Partner VSIP , WIN in Vietnam
Partner VSIP , WIN in Vietnam
Partner VSIP , WIN in Vietnam
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<strong>VSIP</strong><br />
<strong>Partner</strong> <strong>VSIP</strong> , <strong>WIN</strong> <strong>in</strong> <strong>Vietnam</strong><br />
FASTEST, SUREST Light Industries Base<br />
MARK SIM<br />
Sr Market<strong>in</strong>g Manager<br />
(<strong>Vietnam</strong> Station)<br />
HP (SGP) + 65 96692496<br />
( VN ) + 84 93 3409399<br />
Fax (SGP) +65 6227 8180<br />
mark.sim@sembcorp.com
Strategic<br />
Manufactur<strong>in</strong>g<br />
Ch<strong>in</strong>a +1
<strong>VSIP</strong><br />
Y <strong>Vietnam</strong><br />
1) PRC manufactur<strong>in</strong>g environment<br />
A) Increas<strong>in</strong>g hardships<br />
* cost, competition, reduction <strong>in</strong> traditional markets, tax regime, anti-dump<strong>in</strong>g, strikes<br />
* more supply than demand => keen price contest<br />
* seek<strong>in</strong>g new markets<br />
B) Sea-Change<br />
* prior 2009 : cost, environment, labour concerns => ch<strong>in</strong>a +1<br />
* 2009-2013 : white goods, Moto vehicles THE WEST END EXPRESS<br />
* > 2010 : boot<strong>in</strong>g out coastal factories <strong>in</strong>land as orchestrated strategy<br />
2) export to EU/USA<br />
3) ASEAN market<br />
4) VN domestic market<br />
Suggestion<br />
- Catch the domestic demand fast<br />
- ASEAN market as a alternative SIZEABLE 550M market<br />
- Sp<strong>in</strong>gboard to Euro/NA/BRIC markets
VIETNAM is<br />
POTENTIAL<br />
Your NEW BASE
<strong>VSIP</strong><br />
PRC vs VN labour matrix<br />
越 南<br />
中 國<br />
No staff Ave salary total 平 均 月 薪 共<br />
# VN ave pay total PRC total<br />
unskilled 750 120 90,000 300 225,000<br />
technical 200 200 40,000 500 100,000<br />
eng<strong>in</strong>eer 40 350 14,000 700 28,000<br />
supervisor 10 500 5,000 900 9,000<br />
1,000 US$ 149,000 US$ 362,000<br />
sav<strong>in</strong>g/mth US$ $213,000<br />
VN is 40% of PRC labour costs
<strong>VSIP</strong><br />
Export Incentives<br />
•Export tax 100% export - 〉<br />
Materials, equipment -0%<br />
•VAT<br />
100% export - 〉<br />
Equipment, facilities, materials, additives<br />
-0%<br />
•Profit<br />
repatrition tax<br />
Wef 1 Jan 2004 -0%<br />
<strong>VSIP</strong> – YOUR STRATEGIC BUSINESS PARTNER
<strong>VSIP</strong><br />
SPECIAL INVESTMENT INCENTIVES<br />
FOR ALL BUSINESS ENTITIES IN <strong>VSIP</strong> HP<br />
Incentive Categories<br />
Corporate<br />
Income Tax (CIT)<br />
Personal<br />
Income Tax<br />
Rate (PIT)<br />
Multiple & longterm<br />
visa (*)<br />
Incentive<br />
rates<br />
<strong>VSIP</strong> Haiphong<br />
10% for first 15<br />
years<br />
IPs and Locations<br />
outside EC<br />
25%<br />
CIT Holiday 04 years 0<br />
CIT<br />
Reduction<br />
50% for subsequent<br />
09 years<br />
50% reduction 100%<br />
Up to 5 years<br />
0<br />
Up to 3 years<br />
(*) Notes: Applicable to foreign expatriates and their family members
<strong>VSIP</strong><br />
Eg:US-VN BTA– Electronics tax regime<br />
US import tax Before After<br />
Telecoms Equipment<br />
PCB<br />
35% 0%<br />
Other PCB 35% 0%<br />
Semicon, micro-E 35% 0%<br />
