Ba Ria - Vung Tau economic overview
Transcript of Ba Ria - Vung Tau economic overview
INTRODUCTION
General Information (2015)
Total area: 1989,46 km2
Population: 1.064.000
Working population: 702,000
Administrative unit: 08 2
INTRODUCTION Wonders of nature, history and culture
Front beach
Kite festival
White palace, Built by the French (1898-1916) as a summer holiday house of French Governor
Nghinh Ong festival & whale worshiping custom
Green turtle of Con Dao
Christ the King statue
Golf court of Ho Tram Strip and Casino (Long Hai District)
Six Senses resort (Con Dao)
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Con Dao island
Scuba diving in Con Dao
INTRODUCTION Social infrastructure
Hospital Supermarket Seaside park
University Streets Apartments
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• Ranking the 3rd just after Ho Chi Minh City and Ha Noi in living standard • Very well developed social infrastructures. • Has all essential facilities supporting living demand of locals and foreigners alike
INTRODUCTION Natural Resources
Phu My 1 thermal power plant from Japanese ODA
Generate 17,5% of national power output from natural gas supply.
Center of Power
Natural gas processing plant
Exploitation rate of 8,8-9 billion m3/year to generate power, fertilizer, LPG and supply natural gas to local industrial zones.
Lakes and water plants supply 180.000m3 of fresh water a day.
Rich water supply Abundant natural gas supply
Natural deep water seaport
Natural depth of 14 m, Cai Mep – Thi Vai river system accommodates vessel up to 200.000 DWT.
Da Den lake water plant
Cai Mep - Thi Vai international terminals
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ECONOMY Ba Ria – Vung Tau has been the leading province
of Vietnam in economic development, the third
largest economy of Vietnam:
• Economic growth rate 5,31%/year
• GDP VND 6.754
billions
• Contribution in national GDP 11%
• GDP per person USD 13.217/year
• Total registered capital USD 27 billion
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FDI capital by country
23 projects USD 2.4 bil
Million USD
Nippon Sheet Glass
Tan Cang – Cai Mep ODA
Terminal, a joint venture with
Mitsui O.S.K Lines
Vietubes : joint venture with Sumitomo Corp., Sumitomo Asia, Nippon Steel & Sumitomo Metal Corp.
Japan Vietnam Petroleum Co (JVPC)
Vina Kyoei (Kyoei Steel)
ECONOMY Major Industries
Phu My 1 thermal power plant from Japanese ODA 93% oil & 16% gas reserves
Center of Oil & Gas
Center of Heavy Industries
Center of rig and ship building
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Food processing
International standards
Tourism
Logistics and sea port
70% national steel output Future int’l transshipment hub
Seafood, flour, veg. oil, beer etc. Over 15 million visitors a year
Regional Transportation Hub
VUNG TAU CITY
LONG THANH IINTERNATIONAL AIRPORT
BINH DUONG CITY
BIEN HOA CITY
NHƠN TRACH CITY
CAT LAI PORT
DAU GIAY TOWN
1A HIGH WAY
CAN GIO DISTRICT
DONG NAI PROVINCE
CAI MEP - THI VAI PORTS
BA RIA VUNG TAU PROVINCE
HO CHI MINH
CITY
TAN SON NHAT INTERNATIONAL
AIRPORT
Major Industrial Zone Area
To Cai Mep – Thi Vai ports: 05 Km
To Ho Chi Minh city: 60 Km
To Tan Son Nhat international airport: 62 Km
To Long Thanh international airport: 10 Km
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International Transshipment Hub
A starting point of Greater Mekong Sub-region Southern Economic Corridor
From Cai Mep – Thi Vai International Terminals to Asian Pacific
From Cai Mep – Thi Vai International Terminals to Europe 9
-Current international container terminals: 07, including: SITV, SP-PSA, TCCT, TCIT, CMIT, TCOT (ODA), SSIT (SP-SSA).
-Channel depth: -16m at Cai Mep area; -14m at Thi Vai area.
-Maximum vessel size: 160,000 to 200,000 DWT. - Capacity: 6.8 Mil. TEUs/year
International Seaport System
SITV (1.1 Mil. TEUs)
TCIT &TCCT (1.5 Mil. TEUs)
SP-PSA (740k TEUs)
CMIT (1.15 Mil. TEUs) SSIT (1.15 Mil. TEUs)
TCOT (ODA) (740k TEUs)
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Logistic center
LABOR FORCE
- Total population: 1.064.000
- Working age population: 702.000
- 31 vocational institutions
- Thousands of internationally educated graduates.
% Male % Female
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LABOR FORCE
Ba Ria – Vung Tau Vocational College
- 3.000 students a year in 09 faculties - Cooperate with Japanese partners in
vocational training for supporting industry since 2012 700 skilled workers with JLPT N5 Japanese instructors Graduates are being employed
by local Japanese factories.
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- 9.000 students a year in 08 faculties including: • Mechanical and Civil
Engineering; • Chemistry • Japanese language • Food Technology.
- International joint programs with 6 overseas universities
Ba Ria – Vung Tau University
Students are being trained by a Japanese instructor Electrical Engineering Japanese class by native teacher
INDUSTRIAL ZONES
14 Industrial Zones with total area of 8.401 ha. Industrial zone infrastructures are ready for new investors.
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Specialized Industrial Zones 1. Phu My 3 Industrial Zone
- Total area: 999 ha - Industrial & Logistics area: 600 ha
- Heavy-industry area - Logistics area - Port, cargo transportation - Multi-industrial area
- Service area: - Accommodation - Urban utilities
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Specialized Industrial Zones
- Total area: 1,058 ha - Industrial & Logistics area:
- Land for lease - Rental factories - Logistics area
- Service area: - Bonded warehouse and logistics. - Dormitory, kindergarten - Expert accommodations. - Restaurant and hotel. - Sport center. - Clinics. - Shopping area. - Banking services.
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2. Da Bac Industrial Zone
Tax incentives a. In Industrial Zones in Tan Thanh district (disadvantaged area)
Corporate income tax: - For first 10 years: tax rate of 20%
from the first year of revenue generation
- First 2 years: tax exemption for taxable income
- 4 consecutive years after exemption period: Tax reduction of 50% for tax amount paid
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b. For investment in Specialized Industrial Zones Specialized Industrial Zones will have special incentives similar to those in Economic Zones
Import duty : tax exemption for machinery, equipment, spare parts, components, raw materials, etc which are not produced domestically