INVESTMENT IN VIET NAM

CONTENTS

Viet Nam Economy and FDI in Viet Nam

Viet Nam - Japan partnership

Why Viet Nam

New FDI strategies

Potential Sectors for Japanese Investors

VIETNAMESE ECONOMY

3

Vietnam GDP growth 2012 – 2018 (Unit:%)

- GDP 2018 increased by 7.08%, highest rate in the last 10 years

GDP: 244.78 billion USD, GDP per capital: 2,587 USD

Trade volume: 482 billion USD

International visitors: 15.6 mil people

Foreign exchange reserves: exceed 60 bil USD

- 9 months 2019: GDP 6.98%; Trade volume 382.7 bil USD

FDI IN VIET NAM

• Total registered capital accumulated to 357.65 billion USD

• Accumulated implemented capital exceeds 206 billion USD

4

2015 2016 2017 2018 9/2019

Registered capital 24.11 26.89 35.9 35.5 26.16

Implemented capital 14.5 15.8 17.5 19.1 14.2

Unit: bil USD

26,9

35,9 35,5

26,16

15,817,5

19,1

14,2

0

5

10

15

20

25

30

35

40

2016 2017 2018 Sept 2019

Registered Capital Implemented Capital

Chart1

20162016

20172017

20182018

Sept 2019Sept 2019

Registered Capital

Implemented Capital

26.9

15.8

35.9

17.5

35.5

19.1

26.16

14.2

Sheet1

Registered CapitalImplemented Capital

201626.915.8

201735.917.5

201835.519.1

Sept 201926.1614.2

To resize chart data range, drag lower right corner of range.

FDI IN VIET NAM BY PARTNERS(Accumulated as of Sept 2019)

5Source: Foreign Investment Agency

Billion USD

(FIA)

No. Partner Number of projects

Registered capital

(bil USD)

1 Korea 8,190 65.772 Japan 4,291 60.363 Singapore 2,337 49.894 Taiwan 2,666 31.95

5 British Virgin Island1,632 21.82

6 Hongkong827 21.42

7 China2,619 15.75

8 Malaysia 610 12.579 Thailand 549 10.81

10 Netherland 344 9.70................

Total (132 countries and territories) 29,854 357.65

Chart1

Korea

Japan

Singapore

Taiwan

Hongkong

BVI

China

Malaysia

Thailand

Netherland

Other (122 countries and territories)

65.7706473984

60.3564585892

49.894054271

31.9518755545

21.8199700382

21.4181882461

15.746425745

12.567588547

10.8101025206

9.670201011

57.6459731067

Sheet1

26.16422.73.464

357.65114.22122.22

353.7357.164

3.951

Sheet2

STTĐối tácSố dự ánTổng vốn đầu tư đăng ký(Triệu USD)No.PartnerNumber of projectsRegistered capital(bil USD)

1Hàn Quốc8,19065,770.65Korea8,19065.771Korea8,19065.77

2Nhật Bản4,29160,356.46Japan4,29160.362Japan4,29160.36

3Singapore2,33749,894.05Singapore2,33749.893Singapore2,33749.89

4Đài Loan2,66631,951.88Taiwan2,66631.954Taiwan2,66631.95

5Hồng Kông1,63221,819.97Hongkong1,63221.825BVI1,63221.82

6BritishVirginIslands82721,418.19BVI82721.426Hongkong82721.42

7Trung Quốc2,61915,746.43China2,61915.757China2,61915.75

8Malaysia61012,567.59Malaysia61012.578Malaysia61012.57

9Thái Lan54910,810.10Thailand54910.819Thailand54910.81

10Hà Lan3449,670.20Netherland3449.67......