Fibre Optics 65% 0%<br />
Motors sub-8.65W 90% 6.5%<br />
Datalogger, camera 35% 2.1%<br />
Computer switchgear 35% 0%<br />
Bus<strong>in</strong>ess In <strong>Vietnam</strong>.com
<strong>VSIP</strong><br />
VN <strong>in</strong> Brief<br />
Area 332,000 km2<br />
4 central adm<strong>in</strong> city<br />
57 prov<strong>in</strong>ces<br />
1) population: 87M<br />
HANOI<br />
4M<br />
903 km 2<br />
2) labour sub-35 y.o:<br />
50M (60%)<br />
3) literacy: 94 %<br />
4) GDP growth: 5.0% (2012)<br />
5) 48 hrs/wk, >300 days/yr<br />
6) Ave loaded base pay US120<br />
HCMC<br />
8 M<br />
2,095 km 2
<strong>VSIP</strong><br />
<strong>Vietnam</strong> - + po<strong>in</strong>ts<br />
Strategic location<br />
Sizeable domestic market<br />
Stable politics & socials<br />
VN<br />
Young & affordable labour<br />
Strong growth<br />
<strong>in</strong>centives for EPE
<strong>VSIP</strong><br />
Logistics<br />
中 國<br />
LAND<br />
Materials& components<br />
廣 州<br />
台 北<br />
緬 甸<br />
仰 光<br />
曼 谷<br />
寮 國<br />
泰 國<br />
永 珍<br />
柬 埔 寨<br />
河 內<br />
HaiPhong<br />
越 南<br />
香 港<br />
SEA->N.Asia, N Am<br />
菲 侓 賓<br />
馬 尼 拉<br />
台 灣<br />
LAND<br />
金 邊<br />
胡 志 明 市<br />
Dong Nai<br />
SEA-><br />
ASEAN<br />
馬 來 西 亞<br />
汶 萊<br />
Transhipment<br />
West<br />
吉 隆 坡<br />
RED<br />
DOT<br />
椰 加 達<br />
印 尼
# cases<br />
FDI YTD<br />
Value (US M)<br />
<strong>VSIP</strong><br />
1400<br />
80000<br />
No of cases<br />
1200<br />
Total FDI (<br />
US M )<br />
117169300<br />
1091 1100<br />
70000<br />
1000<br />
969<br />
60000<br />
833<br />
839<br />
50000<br />
800<br />
771<br />
697<br />
660<br />
723<br />
40000<br />
600<br />
460<br />
30000<br />
400<br />
200<br />
0<br />
370<br />
343<br />
21480<br />
325<br />
20300<br />
20000<br />
303<br />
18594<br />
268<br />
278<br />
260<br />
240<br />
197<br />
11559 13010<br />
151<br />
10000<br />
108<br />
8500<br />
6530<br />
6100<br />
4630 4060<br />
4200<br />
840 1320<br />
2170<br />
2860 2770<br />
3100<br />
1530 1970 2200 2070<br />
0<br />
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012<br />
Year 年
<strong>VSIP</strong><br />
2012 FDI Rank<strong>in</strong>g by Country
<strong>VSIP</strong><br />
<strong>VSIP</strong> Integral 1-stop service<br />
Investor<br />
Co-op<br />
<strong>VSIP</strong><br />
Market access<br />
f<strong>in</strong>ance comms<br />
HW- Complete <strong>in</strong>frastracture<br />
*Land rent–50 年 ,10%<br />
Interest<br />
(0.20*50)*1.1**50=<br />
USD117 ( <strong>VSIP</strong> pre-paid)<br />
*pil<strong>in</strong>g USD120/m2<br />
water<br />
road<br />
elect<br />
techno<br />
CCTV<br />
land<br />
Heat<br />
HR<br />
IT<br />
postal sewer<br />
hardware<br />
gas<br />
BASIC<br />
Internal<br />
Pheripheral<br />
Legal<br />
labour<br />
safety<br />
(security, fire-fight)<br />
SW- Excellent Service Level<br />
FAST<br />
STEADY<br />
$$$<br />
Logistics<br />
=> PROFIT<br />
External<br />
OS – Seamless Govt <strong>in</strong>terface
VITAL PARTNERS. ESSENTIAL SOLUTIONS.<br />
As a vital partner to our customers, we leverage our group<br />
strength and sector expertise to deliver essential solutions that<br />
enable them to do their bus<strong>in</strong>ess better.
