New Airport in Ha Long Bay, Vietnam, Set to Open in Spring of 2018

Vietnam government authorities have announced that an international airport near Ha Long Bay will open in March 2018 according to the officials and reports of Ha Noi Moi Newspaper.

The airport will be the first private airport facility in Vietnam.  It will be located on Van Don Island approximately 50 kilometers from Ha Long Bay and will have a capacity of handling two million passengers a year.

The airport is reputed to cost $30 million and was built to support a $2 billion casino complex located on the island.

Vietnam Still the Hot Spot in Asean:  Foreign Investment in Vietnam Jumps 52% in 2017 

Viet Nam attracted US$21.93 billion in foreign direct investment (FDI) during the first seven months of this year, an increase of 52 per cent year-on-year, according to the latest Foreign Investment Agency statistics reported by the Vietnam News Service.

Of the nearly 24 billion dollar total, $12.92 billion came from 1,378 newly-licensed projects.  This is a yearly increase of 48.7 per cent.  An additional 677 already-operating projects have requested to top-up their capital by more than $5.87 billion which is a further 38.5 per cent year-on-year.

Foreign investors made 2,946 deals in contributing capital to businesses and buying shares of Vietnamese businesses with total value of $3.12 billion.  This figured rocketed by 109.7 per cent compared with the same period in 2016.

Exports of foreign-invested enterprises (excluding crude oil) were also strongly higher totaling near $83.05 billion, up 20.3 per cent over last year.  The foreign-invested segment   accounted for 72 per cent of the country’s total export turnover.

Imports by foreign-invested enterprises reached $71.35 billion, up 28.1 per cent and accounting for 60.3 per cent of the total import turnover of the country.

Manufacturing and processing industries continued to be the top sector, receiving $10.83 billion of FDI, nearly 50% of the total registered FDI.  This was followed by the electricity production and distribution sector, with total investment capital of $5.25 billion, accounting for 23.98 per cent of the total FDI. From there the totals fall off dramatically, with the mining sector in third place, with $1.28 billion, or 5.86 per cent of the total FDI.

South Korea continued leading the pack in terms of investors

with $5.62 billion.  This was 25.63 per cent of the FDI pledged to the country. Japan was close behind  with $5.46 billion, or 24.92 per cent of the FDI. Singapore a much smaller economy was in third place with $3.8 billion, accounting for 17.3 per cent of the total FDI.

Northern provinces were the larger recipients of this FDI although much of this was represented by large projects which tend to go to the North as the central government is often willing to be more generous in its terms for Northern projects to help balance the South’s more commercial investment environment.

Binh Dinh Province, Vietnam

Provincial leaders headed by People’s Committee Chairman of the People’s Committee Ho Quoc Dung and Standing Vice Chairman Phan Cao Thang and leaders of relevant departments and localities on July 19 met in Binh Dinh with a delegation of Becamex IDC led by its Deputy General Director Pham Ngoc Thuan and including international marketing experts from the US, Canada, Europe, Japan, Korea, Taiwan, Thailand and Greater China to seek investment opportunities in Binh Dinh.

Binh Dinh, Vietnam

Binh Dinh, Vietnam

binh dinh, vietnam

binh dinh, vietnam

The Chairman of Binh Dinh provincial People’ Committee Ho Quoc Dung takes a photo with a portion of Becamex IDC delegation.(the others meeting with Binh Dinh Authorities).

Binh Dinh is a costal province in the South Central area of Vietnam.  It is 1,065 km south of Hanoi and 686 km north of Ho Chi Minh City.  With an area of 6,025 square kilometers and a population of 1.5 million with more than 55% being within working age, Binh Dinh has its capital at Qui Nhon.

The province has good infrastructure with national roads 1A, 1D, 19 and many provincial and local routes.  Qui Nhon has a large port that handles ships up to 70,000 tons, a long stretch of the national railway and Phu Cat International airport which should soon have flights to Korea and later possibly to Thailand.  Additional airlines serving Phu Cat airport include Vietnam Airlines, Viet Jet, and Jetstar Pacific Airline.

