ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

Thứ Tư, 31 tháng 8, 2016

Good Risk Management for Enterprise – The Key to Success

Risk is an inevitable factor in business operation activities, higher return is always accompanied by higher risks. Coping and managing risk is an integral part of any business if you want to make profit and create value to shareholders. However, in fact, there are a lot of businesses does not manage risk effectively and furthermore not fully understand about the risks that they are facing.

Risk can be defined broadly as any factors or events could drive business and production activities of the enterprise below forecasted. Specifically, the measures that are commonly used as capital risk, profit risk or cash flow risk, depending on the emphasis that are accounting balance sheet and statement of cash flows.
According to the Vietnam Ministry of Industry and Trade, in recent times, there are many corporate scams between Vietnam and foreign enterprises. In particular, the main behaviors are foreign companies purchase/sell goods or provide services for partners in Vietnam and the Vietnam partner fail to make payment.
Typically, a director has scammed 3 billion VND of foreign companies and he was arrested. Although his company does not have pepper but he still receives nearly 350,000 USD of the Egyptian company, then appropriated half. According to the investigation, a few years ago, Vinamex Co., Ltd signed contract with a Libya company in Egypt to sell 4 black pepper containers with price of 669,600 USD even though the Vinamex Company do not have condition to implement the contract and also do not have goods.
To obtain the money of partners, the Director of Vinamex forging multinational bills of lading, certificate of plant quarantine and then send to Lybia Company. The Lybia Company then transfer to Vinamex a deposit amount of 348,300 USD. After that, Vinamex’s director withdraws all money to pay for his company’s debt.
After months have been urging, the Vinamex Company buy a container of black pepper worth 174,150 USD and then send to Lybia Company. The remaining amount equivalent to 3 billion VND was appropriated by the Vinamex’s director. The Lybia Company has adopted Vietnam embassy in Egypt to submit the denunciation.
In fact, many business leaders often put heavy emphasis on the business activity, profit, and revenues instead of concentrating more on risk management. Improving risk management process will create a tight and effective control of the Board of Directors, on the other hand will help integrate the risk management process into every daily decision-making process.
Businesses do not improve the risk management process will be faced with a lot of different types of risks: financial losses serious, adverse effects on cash flows and the value of shares, as declining prestige with customers, employees and investors.
Businesses that do not improve the risk management process will have to face with a lot of different types of risks: serious financial losses, adversely affecting cash flows and the value of shares, decreasing prestige with customers, employees and investors.
In the period of global crisis had been predicted that almost bottomed out and started to show signs of recovery, although the recovery process can occur with different speed and characteristics depending on sector and location of the business, the fully preparation of business in all aspects including process and risk management strategy could helps business not falling into the passive and also have more possibilities to take advantage of growth opportunities after the recession.
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.  
We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn




Thứ Hai, 29 tháng 8, 2016

Foreign Specialists Interested in Vietnam

Vietnam is attracting foreign specialists to visit, live and work as expatriates due to stable political, improved environment for doing business.
As such, Vietnam has becoming an attractive destination for setting up businessand factory in comparison with other countries in the region due to the capability to attract managements and talents.