SGP GLCs<br />
49.98%
SEMBCORP STRUCTURE<br />
MARCAP > S$10B<br />
TEMASEK (49.6%)*<br />
PUBLIC (50.4%)<br />
100% 100% 100% 60.9%<br />
UTILITIES<br />
ENVIRO<br />
TOWNSHIP<br />
MARINE<br />
OTHER<br />
SIP,SPM<br />
m<strong>in</strong>t<br />
Semb design&<br />
construct
Our Regional Presence for<br />
Urban & Industrial Land Development<br />
Ch<strong>in</strong>a<br />
• Wuxi-S<strong>in</strong>gapore Industrial Park<br />
• S<strong>in</strong>o-S<strong>in</strong>gapore Nanj<strong>in</strong>g Eco Hi-Tech<br />
Island<br />
• S<strong>in</strong>gapore-Sichuan Hi-Tech Innovation<br />
Park<br />
• Ch<strong>in</strong>a-S<strong>in</strong>gapore Suzhou Industrial<br />
Park*<br />
Indonesia<br />
• Gallant Venture (listed on SGX)<br />
– Batam<strong>in</strong>do Industrial Park<br />
– B<strong>in</strong>tan Industrial Estate<br />
– B<strong>in</strong>tan Resorts<br />
• Karimun Mar<strong>in</strong>e & Industrial<br />
Complex*<br />
<strong>Vietnam</strong><br />
• <strong>Vietnam</strong> S<strong>in</strong>gapore Industrial Park (<strong>VSIP</strong>)<br />
• <strong>VSIP</strong> B<strong>in</strong>h Duong Integrated Township & Industrial<br />
Park<br />
• <strong>VSIP</strong> Bac N<strong>in</strong>h Integrated Township & Industrial Park<br />
• <strong>VSIP</strong> Hai Phong Integrated Township & Industrial Park<br />
• <strong>VSIP</strong> Quang Ngai Integrated Township & Industrial<br />
Park<br />
*Projects not managed by SCD<br />
21
<strong>VSIP</strong><br />
<strong>VSIP</strong> shareholders<br />
Sembcorp Industrial Parks<br />
VN, PRC, ID<br />
Becamex<br />
- B<strong>in</strong>h Duong Prov<strong>in</strong>ce SOE<br />
- VN top 30<br />
- Bus<strong>in</strong>ess activities:<br />
- <strong>in</strong>frastructure<br />
- hous<strong>in</strong>g, Industrial park, C&R<br />
- banks<br />
- pharmaceuticals<br />
- Build<strong>in</strong>g materials<br />
- trad<strong>in</strong>g
<strong>VSIP</strong><br />
VN-SGP G2G FLAGSHIP PROJECT<br />
<strong>Vietnam</strong> S<strong>in</strong>gapore Industrial Park (<strong>VSIP</strong>)<br />
15 YEARS EFFORT<br />
1996 年 <strong>VSIP</strong> I GBC<br />
Right :VN PM Vo Van Kiet<br />
left: SGP SM Goh Chok Tong<br />
2006 年 <strong>VSIP</strong> 10 th Anniversary<br />
<strong>VSIP</strong> II MOU Sign<strong>in</strong>g<br />
Right : VN PM Nguyen Tan Dung<br />
Left : SGP PM Lee Hsien Loong
<strong>VSIP</strong><br />
RECOGNITION<br />
Best IP developer <strong>in</strong> VN<br />
Best-Perform<strong>in</strong>g Foreign Investment. All For<br />
An Economy Of Susta<strong>in</strong>able Development<br />
ISO 9001 / 14000<br />
BEST managed<br />
FDI projects
<strong>VSIP</strong><br />
<strong>VSIP</strong> TENANT MIX<br />
Top 10 Nationality Invested <strong>in</strong> <strong>VSIP</strong> Group<br />
1. Japan 6. USA<br />
2. <strong>Vietnam</strong> 7. Korea<br />
3. Taiwan 8. Hong Kong<br />
4. S<strong>in</strong>gapore 9. British<br />
5. Malaysia 10. Switzerland
<strong>VSIP</strong><br />
International EE brands
<strong>VSIP</strong><br />
Healthcare/ FMCG Brands
<strong>VSIP</strong><br />
<strong>VSIP</strong> MB<br />
Dedicated, <strong>in</strong>dependent adm<strong>in</strong>stration<br />
<strong>VSIP</strong> MB members comprise<br />
different components of VN Govt<br />
US$40M <strong>in</strong>vestment ceil<strong>in</strong>g fasttrack<br />