Qui Nhon Deep water port

Qui Nhon Deep water port

Quy Nhon port

The province has Quy Nhon Multi-Disciplinary University with more than 15,000 students and Quang Trung Private University plus the International Center for Interdisciplinary Scientific Meeting, Binh Dinh College, Quy Nhon Vocational Training College, the Central Region Vocational College, the Medical College and several vocational training schools and education centers.  The province economy is 37% industry, 26% agriculture and 36% services.  Major exports are wooden furniture, wood chips, agriculture and forestry products, seafood and aquaculture products, mineral products (granite and titanium), consumer goods (garments and footwear), pharmaceutical products, handicrafts and fine art products.

At present, there are five industrial zones in Binh Dinh which include Phu Tai, Long My and Nhon Hoa IZs which are fully occupied.  Nhon Hoa IZ is almost full and Binh Nghi , Hoa Hoi and Cat Trinh IZs are calling for investment.

At the meeting, the Chairman briefed the group on the province’s socio-economic situation and investment incentive policies and the provinces investment attractions results to the current point.  He said the Prime Minister has decided to add the industrial complex, trade and services in Canh Vinh commune, Van Canh district with a total land area of 2,308 hectares in Nhon Hoi Economic Zone, bringing total area up

to about 14,308 hectares which will enjoy the highest preferential policies of the State for investors when investing there. He additionally reported the province is focusing on speeding up the construction of traffic infrastructure linking the road from Van Canh to Quy Nhon to create a very convenient transport network in the circulation of goods from Becamex industrial park to be located there to Quy Nhon International Port.

infrastructure to Qui Nhon

Chairman Ho Quoc Dung noted his appreciation of Becamex visit and was impressed with Becamex international marketing team which included two or more members from most of the major countries of interest to Binh Dinh.  Through July, 2017 Binh Dinh has attracted nearly 50 investment projects.  These include 40 domestic projects and seven foreign projects with a total investment capital of US$514 million.  The investors discussed issues such as land, natural resource, environment, transportation infrastructure, labor resource, port and airport facilities and the tax incentive policy.  He concluded that he and provincial officials were all committed to creating the most favorable conditions to accelerate the project of Becamex Industrial Park – Urban and Service in Binh Dinh and will always support and nurture investors doing business in Binh Dinh.

Becamex has long been in discussions with Binh Dinh authorities and in 2016 Becamex created Binh Dinh Industrial, Urban and Service Zone invested by Becamex Corporation (Becamex IDC Corporation) with a loaction at Canh Vinh commune, Van Canh district, Binh Dinh province.  This zone has an area of approximately 2,308 hectares and implementation is divided into two phases as follows:

Phase I : Commenced in 2016, in an area of about 1,425 hectares: including an industrial area of 1,000 hectares, an urban area of 425 hectares and an estimated investment of approximately 5,000 billion VND.

Phase II : Expected to be implemented in 2018, covering an area of approximately 883 hectares, including commercial land, services, land for resettlement, health, education, public parks and greenery. Estimated investment: 4,000 billion VND.

2. Development Objective as set out in the plan include the following:

– To build Becamex-Binh Dinh Industrial, Urban and Service Zone into a comprehensive center for industrial, urban and service development in a dynamic and efficient manner with a favorable and feasible investment environment. Create high competitiveness in the region, acting as a driving force for economic development – and betterment of society of Binh Dinh province.

– To make optimal use of the natural conditions and geographic location for the construction of Becamex Industrial Park, Urban and Service Zone, which connects Nhon Hoi EZ to become a hub for trade and transit of goods and commercial services to the South Central Coast and the Central Highlands, effectively connecting with neighboring international markets.

– By 2020, Becamex – Binh Dinh Industrial, Urban and Service Zone will have a modern and synchronous infrastructure (technical and social) in association with environmental protection, sustainable development and cluster formation. This will facilitate  close associate with Nhon Hoi Economic Zone and other industrial parks and economic zones of Binh Dinh province (Quy Nhon city, An Nhon provincial town, Quy Nhon seaport) and neighboring provinces.

– To build a comprehensive urban, commercial and service area and promote the development of regional infrastructure and raise the quality of life of local people.

3. Socio-economic advantages and benefits

Becamex Industrial, Urban and Service Zone is located along National Highway 19C and North-South Highway Plan; 1 km from National Highway 1A, 12 km from Dieu Tri Railway Station; The international port Quy Nhon is 20 km; From Phu Cat airport: 35 Km. It is very convenient for Becamex Industrial Park, Urban and Service Zone to associate with Nhon Hoi Economic Zone to become a hub for trade, transit of goods, services, trade and urban development. It will help expand the exchange of socio-economic development with other regions in the province and in the country and in the world.

