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, Jones Lang LaSalle Incorporated (JLL) and VSIP will organize one workshop in Los Angeles, California, to update investors more about current investment in Vietnam in general and Can Tho in particular and the benefits for investors, we would like to invite you to join our event:
Topic: UPDATE VIETNAM INVESTMENT ENVIRONMENT 2023
Venue: INTERCONTINENTAL LOS ANGELES DOWNTOWN
900 Wilshire Boulevard, Los Angeles, CA 90017
Time: 25 July 2023
For Registration, please click HERE
Virtual and physical attendance are available.
Event is cost free. Prior Registration Required
For Physical attendees, please register in advance to
reserve your seat.
For virtual attendees, please register to receive the
Microsoft Team link.
09:30: Opening remarks
09:35: Vietnam Overview and Update
By Mr. Craig Meyer, President and Global chair of JLL Industrial
Strategic location for Manufacturing in Vietnam
By Mr. Nguyen Chi Toan, Marketing Director of VSIP
10:30: End of session
About our Speakers:
Craig is President and Global Chair of JLL Industrial. He is responsible for the JLL business lines that service the industrial and logistics real estate asset class. Craig serves on the firm's Brokerage Executive Committee, Americas Advisory Committee and is Chair of JLL’s Global Industrial Board. Craig was promoted to an International Director in 2011. In 2019 he was also selected to attend the Stanford GSB executive program for Global Leaders as one of the top 100 leaders in the firm.
Craig began his commercial real estate career as an industrial specialist in the Los Angeles Airport area and has a broad range of transaction and brokerage management experience. Over his career he has held senior level positions in both management and production with Trammell Crow Company, Insignia ESG and Colliers Seeley (where he served on the Executive Committee and Board of Directors).
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.
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.
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!
About Jones Lang LaSalle ( JLL)
Jones Lang LaSalle Incorporated (JLL) was incorporated in 1997. Our common stock is listed on The New York Stock Exchange under the symbol "JLL."
JLL (NYSE: JLL) is a global real estate services firm specializing in commercial property and investment management, providing services for real estate owners, occupiers and investors worldwide
JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.
JLL is a Fortune 500 financial and professional services company specializing in real estate. We offer comprehensive integrated services on a local, regional, and global basis to owner, occupier, investor, and developer clients seeking increased value by owning, occupying, or investing in real estate. We have more than 280 corporate offices worldwide from which we provide services to clients in more than 80 countries. We have over 91,000 employees, including nearly 39,000 employees whose costs our clients reimburse. Our issuer and senior unsecured ratings are investment grade: BBB+ (stable outlook) from Standard & Poor’s Ratings Services ("S&P") and Baa2 (positive outlook) from Moody’s Investors Service, Inc. ("Moody’s").