Lawyer in Vietnam Dr. Oliver Massmann TRANSPORT and LOGISTICS - what you must know!
•
3 j'aime•886 vues
Lawyer in Vietnam Dr. Oliver Massmann TRANSPORT and LOGISTICS - what you must know!
Recommandé
Recommandé
Contenu connexe
Tendances
Tendances (20)
Similaire à Lawyer in Vietnam Dr. Oliver Massmann TRANSPORT and LOGISTICS - what you must know!
Similaire à Lawyer in Vietnam Dr. Oliver Massmann TRANSPORT and LOGISTICS - what you must know! (20)
Plus de Dr. Oliver Massmann
Plus de Dr. Oliver Massmann (20)
Dernier
Dernier (17)
Lawyer in Vietnam Dr. Oliver Massmann TRANSPORT and LOGISTICS - what you must know!
- 1. www.duanemorris.com ©2010 Duane Morris LLP. All Rights Reserved. Duane Morris is a registered service mark of Duane Morris LLP. Duane Morris – Firm and Affiliate Offices | New York | London | Singapore | Los Angeles | Chicago | Houston | Hanoi | Philadelphia | San Diego | San Francisco | Baltimore | Boston | Washington, D.C. Las Vegas | Atlanta | Miami | Pittsburgh | Newark | Boca Raton | Wilmington | Cherry Hill | Princeton | Lake Tahoe | Ho Chi Minh City | Duane Morris LLP – A Delaware limited liability partnership DR. OLIVER MASSMANN - Partner, General Director DUANE MORRIS VIETNAM LLC VIETNAM’S TRANSPORT AND LOGISTICS SECTORS: Government’s policies and opportunities / challenges for investors 1
- 2. www.duanemorris.com AGENDA: • OVERVIEW ON VIETNAM AND ITS TRANSPORT AND LOGISTICS SECTORS • VIETNAM’S COMMITMENTS TO OPEN MARKET ACCESS IN TRANSPORT SECTOR TO FOREIGN INVESTORS IN THE AEC, EU- VIETNAM FTA AND THE CPTPP • OPPORTUNITIES AND CHALLENGS FOR INVESTORS • CONCLUSION 2
- 3. www.duanemorris.com Vietnam 2017 Economy at a glance • GDP: US$220.3 billion • GDP per capita: US$2,385 • GDP Growth: 6.81% (record breaking in 10 years) • Inflation: 1.41% • Population: About 91.70 million • Labor force aged 15 and above: 54.61 million • Total export and import turnover: : >US$420 billion (7.1% increase) • Regional Minimum wage (Region I): VND 3.980 million (US$ 175) per month (Jan 2018) • Vietnam’s average age: 29 years old 3
- 4. www.duanemorris.com Vietnam to be Asia’s second fastest growing country 4 Asia’s second fastest growing country, only after India Vietnam tops 6 European countries in the Global Competitiveness Index
- 6. www.duanemorris.com Vietnam’s super rich population is growing faster than anywhere else…. 6 … and is on track to continue leading the growth in the next decade
- 7. www.duanemorris.com Communist Vietnam Has More Millionaires Than Capitalist Philippines 7
- 8. www.duanemorris.com Vietnam has the fastest-growing middle and affluent class in the region 8
- 9. www.duanemorris.com VIETNAM’S TRANSPORT AND LOGISTICS SECTORS 9
- 10. www.duanemorris.com Global logistics performance index*: Vietnam * How efficiency can countries ship their products to other countries 10 48th in 2014 64th in 2016 4th in ASEAN after Singapore, Malaysia and Thailand
- 12. www.duanemorris.com Transport infrastructure - Roads • 2,476 specialized routes • 23,495 urban roads • 168,888 rural roads • 13 highways • 146 main roads 12
- 13. www.duanemorris.com Transport infrastructure - Railways 13 km railways km main routes km station and loops514 2,646 3,136
- 14. www.duanemorris.com Transport infrastructure – Sea route 14 44 seaports 254 harbors
- 15. www.duanemorris.com Transport infrastructure - Air • 9 international airports • 12 domestic airports • 4 domestic airlines 15
- 16. www.duanemorris.com Transport services • Passenger transport: 3,846.1 million passengers in 2017, up 11.5% • Cargo transport: 1,117.8 million tons in 2017, up 10.4% 16
- 17. www.duanemorris.com VIETNAM’S COMMITMENTS TO OPEN MARKET ACCESS IN TRANSPORT SECTOR TO FOREIGN INVESTORS IN THE AEC, EU- VIETNAM FTA AND THE CPTPP 17