Becamex IDC is a well-known investor and has invested in a number of industrial parks in Binh Duong and Binh Phuoc provinces.  Becamex is also the majority shareholder in collaboration with minority shareholder Sembcorp Group (Singgapore) in a number of VSIP industrial, urban and service projects in Bac Ninh, Hai Phong, Quang Ngai, Nghe An and Hai Duong and Binh Duong provinces. The success of Becamex IDC’s industrial, urban and service projects has confirmed the investors’ capacity, financial strength, development experience and customer service systems.

The project will contribute to promoting the socio-economic development of Binh Dinh in general as well as the development of Nhon Hoi EZ in particular:

– The Becamex development  is expected to attract more than 200 secondary investment projects in the industrial zone with investment capital of 4-5 billion USD, focusing on the following sectors: garment, food, wood industry, fine art stone , animal feed, seafood processing, low polluting technologies …, operating in the fields of high technology and environmentally friendly industries.  At the same time, it will develop a quality urban area, trade in services, with a modern synchronous infrastructure and a full range of utilities and services including schools, hospitals and commercial centers.

– It is expected to create jobs for about 100,000 laborers, of which the number of laborers working in the industrial zone is 70,000 and in the urban area is 30,000.

Qui Nhon

Qui Nhon beach

Qui Nhon

Qui Nhon


About the Author:  

Christopher W. Runckel, a former senior US diplomat who served in many counties in Asia, is a graduate of the University of Oregon and Lewis and Clark Law School. He served as Deputy General Counsel of President Gerald Ford’s Presidential Clemency Board. Mr. Runckel is the principal and founder of Runckel & Associates, a Portland, Oregon based consulting company that assists businesses expand business opportunities in Asia. (www.business-in-asia.com)

Until April of 1999, Mr. Runckel was Minister-Counselor of the US Embassy in Beijing, China. Mr. Runckel lived and worked in Thailand for over six years. He was the first permanently assigned U.S. diplomat to return to Vietnam after the Vietnam War. In 1997, Mr. Runckel was awarded the U.S. Department of States highest award for service, the Distinguished Honor Award, for his contribution to improving U.S.-Vietnam relations.

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Quang Tri Province, Vietnam

Becamex Deputy CEO Pham Ngoc Thuan and an international group of marketing and investment professionals from the US, Canada, Europe, Japan, Korea, Taiwan, Greater China and Thailand visited Dong Ho City in Quang Tri Province in late July 2017.  The group met with provincial authorities led by Nguyen Duc Chinh, Chairman of Quang Tri province.  Becamex was asked to help support the economic development of Quang Tri in light of its successful work in Binh Duong and elsewhere.

quangtri, vietnam

quangtri, Vietnam

quangtri, Vietnam

Quang Tri is located on the main traffic axis for Vietnam – Highway 1A, Ho Chi Minh Road, Highway 9 and is the Eastern most point on the East West Economic Corridor which over 1,450 kilometer long links Myanmar, Thailand, Laos and Vietnam.  It is also served by the North-South railway and Cua Viet port which has capacity of receiving vessels of 5,000 DWT.  The nearest major airport is in Hue, about 80 kilometers to the South.  Danang airport is about 150 kilometers also to the South.

quangtri, Vietnam

The province is 4,737 square kilometers and has a population of over 600,000 of which 43.5% are of working age.  The rate of skilled workers is 32.8%.  At present the breakdown of the economy is 40.5% industry, 41% services and 18.5 percent in agriculture.  The province has a branch of Hue University, 2 colleges, 4 vocational schools  and several general vocational centers.

Major agricultural products produced in the province include rice, coffee, rubber, pepper, timber and resin.  Quang Tri has approximately 75 kilometers of coastline and is a major source of seafood and aquaculture products.    Mineral deposits include limestone, gold, titanium and natural gas.

Quang Tri has much potential for further economic development especially by exploiting the links over the East West Economic Corridor to Laos, Thailand and Myanmar.


