MISSION HUNTERNET MINING & ENERGY MISSION TO VIETNAM 2016 Austrade and Hunternet would like to invite you to participate in the Hunternet Mining & Energy Mission to Vietnam 2016 ABOUT THIS MISSION In collaboration with: Through Austrade’s Asian Business Engagement Program, Hunternet is leading a mining and energy trade mission to Vietnam. Vietnam has been one of the fastest growing economies in South East Asia and has its sights set on becoming a developed nation by 2020. Commentators predict continued stable growth of around 6 per cent per annum for the next 3-4 years. This growth forecast, coupled with the significant investment planned to realise Vietnam’s Power Master Plan provides Australian firms with a range of opportunities. This unique mission builds on Austrade and Hunternet’s engagement with the senior Vietnamese mining and energy government delegation that visited NSW in November. Following on from the success of this visit to Australia, Austrade and Hunternet are providing the opportunity for Australian industry, through this mission, to connect with the Vietnamese mining and energy industry and promote Australia’s capabilities to this high growth energy market. Important information Date 28 March – 1 April 2016 Location Hanoi and Quang Ninh, Vietnam Apply by 20 February 2016 Energy Vietnam's future economic growth will depend on securing its energy supply through the development of the coal fired power sector. Vietnam’s Power Master Plan to 2030 outlines a requirement for approximately 67.3 million tons of coal in 2020, increasing to 171 million tons in 2030 to feed into its coal-fired thermal plants. Vietnam is unable to meet this demand based on its domestic supply. It forecasts to import some 12mil tons in 2020, 48 million tons in 2025, and 80 mil tons by 2030. By 2030, 45 out of the total 60 operational coal-fired power plants in Vietnam will rely exclusively on imported coal for power generation. Along with the coal demand, Vietnam requires infrastructure and services to support the thermal power sector including establishing a transhipment port, receiving terminals, logistics and coal blending capability. Who should attend? Australian businesses in: Mining, mining equipment, technology and services Coal supply, coal supply services Infrastructure and logistics services. Mining Apply now at www.austrade.gov.au/MiningEnergyVietnam2016 10 December 2015 Austrade Hunternet Mining & Energy Mission to Vietnam 2016 1 MISSION HUNTERNET MINING & ENERGY MISSION TO VIETNAM 2016 Vietnam is a rich mineral country and a coal producer in the region. The mission will include the chance to participate in the Mining Vietnam Exhibition and Conference 2016 in Hanoi. This leading mining event is well attended by key government and industry leaders, and will provide the opportunity to showcase Australia’s METS delegates’ expertise and gain insight into the latest mining and exploration projects, policies and incentives available in Vietnam. The mission will also involve a coal mine visit and meetings with the large state owned mining company Vinacomin. The program starts from 28 March to 1 April 2016 in Hanoi, Quang Ninh Vietnam with key activities including: Energy Roundtable in Hanoi, METS Roundtable in Quang Ninh, mine site visit, 2 days at Mining Vietnam 2016 Exhibition, Australia Mining Technical Workshop and a formal industry Networking Function. WHY YOU SHOULD PARTICIPATE Develop an understanding of Vietnam’s energy and mining strategy and projects. Hear from local experts and get an update on Vietnam’s current and future plans. Receive support and develop connections with Hunternet, one of Australia’s leading mining and energy industry associations. Increase awareness and develop important connections across Vietnam’s mining and energy industry. Access key industry and government stakeholders, potential buyers, agents and distributors through targeted Roundtable, workshops and networking functions. Visit a major Vietnam mining site and learn of current and upcoming opportunities for Australian METS. Receive on-the-ground assistance from Austrade and its partners and advice on how to successfully enter and operate in Vietnam. Meet and network with potential customers including: o State-owned energy groups o Mining/Exploration companies, contractors o Private and foreign owned companies o Local mining agents and distributors. 20 January 2016 Austrade Hunternet Mining & Energy Mission to Vietnam 2016 2 MISSION HUNTERNET MINING & ENERGY MISSION TO VIETNAM 2016 MARKET INSIGHTS Vietnam’s rising energy demand is placing significant pressures on the sustainable and safe development of the energy sector. Vietnam’s National Power Master Plan VII outlines that the country will need 75,000MW of installed capacity by 2020 and a total investment of around USD79.9bn between now and 2025 (approx. USD52bn towards power generation and the rest in electricity transmission and distribution network). To feed the thermal plants (60 new coal-fired thermal plants are to be built by 2030) as well as the cement, paper and fertilizer industry production, an estimated 48 million tons of imported coal will be required in 2020 and 80 million in 2030 – creating an immediate need for port infrastructure to meet