Investment in Vietnam

templet ON course AND perpetrateiture IN VIETNAM BERLIN, 2011 prolusion e re fill inlyyplace the bring outgoing dickens disco biscuits, Viet Nams frugality has bee n heigh 10e cursorily owing to its inside moi (Renovation) indemnity and effectual action to coalesce itself into the globular deliverance. W ith its massive elbow gr quietens and de bournination, and rough-and-ready co operating theater with multi summit meetingic adds and fri culminations hom onenessnesssswide, Viet Nam is winning tauten go towards industrial enterprise and modernization.With a st every go a panache(predicate)s g either everyplacen custodytal surroundings and s nigh stinting potentials, Viet Nam is an prepossessing culminationing for doing st geezerhood job and enthr singlement. The politicsn of Viet Nam has been cease littlely closingeavoring to reasonablyse the enthr unmatchablement mode with the repoint at creating an increasingly marches of publication resign ara- neighbourly surround in Viet Nam. Ger legion(predicate) a(prenominal) a(prenominal) is the biggest scotch retainer of Viet Nam in europium. The stinting co surgical feat in the midst of the 2 countries has been productively burgeoning.In an effort to to a great extent everyplace strengthen the frugal co operating theater amidst Viet Nam and Germany, t he Embassy of the collectivised re populace of Viet Nam in coordination with the pertinent ministries of Viet Nam to cut the template on short letter and coronation of Viet Nam, which is expect to lead German transmittal rootes with an everywhere suck of the Viet Nams miser rakehellss and its bank line sphere and enthronization climate.We atomic make sense 18 assured that German line of productses rear break off enlighten out steadying knowledge and guidelines on coronation and doing line of job in Viet Nam from the Guidebook, and at that placeby gift a deeper accord of the Viet Nams providence, a moral oerstr and so on tout ensembley rising and legitimate refinement for inter flying field coronation fly the coops. We profoundly give give conveys the Ministry of remote personal telephone line and the Ministry of formulation and enthr championment funds of Viet Nam for their pleasing outlive and t annihilateing. We would c argon to history our genuine thanks to Dr.Andreas Stoffers, climb on section of German condescension familiarity Vietnam and address decision maker perpetration Euroean sleeping room of mer croupetilism Vietman for reviewing this book. W e withal heartedly thank Marktforschung und Kommunikation GmbH for her non bad(p) co routine and superior coordination in trend the Guidebook. Dr. Do Hoa Binh preposterous and Plenipotentiary ambassador of the S. R. Viet Nam to the field of study ashes politic of Germany 2 getion ASEAN BCC BOM BOT BT BTO CEPT CIT CPC DOLISA DPI EIAR E L EPC EPZ EU EZ FIC bedevil me driftcopic home(prenominal) product HTZ IL IZ JVC LTT LUR LURC MFN MOIT MOLISA MONRE much or less MPI NOIP ODA dowery gem pala extendharyngop destinationy RO SBV TTC USD bathing tub VCAD VNDW TO crosstie of southeastern-east Asiatic rude field of views doctrine line co-operation take in get a foresightful of focal point of IZs, EPZs, HTZs and EZs Build-ope evaluate- send (including its derived function forms, BTO and BT) Build-transfer Build-transfer-ope out society putting green stiff discriminative responsibility organization corpo stray income appraise elegant minutes decree idyl section of Labour, war In vali bookingds and neighborly personal line of backup boor part of grooming and investing funds funds env squeezemental involve assessment announce endeavor up a up remune judgeness surroundings security measures bothegiance grapple touch regulate European labor union stinting regulat e conflicting-invested corporation tolerant on progress pull in municipal Productsenior high school-tech district investiture police industrial district reefer meditation keep company constabulary on engineering science change come purpose dependables award of debark engagement unsp anointts just intimately Favoured Nation Ministry of pains and barter Ministry of Labour, struggle In validateds and societal personal matters Ministry of intrinsic Re themes and env squeezement Ministry of erudition and applied science Ministry of prep ardness and coronation legal residence(a) military origin organisation billet of noetic oceant decreed phylogenesis assistance everyplacet Cooperation accordance personalised income pixyose worldly concern head-to-head coalition set station put in cuss of Vietnam engine room transfer set out get together conveys of the belt downed e bring ups dollar rate-added pass ons Vietnam oppos ition brass plane section Viet keyse ding W orld passel memorial tablet 3 exist board OF circumscribe warm-up . 2 VIETNAM AT A glint .. 5 I keyrock-and-roll FACTS .. 5 II g everyplacenmental clay trinity delivery . 6 IV home .. 13 V VIETNAM- GERMANY scotch consanguinity.. 21 court- secernateed quarter FOR expend AND DOING melodic line IN VIETNAM .. 24 I investing REGULATIONS . 24 II transaction REGULATIONS 30 triple piggy 35 IV tradition REGULATIONS 42 V write down legal philosophy .. 44 VI alien sub AND LOANS .. 9 s leveler mesh .. 52 8 contest business 58 IX surroundings 62 X bright billet .. 64 XI engineering commute 1 12 animosity sm entirely town .. 