About the Author:

Christopher W. Runckel, a former senior US diplomat who served in many counties in Asia, is a graduate of the University of Oregon and Lewis and Clark Law School. He served as Deputy General Counsel of President Gerald Ford’s Presidential Clemency Board. Mr. Runckel is the principal and founder of Runckel & Associates, a Portland, Oregon based consulting company that assists businesses expand business opportunities in Asia. (www.business-in-asia.com)

Until April of 1999, Mr. Runckel was Minister-Counselor of the US Embassy in Beijing, China. Mr. Runckel lived and worked in Thailand for over six years. He was the first permanently assigned U.S. diplomat to return to Vietnam after the Vietnam War. In 1997, Mr. Runckel was awarded the U.S. Department of States highest award for service, the Distinguished Honor Award, for his contribution to improving U.S.-Vietnam relations.

About the Author:  

Christopher W. Runckel, a former senior US diplomat who served in many counties in Asia, is a graduate of the University of Oregon and Lewis and Clark Law School. He served as Deputy General Counsel of President Gerald Ford’s Presidential Clemency Board. Mr. Runckel is the principal and founder of Runckel & Associates, a Portland, Oregon based consulting company that assists businesses expand business opportunities in Asia. (www.business-in-asia.com)

Until April of 1999, Mr. Runckel was Minister-Counselor of the US Embassy in Beijing, China. Mr. Runckel lived and worked in Thailand for over six years. He was the first permanently assigned U.S. diplomat to return to Vietnam after the Vietnam War. In 1997, Mr. Runckel was awarded the U.S. Department of States highest award for service, the Distinguished Honor Award, for his contribution to improving U.S.-Vietnam relations.About the Author:  

Christopher W. Runckel, a former senior US diplomat who served in many counties in Asia, is a graduate of the University of Oregon and Lewis and Clark Law School. He served as Deputy General Counsel of President Gerald Ford’s Presidential Clemency Board. Mr. Runckel is the principal and founder of Runckel & Associates, a Portland, Oregon based consulting company that assists businesses expand business opportunities in Asia. (www.business-in-asia.com)

Until April of 1999, Mr. Runckel was Minister-Counselor of the US Embassy in Beijing, China. Mr. Runckel lived and worked in Thailand for over six years. He was the first permanently assigned U.S. diplomat to return to Vietnam after the Vietnam War. In 1997, Mr. Runckel was awarded the U.S. Department of States highest award for service, the Distinguished Honor Award, for his contribution to improving U.S.-Vietnam relations.Save
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Tra Vinh Province in the Mekong Delta, Vietnam

Tra Vinh Province, Vietnam
Tra Vinh Province, Vietnam

On Monday, July 24, 2017 Becamex Deputy CEO Pham Ngoc Thuan led a large delegation of international marketing specialists from the US, Canada, Europe, Japan, Korea, Greater China and Thailand to meet with province authorities headed by Chairman of the People’s Committee Dong Van Lam.

Tra Vinh is one of 13 provinces in the Mekong Delta.  Tra Vinh is a coastal province in the Southeast of the Mekong Delta region located between the Tien and Hau rivers, two branches of the Mekong River.  Tra Vinh has a total area of 2,341 square kilometers and a population of over one million people with 59% of them at working age.  The province economy is 39% agriculture, 20% industry and 35% services.

Tra Vinh Province, Vietnam

Tra Vinh has good infrastructure including National Highways 53, 54 and 60.  It is 130 kilometers away from Ho Chi Minh City and 70 kilometers away from Can Tho City.  The province has a big seaport near the province capital capable of handling 20 million tonnes of cargo each year and receiving container vessels of up to 50,000 DWT.  The provinces has one large and well established university – Tra Vinh University which dates from the early 1960s and was set-up with Canadian assistance has over 22,000 students and nearly 1,000 staff.

Trà Vinh has agreed to work with Becamex to expand industrial zones and other infrastructure in the province and to better help the province focus on attracting domestic and international food processing, fruit, seafood and aquaculture processing, light industry, electronic and electrical products, basic chemicals, garments, leather footwear, oil refining, deep seaport and airports, as well as administrative services, education, training and scientific research, along with cultural exchanges, tourism and entertainment.

Becamex and Tra Vinh province officers

Becamex and Tra Vinh government

The province has three industrial parks and one economic zone.  Covering more than 39,000 ha in Trà Cú and Duyên Hải districts, Định An is one of eight key marine economic areas nationwide, with favorable conditions to develop a sea-based economy, electricity, petrochemicals, shipbuilding, navigation services and tourism.   The zone is located in conjunction with a large electrical generating plant of 4,200 MW which promises electrical supply for the entire region.

