Netherlands-Vietnam Chamber of Commerce (NVCC)

NVCC Welcomes New Member: Sales In Motion BV

The Netherlands Vietnam Chamber of Commerce is delighted to welcome its new member, the company Sales In Motion BV from Rotterdam.

Sales In Motion is specialised in representing foreign companies that are eager to expand their business in the Netherlands, Belgium and elsewhere in Europe, a field in which they have built up extensive experience.

SALES INBOUND AND OUTBOUND

CEO and Founder Frank Schretlen: “Inbound and outbound sales strategies are both crucial to a healthy, thriving business. Since leads are the lifeblood of most sales teams, receiving them in more than one way allows your company to be dynamic and flexible.”

The mission of Sales In Motion BV is:

“Authentically driven sales people creating quality and innovative business results”

Contact:

Sales In Motion BV

I: www.salesinmotion.nl

E: frank@salesinmotion.nl

T: +31852085040

M: +31655705482

Explainer | Which parts of Asia are easing coronavirus travel curbs?

Source: SCMP. Excerpt

  • Countries across the region are working to hammer out bilateral agreements for international travel, starting with priority business visitors
  • Focus on South East Asia
A flight attendant wearing a face mask checks the body temperature of boarding passengers on a plane at Tianhe Airport in Wuhan, China. Photo: AFP

A flight attendant wearing a face mask checks the body temperature of boarding passengers on a plane at Tianhe Airport in Wuhan, China. Photo: AFP

Most tourist hotspots in Asia remain out of bounds this summer as international travel remains restricted, but some countries are making special arrangements for business travellers.

Even once mass travel does return, however, tourists won’t accept long coronavirus quarantines – but testing is likely to be part of the deal, on both ends of the trip.

Here are the latest developments as of June 11:

CAMBODIA: Cambodia’s government has said it will bill foreigners entering the country for Covid-19 related costs, including a US$5 travel fee from the airport to a waiting centre for lab test results, US$100 for a Covid-19 test and US$30 for accommodation at a hotel or waiting centre while awaiting results.

Sunrise seen over the Mekong River near Phnom Penh, capital of Cambodia, which has said it will bill foreigners for Covid-19 costs. Photo: AP

Sunrise seen over the Mekong River near Phnom Penh, capital of Cambodia, which has said it will bill foreigners for Covid-19 costs. Photo: AP

Other charges include US$30 dollars for meals, US$15 dollars for laundry and cleaning, a US$6 fee for an on-call nurse and US$3 for security.

Should a traveller test positive, all arrivals in their group will be quarantined for 14 days, with each individual potentially required to pay for one to four additional tests. Costs include a daily charge of US$30 for a hospital room and US$150 for treatment. In case of death, cremation services are priced at US$1,500.

THAILAND: A ban on commercial international flights has been extended until the end of June. Nationals and foreigners with work permits can return on charter flights. But citizens need to provide certificates issued by Thai embassies, and foreigners are required to present a negative coronavirus test. There is a mandatory 14-day quarantine on arrival.Thailand hopes to reopen to limited international tourism later this year for “low-risk” countries including China and South Korea.

VIETNAM: Borders remain closed except for citizens as well as foreign experts with valid work permits and negative coronavirus test certificates who are returning on charter flights. A 14-day quarantine upon arrival is mandatory.

The government on Tuesday said it was seeking to reinstate international flights to countries that had been free of the virus for 30 days, and would resume these with limited frequency and priority given to foreign experts and investors.

Countries across Asia are working to hammer out bilateral agreements for travel, starting with priority business visitors – yet even these lanes are often not green but amber – according to Brendan Sobie, an independent analyst – and fraught with restrictions as with Singapore and China, or China and South Korea.

For Southeast Asia, there is a silver lining to this slow return to the world stage. The region has been a victim of its own success with mass tourism. The 2018 closure of Maya Bay in Thailand, the setting of the film The Beach, and of Boracay in the Philippines the same year speak to the damage done by hordes of backpackers and unthinking tourists. A health-conscious, eco-savvy reopening that focuses on higher-margin independent travellers may help build a more sustainable future.

