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

Chủ Nhật, 11 tháng 12, 2016

Vietnam opens first energy-saving glass plant in Southeast Asia

The plant reflects Vietnam's views on environmentally-friendly building materials.
Vietnam's first modern production line for energy-saving glass was put into operation on July 25 in the southern province of Binh Duong.


According to construction experts, most of the world’ skyscrapers are designed with energy-efficient glass, and Vietnam has started to follow the trend.

In addition to the aesthetic advantage, buildings covered in this type of glass are able to reduce electricity bills by preventing heat or cold air from escaping through windows. The glass also blocks 99 percent of ultraviolet rays that pose a threat to human health.

Demand for energy-saving glass in Vietnam is on the rise now the real estate market is showing signs of a recovery. However, the country now depends entirely on external suppliers, so glass made here has great potential on the local market, said Nguyen Quang Phuc, deputy head of the Vietnam Association for Building Materials.

Work on the first energy-saving glass plant in Vietnam as well as Southeast Asia kicked off in October 2015 with total investment of VND524 trillion ($23.5 billion). Technology and facilities for the plant were imported from Von Ardenne Company, a German manufacturer with around 90 years of experience in construction materials.

State-owned Viglacera Cooperation, the plant's owner, widened its portfolio of modern building materials by introducing the first antibacterial sanitary ware in March this year.

Reference Source: Bao VNexpress





Thứ Năm, 8 tháng 12, 2016

Potential of Vietnam’s Renewable Energy

Vietnam territory is located in the tropical climate zone with over 3,200 km long coastline. Therefore, there is great potential for renewable energy development. The available renewable energy sources in Vietnam are: solar energy, wind energy, biological energy, hydropower and energy from the sea.

Vietnam has great potential for hydroelectric power, with total theoretical capacity of about 35 GW, the technical potential is about 26 GW, annually it can produce more than 100 GWh; in which the small hydropower (the installed machine capacity <30 MW) has the potential to produce about 15-20 GWh of electricity.
Until 2013, the total number of projects have been put into operation is 268 projects, with a total installed machine capacity of 14,240.5 MW. As planned, until 2017, there will be 473 projects will be put into operation with a total installed machine capacity of 21,229.3 MW. In addition, according to the Electricity Corporation of Vietnam, the potential of small hydropower has installed machine capacity of about 4,000 MW.
In a report of the World Bank in 2001, the wind energy potential of Vietnam is estimated at 512 GW, much higher compared to other countries such as Thailand, Laos and Cambodia.
Vietnam has great potential for solar energy, particularly in the Central and South of the country, with the average intensity of solar radiation of about 5 kWh/m2. The total theoretical potential of solar energy in Vietnam is estimated at 43.9 billion TOE (TOE – tons of oil equivalent).
With the advantage of being an agricultural country, Vietnam has a large and diverse biomass sources, including wood, firewood, rice husk, rice straw, sugarcane bagasse and other kind of agricultural residues. Annually, Vietnam is estimated to have over 60 million tons of biomass from agricultural waste. The biomass energy sources mentioned above can be used to produce bio-fuel (ethanol), fuel pellet, biogas and various other products.
Vietnam livestock industry is now quite developed, released to the environment annually a large amount of livestock waste in the form of solid and liquid.
According to the statistic data from national environmental status by 2014, the amount of solid waste from livestock in 2013 in Vietnam includes: 18.5 million tons from raising cows, 13.8 million tons from raising buffalo, 18.9 million tons from raising pig, 22.6 million tons from raising poultry. Part of livestock waste in rural area of Vietnam provides raw material for more than half a million active biogas in three regions of the country.
With a population of nearly 90 million people, the annually amount of domestic waste generated due to activities of the population is very huge. Domestic waste after being collected and classified can be recycled, reused and recovered energy from waste incineration or landfills.
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 Tư, 7 tháng 12, 2016

Vietnam's 4th wind power plant starts generation

The country plans to have 800 megawatts of wind power by 2020, but pricing remains an issue.
Binh Thuan Wind Power Company said the Phu Lac plant has 12 turbines with a combined output of 24 megawatts, local media reported.

The project costs more than VND1 trillion ($48 million), including a $37 million grant from German government development bank KfW.
Vietnam is operating three other wind power plants including two in Binh Thuan and another in the Mekong Delta’s Bac Lieu Province.
The country now depends on thermal and hydropower for almost all of its electricity demand, while wind power has only contributed 0.3 percent, according to a report this week from state-owned utility Electricity of Vietnam.