11Hoa Kỳ9649,256.15Other5,7895856UAE200.05

12Samoa3327,200.34Total (132 countries and territories)29,854357.65

13Cayman Islands1147,066.08

14Canada1895,126.96Korea65.77

15Vương quốc Anh3683,644.62Japan60.36

16Pháp5493,576.68Singapore49.89

17Luxembourg502,446.91Taiwan31.95

18CHLB Đức3462,023.49Hongkong21.82

19Thụy Sỹ1571,948.21BVI21.42

20Australia4681,892.42China15.75

21Seychelles1851,343.00Malaysia12.57

22Brunei Darussalam1721,089.78Thailand10.81

23Bỉ701,030.71Netherland9.67

24Liên bang Nga134942.11Other (122 countries and territories)58

25British West Indies17924.49

26Ấn Độ247919.89

27Thổ Nhĩ Kỳ22708.55

28Indonesia87579.03

29Cộng Hòa Síp18476.89

30Đan Mạch139430.25

31Italia107402.04

32Mauritius55393.33

33Thụy Điển73389.95

34Bermuda11357.36

35Marshall Islands10288.18

36Philippines77276.46

37Belize24195.66

38Nauy44191.85

39Ba Lan18182.90

40Cook Islands2172.00

41Ma Cao15151.63

42Áo34147.22

43Anguilla21142.17

44Slovakia10140.78

45Bahamas8109.30

46Tây Ban Nha72106.97

47New Zealand3595.02

48Cộng hòa Séc3890.70

49Angola482.80

50Israel2978.89

51Lào870.06

52Barbados368.39

53Hungary1966.94

54Campuchia2263.74

55Ecuador456.70

56Các tiểu vương quốc Ả Rập thống nhất2050.48

57Saint Vincent and the Grenadines548.90

58Swaziland145.00

59Panama1243.45

60Ireland2241.88

61Saint Kitts and Nevis339.89

62Channel Islands938.08

63Isle of Man235.07

64Pakistan5832.57

65Sri Lanka1932.41

66Bulgaria930.99

67Ukraina2529.62

68Irắc627.28

69Phần Lan2323.27

70El Salvador222.50

71Oman320.77

72Costa Rica516.67

73Belarus316.25

74Lithuania414.21

75Armenia212.98

76Island of Nevis311.78

77Dominica18.00

78Cu Ba26.70

79United States Virgin Islands25.84

80Andorra13.80

81Nigeria343.50

82Guatemala43.22

83Turks & Caicos Islands23.10

84Brazil42.81

85Ả Rập Xê Út52.31

86Slovenia32.27

87Ai Cập92.16

88Serbia21.58

89Kuwait31.40

90Nam Phi111.33

91Syrian Arab Republic51.23

92CHDCND Triều Tiên51.20

93Rumani21.20

94Guinea Bissau11.19

95Mông Cổ31.10

96Ma rốc21.05

97Ghana21.02

98Jordan30.95

99Myanmar10.80

100Bangladesh120.77

101Venezuela20.51

102Libăng40.51

103Guam10.50

104Kazakhstan20.49

105Afghanistan30.37

106Mali20.32

107Nepal40.32

108Sudan30.31

109Chile20.27

110Estonia30.26

111Maldives10.23

112Monaco10.21

113Latvia30.17

114Antigua and Barbuda20.17

115Argentina30.13

116Bồ Đào Nha30.13

117British Isles10.10

118Libya10.10

119Uruguay10.10

120Palestine10.09

121Yemen30.07

122Turkmenistan10.07

123Mexico20.06

124Iran (Islamic Republic of)30.05

125Algeria10.05

126Hy Lạp20.05

127Uganda20.04

128Sierra Leone10.03

129Djibouti10.02

130Cameroon20.01

131Liechtenstein10.01

132Ethiopia10.01

Tổng29,854357,651.49

Sheet2

FDI IN VIET NAM BY SECTORS(Accumulated as of Sept 2019)

6Source: Foreign Investment Agency (FIA)

No. Sector ProjectRegistered Capital (bil

USD)

1Manufacturing and processing industry 14,079 209.27

2 Real estate business 833 58.37

3

Production and distribution of electricity, gas, water, air 128 23.39

4 Lodging and restaurant 816 11.95 5 Construction 1,675 10.29

6 Wholesale, retail, repairing services 4,255 9.04

7 Logistic and warehouse 805 5.02 8 Mining 109 4.92

..............

