Vietnam

Country Region
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
81,780,000
Capital Required(USD)
Nil
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Vietnam's shift from a centrally planned economy to a market economy has transformed it into a lower-middle-income country. Vietnam’s economy continues to show fundamental strength, supported by robust domestic demand and export-oriented manufacturing. Vietnam is now one of the most dynamic and fastest-growing emerging markets globally. In 2018, a continued stellar expansion in manufacturing output, propelled by buoyant export demand for electronics and supported by robust FDI inflows, primarily fuelled solid growth. 2018's robust growth is expected to spill over into 2019 and 2020, thanks to healthy private consumption supported by strong private credit growth and rising incomes. The industrial sector also continues to expand at a stellar pace, supported by strong FDI inflows. Vietnam's 2011-2020 Socio-Economic Development Strategy – a 10-year strategy – highlights the need for structural reforms, environmental sustainability, social equity and macroeconomic stability. The Socio-Economic Development Plan for 2016-2020, approved in April 2016, looks to accelerate reforms.

Sources: World Bank, Fitch Solutions

 

Major Economic/Political Events and Upcoming Elections

September 2016
India announced half a billion dollars' worth of credit for Vietnam towards defence spending.

 

July 2018
Doosan Heavy Industries & Construction started the construction of a 1.33GW thermal power project in Vietnam. The project, known as Nghi Son 2, involves construction of two 665MW thermal power generation plants in Thanh Hóa. Construction is scheduled to be completed by July 2022.

 

August 2018
Thai firm Siam Cement Group Public Company Limited had signed loan agreements worth more than USD3.2 billion with six financial institutions for the Long Son Petrochemicals' complex in Vietnam. The project, which would require an investment of around USD5.4 billion, would be located in Bà Ria-Vung Tàu Province. Commercial operations are expected to begin in 2023.

 

October 2018
The Communist Party of Vietnam, Vietnam's ruling Communist Party, agreed to nominate General Secretary Nguyen Phu Trong as president. This took place almost two weeks after the death of former-president Tran Dai Quang on September 21, 2018.

 

December 2018
Construction was scheduled to start on Hà Noi's mega smart city in Vietnam in December, subject to timely approvals and land availability. The 2.72sq km Nhat Tân-Noi Bài project is estimated to cost USD4.2 billion and works are scheduled to be completed in 2030.

 

January 2019
In 2018, the Vietnamese government passed several new and amended laws which come into effect in 2019. The laws primarily focus on wages, environmental projects, the food industry, rural development, cybersecurity and administrative procedures.

 

October 2019
Sumitomo Corporation and BRG Group formed a 50-50 joint venture to build a USD4.2 billion smart city in Hanoi. The five-phase project would come up on a 2.72sq km area in the northern district of Dong Anh. Overall, the project will have 7,000 residential units, hospitals, schools, disaster prevention facilities, security systems and commercial facilities. Construction will start in 2020 with the project due for completion in 2028.

 

November 2019
The government of Vietnam sanctioned Dung Quat 1 and 3 combined cycle gas turbine plants in Quang Ngai province. The power facilities would have a capacity of 750MW each. The Dung Quat 1 plant is planned to begin construction in January 2021 and first light to be produced in December 2023. Construction of the Dung Quat 3 is due to start in January 2022 with operations slated to commence in December 2024. The two facilities will use gas from Blue Whale gas field in South China Sea.

Sources: BBC Country Profile – Timeline, Fitch Solutions, VN Express

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Disclaimer

  1. The information submitted will not be independently verified by the Hong Kong Trade Development Council (HKTDC). HKTDC does not take responsibility for such information and endorse the accuracy, adequacy, completeness, timeliness, reasonableness or any other aspects of the information submitted.
  2. To the fullest extent permitted by law, HKTDC shall not be liable for any and all liability arising out of including without limitation any inaccuracies, incompleteness, errors in, or omissions from, the information submitted nor any representations or misrepresentations contained therein. In no event will HKTDC be liable for any claim, or any direct, indirect, special, incidental or consequential damages, losses or expenses asserted by any third party due to or arising from or in connection with any use or reliance of such information on the Belt and Road Portal website even if they are made or should be aware of the same.
  3. HKTDC may, in their sole discretion and at any time, without prior notice to you and without cause, remove, delete, delist, make or adopt any changes, modifications or amendments to, or correct any error or omission to any information contained in and data linked to your profile on the Belt and Road Portal website and Belt and Road Portal-related publications. HKTDC shall not be liable for any loss of data, removal of information, or for any claim, or any direct, indirect, special, incidental, or consequential damages of any kind (including lost profits) resulting from the removal of your profile or other content of the profile from the Belt and Road Portal website and Belt and Road Portal-related publications.
  4. In the event of any inconsistency between the English and Chinese versions, the English version shall prevail.
Who can help you in this project?
Acuris
NFC Touch Limited
Fujitsu Business Technologies Asia Pacific Limited
Cherrypicks
BEGHELLI ASIA PACIFIC LTD
Arwin Technology Limited
Actywell Digital Limited
Joy Aether Limited
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Company Profile
Company Profile

