Vietnam Morning News For November 13

Vietnam Morning News For November 13

Vietnam morning newsTransparent policies needed to draw foreign capital
According to the State Securities Commission (SSC), the local market is valued at US$124 billion and has been among the seven fastest-growing in the world in the past two years.
— VietnamNet Bridge

Vietnam, US firms sign MoUs during Trump’s visit
Vietnamese and US companies on Sunday signed memorandums of understanding on gas development, automobiles, as well as aircraft engine purchase and support during US President Donald Trump’s visit to Vietnam.
— Bangkok Post

Electricity prices to rise by lowest level
Deputy Prime Minister Vuong Dinh Hue has asked the Ministry of Industry and Trade (MoIT) to quickly complete its plan to raise electricity prices by the lowest level.
— Vietnam Economic Times

Budget revenue meets 80.2% of the year’s estimate during Jan-Oct
Vietnam’s total budget revenue reached VND972.6 trillion (US$42.8 billion) in the first ten months of 2017, equivalent to 80.2% of the year’s estimate and up 13.8% compared to the same period last year, announced the Finance Ministry (MOF) on November 10.
— Nhan Dan Online

Hà Nội apartment prices decline
Prices of apartments in the local market in the first 10 months of the year witnessed a downward trend, Ha Quang Hung, deputy director of the Department Housing Management and Real Estate Market under the Ministry of Construction, said.
— Bizhub

Vietnam highly entrepreneurial country: OECD official
Vietnam is a highly entrepreneurial country, and rapidly modernising, said Phil O’Reilly, Chair of the Business and Industry Advisory Committee to the Organisation for Economic Cooperation and Development (OECD).
— VietnamPlus

Government bond market experiences sluggish sales
A sluggish period seems in store for the Government bond market.
— Viet Nam News

Vinamilk sells 3.3% to a foreign investor for $396.5m
Vietnam Dairy Products JSC (Vinamilk) on Friday said that it has sold 3.3 per cent stake in the enterprise to an undisclosed foreign investor.
— DealSteetAsia

VietJet may buy 787s or A350s as airline weighs US route
VietJet Aviation JSC plans to expand its fleet to include wide-body jets as the Vietnamese low-cost carrier considers California as its first U.S. destination starting about 2019.
— The Jakarta Post

Facebook helps small businesses increase sales, attract customers
“Small businesses are at the heart of our economies – and create the majority of new jobs all around the world. We recently teamed up with MorningConsult for an Economic Impact Survey to understand how small business owners are growing their companies, hiring more employees, and contributing to their communities,” Sandberg said.
— VietnamNet Bridge

Asia-Pacific CEOs increasingly looking at Vietnam
James Fatheree, Vice President of Asia of the US Chamber of Commerce (AmCham) made the remark while giving an interview to Vietnam News Agency on the sidelines of the APEC CEO Summit 2017 held in the central city of Da Nang on November 8-10.
— VietnamNet Bridge

The second ‘Swedish investment wave’ in Vietnam has arrived
Once a month, Pereric Högberg, the Swedish Ambassador to Vietnam, flies from Hanoi to HCM City to attend a meeting with the community of Swedish businesspeople and citizens living in the city.
— VietnamNet Bridge

Chinese President Xi makes state visit to Vietnam
Vietnam gave Chinese President Xi Jinping the red carpet treatment today at the start of a state visit, as the two communist neighbors try to broaden their economic ties and work on resolving territorial disputes in the South China Sea.
— Business Standard

Retailers urged to keep up with innovation trends
More than 200 key decision-makers from the region’s rapidly expanding retail sector participated in the Indochina Retail Technology & Innovation Summit 2017, which opened on November 9 in HCM City.
— VietnamNet Bridge

EuroCham launches first Greenbook edition, website in Vietnam
The European Chamber of Commerce in Vietnam (EuroCham) has launched its first publication of the EuroCham Greenbook in Vietnam in Ho Chi Minh City.
— VietnamPlus

VN-Korea business forum aims to boost trade, investment
A quarter-century of diplomatic relations between Viet Nam and South Korea has yielded impressive progress, especially in investment and trade, said Kim Jaehong, Chairman of the Korea Trade-Investment Promotion Agency (KOTRA) at the Viet Nam-Korea Business Partnership Forum held on Friday in Ha Noi.
— Bizhub

The business of helping businesses
To expand the start-up ecosystem, enterprises needed management agencies to help build a platform for effective implementation and increase the number of successful businesses.
— Bizhub

Belt Road No 3 buildings could rise 50 storeys
The Ha Noi People’s Committee has approved the urban design project in areas along Belt Road No 3.
— Bizhub

Thailand market leader in Vietnam’s veggies and fruits imports
With the lifting of the ban on the import of four Thai fruits by Vietnam, Thailand has regained market leader status taking a 61.8-per-cent share of Vietnamese fruit and vegetable imports, according to the Thai Ministry of Commerce.
— The Nation

Multinationals work up a thirst for Vietnam’s beer
Every evening, large crowds quaff lager and munch on snacks at the 1B Bac Son beer garden next to Hanoi’s Ho Chi Minh museum — one of many around Vietnam, a nation of avid beer drinkers.
— Financial Times

Vietnamese, French businesspeople meet up in Hanoi
Vietnamese and French businesspeople attended a get-together in Hanoi on November 10 on the occasion of Vietnam Entrepreneurs’ Day (October 13) and Vietnam Corporate Culture Day (November 10).
— VietnamPlus

 

Feature photo ILO in Asia and the Pacific
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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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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