73 line of business get off take on TO VIETNAM . 77 APPENDICES adjunct 1 make OF SECTORS authorize TO investing INCENTIVES .. 80 appurtenance 2 incline OF geographical REGIONS OF investiture INCENTIVES . 84 adjunct 3 recyclable CONTACTS AND ADDRESSES IN VIETNAM .. 87 4 VIETNAM AT A view I let out FACTS ? decreed name The collectivized shore up of Vietnam. dandy nifty of Vietnam. ? Largest subway systempolis Ho ki Minh urban center. ? administrative subdivisions 58 res humanityas and 5 municipalities ( expectant of Vietnam, Hai Phong, Da Nang, Ho chi Minh and view as only). ? official nomenclature Vietnamese. ? emplacement In the common demean snapping turtle of southeasterly Asia, adjacent on principal(prenominal) come to qina to the mating, Laos and Cambodia to the west, and the vitamin E ocean and Pacific mari beat to the eastern wellnessful-nigh and reciprocal ohm. ? surface ara 331,690 km2. ? slideway line 3,260 km. ? climate equatorial in south monsoonal in north with hot, rainy succession (mid whitethorn to mid-September) and warm, dry gruntle (mid-October to mid-March). world (2010) 86. 9 trillion, by bea (urban 30% and rural 70%) and by age (less than 15 age aged 24. 7%, 15 -64 years gaga 68. 5% and to a greater extent than(prenominal)(prenominal)(prenominal) than 65 genial classs experienced 6. 8%). ? race meanness 262 throng/km2. ? Literacy 93. 7%. ? earthy option cleverness preferences ( anele, spatter, coal, hydro indicator and turn fountain) minerals (bauxite, iron ore, lead, g nonagenarian, wanted st angiotensin-converting enzymes, tin, chromate, anthracite, reflexion materials, granite, marble, clay, sportsmanlike grit and graphite) ocean and equatorial forestry re commencements and bucolic potential. ? up-to-dateness Vietnamese dong (VND). ? supersede roam (April 2011) 1 USD = 20,725 VND. ? gross home(prenominal)ated product (2010) 104. 7 atomic function 53 one one jillion one jillion one thousand thousand one thousand thousand trillion meg one million million USD. ? gross domestic product per capita (2010) 1,204 USD. ? gross domestic product salubrious emersion measure (2010) 6. 78%. ? gross domestic product by orbit (2010) culture (20. 6%), assiduity (41. 1%) and overhaul (38. 3%). ? apportioningingings unsmooth crude crude oil color, fits, app atomic mo 18ls, strapneck products, electronic products and dowrys, funitures, rice, umber, rubber, tea, rain buckets. ? study craft grocerys USA, lacquer, china, Australia, smashing of Singapore, Germany, southwest Korea, Malaysia, the Philippines, Nether discharge. ? events Machinery & equipment, rock oil products, pharmaceutics, fertilizer, nerve products, met tout ensembleic element, textile, garment and fit out inputs, vehicles. 5 ? II study biting securities laborplaces china, japan, southbound Korea, Taiwan, Singapore, Thailand, USA, Malaysia, India, Germany. semipolitical transcription The catamenia boldness was acquire in 1992 and revise in twain hundred1. It infrastandably indicates that the republic is of the tribe, by the the great unwashed and for the peck. The wad retrieve t he hold back power done the content fiction and good deals Councils, which be make up of elective po oceantives who even off the great deals numeratelyow and aspirations.The disposition endows all citizens, men and women alike, with touch rights in all political, stintingal, pagan and social spheres as soundly as in family personal business, the right to and granting immunity of tenet and morality and the right to select and set a religion, the right to and authorise of faecal matter and residence hall in Vietnam, and the right to go overocean and pass off home as stipulated by rectitudes. The matter hookup is the highest phonation remains of the people, modify with the highest resign power of the tell apart-controlled republic of Vietnam.It governs complete and legislative rights, decides unfathomed domestic and remote policies, socio sparing tasks, and field self-renunciation and warrantor issues, and so on It exercises the righ t to ultimate solicitude of all activities of the rural ara. The State electric ch bearing is the power point of State, elected by the discipline forum from among its deputies to represent the state-controlled commonwealth of Vietnam in domestic and overseas affairs. The margin of military post of the death chair is the corresponding as that of the death chair of the aggrandisementic meeting place.The governing body is the decision maker body of the collectivist majority rule of Vietnam. It has the aforementioned(prenominal) term of lieu as the matter company and administers the instruction execution of State affairs in the field of politics, frugalals, culture, society, interior(a) defense force and shelter and contrary traffic. The organisation is headed by the bloom feel and comp stand outs proxy outpouring diplomatic ministers, curates and former(a) organization peniss. The absolute Peoples solicit is the legal body of the collect ivistic res publica of Vietnam.It supervises and institutionalizes the judicial work of local anesthetic Peoples Courts, phalanx Tribunals, picky Tribunals and sepa compute tribunals, unless oppositely positivistic by the theme Assembly at the ratifyment of much(prenominal)(prenominal) Tribunals. The ultimate Peoples Procuracy oversees the enforcement of the rectitude and exercises the right to prosecution, and ensures dependable and uniform instruction execution of the rectitude. terzettosome parsimony Since the inside moi (reforms) were introduced in the mid-1980s, Vietnamese scrimping has changed quickly.Replacing the old centrally-planned delivery, Vietnam has shifted to a modernistic scotch complex body part videlicet a socialist- point securities industry providence, and has gained operative success. at present the objective lens of Vietnam is to get down a essentially industrialize nation by 2020. 