Professional Documents
Culture Documents
4
2
Handbook Cover Photos:
1. Lancaster Lincoln - HCMC
2. Spirit of Saigon - HCMC
3 5 3. Lancaster Legacy - HCMC
4. Vietcapital Tower - HCMC
5. Empire City - HCMC
2
Copyright Statement and information ca-
veat
3
TABLE OF CONTENTS
Page No.
Table of Contents 4
Calendars 6
Introduction 7
3. PROPERTY INVESTMENT
4
Page No.
Language 90
Accounting System 90
Banks 91
Government Administration 93
Taxation 94
Insurance 99
Workforce 105
5. OTHER INFORMATION
5
6
ARCADIS VIETNAM CO., LTD CALENDARS
CALENDARS
INTRODUCTION
INTRODUCTION 7
CONSTRUCTION COST DATA
1
Construction Market 2017 Outlook
Major Rates for Selected Asian Cities
100 3000
2500
80
2000
60
1500
20
500
0 0
'00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
ANNUAL FOREIGN INVESTMENT
Year ‘00 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16
Registered Capital (bn US$) 2.84 3.14 3.00 3.19 4.55 6.84 12.00 21.30 71.73 22.63 18.60 12.70 12.18 20.82 20.23 22.76 24.37
Legal Capital (bn US$) 1.31 1.71 1.27 1.14 1.22 1.97 4.67 6.04 11.50 10.00 11.00 10.05 10.00 10.55 12.35 14.50 15.80
No. of Projects 391 555 808 791 811 970 987 1544 1557 1155 969 919 980 1175 1588 2013 2556
11
12
ARCADIS VIETNAM CO., LTD 1
(mil US$) Nos. of projects
8000 1000
800
6000
600
4000
FDI BY COUNTRIES
400
2000
200
0 0
Taiwan Malaysia Japan S. Korea Singapore B.V.Islands Hong Kong Thailand United States China
Country Taiwan Malaysia Japan S.Korea Singapore B.V.Islands Hong Kong Thailand United States China
CONSTRUCTION COST DATA
Registered Capital (mil US$) 1,860.16 914.03 2,589.86 7,036.30 2,419.09 858.24 1,640.15 706.50 400.40 1,875.22
No. of Projects 122.00 40.00 341.00 828.00 210.00 48.00 166.00 35.00 64.00 278.00
2%
6%
92%
Registered
No. of
Sector Capital
projects
(mn US$)
2
VIETNAM ANNUAL ODA
0
'00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
Country ‘00 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16
CONSTRUCTION COST DATA
ODA Conclusion 1.77 2.41 1.81 1.76 5.57 2.52 2.82 3.80 3.46 5.40 3.40 6.80 5.87 6.60 4.38 3.50 5.38
ODA Disbursement 1.65 1.50 1.53 1.42 1.65 1.79 1.79 2.18 2.14 4.10 3.54 3.65 4.18 5.13 5.66 5.00 3.70
12 10
10
8
8
6
2 2
- -
(2) '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
Country ‘00 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16
Construction, Real Growth 7.51 12.78 10.57 10.59 9.03 10.80 11.05 12.10 0.02 11.36 10.06 (0.97) 2.09 5.83 7.07 10.82 9.10
Construction Value 1.63 1.94 2.07 2.39 2.82 3.36 4.03 4.95 5.83 6.19 7.26 7.86 8.59 9.14 9.80 10.39 7.01
15
16
ARCADIS VIETNAM CO., LTD 1
HO CHI MINH # MANILA INDIA ₲ JAKARTA # SEOUL $
DESCRIPTION UNIT
VND PHP INR IDR KRW
10. Sawn formwork to columns and walls m2 198,900 950 700 170,000 30,000
11. 112.5mm thick brick walls m2 312,780 N/A 1,050 200,000 46,000
MAJOR RATES FOR SELECTED ASIAN CITIES
The above costs are at 4th Quarter 2016 levels and are based on lump sum fixed price contract rates exclusive of preliminaries and contingencies.
Ω Rate for aluminium with anodized finish; 6mm thick. # Rates are nett of VAT.
₲ All rates above are Supply and Fix, based on projects in Bangalore and æ Rate for 9mm gypsum board.
are nett of VAT and Service Tax. Mumbai costs are generally 8% higher. $ Rates include labour costs and are nett of VAT.
17
(Cont'd)
18
ARCADIS VIETNAM CO., LTD 1
GUANGZHOU/ CHONGQING/
HONG KONG SHANGHAI BEIJING
SHENZHEN CHENGDU
DESCRIPTION UNIT
HK$ RMB RMB RMB RMB
2
10. Sawn formwork to columns and walls m 420 85 73 80 50
11. 112.5mm thick brick walls m2 420 85 @ 72 60 65
MAJOR RATES FOR SELECTED ASIAN CITIES
The above costs are at 4th Quarter 2016 levels and are based on lump sum fixed price contract rates exclusive of preliminaries and contingencies.
δ Rates including dumping charges.
@ Rates for 120mm thick concrete block walls.
* Rates for double glazed window.
19
(Cont'd)
20
ARCADIS VIETNAM CO., LTD 1
♣ KUALA
MACAU SINGAPORE BRUNEI BANGKOK ⱷ
LUMPUR
DESCRIPTION UNIT
MOP S$ RM B$ THB
The above costs are at 4th Quarter 2016 levels and are based on lump sum fixed price contract rates exclusive of preliminaries and contingencies.
♣ Rates are nett of GST. ⱷ Rates are nett of VAT.
♣♣ Rate for lean concrete blinding.