A manmade canal connects the Hau River to the sea for ships of 20,000 tonnes to enter the Hậu River was recently completed and is facilitating domestic and international trade.

Tra Vinh has attracted 161 investment projects including 32 foreign direct investment projects and creating over 40,000 jobs.  So far, Định An economic zone has attracted 29 projects with total registered capital exceeding VNĐ151.3 trillion (US$6.65 billion) and generated nearly 2,500 jobs.

Phạm Văn Tám, head of the management board of Trà Vinh economic zones, and other province leaders have suggested devising more incentives, apart from policies, to exempt or reduce land rent, corporate income tax, personal income tax and import-export tax.

Businesses will get land clearance compensation and support to make environmental impact evaluation reports, register for intellectual property protection, apply technologies to upgrade productivity and quality of products, and receive assistance in vocational training.

Fruits at Tra Vinh Province

Photos: Some good fruits in Tra Vinh: Durian (above) and Pomelo (below)

Fruits at Tra Vinh Province


About the Author:  

Christopher W. Runckel, a former senior US diplomat who served in many counties in Asia, is a graduate of the University of Oregon and Lewis and Clark Law School. He served as Deputy General Counsel of President Gerald Ford’s Presidential Clemency Board. Mr. Runckel is the principal and founder of Runckel & Associates, a Portland, Oregon based consulting company that assists businesses expand business opportunities in Asia. (www.business-in-asia.com)

Until April of 1999, Mr. Runckel was Minister-Counselor of the US Embassy in Beijing, China. Mr. Runckel lived and worked in Thailand for over six years. He was the first permanently assigned U.S. diplomat to return to Vietnam after the Vietnam War. In 1997, Mr. Runckel was awarded the U.S. Department of States highest award for service, the Distinguished Honor Award, for his contribution to improving U.S.-Vietnam relations.

About the Author:  

Christopher W. Runckel, a former senior US diplomat who served in many counties in Asia, is a graduate of the University of Oregon and Lewis and Clark Law School. He served as Deputy General Counsel of President Gerald Ford’s Presidential Clemency Board. Mr. Runckel is the principal and founder of Runckel & Associates, a Portland, Oregon based consulting company that assists businesses expand business opportunities in Asia. (www.business-in-asia.com)

Until April of 1999, Mr. Runckel was Minister-Counselor of the US Embassy in Beijing, China. Mr. Runckel lived and worked in Thailand for over six years. He was the first permanently assigned U.S. diplomat to return to Vietnam after the Vietnam War. In 1997, Mr. Runckel was awarded the U.S. Department of States highest award for service, the Distinguished Honor Award, for his contribution to improving U.S.-Vietnam relations.Save
Save

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Portland and Binh Duong Exchange Visits

In early 2016, a delegation from Binh Duong province in Vietnam led by Becamex Deputy CEO Pham Ngoc Thuan has yearly visited Portland, Oregon to promote economic, educational and cultural cooperation.  The delegation gave a briefing on province and Vietnam updates in conjunction with the Portland Business Alliance(PBA  - www.portlandalliance.com ), the largest business promotion organization in Oregon.   At this briefing, the Portland Alliance advised Mr. Thuan that the PBA was planning to send a large delegation to visit Vietnam in November 2016 and hoped to visit Binh Duong and Becamex.  Mr. Thuan informed the PBA that Becamex and the province would welcome a visit and  promised to provide transportation from Ho Chi Minh City and host a meeting in Binh Duang and a lunch for the PBA delegation.

In November, 2016 the delegation visited Vietnam both North and South with assistance from Runckel & Associates and Becamex.  The delegation was led by Metro Chief Executive, Tom Hughes, Beaverton Mayor Denny Doyle and  Commissioner Multnomah County, Loretta Smith.  The group were welcomed to the province by the Head of the People’s Committee, visited the Binh Duong New City and exchange ideas on city and economic development with province and city managers and with senior management of Becamex.  Becamex has promised to support future visits of Oregon and Portland delegations to Vietnam and to continue yearly exchanges of visit with the city, region and state.

