Viet-Nam-Presentation-Asean-Business-Forum-ZARAGOZA-4-July-2017-English

INVEST IN VIỆT NAM INVEST IN ASEAN ASEAN CONNECTIVITY MINISTRY OF PLANNING AND INVESTMENT EMBASSY OF VIET NAM IN SPAIN Zaragoza, 3-4 July 2017 http://fia.mpi.gov.vn Viet Nam Snapshot  95 million people  331.211km2 – 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 Founding member of ASEAN Economic community  2015-2016: signed and finalized negotiations on various free trade agreements with Europe and Asia-Pacific regions´countries Vietnam: ADVANTAGES COMPETITIVE Political and social stability: ongoing democratization at all levels from the central to localities Increasing transparency and accountability Stabilization of macro economy, the rhythm of economy growth is maintained at high level of - 6,5%/year 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 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 nearly 60 important economies in the world Vietnam-Spain: 40 aniversario (23/5/1977-23/5/2017) For the year 2016, in the context of constant growth during recent years, bilateral trade volume reached 2.759 million Euros, of which 2.372 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 Key achievements: Exports turnover of key products (USD Mil.) No 10 Products Telephones and their parts Textile, sewing products Computers, electronic products and parts Footwear Other machinery, instrument, accessory Seafood Wood and wooden products Means of transport and equipment Parts of motor Coffee Total export turnover 2016 turnover 34,3 23,8 19,0 13,0 10,1 7,1 7,0 6,1 3,8 3,3 176,6 Source: Vietnam’s General Statistics Office, Customs Office Key achievements: Many export products in the World top No Products World rank Pepper (2011) Cashew nuts (2011) Coffee (2011) Coconut (2011) Rice (2013) Seafood (2014) Rubber (2014) Tea (2013) 2 Source: FAOSTAT, www.statista.com, www.worldsrichestcountries.com (most recent year is in bracket) Key achievements: Imports turnover of key products (USD Mil.) No Products Machinery, instrument, accessory Computers, electronic products and parts Telephones and their parts Textile fabrics Iron, Steel Plastic materials Auxiliary materials for textile, garment, leather, foot ware Petroleum oil, refined Other base metals 10 Articles of plastics Total export turnover 2016 turnover 28,4 27,9 10,6 10,5 8,0 6,3 5,1 4,9 4,8 4,4 174,1 Source: Vietnam’s General Statistics Office, Customs Office IMPORTATIONS OF SPAIN FROM VIETNAM IN 2016 No 10 11 12 13 14 15 Products 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 Millions Euros 816.4 433.6 324.8 254.4 191.6 66.8 38.2 34.6 25.8 23.4 21.1 20.2 19.5 18.2 13.9 EXPORTATIONS OF SPAIN TO VIETNAM IN 2016 Products No Millions Euros MACHINERY AND MECHANICAL APPLIANCES 46.1 CLOTHING AND TEXTILES 42.4 FISH, CRUSTACEANS, MOLLUSCS 36.1 ELECTRICAL APPLIANCES AND EQUIPMENTS 29.6 TANNIN; COLORING MATERIALS… 27.6 PHARMACEUTICAL PRODUCTS 26.2 PLASTICS MATERIALS 18.9 ORGANIC CHEMICALS 17.9 FROZEN MEATS 15.8 10 OTHER CHEMICALS 14.5 11 LEATHERS AND LEATHER PRODUCTS 11.1 12  AUTOMOTIVE VEHICLES 8.6 13 CERAMIC PRODUCTS 8.4 14 RESIDUES OF FOOD INDUSTRY 6.1 15 FOODS PREPARATIONS 5.8 10 ASEAN We are family  ASEAN 50 (8/8/1967-8/8/2017)  Leaders agreed this year 2017 to further promote the Master Plan for connectivity and Work Program for ASEAN Integration Initiative period 2916-2020 and support Cambodia, Laos, Myanmar and Vietnam to reduce development gap as againts Brunei, Indonesia, Malaysia, the Phillipines, Thailand and Singapore 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 INFRASTRUCTURES  FAVORABLE GEOGRAPHICAL LOCATIONS (3,440 km COAST LINES, SITUATED ON IMPORTANT SEALINES AND AIR ROUTES …)  RAPID DEVELOPMENT AND IMPROVEMENT 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 17 SEA PORTS Lạch Huyện 39 SEAPORTS INCLUDING TYPE 1A FOR INTERNATIONAL TRANSIT (Lạch Huyện - Hải Phòng, Vân Phong, Cái Mép - Thị Vải) Vân Phong Cái Mép – Thị Vải Lạch Huyện SEAPORT 18 AIRPORTS Nội Bài 21 AIRPORTS (11 INTERNATIONAL TERMINALS) Đà Nẵng Tân Sơn Nhất Long Thành Nội Bài (T2) INTERNATIONAL TERMINAL 19 INDUSTRIAL PARKS AND ZONES  299 INDUSTRIAL ZONES ( 43 WITH FDI)  15 COASTAL ECONOMIC ZONES  03 HIGH-TECH PARKS (BY 2030 INCREASED TO 06) 20 EAST-WEST ECONOMIC CORRIDOR Hanoi Vientiane Naypyidau Yangon Da Nang Khon Kaen Mawlamyine Savannakhet Dawei Bangkok Phnom Penh Ho Chi Minh 21 FDI – BY KEY SECTORS (2016) Ho sp ita l iti es 22 FDI – RANKING BY INVESTORS (02/2016) No Investors No of projects Republic of Korea 5.058 45,39 Japan 2.965 38,86 Taiwan British Virgin Islands 1.570 2.491 632 992 Hong Kong Registered capitals Malaysia US China 528 36,05 31,16 19.58 15.85 13.66 791 11,32 1.336 10,39 10 The Netherlands 255 8,15   Others (102) 3.773 54,15   Total (112 countries) 20.391 284,56 23 WHY INVEST IN VIỆT NAM ? USEFUL FDI LINKS No Website Agencies https://dautunuocngoai.gov.vn/fdi National portal on foreign investment www.chinhphu.vn Government portal www.mpi.gov.vn Ministry of Planning and Investment http://fia.mpi.gov.vn Foreign Investment Agency www dangkykinhdoanh.gov.vn Business Registration Department www.gso.gov.vn Government Statistics Office www.khucongnghiep.com.vn Viet Nam Industrial Parks www.dauthau.mpi.gov.vn E-bidding system www.moit.gov.vn Ministry of Trade and Industry 10 www.mof.gov.vn Ministry of Finance 25