authority<br />
Helps with tenants’ adm<strong>in</strong>stration<br />
issues<br />
Award<strong>in</strong>g Investment Certs<br />
Support HR & Labour relations<br />
Approve work permits<br />
Issue customs papers, import<br />
quota permits<br />
<strong>VSIP</strong> MB expla<strong>in</strong><strong>in</strong>g legal<br />
issues to Unions
<strong>VSIP</strong><br />
<strong>VSIP</strong> Corporate services<br />
• Issue Investment License (mandar<strong>in</strong>,<br />
Eng, Jp
<strong>VSIP</strong><br />
Unique On-site customs, logistics<br />
• No Need clearance at port<br />
• In-park customs office<br />
• permanent station customs<br />
officers for smooth procedure<br />
<strong>VSIP</strong> II Logistics park (Start may 2006)<br />
<strong>VSIP</strong> EPZ (Feb 2006)
<strong>VSIP</strong><br />
B<strong>in</strong>h Duong Unique! VSTS<br />
• The FIRST Foreign Tra<strong>in</strong><strong>in</strong>g<br />
Technical Institute <strong>in</strong> VN<br />
• 2000 graduates/yr. Priority to <strong>VSIP</strong><br />
tenants<br />
• I year cirriculum :<br />
- mechanical projects<br />
- electrical ma<strong>in</strong>tenance<br />
- Electrical Projects<br />
- mach<strong>in</strong>e tool tra<strong>in</strong><strong>in</strong>g<br />
- PC CNC control<br />
• emphasis on Practical Ability<br />
• one mach<strong>in</strong>e lathe/student practice<br />
• basic English proficiency<br />
<strong>VSIP</strong><br />
YOUR STRATEGIC BUSINESS PARTNER<br />
<strong>VSIP</strong> - Your bus<strong>in</strong>ess partner
<strong>VSIP</strong><br />
<strong>VSIP</strong> partners- Amenities<br />
USD 70M Guocoland S<strong>in</strong>gapore township<br />
<strong>VSIP</strong><br />
YOUR STRATEGIC BUSINESS PARTNER<br />
<strong>VSIP</strong> - Your bus<strong>in</strong>ess partner
<strong>VSIP</strong><br />
<strong>VSIP</strong> partner - logistics<br />
USD100M mapletree park-<strong>in</strong>-park<br />
<strong>VSIP</strong><br />
YOUR STRATEGIC BUSINESS PARTNER
<strong>VSIP</strong> Bases<br />
at your service<br />
<strong>VSIP</strong> Bac N<strong>in</strong>h<br />
200+500 Ha Industrial + C&R<br />
(4/2010 handover)<br />
<strong>VSIP</strong> HaiPhong ( 12/2010 )<br />
1100+500 Industrial + C&R<br />
(2011 handover )<br />
<strong>VSIP</strong> Quang Ngai ( 2014 )<br />
500+550 Industrial + C&R<br />
B<strong>in</strong>h Duong<br />
<strong>VSIP</strong> I : 500 Ha (1996)<br />
<strong>VSIP</strong> II: 345 Ha (2005)<br />
<strong>VSIP</strong> IIA: 1,645 Ha ( 3/2010)<br />
Total <strong>in</strong>vestment > US$2,500,000,000<br />
Labour 85,000
<strong>VSIP</strong><br />
<strong>VSIP</strong> I – Southern classic<br />
Successful Ind. park<br />
mature 500Ha<br />
Oasis<br />
Amenties<br />
Services & cl<strong>in</strong>ic<br />
<strong>VSIP</strong><br />
YOUR STRATEGIC BUSINESS PARTNER
<strong>VSIP</strong><br />
<strong>VSIP</strong> II – B<strong>in</strong>h Duong<br />
total (1000+645) Ha<br />
<strong>VSIP</strong>II Adm<strong>in</strong> Office<br />
(open for pre-book)<br />
40ha–Mapletree LogPark
<strong>VSIP</strong><br />
<strong>VSIP</strong> HOA LOI RESIDENTIAL- 110 HA<br />
• l<strong>in</strong>ks <strong>VSIP</strong> II expansion and B<strong>in</strong>h Duong New City<br />
• shopp<strong>in</strong>g centers, schools, hospitals, office build<strong>in</strong>gs, cultural sport centers ;<br />
local government offices.
