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Is VIETNAM the new hot spot for sourcing?

02-03-2006   


 


 


 


 


 


The Vietnamese economy is developing at a phenomenal rate and is ready for UK investment and The Innovatory based at 239 Old Street London EC1V 9EY are organising a trade mission on 26th– 28th April 2006. There will be a Trade and Investment Fair at New World Hotel, in Ho Chi Minh City, Vietnam for UK businesses, in partnership with the Vietnam Chamber of Commerce and Industry, and supported by the EU delegation to Vietnam. A financial package of support is available from The Innovatory for EU based companies, which is co-financed by the EU Asia Invest Programme.


 


The special financial package for eligible companies includes a four night trip with five star luxury accommodation (very nice too!)  at the conference hotel between 25-30 April 2006. The flight and hotel B&B price is £260.00 for four nights (later return flights can be arranged at no extra cost).


 


The price includes attendance at the conference and evening banquet on 27 April 2006.


 



 


Here are some juicy morsels of facts for you to consider:


Ho Chi Minh City:


·         Growth rate of 10.2% per annum


·         Best infrastructure in Vietnam, it has a modern transportation and communication system


·         It is ready to trade with UK SMEs


·         It is expanding and privatising its financial markets


 


If you have a business within the following industry sectors please contact The Innovatory at the details below:


 


Handicrafts & Furniture


Shoes & Leatherwear Textiles – IT (including Media and Design)


 


To encourage bi-lateral trade and UK investment in Vietnam, The Innovatory is working in conjunction with the Vietnamese Chamber of Commerce (VCCI) and the EU delegation in Vietnam to develop business opportunities in Vietnam and help build strong business relationships between the two countries. The Innovatory is running a selection of workshops about trade and investment in Vietnam, which will culminate in the Trade Fair on 26th– 28th April 2006.


 


Benefits of taking part in the trade visit to Vietnam:


 


·         Experienced and knowledgeable business advisors, with specialist local knowledge who can help advise your business on how best to take advantage of the opportunities in Vietnam


·         Excellent networking opportunities, with the Innovatory on hand to help you


·         A trade event brochure will be published, advertising all participating trade event members, which will be circulated widely across Vietnam and the UK



  



 


For more details about how you can exploit the business opportunities of international trade with Vietnam contact: Rita Courtney T: 020 7553 3036, Email: rita@theinnovatory.com  


The Innovatory, 239 Old Street, London, EC1V 9EY


 


 


Jenny Holloway


Industry Advisor


 


Vietnam/EU Creative Industries & IT


Trade and Investment Fair


Ho Chi Minh City April 2006


 







Key sectors:      1         Handicrafts & Furniture


  2        Shoes & Leatherware


  3        Fashion & Accessories


  4        Textiles


  5        IT (including Media and Design)


 


Name of Applicant Company


 


 



 


·          Please type your answers and return to the project manager.


 



 


· Application forms must be returned by 23rd March


           


(Please note that there are  40 financial packages available to eligible participants on a first come, first served basis)


 








The Innovatory

Part 1: 


(1) Organiser/ Project Lead Partner


 








239 Old Street


London


EC1V 9EY


 

(2) Address









 


 


 


 


 


 








Project contact: Rita Courtney
 


 


 


 








Telephone (inc. STD code):              + 44 (0) 20 7553 3036                       

 


 



 


 








Fax (inc. STD code): +44 (0) 20 7251 3130


                                                                                                                                                                                                                               

 


 


 








E-mail:   rita@theinnovatory.com

 


 


 








Project website address:  www.viet2006.com

 


 


 


 


 


 


 



 








Ho Chi Minh City 26-28 April 2006

(3) Event date


 


 


* The term ‘Creative’ refers to a business involved in any aspect related to creative practice, such as: art, photography, media, publishing, design etc.


 


 


Part 2: (To be completed by Applicant)


 


 


Formal acceptance of your application will be confirmed to you by the Project Manager following acceptance of eligibility by the local project steering committee operating in either UK or Vietnam


 


 








 

(4) Name of Applicant Company:                                                    


 


 








 


 


 


 


 


 

 



 


(5) Company address


     (please include postcode)


 


 


 


 


 


                                                               


 


 


 


 








Company Registration No:

 


 


 


 








Telephone (inc. STD Code):

 


 


 








Fax (inc. STD Code):

 


 


 








E-mail:

 


 


 








Website address:

 


 


 








 

 



 


(6)  Company representative


      and position








 

 



 


      Name of parent or holding


        company (if applicable)


 


 


 


(7) About your company


 







 


Q1. Which of the following key sectors is your business operating in?


                            1      Handicrafts & Furniture


  2        Shoes & Leatherware


  3        Fashion & Accessories


  4        Textiles


                            5         IT (including Media and Design)                                         ——————–


               


Q2. What is the registration date of your business, or when did it start trading?         ——————–


 


Q3. What is your company’s annual turnover (Please state in UK £/Euros or US$)?     ———————                                               


 


Q4. How many staff do you employ (including part time staff and volunteers)?              ——————–


 


Q5. Is your business currently trading internationally at all?                                             ——————–


 


Q6.  Is your business seeking international trade or investment with Vietnam?   ——————–


 


 


 (8)  Please state your main objectives for participating in this event and any other information about your business of relevance to this application.   (Max 30 words)








 

 


 


 


 


 


 


 


 


 


 


 



 


 (9) Please provide a description of your business for the event brochure. (Max. 40 words)








 

 


 


 


 



 


                                                                                


 


 


 


 


 


 


 


 


(10)   Has your company visited Vietnam before? If so, how many times? 


