Vietnam Morning News For November 29

Vietnam Morning News For November 29

Vietnam morning news98% of Hà Nội enterprises pay taxes online
Ninety-eight per cent of total enterprises in Hà Nội have implemented online tax declaration and about 95.36 per cent of them have paid their taxes online.
— Viet Nam News

Central bank launches first-ever fintech challenge
The State Bank of Việt Nam (SBV) on Tuesday officially launched the first-ever Fintech Challenge Việt Nam to spur innovation in financial services for greater financial inclusion in the country.
— Viet Nam News

Agriculture exports exceed US$33 billion in 11 months
The export revenue of agricultural, forestry and fishery products was estimated to reach nearly US$3 billion in November, raising the total export revenue to over US$33.1 billion in the first 11 months of 2017, up 13.8% over the same period in 2016.
— Nhan Dan Online

Singapore-based $1-t fund manager keen on Sabeco shares: Vietnam trade ministry
Vietnam’s biggest brewer Sabeco has said a $1 trillion fund manager based out of Singapore was interested in its upcoming share disposal, according to the government media portal report, citing the company.
— DealStreetAsia

Vietnam to build upscale coffee brand
Vietnam has set up a project to promote high-quality Vietnamese coffee backed by about 170 billion VND (7.5 million USD).
— VietnamPlus

Remittances to HCM City hit US$4 billion in 10 months
The figure will increase dramatically in the remaining months of the year as it is the time that the highest amount of remittances will flow into the city.
— VietnamNet Bridge

Franchise restaurants boom in Vietnam
Not only are Vietnamese restaurateur reaching out to foreign brands to import their business models, global franchisors now view Vietnam as a huge potential market to expand their network.
— Tuoi Tre

Foreign investors interested in waste treatment in HCM City
Several Finnish businesses have expressed their desire to work with Vietnam Waste Solutions Co., Ltd. (VWS) in converting waste into renewable energy during their recent trip to VWS’s Ho Chi Minh City-based Da Phuoc waste treatment complex.
— VietnamPlus

Uber partners with Vietnamese mobile wallet MoMo for payments
Uber Technologies Inc. will allow riders in Vietnam to pay for their trips using local mobile wallet MoMo, opening up its service to the millions in the country who don’t have credit or debit cards.
— DealStreetAsia

Vietnam open to Polish goods, investment: President Duda
He was speaking after meeting Vietnam’s President Tran Dai Quang, who he said had assured him “of the openness of the Vietnamese authorities and the Vietnamese market to Polish goods and Polish investment.”
— Radio Poland

Power firms to hold IPOs as Gov’t liberalises sector
Việt Nam has embarked on the process of liberalising the power sector, in the hopes of easing electricity shortages, attracting more investment and boosting economic growth.
— Viet Nam News

Vietnam encourages Singaporean investments: NA Chairwoman
The top legislator made the pledge when addressing the Vietnam-Singapore Business Dialogue on November 27 as part of her official visit to Singapore.
— VietnamNet Bridge

M&A in Vietnam – Attractive investment channel
Recently, the scale of M&A activities has become bigger with positive impact from the global integration process.
— VietnamNet Bridge

VN e-commerce sales to top $1.9 tn in 2035
E-COMMERCE in Vietnam will be boosted to have more than 60 per cent of small- and medium-sized enterprises (SMEs) participating in e-commerce by 2020 and 80-90 per cent by 2035, according to the trade ministry’s on domestic trade development.
— The Nation

Government to encourage private sector-led growth
The Vietnamese Government is set to rein in the role of the State in the economy and encourage private sector-led growth.
— VietnamPlus

Vietnam joins management board of Asian Coffee Association
Vietnam joined 12 other countries on the management board of the Asian Coffee Association (ACA) which was officially established on November 27 in Mangshi city, capital of Dehong autonomous prefecture, China’s Yunnan province.
— Nhan Dan Online

Many projects put under special environmental control
The move followed the Formosa Ha Tinh Steel Corporation’s toxic discharges which led to mass fish deaths in the central provinces of Ha Tinh, Quang Binh, Quang Tri and Thua Thien-Hue last year.
— VietnamNet Bridge

Only 6% of Becamex’s shares are booked before IPO
Only 158 investors have registered to buy more than 18.95 million shares, equivalent to just 6.1 per cent of shares offered, at the initial public offering of the Investment and Industrial Development Corporation (Becamex IDC).
— Viet Nam News

Vietnam’s parliamentary head reaffirms warm ties
Speaker of Parliament Tan Chuan-Jin and the president of Vietnam’s National Assembly, Madam Nguyen Thi Kim Ngan, reaffirmed warm relations between Singapore and Vietnam yesterday, in a bilateral meeting at Parliament House.
— The Straits Times

Vietnam, the rising tiger economy
Vietnam, now with a 7 percent GDP, is the fastest growing economy in Asia.
— Manila Bulletin

 

Feature photo ILO/G.Sziraczki


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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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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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