15 Health and social services 146 1.99Others (10sectors) 7,067 23.50

Total (19) 29,854 357.65

Chart1

Manufacturing and processing industry

Real estate business

Production and distribution of electricity, gas, water, air

Lodging and restaurant

Construction

Others

0.5851244366

0.1632170997

0.0653849904

0.0334211175

0.0287825572

0.1240697985

Sheet1

26.16422.73.464

357.65114.22122.22

353.7357.164

3.951

Sheet2

STTĐối tácSố dự ánTổng vốn đầu tư đăng ký(Triệu USD)No.PartnerNumber of projectsRegistered capital(bil USD)

1Hàn Quốc8,19065,770.65Korea8,19065.771Korea8,19065.77

2Nhật Bản4,29160,356.46Japan4,29160.362Japan4,29160.36

3Singapore2,33749,894.05Singapore2,33749.893Singapore2,33749.89

4Đài Loan2,66631,951.88Taiwan2,66631.954Taiwan2,66631.95

5Hồng Kông1,63221,819.97Hongkong1,63221.825BVI1,63221.82

6BritishVirginIslands82721,418.19BVI82721.426Hongkong82721.42

7Trung Quốc2,61915,746.43China2,61915.757China2,61915.75

8Malaysia61012,567.59Malaysia61012.578Malaysia61012.57

9Thái Lan54910,810.10Thailand54910.819Thailand54910.81

10Hà Lan3449,670.20Netherland3449.67......

11Hoa Kỳ9649,256.15Other5,7895856UAE200.05

12Samoa3327,200.34Total (132 countries and territories)29,854357.65

13Cayman Islands1147,066.08

14Canada1895,126.96Korea65.77

15Vương quốc Anh3683,644.62Japan60.36

16Pháp5493,576.68Singapore49.89

17Luxembourg502,446.91Taiwan31.95

18CHLB Đức3462,023.49Hongkong21.82

19Thụy Sỹ1571,948.21BVI21.42

20Australia4681,892.42China15.75

21Seychelles1851,343.00Malaysia12.57

22Brunei Darussalam1721,089.78Thailand10.81

23Bỉ701,030.71Netherland9.67

24Liên bang Nga134942.11Other (122 countries and territories)58

25British West Indies17924.49

26Ấn Độ247919.89

27Thổ Nhĩ Kỳ22708.55

28Indonesia87579.03

29Cộng Hòa Síp18476.89

30Đan Mạch139430.25

31Italia107402.04

32Mauritius55393.33

33Thụy Điển73389.95

34Bermuda11357.36

35Marshall Islands10288.18

36Philippines77276.46

37Belize24195.66

38Nauy44191.85

39Ba Lan18182.90

40Cook Islands2172.00

41Ma Cao15151.63

42Áo34147.22

43Anguilla21142.17

44Slovakia10140.78

45Bahamas8109.30

46Tây Ban Nha72106.97

47New Zealand3595.02

48Cộng hòa Séc3890.70

49Angola482.80

50Israel2978.89

51Lào870.06

52Barbados368.39

53Hungary1966.94

54Campuchia2263.74

55Ecuador456.70

56Các tiểu vương quốc Ả Rập thống nhất2050.48

57Saint Vincent and the Grenadines548.90

58Swaziland145.00

59Panama1243.45

60Ireland2241.88

61Saint Kitts and Nevis339.89

62Channel Islands938.08

63Isle of Man235.07

64Pakistan5832.57

65Sri Lanka1932.41

66Bulgaria930.99

67Ukraina2529.62

68Irắc627.28

69Phần Lan2323.27

70El Salvador222.50

71Oman320.77

72Costa Rica516.67

73Belarus316.25

74Lithuania414.21

75Armenia212.98

76Island of Nevis311.78

77Dominica18.00

78Cu Ba26.70

79United States Virgin Islands25.84

80Andorra13.80

81Nigeria343.50

82Guatemala43.22

83Turks & Caicos Islands23.10

84Brazil42.81

85Ả Rập Xê Út52.31

86Slovenia32.27

87Ai Cập92.16

88Serbia21.58

89Kuwait31.40

90Nam Phi111.33

91Syrian Arab Republic51.23

92CHDCND Triều Tiên51.20

93Rumani21.20

94Guinea Bissau11.19

95Mông Cổ31.10

96Ma rốc21.05

97Ghana21.02

98Jordan30.95

99Myanmar10.80

100Bangladesh120.77

101Venezuela20.51

102Libăng40.51

103Guam10.50

104Kazakhstan20.49

105Afghanistan30.37

106Mali20.32

107Nepal40.32

108Sudan30.31

109Chile20.27

110Estonia30.26

111Maldives10.23

112Monaco10.21

113Latvia30.17

114Antigua and Barbuda20.17

115Argentina30.13

116Bồ Đào Nha30.13

117British Isles10.10

118Libya10.10

119Uruguay10.10

120Palestine10.09

121Yemen30.07

122Turkmenistan10.07

123Mexico20.06

124Iran (Islamic Republic of)30.05

125Algeria10.05

126Hy Lạp20.05

127Uganda20.04

128Sierra Leone10.03

129Djibouti10.02

130Cameroon20.01

131Liechtenstein10.01

132Ethiopia10.01

Tổng29,854357,651.49

Sheet2

Sheet3

STTChuyên ngànhSố dự ánTổng vốn đầu tư đăng ký (Triệu USD)No.SectorProjectRegistered Capital (bil USD)

