Resource Tycoon Reborn

Fang Mingyuan is worried that if Vietnam develops into a modern country with a population of 90 million, a single ethnic group, and strong national power, but has the same idea of ​​controlling China as the United States, Japan and South Korea, and may even become an ally of the United States in Southeast Asia, what will happen to Vietnam?

ASEAN, what will be the outcome for China?

There is also fierce competition within ASEAN countries for ASEAN's dominant position. Malaysia, Indonesia, Singapore, Thailand, and Vietnam, which later joined ASEAN, all hope to occupy a favorable position in ASEAN due to their fields, population, economic strength, military and other advantages.

Dominant position. Although Vietnam's national strength is not outstanding among ASEAN countries, Vietnam's status and influence in Southeast Asian politics have been rapidly increasing over the years! China and Vietnam have historical grievances and realities.

Before these issues are effectively resolved, as Vietnamese society gradually liberalizes, it will become closer to the United States and its allies not only in terms of practical interests, but also in terms of values. If we say

Vietnam has also become a US ally similar to South Korea, which is definitely not a good thing for China. Moreover, Vietnam has a lot of influence on its neighboring countries such as Cambodia, Myanmar, Laos, and Thailand. Its

Its growth will also affect the relationship between these surrounding countries and China.

Of course, Fang Mingyuan has no intention of asking these families not to invest in Vietnam. The world is bustling for profit, and the world is bustling for profit. It is the nature of capital to pursue profits. Vietnam is now regarded as a value depression within ASEAN, with

Rich resources and a large amount of cheap labor, and the long coastline provides it with enough ports, which can be said to have unique conditions for the development of import and export trade. Destroying people's wealth is like killing their parents. Fang Mingyuan does not think that in this kind of situation

In fact, these families in Southeast Asia will listen to their own opinions.

"Well, investing in Vietnam does have many favorable conditions, and Vietnam's future development prospects are indeed worth looking forward to. However, I have a little personal opinion on investing in Vietnam for your reference." Fang Mingyuan said with a smile.

"Master Fang, please speak." Luo Hongyi said quickly.

"When investing in Vietnam, you must pay attention to political risks. Although Vietnam has a relatively stable political situation, the conflicts between the north and south factions in the country are still relatively large. Moreover, it is also famous for being unfriendly to the Chinese. You must beware of this when investing in Vietnam.

! But although you are of Chinese descent, you are all ASEAN countries, so the Vietnamese will not be too hostile to you. As for our Fang family, we will cooperate with Vietnamese companies, but when it comes to large-scale investment, forget it." Fang Mingyuan shook his head and said,

"I don't want to not be able to get back my capital by then. Compared with Vietnam, I am more optimistic about other countries."

"What are you interested in, Master Fang?" Ling Changxuan immediately leaned forward and asked eagerly. They would naturally be more interested in the places and industries that Fang Mingyuan was optimistic about.

"In a short period of time, our Fang family has three investment directions, one is South Korea, one is China, and the other is Cambodia. Among them, Cambodia is a test investment, and the total investment is about US$1.5 billion." Fang

Ming Yuan Road.

"$1.5 billion invested in Cambodia?" Sun Fansheng said in surprise. Among the ten ASEAN countries, Cambodia's economic level can be said to be at the bottom. Even if you look at the world, it is also one of the least developed countries. Moreover, the industrial base there is

Although it has a population of 14 to 5 million, its education level is low and its import and export trade is underdeveloped. Agriculture is its pillar industry. The foreign investment it attracts is only a billion US dollars a year. If Fang Mingyuan were one

Mengzi’s investment of US$1.5 billion will probably make the Prime Minister of Cambodia jump up when he hears it.

However, Luo Hongyi and Ling Changxuan are more concerned about the investment opportunities in South Korea and China mentioned by Fang Mingyuan. The future profits that Fang Mingyuan can take a fancy to will definitely be considerable.

Fang Mingyuan asked someone to bring over a map and pointed at it: "I plan to invest in building a production base of Deguang Electronics Group here. Moreover, I plan to acquire the international airport here and Angkor Air. Our Fang family's

Travel agency companies will also officially launch operations here."

"You want to invest in Sihanoukville Port and also plan to acquire Sihanoukville International Airport?" Luo Hongyi said in surprise, "Does Qinxi Airport Group Company plan to further go abroad?" The place Fang Mingyuan pointed to is the largest airport in Cambodia.

Seaport, the second largest city in Cambodia outside the capital Phnom Penh, is currently the only special economic zone in Sihanoukville in Cambodia!

"As far as I know, Angkor Air has suspended all flights except Baodao due to financial problems." Sun Fansheng said thoughtfully. There are not many domestic airlines in Cambodia, and the number of fleets

Generally less. The Angkor Air that Fang Mingyuan mentioned is a Cambodian airline headquartered at Siem Reap-Angkor International Airport in Cambodia.

"Well, Kowloon Airlines is discussing with them and plans to buy at least 70% of the shares." Fang Mingyuan nodded and said, the economic crisis has also had a great impact on the global aviation industry. Even behemoths like Japan Airlines are facing bankruptcy and reorganization.

For small airlines with only a few planes, life will naturally be even more difficult.

Luo Hongyi and the others couldn't help but take a breath. Fang Mingyuan wanted to completely control Angkor Airways, and then acquired Sihanoukville International Airport. This would give him a stable air transport base in Cambodia. This means

Is Fang Mingyuan optimistic about Cambodia’s future aviation market?

