Vietnam Economic Opportunity Edwin Setiawan Tjie Vice Chairman - - PowerPoint PPT Presentation

Vietnam Economic Opportunity

Edwin Setiawan Tjie Vice Chairman Kadin CLMV

Why Vietnam Promising Economy Profitable Industries Governmental Support

Q&A

Agenda

“The developing economy is benefiting from trade liberalization and its increasingly competitive position as a production base”

• WSJ June 18, 2019

Why Vietnam?

Population: 96 Million Stable Political Climate Avg GDP 7%

Hanoi and Ho Chi Minh top the list for the highest GDP growth

Promising Economy

Source: VNE

Source: VNE

Vietnam’s market landscape

Source: VNE

Inflation rates have decreased over the years

Source: VNE

Profitable Industries

Vietnam is the largest producer of black pepper and also the 2nd largest producer in coffee and 3rd in rubber.

Source: VNE

Textile and Garments have the highest performance

Industries Performance Textile & Garments 30.4B(2018 +16.6%) Footwear $10.3B (9/2019) +10% Electric & Electronic Products 15.7% $22.14B Rice +0.03% 4.54Mton 2019 Seafood $1.8B 1st qtr 2019 tgt $10B Rubber +9.7% ($246M) 2019 Coffee

• 20%($2.03B v

2018)

With a trade surplus, Vietnam imports $24.1B from ASEAN countries and largely exports to the US and EU

Surplus = 5.88B (1-9/2019) 4.85B(1-9/2018) = +21% (9bln)

Source: VNE

Governmental Support

• Supporting industries/suppliers

need to be created to ensure

• perational efficiency
• Extending Tax incentives for

supporting industries in:  1. Mechanical Engineering  2. Apparel & Footwear  3. Electronic  4. IT  5. Auto Assembly

• Tax exemptions for importation of

machinery, equipment etc. for production for the industries

An Increase in foreign manufacturers establishing their production bases in Vietnam

• Vietnam's current foreign policy:

As of 2010 Vietnam established diplomatic relations with 178 countries

Independence Co-operation International Relations Openness & Diversification Development Projects

Q&A