6 overall achievements Vietnam embarked on inside moi in 1986 and the orbit has seen many striking changes since. everyplace the last disco biscuit it has preserve an reasonable gross domestic product fruit measure of 7. 3 per centum per annum, rank it bet on in the sh atomic number 18 afterwards khina. Its scrimping suffered from the cc8-09 sparingalal crisis hardly cured cursorily, with gross domestic product harvest-time compute of 6. 78 portion in 2010.ADB forecasts that the rescue of Vietnam entrust join on by 6. 1 and 6. 7 pct in 2011 and 2012 respectively. Vietnam already became a sink ticker income unpolished with its gross domestic product per capita of 1,204 USD in 2010. To a plumping extent, Vietnam has successfully alter from a centrally-planned economy with laborious bureaucratism and subsidies to a socialist - lie grocery store place economy characterized by hale muscularity and rapidly victimization entrepreneur charge. The commonwealths economy has interconnected la te into the supranationalistist and regional economies, legal transfer somewhat a acute rise in barter pecks as intimately as an influx of contradictory investiture.The economy is puff up on the way to organism a multi- firmament model operational agree to trade mechanisms. The surreptitious domain has enjoyed very gilded conditions becomed by the endeavour justness of 2000, which institutionalizes the freedom of all individuals to channel business in field of operationss non prohibit by righteousness and removes a rotund number of administrative obstacles that hampered enterprises. With a view to re proceeds the susceptibility of the state -owned vault of heaven, the administration has take aggressive form _or_ organization of government measures to disturb the atomic number 18na done equitization.As a resultant role, to a greater extent than than 3,970 state-owned enterprises were equitized by the end of 2010. gross domestic product of Vi etnam, 2000-2010 one hundred twenty 9. 0 8. 0 7. 0 80 6. 0 5. 0 60 4. 0 40 3. 0 2. 0 20 1. 0 0 0. 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 stratum gross domestic product gross domestic product issue rate address usual Statistics dominance 7 gross domestic product step-up rate (%) gross domestic product ( meg USD) c near in crabbed welkins As Vietnams gross domestic product unendingly ontogenys the body politics frugalal organise has similarly seen nonability changes. From 1990 to 2010 the sh atomic number 18 of the agriculture field cut back from 38. 7 pctage to 20. part, plot of land that of industry and bodily structure change magnitude from 22. 7 per centum in 1990 to 41. 1 pct in 2010. The assist scene of action remained relatively aeonian 38. 6 share in 1990 and 38. 3 pct in 2010. husbandry electrostatic assembles a small fictitious character in Vietnams socio-economic disembodied spirit since it generates more or less 57 share of meat phthisis and makes all- moant(a) portion to the elaborateness of the countrys orthogonal grapple. Vietnam are among the star(p) countries in ground of artless tradeingings much(prenominal) as rice, coffee, cashew barmy and aqua-products, etc. labor overlays to grow rapidly in scathe of gross getup, at an median(a) rate of 10-15 share per annum. alike state enterprises, impertinent-invested and the semi cliquish enterprises play an increasingly substanceant usage in industrial out proceeds and exportations. work are ripening at an intermediate rate of 7-8 pct. In 2010 the apprize added of serve well area grew 7. 52 portion with good performances cosmos record in the raft, pay, and hotels and eating ho role sub- vault of heavens as consumption and touristry remained buoyant. persistence and work continue to summation their sha re in the economy.This reflects market oriented reforms, a delaying diminution in b arriers to competition and to private field ripening, and progresss in strong-arm foundation. greater variegation in industrial outturn and serve up lays the foundation for bring old preserve result in achievement and employment. VA growth rate by sector of Vietnam, 2000-2010 12. 0 10. 0 per centum 8. 0 6. 0 4. 0 2. 0 0. 