Vietnam topped the list as the country bringing high income for foreign professionals with 67% said that their income has increased and 68% of them have capable of increasing accumulation. The study was published by HSBC in the foreign expert research which was newly implemented.
Accordingly, foreign professionals living in Asia Pacific was the highest paid people in the world with an average annual income of 126,537 USD.
The report also shows that Asia Pacific is the workplace of 18% foreign experts with salary exceeding 200,000 USD a year, the highest rate in the region, followed by the Middle East with 16%.
Living in Vietnam: Earning more money and good accumulation
In Asia in general, Vietnam, China, Hong Kong, Malaysia and Singapore bring the highest accumulation to foreign experts, thus making their disposable incomes rise.
In particular, Vietnam topped the list with 67% of professionals working here saw their incomes rise and 68% have increasing accumulation. In particular, 16% of experts said that they potentially own more real estate by the rotation.
However, according to HSBC then Vietnam topped the area in terms of potential savings of foreign experts.
For younger professionals, a few Asian markets provide opportunities for better accommodation. More than half of professionals under 35 years old in Indonesia (55%) and India (52%) spend less on accommodation than when they stay in their own country.
The report also shows that Asia Pacific has the ability to create easiest financial base for professionals with high incomes, with 73% (of all income levels) said that they can establish easiest finance in New Zealand, followed by Singapore (63%) and Australia (56%).
Justin Bull from HSBC in Hong Kong said that Asia given the best opportunities for financing, allowing foreign experts to improve living standards and achieve desired lifestyle. The majority of the experts here are British and American. According to the survey, an important part of Asian experts changing local for income increasing like Australian experts working in China and Vietnam; Indian professionals working in Malaysia and Indonesia; Filipino professionals working in Malaysia and the Malaysian and Indonesian professionals working in Singapore.
There will be high-quality workforce shifting
When ASEAN is closer to the establishment of an economic community, the demand for skilled manpower will be increased to be able to enhance the competitiveness of the sector.
With the fact that ASEAN will increase 57 million new households belonging to the middle class to the global markets as of 2025, HSBC said that experts will continue to contribute in the field of telecommunication, technology, banking, education, hospitality, health, marketing and construction…
In addition, the new agreements on trade and investment, connecting economies with each other will unfreeze international vacancies between Asia and developingmarkets. This will be a potential world for skilled professionals and skilled labor.
The ability to save more, the higher disposable income or the ability to buy realestate is important factors for experts to consider switching to a new country.
Feel “Breathe easy” when living in Vietnam
Vietnam ranked 21st in the economic ranking, but ranked 5th when talking about the saving ability of foreign experts.
According to the survey from HSBC. Most of foreign experts believe that Vietnam had a more comfortable life with less spending on housing costs (62%), travel (73%), clothing (68%), goods and necessities (62%), essential services like electricity, water, telephone (70%) and bills (77%).
Thus, experts are likely to save more (68%) while living in Vietnam.
More than half of the foreign experts (62%) said that in Vietnam they can afford to hire a maid and nanny, something that they cannot afford while living at home country, and can enjoy the luxury vacation (52%), compared with only 28% and 36% of global experts.
The survey from HSBC also showed that Vietnam ranked 22nd in the ranking on experience, but 2nd in the ability to make friends. More than half of the foreign experts (56%) find that they integrate quickly into life and culture of Vietnam, and the majority of foreign experts find it easy to make new friends in Vietnam (68%).
Stabilize the life in Vietnam is relatively easy, with 36% of the experts feel like home once or within six months after moving to Vietnam. Most of foreign experts also enjoy integrated into in Vietnam (61%), enjoy and cook Vietnamese foods (78%).
Vietnam ranked 31st in the ranking about family. Almost half of the foreign experts (43%) said that the cost of child care in Vietnam is less expensive than at home country, and most of foreign experts (74%) send their children to the international school.
Vietnam is developing very fast and owns a dynamic business environment. This is an attractive destination for entrepreneurs seeking start-up opportunity and new business projects.
As an emerging market, Vietnam brings foreign experts many challenges and chances to develop career. With significant attractions in terms of tourism, culture and people, Vietnam also brings foreign experts wonderful experiences along with ease of integration and stabilizes the life in Vietnam.
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. 
We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn






Thứ Sáu, 26 tháng 8, 2016

M&A Vietnam – “Hot” Investment Channel

In recent years, foreign investors spent approximately 3 billion USD to buy shares in more than 3,000 enterprises in Vietnam, in which most of them purchased over 50% of the shares. It indicates that investment trends through the model of merger and acquisition (M&A) are booming strongly in the market.



According to the report from the Foreign Investment Department under the Ministry of Planning and Investment, from July 1st 2015 to July 1st 2016, there were 3,141 companies in Vietnam are acquired by foreign investors in the form of buying shares. The total value of those deals is 2,948 billion USD. This is the first time the Foreign Investment Department showed the statistics on foreign investment flows into Vietnam through M&A activities. It shows that the trend of investment into Vietnam through M&A is increasing greatly.

