collapse

Author Topic: Why investors leaving Philippines for Vietnam 2018  (Read 329 times)

0 Members and 1 Guest are viewing this topic.

Offline Qu Đơn

  • Hero Member
  • *****
  • Posts: 7406
  • Karma: +27/-15
Why investors leaving Philippines for Vietnam 2018
« on: February 07, 2018, 07:48:23 PM »
http://news.abs-cbn.com/business/02/02/18/why-some-investors-choose-vietnam-over-philippines

MANILA - Some foreign investors choose Vietnam over the Philippines due to concerns over infrastructure and ease of doing business, a European trade group said Friday.

The Philippines and Vietnam lead Southeast Asia in terms of economic growth and are expanding at clips that challenge China and India.

The Philippines has competitively priced and available skilled labor but it needs to improve its infrastructure and make customs regulations more business-friendly, European Chamber of Commerce of the Philippines president Guenter Taus said.

"If you look at the figures and the rise of Vietnam, there’s certainly more investments coming in to Vietnam than to the Philippines," Taus said.

"We’re way off, away from everyone. The typhoon, geopolitical issues, and relations of EU to the Philippines in comparison with other countries, if you look at the level of corruption and state infrastructure if you factor all of these in, we are certainly at the lower end of the choice for people to come in," he said.

Taus is scheduled to visit Vietnam next week to "compare notes."

"I want to understand what do they do different, we’ll do some shopping around to understand what the underlying issues are, what do they do better than we do,” he said.

Earlier, EU Ambassador to the Philippines Franz Jessen said European businessmen were on a "wait and see" when it comes to investing to the country.

 
Name: Email:
Verification:
Type the letters shown in the picture
Listen to the letters / Request another image
Type the letters shown in the picture:
What is the previous name of Hochimich city?:

* Recent Posts

just bought an obi belt by Lavender
[Today at 07:44:21 AM]


Koreans now call each other Malaysian or Mexican as insult WTF! by Lavender
[Today at 07:36:34 AM]


Most entertaining fight EVAH! between Vietnamesoid and Mongoloid by IronTree
[Today at 01:35:40 AM]


The Chinese Problem: Invasion Of The West by JA DU ( transracial)
[Yesterday at 07:46:51 PM]


Is this child labor or animal abuse? by Lavender
[Yesterday at 06:43:03 PM]


Vietnamese kids eat rice with salt to digest algebra, poor but industrious by Lavender
[Yesterday at 06:41:32 PM]


This Vietnamese hairstyle will catch on in 2 months by Lavender
[Yesterday at 06:39:58 PM]


Me scratching my scrotum why Thu Minh is even famous by Lavender
[Yesterday at 06:39:02 PM]


Lee´s Sandwich just Vietnamized the Roast Beef sandwich by gaden
[Yesterday at 05:08:35 PM]


Vietnamese movie props getting more upscale by Qu Đơn
[Yesterday at 01:24:09 PM]


Are most Hanoi girls under 5 foot tall? by Lavender
[Yesterday at 01:18:17 PM]


Vietnam finally ratifies trans-Pacific Trade Agreement by Lavender
[Yesterday at 11:42:44 AM]


Vo Vi Nam vs Tae Kwon Do by Qu Đơn
[Yesterday at 08:33:43 AM]


Super pissed off because the person below me cooks delicious smelling food by Qu Đơn
[Yesterday at 08:22:20 AM]


Fun game for lurkers: Guess left girl´s ethnicity by Qu Đơn
[Yesterday at 08:18:12 AM]


Vietnam is snowing but Viets are going bare chested by Qu Đơn
[Yesterday at 08:17:45 AM]


AFF 2018 Philippines Beat Singapore by Selurong
[Yesterday at 06:58:25 AM]


Expert Vietnamese Quesadilla by Qu Đơn
[Yesterday at 06:49:37 AM]


Are these Chinese child actors now totally screwed up? by Qu Đơn
[Yesterday at 06:46:02 AM]


9 out of 10 Chinese youths wear glasses by Qu Đơn
[November 13, 2018, 08:09:10 PM]


Trump´s The Build Act to counter China´s Road Belt Initiative in ASEAN by Qu Đơn
[November 13, 2018, 08:06:37 PM]


Would China get a Nobel Peace Prize if China sends all the Uyghurs to UK ? by Qu Đơn
[November 13, 2018, 07:57:59 PM]


I think the kitchen is the only indispensible room in my house by Qu Đơn
[November 13, 2018, 06:23:14 PM]


my grammer is crappy beause of auto correct.. by gaden
[November 13, 2018, 05:04:57 PM]


How does cháu đích tôn work? by gaden
[November 13, 2018, 05:02:53 PM]

* News Feeds