[investment guide] matters needing attention for Chinese enterprises to invest, trade and contract p

Full effect as China free trade agreement, "area" the strategic policy of all countries continued to deepen, Vietnam to join the TPP and FTA signed free-trade area, etc., Vietnam has become a highlight of the foreign capital enterprise investment, then more and more Chinese enterprises have to invest in the factories, so the more Chinese enterprises in investment, trade, contract engineering should be paid attention to what?


Investment in

一、Carefully carry out research and market investigation to avoid blind investment.

二、Fully understand Vietnam's laws and policies on absorbing foreign investment and investment environment.

三、Try to set up factories in the form of sole proprietorship. If you set up factories in the form of joint venture with Vietnam, you should have a deep understanding of Vietnam's partners and seek for partners with good reputation.

四、 Strengthen the prevention of investment risks, and go through the approval procedures for domestic and foreign investment according to the regulations.

五、Send business personnel with strong ability, high quality and good foreign language (Vietnamese or English) to Vietnam to carry out work.

六、pay attention to handle the relationship with partners and local departments concerned, pay attention to internal coordination.

七、Abide by the laws, regulations and relevant regulations of Vietnam and operate in accordance with the law.

八、do well the production management, set up quality win the management idea.

九、Keep in touch with the Chinese embassy in Vietnam (department of business affairs), and regularly report to the department of business affairs on the production, operation and management of enterprises. Report any major problems to the embassy in time.

Trade

一、We must resolutely implement the strategy of "winning by quality" and put an end to fake and inferior commodities. Some Chinese enterprises ignore the quality requirements of Vietnamese exports, which not only affects the image of Chinese goods in the Vietnamese market and deepens the prejudice of Vietnamese consumers against Chinese goods, but also often causes disputes due to quality problems, causing economic losses to enterprises. In recent years, Vietnam's economic level has been improving rapidly, and the quality of its products has been improving rapidly. Chinese enterprises must strictly control the quality of their commodities and attach importance to appearance and style, so as to meet market demand and maintain the reputation of Chinese commodities in Vietnam.

二、We should carefully select partners, strengthen risk management and prevent losses. Vietnam now has over 1,500 state-owned enterprises, over 200,000 private enterprises and over 4,000 foreign-funded enterprises, among which state-owned enterprises are mainly divided into central enterprises and local enterprises. State-owned enterprises directly under the central government of Vietnam occupy an important position in various industries, with relatively strong strength, relatively secure capital and relatively small risk of cooperation with them. Vietnam has a large number of private enterprises with different reputations. Although they operate flexibly and make decisions quickly, they are small in scale and weak in risk resistance. Some private enterprises even commit vicious frauds in cooperation with Chinese enterprises.

三、To standardize the operation, strictly discuss the contract in each link of the trade process should be rigorous, especially for the terms of quality, transportation, delivery, settlement, dispute should be carefully discussed, carefully examined, to avoid loopholes. It is suggested that l/c shall be adopted for settlement. The options are Bank For Foreign Trade, Bank of Agriculture And Rural Development, Bank of Investment And Development or Industrial And Commercial Bank of China (601,398 shares) Vietnam and other reputable Banks, as the issuing bank, should pay special attention to preventing the other party from adding terms inconsistent with international practices in the terms of the letter of credit. In addition, should strictly in accordance with the contract, in the quality of goods, transport delivery, documentation and other links must be rigorous, to prevent loopholes, resulting in economic losses.

Contracting

一、In recent years, Vietnam has attached great importance to infrastructure construction, especially in the fields of transportation, electric power, fertilizer, cement and communications. After years of efforts, Chinese enterprises are gradually opening up the market of project contracting in Vietnam. Chinese engineering technology and complete sets of equipment are gradually recognized and accepted by Vietnam, especially in the fields of hydropower, thermal power, communications, cement and fertilizer, etc.

二、The labor market in Vietnam should be localized. The overall quality of labor is improving, and the overall quality of labor is improving. The cost is relatively cheap. In the future, Chinese enterprises in Vietnam should focus on engineering design and construction management, hire more local personnel and carry out localized operation.

Labor cooperation

一、Due to the adjacent geographical location and convenient communication between the two countries, some intermediaries take advantage of the low fees to privately carry out labor export business to Vietnam, which is prone to problems and causes losses to labor personnel. According to the regulations of the ministry of commerce, ministry of foreign affairs and other relevant ministries and commissions, only companies that have obtained the qualification of dispatched labor personnel can dispatch labor services to other countries.

二、Vietnamese law stipulates that foreign workers who have worked in Vietnam for more than three months must apply for a labor permit. To apply for a license, a health certificate issued by a provincial or national hospital, a non-criminal certificate issued by the local police station, a certificate of technical ability and other documents are required. The whole procedure will take about 2 months (including domestic notarization and certification).