As reported by the IMAA, a foreign research institute on M&A, the total value of M&A in Vietnam in 2015 reached 4.3 billion USD, 40% higher than in 2014 and surpassing the record level of 4.2 billion USD in 2012. It is expected that the value of M&A deals in Vietnam in 2016 is likely to break the record of 2015 and reached 6 billion USD.

Many analysts are predicting that the food, logistics, retail and real estate industries will still be targeted by foreign investors. The main reason is that the potential of Vietnamese consumers is growing due to young population and growing economy.

Among more than 3,000 M&A deals that are statistically by Foreign Investment Department, there were 1,894 deals valued at 1.8 billion USD that are invested by foreign investors to hold dominant share of over 50% . It means more than half of M&A deals in the past year are made with long-term investment objectives.
There has been more active involvement of the Private Equity fund (PE). Previously, if the PE funds often take part in the purchase of shares which is not dominant, but now, the PE fund is ready to invest at a higher percentage to increase profit and reduce competition. In addition, the increase in ownership percentage will also help to increase the PE funds’ intervention in business activities of enterprises to create surplus value.

When the inflow of foreign investment into Vietnam through M&A increases, it will create opportunities for domestic enterprises to mobilize capital, improve enterprise management skills and competitiveness. One of the examples is the case that Vietnam Airlines sold 8.8% of shares to ANA Holding, the largest airline corporation in Japan.

In fact, many other businesses also consider M&A as an effective channel for capital mobilization. Therefore, after the Vietnam Government allowed to increase the percentage of capital held by foreign investors at the company listing on the stock market to 100%, many companies have decided to open “room” to welcome this new capital flows. Many examples are Hoang Quan Real Estate Company, Thu Duc Housing, An Phat Plastic and TNG Garment. Even Vinamilk, one of the most successful dairy enterprises in Vietnam, also have to think about loosening “room” to 100% to attract foreign investment through M&A activities.

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. 

We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn




Thứ Tư, 17 tháng 8, 2016

Vietnam Aviation Outlook in 2016

Vietnamaviation market is growing fast with fierce competition. Although the growth rate reaches 20% in the first quarter of 2016, the airport infrastructure systems are not fully meet the demand.

Currently Vietnam Airlines (VNA) is at the last stage of the equitization process. Therefore, when the largest airline company of Vietnam finishes their equitization process, the majority of enterprises in this industry are joint stock companies.
Currently, Vietnam aviation industry has 137 aircraft teams with very young age (less than 6 years old) and the aircraft team is forecasted to increase rapidly in the coming time.
Domestic aviation market is increasingly fierce competition as VietJet Air has 31 aircrafts and VNA has 88 aircrafts, which are mainly serve domestic flights. However, while VietJet already accounts for 37% of the market, the market share of VNA fell below 50%. Accordingly, the competition in the domestic market is very fierce.
Furthermore, there are 53 foreign airlines joined with 3 domestic airlines. Accordingly, there are 48 domestic fly routes and 98 international fly routes, which are growing very fast with growth rate of more than 20% in the first quarter of 2016. Particularly Tan Son Nhat Airport has the strongest growth when accounting for 50% of market share.
The strong development of the aircraft teams have been identified as a huge pressure on the existing airport system. In a recent report on flight congestion, in the Lunar New Year period when travel demand increases, the congestion was limited. However, after the Lunar New Year period until now, the situation of delayed, canceled flights and congestion at the airport occurred more often due to unfavorable weather conditions.
Currently, Tan Son Nhat International Airport is under pressure to increase the load until the Long Thanh Airport goes into operation, which is expected until 2025. Moreover, the Department of Civil Aviation has set the direction and submitted to the Government by trying to bring Tan Son Nhat Airport to the design capacity of 40 million passengers/year, while relocating the whole military flight operations out of this airport.
In addition, other key projects are also being carried out according to plan. Among them, Da Nang Airport could be put into service for the Apec Conference in 2017; Cat Bi Airport is trying to put into operation before March 13th and Cam Ranh Airport is still deploying the construction of the 2nd runway.
For airports in the northwest area, currently there are many investors interested in the Lao Cai Airport project in the form of socialization. Lai Chau Airport is proposing to the Department of Defense to switch to civil airport; Na San Airport would like to retain the airport by the budget of the Ministry of Defense; Dien Bien Airport will organize study to rotate the shaft.
To overcome the congestion, delayed or canceled flights, the operating capability at airports and the training of air traffic control have been enhanced. At the same time, the Department of Civil Aviation has begun to send officials to pilot school in order to save the State budget for the rental of flight inspection as well as enhanced flight safety.
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. We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn



