I4G: March 2010

3/09/2010

DEZA and JETRO cooperates on investment promotion

DEZA and JETRO cooperates on investment promotion
13:21:37.0, 03-09-2010

<http://dungquat.com.vn/dungquat/UserFiles/Image/jetro(1).jpg>
Jetro's delegates were briefed about the master plan of Dungquat

Delegates from Japan External Trade Organization (JETRO) which is a governmental agency of Japan visited Dungquat Economic Zone
Authority (DEZA) office in Van Tuong on 08 March 2010 to research the business environment and investment incentives in Dungquat in
an effort to promote Japanese investment to the central part of Vietnam.

Receiving Mr. Hiroyuki Moribe who is the Chief of Jetro's Hanoi Representative Office and also the Head of Investment Promotion
Committee under the Japan Business Association in Vietnam (JBA), DEZA's leader appreciated the activities of Jetro in strengthening
the economic ties between Vietnam and Japan, and expected to see Japanese investment flow to Dungquat in a near future. At the
meeting, DEZA representative briefed the guests on the current master plan and expansion master plan, history, progress,
achievements of the economic zone as well as the applicable investment incentives. The two sides also discussed and shared their
ideas on the industrial development orientation, labour forces issues, the advantages and disadvantages of Dungquat and the
prospects of Japanese investment flow to this area.

The two parties are expected to closely cooperate in investment and trade promotion activities.

By TVdanh <mailto:%3cDanh%20Tran%20Van%3etvdanh@dungquat.com.vn>

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3/05/2010

Quang Ngai to co-host the national forum on sea brand

11:10:12.0, 03-05-2010

A national forum on Vietnam's sea economy strategy will be held in Quang Ngai in the middle of March 2010 with Quang Ngai People's Committee and Ministry of Natural Resources and Environment as the co-hosts. This forum is the chance for policy makers, scientists, businessmen and sea economic experts exchange their studies and ideas on how to implement Vietnam's sea strategy, especially on how to make Vietnam become a nation who is "strong on the sea and enriched from the sea".

The first Vietnam Sea Brand Forum with the theme "Sea Brand in Vietnam – Connecting local areas to the world" was organized in Quang Ninh Province in June 2009. The forum this time in Quang Ngai will focus on exploring the relations between deep-sea ports and coastal economic zones. More than 200 delegates coming from authorities managing the current 15 coastal EZs in Vietnam, ministries and national agencies, businessmen and sea economic experts will attend the forum to present, discuss and share their studies and their valuable experiences in sustainably exploring the sea and island resources of Vietnam when building deep-sea ports and huge industrial parks along the coast.

Dungquat Port is classified as a national port and a regional gateway in Vietnam's seaports master plan. Most of the presentations will focus on applying "marketing places" theory in building the images and brand of Vietnam's sea and of coastal EZs to promote investment flow and international trade; identifying the importance and the role of deep-sea ports in the formation and development of coastal economic zones and in the development of shipbuilding, shipping, heavy industries; planning and building international airports at the deep-sea port provinces to create major hubs linking Vietnam with the world, and a variety of other topics relating to sea economy, nationally and locally.
Dungquat EZ is located in Quang Ngai which is home to the forum this time.

Historically, the discovery of Dungquat Bay in the Binh Son district of Quang Ngai province is one of the motivations and basis for Vietnam Government's decision to build the first oil refinery of Vietnam here and set up Dungquat industrial zone. The construction of a well-sheltered Dungquat port strengthened by a break-water and a sand-prevention dike later made Dungquat become attractive to investors in the field of heavy industries. In the ongoing scheme to expand Dungquat to a vast area of more than 45,000 hectares, Dungquat Port II which is identified as a potential
berths complex to be developed at MY HAN bay will play the role as the gateway of the expansion zone. This planned port will comprise specialized berths capable of receiving ships of up to 350.000 DWT and general cargos berths accommodating 30.000-50.000 DWT vessels.

According to the Prime Minister's Decision on the master plan of Vietnam port system until 2020, Dungquat Port which includes the existing Dungquat I berths and the prospective Dungquat II berths is classified as a national port and a regional gateway.
By TVdanh