The newsletter from CCIPV - 13 Sep 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.
I hope you had a great Mid-autumn Festival celebration.
We start with the position of the European Union in supporting and encouraging the Iberian-EU gas interconnections. That position comes after German Chancellor Olaf Scholz came out in favour of a pipeline to transport gas from Portugal through Spain and France to the rest of Europe.
Last week, Vietnam is considering building a high-speed railway that runs along the country's length with a possible price tag of up to US$58.7 billion. Read more, here.
Vietnam’s new Cybersecurity Law, which brings some concerns to the business community, was issued by the Vietnamese Government on 15 August 2022 and will become fully effective on 1 October 2022. CCIPV will create a special post with FAQ soon.
Portugal and Vietnam share similarities in the Blue Economy. The Portuguese Blue Economy is in clear acceleration in the last four years (2015-2018): Exports increase 25%, Company’s GVA grows 30% and the Merchant Navy rises 94%. In Vietnam, a national marine spatial master plan is being developed to fuel the sustainable development of marine economic clusters and establish sea-based economic hubs by 2030.
September is the kickoff of events season in Vietnam and CCIPV will be a proud institutional sponsor. Pencil in your agenda the following dates:
More details will be provided closer to the event dates.
Sérgio Pereira da Silva
PORTUGUESE PAVILION AT GEFE 2022
The European Chamber of Commerce in Vietnam (EuroCham Vietnam) and the Chamber of Commerce and Industry Portugal - Vietnam (CCIPV) will host the "Green Economy Forum & Exhibition (GEFE) 2022" from November 28 to 30 at Sala's THISO SkyHall in Ho Chi Minh City.
MY CHOICES THIS WEEK
Vietnam and Southeast Asia find ways to rise amid difficulties
Vietnam and the Southeast Asian region have managed to maintain economic stability and growth despite COVID-19 and the Russia-Ukraine conflict, according to experts.
Vietnam considers a US$58.7 billion high-speed railway
Vietnam is considering building a high-speed railway that runs along the country's length with a possible price tag of up to US$58.7 billion.
European Commission supports, encourages’ Iberian-EU gas interconnections
The position comes after German Chancellor Olaf Scholz came out in favour of a pipeline to transport gas from Portugal through Spain and France to the rest of Europe.
Vietnam to have a national marine spatial plan by 2030
A national marine spatial master plan is being developed to fuel the sustainable development of marine economic clusters and establish sea-based economic hubs by 2030.
Vietnam’s new Cybersecurity Law requiring data localisation to take effect on 1 October 2022
The Law on Cybersecurity, Decree No. 53/2022/ND-CP (“Decree 53/2022”) was issued by the Vietnamese Government on 15 August 2022 and will become fully effective on 1 October 2022.
WHAT YOU NEED TO KNOW SERIES
[what you need to know] About Administrative Violations Against Planning And Investment Regulations
Decree 122 clarifies the definition of organization, and imposes higher administrative penalties for many violations covered by it. It also adds a new sanction for the over-declaration of the charter capital.
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