 


  ——————————————————————————————————


               






 








 

(11) We can assist your business in a number of ways in trade with Vietnam.  This can include arranging a meeting with prospective partners, plant/site visits, providing a market research report, interpreters and providing contacts.  Please state, in the box below, what sort of assistance, if any, you might be interested in. 








 


 


 


 


 


 

 


 


 


 


 


 


 


 


 


 



 


NOTES & CONDITIONS


 


Conditions of the Event are:


 


1.       All Companies or businesses must be EU-based and promoting bi-lateral trade and/or investment.


 


2.       Only one representative per company or business may receive a financial package although others are welcome to participate at their own expense.


 


3.       The financial package will be available from The Innovatory for EU based companies (co-financed by the EU Asia Invest Programme).


 


4.       A special financial package for eligible companies includes a four night trip with five star luxury accommodation at the conference hotel between 25-30 April 2006. The flight and hotel B&B price is £260.00 for four nights (later return flights can be arranged at no extra cost) the price includes attendance at the conference and evening banquet on 27 April 2006.


 


 


5.    In order for participants to be eligible for the financial package they must:


 


i.     Have fewer than 250 employees


 


ii.     Have an annual turnover of less than €40m (£25m)


 


iii.    Attend two workshops and a briefing meeting in the UK before travelling. 


 


iv.    Attend the conference day


 


v.     Complete and return a questionnaire at the end of the event.


 


vi.    Send a cheque for the full amount payable to ‘Hoxton Bibliotech’ for £260.00, which contributes to the Financial Package and secures the Event booking. The cheque will be deducted from the overall package cost. The cheque is due once eligibility and acceptance has been confirmed by the Project Manager, following Steering Group approval.


 


6.     Market visit support is classed as a state aid and is therefore subject to EU regulations governing state aids.  While the EU strongly regulates state aid to businesses we have the option to exempt some aid under the EU’s De Minimis block exemption scheme. This permits no more than euro 100,000 in total to be received by an enterprise in a 3 year period.  You must therefore use the table at the end of this form to confirm that your business has not received more than that amount of state aid in the 3 year period leading up to this application.  You should use the table below to tell us about any state aid you have received over the relevant period and include the grant for which you are currently applying in the table.


 


7.     Companies who are receiving a travel grant from any European sources of funding in respect of this event may not claim an additional financial package.


 


8.     The Innovatory reserves the right to withhold any or all of the financial package or require part or full repayment of any financial package already paid if any participant: ceases trading; goes into liquidation, administration, receivership or bankruptcy; becomes the subject of a proposal for a winding up order or any other informal insolvency procedure; is or becomes indebted to any government department.


 


9.     The Innovatory reserves the right to withhold any or all of the grant or require part or full repayment of any grant already paid if any participant: fails to comply with the conditions of the Scheme or causes embarrassment to Her Majesty’s Government in the UK, the host country or other participants of the group. 


 


Although participants are normally free, having observed these conditions, to arrange their own business itineraries please note that the scheme is about group participation.  Members can obtain real benefits from opportunities to network with each other.  We hope that you will therefore participate within the spirit as well the rules of the event and take part, wherever appropriate, in joint calls and hospitality.  The Innovatory and VCCI can provide you with details.  Your involvement in any debriefing session at the end of the market visit also provides The Innovatory, VCCI and partners with invaluable feedback.


 


Applicants are encouraged to take full advantage of all practical sources of help and advice in preparing for this market visit.  The better-prepared participants are the better value-for-money they will gain.  Any UK-based briefing meeting held before departure by us and partners can help in this respect.  Also, apart from information held on our website, www.theinnovatory.com or www.asiatrade2006.biz ,a wealth of help is available from overseas networks.   You can obtain details from:


 


·          Business Link Partnerships in England Tel: 0845 600 9006


·          Scottish Enterprise Tel: 0141 248 2700. Website: www.scottish-enterprise.com


·          Wales Trade International Tel 029 20801046. Website: www.wales.trade.com


·          Invest Northern Ireland Tel: 028 902390903. Website: www.investni.com


 


I confirm that:


§          I have read and understood the notes and conditions of the event above and that I wish to apply for financial support


§          I have not applied for or received any other European Union grant in respect of participation in this event


§          I confirm that this business has not received State Aid in total (to include this offer of assistance) greater than €100,000 over the 3 year period leading up to today’s claim.


§          If accepted for inclusion in this event I agree to observe and comply with the conditions laid down by The Innovatory and VCCI


 








 







 

Signed                                                                                                                   Date


                                                                                                                                            








 

Name (BLOCK LETTERS)


 


 


 


STATE AID RECEIVED OVER THE LAST 3 YEARS (please complete if applicable)


 

























Date


 


Nature of Aid


Funding Body


Amount £


 


 


 


 


 


 


 


 


 


 


 


 




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