Vietnam Chamber of Commerce and Industry (VCCI) has just released a report on provincial competitiveness of 2018, in which Quang Ninh continues to hold the top position. Dak Nong ranked last for 2 consecutive years.

The PCI 2018 report is based on feedback from 12,000 businesses including nearly 11,000 private enterprises operating in 63 provinces and cities and over 1,500 businesses with FDI operating in 20 regions Vietnam. Leading the PCI ranking 2018 is Quang Ninh with 70.36/100 points (down slightly compared with 70.69 in 2017). Next is Dong Thap with 70.19 points, up 1 rank compared to the previous year. Long An and Ben Tre ranked 3rd and 4th with 68.09 and 66.67 points, both increased by 1 rank.

A stunning view of Halong Bay in the northern province of Quang Ninh. The province has made various improvements, especially in administrative procedures, paperwork and land procedures – PHOTO: QUANG NINH NEWSPAPER

Meanwhile, Da Nang dropped from the 2nd position in 2017 with 70,11 points to the 5th position with 67.65 points.

Binh Duong, Quang Nam, Vinh Long, Hanoi and Ho Chi Minh City are also ranked among the top 10 provinces and cities. Localities in the high ranking group are Can Tho, Lao Cai, Vinh Phuc, Tay Ninh, Bac Ninh, Hai Phong, Khanh Hoa …

The PCI 2018 survey shows that some fields of the business environment have changed more positively than that of 2017. Informal costs continue to be reduced, the business environment for private enterprises tends to more fair and administrative reforms are clearly changing.

However, the finding also shows that businesses expect the authorities to boost the transparency of the business environment, increase the quality of labor training, improve business support services and create more favorable conditions in the implementation of procedures to register business license, especially procedures for land, tax and social insurance …

In addition, it also points out that businesses are optimistic about relatively high level of business prospects in the coming time. 49% of private enterprises and 56% of FDI enterprises said that they would expand business in the next 2 years.

Despite that fact, the research shows there are signs of the increase in number of businesses struggling to operate. These businesses are recorded in small and super small private groups. Therefore, the role of the authorities is becoming more important than ever.

Source: CafeF

Thanks to favourable location and commitment to support from Ha Nam provincial authority, Dong Van IV industrial zone has successfully attracted a lot of investors in recent time. Especially, in the first quarter of 2019, the industrial zone added 3 new enterprises with a total land area for rent up to 20ha.

Developed by Viglacera Corporation – JSC, Dong Van IV industrial zone (600ha) started the construction from November, 2016. After 3 years of operation, the industrial zone has been the destination of many big domestic and foreign brands such as Anam Electronics, Vikohasan, Masan.

Dong Van IV industrial zone is located on highway 38, 50 km from Hanoi (40 minutes), 114 km from Hai Phong port (90 minutes) when travelling through Hanoi – Hai Phong expressway. Viglacera has been investing to build a synchronous and adequate system of technical infrastructure and services, such as: 110/22kV power system, 2×40 MVA capacity, water plant with a capacity of 12,000m3 per day and night, waste water treatment plant with a capacity of 8.600m3 per day. Besides, enterprises in industrial parks have been favored with 10 commitments for foreign investors from Ha Nam province’s authority, making the operation more convenient. Owning these competitive advantages, Dong Van IV Industrial zone has received great attention from investors, and been the ideal choice for manufacturing.

Image of IV Dong Van Industrial zone, Ha Nam province

In the first quarter of 2019, Kortek Corporation (Korea) – the world’s leading manufacturer of screen products signed a land lease contract in Dong Van IV Industrial Park. After that, Komelon Corporation (Korea) became the next investor in the Industrial Park with the purpose of building a factory manufacturing electric equipment. At the same time, Risun Vietnam Co., Ltd. specializing in providing Bluetooth headset equipment, telecommunications equipment and so on which is already operating a factory in Vietnam, decided to expand by renting more land in Dong Van IV Industrial Park.

Currently, Dong Van IV Industrial Zone has been filled with enterprises which are of complete construction and go into operation. Viglacera investor is actively promoting clean land activity to fulfill the needs and desires of investors.

For further information, please contact: Viglacera Real Estate Company – Phone: (+84) 888 25 22 88 | Website: https://viglaceraip.com

The EU-Vietnam Free Trade Agreement (EVFTA) is expected to be approved in the coming time, possibly before the European Parliamentary election in late May this year.

Minister Nguyen Chi Dung spoke at the Liebesmahl event. Photo: Pham Thang – Correspondent of VNA in Germany

In the framework of the working visit to Federal Republic of Germany at the invitation of German Minister of Economy and Energy Peter Altmaier, on the evening of March 15 (local time) Minister of Planning and Investment Nguyen Chi Dung attended and had a speech at the Liebesmahl event organized by the German Business Association (OAV) in Asia –Pacific in Hamburg City Hall.