FreightAmigo is One-stop Supply Chain Finance eMarketplace. FreightAmigo= FreightTech + FinTech. Our international digital logistics services including air freight, sea freight, rail freight, trucking and courier services. We connected enterprise clients with supply chain service providers on FreightAmigo platform. Right here, you can search out over 200 countries door-to-door freight quotes including United States, Europe (e.g. Germany, Spain, Italy), Asia (e.g. Korea, Thailand, Japan, Philippines), Africa, the Middle East etc. instant price comparison to save you over 60% freight cost. Shipment tracking connected over 300 carriers, get the latest status anytime and anywhere. You can also One-Stop to manage customs, trade finance and cargo insurance to streamline your supply chain management process. Make trade easier.

Project Experience
Africa
Fin-tech, Transport and Logistics Infrastructure
Australasia
Fin-tech, Transport and Logistics Infrastructure
Western Europe
Fin-tech, Transport and Logistics Infrastructure
Central and Eastern Europe
Fin-tech, Transport and Logistics Infrastructure
North America
Fin-tech, Transport and Logistics Infrastructure
Latin America
Fin-tech, Transport and Logistics Infrastructure
South Asia
Fin-tech, Transport and Logistics Infrastructure
Central Asia
Fin-tech, Transport and Logistics Infrastructure
Southeast Asia
Fin-tech, Transport and Logistics Infrastructure
Northeast Asia
Fin-tech, Transport and Logistics Infrastructure
Mainland China
Fin-tech, Transport and Logistics Infrastructure
Middle East
Fin-tech, Transport and Logistics Infrastructure
Has been added to favorites Has been removed from favorites
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
140,000,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)

About this project

Overview

Vietnam's shift from a centrally planned economy to a market economy has transformed it into a lower-middle-income country. Vietnam’s economy continues to show fundamental strength, supported by robust domestic demand and export-oriented manufacturing. Vietnam is now one of the most dynamic and fastest-growing emerging markets globally. In 2018, a continued stellar expansion in manufacturing output, propelled by buoyant export demand for electronics and supported by robust FDI inflows, primarily fuelled solid growth. 2018's robust growth is expected to spill over into 2019 and 2020, thanks to healthy private consumption supported by strong private credit growth and rising incomes. The industrial sector also continues to expand at a stellar pace, supported by strong FDI inflows. Vietnam's 2011-2020 Socio-Economic Development Strategy – a 10-year strategy – highlights the need for structural reforms, environmental sustainability, social equity and macroeconomic stability. The Socio-Economic Development Plan for 2016-2020, approved in April 2016, looks to accelerate reforms.

Sources: World Bank, Fitch Solutions

 

Major Economic/Political Events and Upcoming Elections

September 2016
India announced half a billion dollars' worth of credit for Vietnam towards defence spending.

 

July 2018
Doosan Heavy Industries & Construction started the construction of a 1.33GW thermal power project in Vietnam. The project, known as Nghi Son 2, involves construction of two 665MW thermal power generation plants in Thanh Hóa. Construction is scheduled to be completed by July 2022.

 

August 2018
Thai firm Siam Cement Group Public Company Limited had signed loan agreements worth more than USD3.2 billion with six financial institutions for the Long Son Petrochemicals' complex in Vietnam. The project, which would require an investment of around USD5.4 billion, would be located in Bà Ria-Vung Tàu Province. Commercial operations are expected to begin in 2023.

 

October 2018
The Communist Party of Vietnam, Vietnam's ruling Communist Party, agreed to nominate General Secretary Nguyen Phu Trong as president. This took place almost two weeks after the death of former-president Tran Dai Quang on September 21, 2018.

 

December 2018
Construction was scheduled to start on Hà Noi's mega smart city in Vietnam in December, subject to timely approvals and land availability. The 2.72sq km Nhat Tân-Noi Bài project is estimated to cost USD4.2 billion and works are scheduled to be completed in 2030.

 

January 2019
In 2018, the Vietnamese government passed several new and amended laws which come into effect in 2019. The laws primarily focus on wages, environmental projects, the food industry, rural development, cybersecurity and administrative procedures.