21
22
ARCADIS VIETNAM CO., LTD 1
BUILDING OUTLINE SPECIFICATION
Apartment units with fit-out, including air-conditioning, kitchen cabinets and home appliances,
Apartments, high rise, average standard
but excluding decorative light fittings and loose furniture
Apartment units with good quality fit-out, including air-conditioning, kitchen cabinets and home
Apartments, high rise, high end appliances, but excluding decorative light fittings and loose furniture
DOMESTIC
Houses with fit-out, including air-conditioning, kitchen cabinets and home appliances, but
Terraced houses, average standard
excluding decorative light fittings, loose furniture, garden and parking
Houses with good quality fit-out, including air-conditioning, kitchen cabinets and home
Detached houses, high end
appliances, but excluding decorative light fittings, loose furniture, garden and parking
Medium/high rise offices, average standard RC structure, curtain wall, including public area fit-out, tenant area with raised floor/carpet,
OFFICE / High rise offices, prestige quality painted wall and false ceiling
COMMERCIAL Out-of-town shopping centre, average standard
Including public area fit-out and M&E, but excluding shop fit-out
Retail malls, high end
Industrial units, shell only
(Conventional single storey framed units) RC structure with steel roof and M&E to main distribution, but excluding a/c, heating and lighting
INDUSTRIAL
Owner operated factories, low rise, light weight industry RC structure, including small office with simple fit-out and M&E, but excluding a/c and heating
23
24
ARCADIS VIETNAM CO., LTD 1
US$/m2 CFA
BUILDING TYPE
HO CHI MINH & MANILA Ω INDIA ₲ JAKARTA $ SEOUL $
DOMESTIC
Apartments, high rise, average standard 610 - 760 880 - 990 525 - 600 692 - 784 1,316 - 1.598
Apartments, high rise, high end 775 - 895 1,200 - 1,490 795 - 955 954 - 1,077 1,581 - 1,966
Terraced houses, average standard 410 - 480 780 - 925 360 - 385 367 - 477 N/A
Detached houses, high end 470 - 570 1,500 - 1,950 475 - 500 998 - 1,116 2,145 - 3,282
OFFICE/COMMERCIAL
Medium/high rise offices, average standard 710 - 825 840 - 890 395 - 430 683 - 756 1,171 - 1,368
High rise offices, prestige quality 820 - 1,120 1,280 - 1,390 495 - 525 1,007 - 1,124 1,350 - 1.709
Out-of-town shopping centre, average standard N/A 750 - 880 385 - 420 587 - 650 1,103 - 1,752
Retail malls, high end 665 - 870 1,100 - 1,250 540 - 585 648 - 700 1,282 - 2,137
HOTELS
CONSTRUCTION COST DATA
Budget hotels - 3-star, mid market 1,330 - 1,620 1,200 - 1,370 745 - 825 1,186 - 1,402 1,598 - 2,026
Business hotels - 4/5-star N/A 1,350 - 1,685 1,160 - 1,375 1,620 - 1,750 2,239 - 3,868
Luxury hotels - 5-star 1,725 - 2,000 1,600 - 2,020 1,465 - 1,605 1,723 - 1,943 2,487 - 3,974
CONSTRUCTION COSTS FOR SELECTED ASIAN CITIES
Exchange Rate Used : US$1 = VND 22,600 PHP 48.60 INR 66 IDR 13,055 KRW 1,170
The above costs are at 4th Quarter 2016 levels, inclusive of preliminaries but exclusive of contingencies.
Ω Rates include 12% VAT. $ Rates are nett of VAT.
₲ Rates are based on projects in Bangalore and are nett of VAT and & Rates are nett of VAT and contigencies.
Service Tax. Mumbai costs are generally 8% higher.
25
(Cont'd)
26
ARCADIS VIETNAM CO., LTD 1
US$/m2 CFA
BUILDING TYPE
HONG KONG £ SHANGHAI + BEIJING + GUANGZHOU/ CHONGQING/
SHENZHEN + CHENGDU +
DOMESTIC
Apartments, high rise, average standard 3,140 - 3,690 634 - 704 593 - 652 491 - 541 445 - 593
Apartments, high rise, high end 4,240 - 4,940 1,550 - 1,693 1,482 - 1,690 816 - 898 786 - 1,022
Terraced houses, average standard 4,310 - 5,030 425 - 454 432 - 506 370 - 410 373 - 522
Detached houses, high end 5,580 - 6,350 637 - 708 655 - 730 507 - 559 506 - 596
OFFICE/COMMERCIAL
Medium/high rise offices, average standard 3,080 - 3,650 845 - 1,127 845 - 1,142 712 - 789 742 - 889
High rise offices, prestige quality 3,820 - 4,710 1,127 - 1,409 1,142 - 1,882 982 - 1,086 963 - 1,335
Out-of-town shopping centre, average standard 3,140 - 3,690 N/A 655 - 879 683 - 752 596 - 789
Retail malls, high end 4,180 - 4,960 1,198 - 1,549 1,171 - 1,615 1,003 - 1,108 963 - 1,364
HOTELS
CONSTRUCTION COST DATA
Budget hotels - 3-star, mid market 4,010 - 4,330 916 - 1,127 948 - 1,171 923 - 1,019 885 - 1,106
Business hotels - 4/5-star 4,210 - 4,970 1,549 - 2,112 1,615 - 2,060 1,491 - 1,647 1,549 - 1,991
Luxury hotels - 5-star 4,920 - 5,710 2,112 - 2,535 2,060 - 2,653 2,034 - 2,246 N/A
CONSTRUCTION COSTS FOR SELECTED ASIAN CITIES
Exchange Rate Used : US$1 = HK$ 7.80 RMB 6.78 RMB 6.78 RMB 6.78 RMB 6.78
The above costs are at 4th Quarter 2016 levels, inclusive of preliminaries but exclusive of contingencies.
£ Offices of average standard are built to the following provisions: + Houses are built to shell and core standard ONLY, where all
(i) Curtain wall/window wall facade tenant or occupant areas are unfurnished.
(ii) Tenant areas include screeded floor, painted wall and ceiling Schools (primary and secondary) are of public authority standard,
Schools (primary and secondary) are of public authority standard, no a/c and complete with basic external works.
27
(Cont'd)
no a/c and complete with basic external works.
28
ARCADIS VIETNAM CO., LTD 1
US$/m2 CFA
BUILDING TYPE
MACAU Ђ SINGAPORE ♣ KUALA BRUNEI BANGKOK œ
LUMPUR
DOMESTIC
►
Apartments, high rise, average standard 2,143 - 2,632 1,320 - 1,500 340 - 475 805 - 1,105 614 - 742
Apartments, high rise, high end 3,008 - 4,586 2,035 - 3,035 715 - 855 994 - 1,294 913 - 1,085
▲
Terraced houses, average standard 3,672 - 4,373 1,715 - 1,930 205 - 295 520 - 821 428 - 514
Detached houses, high end 4,461 - 5,802 2,180 - 2,895 695 - 860 792 - 1,092 742 - 899
OFFICE/COMMERCIAL
Medium/high rise offices, average standard 2,481 - 3,195 1,715 - 1,930 ♠ 560 - 650 ▼ 805 - 1,105 599 - 742
High rise offices, prestige quality 3,195 - 3,496 1,930 - 2,110 ♠ 805 - 1,100 ▼ 1,138 - 1,438 785 - 999
Out-of-town shopping centre, average standard 2,331 - 3,496 1,930 - 2,035 495 - 595 781 - 1,081 585 - 756
Retail malls, high end 3,672 - 4,398 2,035 - 2,250 625 - 795 1,030 - 1,330 785 - 813
HOTELS
CONSTRUCTION COST DATA
Budget hotels - 3-star, mid market 3,258 - 3,684 2,145 - 2,360 935 - 1,305 1,521 - 1,821 1,071 - 1,184
Business hotels - 4/5-star 4,424 - 5,288 2,750 - 3,110 1,615 - 1,890 2,146 - 2,446 1,370 - 1,570
Luxury hotels - 5-star 5,288 - 6,253 2,750 - 3,110 1,800 - 2,095 2,203 - 2,503 1,598 - 1,712
CONSTRUCTION COSTS FOR SELECTED ASIAN CITIES
Exchange Rate Used : US$1 = MOP 7.98 S$ 1.40 RM 4.41 B$ 1.36 THB 35.04
The above costs are at 4th Quarter 2016 levels, inclusive of preliminaries but exclusive of contingencies.
