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

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

INVEST IN VIỆT NAM

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: 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:

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)

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.

country having the most important bilateral

trade with Spain, especially in terms of the

exportation of Vietnam.

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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

Source: Vietnam’s General Statistics Office, Customs

Office

Key achievements:

Exports turnover of key products (USD Mil.)

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, foot ware 5,1

8 Petroleum oil, refined 4,9

9 Other base metals 4,8

10 Articles of plastics 4,4

Source: Vietnam’s General Statistics Office, Customs

Office

Key achievements:

Imports turnover of key products (USD Mil.)

IMPORTATIONS OF SPAIN FROM VIETNAM IN

2016

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EXPORTATIONS OF SPAIN TO

VIETNAM IN 2016

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1 MACHINERY AND MECHANICAL APPLIANCES 46.1

2 CLOTHING AND TEXTILES 42.4

3 FISH, CRUSTACEANS, MOLLUSCS 36.1

4 ELECTRICAL APPLIANCES AND EQUIPMENTS 29.6

5 TANNIN; COLORING MATERIALS… 27.6

INVESTMENT OF SPAIN IN VIETNAM

 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.

 But this investment does not include the investment of

Repsol after its acquisition of Talisman Group (Canada)

since 2015 The presence of Repsol in the oil and gas

sector in Vietnam is accounting for some billions of Euros.

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 The number of Spanish tourists visiting

Vietnam in recent years grows

progressively: 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.

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Vietnam- Spain: 40 aniversario

ASEAN We are family

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

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

21 AIRPORTS (11

INTERNATIONAL TERMINALS)

Nội Bài (T2) INTERNATIONAL

Đà Nẵng

Tân Sơn Nhất Long Thành

EAST-WEST ECONOMIC CORRIDOR

Bangkok

Phnom Penh Dawei

FDI – RANKING BY INVESTORS (02/2016)

No Investors No of projects Registered capitals

WHY INVEST IN VIỆT NAM ?

USEFUL FDI LINKS

No Website Agencies

1 https://dautunuocngoai.gov.vn/fdi National portal on foreign investment

5 www dangkykinhdoanh.gov.vn Business Registration Department

The way forward

 Deputy Prime Minister-Minister of Foreign Affairs

visited Spain 23-24/5/2017, attended a Vietnam-Spain Business Forum which 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

 Bilateral cooperation: set to inaugurate by end of

2017 Joint Commission on Economic cooperation

 Target set for 2020: 5 bn USD of two-way trade

volume (now standing at around 3 bn USD)

cooperation is very big in coming years, especially when the FTA Vietnam-EU come into force (hopefully by 2018).

opportunities for Spanish companies in areas

management and water treatment

Thank you for your attention!

Muchas gracias ! XIN CẢM ƠN !

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