Vietnam’s National Assembly ratifies the EVFTA and EVIPA

by Joost Vrancken Peeters

Last week the National Assembly of Vietnam has voted to ratify the EU-Vietnam Free Trade Agreement (EVFTA) and EU-Vietnam Investment Protection Agreement (EVIPA).

This ratification is the next step in the implementation of the EVFTA. The EVIPA will be implemented later, because it needs to be ratified in each individual EU member State.

Everybody agrees that this agreement means a vote of confidence of Vietnam in the EU to become its most important partner in trade. And of course the same is true for the confidence of the EU in Vietnam. The implementation of the EVFTA will mean that almost all tariff lines and barriers to trade will be phased out over the next decade. And from day one the cut of tariffs will apply to 65 per cent of the EU exports to Vietnam and 71 per cent of EU imports from Vietnam. For Vietnam the EVFTA creates a unique opportunity to become a regional production hub, due to the fact it has a privileged access to the EU’s market for the next 7-10 years.

And luckily the numbers also show there is great room to grow together. Vietnam is the biggest exporter of goods to the EU in the ASEAN region. However, Vietnam only buys a third of the number two in exports, Singapore, buys from the EU. As to FDI in the ASEAN region the EU is the largest investor, however only the fifth largest in Vietnam.

Especially in the current situation working together is more important than ever before. The fact that it will be easier to invest in each other’s economies could lead to more diversification in Vietnam and thus increasing the opportunities for trade. The Corona crisis has also shown that current supply chains are vulnerable, so setting up a production hub closer to the customers is on the agenda of many companies. The EVFTA and EVIPA show that Vietnam offers an excellent opportunity for such investment.

If you need more information about investing in Vietnam, please do not hesitate to contact Joost Vrancken Peeters, chairman of NVCC, at jvp@lgga.nl or +31620210657.

Covid-19 Update Vietnam – NVCC Webinar met Joris van Tienen (Damen), Erik Mattijssen (PEJA S.E.A.) en Matthijs van den Broek (Further East Consult, DBAV)

Joris van Tienen studeerde aan de TU Delft en werkte hierna van 1998  – 2009 in diverse functies bij DAF/Paccar. In 2013 trad hij in dienst bij Damen en sinds 2017 is hij de Managing Director van Damen Song Cam Shipyard in Hai Phong, Vietnam. 

Erik Mattijssen studeerde aan de Hogeschool van Arnhem en Nijmegen. Sinds 1999 is hij Managing Director van PEJA S.E.A. Hij kent Zuidoost Azië en met name Vietnam als zijn broekzak en is een specialist in contracting, financial engineering, international sales en marketing. Erik is de Vice Voorzitter en Penningmeester van de NVCC.

Matthijs van den Broek: In de jaren negentig woonde en werkte Matthijs in Thailand. Sindsdien geeft hij lezingen en workshops  over zakendoen en socio-economische trends in Azie, zowel in Nederland als in Zuidoost-Azië. Kortgeleden is Matthijs teruggekeerd uit Hanoi, Vietnam, waar hij een jaar woonde en werkte.  Matthijs van den Broek is bestuurslid van de Dutch Business Association Vietnam (DBAV).

Agenda:

11.00 uur      Opening door Joost Vrancken Peeters,voorzitter van de NVCC

11.05 uur      De aanpak van Damen Song Cam Shipyard door Joris van Tienen, General Director

11.25 uur      De ervaringen van Erik Mattijssen, Managing Director PEJA S.E.A.

11.35 uur     Update over de actuele ontwikkelingen in Vietnam door Matthijs van den Broek, Managing Director Further East Consult.

11.50 uur      Vraag en Antwoord

12.00 uur      Einde
   

Het webinar zal worden gehouden via Zoom.