2 2
Ђ Rates are exclusive of any management contract fee. ► 6 - 12 units per floor, 46m - 83m per unit, exclude air-conditioning equipment.
♣ Rates are nett of GST. ▲ Terraced houses exclude air-conditioning.
♠ Includes raised floor and ceiling to tenanted areas but ▼ Offices are average standard and exclude tenant fitout.
excludes office carpets (normally under tenant’s fit-out). ◄ Schools (primary and secondary) are standard governement provisions.
♥ Open on all sides with parapet. ♦ Studenthostels to university standard.
œ Rates exclude VAT.
29
30
ARCADIS VIETNAM CO., LTD 1
HO CHI MINH MANILA Ω INDIA ₲ JAKARTA # SEOUL $
BUILDING TYPE
VND/m2 CFA PHP/m2 CFA INR/m2 CFA IDR/m2 CFA KRW/m2 CFA
MECHANICAL SERVICES
Offices 1,729,000 - 2,465,000 3,000 - 5,000 4,450 - 6,300 995,000 - 1,130,000 247,000 - 320,000
Industrial * N/A 700 - 1,500 2,050 - 3,650 295,000 - 695,000 102,000 - 177,000
Hotels N/A 3,000 - 6,500 5,450 - 5,950 990,000 - 1,285,000 239,000 - 375,000
Shopping Centres N/A 2,500 - 4,500 4,250 - 5,565 840,000 - 1,015,000 166,000 - 273,000
Apartment 1,382,000 - 1,893,000 700 - 3,000 2,430 - 3,000 935,000 - 1,100,000 106,000 - 193,000
ELECTRICAL SERVICES
Offices 2,034,000 - 2,426,000 3,300 - 6,500 3,915 - 5,405 770,000 - 1,035,000 210,000 - 395,000
Industrial ** N/A 2,000 - 3,500 2,315 - 3,850 440,000 - 685,000 130,000 - 190,000
Hotels N/A 4,700 - 9,200 4,375 - 5,955 800,000 - 1,100,000 300,000 - 490,000
Shopping Centres N/A 3,600 - 6,000 3,755 - 5,020 675,000 - 850,000 180,000 - 262,000
Apartment 1,794,000 - 2,266,000 3,600 - 6,300 1,900 - 2,600 880,000 - 1,030,000 140,000 - 189,000
CONSTRUCTION COST DATA
HYDRAULIC SERVICES
Offices 281,000 - 535,000 900 - 2,200 690 - 1,045 185,000 - 285,000 39,000 - 64,000
Industrial N/A 700 - 1,300 470 - 825 110,000 - 200,000 25,000 - 36,000
M&E COSTS FOR SELECTED ASIAN CITIES
The above costs are at 4th Quarter 2016 levels, exclusive of contingencies.
* Generally without A/C. Ω Transformer, included in Electrical Services.
** Excludes special power supply. # All rates are nett of VAT. Rates for Electrical Services are excluding genset.
₲ Rates are based on projects in Bangalore and Rates for Hydraulic Services are excluding STP.
are nett of VAT and Service Tax. Mumbai costs Rates for Mechanical Services refers to ACMV Rates only.
are generally 8% higher. $ Rates are nett of VAT.
31
(Cont'd)
32
ARCADIS VIETNAM CO., LTD 1
HONG KONG SHANGHAI BEIJING GUANGZHOU/ CHONGQING/
SHENZHEN CHENGDU
BUILDING TYPE
HK$/m2 CFA RMB/m2 CFA RMB/m2 CFA RMB/m2 CFA RMB/m2 CFA
MECHANICAL SERVICES
Offices 2,000 - 2,800 761 - 966 760 - 1,050 765 - 1,040 680 - 980
Industrial * 200 - 300 173 - 289 170 - 280 150 - 268 130 - 220
Hotels 2,200 - 2,750 971 - 1,265 910 - 1,150 1,071 - 1,339 720 - 1,150
Shopping Centres 2,300 - 2,850 1,050 - 1,103 790 - 950 707 - 954 580 - 980
Apartment 850 - 1,750 310 - 410 140 - 410 122 - 380 90 - 280
ELECTRICAL SERVICES
Offices 1,750 - 2,500 593 - 651 460 - 703 530 - 765 420 - 650
Industrial ** 650 - 900 305 - 431 320 - 450 306 - 445 250 - 350
Hotels 1,900 - 2,600 651 - 830 705 - 943 680 - 916 500 - 750
Shopping Centres 1,900 - 2,500 520 - 651 481 - 676 483 - 653 400 - 650
Apartment 1,100 - 1,750 252 - 368 253 - 398 278 - 445 220 - 330
CONSTRUCTION COST DATA
HYDRAULIC SERVICES
Offices 700 - 900 110 - 163 95 - 140 122 - 166 60 - 120
Industrial 500 - 700 89 - 131 95 - 140 86 - 112 60 - 120
M&E COSTS FOR SELECTED ASIAN CITIES
The above costs are at 4th Quarter 2016 levels, exclusive of contingencies.
* Generally without A/C.
** Excludes special power supply.
33
(Cont'd)
34
ARCADIS VIETNAM CO., LTD 1
MACAU SINGAPORE ♣ KUALA BRUNEI BANGKOK ⱷ
LUMPUR
BUILDING TYPE
MOP/m2 CFA S$/m2 CFA RM/m2 CFA B$/m2 CFA THB/m2 CFA
MECHANICAL SERVICES
Offices N/A 160 - 262 360 - 520 179 - 224 4,400 - 4,800
Industrial * N/A 35 - 123 85 - 190 23 - 39 1,550 - 1,600
Hotels 2,600 - 3,000 135 - 292 300 - 585 289 - 333 4,600 - 5,100
Shopping Centres 2,200 - 2,800 154 - 258 320 - 510 205 - 244 4,400 - 4,800
Apartment 900 - 1,100 94 - 178 195 - 285 212 - 244 4,400 - 4,500
ELECTRICAL SERVICES
Offices N/A 166 - 269 310 - 515 231 - 289 3,400 - 3,800
Industrial ** N/A 55 - 142 144 - 190 192 - 231 1,950 - 2,200
Hotels 2,600 - 3,100 190 - 372 285 - 600 289 - 377 3,800 - 4,500
Shopping Centres 2,600 - 2,800 167 - 319 310 - 500 377 - 314 2,800 - 3,200
Apartment 1,000 - 1,300 102 - 238 105 - 220 249 - 314 2,800 - 3,350
CONSTRUCTION COST DATA
HYDRAULIC SERVICES
Offices N/A 28 - 57 26 - 60 16 - 39 790 - 910
Industrial N/A 19 - 38 37 - 46 11 - 19 750 - 790
M&E COSTS FOR SELECTED ASIAN CITIES
The above costs are at 4th Quarter 2016 levels, exclusive of contingencies.