coal import plans for 2016-17 (source: Vinacomin). Coal is set to be the primary source of domestic power generation. The Government is also focused on diversifying its future energy supply mix. Vietnam’s State Owned Enterprises (SOEs), Vietnam Electricity Group, Vinacomin and PetroVietnam presently dominate the market, however, international participation has been encouraged and is on the rise, including Japan, Korea, Malaysia, both through ODA and private sector. The Vietnamese Government is also looking to boost energy interconnectivity with other ASEAN countries, particularly neighbouring Lao PDR. Vietnam’s new Mining Law requires mining companies to include downstream processing and higher value production in the mining licence application, whilst providing a more transparent business and operational environment. Vietnam has significant untapped reserves of coal in the North East basin (approximately 8.8 billion tonnes) and brown coal in the Northern Delta region (approximately 39 billion tonnes). With world-class reserves of bauxite in the Central Highlands (approximately 5.5 billion tonnes), titanium (approximately 500 million tonnes), iron ore (approximately 1 billion tonnes), chromite (approximately 20 million tonnes), and various other minerals such as copper, gold, phosphate rocks, rare earths, limestone and tungsten, Vietnam presents opportunities for processing equipment, technologies and services. A number of major mining operations have been successfully commissioned recently, such as Asian Mineral Resources’ Ban Phuc Nickel Mine and processing plant, Masan Resources’s Nui Phao Mine and processing plant, Vinacomin’s Tan Rai bauxite and alumina plant, in addition to existing operations which are: Besra’s Bong Mieu and Phuoc Son Gold mines and Sin Quyen Copper mine and plant. A range of new mineral projects are either at preparation stage or under construction including Sin Quyen 2 copper plant, Ta Phoi copper mine and plant project, Co Dinh Chromite project, Thach Khe Iron Ore mine project, Nhan Co bauxite and alumina. There have been a number of smelter evaluation projects for existing mines like Ban Phuc, Nui Phao, Ta Phoi, Sin Quyen. A significant aluminium project owned by Tran Hong Quan Aluminium Metallurgical Company Limited commenced in the Highlands of Vietnam in 2014. Vinacomin - Vietnam’s National Coal and Minerals Industries Group which dominates the coal industry in Vietnam, has been preparing for a number of major underground coal mine projects. To meet local power demand, Vinacomin is seeking to improve its capacity and efficiency and to develop new underground mines during the period of 2015-2025. 20 January 2016 Austrade Hunternet Mining & Energy Mission to Vietnam 2016 3 MISSION HUNTERNET MINING & ENERGY MISSION TO VIETNAM 2016 MISSION PROGRAM The program has been designed to maximise the value gained for Australian delegates attending. Note: Program may be subject to change and depending on businesses availability. Date Details Monday 28 March 2016 Arrive in Hanoi, Vietnam Market briefing Dinner by Austrade METS group: Attend Mining Vietnam 2016 Opening and Australian Mining Technical Seminar, attend Hunternet/Austrade stand at the Exhibition Energy group: Meeting program with International and Independent Power Generation businesses Energy group: AM Energy Roundtable with Ministry of Industry and Trade and Government Energy Groups. PM meeting with Vietnam Electricity for more detailed discussion METS group: Attend Mining Vietnam Exhibition and Conference Welcome Function and Networking METS group: AM Attend Mining Exhibition, at 3:30pm leave for Quang Ninh Energy group: AM One on one meeting program with government owned power generation businesses (Vinacomin, PetroVietnam Power), at 3:30pm leave for Quang Ninh Tuesday 29 March 2016 Wednesday 30 March 2016 Thursday 31 March 2016 Stay in Quang Ninh Friday 1 April 2016 Saturday 2 April 2016 20 January 2016 METS group: AM Mining Roundtable and Networking Lunch in Quang Ninh. PM Visit to coal mine in Quang Ninh Energy group: Meeting with Genco 1 (EVN Generation Company in the North) and visit a power plant in Quang Ninh or Haiphong) Leave for Hanoi to fly out or free time to explore Ha Long Bay Austrade Hunternet Mining & Energy Mission to Vietnam 2016 4 MISSION HUNTERNET MINING & ENERGY MISSION TO VIETNAM 2016 COST OF PARTICIPATION The total cost per delegate is based on a mission of a minimum 10 companies. Options Total cost Direct costs Austrade service fee Hunternet members A$7312 A$6512 per delegate includes: $A0* (5 hours @ $275 per hour) includes: (Land Only excludes flights Non-Hunternet members (Land Only excludes flights 20 January 2016 A$5340) A$7721 A$5571) Venue hire, catering and logistics welcome dinners and networking events Refreshments for industry seminar participants Mission program coordination and assistance with logistics arrangements Pre-departure briefing Transportation as per the intinerary Preparation and delivery of in-market sector briefing Interpreter at the Roundtables Accomodation & Breakfast in the various locations Single occupancy accomodation Organisation and promotion of welcome dinner, networking events and industry seminars Expo Stand (Shared with Austrade) Pre-mission