Thermal power plants make up more than half of the total generation, and among them, coal-fired plants account for 34 percent.

The country has been taking steps to develop cleaner and more sustainable energy sources. It plans to have 800 MW of wind power by 2020, compared to 140 MW as of March this year, according to a post on the government's website.
Investors have committed to more than 45 wind powerprojects to generate more than 4,800 MW in total, but most of them are still on paper. Binh Thuan alone has 16.
Various media reports suggest that investors in general are reluctant to develop wind power projects because prices in Vietnam are not high enough to cover the costs.
In Vietnam, state-owned Electricity of Vietnam, which controls the national grid, reportedly pays 7.8 U.S. cents or VND1,731 per kilowatt-hour for wind power, much lower than the rates in China, Japan and the Philippines.
Binh Thuan Province's Wind Power Association has requested the government to raise prices to 12 cents in 2017.




Thứ Ba, 6 tháng 12, 2016

FDI Flows into Vietnam’s Geotechnical Engineering

The need for strong development of infrastructure in Vietnam is attracting more and more foreign businesses in the geotechnical engineering industry to come and set up business in Vietnam.

Geonia, a leading corporation in Korea specializing in the production of high quality geotextile product (the fabric with permeability, when using to line in the soil, it is capable of separating, filtering, protecting, processing strengthening and water drainage), which are expected to achieve strong revenue in Vietnam market.
According to Geonia’s Chief Representative in Vietnam, the Government of Vietnam is promoting the construction of road and port infrastructures; therefore the demand for geotextile products is very huge. Vietnam has built a number of highways and Geonia has provided this product, with revenues of more than 5 million USD in 2014 and approximately 5 million USD in 2015. In the coming years, revenue can increase; even twice when many projects in Vietnam are performed.
At the 3rd International Conference on Geotechnical took place recently in Hanoi, not just Geonia, there were nearly 50 other foreign companies participated and wanted to find out the business investment opportunities in Vietnam, through the establishment of partnerships, joint ventures and promoting the sale of geotechnical products in Vietnam market.
According to Sales Manager of ACE Geosynthetics Company (Taiwan), until the end of 2016, this Company will set up partnership with 5 enterprises in Vietnam, bringing the total number of partners to 18, although ACE Geosynthetics has not have official investment and trade activities in Vietnam. Currently, ACE Geosynthetics is the leading exporter of geothermal synthetic products in Asia.
ACE Geosynthetics could set up factory in Vietnam in the future. Last year, ACE Geosynthetics has achieved sales growth at 2 figures. In 2016 and 2017, ACE Geosynthetics also expect to achieve such results.
Meanwhile, according to Director of Sanshin Construction Corporation (Japan), Sanshin is considering setting up partnership with local business to implement a number of large infrastructure projects in Vietnam, beginning from 2017.
Since early of this year, Sanshin has partnered with Technical Link Construction Company (Vietnam) to implement a number of industrial infrastructure projects in the southern region. In the next year, these two enterprises will jointly implement a number of other similar projects.
Many construction enterprises from Japan are coming to Vietnam for the construction of infrastructure projects. Therefore, Sanshin also wants to expand its presence here to cooperate with Japanese companies.
According to construction experts, Vietnam is a country located in geographic areas with complex geological conditions; therefore the selection of foundation solutions for infrastructure is extremely important.
In the strategy to 2020, Vietnam will basically become an industrially developed towards modernization country, so the demand for infrastructure development, industrial development, urban development during this period is very large. In particular, the Government has been setting up special policies giving priority to infrastructure development in all industries and sectors. This is the opportunity for businesses and investors at home and abroad.
According to Vice President of International Society for Soil Mechanics and Geotechnical Engineering, in Vietnam, in addition to forms of public transport in major urban centers, the economic development requires faster means of transportation over long distances. Therefore, high-speed rail and highways will soon become urgent needs. This shows that the demand for geotechnical engineering will increase in the very near future. This is the investment opportunity for many businesses.
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 Hai, 5 tháng 12, 2016

Indian investor eyes Vietnam's energy efficiency potential

EESL has expressed strong interest in LED street lights and solar projects for the Vietnamese market.
Indian energy firm EESL expressed interest in Vietnam's clean energy market, particularly LED street lights and solar energy projects, during a recent workshop.