<strong>VSIP</strong> – NORTH<br />
(Bac N<strong>in</strong>h & HaiPhong)<br />
Efficient Superior Bases
<strong>VSIP</strong><br />
<strong>Vietnam</strong> North- Advantages<br />
Middle-of-Asia Location<br />
Ample labour<br />
V<br />
S<br />
I<br />
P<br />
well -developed<br />
<strong>in</strong>frastrature<br />
(CAFTA) -> PRC + 1<br />
High-tech cluster
ROADS BY<br />
Hanoi-NanN<strong>in</strong>g 380km<br />
Hanoi-Guangzhou 1370km<br />
Hanoi-Bangkok 1600km<br />
Hanoi-HCMC 1700km<br />
Hanoi-<strong>VSIP</strong> BacN<strong>in</strong>h 20km<br />
Ch<strong>in</strong>a<br />
Shanghai<br />
Korea<br />
Japan<br />
Japan<br />
SHIPPING TIME<br />
Nann<strong>in</strong>g<br />
Guangzhou<br />
HaiPhong-S<strong>in</strong> 6 days<br />
HaiPhong-Shanghai 12-16days<br />
HaiPhong-Taiwan 5 days<br />
HaiPhong-Japan 14 days<br />
HaiPhong-S. Korea 9 days<br />
Hanoi<br />
HaiPhong<br />
Hongkong<br />
Taiwan<br />
FLIGHTTIME<br />
Hanoi-S<strong>in</strong>gapore 3hr 30m<strong>in</strong><br />
Hanoi-Bangkok 2hr<br />
Hanoi-Hong Kong 2hrs 45m<strong>in</strong><br />
Hanoi-Taipei 2hrs 40m<strong>in</strong><br />
Hanoi-Seoul 4hrs<br />
Hanoi-Tokyo 5hrs 35m<strong>in</strong><br />
Bangkok<br />
HCMC<br />
S<strong>in</strong>gapore
To Lang Son 250<br />
km (5 hours)<br />
To Noi Bai Airport<br />
120 km (2.5 hours)<br />
To Hanoi<br />
100 km (2 hours)<br />
To Cai Lan Port<br />
60 km (70<br />
m<strong>in</strong>utes)<br />
To Haiphong<br />
Port<br />
16 km (20<br />
m<strong>in</strong>utes)<br />
To Cat Bi<br />
Domestic<br />
Airport<br />
15 km ( 20<br />
m<strong>in</strong>utes)<br />
12-hr sail-time to<br />
FangChenGang, South Ch<strong>in</strong>a<br />
CAFTA 1.1.2015
<strong>VSIP</strong><br />
PRC-ASEAN Gateway<br />
8 – 10 hrs<br />
Hanoi<br />
Nann<strong>in</strong>g , via<br />
Lang Son<br />
friendship<br />
pass<br />
PRC<br />
GuangZhou , Via<br />
Mong Cai<br />
44 – 55 hrs<br />
2 – 3 days
<strong>VSIP</strong><br />
VN North - Population Distribution<br />
Prov<strong>in</strong>ce Population<br />
Bac N<strong>in</strong>h 980,900<br />
Tay Nguyen 1,009,800<br />
Hanoi 4,000,000<br />
Bac Giang 1,580,500<br />
Ha Tay 2,500,900<br />
Nghe An 1,015,000<br />
Hai Duong 1,072,000<br />
Bac Kan 350,000<br />
Hoa B<strong>in</strong>h 850,000<br />
BAC NINH<br />
area: 807.6 km2<br />
GDP: 13.5%<br />
EE base
<strong>VSIP</strong><br />
Vn North EE cluster- supply base<br />
V<br />
S<br />
I<br />
P<br />
1A<br />
18<br />
河 内<br />
21<br />
<strong>VSIP</strong>- 北 寧<br />
1A<br />
5<br />
18<br />
18<br />
越 北
<strong>VSIP</strong><br />
<strong>VSIP</strong> BAC NINH @ A GLANCE<br />
• Establish: 2007<br />
• Township and Industrial Park<br />
• 20km from Hanoi<br />
• To Noi Bai Airport - 40 km<br />
• To Hai Phong Port - 120 km<br />
• To Cai Lan Port - 130 km<br />
• 700ha Integrated<br />
• 500ha for Industrial, 200ha for<br />
Residential &Commercial<br />
• Total 25 projects
<strong>VSIP</strong><br />
INTEGRATED TOWNSHIP<br />
PHASE 1: 400 ha<br />
Launch Date: Q3 2007<br />
Industrial Land Hand over: 4Q2009<br />
Sub-Station<br />
Water<br />