marketing to selected potential customers Return Economy Airfares with Vietnam Airlines. (Upgrades or preffered airlines may incur additional cost). Setting up meeting program for energy and METS companies. All taxes included A$6921 includes: Venue hire, catering and logistics welcome dinners and networking events Refreshments for industry seminar participants A$0* (5 hours @ A$275 per hour) includes: Mission program coordination and assistance with logistics arrangements Pre-departure briefing Preparation and delivery of in-market sector briefing Organisation and promotion of welcome dinner, networking events and industry seminars Transportation as per the intinerary Interpreter at the Roundtables Accomodation & Breakfast Single occupancy accomodation Expo Stand (Shared with Austrade) Pre-mission marketing to selected potential customers Setting up meeting program for energy and METS companies. Return Economy Airfares with Vietnam Airlines. (Upgrades or preffered airlines may incur additional cost). All taxes included Austrade Hunternet Mining & Energy Mission to Vietnam 2016 5 MISSION HUNTERNET MINING & ENERGY MISSION TO VIETNAM 2016 *Note: As a participant in Austrade’s Asian Business Engagement Program, Austrade service fees to Hunternet Mission attendees are provided complimentary Additional Details Prices are subject to change, depending on group fluctuation and subject to availiability PAYMENT: Hunternet is coordinating registrations and payment. Full payment is required with payment terms as per the invoice provided upon receipt of the acceptance letter. A non-refundable holding deposit of 30% of the cost is required to make a booking. The quoted prices will be subject to change upon the hotel availability at the time of booking. No reservations have been made until we receive your acceptance of our quotation and instruct Merran Wiggins Travel Managers to make a reservation. Early check-in and late check-out of hotels: If this is required, and within the limits of the mission program schedule, please inform us and we can request the charge or the guests may pay for this at the hotel. Most services in Vietnam such as transport and hotels are transacted in USD. The pricing given is affected by movements in the Australian Dollar. Please be advised that travel Indochina reserve the right to apply a surcharge to pricing without notice. Expo Stand with Austrade to promote your Business to the major platyers in the region (Including a number of high level ASEAN representatives) Please note that this pricing is based on minimum 10 paying passengers travelling together for the land and air components. Should the minimum number of passengers not be reached, the costs given above will need to be revised on a per person basis. These costings are a proposal only and subject to availability at the time of booking. This quote does not guarantee availability of any of the above mentioned services and at this stage, no arrangements have yet been booked or confirmed. This quote should be treated as indicative. You may also be eligible to claim some of your marketing and promotion costs associated with this mission through the Export Market Development Grant scheme. For more information visit www.austrade.gov.au or call 13 28 78. Exclusions: Marketing material, presentations, booklets and translations will incur additional cost (Per Comapany) Visa fees for Vietnam Meals & Drinks not mentioned in itinerary Personal expensesd (Laundry, drinks, telephone, tips) Additional services not listed in itinerary Possesion of adequate travel insurance is a condition of travelling with this mission 20 January 2016 Austrade Hunternet Mining & Energy Mission to Vietnam 2016 6 MISSION HUNTERNET MINING & ENERGY MISSION TO VIETNAM 2016 APPLY BEFORE 20 FEBRUARY 2016 In order to provide the highest level of service to delegates, places are strictly limited. Apply online at www.austrade.gov.au/MiningEnergyVietnam2016. If your application is successful Hunternet will send you an acceptance letter along with terms and conditions and an invoice for payment. IMPORTANT INFORMATION If you are considering this mission, Austrade recommends that you consult ‘Smartraveller’, the Australian Government's travel advisory service, which is available at www.smartraveller.gov.au. Travel advice is updated regularly on this site. Please note that Austrade will only work with clients that maintain appropriate business ethics, and demonstrate a commitment to legal obligations including anti-bribery laws, both in Australia and overseas markets. Review further information on anti-bribery at http://www.austrade.gov.au/Australian/Export/Guide-to-exporting/Legal-issues/Briberyof-foreign-public-officials. KEY CONTACTS To discuss your participation options further, please contact: Hunternet (key contact) Austrade METS Austrade Vietnam Wayne Diemar Project Director Hunternet Isaac Court METS Team Leader Austrade Hoa Nguyen Team leader, Resources & Energy Austrade Vietnam T +61 2 4908 7384 M +61 4 22 348 417 E Wayne.Diemar@hunternet.com.au T +61 2 4925 8777 M +61 4 21 593 354 E Isaac.Court@austrade.gov.au T +84 4 37740314 M +84913238773 E Hoa.Nguyen@austrade.gov.au 20 January 2016 Austrade Hunternet Mining & Energy Mission to Vietnam 2016 7