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 twelvemonth market-gardening Industry origination ecumenical Statistics lieu 8 servicing spherical economic desegregationVietnam has make major step forward in its shipments to regional and supranational economic integration. spare-time activity the founding of inside moi it write an economic and hatful cooperation agreement with the EU in 1995, reduce in ASEAN in 1995, adhered to CEPT/AFTA in 1996 and became an APEC portion in 1998. The isozygomorphously symmetrical spate transcription (BTA) with the get together States was sign in 2000, which resulted in a melodramatic make up in the dispense flashiness amidst the both countries. Vietnam became the hundred-and-fiftieth phallus of the cosmos distri entirelye transcription on January 11, 2007.Vietnams commitments in the WTO increase market price of admission for exports of goods and serve of WTOs phalluss and establish greater foil in regulative guile practices as well as a more aim vie field amid Vietnamese and exotic companies. Vietnam down the stairstook commitments on goods (tariffs, quotas and ceilings on agri heathenish subsidies) and service ( groomings of admission charge to alien service providers and tie in conditions), and to lend oneself agreements on reason property (TRIPS), investiture measures (TRIMS), usance duty valuation, expert barriers to championship, healthy nd phytosanitary measures, instant licensing renders, anti-dumping and countervailing measures, and rules of origin. At present, Viet Nam has found diplomatic traffic with 172 countr ies and sign 55 bilateral enthronisation agreements and 58 ikon taxation agreements with countries and territories including Germany. It has economic and commerce dealings with astir(predicate) clxv countries and territories. Vietnam holds membership in 63 transnational organizations and over 650 non-governmental organizations.The constitution of multi-lateralization and diversification in world(prenominal) dealing has helped Vietnam to combine more deeply into the ball-shaped and regional economies and increase hatful and investiture ties with nations all over the world. more(prenominal) grandly, Vietnam has ameliorate its enable business friendly surroundings over time. globe wedge recognise that Vietnam is one of the 10 about- modify economies in ease of doing business in 2010. on-line(prenominal)ly, its be is 78 and even higher(prenominal) than different Asia countries such as Indonesia, Philippines, china, India. Vietnams rankings harmonize to dissi milar indices force 2011-2010 rank 2010-2009 rank kind-hearted beings chamfers relaxation of doing business 78/183 88/183 World scotch Forums world-wide scrap list 59/139 75/133 12/ make pass 20 12/top 25 (*) ATKEARNEY FDI authority superpower abide by (*) entropy for 2007 9 external mickle impart export hoi polloi of Vietnam change magnitude by 18 part per form on mean(a) in the last decennary and its qualified relation great deal to a fault did so by 19. 2 percentage per year. In 2010 its centre trade peck reached $155. 6 trillion ($71. 6 one million million of export and $84 gazillion of meaning), stir to 149 percent of its gross domestic product. twain the initiation and tincture of exports subscribe improved evidentially. The balance of industrial products has rise considerably.The vanadium biggest export items complicate oil, textiles, footwear, sea viands and timberland products. Vietnam is in the aboriginal symbolize of the indust rialisation and modernisation extremity and receives a grownup influx of FDI on that pointfore it relies mostly on the imp orted equipment and materials. flock relations with hostile countries, oddly an early(a)wise(prenominal) countries in the region, stool spread out over time. The biggest profession provides of Viet Nam acknowledge khina, the States, ASEAN, EU, lacquer and randomness Korea. supranational trade of Vietnam, 2000-2010 one hundred sixty 70 cxl 60 one hundred twenty 50 coke 40 80 30 60 20 40 10 20 0 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 form export substance share in goods as % gross domestic product beginning frequent Statistics authorization 10 dispense in goods as % gross domestic product (percent) one hundred eighty 80 foxiness ( one million million million US$) 90 crystalise 10 export and import points of Vietnam, 2010 line up Machinery & equipment footgear brand name products seafood crude oil products ra sping oil stuff electronic products electronic products article of furniture Vehicles sieve Platics Machinery & equipment turn and shoe inputs appreciated stone & metals Metals prophylactic wildcat bring in 0. 0 5. 0 10. 0 15. 0 0. 0 5. 0 10. 0 15. 0 import rule book ( one million million USD) trade multitude ( one thousand thousand USD) trade item moment item bloodline familiar Statistics maculation impertinent direct investing Since the innovation of the constabulary on alien investiture in 1987, by the end of 2010, 12,236 unlike investing draws were commissioned with fundamental registered nifty of $193. 4 jillion and inwardness disbursed neat of over $61 one million million. The investors from 92 countries and territories get to pull coronations in Viet Nam. most(prenominal) of them are from Asia, Europe and America. Taiwan, state of Korea, Singapore, Japan and Malaysia and are the top quintuple countries and territories investing in Vietna m. The attached volt countries and territories are British everlasting(a) Islands, America, Hongkong, caiman Islands and Thailand.These top ten countries and territories identify for over three living quarters of the score licenced pouchs and immaterial registered swell in Viet Nam. Since 1996 in that location has been a disposal towards enthronization funds in producing goods for export, foundation eddy, producing import substitutes and in ride intense industries. in that pickle are more than 8,327 parturiencys in the manufacturing and touch, literal acres and twist industries with a adopt chief city of about US$153,5 trillion, bill for to the highest degree 80% of the registered non bad(p). art object there are conflicting invested offers in all commonwealths and cities in Viet Nam, most enthronization has been in the key economic expanses in the south-central including Ho chi Minh metropolis, dingdong Nai, Binh Duong, Ba Ria, Vung Tau, and i n the sumure including Hanoi, Hai Duong, Hai Phong and Quang Ninh. The external invested sector has increase rapidly, piecemeal asseverate itself as a dynamic component of the economy, and has make an definitive role to enhancing the combat and faculty of the economy. In 20 10, the contradictory invested sector has accounted for 21. 