Vietnam Morning News For July 4

Vietnam Morning News For July 4

Vietnam morning newsVietnam upstart Bamboo Airways seeks to ride tourism wave
Bamboo Airways is set to take off by the end of this year, complementing Vietnamese peers including flag carrier Vietnam Airlines and Vietjet, the country’s biggest low-cost carrier, said Dang Tat Thang, chairman and CEO, in a recent interview with the Nikkei Asian Review.
— Nikkei Asian Review

Vietnam Tracks China with Tough New Cybersecurity Law
A new cybersecurity law in Vietnam may usher in a new era of increased online censorship, privacy-invasive data processing methods, and deprivation of internet connections for organizations and individuals who publish “prohibited” content.
— The News Lens

Industrial production up 10.5% in six months
Viet Nam’s index of industrial production (IIP) increased 10.5 per cent on-year in the first half of 2018, the General Statistics Office (GSO) reported.
— Bizhub

Vietnam wants its mangoes to be a key export product
The South Vietnamese province of Dong Thap, the largest mango producer in the Mekong Delta with 9,200 hectares and an annual production of almost 100 thousand tons, intends to turn this fruit into a key export product by 2020.
— Fresh Plaza

​Vietnamese firm proposes building 7km cable car link in Hoi An
A Vietnamese conglomerate has put forward a plan to build a cable car connecting the tourist city of Hoi An and another district in the central province of Quang Nam, but it is facing the first challenge of large occupation.
— Tuoi Tre

Vietnamese lychees welcomed in Malaysia
The first container of the 2018 Vietnamese lychee crop arrived in Malaysia on July 2 and was warmly welcomed by consumers.
— Nhan Dan Online

Local firms invest $263m abroad in H1
Viet Nam’s businesses invested US$263.1 million in total, including new projects and additional capital, in 27 countries and territories in the first half of this year, according to the General Statistics Office (GSO).
— Bizhub

Vietnam’s milk import up in H1
Vietnam spent 502 million U.S. dollars importing milk and dairy products in the first half of this year, increasing 6.6 percent against the same period last year, its Ministry of Industry and Trade said on Tuesday.
— Xinhua

Vietnam’s rice exports to Malaysia surge in first five months
The value of Vietnam’s rice exports to Malaysia soared by 177% to an estimated US$122.4 million in the first five months of 2018, according to the Vietnam News Agency (VNA).
— Nhan Dan Online

Việt Nam enjoys trade surplus of $42.71 billion in H1
Việt Nam posted a trade surplus of US$2.71 billion in the first half of the year, compared with a deficit of $3.5 billion in the same period last year, according to the General Statistics Office (GSO).
— Viet Nam News

Vietnam’s export of aquatic products grows strongly in year’s first half
Vietnam’s export of aquatic products maintained a two-digit growth in the first half of 2018 and is forecast to continue growing strongly in the rest of the year despite plunging shrimp prices across the world.
— VietnamPlus

Japanese newspaper: Vietnam manufacturing improves sharply
Manufacturing activity in Vietnam improved to one of the largest extents since surveys began in March 2011, as reported by an analysis of Vietnam’s manufacturing situation of Japan’s Nikkei Asian Review on July 2.
— Nhan Dan Online

Banks expect higher credit limit amid quota concerns
Many commercial banks said they expect higher credit limits as they have already used up most, if not all, of their assigned quota for the whole year.
— Bizhub

Notorious AVG deal weakens Mobifone’s financial health
Mobifone`s financial conditions deteriorated significantly after its controversial acquisition of TV pay service provider Audio Visual Global (AVG).
— The Hanoi Times

Government guarantee issued for Vinh Tan 4 power plant expansion project
The Prime Minister recently decided to add the Vinh Tan 4 Thermal Power Plant Expansion project to the list of priority projects subject to consideration for the issuance of government guarantees in 2018.
— Nhan Dan Online

ADB supports US$236-million project for roads in northern Vietnam
The project would give a boost to the transport network and trade in Vietnam’s northern remote regions.
— The Hanoi Times

Japanese-style technical education for Vietnam
Japanese education officials are hoping that Vietnam will adopt the methods used at Japan’s technical colleges.
— NHK World

Vietnam’s 50 Leading IT Companies 2018 programme launched
The Vietnam Software and IT Services Association (VINASA) launched Vietnam’s 50 Leading IT Companies 2018 programme in Hanoi on July 3.
— Nhan Dan Online

Asia-Pacific robot contest to be held in northern Vietnam
Technology students from Asia-Pacific countries and regions will compete at the 2018 ABU Asia-Pacific Robot Contest (Robocon) on Aug. 26 in Vietnam’s northern Ninh Binh province, according to its organizers on Monday.
— Xinhua

​Facebook updates map to remove Vietnamese islands from China’s territory
A map provided by the ad manager tool of Facebook no longer shows Vietnam’s Truong Sa (Spratly) and Hoang Sa (Paracel) Islands in the East Vietnam Sea as parts of China after the social media platform was made aware of the serious error.
— Tuoi Tre

Vietnam – Lao Trade Fair 2018 concludes
The 2018 Vietnam-Laos Trade Fair concluded in the Lao capital of Vientiane, on July 2.
— Nhan Dan Online

 

Feature photo Nam-ho Park

 

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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