 

Photographs of the Visit

Student Recruitment in Vietnam

In June, 2017 Runckel & Associates President, Chris Runckel, spoke at the ICEF, the International Consultants for Education and Fairs Asia Pacific meeting of International educators and student recruitment professionals in Ho Chi Minh City, Vietnam.

This was the largest meeting of international educators and student agents in Vietnam to this day. Mr. Runckel spoke on How to Legally and Ethically Work with Student Recruitment Agents in Vietnam and ASEAN. He also gave attendees background on why Vietnam has done so well economically and should continue to outperform others in the region in the near term.

Later Mr. Runckel spoke at the opening of the Access American Education(AAE)’s International Education Fair. This years fair involved 55 US and other education providers seeking to recruit Vietnamese students for additional studies.

Mr. Runckel also met with government and local education providers to discussed improved collaboration and additional programs.

Vietnam remains a highly attractive venue for engaging with Vietnamese students interested in increasing opportunities for additional studies. The AAE fair in Ho Chi Minh City attracted in excess of 400 parents and students and the later AAE fair in Hanoi attracted only slightly less in total.

Meet the Expert

Meet the Expert – Christopher Runckel, on Education

- An interview  in City Pass Guide's #iAMHCMC Gazette in HCMC, Vietnam, by Keely Burkey

As the first US diplomat sent to Vietnam after the American War, Christopher Runckel has developed insights on Vietnamese politics for over 20 years. One of his biggest interests in the region? Education.

How did you get involved with education in Vietnam?

Well, when I came here to establish the diplomatic relationship, I helped establish the embassy in Hanoi and get back all the land the US government had owned.

In 1999, I decided to take early retirement with my wife, and we started a business, Business in Asia (business-in-asia.com), and one of our largest focuses was on Vietnam.

One of our biggest sectors that we always focused on was education, because we believed that there was a real need for it here, and Vietnamese parents value education so much more than most others in Southeast Asia. We’ve done quite a lot of education projects over the last 18 years.

Can you describe some of those projects?

Portland State University established a program with Intel called the Intel Scholars program. Intel sent four cohorts to Portland State to top off their engineering skills. My wife and I were also instrumental in the set-up of Eastern International University (EIU) in Binh Duong.

What we found out in the process was that Vietnamese engineers were just as good as American engineers in hard skills. Where they had challenges was in soft skills.
Skills like meeting as a group together, working as a group together, being assertive, asking questions. Don’t just sit there and listen and don’t say anything.

America has a lot of ties to Vietnam in terms of education. Are there any other countries that have a big impact on education here?

A lot of students go to Australia. UK is very big here as well. Canada is increasing. And unfortunately I’m a little bit [concerned] about Donald Trump and his policy on immigration. All they’re talking about, really, is enforcing the law. I’m in favour of enforcing the law.

But I think there’s misinformation that’s gotten out there, and I think they’ve already shook up a lot of parents.

Do you think there will be less of an urge to go to America to seek an education because of the current political climate?

We’re waiting to see.

Right now, of all the countries that send students to the US, Vietnam is number six. Up from number nine last year, a 12 percent jump. And it’s about 30,000 students now [according to the latest numbers from the Student and Exchange Visitor Information System (SEVIS)] . So, there’s a lot of room for growth.

What are some future developments in education you’re aware of in Vietnam?

There’s a lot of development going on. I want to be very fair to Vietnam.

I think if you look at MOET, MOET has done a good job at basic education. If you look at learning to read and write, basic literacy Vietnam has done an excellent job.

If you look at it in terms of pay for teachers and in terms of infrastructure, putting money into better classrooms, better schools, they’re not so good. A lot more could be done.

Current issues are management of higher education: unclear vision, slow in changes and innovation, slow empowerment for universities, corruption and wasted money on trivial projects. One of the things that I think has held them back is, where is the money coming from? There’s not enough money to go around.

And so, what’s happened, a lot of that money has gone into infrastructure, bridges, ports, because they wanted to create jobs. I’m not so sure that that was the best use of money.

It seems like most of the international educational foundations focus on STEM fields. How about humanities education in Vietnam?

Humanities are not properly valued, in my view. Also, I don’t think in Vietnam, the government is not focused enough on producing enough scientists that the society needs.

You have too many people who have marketing or business degrees. So I think there’s a lack of balance with the needed skills, what the economy needs and what’s being produced right now.

Many seem to be going abroad for education. Do any foreign students ever come to Vietnam to study?

