Vietnam Morning News For July 5

Vietnam Morning News For July 5

Vietnam morning news

E-applications for immigration launched
The Department of Immigration has launched a website for enterprises, organizations, and agencies to complete immigration procedures online for foreign employees.
Vietnam EconomicTimes

Unemployment dips slightly in second quarter
In the second quarter of this year, Vietnam recorded a labour force of 54.52 million, of which 53.4 million people aged 15 years or more found work, according to the General Statistics Office (GSO).
VietnamPlus

Finance Ministry rejects LG Display’s plan to increase investment capital
The Ministry of Finance’s (MOF) move to reject LG Display’s plan to increase investment capital by $90 million to $1.59 billion shows state agencies’ concern about possible financial imbalance if foreign-invested enterprises rely heavily on loans.
VietnamNet Bridge

Experts: Garment sector’s export growth not yet sustainable
Vietnam’s garment and textiles export in the first half of the year grew 11.3 percent year-on-year to 14.58 billion USD. However, experts said the growth has not been sustainable yet.
VietnamPlus

PM Phuc presided over meeting for further economic growth
PM Nguyen Xuan Phuc presided over a Government’s regular monthly meeting with local leaders on July 3 in Hanoi.
Hanoitimes

Russian oil company signs MoU with PetroVietnam
ZARUBEZHNEFT, a Russian State-controlled oil company based in Moscow, and PetroVietnam Exploration Production Corporation (PVEP) signed a memorandum of understanding (MoU) on June 30.
Viet Nam News Bizhub

US to partially end anti-subsidy probe into VN nails
In a preliminary conclusion, the US Department of Commerce (DOC) has announced its will partially terminate its anti-subsidy investigations into steel nails imported from Viet Nam, according to report by the Ministry of Industry and Trade (MOIT).
Viet Nam News Bizhub

Find ways to step up EU exports, VN firms urged
Vietnamese firms should step up efforts to boost exports to the EU despite facing several difficulties, a senior official said on Monday.
Viet Nam News Bizhub

Fresh Vietnamese lychees to enter Thai market
The Central Group Viet Nam has shipped the first batch of fresh thieu lychees to Thailand from the northern province of Bac Giang’s Luc Ngan District.
Viet Nam News Bizhub

Pesticide product market dominated by foreign manufacturers
The domestic pesticide market is worth up to $1 billion, but profits all go to foreign companies as 90 percent of products are imports.
VietnamNet Bridge

Local fashion brands face fierce competition with foreign rivals
The influx of foreign fast fashion brands into Vietnam is threatening local retailers’ market share, forcing the firms to move to keep their foothold in the market, Dau tu (Vietnam Investment Review) newspaper reported.
VietnamNet Bridge

Retail sale segment – delicious cake for domestic, foreign banks
Both foreign and domestic banks are racing to develop retail sale strategies in Vietnam, the 93-million-people country-a fertile land for banking retail business.
Vietnam Times

When home isn’t where the heart is: Vietnam plans to ‘export’ unemployed graduates
In a bid to tackle unemployment at home, Vietnam’s labor ministry is drafting a plan to send skilled workers to work overseas between 2018 and 2025.
VnExpress

Hanoi to crack down on fire safety violations
Developers of high-rise buildings that violate safety regulations will not be eligible for future land allocation or land lease, according to the People’s Committee of Hanoi.
VietnamPlus

HN calls for investment in industrial zones, clusters
Ha Noi plans to attract 15-20 new projects with expected total investment of US$250-300 million in industrial zones and clusters in the capital city this year.
Viet Nam News Bizhub

Hanoi to ban motorbikes by 2030 to curb pollution, traffic
Officials in Vietnam’s traffic-choked capital Hanoi vowed on Tuesday, July 4, to banish motorbikes by 2030 to ease environment and congestion woes, a decision that swiftly divided a city where two-wheelers are the main means of transportation.
Rappler

HCMC City Attracts US$ 2.15 billion FDI in Six Months
In the first half of 2017, the city has attracted US$2.15 billion in foreign direct investment (FDI), double the amount from the same period last year.
Vietnam Briefing

Vietnam’s foreign exchange reserves at record level
Vietnam’s foreign exchange reserves have hit a new record, the State Bank of Vietnam (SBV) told the regular government meeting on July 3.
VietnamNet Bridge

CIAS to launch IPO on July 12
Cam Ranh International Airport Service Joint Stock Company (CIAS) will offer over 1.4 million shares as part of the company’s initial public offering (IPO) on July 12.
Viet Nam News

Online Tourism Day 2017 set for July 5
Online Tourism Day 2017 will be kicked off on July 5 in Ho Chi Minh City by the Vietnam National Administration of Tourism (VNAT) and the Vietnam E-commerce Association.
Vietnam EconomicTimes

Vietnam’s conviction of Catholic blogger condemned
International groups including the United Nations have condemned the sentencing of a Catholic blogger and human rights advocate and called upon the Vietnamese government to release her.
UCANews.com

 

Feature photo Lim Ashley
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

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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