EU ECONOMIC AND COMMERCIAL COUNSELLORS’ 2003 REPORT
Hanoi, May 2003
INDEX

A.

Recent Economic Developments

B.

Trade

C

Investment (legal environment) and ODA flows

D

Vietnam Business Forum

E.

Prospects

F.

Economic Reforms

G

EU-Vietnam relations – recent developments

SECTORIAL ANALYSIS
1
Garments and Textiles
2
Footwear
3
Fishery Products
4
Agro-Industry
5
Transport
6
IT and Communications
7
Pharmaceuticals
8
Alcoholic beverages
9
Energy
10
Machinery and tools in other sectors
11
Financial Services
STATISTICAL APPENDIX

A1.

EU-Vietnam Trade Balance 1995-2002

A2.

Main EU Exports to Vietnam 1997-2002

 
  Table View
  Sorted Data
  Raw Data

A3.

Main EU Imports from Vietnam 1997-2002

 
  Table View
  Sorted Data
  Raw Data

A4.

EU Exports to Vietnam 2002

A5.

EU Imports from Vietnam 2002

A6.

Vietnamese Imports - Exports 2002 / Top 10 Ranking

A7.

EU FDI in Vietnam

A8.

Euro, Dollar, Dong Exchange Rate 1995-2002

TABLES

B.1

Main Exports of 2002 – Comparison 2002/2001

B.2

EU-Vietnam Balance of Trade 1995-2002

B.3

EU Imports and Exports growth

B.4

EU Exports to Vietnam

B.5

EU Imports from Vietnam

C.1

Investment by Country 2002

1.1

Textile and Garment Export Turnover

1.2

Garment and Textile Import-Export Market 2002

1.3

Garment and Textile Machinery and Equipment Market

1.4

Garments and textiles – Development Plan for period 2005-2010

1.5

Garment and Textile – Vietnam and Vinatex total Investment Capital 2005-2010

4.1

Agricultural Products Exports 2002

10.1

Metalworking Equipment Market Size

FIGURES

A.1

Real GDP Growth

A.2

12 Month Deficit - % change year- on-year

A.3

12 Month Export - % change year-on-year

A.4

Trade of Goods 1997-2002 (estimates)

A.5

Divested SOEs 1999-2002 (November)

A.6

Commercial Interest Rates

B.1

12 Month Deficit

B.2

12 Month Export

B.3

Vietnam’s Exports 2002

B.4

Vietnam’s Imports 2002

B.5

EU-Vietnam Trade 1995-2002

C.1

Investment by Sector 2002

C.2

ODA – Commitment and Disbursements

3.1

Vietnamese Seafood Export

3.2

Domestic Seafood Consumption

GLOSSARY OF ACRONYMS
ADB
Asian Development Bank

ADSL

Advanced Digital Subscriber Line

AFTA

Asean Free Trade Area

AIA

American Insurance Association

ASEAN

Association of South East Asian Nations

BCC 

Business Cooperation Contract

BOT

Build-Operate-Transfer

BP

 British Petroleum

BTA

Bilateral Trade Agreement
C/O
Certificate of Origin

CDMA

Code Division Multiple Access
CEPT
Common Effective Preferential Tariff

CIEM 

Centre for Institutional and Economic Management

CIF

Cost, Insurance, Freight

CNC

Centre of Numeric Control

CPI

Consumer Price Index

 DANIDA 

Danish Agency for Development Assistance

DGPT 

Department General of Post and Telecommunications

DSL

Digital Subscriber Line

EC

European Commission

ETC

Electricity of Vietnam (EVN)

EU

European Union

FAO

Food and Agriculture Organization

FDI

Foreign Direct Investment

FIE

Foreign-Invested Enterprise
GDP
Gross Domestic Product

GoV

Government

GSO

General Statistics Office

GSP

Generalised Scheme of Preferences

HCMC

Ho Chi Minh city

HSBC

Hongkong Shanghai Banking Corporation

IAP

Internet Access Provider

IDA 

International Development Association

IEP

Internet Exchange Provider

IFI 

International Financial Institution

IL 

Inclusion List

IMF 

International Monetary Fund

IMI

Institute of Machinery and Industrial Instruments

IP  

International Post

IPR

Intellectual Property Rights

ISP

Internet Services Provider

IT

Information Technology

JV 

Joint Venture

KT

Korea Telecom

LDC

Less Developed Country

LEFASO 

Vietnam Leather and Footwear Association

MFN

Most Favoured Nation

MPI 

Ministry of Planning and Investment

MPTIT  

Ministry of Post, Telecommunications and Information Technology

NGN 

Next Generation Network

NGO

Non-Governmental Organization

NPL

Non-Performing Loan

NRP

Normal Rate of Protection

NTB

Non-Tariff Barriers

ODA

Official Development Assistance

OLAF

European Anti-Fraud Office

PLC

Programmable Logic Controller
PRGF
Poverty Reduction and Growth Facility

PRSC

Poverty Reduction Support Credit

R&D

Research and Development

SBV

State Bank of Vietnam

SCB

Standard Chartered Bank

SER

Special Economic Region

SME

Small and Medium Enterprises

SOE

State-owned Enterprise

SPT

Saigon Postel

SRV

Socialist Republic of Vietnam

TBT 

Technical Barriers to Trade

TEL 

Temporary Exclusion List

TRIPS 

Trade Related Aspects of Intellectual Property Rights

UCLAF

Anti-Fraud Coordination Unit

 UNCTAD 

United Nations Conference on Trade and Development

UNDP

United Nations Development Programme

USBTA 

United States Bilateral Trade Agreement

VAT

Value Added Tax

WB 

World Bank
VINATEX 
Vietnam Garment and Textile Corporation

VITAS

Vietnam Textile and Apparel Association

VNPT 

Vietnam Post and Telecommunications Corporation

WTO

World Trade Organization

YOY 

  year-on-year
Currencies:
EUR or €  Euro
USD or US$   United States Dollar
VND Vietnam Dong