India’s Auto Parts Firm is Setting up Factory inVietnam

Pricol, the 40-year-old company in India, currently has 8 production facilities and 7 international offices.

India’s Auto Parts Firm is Setting up Factory inVietnam

As published on the India Times newspaper, Pricol is planning to expand operation in overseas markets by opening new plants and implementing acquisitions globally.

According to the CEO of Pricol, the company will set up new plants in Mexico and Vietnam… Along with it, the company is searching for acquisition targets in Europe to reach this market. All these plans are included in the company’s vision till 2020. By 2018, Mexico will be the largest market for auto parts and the project in Vietnam will be started in the following year.

ANT Consulting is here to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist market entrance, and ensure efficient business start-up operation. 

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Vietnam Expecting Strong Capital Wave from Apple

Leaders of Ho Chi Minh City (HCMC), Binh Duong and Bac Ninh will create the most favorable conditions to invite and welcome Apple projects to be invested in Vietnam.

Ho Chi Minh City

Apple has proposed to build a database center serving Asia in Vietnam. The project has a total investment of approximately 1 billion USD. Presently, Apple is looking for place to put on the project construction headquarter.

According to Mr Nguyen Van Hung from HCMC’s Department of Planning and Investment, the leaders of the City have surveyed and contacted with Apple in the United States. The City always ready to welcome the high-tech projects.

Moreover, according to Mr Le Hoai Quoc from HCMC hi tech park, their management board has also actively contact with representatives of Apple in the previous year. The general view of the city as well as the management board is looking forward and welcoming the projects with high technological content. Therefore, the city has been very interested and willing to introduce to the Apple representatives about the preferred location for their investment projects. However, it seems they have chosen Hanoi.

Binh Duong

Similarly, in Binh Duong, Binh Duong People’s Committee also said that they are looking forward to welcome Apple’s projects to Binh Duong.

If their choice is Binh Duong, Apple will enjoy all the best preferential policies according to the criteria of high technology sector.

Binh Duong has favorable conditions, clear mechanisms and policies to attract investment with the most beautiful and modern infrastructure in the country.

In terms of location, Binh Duong is the HCMC’s gateway center. It is just 30 minutes driving from Tan Son Nhat airport to Binh Duong. All the conditions are not inferior to Bac Ninh and Bac Giang.

Binh Duong is the place that gathering most of the supporting technology manufacturing enterprises from Japan and South Korea. Hence, if Apple headquarter is located here, this province certainly can meet part of their business requirements. Binh Duong seems to be the only one area in Vietnam that develops high technology.

Bac Ninh

Bac Ninh is the province that is attracting a lot of high-tech projects, including Samsung as one of Apple’s major competitor.

This seems to be opportunities for both investors to compete with each other because everything is equal.

In addition to the general incentives policy of the Government, Bac Ninh is ready to offer their own incentive policies. In any case that the supporting was not enough, Bac Ninh will looking for further support.

In terms of the incentives policies for high-tech enterprises, Bac Ninh is currently leading the country, other provinces still have to learn from Bac Ninh to develop their policies. Moreover, Samsung and Nokia are still located in Bac Ninh therefore Apple will feel satisfy.

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Foreign Corporations Want to Invest in The Vietnam Seaports

Sebrina Group Holdings Ltd (Singapore) expressed their desire to seek more opportunities for cooperation between the Group and the Ministry of Transport of Vietnam in the near future; they also showed their interest in the projects to build seaport in Vietnam…

At the meeting with Minister of Transport Dinh La Thang on September 3rd, Mr. Nasrat Muzayyin – CEO and Co-founder of Sebrina Group Holdings Ltd (Singapore) expressed his desire to seek more cooperation opportunities between the Group and the Ministry of Transport of Vietnam in the coming time.

Accordingly, Sebrina Holdings is a strong business in the energy sector. The Group wants to find out traffic projects related to energy in Vietnam. Simultaneously, the Group also expressed interest in the projects to build seaport in Vietnam.

Presently, Vietnam needs to develop breakthrough many sectors, in which transportation infrastructure is seen as one of the bottlenecks that need to develop rapidly in the future.

On that basis, the Minister appreciated the interest of foreign investors, including the Sebrina Group Holdings Ltd and pledged to create favorable conditions for investors to access to essential information about projects for researching and investment in developing the transportation infrastructure in Vietnam.

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Foreign Corporations Want to Invest in The Vietnam Seaports

Sebrina Group Holdings Ltd (Singapore) expressed their desire to seek more opportunities for cooperation between the Group and the Ministry of Transport of Vietnam in the near future; they also showed their interest in the projects to build seaport in Vietnam…

At the meeting with Minister of Transport Dinh La Thang on September 3rd, Mr. Nasrat Muzayyin – CEO and Co-founder of Sebrina Group Holdings Ltd (Singapore) expressed his desire to seek more cooperation opportunities between the Group and the Ministry of Transport of Vietnam in the coming time.

Accordingly, Sebrina Holdings is a strong business in the energy sector. The Group wants to find out traffic projects related to energy in Vietnam. Simultaneously, the Group also expressed interest in the projects to build seaport in Vietnam.

Presently, Vietnam needs to develop breakthrough many sectors, in which transportation infrastructure is seen as one of the bottlenecks that need to develop rapidly in the future.