Liebesmahl is an annual event that attracts about 300 distinguished guests, mainly representatives of German enterprises doing business in the Asia-Pacific region, politicians and ambassadors in regions.

In addition to the presence of German Minister of Economy and Energy, Peter Altmaier and Vietnam Minister of Investment and Planning, Nguyen Chi Dung, this 99th Liebesmahl event also had the participation of Hamburg Mayor Peter Tschentscher, President of OAV Hans- Georg Frey, Vietnamese Ambassador to Germany Nguyen Minh Vu …

Speaking at the Liebesmahl event, Minister Nguyen Chi Dung affirmed that the strategic partnership between Vietnam and Germany was entering a new stage of development and appreciated the support of Germany for Vietnam during the last time as well as the role of German enterprises in Vietnam’s economic development and construction process.

Minister Nguyen Chi Dung also expressed his wish that German enterprises would continue to invest more in Vietnam, especially in areas where Germany is widely well – known and in which Vietnam has needs such as machinery production, finance, insurance, renewable energy and human resource training …

To further facilitate the economic cooperation relations between Vietnam and Germany in particular and Vietnam and the European Union (EU) in general, Minister Nguyen Chi Dung called on politicians and German businessmen to promote the signing and approval of EVFTA as soon as possible.

For his part, German Minister of Economy and Energy Peter Altmaier said that the content of the agreement was now being urgently translated into the language of EU members and the agreement was expected to be approved in coming time, possibly before the time of the European Parliament election in late May this year.

Also under the agenda of the working visit to Germany, Minister Nguyen Chi Dung had a meeting with representatives of German and Vietnamese enterprises and discussed with representatives of some German businesses in the fields of insurance, aviation, clean water, or potentials to invest and do business in Vietnam.

Source: baodautu.vn

On February 20th, 2019, Viglacera Real Estate Trading Company successfully organized the Labor Conference 2019. The conference was attended by Mr. Luyen Cong Minh – Chairman of the Administrative Council, Mr. Nguyen Anh Tuan – General Director, Mr. Nguyen Quy Tuan – Chairman of Trade Union, members of the Administrative Council, Deputy General Director of the Corporation, leaders of related units and all officials and employees in the company.

Working in the principle of democratic centralism and making decisions by majority, the Conference was given chance to participants to listen to such reports as: Business and Production Performance in 2018 and orientations for 2019; the implementation of collective labor agreement; feedbacks on the draft of the 2019’s collective labor agreement; performance of the People’s Inspection Board in 2018… in the first session.

Mrs. Nguyen Thi Thu Huong – Chairman of Trade Union of the Company reported on the implementation of the 2018 Collective Labor Agreement and related issues.

Mr. Nguyen Quy Tuan – Member of the Board, Chairman of Trade Union expressed his appreciation for the work of taking care of workers’ lives of Viglacera Real Estate Company

At the same time, in Conference, a new Collective Labor Agreement which will take effect from 2019 to 2022 has been adopted. Accordingly, the Company considered and increased the benefits and allowances in order to ensure the best interests for employees, helping them feel secure to work and dedicate to the company.

The conference agreed to adopt a new Collective Labor Agreement (effective from 2019 – 2022)

In 2018, Viglacera Real Estate Trading Company basically completed the production and business plan, reaching 6/8 targets. In particular, the profit before tax reached 137% of the year plan, equivalent to 139% compared to the same period of 2017.

Mr. Tran Ngoc Anh – Director of the Company reported the results of implementing business tasks in 2018, directions and tasks in 2019

In the second session, representatives of departments made presentations and proposed solutions for industrial park sales, solutions to improve housing business efficiency to complete business and production plans in 2019 and had chance to listen and share employees’ wish. In 2019, all employees of Viglacera Real Estate Business Company will strive to achieve the target of 2 times higher than the plan assigned by the Corporation.

The leaders of the Corporation listened to the discussion about sales solutions of the business divisions

Attending the conference, General Director Nguyen Anh Tuan requested the Real Estate Trading Company to work closely with the relevant units in the Real Estate Board to build a management and operation system effectively. In addition, the business department also needs to regularly survey, researches the market and shares lessons to other units to implement and enhance the Viglacera brand level, comparable to other multinational corporations in the region and in the world. The General Director reminded the departments to stay focused and keep working, although the business plan was completed in 2018. It is necessary to maintain the working spirit and even promote more in 2019, striving to achieve revenue of more than VND 2,000 billion, making significant achievements to celebrate the 45th anniversary of the establishment of Viglacera Corporation – JSC.

The conference was successfully held with 100% delegates unanimously approving the Conference Resolution.