 

October 2019
Sumitomo Corporation and BRG Group formed a 50-50 joint venture to build a USD4.2 billion smart city in Hanoi. The five-phase project would come up on a 2.72sq km area in the northern district of Dong Anh. Overall, the project will have 7,000 residential units, hospitals, schools, disaster prevention facilities, security systems and commercial facilities. Construction will start in 2020 with the project due for completion in 2028.

 

November 2019
The government of Vietnam sanctioned Dung Quat 1 and 3 combined cycle gas turbine plants in Quang Ngai province. The power facilities would have a capacity of 750MW each. The Dung Quat 1 plant is planned to begin construction in January 2021 and first light to be produced in December 2023. Construction of the Dung Quat 3 is due to start in January 2022 with operations slated to commence in December 2024. The two facilities will use gas from Blue Whale gas field in South China Sea.

Sources: BBC Country Profile – Timeline, Fitch Solutions, VN Express

Has been added to favorites Has been removed from favorites

Disclaimer

  1. The information submitted will not be independently verified by the Hong Kong Trade Development Council (HKTDC). HKTDC does not take responsibility for such information and endorse the accuracy, adequacy, completeness, timeliness, reasonableness or any other aspects of the information submitted.
  2. To the fullest extent permitted by law, HKTDC shall not be liable for any and all liability arising out of including without limitation any inaccuracies, incompleteness, errors in, or omissions from, the information submitted nor any representations or misrepresentations contained therein. In no event will HKTDC be liable for any claim, or any direct, indirect, special, incidental or consequential damages, losses or expenses asserted by any third party due to or arising from or in connection with any use or reliance of such information on the Belt and Road Portal website even if they are made or should be aware of the same.
  3. HKTDC may, in their sole discretion and at any time, without prior notice to you and without cause, remove, delete, delist, make or adopt any changes, modifications or amendments to, or correct any error or omission to any information contained in and data linked to your profile on the Belt and Road Portal website and Belt and Road Portal-related publications. HKTDC shall not be liable for any loss of data, removal of information, or for any claim, or any direct, indirect, special, incidental, or consequential damages of any kind (including lost profits) resulting from the removal of your profile or other content of the profile from the Belt and Road Portal website and Belt and Road Portal-related publications.
  4. In the event of any inconsistency between the English and Chinese versions, the English version shall prevail.
Who can help you in this project?
Acuris
NFC Touch Limited
Fujitsu Business Technologies Asia Pacific Limited
Cherrypicks
BEGHELLI ASIA PACIFIC LTD
Arwin Technology Limited
Actywell Digital Limited
Joy Aether Limited
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Company Profile
Company Profile

Colliers International (Hong Kong) Limited is a member of Colliers International Group Inc.

Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services provider operating in 68 countries with a workforce of more than 14,000 professionals, including 2 offices in Hong Kong and 11 offices in mainland China. Through cooperation among members within Colliers International Group Inc., we provide service covering the Belt and Road countries.

We deliver a full range of services to real estate occupiers, owners and investors across all sectors worldwide. From property search and selection, to project management, to valuation and appraisal, we provide creative solutions to our clients’ most complex requirements. We also provide business enterprise valuation and advisory services for our clients for different purposes including IPO, Merge & Acquisition, investment, financial reporting, etc.

Project Experience
Mainland China
Agriculture and Rural Development, Logistics Parks/Centres
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Company Profile

FedEx Express is one of the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments by a definite time and date supported by a money-back guarantee1.

1Subject to relevant terms and conditions

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Company Profile

Regal Hotels is one of the largest hotel operators in Hong Kong, currently owns and manages 25 hotels with over 10,000 rooms and 90 restaurants and bars. Committed to exceeding the needs of each guest, Regal Hotels provide first class international guestrooms and facilities including state-of-the-art meeting rooms.

The Group has 10 operating hotels in Hong Kong, 4 in Shanghai, 2 in Dezhou and 1 in Foshan, Xi’an, Zhengzhou and Barcelona respectively. 5 separate hotels will be opened within the next few years in Hong Kong and major cities in Mainland China including Chengdu, Jiangmen and Kunshan.

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Company Profile
Company Profile

WT Partnership (WTP) is a leading global construction cost consultant. Founded in Australia in 1949. We have established more than 60 offices in Australia, Europe, Asia, Africa and America and offer clients a seamless and efficient consultancy service in all parts of the world. WTP global footprint can deliver more professional solutions for clients in Belt and Road countries.