purification<br />
Plant<br />
Sewage<br />
Treatment<br />
Plant
<strong>VSIP</strong><br />
<strong>VSIP</strong> <strong>Vietnam</strong> North Bases<br />
Friendship pass (Guangxi border)<br />
Strategic<br />
location<br />
Noi Bai<br />
Airport<br />
<strong>VSIP</strong> BN<br />
- To hanoi 20km<br />
- To NoiBai Airport 40km<br />
- To HaiPhong City 95km<br />
- To GuangXi/CaiLan port 130km<br />
- To Friendship(LangSon) 130km<br />
- To MangCai(GX border) 200km<br />
21<br />
18<br />
Hanoi<br />
1A<br />
5<br />
1A<br />
VN north<br />
<strong>VSIP</strong>-bac<br />
N<strong>in</strong>h<br />
(2007)<br />
18<br />
18<br />
HaiPhong City<br />
Mong cai<br />
(GX border)<br />
Cai Lan port<br />
<strong>VSIP</strong>-HP<br />
(2010)
<strong>VSIP</strong> HAI PHONG<br />
<strong>VSIP</strong><br />
Overall mass<strong>in</strong>g
<strong>VSIP</strong><br />
HaiPhong City Politi-Geography<br />
- 120km east from Hanoi, on coast<br />
- Gateway to Southern PRC<br />
- total gazetted area 1,507 km2<br />
-7 counties, 8 districts<br />
- population 1.8M
<strong>VSIP</strong>
<strong>VSIP</strong> HP SEZ- Tax Sav<strong>in</strong>gs Calc<br />
Tax Sav<strong>in</strong>gs =<br />
$5.6Mil!!<br />
Calculation of Tax<br />
Sav<strong>in</strong>gs<br />
Year 3<br />
(1st Profitable Year)<br />
Non-SEZ<br />
SEZ<br />
Annual Turnover 10,000,000 10,000,000<br />
Gross Op NP before Tax 2,000,000 2,000,000<br />
Corporate Income Tax (CIT) 500,000 0<br />
NPAT 1,500,000 2,000,000<br />
15 Years<br />
Non-SEZ<br />
SEZ<br />
Gross Op NP before Tax 26,000,000 26,000,000<br />
Corporate Income Tax (CIT) 6,500,000 900,000<br />
NPAT 19,500,000 25,100,000<br />
SEZ CIT: 0% for Yr 1-6, 5% for Yr 7-15<br />
Assumption: GOP before Tax constant from Yr 3-15 yrs at 2,000,000/yr<br />
Company makes profit from Yr 3
<strong>VSIP</strong><br />
<strong>Vietnam</strong> North Export to ROW<br />
Current facilities:<br />
3 harbours, 80 years history<br />
16 berths,total length 2565m<br />
(depth -8.4 m ~ -8.7 m).<br />
Berth area: 36,550 m2.<br />
Warehouse area : 389,095 m 2 .<br />
02 new conta<strong>in</strong>er ports( Japanese ODA)<br />
receivable: 5,000 ~ 10,000 DWT ships<br />
Over 30 <strong>in</strong>ternational freight l<strong>in</strong>es operat<strong>in</strong>g<br />
Units:M tons<br />
HaiPhong handles over 90% over <strong>Vietnam</strong> north cargo volume
<strong>VSIP</strong><br />
Infrastructure Booster plans<br />
<strong>VSIP</strong> HP<br />
Upgrade Cat Bi<br />
airport<br />
Lach Huyen Deep-water port<br />
HN HP highway 5 (2012)<br />
Tien Lang<br />
International<br />
Airport 2018
<strong>VSIP</strong><br />
SURBANA (S<strong>in</strong>gapore’s Architect) Design<br />
To GuangN<strong>in</strong>h & PRC<br />
IP 500Ha<br />
To hanoi capital<br />
至 Lach Huyen 港 口<br />
Future HP CITY<br />
adm<strong>in</strong> center<br />
C&R belt, 1100ha<br />
HP old city
<strong>VSIP</strong><br />
<strong>VSIP</strong> HP Phase1A- almost DONE<br />
IP & BP: 207.4 Ha<br />
Township: 90.4 Ha
Development Progress Photos<br />
<strong>VSIP</strong><br />
The Entrance Road<br />