* Generally without A/C. ♣ Rates are nett of GST and excluding BAS.
** Excludes special power supply. ⱷ Based upon nett enclosed area and nett of VAT.
35
1 CONSTRUCTION COST DATA
UTILITY COSTS FOR SELECTED ASIAN CITIES
ELECTRICITY
EXCHANGE
RATE COMMERCIAL/
CITY DOMESTIC
INDUSTRIAL
Basis of Charges in Ho Chi Minh, Vietnam (All rates are VAT inclusive)
○ Electricity : Domestic electricity rates are applied to the 301 KW above
wards
○ Fuel : Diesel fuel D.O - 0.05%
: 92 and 95 Unleaded petrol as at October 2012.
COMMERCIAL/
DOMESTIC DIESEL LEADED UNLEADED
INDUSTRIAL
(Cont'd)
ELECTRICITY
EXCHANGE
RATE COMMERCIAL/
CITY DOMESTIC
INDUSTRIAL
COMMERCIAL/
DOMESTIC DIESEL LEADED UNLEADED
INDUSTRIAL
2
Material Price Indices
Import Duties
Progress Payments
230
210
190
170
150
130
90
70
50
I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV
43
2 GENERAL CONSTRUCTION DATA
IMPORT DUTIES
SPECIAL TARIFF
VAT TARIFF
MFN/WTO
Non-ACFTA
Non-AKFTA
AANZFTA
DESCRIPTION
UNIT
ACFTA
AKFTA
VCFTA
VKFTA
AJCEP
VJEPA
ATIGA
AIFTA
(ALL FIGURES)
Marble kg 12 0 15 0 (1)
0 (2)
10 14 16 10 10 10
Granite kg 12 0 15 5 (3)
0 (2)
0 13 14 7 10 10
Carpentry of Wood kg 3 0 5 0 - 0 - 0 5 2 0 2 10
Porland cement kg 37 5 26 20 - * - 35 * * 7 * 10
Ceramic building bricks, 1000
35 5 25 20 - 10 - 10 20 22.5 7 22.5 10
flooring blocks unit
Ceramic roofing tiles kg 45 5 46 20 - 0 - 0 25 28 7 25 10
Ceramic floor, hearth, wall
m2 45 0 48 * - 0 (4)
0 25 28 7 25 10
tiles
Multiple-walled insulating
m2 25 0 18 0 - * - 25 30 30 7 * 10
units of glass
Glass mirror (unframed) kg 25 5 20 * - * - 25 30 30 7 * 10
Concrete steel kg 15 5 - 15 (6)
* - - 3 0 10 * 10
U,I or H section of steel
kg 15 5 37 15 - * - 10 11 5 * * -
(height under 80mm)
(*) When the MFN duty rate of a goods item specified in the preferential import table of
rates is lower than the particularly preferential tax rate specified in Vietnam's
particularly preferential import table of rates applicable to each trade agreement
promulgated under the Finance Minister's decision, the import duty rate applicable
to this goods item is the MFN tax rate.
(*) Symbol in AKFTA column: Goods made in Khai Thanh Industrial Zone of North
Korea (GIC Items).
(*) Imported goods are not received special preferential tariffs at the corresponding time.
Progress Claims
100%
80%
60%
40%
20%
0%
0% 20% 40% 60% 80% 100%
Project Period
CUMMULATIVE CUMMULATIVE
CONTRACT CONTRACT
PROGRESS PROGRESS
PERIOD
CLAIMS CLAIMS
Air - Conditioning
Hotel 250-300
School 300-450
Length Width
Tennis Court 40 m 20 m
Squash Court 13 m 6m
Basketball Court 38 m 23 m
Volleyball Court 30 m 20 m
Badminton Court 20 m 10 m
Ice Rink 61 m 26 m
Soccer Pitch 110-120 m 70-80 m
(Cont'd)
Reinforcement
3
Building Control and Procedures
Project Closed Out Procedures
Procurement Strategies
Contractor Selection Strategies
Property Overview
3 PROPERTY INVESTMENT
52 PROPERTY INVESTMENT
(Cont'd)
PROPERTY INVESTMENT 53
3 PROPERTY INVESTMENT
54 PROPERTY INVESTMENT
PROPERTY INVESTMENT 55
3 PROPERTY INVESTMENT
56 PROPERTY INVESTMENT
TYPICAL SUBMISSION FLOWCHART
PROPERTY INVESTMENT 57
3 PROPERTY INVESTMENT
58 PROPERTY INVESTMENT
(Cont'd)
PROPERTY INVESTMENT 59
3 PROPERTY INVESTMENT
60 PROPERTY INVESTMENT
BUILDING AREAS DEFINITIONS
(Cont'd)
PROPERTY INVESTMENT 61
3 PROPERTY INVESTMENT
62 PROPERTY INVESTMENT
(Cont'd)
PROPERTY INVESTMENT 63
3 PROPERTY INVESTMENT
64 PROPERTY INVESTMENT
PROPERTY INVESTMENT 65
3 PROPERTY INVESTMENT
PROCUREMENT STRATEGIES
Overview
66 PROPERTY INVESTMENT
method requires appointment of independent design
consultants by the employer and a sufficiently
developed design preferably “frozen” prior to tender.
Bills of Quantities are usually provided for “information
only” to the contractor who normally provide their own
quantities with their tender for comparison purposes
only and only the rates are contract rates with any
“errors and omissions” not being subject to
remeasurement after the lump sum is finalized. Prime
costs sums for nominated subcontracts for mechanical
and electrical and lift sub-contracts are widely used.
b) Construction Management
This form of procurement is often portrayed as
“fast-track” as tender packages are often let
successively throughout the design process with no
need to wait until detail design is complete. A
construction management consultant is engaged
normally for a fixed percentage fee to procure and
manage the individual trade contracts which are placed
by the employer. This necessitates effective cost
management as the total construction budget is not
finalized until the final packages are let. The employer
bears not an insignificant risk in terms of price certainty,
delays, disruption, design and coordination problems.
Clients adopting this approach need to be conversant
with the local environment and have the requisite
in-house skills to deal with issues as they arise.
c) Framework Agreements
Framework agreements referred sometimes as “call-off”
contracts between investors with a “pipe-line” of projects
and contractors can result in significant savings to both
parties using any of the procurement options above.
The advantages are time reduced for tendering and
negotiations, improved processes and knowledge
transfer, bulk order costs savings, reduced confrontation
and economies of scale due to continuity of workflow. All
these advantages are extremely important in the
Vietnam context because it is of paramount importance
to maintain healthy relationships between employers
and contractors as unforeseen events are prevalent
during the design and procurement stages in Vietnam.