WTP expertise covers the building, construction and infrastructure sectors, as well as the management of facilities and the provision of consultancy services. We help our clients achieve their ultimate commercial objectives through optimized cost solutions. WTP has been involved in construction projects in China for more than 40 years, with a wide range of projects including Aviation, Ports & Marine, Power, Land subdivisions, Public private partnership, Mixed-use, Hotel, Office, Residential, Entertainment, etc.

Project Experience
Africa
Agriculture and Rural Development, Manufacturing (industrial parks, logistics parks, machinery), Transport and Logistics Infrastructure, Ports, Terminals and Airports, Insurance
Australasia
Telecommunications, Natural Resources (including oil and gas), Agriculture and Rural Development, Transport and Logistics Infrastructure, Highways, Bridges and Tunnels, Ports, Terminals and Airports, Highways, Bridges and Tunnels, Rail and Mass Transit, Smart City, Water and Waste Management, Manufacturing (industrial parks, logistics parks, machinery), Technology, Urban Development, High-rise, Mixed-use Development, Transit-oriented Development
Western Europe
Agriculture and Rural Development, Manufacturing (industrial parks, logistics parks, machinery), Transport and Logistics Infrastructure, Urban Development, High-rise, Mixed-use Development, Transit-oriented Development, Telecommunications, Power and Energy, Water and Waste Management, Rail and Mass Transit, Highways, Bridges and Tunnels, Smart City, Logistics Parks/Centres
Central and Eastern Europe
Power and Energy, Telecommunications, Natural Resources (including oil and gas), Water and Waste Management, Ports, Terminals and Airports, Rail and Mass Transit, Highways, Bridges and Tunnels, Logistics Parks/Centres, Agriculture and Rural Development, Manufacturing (industrial parks, logistics parks, machinery), Urban Development, High-rise, Mixed-use Development, Transit-oriented Development
North America
Power and Energy, Telecommunications, Natural Resources (including oil and gas), Water and Waste Management, Ports, Terminals and Airports, Rail and Mass Transit, Highways, Bridges and Tunnels, Smart City, Logistics Parks/Centres, Bio-tech, Agriculture and Rural Development, Manufacturing (industrial parks, logistics parks, machinery), Clean-tech, Fin-tech, ICT infrastructure, Manufacturing-tech, Transport and Logistics Infrastructure, Urban Development, High-rise, Mixed-use Development, Transit-oriented Development
Latin America
Agriculture and Rural Development, Transport and Logistics Infrastructure, Urban Development
South Asia
Agriculture and Rural Development, Manufacturing (industrial parks, logistics parks, machinery), Transport and Logistics Infrastructure, High-rise, Mixed-use Development, Transit-oriented Development, Water and Waste Management, Ports, Terminals and Airports, Rail and Mass Transit, Highways, Bridges and Tunnels, Smart City, Logistics Parks/Centres
Central Asia
Agriculture and Rural Development, Transport and Logistics Infrastructure
Middle East
Power and Energy, Ports, Terminals and Airports, Rail and Mass Transit, Highways, Bridges and Tunnels, Agriculture and Rural Development, Manufacturing (industrial parks, logistics parks, machinery), Transport and Logistics Infrastructure, Urban Development, Mixed-use Development
Mainland China
Power and Energy, Telecommunications, Natural Resources (including oil and gas), Ports, Terminals and Airports, Rail and Mass Transit, Highways, Bridges and Tunnels, Smart City, Water and Waste Management, Agriculture and Rural Development, Manufacturing (industrial parks, logistics parks, machinery), Technology, Transport and Logistics Infrastructure, Urban Development, High-rise, Mixed-use Development, Transit-oriented Development
Southeast Asia
Agriculture and Rural Development, Manufacturing (industrial parks, logistics parks, machinery), Technology, Transport and Logistics Infrastructure, Urban Development, High-rise, Mixed-use Development, Transit-oriented Development, Power and Energy, Telecommunications, Natural Resources (including oil and gas), Ports, Terminals and Airports, Rail and Mass Transit, Highways, Bridges and Tunnels, Smart City, Water and Waste Management
Has been added to favorites Has been removed from favorites
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
Nil
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Vietnam's shift from a centrally planned economy to a market economy has transformed it into a lower-middle-income country. Vietnam’s economy continues to show fundamental strength, supported by robust domestic demand and export-oriented manufacturing. Vietnam is now one of the most dynamic and fastest-growing emerging markets globally. In 2018, a continued stellar expansion in manufacturing output, propelled by buoyant export demand for electronics and supported by robust FDI inflows, primarily fuelled solid growth. 2018's robust growth is expected to spill over into 2019 and 2020, thanks to healthy private consumption supported by strong private credit growth and rising incomes. The industrial sector also continues to expand at a stellar pace, supported by strong FDI inflows. Vietnam's 2011-2020 Socio-Economic Development Strategy – a 10-year strategy – highlights the need for structural reforms, environmental sustainability, social equity and macroeconomic stability. The Socio-Economic Development Plan for 2016-2020, approved in April 2016, looks to accelerate reforms.

