Vietnam Morning News For June 15

Vietnam Morning News For June 15
Estimated Reading Time: 5 minutes |

Vietnam morning newsVietnam cybersecurity law sparks public outcry
Activists and netizens in Vietnam claim a contentious law on cybersecurity is a legalized step to clamp down on dissident voices and rights advocates.
— UCA News

Vietnam: Opportunities in the Waste-to-Energy Sector
With the rise in urbanization from 2004 to 2015, waste generated in Vietnam increased from 15.6 million tons to 27.8 million tons annually, an increase of 78.2 percent.
— Vietnam-Briefing

Vietnam ups steel capabilities, reduces imports
Imports from China have fallen as local firms are able to produce more advanced products, senior industry official says.
— VnExpress

Ho Chi Minh City named among Asia’s most enterprising cities
Ho Chi Minh City is present on the list of Asia’s most enterprising cities and is home to large clusters of services, engineering, finance and retail firms, and strong creative industries, according to JLL, a leading firm that specializes in real estate and investment management.
— The Hanoi Times

Vietnam importing bitcoin diggers in large numbers
Cryptocurrency is illegal in the country, but 6,400 mining systems have been imported in the first four months of the year.
— VnExpress

American Will Nguyen held in Vietnam after protests
An American is being held for “disrupting public order” in Vietnam after joining recent economic protests.
— BBC News

Enterprises on verge of bankruptcy under ministerial regulations
Many enterprises will probably go bust if authorized agencies are allowed to recall products or order a company to stop operations when they inspect the firm and detect quality violations, as regulated by the Ministry of Science and Technology, without letting it do a retest at another standard lab.
— VietnamNet Bridge

Lift non-tariff barriers on car imports, Thailand tells Vietnam
Thailand’s auto industry has lost 80 percent of its car exports to Vietnam, says deputy industry minister.
— VnExpress

Vietnam Reduces Restrictions on Sales Promotion Activities
In May 2018, the government issued Decree No. 81/2018/ND-CP (“Decree 81”) relaxing regulations on sales promotion activities.
— Vietnam-Briefing

Nawaplastic takes control of Binh Minh Plastic
Nawaplastic Industries, a subsidiary of Thailand`s Siam Cement Group (SCG), has managed to acquire nearly 1.7 million shares in Binh Minh Plastic, announced the former.
— The Hanoi Times

Vietnam condemns China for redeploying missiles to Paracel Islands
Latest satellite images show that Chinese surface-to-air missile systems have reappeared on Woody Island.
— VnExpress

Vietnamese firms take cautious steps towards market in Thailand
Many Vietnamese companies have been exporting products to Thailand, like Vinamit, selling dried fruits, and Bich Chi, which sells vermicelli and rice paper. But they export mostly through intermediaries.
— Fresh Plaza

China-Vietnam pulp ventures: A risk that cannot be papered over
Local association concerned that joint ventures to produce pulp from recycled paper could shift pollution burden on to Vietnam.
— VnExpress

Vietnam’s inflation predicted to exceed 4% in 2018: NFSC
Vietnam`s inflation rate in 2018 may potentially hit 4 – 4.1% year-on-year, assuming oil prices average US$65 per oil barrel as forecast by the World Bank, said a report by the National Financial Supervisory Commission (NFSC).
— The Hanoi Times

Vietnam resolves bad debts worth US$4.38 billion in 8 months
From August 15, 2017 to the end of March, bad debts worth VND100.5 trillion (US$4.42 billion) were resolved under a parliamentary resolution, bringing the bad debt ratio total to 2.18% of total outstanding loans, below the 3% target set by the National Assembly.
— The Hanoi Times

SBV focuses on flexibility to achieve economic goals
The State Bank of Viet Nam will tweak monetary policy this year to help achieve the targets set by the Government and National Assembly.
— Bizhub

Vietnam commits to observing 1982 UNCLOS
Vietnam commits to respecting and fully implementing regulations of the 1982 United Nations Convention on the Law of the Sea (1982 UNCLOS), said Ambassador Nguyen Phuong Nga, head of Vietnam’s permanent mission to the UN.
— Nhan Dan Online

VN needs criteria for sustainable development
Viet Nam needed a set of specific and measurable criteria for sustainable development, Deputy Prime Minister Vu Duc Dam said at a council meeting in the capital on Tuesday.
— Bizhub

Philippines, China, Vietnam can sign common agreement on fishing — Carpio
The Philippines has several options on how to deal with the situation in Scarborough Shoal, inlcuding signing a common agreement with China and Vietnam, Acting Chief Justice Antonio Carpio said Thursday.
— Philippines Star

India Wants To Build Armament Factories In Vietnam
India wants to build armament factories in Vietnam to export to third countries, a military industry meeting heard Wednesday.
— Defence Aviation Post

India rice rates nudge up, Vietnam prices ease from multi-year highs
Rice export prices rose this week in India on hopes for increased buying from China, while rates in Vietnam eased from a multi-year peak with the outlook for higher domestic supply.
— Reuters

Forum seeks solutions for sustainable livestock production
The National Centre for Agricultural Extension, in coordination with the central province of Quang Ngai, organised a forum to discuss solutions for the sustainable development of livestock production and adaption to climate change in the south central coastal provinces, on June 13.
— Nhan Dan Online

MPI seeks Phu Quoc casino access for locals
The Ministry of Planning and Investment (MPI) has unveiled a plan to allow Vietnamese gamblers to play at a casino in the southern province of Kien Giang.
— Bizhub

Int’l exhibitions open in HCMC
Paper Vietnam, Rubber and Tyre Vietnam, and Coatings Expo Vietnam.
— Bizhub

Vietnam, Myanmar promote defence cooperation
Senior military officers of Vietnam and Myanmar have agreed to foster their cooperative ties in the defence industry, army logistics and medical services.
— Nhan Dan Online

PR Newswire Expands its Asia-Pacific Footprint with New Office Opening in Ho Chi Minh City, Vietnam
The premier global provider of news release distribution and media monitoring services, has expanded its Asia-Pacific footprint with the opening of a new office in Ho Chi Minh City, Vietnam.
— AEC News Today/ PRNewswire (media release)

Brazil slaps AD duties on Malaysian, Thai, Vietnamese stainless steel tubes
Brazil’s ministry of foreign trade imposed Thursday five-year antidumping duties of up to $888.27/mt on imports of austenitic stainless steel tubes from Malaysia, Thailand and Vietnam, it said in a filing in the country’s official gazette.
— Platts

In Vietnam’s veggie heaven
A new cookery book that focuses on the country’s vegetarian cuisine unlocks a little-known universe of flavour.
— The Nation

 

Feature photo  UNIDO

 

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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

junior writer/ trainee journalist at AEC News Today
Sreypov Men is currently a senior student at Institute of Foreign Languages where she is majoring in International Relations. She commenced as an intern and was appointed as a junior writer/ trainee journalist on April 2, 2018

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