On that basis, the Minister appreciated the interest of foreign investors, including the Sebrina Group Holdings Ltd and pledged to create favorable conditions for investors to access to essential information about projects for researching and investment in developing the transportation infrastructure in Vietnam.

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Will Vietnam Become The Silicon Valley of South East Asia?

15 years ago, it was hard to find an information technology (IT) company in Vietnam, but now there are nearly 14,000 IT enterprises that produce and develop hardware, software and digital. The Government of Vietnam considered high-tech industry as one of the pillars to promote economic growth of the country. Vietnam has invested heavily in the construction of infrastructure and adopts economic policies to encourage both domestic and foreign enterprises to invest and do business in Vietnam.

Besides, Vietnam has more than 90 million in population with average age of over 30 years old, in which the number of programmers, engineers, young entrepreneurs and students are increasing, that will be the effort to promote economic growth and technological innovation in the country.

More than 20 years ago, the leading technology corporation IBM has opened an office in Da Nang in 1992 and then opened in Hanoi, Ho Chi Minh City in 1994. Also in 2012, Da Nang was recognized by IBM as one of 33 most dynamic cities in the world and was awarded by the company with 50 million USD under the program to support the improvement of infrastructure in three years time.

Many hi-tech parks are established under the IT projects of Vietnam in 2020 that has been responsive to the growing demand for infrastructure for hardware manufacturing, companies producing software and international information technology… This is giving the central city of Vietnam strength to become a center of high-tech boom.

Moreover, three largest IT universities in Vietnam (that are located in Hanoi, Da Nang and Ho Chi Minh City) are the main workforce for the high-tech zone with hundreds of IT students graduating each year. Many young engineers were recruited immediately to famous companies such as Cisco, Fujitsu, HP, IBM, Intel, LG, Samsung, Sony and Toshiba.

In October 2015, the Vietnam IT Conference will be held in Ho Chi Minh City with the attendance of representatives from 150 multinational IT companies, along with more than 200 IT companies from Vietnam and 20 universities. There will be speeches from Gartner, KPMG, HP, LogiGear, Microsoft, Samsung. This is the chance for Vietnam IT industry to present to the world and everyone will witness the boom of the Vietnam IT industry.

Read More

Foreign Corporations Want to Invest in The Vietnam Seaports

Sebrina Group Holdings Ltd (Singapore) expressed their desire to seek more opportunities for cooperation between the Group and the Ministry of Transport of Vietnam in the near future; they also showed their interest in the projects to build seaport in Vietnam…

At the meeting with Minister of Transport Dinh La Thang on September 3rd, Mr. Nasrat Muzayyin – CEO and Co-founder of Sebrina Group Holdings Ltd (Singapore) expressed his desire to seek more cooperation opportunities between the Group and the Ministry of Transport of Vietnam in the coming time.

Accordingly, Sebrina Holdings is a strong business in the energy sector. The Group wants to find out traffic projects related to energy in Vietnam. Simultaneously, the Group also expressed interest in the projects to build seaport in Vietnam.

Presently, Vietnam needs to develop breakthrough many sectors, in which transportation infrastructure is seen as one of the bottlenecks that need to develop rapidly in the future.

On that basis, the Minister appreciated the interest of foreign investors, including the Sebrina Group Holdings Ltd and pledged to create favorable conditions for investors to access to essential information about projects for researching and investment in developing the transportation infrastructure in Vietnam.

Read More

Will Vietnam Become The Silicon Valley of South East Asia?

15 years ago, it was hard to find an information technology (IT) company in Vietnam, but now there are nearly 14,000 IT enterprises that produce and develop hardware, software and digital. The Government of Vietnam considered high-tech industry as one of the pillars to promote economic growth of the country. Vietnam has invested heavily in the construction of infrastructure and adopts economic policies to encourage both domestic and foreign enterprises to invest and do business in Vietnam.

Besides, Vietnam has more than 90 million in population with average age of over 30 years old, in which the number of programmers, engineers, young entrepreneurs and students are increasing, that will be the effort to promote economic growth and technological innovation in the country.

More than 20 years ago, the leading technology corporation IBM has opened an office in Da Nang in 1992 and then opened in Hanoi, Ho Chi Minh City in 1994. Also in 2012, Da Nang was recognized by IBM as one of 33 most dynamic cities in the world and was awarded by the company with 50 million USD under the program to support the improvement of infrastructure in three years time.

Many hi-tech parks are established under the IT projects of Vietnam in 2020 that has been responsive to the growing demand for infrastructure for hardware manufacturing, companies producing software and international information technology… This is giving the central city of Vietnam strength to become a center of high-tech boom.

Moreover, three largest IT universities in Vietnam (that are located in Hanoi, Da Nang and Ho Chi Minh City) are the main workforce for the high-tech zone with hundreds of IT students graduating each year. Many young engineers were recruited immediately to famous companies such as Cisco, Fujitsu, HP, IBM, Intel, LG, Samsung, Sony and Toshiba.

In October 2015, the Vietnam IT Conference will be held in Ho Chi Minh City with the attendance of representatives from 150 multinational IT companies, along with more than 200 IT companies from Vietnam and 20 universities. There will be speeches from Gartner, KPMG, HP, LogiGear, Microsoft, Samsung. This is the chance for Vietnam IT industry to present to the world and everyone will witness the boom of the Vietnam IT industry.

Read More