- 1. Power Generation, Tranmission and Distribution
- 2. Telecommunications Equipment and Services
- 3. Oil and Gas Machinery and Services
- 4. Computer Hardware and Software Services
- 5. Airport and Ground Support Equipment
- 6. Environmental Technologies –Pollution Control Equipment
- 7. Medical Equipment
- 8. Safety and Security Equipment
- 9. Education and Training
- 10. Franchising
1. Power Generation, Tranmission and Distribution
The power sector represents one of the most promising areas for U.S. commercial interests in Vietnam. The Government of Vietnam is seeking to encourage foreign investment in electric generation projects, although the sector remains largely under the control of Electricity of Vietnam (EVN), a state-owned monopoly with 52 subsidiaries, which is in turn overseen by the Ministry of Industry (MOI). ... (Download the report below)
BP - Power Generation, Tranmission and Distribution
2. Telecommunications Equipment and Services
The telecommunications industry (including equipment, services, and related sectors) is one of the top priorities for development by the Government of Vietnam. In 2005, 4.1 million new phone subscribers were added in Vietnam. According to the Ministry of Post and Telematics of Vietnam (MPT), as of December 2005, Vietnam had about 14.69 million telephone subscribers, of which 55.9% were cell phone subscribers. Telephone access is currently available to 99.4 percent of communities in the country, with a teledensity of 17.91 lines/100 inhabitants. ... (Download the report below)
BP - Telecommunication Equipment and Services
3. Oil and Gas Machinery and Services
Vietnam’s oil and gas industry is currently the country's biggest foreign currency earner and a major procurer of imported technology. The rapid expansion of Vietnam’s economy has fueled a surging demand for energy, which is projected to grow at the rate of over 10% annually. ... (Download the report below)
BP - Oil and Gas Machinery and Services
4. Computer Hardware and Software Services
The information technology industry represents one of Vietnam’s fastest growing sectors. A recently published market study by a major private-sector research organization suggested that during the period from 2004-2008, Vietnam’s spending on this sector will rank among the top ten in the world. The Government of Vietnam has articulated its commitment to boosting the development of the ICT industry, particularly in the software production sector, Internet infrastructure, IT education promotion, and other forms of human capital development. ... (Download the report below)
BP - Computer Hardware and Software Service
5. Airport and Ground Support Equipment
Aviation is one of the top priority sectors for development by the Vietnamese government, since it is viewed as a prerequisite to rapid national economic growth. The aviation industry in Vietnam comes under the principal jurisdiction and management of the Civil Aviation Administration of Vietnam (CAAV), a government agency reporting to the Ministry of Transport. ... (Download the report below)
BP - Airport and Ground Support Equipment - Air Traffic Control Systems
6. Environmental Technologies –Pollution Control Equipment
As a result of rapid economic development, population growth, and urbanization, Vietnam faces significant environmental challenges. In 2005, Vietnam's pollution “hot spots” included solid waste, water and air pollution, with water pollution and solid waste treatment being the biggest challenges for the Ministry of Natural Resources and Environment (MONRE). According to MONRE, Vietnam's environmental situation is deteriorating due to a lack of governmental resources to address these issues. ... (Download the report below)
BP - Environmental Technologies - Pollution Control Equipment
7. Medical Equipment
Vietnam represents a potentially large opportunity for U.S. exporters of medical equipment, with a population of 83 million and GDP growth of 7 percent annually. According to the Vietnam Ministry of Health (MOH), the health care system consists of 13,051 facilities with 185,759 beds. These hospitals are generally overcrowded with a bed utilization rate of 15 per 10,000 inhabitants. ... (Download the report below)
8. Safety and Security Equipment
Safety equipment accounts for 60 percent and security equipment accounts for 40 percent of the total market. This industry is experiencing a growing demand in commercial sectors such as construction, commercial and residential buildings, banks, municipal fire prevention and fire fighting, maritime facilities and at airport facilities. A significant portion of the demand for safety and security equipment in Vietnam is tied to the development of foreign-invested construction and manufacturing projects. ... (Download the report below)
BP - Safety and Security Equipment
9. Education and Training
There is a significant demand for educational and training
development in
Vietnam. Strong industrial growth (approximately 15% in 2004 and
2005) and expanding foreign investment is generating the need for
a variety of workplace skills that are currently in a short
supply. ... (Download the report below)
10. Franchising
Franchising in Vietnam is a relatively new phenomenon, but one that offers significant commercial opportunities for American firms. Previously deterred by government restrictions on royalty payments for technology transfer agreements, including franchise license agreements, new laws and regulations are now being formulated that may relax restrictions on franchising activities. ... (Download the report below)