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EconomicsBusinessSlides

EconomicsBusinessSlides

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Published by: api-3776184 on Oct 16, 2008
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03/18/2014

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SLIDE 1: Vietnam: next Singapore in the making?
\ue000Booming economy, grew 8.5% in 2005 and more
than 7% for a decade
\ue000Vietnam this year might wrap up negotiations for
World Trade Organization membership in Nov 2006
\ue000$1 billion improving its roads and airports in recent
years
\ue000Eagerness and highly educated and untapped skilled
labor force
\ue000Half of the population under 30 years old and not shy
of technology
\ue000A population of 83 or 84 million, a growing economy,
and low cost
\ue000Vietnam's political and social stability
\ue000Rapid Export, Industrial Growth
(Source: Businessweek)
SLIDE 2: Vietnam: No more low-tech box
\ue000Intel Corp. $605 million investment in chip factory
o

Intel chose Vietnam over China, Malaysia, or
the Philippines because of the country's lower
costs for skilled workers and its booming
economy, which grew 8.5% last year.

\ue000Canon Inc. $110 million on an ink jet printer project
\ue000Nidec Corp. of Japan plans to build two plants to
make electronic components, at a total cost of $940
million
\ue000Fujitsu Ltd. (FJTSY ) has invested $200 million and
employs 3,200 people making circuit boards for PCs
and phones.
\ue000Virginia-based utility AES Corp. (AES ) is negotiating

to build a 1,000-megawatt power plant in the northern
province of Quang Ninh that could cost as much as
$1 billion.

\ue000And Cisco Systems (CSCO ), Nortel Networks (NT ),
and Motorola (MOT ) are installing telecom
equipment
\ue0002005 saw approved foreign direct investment jumped
41%, to $5.8 billion

\ue000IDG Ventures Vietnam, US 100m
\ue000Vinashin ???
\ue000Hi-tech from dometic investment.

(Source: The Businessweek)
SLIDE 3: Vietnam: the land of opportunities
\ue000Explosive Private Firm Formation: more than 30,000
businesses had been created with encouraging role
in the economy
\ue000Good Social Indicators: Vietnamese were the most

optimistic people of the 44 countries covered in an
international survey conducted by the Pew Research
Center concerning their future expectations as
reported in the International Herald Tribune on
December 5, 2002

o
Refer to new update: VN is the ha ppiest contry
of Asia (an12th in the w).
\ue000most expensive land for factories costs only slightly
more than half what China's priciest areas do
\ue000shipping from Ho Chi Minh City (the former Saigon) is

about 6% to 8% cheaper than from Thailand or Indonesia (though slightly more than rates from Shenzhen, China)

\ue000Vietnam offers corporations an alternative location in
the event their operations in China get shut down
Source: Businessweek, The economist, The Fulbright VN
Program

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