1Công nghiệp chế biến, chế tạo14,079209,270.62209.271Manufacturing and processing industry14,079209.27

2Hoạt động kinh doanh bất động sản83358,374.8458.372Real estate business83358.37

3Sản xuất, phân phối điện, khí, nước, điều hòa12823,385.0423.393Production and distribution of electricity, gas, water, air12823.39

4Dịch vụ lưu trú và ăn uống81611,953.1111.954Lodging and restaurant81611.95

5Xây dựng1,67510,294.1210.295Construction1,67510.29

6Bán buôn và bán lẻ; sửa chữa ô tô, mô tô, xe máy4,2559,038.099.046Wholesale, retail, repairing services4,2559.04

7Vận tải kho bãi8055,020.415.027Logistic and warehouse8055.02

8Khai khoáng1094,922.544.928Mining1094.92

9Giáo dục và đào tạo5064,366.294.379Education and training5064.37

10Thông tin và truyền thông2,0603,762.513.7610Communication & Information2,0603.76

11Nông nghiêp, lâm nghiệp và thủy sản4953,487.233.49Others (9 sectors)4,58817.26

12Nghệ thuật, vui chơi và giải trí1323,401.643.40Total (19)29,854357.65

13Hoạt động chuyên môn, khoa học công nghệ3,1103,128.883.13

14Cấp nước và xử lý chất thải752,824.142.82No.SectorRegistered Capital (bil USD)

15Y tế và hoạt động trợ giúp xã hội1461,986.241.991Manufacturing and processing industry209.2759%

16Hoạt động hành chính và dịch vụ hỗ trợ413945.300.952Real estate business58.3716%

17Hoạt động dịch vụ khác142826.290.833Production and distribution of electricity, gas, water, air23.397%

18Hoạt động tài chính, ngân hàng và bảo hiểm69655.820.664Lodging and restaurant11.953%

19Hoạt đông làm thuê các công việc trong các hộ gia đình68.370.015Construction10.293%

Tổng29,854357,651.49357.65Others44.3712%

Total (19)357.65

No.Sector

1Manufacturing and processing industry59%

2Real estate business16%

3Production and distribution of electricity, gas, water, air7%

4Lodging and restaurant3%

5Construction3%

Others12%

Sheet3

7

Viet Nam Trade Overview

No Country Amount (bil USD)

1 China 106.7

2 South Korea 65.7

3 United States 60.3

4 Japan 37.8

5 Thailand 17.3

6 Taiwan 16.4

7 Malaysia 11.5

8 Germany 10.7

9 India 10.7

10 Hong Kong 9.5

No Export Products Amount (bil USD)

1 Phones & Spare parts 49

2 Garments & Textiles 30.5

3 Computers and Spare parts 29.3

4 Machinery & Spare parts 16.6

5 Footwear 16.3

6 Timber Products 8.9

7 Aquatic Products 8.8

8 Motor vehicles & spare part 8

9 Cameras & spare parts 5.2

10 Steel 4.6

TOP 10 Trade partners TOP 10 Export Products

Source: 2018 statistic

8

Viet Nam – Japan Partnership

8

FDI- Japan is the 2nd FDI partner, 58.2 billions USD registered capital- Japan is the largest FDI partner of Vietnam in 2017, 2018- Japanese business members in Vietnam is the largest in ASEAN

Economy- Japan is the largest ODA provider for Viet Nam - Bilateral trade in 2018 reached 37.8 billions USD

(Vietnam is Japan 2nd largest trade partner in ASEAN)

830,000 Japan visitors to Vietnam in 2018 390,000 Vietnam visitors to Japan in 2018

