Ba Ria – Vung Tau Attracts Investment to Build Logistics Center

 



In order to promote the development of seaports, Ba Ria – Vung Tau is calling for investors in the field of logistics to come and build logistics centers.

Being the only deep-water port in Vietnam, in the near future, Cai Mep – Thi Vai port will be planned to become the national southern gateway port.

This will be a large center of regional ports. However, the operation of logistics enterprises in Ba Ria – Vung Tau is quite discrete, not yet being organized into a unified network.

The operation of the logistics service centers will bring more sources of goods to the port. This reciprocal relationship is not only creating incentives for the South East region to develop, but also generating revenues from the export activities.

Nhận xét

Đăng nhận xét

Bài đăng phổ biến từ blog này

Vietnam Is the Focus of Foreign Investors

Hình ảnh
  With favorable conditions in macroeconomic, political and social, Vietnam is a potential destination for setting up company and conduct the M&A activity. In Vietnam, the growth of the retail market and the entry of international brands, while the average income of consumers is increasing along with stable economic conditions are creating motivation for retail market. In addition, e-commerce sector is growing and accounts for a large part of total retail sales, although traditional forms of shopping still being preferred by consumers. Moreover, the liberalization of the retail market in 2009 created favorable condition for foreign brands to join and domestic brands are constantly expanding in order to maintain market presence. The most developing sectors of the retail segment are food & beverage (F&B) and consumer products. Vietnam Retail Market Prospect for the Asian retail market is very positive, the average growth rate in retail sales is 8.5% in the last 5 years. T...
Đọc thêm

Da Nang strengthens external relations, promotes investment attraction and international cooperation

Hình ảnh
On October 30th, 2020, representatives of Da Nang city received the delegation of the Ministry of Foreign Affairs to work, exchange and provide information on the coordination between the Ministry of Foreign Affairs and the city in the implementation of international cooperation program. Despite being affected by the COVID-19 epidemic, Da Nang still strives to implement important investment promotion activities such as: Economic promotion seminar, tourism, human resources within the framework of the visiting Vietnam and Danang of the Secretary General of the Liberal Democratic Party of Japan (January 11th to 14th, 2020), organized an online investment promotion conference “Danang – Silicon Valley of Southeast Asia”, contribute ideas and develop local implementation plans for free trade agreements that Vietnam has signed such as: Free Trade Agreement between Vietnam and the European Union, on the draft “White Book 2020” at the request of the European Business Association in Vietnam (Eur...
Đọc thêm

WSJ: “Made in Vietnam” Goods will Soon Popular Globally

Hình ảnh
Numerous foreign investors relocating factorties to Long An (Vietnam) to set up business and take advantage of young and low cost workforce. This province has a dozen industrial zones. As of May 2015, they have attracted 3.67 billion USD foreign investments, 40% of which is poured into textiles sector. The economists said that this process could accelerate if the Trans-Pacific Partnership agreement (TPP) is agreed. This agreement will reduce import tariffs on many goods exchanged between member states, mainly to benefit the developing country like Vietnam or Malaysia – countries where growth rate depends heavily on exports. Wages soared and labor shortages in China are making Vietnam become more attractive. Last year, FDI into Vietnam have reached 12.4 billion USD, increase by nearly 25% compared to 2009. One of the largest investors as Samsung Electronics of South Korea whom have plan to double investment in electronics manufacturing in Vietnam. If TPP takes effect, Vietnam economy ...
Đọc thêm