Vexed auto industry scrambles to comply with new decree
Most of the domestic auto industry went into a tizzy when Decree 116 tightening controls over the import and assembly of cars was issued in October, and days away from its official implementation, the worries and divisions remain.
Vietnam’s 2017 FDI inflow rises 10.8%
Vietnam received an estimated $17.5 billion (573 million baht) in foreign direct investment (FDI) in 2017, up 10.8% from the previous year, the government’s ministry of planning and investment said.
— Bangkok Post
Where To Now For the CPTPP?
The Trans-Pacific Partnership (TPP) Ministerial Statement on November 11, 2017 in Vietnam was a big relief for the remaining 11 members of the TPP, especially for Japan and Australia, who have spearheaded the new agreement after the United States’ exit.
— AEC News Today
Vietnam Rubber Group’s equitisation plan approved
Deputy Prime Minister Vuong Dinh Hue has approved an equitisation plan of the Vietnam Rubber Group (VRG).
Vietnam’s dairy giants export milk to China
Dairy giants Vinamilk, TH true Milk, Nutifood and Anova Milk are rolling out ambitious strategies to export their products to China, a market with 1.4 billion people.
‘Made in Vietnam’ Export Boom Defies Trump’s Trade Threats
From mobile phones to furniture, Vietnam’s export boom shows no signs of losing steam, defying a gloomy outlook at the beginning of the year when U.S. President Donald Trump persisted with his trade threats.
VN Government to sell remaining stake in Sabeco
Head of the Ministry of Finance’s Corporate Finance Department Dang Quyet Tien has announced that the government will sell the remaining 36% stake in Sabeco.
— VietnamNet Bridge
First batch of Vietnamese star apple exported to the US
Vietnam has become the first country to export fresh star apple to the United States, after the first batch of the fruit from the Mekong Delta province of Tien Giang was exported to the market on December 26.
— Nhan Dan Online
Vietnam unveils 10,000-strong cyber unit to combat ‘wrong views’
Vietnam has unveiled a new, 10,000-strong military cyber warfare unit to counter “wrong” views on the Internet, media reported, amid a widening crackdown on critics of the one-party state.
— Reuters/Business Insider
Investors show interests in Vietnam
More and more investors and large economic groups have shown interest in the Vietnamese market due to the success of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in November.
— VietnamNet Bridge
Vietnam’s non-performing loans ratio stands at 9.5% in 2017: NFSC
The non-performing loans ratio of Vietnam is predicted to stand at 9.5% in 2017 which is almost four times higher than the ratio reported by the banking system, according to the National Financial Supervision Commission (NFSC).
— Nhan Dan Online
Vietnam Airlines to reduce State ownership to 51 percent
Vietnam Airlines plans to reduce State ownership to 51 percent of the charter capital in the next three years.
Viet Nam’s pharmaceutical sector expected higher growth
Viet Nam’s pharmaceutical market is estimated to record revenue of US$5.2 billion in 2017, a 10 per cent increase from last year.
Real estate & construction enterprises up sharply
The number of real estate and construction enterprises rose sharply in 2017, by 62 per cent against 2016, with registered capital rising 66.5 per cent.
— Vietnam Economic times
MOIN touts fast money transfers for Vietnam debut
THE K-ICT Born2Global Centre, a South Korean government agency under the Ministry of Science, ICT and Future Planning (MSIP), yesterday said that MOIN, one of its member companies, would launch a fast money transfer service in Vietnam in the first quarter of 2018.
— The Nation
Technology ecosystem for restaurants introduced
Dcorp R-Keeper to provide technology solutions for the F&B sector.
— Vietnam Economic Times
Feature photo Asian Development Bank
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Vietnam morning news by AEC News Today is your one stop source for Vietnam news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies, not politics.
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