9

JAPAN FDI IN VIET NAM

Source: Foreign Investment Agency

2016 2017 2018 8M/2019Projects 351 397 440 285

New Registered Capital 1.181,81 7.807,93 6.855,89 1.184,47

Additional Capital 1.328,02 910,72 1.487,16 789,71

M&A 526,06 486,00 601,42 365,18

10

JAPAN FDI IN VIET NAM BY SECTORS(Accumulated as of Sept 2019)

10Source: Foreign Investment Agency

No Sector Projects Registered capital (mil USD)

1Manufacturing and processing industry 1,760 39,129.69

2Real estate business 89 7,265.97

3Production and distribution of electricity, gas, water, air 17 6,553.04

4Wholesale, retail, repairing services 585 1,729.83

5Mining 9 1,398.51

6Construction 161 1,370.91

7Professional activities, science and technology 628 635.13

8Logistic and warehouse 114 539.89

...... ... ...

17Health and social services 20 42.55

11

JAPAN FDI IN VIET NAM BY PROVINCES(Accumulated as of Aug 2019)

11Source: Foreign Investment Agency

No. Province ProjectsRegistered

Capital(bil USD)

1 Thanh Hoa 16 12.5

2 Ha Noi 1,162 10.2

3 Binh Duong 307 5.3

4 Ho Chi Minh City 1,327 4.4

5 Dong Nai 254 3.6

6 Hai Phong 144 3.4

7 Khanh Hoa 7 2.6

8 Hung Yen 156 2.6

9 Ba Ria - Vung Tau 33 2.2

10 Kiên Giang 5 1.3

11 Other (45) 836 9.9

Total (55) 4,247 58.2

WHY VIET NAM

12

Stable Politics, Open Society High & Stable Economic Growth

Competitive Production Cost Abundant Human Resource

Potential Market Global Economic Integration

Open Policy & Investment

Incentives Strategic Location

- CPTPP, EVFTA come into force

- CHINA - US Trade war

- Global Economic slowdown

- Brexit, Japan – Korea tension

- China + 1, Thailand + 1

Global Economic Integration

- Administration reform

- Macro economic stabilization

- Investment environment improvement

- New FDI mobilization strategy

- Revise Investment and Enterprise Law (2019)

Global

Viet Nam

By 2020, Vietnam will take an important role of economic connection network of 55 partners in which 15 are members of G-20

14

12Signed & Effective

AFTA

ASEAN - China

ASEAN - Korea

ASEAN - India

ASEAN - Japan

ASEAN – Australia/New Zealand

Vietnam - Chile

Vietnam - Japan

Vietnam - KoreaVietnam – Eurasian

Economic Union

1End of

negotiation

CPTPP

EVFTA

3Under

negotiation

ASEAN – Hong Kong

RCEP

Vietnam - EFTA

Vietnam - Israel

Global Economic Integration

Global Economic IntegrationCPTPP AGREEMENT

• Vietnam is regarded as the most benefited country from CPTPP

• Driving force for institutional reform and investment environment

• Collaborate, build supply chain to access markets of member countries

• Came into force since January 14th 2019

15

• 14% of GDP (USD 13 trillion)

• 8% of the world population

• 15% of global trade

• 98% tax rate abolished

• Commitment to non-traditional sectors

• Numbers of countries consider joining

Global Economic IntegrationEVFTA

• EVFTA is a comprehensive, high-quality Agreement

• Provide a springboard for Vietnam to boost exports, and diversify export markets andproducts

• Vietnam’s export to the EU will increase 20 percent in 2020; 45% in 2025 - 2030

• Officially signed in June 30th 2019

16

• Vietnam is the 2nd ASEAN nation signed FTA with

EU, the 1st developing nation in ASIA signed FTA

with EU

• 10% of the world population (600 million)

• 99% tax rate abolished

• Commitment to non-traditional sectors

HUMAN RESOURCE

17

Vietnam population: 96.2 mil people (2019)

Vietnam is world 15th populous nation, 3rd in ASEAN

Literacy rates: 95,8% Population in working age: 55.6 mil

236 University (5 FDI University), 2.2 mil students

1,948 Vocational School, 2.26 mil students

18

• Implement concrete legal framework, enhance transparency, policyimplementation

• Enhance Government FDI management capacity

• Restructure the investment incentive mechanism

• Facilitate local suppliers to FDI value chain, Promote technical transfer

• Attract high tech, added value, environment friendly, R&D projects

• Develop skills supply and productivity

• Improve infrastructure, energy and logistics systems

• Modernize investment promotion

New FDI Strategies (Resolution 50-NQ/TW)

19

Creating business environment and competing capability of ASEAN 4 before 2021 and ASEAN 3 before 2030.