PROPERTY INVESTMENT 67
3 PROPERTY INVESTMENT
PROCUREMENT STRATEGIES
68 PROPERTY INVESTMENT
Table A - Procurement Strategy
PROPERTY INVESTMENT 69
3 PROPERTY INVESTMENT
70 PROPERTY INVESTMENT
CONTRACTOR SELECTION STRATEGIES
(Cont'd)
PROPERTY INVESTMENT 71
3 PROPERTY INVESTMENT
72 PROPERTY INVESTMENT
(Cont'd)
PROPERTY INVESTMENT 73
3 PROPERTY INVESTMENT
74 PROPERTY INVESTMENT
PROPERTY INVESTMENT 75
PROPERTY OVERVIEW
76
may fall even lower in coming years when the bad
debts of some ailing banks are acquired by the State
Bank of Vietnam. Moreover, both FDI and overseas
remittances strongly increased in 2016, which will
support the real estate market in coming years.
CONDOMINIUM MARKET
77
In Hanoi the average market price was US$1,349
psm, an increase of 19% y-o-y. All segments except
the affordable segment experienced an increase in
primary prices compared to 2015.
78
(Cont'd)
79
ARCADIS VIETNAM CO., LTD
80
Source: CBRE Vietnam, Q4 2016.
Note: (1) Base year is 2005 (2) No luxury projects in Hanoi until 2011
Notes on CBRE condominium ranking criteria:
• Luxury: projects that have primary prices over US$3,500 psm
• High-end: projects that have primary prices from US$1,500 psm to US$3,500 psm
• Mid-end: projects that have primary prices from US$800 psm to US$1,500 psm
• Affordable: projects that have primary prices under US$800 psm
RETAIL
(Cont'd)
81
Over the next three years, 500,000 sm NLA of retail
space are expected to open in HCMC and in the same
period 400,000 sm NLA are expected to open in
Hanoi. Limited availability of land in CBD areas,
improving infrastructure and increasing average
income will support the opening of more shopping
centres in decentralised areas. Increasing future
supplies in non-CBD areas in HCMC are expected to
dilute average rental rates, causing a projected
decrease of 2% annually for the next two years in
HCMC and 0.3% in Hanoi.
ARCADIS VIETNAM CO., LTD
82
(Cont'd)
83
OFFICE
84
In Hanoi, large-scale office buildings are being actively
constructed and fitted out for launch, which will add to
both grade A and B stocks. The most active areas are
the West and Midtown which will lead to more compe-
tition. Existing buildings have to improve their services
as well as offering more competitive rents if they are to
compete successfully with these new entrants to the
market.
(Cont'd)
85
ARCADIS VIETNAM CO., LTD
86
Regarding office trends, co-working space is on the
rise with Toong to join the HCMC market in Q1, 2017
through partnership with CapitaLand. Currently,
HCMC has 10 co-working spaces. Two other large
co-working space chains, Dreamplex and Up, are
already considering expansion in the near future in
HCMC.
87
LANGUAGE
ACCOUNTING SYSTEM
VAT credits/refunds.
90
BANKS
91
BANKS
92
GOVERNMENT ADMINISTRATION
93
TAXATION
94
purposes. However, LURs with a definite term used for
production or business activities, can be amortized
over the prescribed land use duration.
95
may be exempted from the stamp duty. Stamp duty is
imposed at 0.5% on the value of the property up to
VND 500 million (approx. USD 25,000) per asset per
transaction.
96
PIT exemption for transfer of sole residential property
is not applicable for (i) transfer within 182 days from
the date of having the right of ownership/LUR; and (ii)
transfer of house/apartment/construction work completed
in the future.
97
basis for many years within a 5-year period, the
payment of tax may not be later than 31 December of
the year in which the request is made.
98
INSURANCE
Overview
99
Construction All Risks (CAR) insurance, including the
covers for the Contract Work & Third Party Liability, is
popular in Vietnam. Recently, owners of larger projects
have shown interest in considering more technical
coverages such as Advance Loss of Profit (ALoP) /
Delay in Start-Up (DSU) to protect their anticipated
profit/fixed costs and Completed Operation/Product
Liability insurance for liability of a particular project.
100
▪ Fire and Explosion - (Article 8 of Law on Insurance
Business)
101
▪ Civil Liability Insurance and Environmental Damage
Compensation Liability Insurance applicable to
Organizations and Individuals performing Radiation
Jobs
Market Players
Insurers
State-owned:
Vietnam Insurance Corp (Bao Viet), Bao Minh
Insurance Corp (Bao Minh)
102
Joint Venture:
Bao Viet Tokyo Marine (JV between Baoviet and Tokio
Marine), United Insurance Co. (UIC – the JV among
Bao Minh, Sompo & LG), Samsung Vina Insurance
(JV between Samsung and VinaRe)
Reinsurer:
Vietnam National Insurance Corp (VinaRe).
PVI Reinsurance Joint Stock Corporation (PVIRe)
30 Non-life Insurers
Brokers
103
International:
Jardine Lloyd Thompson (JLT), Aon, Marsh, Grass
Savoye Willis, Toyota Tsusho
Local:
Viet Quoc, A Dong, Thai Binh Duong, Sao Viet, CIMEI-
CO, Nam A
104
WORKFORCE
105
Vietnam Map
Domestic Routes
Relevant Websites
Public Holidays
Prime Rates
Financial Formulae
Conversion Factors
Directory of offices
Acknowledgement
ARCADIS VIETNAM CO., LTD
108
VIETNAM MAP
DOMESTIC ROUTES
109
VIETNAM KEY DATA
Government
Country Name : The Socialist Republic of Vietnam
Head of State : President
Government Type : Socialist Republic
Head of Government : Prime Minister
Capital City : Hanoi
Administrative Divisions : 58 provinces and 5 municipalities
Independence : 2nd September 1945
Legal System : Based on Constitution of Vietnam
Official Language : Vietnamese
National Language : Vietnamese
Geography
Geographic Coordinates : 16 10 N, 107 50 E
Location : South East Asia
Border Countries : Cambodia 1,158 km,
China 1,297 km, Laos 2,161 km
Total Area : 331,210 sq km
Land Area : 310,070 sq km
Water : 21,140 sq km
Land use : arable land: 19.64%;
permanent crops: 11.18%;
other: 69.18%
Irrigated Land : 45,850 sq km (2005)
Coastline : 3,444 km (excludes islands)
Land boundaries : 4,616 km
Natural Resources : phosphates, coal, manganese,
rare earth, elements, bauxite,
chromate, offshore oil and gas
deposits, timber, hydropower
Climate type : tropical in south; monsoonal in north
ARCADIS VIETNAM CO., LTD
People
Total Population : 92.70 million (2016 est.)
110
Age structure : Urban: 34.6%
Rural: 65.4%
Male: 49.4%
Female: 50.6%
Population Growth Rate : 1.08% (2016 est.)
