September 29, 2020

[Webinar] Manufacturing Shift from China – Are Vietnam’s Industrial Parks and Logistics Attractive Enough?

On September 29, EuroCham hosted a special webinar on “Manufacturing shift from China (continued..) Are Vietnam’s Industrial Parks and Logistics Attractive Enough?” with guest speakers Mr. Paul Tonkes, Director of Industrial and Logistic Services, Cushman & Wakefield and Ms. Shirakawa  Satoko, Director, International Business Advisory. 
With the second webinar about the topic of manufacturing shift from China, EuroCham was honoured to receive the support of Ns Bluescope Lysaght – The Australian Steel Solution Expert and Kizuna Vietnam.
        
Understanding the importance of the topic towards EuroCham members, EuroCham decided to organize a second webinar on this subject with more focus on industrial and logistics industries. The webinar was moderated by Mr. Sérgio Pereira Da Silva, Board Member of EuroCham and Chairman of CCIPV Vietnam, and was attended by more than 100 members from businesses, NGOs, and representatives of business associations.
      
Mr. Paul Tonkes, Director of Industrial and Logistic Services, Cushman & Wakefield opened the session with a discussion about Vietnam’s FDI market overview 2020. According to Mr. Tonkes, the total FDI of Vietnam in the first 9 months of 2020 is USD 21.1 billion – an increase of 18.9% YoY with 1,947 new projects approved which covers more than USD 10.36 billion. In Q2 of 2020 alone, Vietnam’s index of industrial production recorded a modest increase of 0.74% year-on-year, much lower than the growth of 9.2 % in Q2 2019 and 5.3% in 2020, due to strict COVID-19 social distancing policy in April 2020.
     
   
Mr. Tonkes also discussed Vietnam’s Industrial Market Overview, 1H 2020. Vietnam currently has 336 industrial parks with 261 IPs having come into operation and 75 IPs being under construction and site clearance. He also gave details about the market by regions in Vietnam.
In his presentation, Mr. Tonkes also stressed the rise of ASEAN and the pros and cons of industrial real estate in Vietnam. The global spread of COVID-19 has sparked a clarion call to diversity, with supply chains moving away from China. SEA, therefore, presents a viable alternative for manufacturers. Turning to the logistics real estate market in Vietnam, he also gave a deep analysis on the supply and demand together with a “SWOT” analysis of the market.
    
Ms. Shirakawa Satoko – Director of International Business Advisory – continued the presentation by giving an introduction to Kizuna Vietnam and some of the difficulties of attracting FDI that Vietnam is currently facing.
According to Ms. Shirakawa, Vietnam is one of few countries that achieved positive growth during the COVID-19 pandemic with economic growth expecting to slow sharply in 2020 to 4.8%. Vietnam’s garment and textile industry was most affected with exports down 15% YoY.
Besides the advantages that Vietnam has, it still faces many difficulties and problems such as language barriers, culture differences, law, financial difficulties and risk for investment. Ms. Satoko also analyzed a case study of a European firm investing in Vietnam with the pros and cons that they are facing.
   
    
At the end of the webinar, Ms. Satoko also provided a solution for quick, easy and efficient production in Vietnam through rental serviced factories. A rental serviced factory will support to save initial investment cost, time and reduce investment risk.
    
    
Later, in the Q&A session, participants discussed issues including whether North and South Vietnam would be more attractive to investors and many other questions relating to the importance topic.
   
    
Concluding the webinar, EuroCham board member Sérgio Pereira Da Silva thanked our speakers and all participants for joining the discussion.
He also thanked Ns Bluescope Lysaght – The Australian Steel Solution Expert and Kizuna Vietnam for supporting EuroCham in organizing the webinar. 
EuroCham will continue to keep our members updated on new developments in the business environment of Vietnam, so remember to follow us on social media and sign-up for our newsletter.

More News

See all

March 23, 2023

[CORPORATE] Earn double Miles when you fly with Air France or KLM

Read more

March 20, 2023

EuroCham’s Highlights in 2022

Read more

March 20, 2023

[AGM 2023] Meet EuroCham’s 2023 Board of Directors

Read more

March 05, 2023

EuroCham Shared Our Views on Boosting Vietnam’s Business and Tourism on VTV4

Read more

March 02, 2023

Vietnam Business Forum (VBF) 2023 Scheduled for March 17, 19 – Register Now!

Read more

March 02, 2023

Food, Agri and Aqua Business Sector Committee (FAABS) Elected its 2023 Board

Read more

February 27, 2023

[CORPORATE]Vietjet opens new flight routes Ho Chi Minh City – Sydney; Ho Chi Minh City – Melbourne only 0VND

Read more

February 23, 2023

EuroCham and HAWA Sign MOU at HawaExpo 2023 to Boost Industry Cooperation and Trade Activities

Read more

February 22, 2023

[Work @ EuroCham] Sector Committee Coordinator

Read more

February 22, 2023

EuroCham Spoke at a Meeting Between HCMC’s Leaders and Foreign Business Associations

Read more

February 21, 2023

[CORPORATE] Discover the EIS Educational Village – Open Day 25th March 2023

Read more

February 21, 2023

[CORPORATE] EMS Vietnam – Vietnam Post’s High quality International Express Service

Read more

February 21, 2023

EuroCham Vietnam and DOLISA Met to Discuss Work Permit Process Difficulties in HCMC

Read more

February 20, 2023

Vice-Chair Claudia Anselmi Shared Perspectives at Human Rights Due Diligence (HRDD) Forum

Read more

February 13, 2023

[Work @ EuroCham] Head of Office Hanoi cum External Relations Manager

Read more

February 09, 2023

EuroCham Will Unveil Our 2022/2023 Whitebook and GEFE 2022 Report on Feb. 16

Read more

February 06, 2023

Chairman Alain Cany Sat Down for an Interview with Forbes Vietnam

Read more

January 30, 2023

Deutsches Haus Ho Chi Minh City Ushered in the New Year with a Lion Dance

Read more

January 19, 2023

The European Business Organization Worldwide Network’s (EBO WWN) Southeast Asian Network Kicked Off Its First Meeting of 2023

Read more

January 16, 2023

Q4 2022 Business Climate Index Results Released

Read more

October 05, 2022

EuroCham’s GEFE 2022 Press Conference in Hanoi

Read more

September 20, 2022

EuroCham Met with Prime Minister Pham Minh Chinh three times last week

Read more

August 24, 2022

EuroCham and its Nine Affiliated European BAs Held the “GEFE and You – How You Can Get Involved” Webinar

Read more

August 17, 2022

Restricted content

Read more

August 11, 2022

[Corporate] EMS International Services to Japan, Korea, Taiwan with extremely preferential rates in July and August 2022

Read more

August 05, 2022

EuroCham attended program on “Connecting the suppliers in the Mekong Delta of Vietnam with distributors, exporting businesses and trade promotion organizations”

Read more

August 01, 2022

EuroCham attended the Workshop "Evaluation Framework for Business regulation reforms and Data Analysis solutions"

Read more

July 28, 2022

[Corporate] BASF Q2 2022: BASF again with strong earnings despite continued high prices for raw materials and energy

Read more

July 08, 2022

Digital Sector Committee – Newsletter Issue No.3 / 2022

Read more

July 01, 2022

[BCI Q2 2022] European Business Stakeholders’ Confidence in Vietnam’s Business Environment Declined Slightly Following Global Economic Uncertainty

Read more

Pour une expérience optimale, veuillez tenir votre mobile à la verticale !

Platinum Partners

Gold Premium Partners

Gold Partners

Silver Partners

Premium Service Partners