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Content
Vietnam Economy Overview Vietnam MA
Market Opportunities Difficulties
Investment portfolios TigerInvest
Introduction Q A
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• Currency Exchange
• Interest rate
• Annual Inflation
• Trade Deficit
• FDI
• Growth Rates
• Price of Gold
• Stock Market Index
• GDP
• Price of Oil

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• Increasing spending
• Decreasing profit
• Payment deadline of bank debt
• Affected payment ability

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• Approximately 350,000 enterprises are operating
  in Vietnam now
• 95 is small and medium sized companies
• 30 of them are facing risks of bankruptcy
• around 50,000 newly born annually which are
  facing many difficulties that can affect their
  survival
• The number of equitized SOEs continuously
  increases

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• FDI is growing rapidly (FDI 45,2bil USD, FIDI
  600mil USD in first 7 months of 2008)
• Private economic sector grows rapidly together
  with the growth of capital market
• M A activities enjoyed a boom since early 2007
• From beginning of 2008, local parties demand for
  MA is significantly increasing
• A lot of MA transactions and value have not been
  disclosed
• Due to the unstableness of current market,
  several transactions have been delayed and value
  of many MA deals have been unexpected decreased
• Theres no strategic cooperation of equitized
  SoEs except the deal between Carlsberg and Habeco
• Large corporations have trend to buy or merge
  with small and medium-sized enterprises to extend
  scale

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Experience is your strength
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• M A is the shortest way to penetrate Vietnam
  market
• Distribution system, customers, processes,
  manpoweravailable for use
• Reduce costs and time in starting business
• Tax advantages
• Opportunities of selecting, owning and running
  business with suitable price
• Get knowledge of market, business operation
  through cooperation with a domestic partner
• Achieving economies of scale, reducing employees
  and expenses ? Profit growth.
• Creating opportunities for cross-selling
• Eliminating competition
• Avoid entry barriers

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• Trade barriers
• Local partners are not familiar with the MA
  assess process
• Management boards in local private companies is
  lack of competence
• Financial information is not transparent and
  incomplete
• Price is not exact due to assessment is not
  based on standard method
• Foreign investors have little knowledge of local
  business culture
• Limited time for consideration and decision of
  investment
• Investment structure made by large corporation
  in VN is out of focus
• Investment in real estate from short-term loans
  is high risk
• Problems relating to tax compliance
• Problems relating to foreign exchange

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• Regulation barriers
• Unclear ownership law
• Foreign companies have no permission to set up
  parent company in Vietnam
• Enforcement of corporate investment law is
  still ineffective
• Shortage of data and information in means of
  communication
• Administration procedure is complex and takes
  long time

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• Enterprise Law 2005 Article 153
• Regulations on competition law 30 and 50
• Investment Law 2005 recognize M A as an
  important investment method
• MPI, MoF On-going process of fully legal frame
  for M A activities

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Investment Portfolios
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• Advantages
• Western corridor location
• Becoming midtown-developing area
• 2 sides of road
• Large area
• Good Construction category factors
• Crowded street, few commercial buildings
• High grade of building
• Transparent reporting
• Easy for access

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• Property details
• Type Building of office for lease and rental
  Trading Centre, shopping mall, restaurants
• Land area 5,218 m2
• Construction area 2,293 m2
• Construction density 50.79
• Land utilization efficient 13 times
• Height 35 floors plus 3 underground floors
• Build up area 83,153.7 m2
• Expectation Area for lease 55,708 m2
• (excluding service area for car parking and
  other service 12,177 m2)
• Location Tay Son Street - Dong Da dist - Hanoi
  city
• Construction period 3 years (excluding
  preparation period)
• Completion June, 2011
• Price 60 mil VND/m2
• Current status
• -Construction license Secured
• -Land use right Secured
• -Investment license Secured

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• Property details
• A construction company is calling for
  transferring a real estate project of 4,600m2
  land facing to main street in Hanoi City, Cau
  Giay District (closed to Trung Hoa Nhan Chinh, Le
  Van Luong, Lang Ha street)
• I- Co-operation pattern transfer the whole
  project.
• II- Detail information
• Location facing to main street of Trung Hoa
  Nhan Chinh, Cau Giay, Hanoi.
• Using purpose Twin complex building with 25
  storeys includes offices, commercial center, and
  apartment for sales.
• Construction density 45
• Land utilization efficient 10 times

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Project of 4.600m2 Land facing to Main street in
Hanoi

• Land area 4,600m2
• Number of storeys 25
• Current condition clear, available to transfer
• The advantage of project facing to main streets
  of Hanoi with good location.
• Price 12 mil USD

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• Property details
• Type Building of office for lease and rental
  Trading Centre, shopping mall,
• Land area 3,400 m2
• Construction area 1,750 m2
• Construction density 51
• Land utilization efficient 9.7 times
• Height 19 floors plus 3 underground floors
• Build up area 33,000 m2
• Expectation Area for lease 27,000 m2
• (excluding service area for car parking and
  other service 10,000 m2)
• Location Down Town- Hanoi city
• Construction period 2.5 - 3 years
• Completion June, 2010
• Current status Construction license, Land use
  right, Investment license
• Price 37.7mil USD ( 12.7mil USD 25mil USD)

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• Property details
• Company owns a project of one luxury four - star
  hotel in HaLong Bay. Now we would like to
  co-operate with investors who have strong finance
  and managerial skills in the same sector
• Room capacity using 80 to 90
• Hotel capacity located in 4,000m2, 15 floors
  with 101 rooms, 03 conference rooms, one big
  swimming pool
• Renting land in 50 years (in used since 2003)
• Price 12 mil USD

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Others

• A tea bag manufacturer ( 30 - 49 )
• A securities company ( 30 - 80 )
• Small Industrial zone 45 ha in Que Vo, Bac Ninh(
  100 )
• IT company ( system integration information ) (
  20 )
• Resort ( 30 )
• Power Plant ( 100 )
• Urban development, 30ha next to Posco-Vinaconex
  project ( joint venture )

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THANKS FOR ATTENTION