Is Vietnam the coronavirus-fighting champ of the world?

Is there any other sizable country that has so thoroughly vanquished COVID-19 — and without the resources of a wealthy nation? 

Source: The World

May 07, 2020 – By Patrick Winn

The United States recorded its first COVID-19 infection in late January — the same week that the virus officially reached Vietnam.

That was nearly four months ago. Since then, America has suffered more than 1 million cases and is losing thousands of lives to the coronavirus each day.

As for Vietnam? Zero reported deaths and fewer than 300 cases. Not bad for a nation of 95 million people.

Is there any other sizable country that has so thoroughly vanquished COVID-19 — and without the resources of a wealthy nation? (Many Vietnamese earn only a few hundred dollars per month, less than what most Americans spend on food.)

South Korea, Iceland, New Zealand, Taiwan and Singapore are cited as virus-fighting success stories. Yet, Vietnam has more citizens than all of those places combined — and has received only a fraction of the credit.

There are indeed lessons to be learned from Vietnam, namely the benefits of acting swiftly and sternly.

Its leaders wasted little time in “framing the pandemic as an enemy,” said Ba-Linh Tran, an independent policy analyst based in Ho Chi Minh City. (Tran is soon to receive a doctorate from the University of Bath.)

In Vietnam, public service announcements warn that the virus is “threatening the human race” and that “we have entered a war.” A deputy premier, Tran said, declares that everyone is now a “soldier.”

If there’s any country that can win a war despite terrifying odds, it is Vietnam. Just ask France, Japan, the United States and China.

But Tran said the public didn’t need too much nudging from officials to realize this is a life-or-death struggle.

For starters, he said, people remember the SARS epidemic of the early 2000s. They also would not have believed that, without a serious lockdown, “it’s going to work out fine.”

That’s what President Donald Trump was telling Americans in late February. By that point, Vietnam was shutting down borders and had started developing its own test for the coronavirus.

It has since tested its citizens at a higher rate than almost any other country in the world — and produced enough of its own WHO-approved coronavirus tests to export around the planet.

The government’s quick call to action was key, Tran said, but “it’s not entirely attributable to the government’s call.” Vietnam’s formula for success, he said, is strong policy plus massive public buy-in.

During the lockdown, shopkeepers — the few allowed to stay open — would often buy their own thermometers and alcohol gel, screening customers at the door. On the streets, public art in the style of Cold War-era propaganda posters has flourished, exalting nurses instead of guerrillas.

“We have this sense,” Tran said, “of the collective good.”

While some of Vietnam’s campaigns are fear-inducing, its most popular offering is a super-catchy song reminding people to wash their hands and put on a mask. (It went viral globally and has racked up tens of millions of views online.)

But these mass media campaigns are also backed by strict penalties for rule-breakers. Walking in public is not just taboo — any unmasked person found to have infected someone else can face prison time.

Related: Canada closes most of its great outdoors to curb COVID-19

Tran said that, naturally, individuals have their own opinions about how the crisis should be handled. Yet, these conversations never explode into a public debate.

“We don’t have this debate, this very strange dichotomy, between personal liberty and the collective good. We never think that … every individual has the right to do whatever he or she wants.”Ba-Linh Tran, independent policy analyst, Ho Chi Minh City

VIETNAM AIRLINES VOERT AANTAL BINNENLANDSE VLUCHTEN OP

Photo: Vietnam Airlines

Luchtvaartnieuws

HANOI – Vietnam Airlines en dochtermaatschappijen Jetstar Pacific en VASCO verwachten hun binnenlandse vluchten in Vietnam begin juni bijna volledig te hervatten. Door de coronacrisis werd er aanzienlijk minder gevlogen, maar de overheid laat de reisbeperkingen stukje bij beetje los.

