Vietnam Morning News For October 10

Vietnam Morning News For October 10

Vietnam morning newsFormer Vietnam News Agency Director passed away
Đỗ Kim Phượng, former member of the Central Committee, Vietnam News Agency general director and the first editor-in-chief of Việt Nam News, passed away on October 8.
— The Nation

ICT Investment Vietnam Industry Business Intelligence & Investment Opportunity 2017 Market Research Reports
“ICT Investment Trends in Vietnam”, presents the findings from a survey of 60 Vietnamese enterprises regarding their Information & Communications Technology (ICT) investment trends.
— Industry Today

HCM City needs stronger assistance from Gov’t to tackle traffic jam
The city has been attempting to handle nearly 30 hotspots of traffic jam and accidents with capital nearing tens of thousands of billions of dong.
— VietnamNet Bridge

Vietjet’s hot air balloon and bikini girls land in America
Well-known for its tours and performances around the globe, Vietjet’s beautiful-and-young-flight-attendant featured hot air balloon now brings its bikini girls to the Albuquerque International Balloon Fiesta 2017 in the United States, the largest balloon festival in the world.
— Bangkok Post

Middle East a promising market for Vietnam ag exports
With a total population of more than 400 million, the 16-country Middle East is a promising market for Vietnam’s farm exports, economic experts said.
— Fresh Plaza

Is there an end for Uber in Vietnam?
In August 2017, Uber increased the taxi service rate from VND7,000 to VND8,500 per kilometer in HCMC and the maximum discount rate for drivers at 25 percent.
— VietnamNet Bridge

Politburo discusses reconstruction of public administrative units
The 12th Party Central Committee (PCC)’s sixth plenary meeting entered its fifth working day in Hanoi on October 9.
— Nhan Dan Online

Vietnam Business Week to take place in early November
The Vietnam Business Summit will kick off in the central city of Da Nang on November 7 within the framework of the APEC Economic Leaders’ Week, heard a press conference in Hanoi on October 9.
— VietnamPlus

Vietnam Railways in grave need of restructuring
After many years of declining revenue and profit, VNR’s business operations have produced positive signs.
— VietnamNet Bridge

VITAS recommends removing tariffs on polyester fibre
Viet Nam Textile and Apparel Association (VITAS) has petitioned the Ministry of Finance and the Ministry of Industry and Trade to not increase import tariffs on polyester fibre from zero to 2 per cent.
— Bizhub

More milk tea shops open in Vietnam
Trung, 50, who has been working as a taxi motorbike driver for three years, earning VND200,000-300,000 a day, recently began earning extra money – delivering milk tea.
— VietnamNet Bridge

Vietnamese, Malaysian firms share experience in regional integration
Vietnamese and Malaysian businesses shared experience in regional integration at a conference and a forum in Kuala Lumpur, Malaysia, on Sunday.
— Bizhub

Digital currency not recognized but promising in Vietnam
The use of cryptocurrency and blockchains in Vietnam is currently limited to just one percent of the total population, though experts anticipate that the number could grow to 30 million users in the next 10 years.
— Xinhua

More efforts needed to reach the skill gap in Việt Nam
Amid increasing demand for talent from existing and newly established businesses, employers are facing challenges in finding the right candidates, according to a recent snapshot report on Việt Nam’s labour market by Adecco Vietnam, a subsidiary of Switzerland-based workforce solutions provider.
— Viet Nam News

Is there a new South Korean investment wave in the stock market?
According to an MPI (Ministry of Planning and Investment) report, there were 3,374 stake purchases and capital contribution deals made by foreign investors by the end of August, worth $3.5 billion, an increase of 101.3 percent compared with the same period last year.
— VietnamNet Bridge

Vinacapital Vietnam Opportunity Fund Ld (VOF.L): Span A is Above Span B
At present levels, traders are keeping a close eye on shares of Vinacapital Vietnam Opportunity Fund Ld (VOF.L).
— The Business Union

RoK liquor maker opens Korean-style soju bar in Vietnam
Hite Jinro Co., the leading liquor maker in the Republic of Korea (RoK), said on October 9 it has opened its first overseas soju pub in Vietnam, setting a goal to open over 20 such bars in the emerging market by 2020, RoK news agency Yonhap reported.
— VietnamPlus

Shrimp exports to US set to increase
The latest figures from the Vietnam Association of Seafood Exporters and Producers (VASEP) show that shrimp export turnover to the US is rising while tra fish products continue to decline.
— Vietnam Economic Times

UPS bolsters export & import services in central and southern region
Global logistics service provider UPS has recently announced in will enhance its services in ten provinces in central and southern Vietnam: Ba Ria Vung Tau, Binh Dinh, Binh Duong, Binh Phuoc, Dong Nai, Quang Ngai, Quang Nam, Tay Ninh, Thua Thien Hue, and Tien Giang.
— Vietnam Economic Times

Efforts to stabilise market in year’s end
The Departments of Industry and Trade have been urged to actively launch trade promotion and market stabilisation programmes and connect supply-demand in peak times.
— VietnamPlus

Financial stocks lift the market
Shares closed Monday’s morning trade in a positive zone on the growth of financial stocks.
— Bizhub

​Vietnamese tourists embrace air charter trend
Local travel firms are organizing overseas tours using charter flights for Vietnamese and have received positive feedback based on their timely schedules and reasonable prices.
— Tuoi Tre

Cambodian military delegation visits Hau Giang
Leaders of the Mekong Delta province of Hau Giang held a reception for a delegation of the Development Department under the Cambodian Ministry of Defence led by Deputy Director Lieutenant General Dong Mao on October 9.
— VietnamPlus

Vietnamese vexed by Viettel’s plan to charge iMessage activation fees
Viettel subscribers have expressed their anger over the Vietnamese military-run mobile carrier’s plan to charge users for activating iMessage and FaceTime on their Apple devices.
— Tuoi Tre

 

Feature photo ILO/Nguyễn ViệtThanh
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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