INVEST IN VIỆT NAM INVEST IN ASEAN

Transcription

1 INVEST IN VIỆT NAM INVEST IN ASEAN ASEAN CONNECTIVITY MINISTRY OF PLANNING AND INVESTMENT 1

2 28 June 2016 Vietnam Family Day ASEAN We are family Viet Nam 95 million people km2 round up 333k km2 GDP ranks 50 worlwide 201 bn USD & per capita 2170 USD; PPP ranks 35 worldwide 595 bn & per capita 6420 USD 1986 started economic reforms ( the year Spain joined EU) 1995 Joined ASEAN 2006 Joined World Trade Organization WTO 2015 member of ASEAN Economic community : signed and finalized negotiations on various free trade agreements with Europe and Asia- Pacific regions countries

3 Vietnam: COMPETITIVE ADVANTAGES 1. Political and social stability: ongoing democratization at all levels from the central to localities. Increasing transparency and accountability 2. Stabilization of macro economy, the rhythm of economy growth is maintained at high level of 6-6,5%/year 3. Strategic partnership with 15 countries: Russia, Germany, UK, Italy, France, Spain (1st 2009), China, Japan, India, Republic of Korea, Singapore, Thailand, Indonesia, Malaysia, the Philippines. 3

4 2020 Outlook Population: nearly 100 million GDP: $280 billion (current price), world rank: No 46 With the completion of 15 FTAs by 2020, Vietnam will become an important link in a chain of 56 important economies in the world. 4

5 Key achievements: Exports turnover of key products (USD Mil.) No. Products 2016 turnover 1 Telephones and their parts 34,3 2 Textile, sewing products 23,8 3 Computers, electronic products and parts 19,0 4 Footwear 13,0 5 Other machinery, instrument, accessory 10,1 6 Seafood 7,1 7 Wood and wooden products 7,0 8 Means of transport and equipment 6,1 9 Parts of motor 3,8 10 Coffee 3,3 Total export turnover 176,6 Source: Vietnam s General Statistics Office, Customs Office 5

6 Key achievements: Many export products in the World top 5 No. Products World rank 1 Pepper (2011) 1 2 Cashew nuts (2011) 1 3 Coffee (2011) 2 4 Coconut (2011) 2 5 Rice (2013) 3 6 Seafood (2014) 3 7 Rubber (2014) 3 8 Tea (2013) 5 Source: FAOSTAT, (most recent year is in bracket) 6

7 Key achievements: Imports turnover of key products (USD Mil.) No. Products 2016 turnover 1 Machinery, instrument, accessory 28,4 2 Computers, electronic products and parts 27,9 3 Telephones and their parts 10,6 4 Textile fabrics 10,5 5 Iron, Steel 8,0 6 Plastic materials 6,3 7 Auxiliary materials for textile, garment, leather, footware 5,1 8 Petroleum oil, refined 4,9 9 Other base metals 4,8 10 Articles of plastics 4,4 Total export turnover 174,1 Source: Vietnam s General Statistics Office, Customs Office 7

8 ASEAN We are family ASEAN 50 Leaders agreed this year 2017 to further promote the Master Plan for connectivity and Work Program for ASEAN Integration Initiative period and support Cambodia, Laos, Myanmar and Vietnam to reduce development gap as againts Brunei, Indonesia, Malaysia, Thailand and Singapore

9 Vietnam-Spain: 40 aniversario For the year 2016, in the context of constant growth during recent years, bilateral trade volume reached million Euros, of which million Euros correspond to Vietnamese exports to Spain and 387 million Euros are Spanish exports to Vietnam. Among ASEAN countries, Vietnam is by far the country having the most important bilateral trade with Spain, especially in terms of the exportation of Vietnam. 9

10 IMPORTATIONS OF SPAIN FROM VIETNAM IN 2016 No Products Millions Euros 1 ELECTRICAL APPLIANCES AND EQUIPMENT CLOTHING AND TEXTILES FOOTWEAR COFFEE, TEA, AND SPICE MACHINERY AND MECHANICAL APPLIANCES FISH, CRUSTACEANS, MOLLUSCS FURNITURE, CHAIRS, LAMPS LEATHER AND LEATHER PRODUCTS CANNED MEAT OR FISH PLASTICS PRODUCTS OPTICS, MEASUREMENT. APPLIANCES RUBBER AND RUBBER ARTICLES AUTOMOTIVE VEHICLES FRUITS AND FRUITS PRESERVATIONS TOYS, GAMES, SPORTS ARTICLES

11 EXPORTATIONS OF SPAIN TO VIETNAM IN 2016 No Products Millions Euros 1 MACHINERY AND MECHANICAL APPLIANCES CLOTHING AND TEXTILES FISH, CRUSTACEANS, MOLLUSCS ELECTRICAL APPLIANCES AND EQUIPMENTS TANNIN; COLORING MATERIALS PHARMACEUTICAL PRODUCTS PLASTICS MATERIALS ORGANIC CHEMICALS FROZEN MEATS OTHER CHEMICALS LEATHERS AND LEATHER PRODUCTS AUTOMOTIVE VEHICLES CERAMIC PRODUCTS RESIDUES OF FOOD INDUSTRY FOODS PREPARATIONS