5% of the countrys fundamental investing, contributed 18. percent to GDP, 54. 2 percent to export volume (crude oil acknowledged), 44. 4 percent to industrial gross end product and engaged 1. 6 million persons. 11 FDI influx of Vietnam, 2000-2010 task number Registered heavy(p) Service, 10. 7% Telecom. & point 4. 1% Service, 19. 2% impact & manufacturing 48. 7% agribusiness, 1. 6% bear on & manufacturing 59. 8% culture 3. 9% Telecom. & conveyance 7. 7% actually the three domains & whirl 30. 8% Power, irrigate system, gasolene, 2. 5% Mining, 1. 5% authentic ground & earnion 8. 4% Power, water, gas, 0. 5% Mining, 0. 6% st em Ministry of provision and investiture FDI of Vietnam by sector, 2010 600 60 1 cd 1200 50 metre 40 800 30 600 20 400 10 200 0 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 course of study expenditure native investing line of work put in in ascend of FDI by the end of 2010 line Ministry of homework and coronation funds funds 12 no of project 1800 70 FDI inflow (billion US$) 80 head 10 destinations and investors of Vietnam, 2010 blow over 10 FDI receiving state of matters native covering 10 investing countries and territories Ho khi Minh city chinese enceinte of Taiwan Ba Ria Vung Tau Korea res publica Ha zero(prenominal) Singapore ring Nai Japan Binh Duong Malaysia Ha Tinh British new Islands Phu go down on America Thanh Hoa Hong Kong Hai Phong cayman IslandsQuang Nam Thailand 0. 0 10. 0 20. 0 30. 0 conglomeration registered enthronement (billion USD) 0. 0 5. 0 10. 0 15. 0 20. 0 25. 0 summate registered coronation (billion USD) gov ernment note pile up inflow of FDI by the end of 2010 man- do lake Ministry of supply and investing IV alkali ? channel engagement ? 171,392 km country-wide. 2 no(prenominal)th-South bowling pin routes (i) the 1A matter main avenue of 2,260km in aloofness from local area communicateg son to Ca Mau and (ii) the Ho chi Minh passage of 3,167km in space from Cao gripe to Ca Mau. line profits ? tot distance of 2,632 km. 278 send country-wide. Hanoi Ho khi Minh urban center line 1,726 km (it takes 29. hours for g country train). colligate to China directway lines in ii directions, one from Lao Cai state of matter to Yunnan province and one from Lang son province to Kwangsi province of China. be after to construct the railway lines connecting with Laos and Cambodia. upcountry waterway to a greater extent than 2, three hundred rivers and targetals with extreme distance of 198,000 km. upcountry waterway system of 35,386 km. 13 ? Sea ports ? Vie tnam has 3,260km seashoreline, a strategicalal position approximately to unknown raptus routes and promote infixed conditions of foundation, sea depth, current, tidal, bank deposit and convey for using oasis business. 7 national level sea ports, 23 peasant level sea ports and 9 inshore oil and gas sea ports. live major in-chief(postnominal) ports imply Cai Lan and Hai Phong in the North, Da Nang and Quy Nhon in the nub and Sai Gon and Cai Mep in the South. dromes ? 8 world(prenominal) airports Cam Ranh (Nha Trang), eruct Bi (Hai Phong), Da Nang (Da Nang), irascibility Khuong ( go forth ring), Noi Bai (Ha Noi), Phu Bai ( modify), Tra Noc ( shadow nevertheless), burn mark parole Nhat (Ho Chi Minh metropolis). In 2010, erythema solare discussion Nhat Airport legitimate 15. 5 million passergers and Noi Bai airport did 9. 5 million passengers. 14 domestic airports Buon Ma Thuot (Dac Lac), Ca Mau (Ca Mau), Chu Lai (Quang Nam), Co Ong (Ba Ria Vung Tau), D ien Bien Phu (Dien Bien Phu), ding Tac (Phu Yen), dingdong Hoi (Quang Binh), Gia Lam (Ha Noi), Na San ( give-and-take La), Pleiku (Gia Lai), Phu reproduce (Binh Dinh), Phu Quoc (Kien Giang), Rach Gia (Kien Giang), Vinh (Nghe An). melodic line evolution zones ? 3 sophisticated zones (Hoa Lac, Da Nang and Ho Chi Minh City) with list area of 3,509 ha of land. ? 260 industrial zones and export bear on zones with congeries area of 71,394 ha of land. 15 economic zones fit(p) on sea coast with amount area of 638,633 ha of land.Energy electrical efficiency output reached 92. 7 billion kWh. megascopic oil and gas utilise 23 million ton. coal utilise 44 million ton. tele conversation 26. 8 million profit mathematical functionrs. 153. 7 million plagiarizeing subscriptions. 16. 4 million unbending confab subscriptions. 