Vietnam Morning News For October 3

Vietnam Morning News For October 3

Vietnam morning newsTPP 11: What will Vietnam do?
After the US withdrew from TPP in January, other countries moved ahead with new negotiation rounds for a TPP 11.
— VietnamNet Bridge

Are Vietnamese manufacturers afraid of Thai products?
Watchdog agencies said they are alarmed about the increase in the trade deficit with Thailand.
— VietnamNet Bridge

Uber Vietnam confirms CEO exit, says committed to the country
Uber‘s Vietnam-based CEO Dang Viet Dung has stepped down from his top role at the ride-hailing company three years after managing the local unit.
— DealStreetAsia

VinFast announces collection of sedan vehicles, SUVs
VinFast, the first Vietnamese automobile manufacturing complex opened by Vingroup, presented 20 sedan and SUV designs and officially launched a contest to select the most favourite car models on October 2.
— Viet Nam News

Vietnam should improve quality to increase ag exports to South Korea
Vietnam is likely to reach US$70 billion of bilateral trade with South Korea by 2020, an official said at a seminar on export promotion to South Korea held on Friday in HCM City.
— Fresh Plaza

Vietnamese PM backs cooperation with Boeing
Vietnam considers cooperation with Boeing a long-term and strategic plan and the Government will create all favourable conditions for the US company to expand investment in the country.
— Nhan Dan Online

A Look into Vietnam Infrastructure Limited (VNI.L)’s Recent Activity
Vietnam Infrastructure Limited (VNI.L) shares are moving today on volatility 0.00% or 0.00 from the open. The LSE listed company saw a recent bid of 0.0011 and 24000 shares have traded hands in the session.
— Dasher Business Review

Former Vietnamese lawmaker stands trial for housing fraud
Her company is accused of swindling nearly $17 million out of prospective homebuyers.
— VnExpress

VN dragon fruit wows Aussie consumers
Nearly 100 kilos of dragon fruit were sold during the Vietnamese Dragon Fruit Day held in Sydney by the Vietnamese Trade Office and the Embassy of Viet Nam on September 30.
— Bizhub

Nearly 94,000 new firms set up in nine months
As many as 93,967 new enterprises were set up in the first nine months of this year with total capital of over 902.6 trillion VND (39.7 billion USD), a year-on-year rise of 15.4 percent and 43.5 percent, respectively.
— VietnamPlus

WB pledges to help Hanoi launch more BRT routes
The World Bank (WB) will continue sharing its experience and providing more financial assistance for Hanoi to launch more Bus Rapid Transit (BRT) routes, a WB specialist has said.
— VietnamPlus

Ha Noi demands special mechanism to develop 22,300 apartments
Ha Noi has proposed to the Prime Minister to put in place a special mechanism to build 22,300 commercial apartments, which would help add to the housing stock for relocation.
— Bizhub

9M industrial production index up 7.9%
The nine-month industrial production index (IPI) increased 7.9 per cent, up 7.1 per cent year-on-year and 7.2 per cent compared to the first eight months of the year, according to the latest figures from the General Statistics Office (GSO).
— Vietnam Economic Times

Chinese potatoes still sold as Da Lat produce
The rainy season, when Da Lat potato prices surge as supply falls behind demand, is also the peak time for dishonest wholesalers to re-brand Chinese potatoes into Da Lat-grown delicacies.
— Tuoi Tre

PM stresses key role of private sector in economy
Prime Minister Nguyen Xuan Phuc praised the significant success of the private economic sector, saying it represented 96.7 per cent of the country’s 500,000 enterprises.
— Bizhub

VNPT schedules IPO in 2019
Telecom operator Viet Nam Posts and Telecommunications Group (VNPT) expects to hold its initial public offering (IPO) in 2019, according to the group’s chairman Tran Manh Hung.
— Bizhub

Vietnam Azalea Fund fully exits from Loc Troi Group
Mekong Capital has announced that its Vietnam Azalea Fund has successfully divested 100 per cent of its investment in the Loc Troi Group at VND68,000 ($3) per share, for a cumulative consideration of more than $12 million.
— Vietnam Economic Times

SSI, UBS AG selected as next Vinamilk’s share sale advisors
The selection of the advisory firms was made last week by the State Capital Investment Corporation (SCIC), which represents the Government to manage the State’s capital in Vinamilk.
— VietnamNet Bridge

Will Vietnam Grow Old Before it Gets Rich?
Demography is destiny, Auguste Comte once claimed. The Vietnamese government, one imagines, hopes the French philosopher was wrong and fate can be altered, because the country’s demographic destiny doesn’t look good.
— The Diplomat

NA urges caution in amending public investment law
National Assembly leaders advised caution in amending the Law on Public Investment, saying that adjustments are necessary but must not be made hastily, lest the legal system be disrupted.
— Viet Nam News

Vietnam, Laos agree to focus on implementing key projects
Vietnam and Laos on Monday agreed to focus on implementing key projects such as energy and transport connectivity projects.
— Xinhua

8,000 workers walk out of shoe factory in northern Vietnam over bicycle parking dispute
The company has closed its gates to bicycles prompting nearby parking lots to double their fees.
— VnExpress

Vietnam-Cuba inter-governmental committee convenes 35th session
The Vietnam-Cuba Inter-Governmental Committee convened its 35th meeting in Hanoi, on October 2, under the chair of Vietnamese Minister of Construction Pham Hong Ha and the Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz.
— Nhan Dan Online

Health literacy investment needed
Investment in health literacy would be a useful initiative in Việt Nam and other ASEAN countries to help reach health goals, according to Asian Health Literacy Association.
— Viet Nam News

 

Feature photo Asian Development Bank
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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