78
<strong>VSIP</strong><br />
<strong>VSIP</strong> HP Office Build<strong>in</strong>g<br />
<strong>VSIP</strong> HP Office Build<strong>in</strong>g <strong>in</strong> Dec’12<br />
Rebar <strong>in</strong>stallation and pour<strong>in</strong>g concrete for pavement <strong>in</strong> progress<br />
Furniture <strong>in</strong>stallation <strong>in</strong> Dec’12<br />
79
<strong>VSIP</strong><br />
Estate ma<strong>in</strong>tenance<br />
Landscap<strong>in</strong>g at the entrance road<br />
Landscap<strong>in</strong>g along D4B road – Kyocera Mita<br />
section<br />
Grass irrigation at STP 100CMD<br />
80
<strong>VSIP</strong><br />
Tenants’<br />
construction<br />
Zeon <strong>in</strong> Dec’12<br />
Nipro Pharma <strong>in</strong> Dec’12<br />
Fuji Xerox <strong>in</strong> Dec’12<br />
81
<strong>VSIP</strong><br />
<strong>VSIP</strong> HP Food Process<strong>in</strong>g Zone<br />
Focus on value-add<strong>in</strong>g dur<strong>in</strong>g stor<strong>in</strong>g , process<strong>in</strong>g and export<strong>in</strong>g of agro-produce<br />
(fruits,vegetables, horticulture) by build<strong>in</strong>g test services, specialist logistics, coldstore and<br />
professional services <strong>in</strong> one place , near to source<br />
e.g maize, rice, celery, potatoes, tomatoes, soya,longan, lychee, chillies<br />
FPZ<br />
10km to Port,<br />
3000km2 of h<strong>in</strong>terland
<strong>VSIP</strong> HP – Investment choices<br />
Land lease till 2058-> self-build<br />
(m<strong>in</strong> area: 7,000 m2)<br />
RBF<br />
Offices/commercial<br />
residential
<strong>VSIP</strong> HP – Quality Life<br />
周 围 配 套 服 设 施 务<br />
Song Gia Gof resort, Villa-condos<br />
Pearl River hotel 15km<br />
Parkson 10km Sunflower Serviced resort Apt 12 km QSI International School<br />
14 km
<strong>VSIP</strong> QN- STRATEGIC LOCATION<br />
Located <strong>in</strong> Son T<strong>in</strong>h district,<br />
<strong>in</strong>side Dung Quat EZ<br />
Surrounded by row of mounta<strong>in</strong>s<br />
separat<strong>in</strong>g sea coast and <strong>VSIP</strong> site<br />
With<strong>in</strong> an easy reach for external<br />
market Laos, Thailand, Myanmar<br />
Quang Ngai City has full facilities of<br />
schools, hospitals, banks, hotels,<br />
restaurants…
<strong>VSIP</strong> QUANG NGAI - DESIGN<br />
• MOU Sign<strong>in</strong>g 28 Sept 2011<br />
• Total development: 2,200 ha<br />
• Phase 1: 1,020 ha<br />
600 ha Industrial Park<br />
420 ha Residential-Commercial
<strong>VSIP</strong> QUANG NGAI- Transport<br />
<strong>VSIP</strong> QUANG NGAI to:<br />
• Chu Lai Airport : 40 km<br />
• Dung Quat port 1 : 25 km<br />
• Dung Quat Port 2<br />
(next 5 years) : 12 km<br />
• Sa Ky port : 20 km<br />
• Da Nang city : 130 km<br />
• HCM<br />
: 800 km<br />
• HaNoi<br />
: 900 km<br />
Flight time:<br />
• HCM – CHULAI : 1h40’<br />
• HCM – DANANG : 1h<br />
• HN – CHULAI : 1h20’<br />
• HN – DANANG : 1h10’
<strong>VSIP</strong> QUANG NGAI- Logistics<br />
Shipp<strong>in</strong>g:<br />
DAD — NEWYORK : $US 3680 / 4600 / 4775<br />
