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Which Sectors Attracting Investment in First Half of 2015?

Set-up branch office in Vietnam
The trend of foreign direct investment (FDI) in Vietnam continues to tremendously increase into key sectors such as industrial processing and manufacturing, business and real estate, wholesale and retail, through setting up business in Vietnam.

Accordingly, the disbursed FDI inflows in June positively increased and exceeded the growth rate of last year. In June 2015, registered and new FDI is 1.19 billion dollars, bringing the total registered and new value to 5.49 billion dollars since the beginning of this year, equivalent to 80.2 % value of the same period in last year 2014.

In particular, FDI registered capital of 3.83 billion USD since the beginning of 2015 is equivalent to 79% FDI capital of the same period in 2014. Additional FDI capital was 1.65 billion in the first 6 months of 2015, equivalent to 83% FDI capital of the same period of 2014. The FDI project has disbursed a total of 6.3 billion, increase 9,6% value in the same period in 2014.

FDI in small-scale projects has a tendency to continue to play a leading role as the previous month. In June 2015, Vietnam has not had any large-scale projects yet. Meanwhile, small-scale projects including new and additional capital have increased. The number of new projects increased by 15% and the number of additional capital projects increased more than 28%.

Foreign investment in Vietnam in the past 6 months continuously focuses on key industries like processing industries, manufacturing, business and real estate, wholesale and retail.

Previous figures of Foreign Investment Agency (Ministry of Planning and Investment) stated that processing industries, manufacturing continues are the sector attracting the interest of foreign investors with 338 registered investment projects and 190 new projects increased capital, with total new and additional capital is 4.18 billion, which accounts for 76.2% of total registered capital. Real estate is second with 11 projects registered and 7 projects increased capital. The total investment of newly registered and additional capital is 465.5 million USD, accounting for 8.5% value of total capital investment. At third, the wholesale and retail sector with 119 new projects and 26 projects increased capital. The total investment of newly registered and additional capital is 276.5 million USD, accounting for 5% value of the total investment.

Compared with the same period of 2014 figures, it’s clearly that foreign capital invested in the retail sector is growing. In the first 6 months of 2014, FDI in retail sector figures stop at about 1.4% of total registered FDI capital in Vietnam. In the first 6 months of 2015, this figure has increased by 5%.

In conclusion, thanks to the considerably development in recent years, the retail industry has risen and competed against the construction industry, becoming one of three areas which attracts foreign capital the first six months of the year 2015.

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We are located in Hanoi, Da Nang and Ho Chi Minh City.

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Investment in Vietnam Railways, set up business in vietnam, set up company in vietnam
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VTG (Canada) Wants to Invest in The Metro Line in Hanoi

On November 22nd, Deputy Prime Minister Trinh Dinh Dung has met Mr. Richard Courey, President and CEO of Vision Transportation Group (VTG) from Canada to discuss VTG’s plan to invest in Vietnam.
At the meeting, Deputy Prime Minister Trinh Dinh Dung welcomed and highly appreciated the experiences of VTG in the field of transportation infrastructure project development in many countries around the world. According to Deputy Prime Minister, in the current context, Vietnam is advocating the mobilization of social resources to invest in developing infrastructure for socio-economic development. Therefore, the Government always welcome and appreciate the determination of potential international partners who are experienced in investing in infrastructure projects in Vietnam.
VTG has researched and proposed with Hanoi, the Government, ministries and departments to implement the project of urban railway no. 2 connecting Noi Bai airport with the West Lake area in the form of public – private partnership (PPP).
According to research of VTG, this will be the urban railway that is completely feasible in technology and the ability to recover capital, ensuring benefit for investors.
Richard Courey and his colleagues have reported to the Deputy Prime Minister on the idea, method, technology, investment progress of the project, and proposed some recommendations to the Government. Furthermore, he also affirmed that with their reputation and experiences, VTG is fully qualified in professional and financial capacity to successfully implement the project, meeting all the requirements of the Government of Vietnam.
Vietnam Deputy Prime Minister also suggested VTG to study more investment projects to develop infrastructure, especially railway transport infrastructure, including the North-South high-speed railway.

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Open for Private Investment in Vietnam Railways

Vietnam Railway is privately invested

The revised Railway Law has just been passed by the National Assembly will create attraction for investors to set up company in Vietnam to invest in infrastructure and railway projects.
The revised Railway Law has just been passed by the National Assembly and is expected to come into force on July 1st 2018 with many preferential mechanisms that will create attraction for investors to invest in infrastructure and railway projects.
Up to now, Lotte E&C (Korea) is the most zealous foreign investor in the Yen Vien – Lao Cai Railway Upgrading Project and the project to build railway connecting Lao Cai – Ha Khau in the form of PPP. Previously, in mid-February 2017, a preliminary study including investment plan, capital size and project repayment capacity was submitted by the Korean investor to the Ministry of Transport. In addition to the proposal to apply the form of build – lease – transfer (BLT), Lotte also wants to receive some incentives during the implementation of the project.
It is known that with the type of BLT contract, Lotte will invest capital to build infrastructure. Upon completion, the investor is entitled to provide services on the basis of operating that facility in a determined period of 20 years. The competent state agency shall hire the service and pay to the investor, when expired, the investor shall return the facility to the competent State authority for management and use.
Moreover, the Railway Law (amended) has added a number of provisions, which are considered to be the great drive for the railway sector. Specifically, the rail transport business is defined as the industry that is entitled to investment incentives; Organizations and individuals engaged in railway activities shall be entitled to incentives and supports such as free land use fees for land area for infrastructure construction, the highest incentives level for enterprise income tax rate, enjoy the most preferential credit policy; applying the pricing mechanism for the mode of leasing or transferring the right to exploit railway infrastructure.
These regulations will create breakthroughs in investment resources, attracting businesses to concentrate resources on railway development, in fact many countries have similar policies.

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Investment in Vietnam Railways
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