Fang Mingyuan smiled and said nothing. Investing in Cambodia was not the result of his overheating, but also the result of careful consideration. Cambodia's economy is underdeveloped, which is its shortcoming, but it is precisely because of its underdeveloped economy that this place is

It is not taken seriously by companies in developed countries. However, Cambodia is located in the core area of ​​ASEAN. It can be said that with Cambodia as the center, it is very convenient to travel to other ASEAN countries. The relationship between Cambodia and China has always been relatively harmonious, but due to its excessive national strength

Weak, not to mention in the international community, even in ASEAN, we don't have much say.

However, investing in Sihanoukville Port also has many favorable conditions. For example, it is one of the eight cooperation zones that won the bid for the first batch of overseas economic and trade cooperation zones by the Ministry of Commerce of China. It has been favored by high-level officials including the prime ministers of the two governments.

The Sihanoukville Special Economic Zone is of great concern to leaders. Investment here enjoys a series of preferential conditions granted by the Cambodian government, including exemption from many taxes and fees, as well as many conveniences for exporting overseas. It is suitable for export processing enterprises and labor-intensive industries.

and companies that are vulnerable to trade barriers from Europe and the United States.

Cambodia also has a large number of tourism resources, but due to the limited national strength of Cambodia, these tourism resources have not been well developed, and there is no good infrastructure for tourists to visit with confidence, which has wasted these valuable resources. Now Cambodia

The number of foreign tourists received throughout the year is only over 2 million, most of which are from neighboring countries of Cambodia. Among the top five source countries of foreign tourists, only South Korea and China are non-ASEAN countries, and the tourists from the two countries combined

With only a mere 600,000 people, it can be said that it still has great potential for development. Fang Mingyuan believes that if there is a good tourism foundation, Cambodia can attract a large number of Chinese people to travel like Thailand.

The most important thing is how can the icing on the cake compare to providing help in times of need? For Cambodia, whose total GDP is only over 12 billion US dollars, a company with an annual output value of tens of millions of US dollars can be regarded as a large taxpayer. The Fang family is

With an investment of US$1.5 billion in Sihanoukville Port, it will definitely be regarded as a guest of honor by the Cambodian government. And in this way, the country will have greater influence on Cambodia.

"Master Fang, what does Deguang Electronics Group Company plan to produce in Sihanoukville Port?" Ling Changxuan asked.

"We plan to build two rt picture tube TV production lines here first, and we do not rule out continuing to expand production and increase the production of other electronic products in the future." Fang Mingyuan said.

In the process of expansion, Deguang Electronics Group also acquired two TV production companies with an annual output of more than 4 million TV sets, laying a good foundation for its future entry into LCD TV production. With the rapid development of LCD TVs in the domestic market

The share of rt picture tube TVs continues to grow, and the share of rt picture tube TVs continues to be eroded. Although many companies believe that rt picture tube TVs still have vast markets in rural areas and overseas developing countries in China, the management of Deguang Electronics Group believes that the time has come

Taking advantage of Deguang Electronics Group's own LCD panel production capacity, it will accelerate the elimination of rt picture tube TVs and fully switch to LCD TV production.

The rt picture tube TV production lines that were planned to be eliminated were originally intended to be transferred to other companies. However, the domestic rt picture tube TV production lines were already saturated, and overseas manufacturers were keeping prices extremely low. After Fang Mingyuan learned about this, he decided to move these production lines overseas one after another.

Find a place for production and make better use of its waste heat.

Although it is already a matter of time before rt picture tube TVs are replaced by LCD TVs in China, this does not mean that there will be no market for rt picture tube TVs at home and abroad. The vast rural areas in China and overseas developing countries have a strong demand for

The demand for rt picture tube TVs is still quite huge. Last year, China still accounted for the majority of rt picture tube TVs in both domestic and exported TVs. However, Fang Mingyuan believes that the share of rt picture tube TVs in the domestic market will increase over time.

In contrast, the overseas rt picture tube TV market will decline more slowly. Deguang Electronics Group Co., Ltd. took the lead in deploying Cambodia to compete for the overseas market share of rt picture tube TVs.

Moreover, in the domestic production of rt picture tube TVs, raw materials, taxes, labor costs, and land costs are all constantly rising. Due to fierce competition, the prices of both rt picture tube TVs and LCD TVs are constantly falling, which makes the company's

Profits are getting smaller and smaller, and in the next few years, the exchange rate between the Chinese dollar and the US dollar is likely to continue to rise, which will also further increase the cost for companies when exporting.

Move the production line to Cambodia, taking advantage of Cambodia's cheap labor and preferential policies, while avoiding the high tax rates and trade barriers in some countries for RT picture tube TVs exported to China. For example, India, Indonesia, Malaysia and other countries export RT to China

The tariff on complete picture tube TVs is 10%, but the tariff on similar products exported to Thailand is zero. Cambodia not only does not encounter trade barriers such as "double reverse" in developed countries, but also enjoys special trade preferences granted by developed countries such as Europe and the United States.

Policies and additional tariff reductions and exemptions!

Moreover, Fang Mingyuan is not worried about the future. If he can gain a firm foothold in Sihanoukville Port, he can gradually transfer the outdated electronic product production lines of Deguang Electronics Group Company to achieve the goal of replacing birds with new ones, thereby achieving high-end

A pattern in which mid-range product brands are produced domestically and low-end products are produced overseas.