investment potentials in thai binh … potentials in thai binh province, vietnam presenter: mr. pham...

INVESTMENT POTENTIALS

IN THAI BINH PROVINCE, VIETNAM

Presenter: Mr. PHAM VAN CA

Standing Vice Chairman of Thai Binh

Provincial People’s Committee

Singapore, 02 July, 2015

SEMINAR: OUTLOOK FOR BUILDING AND CONSTRUCTIONIN SOUTHEAST ASIA

CONTENT

VIETNAM’S ECONOMY

OVERVIEW

WHY INVEST IN VIETNAM?

THAI BINH: THE RELIABLE AND EFFECTIVE DESTINATION

GENERAL INFORMATION

ADVANTAGES

ORIENTATIONS FOR FUTURE DEVELOPMENT

RECOMMENDED INFRASTRUCTURE PROJECTS

VIETNAM’S ECONOMY

OVERVIEW

Indicator 2013 2014 Target 2015

GDP (%) 5.42% 5.98% 6.2%

Export Growth (%) 15.4% 13.5% 10%

CPI (%) 6.6% 4.09% 5%

FDI (registered – US$b) 22.35 20.23 20

FDI (disbursement - US$b) 11.5 12.35 12.5 - 13

May, 2015: 18,367 projects; USD 256.6 billion

Annual disbursement capital: USD 10.5-12.0 billion

Major investors: South Korea, Japan, Singapore, Taiwan, HongKong,

USA, Malaysia ...

Singapore’s FDI to Vietnam: 1,405 projects; USD 33.12 billion

Vietnam-Singapore Industrial Parks (VSIPs)

FDI TO VIETNAM

By 2020, Vietnam would be an important chain link in the

economic network with 55 partners, of which there are 15

members of G20

TPP

PROSPECT

WHY INVEST IN VIETNAM?

LASTEST INVESTMENT LAW AND ENTERPRISE LAW

1. Separated Business Registration and Investment Certificate;

2. Investing procedures: 15 days (In comparison with 45 days before);

3. Clarified list of prohibited sectors, conditional sectors;

4. Online business registration.

Ensure the rights of doing business of enterprises

FOREIGN

INVESTORS

INVESTMENT

CERTIFICATE

BUSINESS

REGISTR

ATION

• Max 15 days for normal projects

• Max 40 days for project using

public lands

• 60 days for projects that need

approval from PM

• Follow the meeting of Parliament

Department of Planning

and Investment

Max 3 days at the

Registration

Authorities

Operation

INVESTMENT CERTIFICATE PROCEDURES

THAI BINH

THE RELIABLE AND EFFECTIVE DESTINATION

GENERAL INFORMATION

Location: In the North of Vietnam

Area: 1,545 km2

Population: ~ 1.8 million

TỔNG QUAN CHUNG CỦA THÁI BÌNH - LỢI THẾ, TIỀM NĂNG ĐẦU TƯ

CAT BI AIRPORT

LACH HUYEN PORT

GULF OF TONKIN

By June 2015:

• 9 concentrated Industrial parks

• 51 Industrial clusters

• Total area of 3,600 hectares;

• 784 investment projects, total registered capital of USD 4.8 billion.

• 53 FDI projects, total investment of USD 414 million.

GENERAL INFORMATION (Cont’)

MIL. USD

GENERAL INFORMATION (Cont’)

Traffic system

TRAFFIC SYSTEM

- Convenience

for economic

development.

- Direct links to

Hanoi, Hai phong,

Quang Ninh

Railway, Highway Thai Binh

– Nam Dinh – Hai Phong

Coastal

highway

Thai Binh –

Ha Nam NH

NH

10

NH 39

NH 37

ADVANTAGES

COAL BASIN

• Red River Delta Coal Basin with reserves of 210 billion tons:

• Average depth: 650 - 1200m.

• Allowed pilot exploitation in Tien Hai district, Thai Binh Province.

ADVANTAGES (cont’)

GAS

• Continental shelf Gas exploitation, output of about 50 million m3/year

• Serving the development and expansion of Tien Hai IP and neighboring areas.

