Sourcing From Vietnam-Analyse the Present Business Situation in Vietnam - PowerPoint PPT Presentation

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Sourcing From Vietnam-Analyse the Present Business Situation in Vietnam

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Vietnam's investor-friendly trade policies, along with its commendable business environment, greatly favor the country as an addition, if not an alternative, to China, as a promising sourcing destination. Furthermore, foreign investors, interested in sourcing from Vietnam, are required to get an Investment Certificate – PowerPoint PPT presentation

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Title: Sourcing From Vietnam-Analyse the Present Business Situation in Vietnam


1
Analysing the Present Business Situation in
Vietnam
  • In Vietnam, due to liberalization and
    improvement in social policies, economic growth
    has increased and poverty rates have gone down.
    Since 1993, Vietnams economy has grown over 5
    per cent each year.

2
Importing Goods From Vietnam
  • Vietnam is the 28th largest export economy in
    the world and the 93rd most complex economy.
  • Economic reforms eventually resulted in WTO
    accession in 2007, and a growing number of
    foreign traders have turned to importing goods
    from Vietnam ever since.

3
Rules and Laws
  • What has further encouraged importing from
    Vietnam, is that under Vietnamese laws, it is not
    required for a company to have an import/export
    license, if they intend to set up a trading
    company.
  • However, a foreign investor must register with
    the Department of Planning and Investment (DPI)
    in order to be able to conduct import/export
    business.

4
Can you afford to import?
  • Companies that intend to grow their current
    business processes in order to engage in
    import/export undertakings must follow the
    processes for adjusting their Investment
    Certificates.
  • Exemptions to this duty, include goods in
    transit, goods exported to a foreign country from
    a non-tariff zone, and goods passing from one
    non-tariff zone to another.

5
  • Vietnam was classified by the World Bank as a
    lower middle-income country in 2009. As the
    Vietnamese economy slowly makes the transition
    from agriculture into industry and services,
    labor productivity is also improving.
  • In the World Economic Forum, Global
    Competitiveness Index Vietnam has been ranked as
    the 68th most competitive economy, out of 144.

6
Contact Us
  • Website
  • http//www.qaizengroup.com/
  • Address
  • Qaizengroup
  • Baccarat Towers, Xintiandi, HuangPu District,
    Shanghai,China, 200040
  • Contact Details
  • Email info_at_qaizengroup.com
  • Phone 86 21 62146916
  • Mobile 86 15000710023
  • Fax 86 21 62146916
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