Vietnam has the fiscal space to implement measures to boost growth, unlike many other countries,” said Carolyn Turk, World Bank Country Director for Vietnam. “Effective implementation of priority public investments is key to support growth, both in the short-term and in the longer-term. Also, fiscal and monetary policies must be synchronized to ensure that support to the economy and macroeconomic stability are achieved effectively.”
The work bank report’s special section on Vietnam’s services sector identifies four key reforms that could unlock the potential of a sector that can deliver substantial employment and added value. For Vietnam to achieve its objective of becoming a high-income economy by 2045, it should more effectively leverage its diversified services sector to secure more sustained productivity growth, according to the analysis, “Harnessing the potential of the services sector for future growth.” This would entail undertaking reforms to enhance services sector productivity and its cross-sectoral contributions to manufacturing and agriculture productivity growth.
Can Tho City and VSIP will organize one workshop in Denver with support by World Trade Center Denver, Colorado to update investors more about current investment in Vietnam 2023 in general and Can Tho in particular, we would like to invite you to join our event:
Topic: UPDATE VIETNAM INVESTMENT ENVIRONMENT 2023
Venue: World Trade Center Denver, 2650 E 40th Ave, Denver, CO 80205, United States
Time: 9:00 am, 27 July 2023
Program
09:00: Registration
09:30: Opening remarks by World Trade Center Denver/ Can Tho City
09:35: Vietnam Overview 2023
Mr. Jonathan Moreno, Vice President, International Sales & Operations,
Diversatek
Strategic location for Manufacturing in Vietnam
By Mr. Nguyen Chi Toan, Marketing Director of VSIP
10:15: Q&A
10:30: End of session
About our Speakers:
1. Mr. Jonathan Moreno, Vice President, International Sales & Operations
Diversatek
Jonathan Moreno works as a Vice President, International Sales & Foreign Operations at Diversatek, a wholly owned subsidiary of Diversatek Inc, one of the world’s leading medical device companies specializing in gastrointestinal diagnostic equipment.
He has a MBA from the University of Hawaii-Manoa and a Bachelor's in International Studies from the University of South Carolina.
2. Mr. Nguyen Chi Toan, Marketing Director VSIP
Mr. Nguyen Chi Toan is VSIP Marketing Director who is in charge of VSIP Industrial Park Business. He has intensive experience of more than 22 years’ in investment guidance, strategic investment analysis in attracting Enterprises to set up manufacturing bases in all VSIP projects in Vietnam.
He has a great network with organizations, associations globally and locally. He evaluates the potential markets each year and subsequent years as well as the development trend in Vietnam to give the excellent advice for investors in each market.
About Can Tho City:
Can Tho is one of five centrally-managed cities in Vietnam. The other four are Hanoi, Hai Phong, Danang, and Ho Chi Minh City. For the Mekong region’s hub, the government has announced a new master plan approving its socio-economic development for the period 2021-2030, with a vision toward making Can Tho a center for trade and services in the delta region by 2030.
Can Tho has the potential to build on its established aquaculture and agriculture industries, and increase its importance as a mega food-processing and distribution hub, with infrastructure investments planned under the new master plan.
World Trade Center Denver
World Trade Center, with one million members and over 300 trade centers in 100 countries, this is a network that opens doors around the world. Here you can collaborate, exchange ideas and cultivate relationships with the largest concentration of global business-minded professionals in the region. In addition to networking and training events, we facilitate introductions to get you to the right people in the right geographies.
World Trade Center Denver is a business network and services organization dedicated exclusively to the international business success of companies based in Colorado and the surrounding Rocky Mountain region. No need to call New York or fly to Chicago, you get face-to-face access to world-class global resources right here in your own backyard. Our sole purpose is to help local companies succeed internationally. Global commerce isn’t just one of the things we do, it’s the only thing we do
About Diversatek
Headquartered in Milwaukee, Wisconsin, Diversatek Healthcare is a wholly owned subsidiary of Diversatek Inc, A leader in gastroenterological medical devices and diagnostics, Diversatek Healthcare's tenured management team is committed to making business personal again through a hands-on approach to understanding clinical and patient needs. Diversatek Healthcare is driving science in the GI space while providing comprehensive educational offerings through Diversatek University, including on-site training and virtual platforms. The company offers an extensive range of state-of-the-art diagnostic and therapeutic GI applications from esophageal dilators and endoscopic accessories to high resolution impedance manometry systems and impedance/pH total reflux monitoring
About VSIP:
Since its official launch in January 1996, VSIP has proven to be an attractive destination for many multinational companies to establish manufacturing base, serving both the domestic and export markets. VSIP stands ready to provide unmatched facilities and services to investors intending to establish a long term presence in Vietnam. Among the 411 active industrial parks in Vietnam, VSIP is considered one of the most successful parks in investment attraction, technology transfer and environmental protection. With its latest project VSIP Can Tho, VSIP has established 12 industrials parks and townships projects occupying a total area of 9,570 ha of land, valued at over US$ 17 billion in foreign investment and creating more than 300,000 jobs. It remains the longest established and largest tenancy (combined) with more than 900 tenants in Vietnam today and often cited as an iconic symbol of friendship and warm bilateral ties between Vietnam and Singapore.
Our latest 12th project is in Mekong Delta, Can Tho is one of five centrally-managed cities in Vietnam. The other four are Hanoi, Hai Phong, Danang, and Ho Chi Minh City. For the Mekong region’s hub, the government has announced a new master plan approving its socio-economic development for the period 2021-2030, with a vision toward making Can Tho a center for trade and services in the delta region by 2030.
Can Tho has the potential to build on its established aquaculture and agriculture industries, and increase its importance as a mega food-processing and distribution hub, with infrastructure investments planned under the new master plan.
On March 19th, 2022 we are proudly to have Ground Breaking Ceremony of VSIP III-Binh Duong and its marks a significant new milestone for VSIP Group as it executes a strategic transformation to more sustainable developments.
VSIP III-Binh Duong is designed to incorporate smart technology across the Park’s operations, from its energy, water and waste use, to traffic and security management. Also, the use of real-time tracking devices to remotely monitor, analyze and optimize performance, allow for enhanced visibility over operations - making the park more secure, reliable and efficient for customers and workers. The first phase of VSIP III is also pre-qualified to meet Singapore Building and Control Authority’s Green Mark certification for industrial district, making it one of the greenest and most sustainable workplace environments in Vietnam. With the strategic plan for VSIP Group development, we continue developing new projects follow our commitment as a Green, Smart and sustainable industrial park system.
With the firm and committed support of the Vietnam and Singapore Governments, VSIP has become a model of Vietnam-Singapore economic co-operation as well as a name synonymous with reliability and efficiency. It is an ideal location for your investment in Vietnam!