ADVANTAGES (cont’)

THAI BINH POWER

CENTRE

(under construction)

• Capacity: 1800 MW

• Investment capital:

USD 3.4 billions

• First operation: 2017

ADVANTAGES (cont’)

COAST LINE

54 km long,

available 30,000

ha for:

• Aquaculture,

• Seafood,

• Marine economic

development

• Eco tourism,

• Resorts.

ADVANTAGES (cont’)

HIGH QUALITY AND ABUNDANT

WORKFORCE

• Working age group: >1 million

people = 60.1% population.

• Skilled labour: 28%.

• 2 Universities: Thai Binh Medical

University and Thai Binh University.

• 3 colleges

• 43 Vocational schools.

• Training capacity: 23,000

students/year

ADVANTAGES (cont’)

ORIENTATIONS FOR FUTURE DEVELOPMENT

INVESTMENT ENVIRONMENT IMPROVEMENT

• Institutional reform,

• IT application

• E-government,

• Staff quality.

• Administrative procedure reform: Establishment of the

Public Administrative Center (PAC) at the provincial and

district level - a single focal point - for publicity,

transparency.

ORIENTATIONS FOR FUTURE DEVELOPMENT (cont’)

COMPREHENSIVE TRAFFIC

INFRASTRUCTURE SYSTEM

BUSINESS DIALOGUES

- Provincial authorities and businesses connection

- Investing procedure supports

- Requests and recommendations

- Problems solving.

ORIENTATIONS FOR FUTURE DEVELOPMENT (cont’)

FDI ATTRACTION

• Large-scale high technology,

• Energy savings

• Supporting industries

• Food and agricultural products processing

• Electronics

• Agricultural machinery manufacturing

• Economic development of coastal areas...

ORIENTATIONS FOR FUTURE DEVELOPMENT (cont’)

SOCIALIZATION MECHANISMS OF INVESTMENT

ORIENTATIONS FOR FUTURE DEVELOPMENT (cont’)

1. Project riverside embankment for erosion control at Kien Giang

river: Total investment capital of USD 23 million.

2. Project of building Thai Binh General Hospital with a scale of 1,000

beds: Total investment capital of USD 160 million.

3. Project of urban technical infrastructure development to upgrade the

towns of Diem Dien, Tien Hai and Vu Thu: Total investment capital

of USD 120 million.

4. Project of urban technical infrastructure development to upgrade

Thai Binh city to municipality level 1: Total investment capital of

USD 100 million.

5. Project of buiding the Coastal Highway in Thai Binh province –

phase 1 (from Thai Binh River to Tra Ly River): Total investment

capital of USD 80 million.

RECOMMENDED INFRASTRUCTURE PROJECTS

RECOMMENDED INFRASTRUCTURE PROJECTS (cont’)

6. Project of sea dike No. 8 diversion combined with district transport

in Thai Thuy district. Total investment capital of USD 24 million .

7. Project of Restoration and development of forests in response to

global climate change and sea level rise. Total investment capital

of USD 15 million.

8. Project to renovate and upgrade the road for storm shelter,

rescue, marine economic development and ensuring coastal

national security in the south of Thai Binh province - Road 221A.

Total investment capital of USD 44 million.

9. Projects of River dredging at Sinh River, Ngoai Trinh River in

Diem Dien town, Thai Thuy district. Total investment capital of

USD 21 million.

10. Project of construction of the provincial working headquarters.

USD 98 million.

CONTACT US

1. INVESTMENT COUNSELLOR -

VIET NAM EMBASSY IN SINGAPORE

Ms. Nguyen Thi Thu Minh

10 Leedon Park, Singapore 267887

- Email: ntthuminh@mpi.gov.vn

- Tel: +65-66967709

- HP: +65-86134686

2. THAI BINH INVESTMENT PROMOTION AND CONSULTING CENTRE (IPC)

233, Hai Ba Trung Str, De Tham Ward, Thai Binh City, Thai Binh Province

Tel: +84 36 3830 460

Fax: +84 36 3830 326

WELCOME ALL POTENTIAL INVESTORS

FOR JOINT HANDS AND SHARED BENEFITS

THANK YOU!