DAD—SHANGHAI : $US 250 / 500<br />
DAD—KOREA : $US 450 / 850<br />
DAD—JAPAN : $US 350 / 700<br />
DAD—BANGKOK : $US 350 / 700<br />
DAD-HKG : $US 150 / 300<br />
* Note: DAD is DANANG City<br />
In land road:<br />
From B<strong>in</strong>h Duong- Quang Ngai : US$1500/ per conta<strong>in</strong>er 40’
<strong>VSIP</strong> QUANG NGAI- Tax Holidays<br />
<strong>VSIP</strong> work<strong>in</strong>g with Government on EVEN MORE <strong>in</strong>centive<br />
Categories<br />
<strong>VSIP</strong> Quang Ngai<br />
Other IP<br />
out side EZ<br />
Incentive rates 10% for first 15 years 25%<br />
Corporate Income<br />
Tax (CIT)<br />
CIT Holidays 04 years Nil<br />
CIT reduction<br />
50% for subsequent<br />
09 years<br />
Nil<br />
Personal Income Tax (PIT) 50% reduction Full payment<br />
Long – term visa<br />
Up to 5 years<br />
Up to 3<br />
years<br />
Import duty: exempted for 5 years from 1 st production day for materials,<br />
raw materials, semi-f<strong>in</strong>ished products which not produced locally
<strong>VSIP</strong> QUANG NGAI- Labour Cost<br />
MINIMUM SALARY<br />
Level/<br />
Month<br />
(VND)<br />
(USD) Applied <strong>in</strong> Region Prov<strong>in</strong>ces<br />
1,550,000 77.5 III<br />
(Applicable <strong>in</strong> <strong>VSIP</strong><br />
Quang Ngai)<br />
Quang Ngai, B<strong>in</strong>h Phuoc, Ben<br />
tre, V<strong>in</strong>h Long…<br />
1.780.000 89.0 II Da Nang, Thua Thien Hue..<br />
2,000,000 100 I Hanoi, HCMC, Vung Tau,<br />
Dong Nai, B<strong>in</strong>h Duong
<strong>VSIP</strong> QUANG NGAI- Typical Wages<br />
BASIC WAGE (In <strong>VSIP</strong>)<br />
Unskilled (Operator) US$ 80-120<br />
Skilled (Technical) US$ 120 - 200<br />
Supervisory US$ 250 - 350<br />
Eng<strong>in</strong>eer US$ 250 - 400<br />
Accountant US$ 200 - 400<br />
Managers (Production)<br />
US$ 600 above<br />
ALLOWANCE (Additional)<br />
Lunch Allowance<br />
10,000 VND - 30,000 VND per meal<br />
Transport Allowance 100,000 VND - 300,000 VND /<br />
worker / month
<strong>VSIP</strong> QUANG NGAI –Target Sectors<br />
FOOD<br />
FMCG<br />
PACKAGING<br />
FOOTWEAR<br />
GARMENT
<strong>VSIP</strong><br />
WHY partner <strong>VSIP</strong><br />
Consider<strong>in</strong>g PRICE alone<br />
is short-chang<strong>in</strong>g<br />
yourself!!<br />
value = (quality X quantity) /<br />
price<br />
<strong>VSIP</strong> is<br />
• Verifiable: pre-knowledge of price, procedure, time<br />
• Speedy: 1-stop DO-ALL license, permits,HR etc<br />
• I ntegral: follow-through from start to end<br />
• Personal+Responsible : dedicated CS officer<br />
• Thorough & careful, Secure, safe, lawful
‘work & play’ – The Beautiful life<br />
Hi-Tech<br />
Cluster<br />
clean Industrial zone<br />
<strong>VSIP</strong> 海 防 – 您 最 理 想 的 合 作 伙 伴<br />
park<br />
university<br />
市 政 府 行 政 中 心<br />
Trade expo<br />
adm<strong>in</strong> center<br />
Hi-end<br />
shops<br />
Eco-park<br />
villas<br />
Riverside<br />
cruise<br />
berth<br />
Riverside<br />
park<br />
Cultural<br />
precc<strong>in</strong>t<br />
Thanks!!
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