Energy Efficiency Services Limited, as the company is officially known, is a joint venture set up by India's Ministry of Power. It has signed a partnership contract with Cambodia's D&D Group, paving the way for future energy efficiency projects in Vietnam and Cambodia.

D&D Chairman Dibyendu Pattnaik said his company was considering investing in new transmission lines, hydroelectric power and renewable energy projects.

Vietnam's economic growth, particularly the expansion of the manufacturing sector, will continue to drive demand for electricity.

According to state utility Vietnam Electricity (EVN), annual energy consumption in the country has reached 162 billion kilowatt-hours and is projected to grow by 10 percent.

Simple energy efficiency measures can provide some of the easiest and cheapest ways to meet the country's energy demand and reduce green house emissions.

Other Indian investors have also eyed Vietnam's energy sector.

Smita Pant, Consul General of India in Ho Chi Minh City, told the Vietnam Investment Review that Tata Power's $2.1 billion investment in the Long Phu 2 Thermal Power Project in the southern province of Soc Trang would make India one of the top foreign investors in the country. The plant is expected to start running in either 2021 or 2022.

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

Reference Source:  VnExpress



Chủ Nhật, 4 tháng 12, 2016

Singapore’s CapitaLand to invest $500 million in commercial property in Vietnam: report

The company sees strong potential in the office sector, especially Ho Chi Minh City upmarket segment.


Singapore-based developer CapitaLand has announced plans to expand its presence in Vietnam by establishing a $500 million fund by next year for commercial property development, mainly in Hanoi and Ho Chi Minh City.
The company said in a statement on Monday that it sees “strong potential upside” in the office market, especially in the country’s largest city Ho Chi Minh where there is a mismatch between demand and supply of grade-A offices, the Straits Times reported.
Lim Ming Yan, CapitaLand’s president and chief executive, was cited in the report as saying that there are many opportunities in the commercial space in Vietnam. “This trend will continue for at least the next 10 years.”
CapitaLand has been operating in Vietnam since 1994, investing mainly in residential projects with more than 9,100 units in Hanoi and Ho Chi Minh City.
It has plans to acquire more sites to develop around 2,000 to 2,500 more residential units in the cities, trying to capitalize of Vietnam's urbanization and a growing middle class.
“We are focusing on sites within a 10-minute radius from metro lines,” said Vincent Wee, deputy chief executive at CapitaLand Vietnam, referring to urban transport systems being developed in both Hanoi and Ho Chi Minh City.
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
Reference source: E.vnexpress




Thứ Sáu, 2 tháng 12, 2016

Binh Duong Welcomed 1 Billion USD Project

Many foreign corporations have chosen Vietnam to become their investment destination to set up business in Vietnam and the most recent project coming from a Korean investor. This is the project to produce tire and automobile airbags of Kolon Industries Corporation (Korea). This “super plant” will be located at Bau Bang Industrial Zone of Binh Duong province.

Mr Tran Thanh Liem – Chairman of Binh Duong Province has just signed a memorandum of understanding with leader of Kolon Industries Group (Korea) concerning the implementation of the plant to produce tire and automobile airbag with investment capital up to 1 billion USD. On this occasion, Becamex IDC Corporation has also announced that Kolon Industries leases from them nearly 42 hectares of land in Bau Bang Industrial Zone (Binh Duong province) to put the plant on.
According to Kolon Industries Corporation, after more than two years of searching and working with many units and localities in and outside the territory of Vietnam, the Corporation has selected the Bau Bang Industrial Park as the location to implement the project to produce tire and automobile air bag in Vietnam. The expected total investment capital of the project for all three phases is about 1 billion USD, in which the Phase 1 from 2017 to 2018 is 220 million USD, Phase 2 from 2018 to 2026 is 600 million USD and after that is the Phase 3.
Established since 1954, Kolon is one of Korea’s transnational corporations in multiple industries with high-tech products: tire, automobile air bag, film to use in electricity industry, electronics, fashion….
By the end of October 2016, Binh Duong has 2,818 investment projects from 59 countries and territories with a total capital of 25, 6 billion USD. In particular, Korea is the country ranks 3rd with 594 projects and a total investment of nearly 2.4 billion USD.
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