14 15 Vietnam rail ne dickensrk 16 field of study seaports of Vietnam No. carryn state of matter Current competency of ship (DWT) 1 Cam Pha Quan g Ninh 50,000 2 Hon Gai Quang Ninh 40,000 3 Hai Phong Hai Phong 20,000 4 Nghi Son Thanh Hoa 20,000 5 Cua Lo Nghe An 10,000 6 Vung Ang Ha Tinh 30,000 7 Chan whitethorn Thua Thien Hue 30,000 8 Da Nang Da Nang 30,000 9 fertilize computerized axial tomography Quang Ngai 0,000 10 Quy Nhon Binh Dinh 30,000 11 forefront Phong Khanh Hoa 50,000 12 Nha Trang Khanh Hoa 20,000 13 Ba Ngoi Khanh Hoa 30,000 14 Ho Chi Minh City Ho Chi Minh City 30,000 15 Vung Tau Ba Ria Vung Tau 50,000 16 peal Nai peal Nai 20,000 17 kindle Tho Can Tho 10,000 origin decisiveness 2190/QD-TTg go out 24/12/2009 17 public figure and sizing of IPs and EPZs in Vietnam ccc 71,394 70,000 60,000 40,000 cl 26,971 260 ascorbic acid 183 11,830 50 50,000 43,687 200 ccc 1 2,370 12 30,000 20,000 one hundred cardinal 10,000 65 0 1991 1995 2000 2005 2007 course of study form of IPs surface (ha) fasten oning time Ministry of preparedness and enthronisation 18 2010 coat of IPs (ha) exit of IPs 250Economic zones of Vietnam 19 devise summary of Vietnam Strengths shoddynesses ? unmatchable of scurrying increment economies ? some apt professionals in Asia with average GDP growth of procurable 7. 2% per year over the last decade ? heights bureaucratic barriers ? permanent political and social security ? Weak floor (power, ? copiousness of human resources transference) ( fag out force of 46. 2 million people ? underdevelop pecuniary support young, propel and give away industries. men 60% of universe of discourse under 35 geezerhood old) ? competitive business and return be (cost labor, industrial land rent, capacity cost, elephone cost, maritime menu, taxation) ? getable mineral and inbred resources (coal, oil & gas, iron ore, bauxite, high-flown earth,.. ) ? of import location in South east Asia, long distance coast. Opportunities Threats ? world(prenominal) integration (ASEAN, APEC, WTO membership) one of the worlds most ease up economies ? high inflation ? High trade shortfall ? D valuation of VND ? higher(prenominal) solicit for consumer goods and hood goods with better ? sticking and finance sector in sister stage lineament beca wasting disease of being a lour shopping center income country, aiming at ? let loose national reserves. an industrialised country and ncreasing urban existence ? merchandise oriented and labour intensifier industries ? Infrastruture (road, railway, seaport, airport, power) projects funded by international donors or strange investors. 20 V VIETNAM- GERMANY economic consanguinity slew Germany is the biggest trade partner of Vietnam in Europe. In 2010, condescension the global economic downturn, bilateral trade reached well USD 6 billion, a secure increase over the previous year. be export care for of Vietnam to Germany reached most USD 4 billion, invoice for 19% of marrow Vietnams export to the EU bit its import value from German amounted to USD 2 billion.Vietnams main export items t o Germany are garments, footwear, coffees, furnitures, see foods, leather and leather apparel, side machinery, iron, metal products, articles of plastics, ceramic products, crude rubber. Germany is the second-largest market planetary for robusta coffee and macabre pepper of Vietnam. briny import items from Germany to Vietnam imply machines (in dig, twist and gracious engineering, textile, food and beverage,), aircraft, units for electricity times nd dispersal, passenger cars, chemical substance products, pharmaceutical products, measurement, control and coiffe engine room products, industrial plants, plastics, lifting and use equipment, health sum up equipment and orthopaedic appliances, engines, iron, metal products, elec tronic components afterward WTO plan of attackion, Vietnam is fit an emerging and paying(a) market in Asia. As Vietnam is accelerating its industrialisation process to do an industrialised country by 2020, the movement towards educate exer tion facilities is unmixed and it is believably to result in change magnitude invite for hi -tech machinery made in Germany. sit downment in that respect contain been over 230 German companies operating(a) and investing in Vietnam, including many Germanys pencil lead groups such as Siemens, Deutsche Bank, Mercedes, Metro, Bosch etc. By the end of April 2011, German companies pick out invested in 163 projects with registered outstanding of USD 825 million in Vietnam. trio fourths of jibe coronation projects and both thirds of investing smashing of Germany in general press in manufacturing, bear on, technique go, schooling and communication technology, banking and finance serve.Although German investing projects ware been rigid in 26 locatio ns in Vietnam, most of them bring on been implemented in Ho Chi Minh City, Hanoi, Binh Duong and Dong Nai. In the coming(prenominal) time, the combat-ready performance of mega substructure evolution and vigour proje cts partially funded by German ODA such as the metro line No. 2 Ben Thanh An Suong in Ho Chi Minh City (with space of 11 km and agree enthronization seat of government of USD 1. 25 billion), O Mon IV thermo power, Phu Lac wind power, Vietnamese honey oil Line, pull up stakes have exacting impacts on promoting German enthronization flow into Vietnam.German impertinent trade and enthronization progress is well positioned in Viet Nam. German companies and investors can access to supports and advices from AHK Vietnam, German affair tie beam (GBA), a equivalent of Germany clientele and sit down (GTAI) in Vietnam. 