The newsletter from CCIPV - 22 Aug 2022
The Bulletin Edition is a weekly newsletter from the Chamber of Commerce and Industry Portugal - Vietnam that provides a well-appointed briefing on the latest news, offering a unique and informed view and a swathe of recommendations from our experts about Vietnam and Portugal. We provide industry insights and considered reporting from across both countries. Stay informed and inspired with our bulletin.
Welcome to the last but one issue of The Bulletin Edition of August!
We start with the Vietnamese economy. According to Michael Kokalari, chief economist at VinaCapital, one of the country’s leading investment management and real estate development companies, Vietnam is likely to grow 10% year on year in the third quarter of this year, driven by strong domestic consumption.
Last Wednesday, the deputy industry minister said that Vietnam will need an investment of between $8 billion and $14 billion a year through 2030 to develop new power plants and expand its
grid. It is an optimum opportunity for European/Portuguese FDI.
In regards to food regulations and food safety, you can read here the latest amends, supplements and repeals of several legal Vietnamese documents, notified by WTO on July 29 to Vietnam.
If your intention is to visit Vietnam soon, do not miss here the most relevant information on getting electronic visas for smooth entry.
Last, but not least, the Portuguese Grand Prix will be the opening event of the 2023 Motorcycle World Speed Championship, with the MotoGP, Moto2 and Moto3 categories. Will be a good opportunity to visit Portugal.
Sérgio Pereira da Silva
MY CHOICES THIS WEEK
Vietnam to Amend a Number of Food Regulations
Notified by WTO on July 29, Vietnam is to amend, supplement and repeal a number of legal documents on food safety.
Vietnam needs $8 billion-$14 billion power investment a year through 2030 - minister
Vietnam will need an investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry minister said on Wednesday.
Portugal chose to open MotoGP season
The Portuguese Grand Prix will be the opening event of the 2023 Motorcycle World Speed Championship, with the MotoGP, Moto2 and Moto3 categories.
The Vietnamese economy is likely to grow 10% in Q3: VinaCapital
The Vietnamese economy is likely to grow 10% year on year in the third quarter of this year, driven by strong domestic consumption, according to Michael Kokalari, chief economist at VinaCapital, one of the country’s leading investment management and real estate development companies.
WHAT YOU NEED TO KNOW SERIES
[what you need to know] E-visa tips for foreigners wanting to visit Vietnam
With Vietnam reopening its borders after more than two years and lifting most Covid restrictions, here are some tips for foreigners on getting electronic visas for smooth entry.
[what you need to know] DRAFT LAW ON PROCUREMENT
The draft aims to achieve better competitiveness, fairness, transparency, and economic efficiency in the management of the State budget. The selection methods of bidders and investors will be amended as well as the process and procedures to select bidders and investors.
GET TO KNOW
Learn Center - Virtual Depository Information
CCIPV website has a dedicated page here with several documents related to different matters of business in Europe, Asia and in particular Vietnam and Portugal. It is a collection of free and public information from third parties.
Here are the latest documents:
THE 30 MINUTES TALK
CCIPV has at your disposal a free service of 30 minutes talk about the Vietnamese and Portuguese market, provided by a qualified and bilingual team of Portuguese and Vietnamese with extensive professional experience in several countries. Take the opportunity to use the below free of charges services.
BE A MEMBER
Dual Membership With a strong component to support companies in their internationalization, the CCIPV team has been part of the process of operations in a market, whose full potential remains to be explored. CCIPV has the knowledge, contacts, and resources to support the internationalization of your business, both in Vietnam and Portugal. ALL MEMBERS OF CCIPV ARE AUTOMATICALLY MEMBERS OF EUROCHAM VIETNAM