Socialist republic of Vietnam to learn from China's experience, in the late eighty s adopted a policy of "innovation, open". According to Vietnam national plan of investment at the chief priests, after 15 years, the existing more than 5300 foreign companies in Vietnam, in 61 provinces and cities, exports reached $53 billion, Vietnam's annual export growth of 25% (including raw materials exports), the foreign capital enterprise exports accounted for 50% of foreign investment enterprises occupied a quarter of the domestic market in Vietnam, the foreign capital enterprise make Vietnam fiscal revenue growth of 3%, foreign-funded enterprises accounted for 14% of national GDP growth, the foreign capital enterprise in ho chi minh city has 60500 jobs, plus 7000 auxiliary labor opportunities, contribution. Vietnam's economic growth of 7.5% a year and prices are stable. Vietnam has a population of 80 million, ranked 14th in the world, has a great potential for consumption, sufficient labor resources, to accept the new technical ability. After innovation and opening, market SKF 6004 Bearing Supplier http://www.ghk-bearings.com/SKF-6004-Deep-Groove-Ball-Bearing-25877.html has gradually been formed. Private enterprises promulgated since 2000, the private sector so far have been more than 65000, an average of about 100 people have a private company (it is said that the United States, Japan, about 15 people there is a small and medium-sized enterprises (smes). The American trade agreement came into effect in 2001, the United States was an important trade market of Vietnam, Vietnam attract foreign capital policy since 1987, countries have to enact laws to protect the legitimate rights and interests of foreign investors, in addition to defense and individual areas, welcome foreign investment; Foreigners can investment house, make processing zones, export processing zones, has a preferential policy; In attracting foreign investment, more attractive in neighboring countries, foreign investment in manufacturing enterprise income tax rate is 20%, 15%, 10% (according to the nature of the product), Vietnam's domestic needed for the foreign capital enterprise can't production material and equipment can be exempted from import duties, foreign exchange can be domestic commercial Banks to deal in Vietnam, foreign companies can get a loan guarantee way. At present China's investment in Vietnam is relatively small.Vietnam bearing market
Vietnam national GDP growth in 2002, 2003 two annual average of 7.5%; Ho chi minh city GDP growth in 2000 was 9.5%, 9.5% in 2001, 10.2% in 2002, estimates up to 11% in 2003. 2000-2003 compared with 1991-1991, private enterprises grew 2.9%, ho chi minh city only has 3.7 private enterprises, and accounted for 45% of the country, foreign companies have ho chi minh city, 1400, a total investment of 12 billion dollars. Foreign enterprises from 27 countries and regions, including industrial (30%), transportation, post and telecommunications (21%), the tertiary industry accounted for 37%, there are some highly successful Chinese companies in Vietnam. Below the $65 million investment projects in ho chi minh city has the right to approve, some of the smaller project two days can be completed approval procedures.
They hope the industry is:
(1) the high-tech projects;
(2) the aquatic products processing projects;
(3) the industrial products, industrial equipment, such as shoes, clothing, etc.;
(4) the basic construction and public transport equipment (including the subway).Vietnam bearing market
According to chamber of commerce in Vietnam, Vietnam seafood export $2 billion a year, fruit and vegetable export foreign exchange earning $1 billion a year, but the aquatic products and fruits and vegetables are lack of packaging and processing equipment, Vietnam precious wood more, also the lack of wood processing equipment. Relatively weak overall manufacturing, machinery and equipment are imported, hope that China can offer high quality for the various processing machinery. Vietnam has a high requirement on the mechanical, recognize brand recognition quality, market competition is intense, but orderly competition, price competition is not necessarily good. Such as when the motorcycle had occupied Vietnam 70% to 80% of the market, the price at $400 - $500 / set, very popular, but because of the quality and maintenance problems, quickly out of the market, now 2.8 million, Hanoi, ho chi minh city more than 100 motorcycle is almost all Japanese goods, the price at $2000-8000. Therefore, the Chinese goods in Vietnam credibility is not high. Hope China food and packaging machinery cannot follow a motorcycle's in Vietnam.Vietnam bearing market
According to China's export development zone of ho chi minh city new hope group co., LTD. Ho chi minh co., LTD., Zhao Zong manager introduction, the company entered the ho chi minh city, 4 years, has now begun to make a profit. They produce feed feed equivalence with the United States, because of good quality and sell or so. He thinks that Chinese enterprises should correct views on Vietnam's eight, otherwise difficult to enter the Vietnam market.Vietnam bearing market