Sources: World Bank, Fitch Solutions

 

Major Economic/Political Events and Upcoming Elections

September 2016
India announced half a billion dollars' worth of credit for Vietnam towards defence spending.

 

July 2018
Doosan Heavy Industries & Construction started the construction of a 1.33GW thermal power project in Vietnam. The project, known as Nghi Son 2, involves construction of two 665MW thermal power generation plants in Thanh Hóa. Construction is scheduled to be completed by July 2022.

 

August 2018
Thai firm Siam Cement Group Public Company Limited had signed loan agreements worth more than USD3.2 billion with six financial institutions for the Long Son Petrochemicals' complex in Vietnam. The project, which would require an investment of around USD5.4 billion, would be located in Bà Ria-Vung Tàu Province. Commercial operations are expected to begin in 2023.

 

October 2018
The Communist Party of Vietnam, Vietnam's ruling Communist Party, agreed to nominate General Secretary Nguyen Phu Trong as president. This took place almost two weeks after the death of former-president Tran Dai Quang on September 21, 2018.

 

December 2018
Construction was scheduled to start on Hà Noi's mega smart city in Vietnam in December, subject to timely approvals and land availability. The 2.72sq km Nhat Tân-Noi Bài project is estimated to cost USD4.2 billion and works are scheduled to be completed in 2030.

 

January 2019
In 2018, the Vietnamese government passed several new and amended laws which come into effect in 2019. The laws primarily focus on wages, environmental projects, the food industry, rural development, cybersecurity and administrative procedures.

 

October 2019
Sumitomo Corporation and BRG Group formed a 50-50 joint venture to build a USD4.2 billion smart city in Hanoi. The five-phase project would come up on a 2.72sq km area in the northern district of Dong Anh. Overall, the project will have 7,000 residential units, hospitals, schools, disaster prevention facilities, security systems and commercial facilities. Construction will start in 2020 with the project due for completion in 2028.

 

November 2019
The government of Vietnam sanctioned Dung Quat 1 and 3 combined cycle gas turbine plants in Quang Ngai province. The power facilities would have a capacity of 750MW each. The Dung Quat 1 plant is planned to begin construction in January 2021 and first light to be produced in December 2023. Construction of the Dung Quat 3 is due to start in January 2022 with operations slated to commence in December 2024. The two facilities will use gas from Blue Whale gas field in South China Sea.

Sources: BBC Country Profile – Timeline, Fitch Solutions, VN Express

Has been added to favorites Has been removed from favorites

Disclaimer

  1. The information submitted will not be independently verified by the Hong Kong Trade Development Council (HKTDC). HKTDC does not take responsibility for such information and endorse the accuracy, adequacy, completeness, timeliness, reasonableness or any other aspects of the information submitted.
  2. To the fullest extent permitted by law, HKTDC shall not be liable for any and all liability arising out of including without limitation any inaccuracies, incompleteness, errors in, or omissions from, the information submitted nor any representations or misrepresentations contained therein. In no event will HKTDC be liable for any claim, or any direct, indirect, special, incidental or consequential damages, losses or expenses asserted by any third party due to or arising from or in connection with any use or reliance of such information on the Belt and Road Portal website even if they are made or should be aware of the same.
  3. HKTDC may, in their sole discretion and at any time, without prior notice to you and without cause, remove, delete, delist, make or adopt any changes, modifications or amendments to, or correct any error or omission to any information contained in and data linked to your profile on the Belt and Road Portal website and Belt and Road Portal-related publications. HKTDC shall not be liable for any loss of data, removal of information, or for any claim, or any direct, indirect, special, incidental, or consequential damages of any kind (including lost profits) resulting from the removal of your profile or other content of the profile from the Belt and Road Portal website and Belt and Road Portal-related publications.
  4. In the event of any inconsistency between the English and Chinese versions, the English version shall prevail.
Who can help you in this project?
Acuris
NFC Touch Limited
Fujitsu Business Technologies Asia Pacific Limited
Cherrypicks
BEGHELLI ASIA PACIFIC LTD
Arwin Technology Limited
Actywell Digital Limited
Joy Aether Limited
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure