Vietnam- Safe and Stable for Investors’ Long-term Development

I have been in Vietnam for nearly 3 years. I can feel Vietnam is changing to adapt to new opportunities and to make the country better. With the advantage of location and labour cost competitiveness, Vietnam is more attractive to foreign investors and has become the main manufacturing base of many big names in different industries in the world. The government is taking efforts to minimise administrative procedures to welcome foreign investment. It is also the movement of Haiphong city. The local authority listens to proposal of investors and go forward to improve investment environment for investors. Big infrastructure projects are being carried out, namely the Hanoi – Haiphong Expressway, and Lach Huyen deep sea port. Green projects are targeted. It is important not only for the local authority but also for investors who put their feet here as it is safe and stable for long term development.

 

In 2014, I expect that Vietnam shall welcome strong investment flow coming from three leading countries, as it is recently awarded such as Japan, Korea and Singapore.

 

We must thank you for the trust of our clients in our zone. We have reached the total investment of nearly US$800 million in 2013 which consists of expanded investment and new investment of 9 more projects. We have become a manufacturing and distribution base of 11 Japanese enterprises. These clients make a milestone for Dinh Vu to mark 50 projects, with total attracted investment reaching approximately US$2.2 billion now. Our client, Bridgestone Corporation decided to increase production capacity at the company’s new passenger car radial tire plant and double its initial investment in Dinh Vu Industrial Zone. It is not only good news for Bridgestone, but also for Dinh Vu and Haiphong. It indicates the initial success of the Bridgestone project by putting a stronger footprint in Dinh Vu. The expansion of Bridgestone visualizes its confidence and satisfaction in execution of Dinh Vu utilities connection and infrastructure.

We are proud to be a multifunction industrial zone where we can well facilitate petrochemical, heavy industry and general light industry as has been foreseen in our master plan. We still focus on these industries. The industrial zone is supported by Dinh Vu general port and liquid jetty system and equipped with a reliable utilities system. 

 

I would like to wish all Vietnamese citizens good health, happiness and prosperity. With good health, you can keep on going, take initiative, complete your target and confidently build your future.