Yeah, we are. Actually, it’s interesting.

In Eastern International University (EIU), the whole business program is taught in English. They have a very big English-language training program there, and they have students coming in from Japan, from Korea, from Cambodia, Laos, Thailand because they have more native speakers teaching them than they can get back in Japan.

And I think that’s just incredible. We also see some students coming out here, usually to get cultural training and learn Vietnamese – this is a big area for more US-Vietnam involvement.

 

Vietnam

Vietnam and The US

EARLY DAYS FOR THE U.S. EMBASSY IN VIETNAM

by Christopher Runckel, the first permanently assigned U.S. diplomat to return to Vietnam after the Vietnam War and President of Runckel & Associates (www.Business-in-Asia.com)

>>> Read more...


The U.S. Consulate General in HCMC jointly sponsored Conference on Trade and Investment in Binh Duong Province 

The U.S. Consulate General in Ho Chi Minh City and Binh Duong Province jointly sponsored a conference to collectively better publicize opportunities for U.S. business in Binh Duong Province, Vietnam   >>> Read more....


Vietnam proving a Great Base for U.S.  Small and Medium Enterprises (SMEs)
Frequently if you read about U.S. companies going overseas, the stories you see are about Intel’s one billion dollar plus investment in Vietnam or other stories of large and well known brands and the grand opening of their new factories.  >>> Read more....


 

Vietnam and Thailand


On August 11, 2016,  Thailand and Vietnam celebrated the 40th Anniversary of Thai-Vietnam Diplomatic Relations co-sponsored by the Vietnamese Embassy in Thailand. This anniversary event was held at the Central World Complex in Bangkok and was attended by approximately 300 guests.  My presentation was titled “Unleashing the Potential of Trade & Investment Between Thailand and Vietnam and Reaping the Benefits from Free Trade Agreements”.  In the event I laid out to a mixed audience of Thai and Vietnamese the differences and challenges facing both economies.   I noted how the Thai economy was slowing in response to demographic and other challenges after a long run of success and how Vietnam’s economy now offered Thai companies unique opportunities to further expand business that they could no longer achieve by staying solely focused on the Thai market.  I also discussed the Trans Pacific Partnership (TPP), the EU-Vietnam FTA (EVFTA) and some of the other 16 free trade agreements involving Vietnam and how they all offered opportunities.    >>> Read more....

 

Vietnam and APEC

Sustainability:  A Basic tenet at Vietnam’s Becamex  - Published in the APEC 2012 official magazine  >>> Read more....


Vietnam's Becamex is Platinum Sponsor at the
APEC 2011 CEO Summit  >>> Read more...


APEC official magazine: "The Future: Redefined" Is Happening in Binh Duong Province, Vietnam  >>> Read more....


 

 

Binh Duong Province

Binh Duong Province - A Decade of Progress   >>> Read more.....


 

Ninh Thuan Province

Ninh Thuan: Opportunities on Vietnam’s South Central Coast

It had been a long time since I was back in the Central Southern Coast where I spent considerable time in 1969-70 during the Vietnam War.  Thus when a friend asked me to fly to Cam Ranh Bay to see some potential investment projects in Ninh Thuan, I jumped at the chance. >>> Read more...


Ninh Thuan Announces New Business Push

In late December, 2011, Ninh Thuan hosted the Prime Minister of Vietnam at a conference held December 10 to unveil and publicize the Master Plan for the provinces development to 2020. >>> Read more......


 

Danang and Quang Nam Province Looking Beyond Ho Chi Minh City and Hanoi in Vietnam

Increasingly Vietnam is appearing on more and more company’s radar screens as a potential investment site as many companies both look for opportunities in Asia and also re-look at their China investments and supply sources.  >>> Read more...

 

Long An Province

Long An Province:  A Growing Option for Factory Relocation    >>> Read more...

 

Executive MBA Trips to Vietnam

Loyola Marymouth University's EMBA Trip to Vietnam - 2014

>>> Read more......


OTHER TRIPS OF VARIOUS UNIVERSITY'S EMBA GROUPS TO VIETNAM

Runckel & Associates has helped the Executive MBA programs at various Universities to develop and execute a 10-day trip to Asia.  The trip is the culmination of the schools Executive MBA program and generally the students graduate shortly after their return to the U.S. or U.K.  >>> Read more...