Vanaf 16 mei gaat de frequentie op de drukke route tussen Hanoi en Ho Chi Minh City omhoog naar 23 retourvluchten per dag. Ook op andere routes wordt het aantal vluchten geleidelijk opgevoerd. In juni verwacht Vietnam Airlines het schema weer op peil te hebben. Ook worden er nieuwe routes gestart, om aan de vraag naar luchtvervoer te voldoen.

Passagiers wordt gevraagd voor vertrek een gezondheidsverklaring te ondertekenen. Ook moeten zij verplicht mondkapjes dragen en wordt de temperatuur van elke reiziger gemeten, om daarmee de verspreiding van het coronavirus tegen te gaan.

NVCC Webinar met Matthijs van den Broek: Covid-19 Update Vietnam

NVCC Webinar met Matthijs van den Broek: Covid-19 Update Vietnam

Gratis deelname voor leden en contacten van de NVCC.

Datum: 29 april 2020

Tijd: 14.00 – 14.45 uur

Gastspreker: Matthijs van den Broek

Matthijs van den Broek is consultant en spreker met meer dan 30 jaar ervaring in Zuidoost-Azië.  In de jaren negentig woonde en werkte hij in Thailand. Sindsdien geeft hij lezingen en workshops  over zakendoen en socio-economische trends in Azie, zowel in Nederland als in Zuidoost-Azië. Kortgeleden is Matthijs teruggekeerd uit Hanoi, Vietnam, waar hij een jaar woonde en werkte.  Sinds april 2019 is hij Bestuurslid van de Dutch Business  Association Vietnam (DBAV).

Agenda:

14.00 uur      Opening van het webinar door Joost Vrancken Peeters, voorzitter van de NVCC

14.10 uur      Update over de strijd tegen het Covid-19 virus en andere ontwikkelingen in Vietnam door Matthijs van den Broek

14.35 uur      Vraag en Antwoord

14.45 uur      Einde

Cathay Pacific Airways Joins NVCC

The NVCC is delighted to welcome as corporate member Cathay Pacific Airways, a 5-star airline with its home base in Hong Kong. Cathay Pacific offers a daily connection between Amsterdam and Hong Kong, with a popular time schedule (you leave for Hong Kong in the afternoon and arrive early in the morning, then next day. The return flight leaves after midnight and also arrives early in the morning, the same day).

The hub of Cathay Pacific is Hong Kong. There passengers can get connecting flights to more than 200 destinations worldwide.

From Amsterdam, flights are operated with the most technologically advanced aircraft, the new Airbus A350-1000. The A350-1000 has quieter and more fuel-efficient engines with 25% less fuel burn than other leading aircraft models. Cathay also flies 4 times a week from Brussels to Hong Kong with the A350-900 aircraft.

Cathay Pacific Airways & Cathay Dragon operate frequent flights from Hong Kong to Vietnam. Destinations in Vietnam are Hanoi, Ho Chi Minh City, Da Nang & Nha Trang.

Visit the website of the airline for more information by clicking here.

Vietnam’s 2020 GDP growth predicted to slow to 7-year low

Vietnam would be among four economies hardest hit by the Covid-19 outbreak, behind Singapore, Thailand and Hong Kong (China).

The Ministry of Planning and Investment (MPI) has forecast Vietnam’s GDP growth to slow to a 7-year low of 5.96 percent in 2020, indicating a less optimistic outlook compared to its assessment one week ago, local media reported.

Previously, the MPI predicted Vietnam’s GDP in 2020 to grow 6.09 percent in case the Covid-19 (nCoV) is contained by the end of the second quarter, representing a 0.7 percentage points lower than the target set by the National Assembly and nearly one percentage point compared to 2019.

The MPI suggested Vietnam would be among four economies hardest hit by the Covid-19 outbreak, behind Singapore, Thailand and Hong Kong (China).

The latest prediction of the MPI is similar to those of domestic economists.

Pham The Anh, chief economist at the Vietnam Institute for Economic and Policy Research (VEPR), told VnExpress that Vietnam’s economic growth is predicted to be shaved off by one percentage point, while ANZ predicted a decrease of 0.8 percentage points in the first quarter due to the epidemic.