•Registered capital: 30-40 billion USD/year for the 2021-2025 period and 40-50 billion USD/year for the 2026-2030 period.

•Implemented capital: 20-30 billion USD/year for the 2021-2025 period and 30-40 billion USD/year for the 2026-2030 period.

•The proportion of enterprises using high technology, modern management platform, environmental protection rate: increase 50% by 2025 and 100% by 2030 compared to 2018.

•The localization rate: increase from 20-25% (At this moment), to 30% by 2025 and 40% by 2030.

•The proportion of trained labor in the employment structure: increase from 56% in 2017 to 70% in 2025 and 80% in 2030.

New FDI Strategies

20

Viet Nam - Japan

20

Healthcare & Pharmacy Biotechnology

Processing and supporting industry

Automation

Infrastructure & PPP

ICT & Software

Real estate

Agriculture & Food Processing

Banking & Insurance

Supporting Industry

21

The health care reform in Viet Nam- The Government of Viet Nam has promulgated the National

Action Plan to implement the 2030 Agenda for SustainableDevelopment, in which the tasks of each Ministry andAgency were assigned specifically, ensuring a whole-of-government and society approaches.

- The health care reform process in Viet Nam is now shiftingthe focus towards strengthening the grass root levels,especially at community health centers with people-centered, high quality, integrated care, with family medicineprinciple to address NCDs at community level.

21

22

The health care reform (cont)

- We also focus on improving quality of medical services atpublic hospitals, arming at patients’ satisfaction.

- Improve medical education to ensure the quality andquantity of human resource for health.

- Health care financing reform is also our main focus towardsuniversal health coverage, currently the health insurancecoverage is as high as 82%, in which the governmentsubsidizes for the poors, the disadvantages and the ethnicminorities.

23

The health care reform (cont)

- We also mobilize all the resources from society to responseto emerging and re-emerging infectious diseases. Viet Namis a leading country in the region to implement the globalhealth security agenda to be well prepared with emergingand reemerging infectious diseases control.

- For non communicable diseases control, Viet Nam hasadopted the National Strategy on NCDs control and we hasestablished the fund for tobacco control.

24

The key challenges of health andsocial services in Viet Nam

- Public expenditure is still low and total budget for healthhas not yet met the actual needs.

- Aging and epidemiological transition;- Increasing needs for health care;- Disparities between regions;- Public spending share remains low and high out-of-pocket;- The capacity of the health service provision is insufficient

to the people’s demands;- The healthcare service’s quality and efficiency is still

limited;- Each year Vietnamese people spend approximately $2

billion to travel abroad for high quality medical service.

The priority areas of investment in health and social services in Viet Nam

25

The focus on developing cooperation in the following priority areas:1. Science and technology in health sector; 2. Training human resources for health; 3. Prevention of infectious diseases; 4. Promote technical transfer in diagnosis and treatment of the two countries.5. Implementing the family doctor model; 6. Biotechnology in health; 7. Cooperation in the field of pharmacy; 8. Develop comprehensive health programs in areas of need.

Attract from Japan in the area of health

26

- Promote cooperation in primary medical care, oncology, dentistry, neuroscience, vascular, dermatological, endocrine diseases and hi-tech medicine.- Exchange information and facilitate the sending of Vietnamese patients to Japan for treatment.- Consider cooperation in establishing Japanese clinics/hospitals in Vietnam. Exchange health professionals to work in each country.- Exchange of science and training, teaching of highly qualified professionals.

Why Japanese investors should invest in Vietnam’s health and social services? What are the attractive points?

27

- The Government of Vietnam offers several incentives to foreign investors who invest in certain geographical areas or sectors of special interest. For example, in high-tech as medical equipment and pharmaceuticals or healthcare businesses. These tax benefits include: Low corporate income tax; reduction of or exemption from land rental fees...- Business Monitor International (BMI) reported that Vietnam's healthcare expenditure was estimated at US$16.1 billion in 2017, which represented 7.5 percent of the country's GDP. BMI forecasts that healthcare spending will grow to US$22.7 billion in 2021, recording a compound annual growth rate (CAGR) of approximately 12.5 percent from 2017 to 2021.