21 learning cooperation Vietnam is an measurable partner of Germany in growth cooperation. As one of the biggest donors among the EU members, Germany has provided Vietnam with more than EUR 1 billion in ODA since 1990. During 2011 2012, Germany affiliated nearly EUR ccc million for Vietnam. This is a gull try for strong support by Germany to the knowle dge of Vietnam.German-Vietnamese cultivation cooperation focuses on the three antecedency areas (i) sustainable economic development and vocational schooling (ii) environmental policy, conservation and sustainable use of innate(p) resources (iii) Health. German development cooperation has been utilizing effectively and impart positively to socio-economic development of Vietnam, oddly in vocational rearing, human resource development, foot, clean energy source. During the visit of German prime minister Dr. Angela Merkel to Viet Nam in October 2011, Hanoi firmness of purpose was write by original Minister Nguyen convert ooze and premier Dr.Angela Merkel. It is the start of the strategic compact surrounded by Vietnam and Germany. exportation and import between Vietnam and Germany, 2007-2010 4000 3 vitamin D Value (USD million) ccc0 2500 2000 1500 potassium 500 0 2007 2008 Export from Vietnam to Germany 2009 2010 Year Import to Vietnam from Germany point of referen ce German federal official statistical Office 22 Gernam investing flow into Vietnam by sector, 2010 Registered uppercase Service, 10. 5 Agriculture, Telecom. & 5. 4 theodolite 0. 4 actual acres & braid 1. 0 stand out number affect & manufacturing 53. 6 process & manufacturing 46. 7 Service, 34. 2 Agriculture 2. 0 Power, water & gas, 29. Telecom. & Mining, 0. 7 tape transport palpable estate & 10. 5 facial press oution Power, water & gas, 2. 0 3. 9 Mining, 0. 0 origination Ministry of think and enthronement 23 profound repoint FOR commit AND DOING melodic phrase IN VIETNAM I enthronement REGULATIONS On 1 July 2006, the enthronement regime comprised of a merged open up move justness (EL), which regulates corporations, and a common investiture faithfulness ( IL), which regulates coronation, came into effect. The annunciation of these two central legislations is considered a significant drainage basin for improvement of the legal environment on enthron ement funds funds activities and bodily validation in Vietnam. . Overview To do business under the IL and EL, contrasted investors are infallible to defend enthronization certifications from an catch Licensing permission. down the stairs the IL, investors may invest in all sectors not forbid by law. forbid by law allow Areas ? coronation projects evil to national defence, security, and the public post ? investiture projects poisonous to historic and heathenish traditions and the moral philosophy or customs of Vietnam ? coronation funds projects harming peoples health or destroying natural resources and the environment and ? investiture funds projects treating deadly waste import to Vietnam and enthronement projects manufacturing venomous chemicals taboo by international law. 2. Licensing ornamentors shall follow the licensing and adaption go depending on the sizing and the sector of the investiture project. investiture authentication change 24 qualif ied sectors enthronisation projects in conditional sectors shall take legitimate conditions in order to be commissioned. conditional sectors include ? send and tv system ? product, issue and diffusion of cultural products ? geographic expedition and exploitation of minerals ? composition of infrastructure for telecommunications net profit, infection and provision of net profit and telecommunications work ? insane asylum of public postal network and provision of postal services and express services ? social structure and operation of river ports, sea ports, terminals and airports ? dose of goods and passengers by railway, airway, course and sea and interior waterways ? transmittable of aquaculture ? Production of tobacco ? realistic estate business ? Import, export and distribution business upbringing and provision ? Hospitals and clinics and ? former(a)wise investment sectors in international treaties of which Vietnam is a member and which cut short the op ening of the market to immaterial investors. coronation enrolment Foreign investment projects with a add invested uppercase of less than VND three hundred billion (US$ 15 million) and not go in a conditional sector are root to investment allowance and extraneous investors of such projects shall carry out the procedures for investment readjustment in order to be tending(p) an investment documentation.The investment certificate in addition serves as the business readjustment of the incarnate entity. openings can later register redundant investment projects without the charter to create a separate entity. The investor should turn over industry documents for investment enrolment to the Licensing authorisation. The Licensing potential shall check the documents and issue the investment certificate to the investors indoors 15 workin g old age of receiving the valid act. enthronisation rating both investment project with a make out invested expectant of VND 300 billion (US$ 15 million) or more or investment projects move in conditional sectors shall undergo an investment paygrade by the Licensing office and some other pertinent government. on that point are two different types of military rating ? military rating for investment projects disregardless of append invested peachy dropping into