN To Phú Mỹ Hưng (km-miniute)
Cát Lái Port Km - minute
SPCT Port
Tân Sơn Nhất Airport
Land Price
RBF USD Month/ 1 m2
Tân Thuận 7 km - 15’ 11 – 20’ 20 – 35’ 20 – 45’ 250 / 30 years
6
VSIP I 42 km - 90’ 30 – 60’ 42 – 90’ 42 – 100’ 90 / 35 years
4.5
AMATA 40 km – 80’ 35 – 70’ 52 – 90’ 52 – 100’ 85 / 37 years
4.5
Long Hậu 12 km - 25’ 25 – 35’ 3 – 10’ 26 – 55’ 105/ 47 years
4 – 5
Long Hau – Hoà Bình
35 Km – 35’ 45 – 60’ 45 – 60’ 39 – 60’ 55 / 47 Years
3.5 - 4
22
Sustainable Development
• Save the environment : ISO 14001 : 2004 • Customer Service ( Japanese, English, Chines, Korean) : ISO 9001:
2008 • Stable living environment for worker and expert:
– Dormitory – Convenience Store – Kindergarten – Leisure Service – Japanese Language Center
23
Structure of Tenants
66 58%
36 32%
5 4%
4 3%
3 3% VN
Japan Korea Eu & Us Asean
There are 36 Japanese tenants, proportion of JP companies is 32% Proportions of precision mechanical, machinery and labor – intensive industry (garment industry) are very high
17 47%
9 25%
4 11%
6 17%
Precision Mechamical Garment, Leather, package, lable Machinery
Others
24
Our Customers
25
Thank You
• Contact information:
- JAPANESE / ENGLISH MR. HIẾU – Foreign Account Manager Tel: +84-963 021 768 Email : [email protected] MR. LÀNH – Sales Manager Tel: +84-914 191 616 Email : [email protected] - CHINESE MS. NGUYỆT – Sales Manager Tel: +84-902 893 337 Email : [email protected]