12 INVESTMENT OF SPAIN IN VIETNAM But this investment does not include the investment of Repsol after its acquisition of Talisman Group (Canada) since The presence of Repsol in the oil and gas sector in Vietnam is accounting for some billions of Euros. Several Spanish companies in the clothing/textiles sector make their production in Vietnam but do not have a direct presence in the country. Spain's investment in Vietnam is still very small. At the end of 2016, Spain ranks number 59 among 110 countries having investment in Vietnam, with 49 projects and total investment capitals reaching 38.6 million Euros. 12

13 TOURISM The number of Spanish tourists visiting Vietnam in recent years grows progressively, reaching 33,183 visitors in 2013, 40,716 in 2014, more than 45,000 in 2015 and more than 60,000 in 2016, according to the statistics of Vietnam National Tourism Agency (VNAT) ). In the medium and long term, a strong increase should be expected. 13

14 Vietnam Spain : 40 aniversario Deputy Prime Minister-Minister of Foreign Affairs visited Spain 23-24/5/2017 Bilateral cooperation: set to inaugurate by end of 2017 Joint Commission on Economic cooperation Target set for 2020: 5 bn USD of twoway trade volume (now standing at around 3 bn USD)

15 Vietnam- Spain: 40 aniversario Means and ways to boost economic cooperation between Vietnam and Spain: Invest in Vietnam

16 Vietnam ASEAN Spain links To meet with all cooperation targets set in the triagle setting, Spain should increase strong presence in ASEAN in trade and investment Means and ways to boost economic cooperation between Vietnam, ASEAN and Spain: Invest in Vietnam

17 INFRASTRUCTURES FAVORABLE GEOGRAPHICAL LOCATIONS (3,440 km COAST LINES, SITUATED ON IMPORTANT SEALINES AND AIR ROUTES ) RAPID DEVELOPMENT AND IMPROVEMENT 4

18 ROADS BY 2020: 2500 km EXPRESS WAYS (2015: 720 km). SPEED UP INVESTMENT IN CONNECTING BY ROADS BETWEEN AND WITH ASEAN AND CHINA Hà Nội - Hải Phòng EXPRESSWAY 18

19 SEA PORTS Lạch Huyện 39 SEAPORTS INCLUDING 3 TYPE 1A FOR INTERNATIONAL TRANSIT (Lạch Huyện - Hải Phòng, Vân Phong, Cái Mép - Thị Vải) Vân Phong Cái Mép Thị Vải Lạch Huyện SEAPORT 19

20 AIRPORTS Nội Bài 21 AIRPORTS (11 INTERNATIONAL TERMINALS) Đà Nẵng Tân Sơn Nhất Long Thành Nội Bài (T2) INTERNATIONAL TERMINAL 20

21 INDUSTRIAL PARKS AND ZONES 299 INDUSTRIAL ZONES ( 43 WITH FDI) 15 COASTAL ECONOMIC ZONES 03 HIGH-TECH PARKS (BY 2030 INCREASED TO 06) 21

22 EAST-WEST ECONOMIC CORRIDOR Hanoi Vientiane Naypyidau Yangon Da Nang Mawlamyine Khon Kaen Savannakhet Dawei Bangkok Phnom Penh Ho Chi Minh 22

23 FDI BY KEY SECTORS (2016) Real estate Processing industries 23

24 FDI RANKING BY INVESTORS (02/2016) No. Investors No of projects Registered capitals 1 Republic of Korea ,39 2 Japan ,86 3 Singapore ,05 4 Taiwan ,16 5 BritishVirginIslands Hongkong Malaysia US ,32 9 China ,39 10 The Nethelands 255 8,15 Others (102) ,15 Total (112 countries) ,56 24

25 WHY INVEST IN VIỆT NAM? Cultural similarities with Spain Social and political stability Fine economic growth Deep regional and international integration ( FTA with 55 partners ) Effective connectivity with ASEAN Incentives Having good strategic partnerships including Spain Competititive labour Strategic location

26 USEFUL FDI LINKS No Website Agencies 1 National portal on foreign investment 2 Government portal 3 Ministry of Planning and Investment 4 Foreign Investment Agency 5 www. dangkykinhdoanh.gov.vn Business Registration Department 6 Government Statistics Office 7 Viet Nam Industrial Parks 8 E-bidding system 9 Ministry of Trade and Industry 10 Ministry of Finance 26

27 The way forward Last month, during the official visit to Spain by Vietnam Deputy Prime Minister and Foreign Minister Mr. Pham Binh Minh, a Vietnam-Spain Business Forum was organized in Madrid with the participation of over 100 businessmen and enterprises of the two countries. The two sides exchanged opportunities for cooperation in a number of potential areas such as infrastructure, renewable energy, agro-processing, waste treatment, tourism, etc. These sectors are the ones that Spanish companies have many advantages and Vietnam are in the need of cooperation. The potential of bilateral economic cooperation is very big in coming years, especially when the FTA Vietnam-EU come into force (hopefully by 2018).

28 Thank you for your attention! Muchas gracias! XIN CẢM ƠN! 28