POTENTIALS FOR JAPAN INVESTORS

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•21 Airports(9 International & 11 domestic airport)

•39 Sea-ports(3 A1 Deep sea-port Hai Phong, Van

Phong, Cai Mép – Thị Vải)

•326 Industrial parks(250 Industrial Parks operating; 43 FDI

Industrial Parks)

•17 Coastal EZ

•03 High Tech Park(06 High Tech Park by 2030)

INVESTMENT INCENTIVES

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Corporate income tax(CIT)

INVESTMENT INCENTIVES

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Import Tax Exemption:

- Machines, materials, specialized means of transportation etc. imported to form fix assets of the encouraged investment projects

- Materials which are unable to be produced domestically

- Commodities imported for the first time according to a list prescribed by the Government for investment projects on hotel, office buildings, apartments, golf courses, tourist resorts, recreation and entertainment sites etc.

- Materials and components of projects in the specially encouraged investment sectors, or geographical areas of specially difficult socio-economic conditions are exempted from the import tax for 5 years since the commencement of production.

INVESTMENT INCENTIVES

Exemption from land rental fee

Type of Projects Exemption duration

- In encouraged investment sectors 3 years

- In difficult socio-economic geographical areas 7 years

- In especially difficult socio-economic geographical areas or in encouraged investment sectors located in difficult socio-economic geographical areas.

11 years

- In encouraged investment sectors located in especially difficult socio-economic geographical areas 15 years

- BOT projects, projects in high-tech industrial zones, projects of education and training, and hospital projects

Whole project life time

USEFUL WEBSITES

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No Website Agency

1 http://www.chinhphu.vn Portal of the Government

2 http://www.mpi.gov.vn Ministry of Planning and Investment

3 http://www.mof.gov.vn Ministry of Finance

4 http://www.moit.gov.vn Ministry of Industry and Trade

5 http://fia.mpi.gov.vn Foreign Investment Agency

6 https://dautunuocngoai.gov.vn National portal on FDI

7 https://dangkykinhdoanh.gov.vn Business Registration Management Agency

8 http://www.gso.gov.vn General Statistics Office

9 http://www.khucongnghiep.com.vn Vietnam Industrial Zone

10 http://muasamcong.mpi.gov.vn E-Procurement system

http://www.chinhphu.vn/http://fia.mpi.gov.vn/https://dautunuocngoai.gov.vn/http://www.mpi.gov.vn/http://www.gso.gov.vn/http://www.khucongnghiep.com.vn/http://muasamcong.mpi.gov.vn/

THANK YOU!

Investing in VIET NAM, Engaging the World

スライド番号 1スライド番号 2 VIETNAMESE ECONOMYFDI IN VIET NAMFDI IN VIET NAM BY PARTNERS�(Accumulated as of Sept 2019)FDI IN VIET NAM BY SECTORS�(Accumulated as of Sept 2019)Viet Nam Trade Overview Viet Nam – Japan Partnership��JAPAN FDI IN VIET NAMJAPAN FDI IN VIET NAM BY SECTORS�(Accumulated as of Sept 2019)JAPAN FDI IN VIET NAM BY PROVINCES�(Accumulated as of Aug 2019)WHY VIET NAM- CPTPP, EVFTA come into force �- CHINA - US Trade war�- Global Economic slowdown�- Brexit, Japan – Korea tension �- China + 1, Thailand + 1�By 2020, Vietnam will take an important role of economic connection network of 55 partners in which 15 are members of G-20Global Economic Integration�CPTPP AGREEMENTGlobal Economic Integration�EVFTAHUMAN RESOURCEスライド番号 18スライド番号 19Viet Nam - JapanThe health care reform in Viet NamThe health care reform (cont)The health care reform (cont)The key challenges of health and social services in Viet NamThe priority areas of investment in health and social services in Viet NamAttract from Japan in the area of health Why Japanese investors should invest in Vietnam’s health and social services? What are the attractive points?POTENTIALS FOR JAPAN INVESTORSINVESTMENT INCENTIVESINVESTMENT INCENTIVESスライド番号 31USEFUL WEBSITESスライド番号 33