The MPI also estimated Chinese arrivals coming to Vietnam would decline by 2.3 million if the outbreak is controlled by the end of the second quarter, while those from other countries are likely to decrease between 50 percent and 60%.

“As Chinese tourists spend an average of $743.6 each, and international tourists of $1,141, a loss of $5 billion would be incurred if the epidemic persists to the end of June,” said the MPI in its report.

Preliminary assessment from the Vietnam Tourism Advisory Board (TAB) said the damage in the first quarter could be up to $7 billion and exceed $15 billion until the end of the second quarter.

With tourism under pressure from the outbreak, the aviation industry is set to face a similar fate. Before the epidemic, 11 Chinese airlines conducted 240 flights per week to Vietnam, while Vietnam Airlines, Jetstar Pacific and Vietjet operated 72 flight routes to 48 destinations in China with 401 flights per week.

In addition to tourism and aviation, Vietnam’s agricultural sector with high dependence on the Chinese market is facing numerous difficulties.

KB Securities said as consumption in China shrinks due to the outbreak, Chinese imports of goods and products from other countries would be set to decline. Meanwhile, China is Vietnam’s main export market for agricultural products as its imports Vietnamese goods worth nearly $6 billion, accounting for 35 percent of Vietnam’s total exports of agricultural products.

In 2019, Vietnam recorded a trade deficit of nearly $34 billion from China, importing largely phone and electronic parts, and input materials for textile and footwear production. With heavy dependence on input materials from China, Vietnam’s manufacture is set to face a major impact from the outbreak.

A survey conducted by the National Private Economic Development Research Board revealed many enterprises could maintain operation for one more week before running out of input materials.

Cash injection not an answer

Vietnam, however, is not the only country facing pessimistic outlook amid the outbreak of the Covid-19. On the global stage, many countries are using stimulus packages to mitigate the negative impacts. China has rolled out a $174 billion bailout package, comprised of $22 billion injection into Chinese markets to prevent the country’s stocks and currency from falling. Other countries also took a slew of measures to shore up their financial markets.

VEPR expert Pham The Anh said in case of Vietnam, monetary easing would not be feasible due to differences in the structure of economic growth.

A stimulus package would not boost the number of Chinese tourists coming to Vietnam, produce more agricultural goods or provide sufficient input materials for local enterprises, Anh added.

In addition, monetary easing would put upward pressure on inflation, which has been on the rise since the end of 2019 due to African swine fever.

Instead of using monetary policy, Anh said Vietnam should find ways to diversify revenues and pursue a more sustainable economic growth model.

Another solution is to waive visa for tourists from European countries and other important markets such as New Zealand, Canada, to relieve pressure from a decline in the number of Chinese tourists.

As many enterprises are facing difficulties, there should be more supports from the banking system and tax reduction for the business community.

Source: Hanoi Times, 14 February 2020

EU Parliament approves EU-Vietnam free trade and investment protection deals

The EU-Vietnam trade agreement, the “most modern and ambitious agreement ever concluded between the EU and a developing country”, got Parliament’s backing on Wednesday 12 February 2020.

MEPs gave their consent to the free trade agreement by 401 votes, 192 votes against and 40 abstentions. The “most modern, comprehensive and ambitious agreement ever concluded between the EU and a developing country” will contribute to setting high standards in the region, and could lead to a future region-to-region trade and investment agreement, said the Parliament, in an accompanying resolution adopted by 416 votes for, 187 against and 44 abstentions. The agreement is “a strong signal in favour of free, fair and reciprocal trade, in times of growing protectionist tendencies and serious challenges to multilateral rules-based trade”, MEPs stressed.

https://www.europarl.europa.eu/news/en/press-room/20200206IPR72012/parliament-approves-eu-vietnam-free-trade-and-investment-protection-deals