- 18. www.duanemorris.com Transport Services 18 Maritime Transport WTO = AFAS = CPTPP EVFTA Internal Waterways Transport WTO = CPTPP AFAS = EVFTA Rail Transport WTO = EVFTA CPTPP AFAS CPTPP WTO = EVFTA AFAS Air Transport Low High Low High
- 19. www.duanemorris.com Transport Sub-sectors WTO AFAS TPP EVFTA Maritime transport services Mode 3 MA: joint venture with maximum 49% foreign ownership Same as WTO Same as WTO Mode 3 MA: joint venture with maximum 70% foreign ownership Internal Waterways transport + Passenger transport + Freight transport Mode 1: No commitment Mode 3: joint venture with maximum 49% foreign ownership Mode 1: No restriction Mode 3: joint venture with maximum 51% foreign ownership Same as WTO Same as AFAS Rail transport + Passenger transport + Freight transport Mode 1: No commitment Mode 3: joint venture with maximum 49% foreign ownership Mode 1: No restriction Mode 3: joint venture with maximum 51% foreign ownership Mode 1: No restrictions Mode 3: + Freight transport: joint venture with maximum 49% foreign ownership + Passenger transport: not permitted Same as WTO Air transport + Selling and Marketing of Air Transport Services Mode 1: No restriction Mode 3: Airlines are permitted to provide service in Viet Nam through their ticketing offices or agents in Viet Nam Mode 1: No restriction Mode 3: No restriction Viet Nam reserves the right to maintain or adopt any measure. Same as WTO 19
- 20. www.duanemorris.com OPPORTUNITIES AND CHALLENGES FOR FOREIGN INVESTORS 20
- 21. www.duanemorris.com Opportunities • Favorable geographical location • 3rd most populous country in ASEAN • Increasing FDI (from USD24.4 billion in 2016 to USD35.88 billion in 2017) • Robust trade activities • Rising income levels • Open market access • Member of the WTO Trade Facilitation Agreement 21
- 22. www.duanemorris.com WTO ANALYSIS OF LIBERALIZATION OF MARKET ACCESS Vietnam ties in first place with Singapore • *Typical restrictions: number of opened sectors, JV requirement, limits on foreign-owned shares, permission requirement 22 Country Limitation of market access* Country Limitation of market access* Malaysia medium Myanmar high Indonesia medium Cambodia medium Philippines medium Laos medium Singapore low India high Thailand medium China medium Brunei high Vietnam low
- 23. www.duanemorris.com Challenges • Fragmented sector with many small enterprises • Poor infrastructure • High facilitation payment rate • Old equipment • Low adoption of technology • Fierce competition from big shipping companies like Maersk Group (Denmark), Mediterranean Shipping Company S.A. (MSC) (Switzerland), CMA CGM Group (France) and Hapag-Lloyd (Germany). 23
- 24. www.duanemorris.com Solutions • Improve transparency in services supply and unit price. In particular, the industry has to improve the service quality and introduce the most reasonable transport price. • In the long term, take advantage of the openness of the Vietnam’s market access commitments to foreign participation to modernize the fleet and develop port infrastructure to increase the ports’ efficiency. • Invest in technology across different parts of the supply chain – take advantage of the Industrial Revolution 4.0 • Streamlined Government regulations are important! 24
- 26. www.duanemorris.com CONNECTIONS ARE BUSINESS PLEASE CONNECT WITH ME ON LINKEDIN: OLIVER MASSMANN 26
- 27. www.duanemorris.com WHEREVER YOU ARE - BE ALL THERE Jim Elliot 27
- 28. www.duanemorris.com DUANE MORRIS VIETNAM LLC Thank you very much! HANOI OFFICE HO CHI MINH CITY OFFICE Pacific Place, Unit V1307/08, 13th Floor, Suite 1503/04, Saigon Tower 83B Ly Thuong Kiet, Hoan Kiem District 29 Le Duan Street, District 1 Hanoi, Vietnam Ho Chi Minh City, Vietnam Tel.: +84 4 39462200 Tel.: +84 8 3824 0240 Fax: +84 4 3946 1311 Fax: +84 8 3824 0241 Contact email: omassmann@duanemorris.com 28