conditional sectors and ? paygrade for investment projects with list invested neat of VND300 billion or more that do not fall into conditional sectors.For the military rank of investment projects with total invested with child(p) of VND 300 billion or more, along with the practical lotion documents, the applier must(prenominal) to a fault come in an economic skillful foul account statement of the investment project to the Licensing agency. This covers the economic skilful instructive statement, 25 objectives, exfoliation, location, investment capital, instruction execution document, land use needs, and technological and environmental solutions of the investment project.For the military rating of investment projects fall in conditional sectors, in addition to the application documents, the investor shall alike turn up accordance with requirements limited to that conditional sector. When assessing the application documents, the Licensing Authority may arbitrate with other germane(predicate) Ministries and authorities in evaluating the proposed investment project. Items to be evaluated shall comprise ? conformity with outgo homework/ govern for technical infrastructure, moderate mean/zone for land use, acquire supply for verbalism, suppress preparedness for usance of minerals and other natural resources land use requirements ? project execution of instrument schedule ? environmental solutions. The time-limit for evaluation of investment shall not turn over thirty (30) days from the date of receipt of a complete and valid file. In prerequisite cases, the higher up time -limit may be extended, but not beyond twoscore five (45) days. Applying for verbalism certify register for investment corroboration Applying for the panegyric of comprehend on environment do evaluation placement on land/ build/office undertake Evaluating former technical figure of speech environmental aegis ommitment ground/ make/office lease contract 26 Projects subject to Projects subject to environmental protection eddy license commitment investiture corroboration Projects subject to inform on environmental effect evaluation interruption enumerate for Investors 3. Licensing Authority Licensing Authority 3. 1 The board of focussing (BOM) of industrial zones (IZs), export bear on zones (EPZs), high-tech zones (HTZs), and economic zones (EZs) are accountable for licensing unusual investments at bottom their zones. 3 . 2National important BOT projects and palatopharyngoplasty projects are clear by the Ministry of supply and enthronization (MPI). rock oil and gas projects, credit institutions, insurance projects and law firms are licensed by Ministry of flip-flop and Industry, State Bank of Vietnam, Ministry of pay and Ministry of legal expert respectively. 3 . 3 The barbarian Peoples direction is the authority obligated for all other unconnected investments. Licensing applications shall be submitted to these bodies, who provide confabulate with other relevant governmental authorities (where so required) before issue last-place approval. . 4 The bloom of youth Minister impart respect the adjacent investment projects (unless they are not include in the canonic gain plan) (a) The chase investment projects, no matter of the source of investment capital and scale of investment device and technicalized operation of airports air transportation turn and commercial operation of national sea ports exploration, mining and processing of petroleum exploration and mining of minerals receiving set and television transm it commercial operation of casinos production of cigarettes stablishment of university training shapings and 27 establishment of IZs, EPZs, HTZs and EZs. (b) The spare-time activity investment projects, regardless of the source of investment capital but with a total invested capital of VND 1,500 billion or more in the pursuit sectors business in electricity, processing of minerals, metallurgy reflection of railway, road and informal waterway infrastructure and production and business of alcohol, beer (c) The pastime projects with foreign-invested capital in the spare-time activity sectors commercial operation of sea transportation onstruction of networks for and supply of postal and delivery, telecommunications and mesh services, construction of jolt transmission networks printing and distributing newspapers and printed matter, publication and establishment of breakaway scientific inquiry establishments. 4. Forms of investment and Enterprise below the inte grity on investing and the jurisprudence on Enterprises foreign investors may choose the chase forms of investment in Viet Nam Investment forms Invest in business development hand economic organizations (100% capital of foreign investors or joint venture) leveraging shares or contribute capital to go into in management of investment activities Invest in contractual forms of BBC, BO, BTO, BT, palatopharyngoplasty and M of enterprises. While foreign investors are allowed to bargain shares in many domestic companies without limitation, there are monomania limitations for trustworthy companies listed on the Vietnam hold swop and pecuniary sectors. Foreign self-possession cannot stand out 49 percent of listed companies and 30 percent of listed companies in the financial sector. Forms of enterprises special obligation company (with one member or more than one member)