Vietnam Morning News For January 19

Vietnam Morning News For January 19

Vietnam morning newsPTT and Shell chase 49% of PV Oil, Vietnam’s No. 2 distributor
PetroVietnam Oil, the distribution arm of Vietnam National Oil and Gas Group, is to debut 20% of its outstanding shares on the Ho Chi Minh City Stock Exchange on Jan. 25, with Anglo-Dutch concern Shell and Thailand’s PTT among potential buyers.
— Nikkei Asian Review

Vietnam posts record-high $3bn trade surplus
Vietnam set new records for total export revenue and trade surplus in 2017, with exports passing the US$400 billion threshold and a positive trade balance meeting the country’s $3 billion benchmark.
— Tuoi Tre

Vietnam hindered by weak logistics
PM Nguyen Xuan Phuc has asked the Ministry of Transport to investigate the high transportation fees which are affecting local import-export companies.
— VietnamNet Bridge

Gov’t should help private firms
Dr. Nguy?n Ð?c Thành, director general of the Vi?t Nam Institute for Economic and Policy Research, speaks to the Kinh t? Ðô th? (Urban Economy) about why the State should help develop the private sector.
— Viet Nam News

Law on credit institutions takes effect
Many business people, who hold leadership positions at both banks and other firms, have decided to give up their positions in enterprises and keep the banking management positions to meet a new Government regulation.
— VietnamNet Bridge

South Korea’s TNK Factory makes seven-digit investment in Vietnam’s Adsota
South Korea’s mobile advertising firm TNK Factory is making a seven-digit investment (US dollars) in Vietnam’s Adsota as part of a new strategic partnership, a senior representative of the Vietnamese firm told this portal.
— DealStreetAsia

Viglacera to reduce State holding to 36%
Viglacera Corporation JSC (Viglacera) plans to reduce its State ownership to 36 per cent this year, said Luyen Cong Minh, executive chairman of the corporation.
— VietnamNet Bridge

Jollibee opens 100th store
Third-largest restaurant chain in Vietnam marks new milestone with opening of Can Tho store.
— Vietnam Economic Times

Vietnam vows to remove investment hurdles with Laos
Removing all obstacles towards Vietnamese investments in Laos and the two countries’ joint projects will be among Vietnam’s priorities in further riveting co-operation with its western neighbour this year.
— VIR

Vietnam’s top taxi firm fears bankruptcy in the era of Grab, Uber
Mai Linh has asked for its debts to be frozen for the next 20 years to fight off the threat of imminent insolvency.
— VnExpress

Vietnam promotes prosperous growth, sustainable environment
Minister of Planning and Investment Nguyen Chi Dung suggested completing mechanisms to facilitate smooth operation of the market economy, creating equal business environment and pushing the restructuring process in state owned enterprises as solutions to achieve prosperous growth and sustainable environment in Vietnam.
— VietnamPlus

VN effectively uses ODA from South Korea: KOICA
Viet Nam is one of the countries that has effectively used the official development assistance (ODA) provided by South Korea over the past few years.
— Bizhub

Ministry urged to design special mechanisms for north-south highway
Deputy Prime Minister Trinh Dinh Dung asked the Transport Ministry to soon submit special mechanisms for the north-south highway project during a meeting to launch the sector’s activities for 2018.
— VietnamPlus

Thai Amata plans 15.5 bln baht investment in Vietnam
Thailand’s largest industrial estate operator Amata Corporation Pcl on Thursday said it will invest 15.5 billion baht ($485.59 million) in Vietnam to develop smart industrial estates.
— Tuoi Tre

Vietnam Airlines: Boeing 787-9 Dreamliner business-class review
Vietnam Airlines operates the UK’s only non-stop scheduled services to Vietnam, with daily flights available from London’s Heathrow Terminal 4 to either Hanoi or Ho Chi Minh City.
— Telegraph.co.uk

 

Feature photo ILO/Nguyễn ViệtThanh

 

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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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