Median Age : total: 30.8 (est. 2016)
Life Expectancy : average age: 73.4 years old
male: 70.8 years old
female: 76.1 years old
Urban Population
Hanoi :7.38 million (2015 est.)
Ho Chi Minh City : 8.42 million (est. 2016)
Ethnic Groups : 54 Ethnic Groups
Kinh (Viet) 85.7%, Tay 1.9%, Thai
1.8%, Muong 1.5%, Khome 1.5%,
Hmong 1.2%, Nung 1.1%,
others 5.3%
(2009 census)
Languages : Vietnamese (official), English
(increasingly favored as a second
language), some French, Chinese,
and Khmer; mountain area languages
(Mon-Khmer and Malayo- Polynesian)
Literacy (definition: age : total population: 94.9% (2015 est.)
15 and over can read male: 96.6% (2015 est.)
and write) female:93.3% (2015 est.)
Population below : 11.3% (2012 est.)
poverty line
Labor Force : 54.4 million (est. 2016)
Labor Force by : Agriculture: 41.9% (est. 2016)
occupation Industry: 24.7%(est. 2016)
Services: 33.4% (est. 2016)
Unemployment Rate : 2.29% (est. 2016)
Economy
Monetary Unit : Vietnamese Dong
Currency Code : VND
Exchange rate to dong (VND) per
USD : 22,338 (est. 2016)
Euro : 24,881 (est. 2016)
British Pound : 30,514 (est. 2016)
Average Consumer : 2.66% (est. 2016)
111
VIETNAM KEY DATA
Trade
Total Exports : US$ 175.9 billion (est. 2016)
Major Exports Commodities : 1 - Telephones, mobile phones and
parts thereof
2 - Textiles and garments
3 - Computers, electrical products,
spare-parts and components thereof
4 - Foot-wear
5 - Fishery products
6 - Crude oil
7 - Machine, equipment, tools and
instruments
8 - Wood and wooden products
9 - Other means of transportation,
parts and accessories thereof
10 - Rice
Export Partners : EU 10%, US 14%, Asean (-4,8%),
Japan 3.4%, Korea 29%, China 26.3%
Total Imports (USD : US$ 173.3 billion (est. 2016)
billion)
Major Imports Commodities : 1 - Machine, equipment, tools and
instruments
ARCADIS VIETNAM CO., LTD
112
8 - Animal fodders and animal fodders
materials
9 - Chemical
10 - Other means of transportation,
parts and auxiliaries thereof
Commodities : products, fertilizer, steel products, raw
cotton, grain, cement, motorcycles
Import Partners : China 0.5%, Asean (-0.3%),
Korea 31.7%, EU 11.1%,
Japan 4.3%, US 11.6%
International Airports : Tan Son Nhat International Airport
(Ho Chi Minh City), Da Nang
International Airport (Da Nang), Hanoi
Noi Bai International Airport
(Hanoi), Nha Trang Cam Ranh
International Airport (Nha Trang),
Can Tho International Airport (Can Tho)
Major Seaports : Cam Pha Port (Quang Ninh),
Hai Phong Port (Hai Phong), Nghi Son
Port (Thanh Hoa), Cua Lo Port (Nghe
An), Vung Ang Port (Ha Tinh), Chan
May Port (Thua Thien Hue), Da Nang
Port (Da Nang), Dung Quoc Port
(Quang Ngai), Quy Nhon Port (Binh
Dinh), Van Phong Port (Khanh Hoa ),
Saigon Port (Ho Chi Minh City), Vung
Tau Port (Vung Tau), Dong Nai Port
(Dong Nai), Can Tho Port (Can Tho)
113
SOME INTERESTING FACTS
114
115
RELEVANT WEBSITE
Government Office
Ministry of Public Security
Ministry of Home Affairs
Ministry of Justice
Ministry of Planning and Investment
Ministry of Finance
Ministry of Industry and Trade
Ministry of Agriculture and Rural Development
Ministry of Transport
Ministry of Construction
Ministry of Natural Resources and Environment
Ministry of Information and Communication
Ministry of Labor, War Invalid and Social Affairs
Ministry of Culture, Sports and Tourism
Ministry of Science and Technology
Ministry of Health Portal
Ministry of Education and Training
Ministry of Foreign Affairs
The State Bank of Vietnam
General Statistics Office of Vietnam
ARCADIS VIETNAM CO., LTD
116
http://www.chinhphu.vn
http://www.mps.gov.vn
http://www.moha.gov.vn
http://www.moj.gov.vn
http://www.mpi.gov.vn
http://www.mof.gov.vn
http://www.moit.gov.vn
http://www.mard.gov.vn
http://www.mt.gov.vn
http://www.moc.gov.vn
http://www.monre.gov.vn
http://mic.gov.vn
http://www.molisa.gov.vn
http://www.cinet.gov.vn
http://www.most.gov.vn
http://www.moh.gov.vn
http://www.moet.gov.vn
http://www.mofa.gov.vn
http://www.sbv.gov.vn
http://www.gso.gov.vn
http://www.tcvn.gov.vn
http://www.vietnamtourism.com
http://www.customs.gov.vn
http://www.vr.org.vn
117
PUBLIC HOLIDAYS
2017
VIETNAM
Normal Scheduled Holidays
New Year’s Day 01 Jan
02 Jan#
Lunar New Year 27 Jan
28 Jan
29 Jan
30 Jan
31 Jan
01 Feb@
02 Feb@
Hung Vuong King Celebration 06 Apr
Liberation Day of Saigon 30 Apr
International Labour Day 01 May
02 May+
National Day 02 Sep
04 Sep*
Christmas Day 25 Dec
118
2017
HONG KONG
The day following the first day 02 Jan*
of January
Lunar New Year's Day 28 Jan
The 3rd day of Lunar New Year 30 Jan
The 4th day of Lunar New Year 31 Jan
Ching Ming Festival 04 Apr
Good Friday 14 Apr
The day following Good Friday 15 Apr
Easter Monday 17 Apr
Labour Day 01 May
Buddha's Birthday 03 May
Tuen Ng Festival 30 May
HKSAR Establishment Day 01 Jul
The day following National Day 02 Oct*
The day following the Chinese
Mid-Autumn Festival 05 Oct
Chung Yeung Festival 28 Oct
Christmas Day 25 Dec
The 1st week-day after Christmas Day 26 Dec
* As both the first day January and National Day in 2017 fall on a
Sunday, the day following them designated as a general holiday
in substitution. In addition, since the second day of Lunar New
Year in 2017 falls on a Sunday, the fourth day of Lunar New
Year is designated as a general holiday in substitution.