Thứ Hai, 15 tháng 8, 2016

Tourism Industry in Vietnam

The tourism industry is regarded as an smokeless industry, holds an important position in the global economy and Vietnam is not an exception.  As a new destination with natural resources and many foreign investment hotels and resorts, Vietnam tourism industry has developed rapidly in the past decade and has the potential to develop further in the coming time.

1. Tourism – impressive numbers
In 2015, Vietnam tourism industry has made remarkable achievements in terms of revenue, number of passengers and the improvement of infrastructure systems. Particularly, the country has received more than 7.94 million international passengers and served 57 million domestic tourists; the whole industry reached 402.66 trillion VND revenue, and has 18,800 accommodation places with 355,000 chambers.
According to the General Statistics Office, total industry revenue reached 402.66 trillion, contributing 9.6% to GDP and increased 5.75% compared to 2014. In particular, revenue from accommodation F&B services reached 372.24 thousand billion VND and revenues from travel services reached 30.41 trillion VND.
Vietnam tourism industry has consistently recorded growth of tourists, both domestic and international from 2010 to 2015. According to the General Department of Tourism, Private 2015, the country has received more than 7.94 million international visitors and serve 57 million domestic tourists, increased 48.1% and 0.9% respectively compared to 2014.
In terms of foreign tourists, the number of tourists coming from Northeast Asia region accounted for the highest proportion of international visitors to Vietnam. There are 1,781 thousand Chinese tourists travelling to Vietnam, accounting for 22.4% of international passengers to Vietnam in 2015; followed by South Korea (1,113 thousand passengers, representing 14.0%) and Japan (671 thousand passengers, accounting for 8.5%).
Vietnam Tourism 2015 also achieved positive outcome in the development of luxury infrastructure systems. According to the General Department of Tourism, in the end of 2015, there were 18,800 accommodation places with 355,000 chamber; of which the number of hotel 3-5 star hotels reached 747, increased 16.7% compared to 640 3-5 star hotels of 2014. In particular, there are 441 of 3-star hotel with 30.734 suites, 215 of 4-star hotel with 27.379 91 suites of 24.212 suites of 5 star hotel with suites.
HCMC – economic center and Hanoi – the capital are destinations which were highly selected by the tourists, especially for international tourists. By the end of 2015, HCMC has received 4.7 million international passengers, 19.3 million domestic visitors while Hanoi has served 3.4 million international tourists and 16.4 million domestic tourists.
2.Opportunities
The participation in TPP and AEC has brought Vietnam huge opportunities. Firstly, lessening legal conditions of investment and freedom of labor movement between the 12 countries help to increase demand for travel as investment opportunities, jobs combined with tourism; as well as density, size and type of international tourists such as combination of business travel – meetings (MICE)
Secondly, all the trade agreements has created favorable conditions for tourism industry to develop. The international visitors have the privileges to make procedures faster with affordable price by temporary commitments of business visitors under TPP agreement
Finally, 5/12 of TPP countries are on the top of ecologically diverse countries list which lead to the need of tightening the requirements on hygiene and environmental factors… Therefore, all of these factors and infrastructure will be improved as the implementation of commitments in the TPP. This promotes sustainability for tourism industry.
3.Challenges
According to the many agencies the tourism industry has been facing many challenges.
As outdated infrastructure, lack of integrity leads to the fact that the accessibility of tourist destinations is limited, particularly mountainous areas. Lack of uniqueness, innovation in tourism products is also an issue that has not been able to be handled in Vietnam
In addition, there has been missing human resources to serve in the industry. Tourism activity still strongly depends on season, the quality of service during peak period is not guaranteed.
Besides, the budget for tourism promotion is still limited, particularly compare with other countries in the region; funding comes from mainly state budget. The promotional activities has not built professionally, promoting only image is not enough to attract tourists. Promotion only should focus on building brand and unique products. The budget for scientific research and application of science and technology in tourism industry is still limited.
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.  Our services are as following:
We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn



Thứ Năm, 11 tháng 8, 2016

Reasons That Phu Quoc Island Attracts Major Investors

Natural beauty of Phu Quoc, the policy mechanisms and long-term orientation are reasons why this island attracts many major investors.

