EXHIBIT VISTT

VIETNAM MARKET

In recent two years, more and more water treatment chemicals manufactures choosed CHEMVINA to enter Vietnam market, divided into two kinds of products: one kind is for industrial water treatment agent, disinfectant, one kind is for aquaculture disinfectant, fungicide. Because of Vietnam's aquaculture industry rapid development over the past two years, aquaculture water treatment chemicals demand presents the fast growth.


From exhibitors questionnaire can be seen that the two types of enterprises in the exhibition got more purchasers, whose intention mainly concentrated in the middle or low level water treatment agent, and products with cheap price.


Background:

Vietnam industrial zone develops very fast in recent years, in 2002 the national only 80 industrial zone, as of the end of July 2008, got to 186. The industrial area is mainly distributed in Vietnam southeast, red river and central plains or coastal areas. Now smoke and waste water produced by the industrial pollution has reached a serious level. Now 70% of the industrial zones had not wastewater treatment facilities, 90% of productive enterprises will waste directly into the landfill. Each year over 12757 enterprises and 186 industrial zones produce 220000 tons of industrial waste, industrial waste water of 47.2 million cubic meters.


Vietnam every year, 30% of the water is acidic, in some regions of the northern part of the country even reached 50%. Most of the waste generated from the Vietnam textile and garment industry of dyeing and weaving department, due to the dyeing and finishing of fabric need to cost a lot of water, at the same time will produce large amounts of fiber cotton cloth in weaving. In terms of foreign exchange income and production, textile and garment industry is one of the biggest industries in Vietnam. Therefore the government required for prevention and control of pollution to dyeing and finishing industry. Worryingly, accounting for over 65% of the total wastewater from Vietnam textile and garment industry so far, there is no related processing method to prevent from pollution and damage to the environment.


Vietnam is currently increasing penalties for polluting enterprises and individuals, businesses and individuals who discharge sewage, once found will be subject to heavy penalties. In order to urge the polluting enterprises to take measures as soon as possible, the Vietnamese government starts from January 2004 to impose high pollution enterprise of discharge fee. Discharge fee is according to the amount of pollutants and waste.


According to the Vietnamese business newspaper, reported on December 31, 2009, according to preliminary statistics, in 2009, 1300 organizations, 4545 cases in violation of environmental laws rose by 400%. Among them, the environmental pollution case in 594; In violation of the provisions of hazardous waste treatment 322 cases; Transport waste to Vietnam 21; 812 for invasion and destruction of natural resources and 628 In violation of the incidents of food safety and health; Therefore, Vietnam in 3401 cases of illegal case, 1057 organizations and 1919 individuals for administrative penalty; 79 polluting enterprises were closed down or forced migration; 79 cases, a total of 109 individuals were sued for judicial inquiry.