119
PUBLIC HOLIDAYS
2017
CHINA
120
2017
MACAU
New Year's Day 01 Jan*
The first working day after
New Year’s Day 02 Jan#@
Lunar New Year’s Eve (Afternoon) 27 Jan@
Lunar New Year's Day 28 Jan*
The 2nd day of Lunar New Year 29 Jan*
The 3rd day of Lunar New Year 30 Jan*#
The 4th day of Lunar New Year 31 Jan#@
The 5th day of Lunar New Year 01 Feb@
Ching Ming Festival 04 Apr*#
Good Friday 14 Apr#
The day before Easter 15 Apr
The 1st working day after Easter 17 Apr#@
Labour Day 01 May*#
The Buddha's Birthday 03 May#
Tung Ng Festival (Dragon Boat Festival) 30 May#
National Day 01 Oct*
The day following National Day 02 Oct#
The 1st working day after National Day 03 Oct@
The day following Mid-Autum Festival 05 Oct*#
Chung Yeung Festival 28 Oct*
The 1st working day after Chung Yeung
Festival 30 Oct#@
All Soul's Day 02 Nov#
Feast of the Immaculate Conception 08 Dec#
Macau SAR Establishment Day 20 Dec*
Winter Solstice 22 Dec#
Christmas Eve 24 Dec
Christmas Day 25 Dec#
The 1st working day after Christmas Day 26 Dec#@
* Obligatory Holiday
# Bank's Holiday
@ Special holiday granted by Chief Executive for staff in Public
Administration
121
PUBLIC HOLIDAYS
2017
BRUNEI
New Year's Day 01 Jan
Chinese New Year 28 Jan
National Day 23 Feb
Israk Miraj 24 Apr
1st Day of Ramadhan 27 May
Royal Brunei Armed Forces Day 31 May
Nuzul Al-Quran 12 Jun
Hari Raya Puasa 26 Jun
27 Jun
28 Jun
Sultan Birthday 15 Jul
Hari Raya Haji 01 Sep
Christmas Day 25 Dec
INDIA
New Year's Day 01 Jan
Republic Day 26 Jan
Good Friday 25 Mar
Ugadi 08 Apr
Ramnavami 15 Apr
Independence Day 15 Aug
Ganesh Chaturthi 05 Sep
Dusshera 12 Oct
Karnataka Formation Day 01 Nov
ARCADIS VIETNAM CO., LTD
122
2017
INDONESIA
New Year's Day 01 Jan
Chinese New Year (Imlek) 28 Jan
Election Day (Region) 15 Feb
Hindu Day of Quiet (Nyepi) 28 Mar
Good Friday 14 Apr
Ascension of Prophet Muhammad 24 Apr
International Labour Day 01 May
Waicak Day 11 May
Ascension Day of Jesus Christ 25 May
Pancasila Day * 01 Jun
Idul Fitri 25 Jun
26 Jun
National Independence Day 17 Aug
Idul Adha Day 01 Sep
Hijriyah New Year 21 Sep
Prophet Muhammad’s Birthday 12 Dec
Christmas Day 25 Dec
* New holiday, start from 2017
MALAYSIA
New Year's Day ^ 01 Jan@
Chinese New Year 28 Jan
29 Jan
Labour Day 01 May
Wesak Day 10 May
King/Agong's Birthday 03 Jun
Hari Raya Aidilfitri * 25 Jun
26 Jun
National Day 31 Aug
Hari Raya Qurban * 01 Sep
Malaysia Day 16 Sep
Awal Muharam (Maal Hijrah) 21 Sep
Deepavali * 18 Oct
Prophet Muhammad's Birthday 01 Dec
Christmas Day 25 Dec
* Subject to change
^ Except Johor, Kelantan, Kedah, Perlis and Terengganu
@ The following Monday will be an additional public hoiliday
123
PUBLIC HOLIDAYS
2017
PHILIPPINES
New Year's Day 01 Jan*
Chinese New Year 28 Jan#
EDSA People Power Revolution
Anniversary 25 Feb#
Araw ng Kagitingan 09 Apr*
Maundy Thursday 13 Apr*
Good Friday 14 Apr*
Black Saturday 15 Apr#
Labor Day 01 May*
Independence Day 12 Jun*
Ninoy Aquino Day 21 Aug#
National Heroes' Day 28 Aug*
Additional Special Non-working Day 31 Oct#
All Saint’s Day 01 Nov#
Bonifacio Day 30 Nov*
Christmas Day 25 Dec*
Rizal Day 30 Dec*
Last Day of the Year 31 Dec#
* Regular Holidays
# Special Non-Working Days
ARCADIS VIETNAM CO., LTD
124
2017
SINGAPORE
New Year's Day 01 Jan
Chinese New Year 28 Jan
29 Jan
Good Friday 14 Apr
Labour Day 01 May
Vesak Day 10 May
Hari Raya Puasa 25 Jun@
National Day 09 Aug
Hari Raya Haji 01 Sep
Deepavali * 18 Oct
Christmas Day 25 Dec
* Subject to change.
@ The following Monday will be a public holiday.
SOUTH KOREA
New Year's Day 01 Jan
Lunar New Year (Seol) 28 Jan
Independent Movement Day 01 Mar
Buddha’s Birthday 03 May
Children’s Day 05 May
Memorial Day 06 Jun
Liberation Day 15 Aug
National Foundation Day 03 Oct
Full Moon Day (Chuseok) 04 Oct
Hangul Proclamation Day 09 Oct
National Holiday 20 Dec
Christmas Day 25 Dec
(Cont'd)
125
PUBLIC HOLIDAYS
2017
TAIWAN
Founding Day 01 Jan
Lunar New Year's Eve 27 Jan
Lunar New Year's Day 28 Jan
The 2nd day of Lunar New Year 29 Jan
The 3rd day of Lunar New Year 30 Jan
The 4th day of Lunar New Year 31 Jan*
The 5th day of Lunar New Year 01 Feb*
Peace Memorial Day 28 Feb
Children's Day 03 Apr*
Ching Ming Festival 04 Apr
Extra vacation day before
Dragon Boat Festival 29 May#
Dragon Boat Festival 30 May
Mid-Autumn Festival 04 Oct
Extra vacation day before
Double Ten Day 09 Oct@
Double Ten Day 10 Oct
126
2017
THAILAND
New Year 01 Jan*
Makha Bucha Day 11 Feb*
Chakri Memorial Day 06 Apr
Songkran Festival 13 Apr
14 Apr
Labour Day 01 May
Coronation Day 05 May
Wisakha Bucha Day 10 May
Asarnha Bucha Day 08 Jul*
H.M. The Queen's Birthday 12 Aug*
Chulalongkorn Day 23 Oct
H.M. The King's Birthday 05 Dec
Constitution Day 10 Dec*
* As both the New Year Day and Constitution Day in 2017 fall on
Sunday, the day following them is designated as a general
holiday in substitution; and as Makha Bucha Day, Asarnha
Bucha Day, H.M. the Queen’s Birthday is 2017 falls on
Saturday, the weekday after is designated as a general holiday
in substitution.