2015 is considered to be a difficult year for the tourism industry as the number of tourists coming to Vietnam decreased compared to the previous year and also the first year that the number of tourists coming to Vietnam decreased since 2009. However, in the general context, there is an island in Vietnam goes upstream as seen in the number of tourists increased by 30%. That’s Phu Quoc Island.
Every day, Phu Quoc has 50 coming and going flights. In the first 6 months of 2016, the number of tourists traveling to Phu Quoc has reached 1 million. Within 5 recent years, Phu Quoc Island has attracted large number of investors, in which among them there are almost all of the largest investors in Vietnam in the field of resort tourism.
Phu Quoc Island is known as the jewel in the southwestern sea areas of Vietnam. Phu Quoc Island has 27 large and small islands with the natural area of nearly 600km2, which is nearly equal to the natural area of Singapore. With this location, Phu Quoc is only 2 hours fly to capital cities of ASEAN countries, connecting by sea with the ASEAN countries that have sea, locating on the important maritime transportation and marine tourism axis, which is axis of Singapore – Thailand – Vietnam – Northeast Asian countries.
Phu Quoc Island has a coastline of 150km with beautiful and famous white sandy beaches. Phu Quoc Island has nearly 100 mountains and 36,000 hectares of forests with diverse ecosystems. Forest coverage accounts for over 60% of the area of Phu Quoc.
In particular, although Phu Quoc is island but there are abundant freshwater resources to ensure social and economic development of the island and a rich and unique marine ecosystem. In addition to the natural ecological tourism, Phu Quoc has unique features in terms of social and culture which are the famous pepper, fish sauce and pearl farming production.
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. 
We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn



Thứ Ba, 9 tháng 8, 2016

M&A Activities in Vietnam in Recent Years

Vietnam’s population is more than 90 million people so that foreign investors are looking at Vietnam as a fertile ground to expand their market by M&A deals.

Accordingly, along with the process of restructuring the economy and international integration of Vietnam, in recent years, merger andacquisition (M&A) activities have been fairly active, in which many major transactions involving Thai enterprises.
In 2009, the total value of M&A transactions in Vietnam reached 1 billion USD then in 2015, the number is 5 billion USD. Particularly for the first 6 months of 2016, the value of M&A in Vietnam has exceeded 3 billion USD, in which it took place in such sectors as retail, commodities and real estate…
Thailand, Japan and Singapore are still the major buyers in Vietnam market. While Japan invests in companies in aviation, petroleum and pharmaceutical sectors, Singapore emerges with commercial real estate projects. Lastly, Thailand continues to focus on the retail segment with the goal of expanding the market.
Head of M&A transactions last year is the retail sector and consumer goods, accounting for 38.46% of the total value. In particular, the scale of 2 M&A deals from Thailand accounted for 24.8% of the total value of 2015 and the first half of 2016. This shows the trend that retail businesses at home and abroad continue to explore the market with more than 90 million people of Vietnam. Recently, Thailand’s major corporations continuously acquired large supermarket chains such as Metro, Big C…  Singha has also become a strategic partner of Masan with investment value of 1.1 billion USD.
According to experts, there is a great competition in the business sector of Thailand and Japan when investing in Vietnam because Vietnam market has now fully matured and become more attractive. On the other hand, the market of Thailand and Japan has begun to saturate.
Especially, there is a wave of M&A of Thai investors in Vietnam in order to expand the market for the “Made in Thailand” products. While Thailand’s population is about 50 million, the size of Vietnam’s population is almost double – over 90 million people.
With many innovations in policy such as the Investment Law and the Enterprise Law, the process of international integration will create opportunities and new playing field for the M&A transactions to boom.
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. 
We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn



Thứ Hai, 8 tháng 8, 2016

Vietnam Tourism Industry

Vietnam is a country with abundant and diverse tourism potentials. For Vietnam’s economy, tourism is a key economic sector, plays an important role in the development of the country.