(Cont'd)
127
PRIME RATES
RATE (%)
COUNTRY
4Q 4Q 4Q
2014 2015 2016
128
FINANCIAL FORMULAE
PV = present value
FV = future value
129
IDD CODES AND TIME DIFFERENCES
IDD TIME
AREA
LOCATION COUNTRY DIFFERENCE
CODE
CODE (Hours)*
Australia:
Melbourne 61 3 +3
Perth 61 8 0
Sydney 61 2 +3
Bahrain 973 - -5
Bangladesh (Dhaka) 880 2 -2
Bhutan (Thimphu) 975 2 -2
Brunei:
Bandar Seri Begawan 673 2 0
Kuala Belait 673 3 0
Cambodia (Phnom Penh) 855 23 -1
Canada:
Toronto (Metropolitan) 1 416 -13
Vancouver 1 604 -16
China:
Beijing 86 10 0
Guangzhou 86 20 0
Hong Kong 852 - 0
Macau 853 - 0
Shanghai 86 21 0
Shenzhen 86 755 0
France (Paris) 33 1 -7
India:
Bangalore 91 80 -2.5
Chennai 91 44 -2.5
New Delhi 91 11 -2.5
Mumbai 91 22 -2.5
Indonesia:
Bali 62 36 0
Jakarta 62 21 -1
Ireland:
Cork 353 21 -8
ARCADIS VIETNAM CO., LTD
Dublin 353 1 -8
Japan:
Tokyo 81 3 +1
Osaka 81 6 +1
Korea (Seoul) 82 2 +1
Korea (Pyongyang) 850 2 +1
Laos (Vientiane) 856 21 +0.5
130
IDD TIME
AREA
LOCATION COUNTRY DIFFERENCE
CODE
CODE (Hours)*
Malaysia:
Johor Bahru 60 7 0
Kota Kinabalu 60 88 0
Kuala Lumpur 60 3 0
Kuching 60 82 0
Penang 60 4 0
Mongolia (Ulaanbaatar) 976 11 0
Myanmar (Yangon) 95 1 -1.5
Nepal (Kathmandu) 977 1 -2.25
Netherlands:
Amsterdam 31 20 -7
New Zealand:
Auckland 64 9 +5
Wellington 64 4 +5
Pakistan (Karachi) 92 21 -3
Philippines (Manila) 63 2 0
Qatar 974 - -5
Singapore 65 - 0
South Africa:
Johannesburg 27 11 -6
Cape Town 27 21 -6
Sri Lanka (Colombo) 94 11 -2.5
Russia (Moscow) 7 495 -5
Taiwan (Taipei) 886 2 0
Thailand:
Bangkok 66 2 -1
Phuket 66 76 -1
United Arab Emirates:
Abu Dhabi 971 2 -4
Dubai 971 4 -4
United Kingdom:
London 44 20 -8
Edinburgh 44 131 -8
USA:
Los Angeles 1 213 -16
New York 1 212 -13
Vietnam:
Ho Chi Minh City 84 8 -1
Hanoi 84 4 -1
131
ARCADIS VIETNAM CO., LTD
132
CONVERSION FACTORS
133
ARCADIS ASIA LEADERSHIP TEAM
Matt Bennion
Chief Executive Officer, Asia
matt.bennion@arcadis.com
Eric de Kruif
Chief Financial Officer, Asia
eric.dekruif@arcadis.com
Graham Kean
Regional Client Development
Director
graham.kean@arcadis.com
Rupert Leung
Managing Director
Design & Engineering
rupert.leung@arcadis.com
134
Loo Ming Chee
Regional Head, Southeast Asia
mcloo@arcadis.com
Alan Hearn
Regional Head, East Asia & India
alan.hearn@arcadis.com
Ken Butler
Regional Head of Health, Safety,
Environment and Quality
ken.butler@arcadis.com
Adam Sutton
Regional HR and Change Director
and Regional Leader for Business
Advisory
adam.sutton@arcadis.com
135
ARCADIS ASIA SECTORS
AUTOMOTIVE
AVIATION
136
ARCADIS ASIA SECTORS
CHEMICALS
FINANCIAL & PHARMACEUTICALS
INSTITUTIONS
The better
Driving chemical and pharmaceutical
investment industry faces
and asset performance and a
diverse range
improving of challenges
sustainable returnsacross globe.challenging
in current Growing and
ageingis populations
markets the key focus have created
of our sectorrising demands for
specialists.
medication and more effective cures for diseases. Asia
is no exception,
Through despite market
utilizing unique Asia having a relatively
insight, such as younger
our
population
global asset compared
performance the other regions. It isour
benchmarks, also deep
import-
ant to take
technical note thatand
knowledge, approximately
an unrivalled twoglobal
thirds track
of total
global
record demand with
in working growth for chemicals
financial is expected
institutions, we are able to be
generated
to define in Asia.
solutions to meet client needs and to enhance
their business outcomes.
In order to stay ahead of the competition, we work with
our clients across Asia to improve their supply chain and
OILsecure
AND GAS their pipelines. The chemicals and pharmaceuti-
cals industry will continue to be ‘on the move’ to Asia
with production
Rising rapid development
costs andinunpredictable
the future topricesfulfill demand
put oil
coming
& gas fromunder
clients Asia andmorebeyond.
pressure than ever. Growing
complexities of shifting environmental legislation combined
with an increased need for asset decommissioning, oil &
gas has become a complex and rapidly evolving sector.
COMMERCIAL DEVELOPERS
We partner with global oil & gas clients to maximize
Commercial
returns on ourdevelopers are a significant
clients’ investments, proportion
through better of
our marketofinproject
management Asia, especially in those
risks and costs, andcountries
improvement where
the economy
of opex performance. is driven by investment
We work across theinassetproperty. In the
lifecycle
fromlastconcept
10 yearsthroughChina, to for decommissioning.
example, has beenWe fuelled
bringby
demandupstream
together for properties& as a result of rapid
downstream urbanization,
expertise and
and this is from
understanding also anow
broad the case
base in countries
of capabilities such as
including
costVietnam
& risk and the Philippines.
management, environmental management,
project management and maintenance strategy.
All building types, including commercial offices, residen-
tial, leisure, hospitality and retail, are confronted with
RAILever increasing challenges in terms of efficiency of land
ARCADIS VIETNAM CO., LTD
138 137
design, cost management, contract administration, risk
management, business advisory and mobility oriented
design for numerous metro and high speed rail projects
in Hong Kong, Mainland China, Taiwan, Singapore and
Malaysia.
139
ARCADIS ASIA SERVICES
BUSINESS ADVISORY
COST MANAGEMENT
ENVIRONMENT
140
PROJECT & PROGRAMME MANAGEMENT
WATER
141
ARCADIS VIETNAM CO., LTD
142
DIRECTORY OF OFFICES
143
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DIRECTORY OF OFFICES
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DIRECTORY OF OFFICES
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DIRECTORY OF OFFICES
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DIRECTORY OF OFFICES
157
ACKNOWLEDGEMENT
158
ARCADIS VIETNAM CO., LTD