The tourism industry continues to bring potential revenue stream for Vietnam. In the context of the accommodation need is constantly increasing, many new projects will join the market within the next ten years.
According to statistics, the hotel industry in Vietnam has recorded impressive growth in quarter 1 of 2016.
According to the Tourism Authority of Vietnam, Vietnam has welcomed nearly 108,750 Russian tourists in quarter 1 of 2016, increase by 13.5% over the same period last year. Experts said that thanks to the loosen visa policy of the Government, Vietnam is considered as a safer destination for Russian tourists compared to other traditional tourist destinations.
In fact, the hotel industry of Vietnam is just in the early stages of the long developing way. In recent years, Vietnam is considered a leading tourism destination for seasonal tourists and who love exploring cultural values.
Currently, Vietnam is increasingly known as an international tourism destination with favorable climate, rich culinary, beautiful beaches, diverse cultures as well as facilities to meet international standards for foreign tourists.
With the expansion of the international airport, improved infrastructure, better quality hotels and entertainment facilities, Vietnam is gradually becoming a great alternative destination than Thailand and Malaysia.
According to statistics, since January 2016 to May 2016, Vietnam has welcomed nearly 3,248,634 international passengers, increases by 17.8% over the same period last year, with the largest number of visitors coming from China and Korea.
Notably, Quang Binh and Ninh Binh are emerging tourist destinations that recognized increasing visitor arrivals.
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.  Our services are as following:
We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn



Thứ Năm, 4 tháng 8, 2016

Resort Real Estate Segment Flourishes with New Projects

2016 is identified as a good year for the resort real estatesegment with a series of new launching projects to attract the attention of both investors and consumers. In particular, the real estate projects located in the sea area are attractive to consumers who want to own a second home to serve the needs of pleasure. From the end of 2015, there were many resort real estate projects that are introduced to the market.

According to statistics, the sales volume of apartment and villa are very good, with 70-80% of the launched units were ordered. The amount of people interested in the projects and decide to buy is increasing, thanks to the incentive sales policy, profit commitments from investors, support for preferential interest loans from the cooperative banks with the investor and can use the house for free for a certain period.
Many wealthy families share that they would like to own a coastal apartment or villa because the demand for resort tourism is increasing sharply. Moreover, foreign investors see that resort real estate segment in Vietnam is rich in potential with many famous tourist resorts and long beautiful beaches. The loosening policy allows foreigners to buy and own realestate in Vietnam is also a positive move to promote the demand of many investors jumping into this playground although there are still many difficulties in policy implementation
Currently, many domestic enterprises began to invest into theresort real estate segment, which is an inevitable trend of the market. For about 10 recent years, resort real estate has been formed and attracted the attention of investors. Some domestic investors have experienced successfully in other segments also expanded into this segment. Most of the projects are in the luxury and high-end segments such as beach villa. On the other hand, according to experts, if we can build resort real estate products at a reasonable price, the liquidity will be very good.
Vietnam has the potential for tourism therefore resort real estate is a good investment channel. Investing in an area with great potential for tourism and large amount of passenger traffic would have faster payback than the places that tourism does not develop. At the present, Vietnam has a lot of large investors as Vingroup and Sungroup… are capable to invest in large-scale resort projects. At the same time, the market is also attracting a lot of foreign investors with good financial capability and ability to invest quickly.
Currently the coastal cities like Da Nang, Nha Trang and Phu Quoc are 3 hotspots in attracting capital investments in resort real estatesegment. In terms of location, these coastal cities have the potential to attract investors the most because they are also the famous tourist destination that attracting millions of tourists each year.
2016 is the year of resort real estate segment. The projects in this segment stretch from the sea to the mountain and Sapa is a typical example. Many large investors as Vingroup or Sun Group have been implementing major investment projects here.
Only in 2015, Sa Pa tourism has welcomed nearly 2 million passengers, increased by 42.2% compared with 2014. Currently, the number of tourists visiting Sapa is large and has always had a tendency to increase. While the demand for luxury resort services continues to rise, the supply is limited. Hence, this is a good opportunity to develop the resort real estate segment in this dreamy mountain city.
Resort real estate has opportunity to develop rapidly thanks to the development in transport infrastructure such as airport, highway and cable car system… allowing the movement of tourists to be convenient and easy.
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. 
We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn



Thứ Ba, 2 tháng 8, 2016

Coastal Shipping in Vietnam

1.Coastal shipping competition
According Maritime Bureau, in 2015, although business activities of coastal shipping enterprise still had some difficulty, the total output reached 118.7 million tons, increasing 9.5% compared to 2014.

A Deputy Director of Vietnam Maritime Bureau, Mr Bui Thien Thu said that domestic shipping had taken charge of 100% of the domestic demand of coastal shipping. The domestic container ships has increased to 39 ships, a total increase of freight load is 200% from 2013 to 2015. The coastal shipping routes has transported 6.1 million tons of cargo including coal, slag, stone, rock, metal, fertilizers, cement, ore, fuel oil …
In 2015, output of goods in Vietnam’s seaport system continues an impressive growth, estimated at 427.3 million tons, rising 14.6%, in which the container reached 12 million TEUs, rising 15.5% compared to 2014.
According to Deputy Director of Bureau Bui Thien Thu, cargo volumes through Vietnam’s seaport system in 2015 in accordance with the approved plan in Decision No. 1037 of the Prime Minister in 2014 was 410 million tons. Thus, the volume outperformed 4.1% in 2015 compared with the initial plan.
However, the goods have been misallocated between different domestic seaports. To resolve this situation, there is a need to improve connectivity transport infrastructure and supporting services to relocate goods in different seaports, while speeding up the relocation of the port on the Saigon River and Ba Son shipyard.
During the year, Vietnam Maritime Bureau has completed the review and adjustment of detailed planning of port group 1, 2, 3, 4 and 6, thus managing the system more effectively. The Ministry of Transportation approved this plan.
By 2016, the total output of goods through the port system is estimated to reach 470 million tons (increasing 10% compared to 2015), in which each container is expected to reach 13.3 million, increasing 11% TEUs.
2.Vietnam Government published policy on Coastal Shipping, particular container services
In late May 3/2013, the Ministry of Transport has issued Document No. 128 / TB – BGTVT decision to terminate the operation of foreign fleets in terms of container shipping service in domestic routes, consisting of 20 units with a total tonnage of 500,000 DWT.
The foreign ship owners are not able to disapprove this decision since prioritising domestic fleets is compatible with the Law of the customs, as well as commitments to the world Trade Organization (WTO) on the protection of the members.
From 2013 to 2015, the fleets of Vietnam were given good opportunity to win back market share in terms of the domestic container shipping, which used to belong to the foreign shipping companies (with an estimated value of 1,000 billion / year). There are various container shipping companies gaining loyal leads which ground stable roots for domestic fleets.
Also Vietnam Maritime Bureau in collaboration with Ministry of Transport, Vinalines, Vietnam Ship Owners Association and Vietnamese ship owners operating on domestic routes ensure the limitation of congestion at seaport.
Average freight rates of Vietnamese fleet are offering customer around 5.2 million / 20-foot container for the north – south journey. This price is equivalent to the unit price of the foreign shipping company in 2012.
There have been more Vietnamese fleet being able to operate on domestic routes such as Hai Phong and Cai Lan to HCMC, Ba Ria – Vung Tau and vice again.
3.Vietnam regulations establishing who can and who cannot provide coastal shipping services, particular containers.
To ensure sufficient capacity to meet the demand for domestic container market, in addition to 30 domestic container shipping companies, Vietnam Maritime Bureau has also allowed 8 foreign fleets owned by Vietnamese enterprises to operate on domestic routes.
The biggest difficulty for domestic container shipping companies is that market has not completely recovered. Currently the container shipping companies from the South to the North reach approximately 80% of capacity, while the reverse route only reaches 50% capacity.
In long term, this policy has enabled the Vietnamese fleet to gradually recover from difficult period when all the domestic container shipping belonged to foreign companies.
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