Vietnam Morning News For June 19

Vietnam Morning News For June 19

Vietnam morning newsVietnam outlines ambitious plans to double beverage exports to $900m between 2020 and 2035
The Vietnam Beverage Association (VBA) has backed official plans to double the value of the nation’s alcohol and soft drinks exports between 2020 and 2035.
— Food Navigator

6 free maps of Vietnam
A series of quality maps of Vietnam can come in handy to illustrate ideas or projects for your website or blog, or to create your own maps. Here is a collection of copyright or royalty free, labelled and blank maps of Vietnam to be used directly as is, or to be elaborated upon to create beautiful modern maps to suit your purposes.
— Asean Up

China’s potential control over economic zones leads to more protests in Vietnam
Vietnamese police have arrested eight more people after protests a week ago over a proposed law on special economic zones that protesters fear would fall into the hands of Chinese investors.
— South China Morning Post

Vietnam arrests 8 people after economic zone law protests
Vietnamese police have arrested eight more people after protests a week ago over a proposed law on special economic zones that protesters fear would fall in the hands of Chinese investors, state media reported Monday.
— The News Tribune

Smuggled sugar a bitter blow for domestic mills in Vietnam
Factories in Vietnam unable to compete against sugar smuggled from Thailand in large quantities, industry insiders say.
— VnExpress

Vietnam spends US$385 million on fruits, veggies from China and Thailand
Vietnam spent over VND13.6 trillion (US$600 million) on importing fruits and vegetables in the first five months of 2018, US$110 million more than the same period last year.
— The Hanoi Times

Premium product market in VN set to take off
Mollis organic towels of Phong Phu Corporation have received “very good response” in the market after being launched last year, a sign that premium products are becoming more popular in Viet Nam.
— Bizhub

Vietnam identifies first casino to take part in locals gambling trial
Vietnam has identified the first casino that will be allowed to accept local residents on its gaming floor.
— CalvinAyre

Bright prospect predicted for agricultural products’ export
Good prospect is forecast in the export of several agricultural products, including rice, in the rest of the year as demand in importing markets has shown optimistic signs, according to the Ministry of Agriculture and Rural Development (MARD).
— Nhan Dan Online

Vietnam operators say no to World Cup betting
Vietnam might have passed a bill last week allowing locals to bet on international football but the new law, which comes into affect next year, arrives too late for the current World Cup in Russia amid revelations that not a single betting agent or operator applied for a license under a sports betting pilot program.
— Asgam

What is the future for Vietnam’s retail industry?
The Vietnamese retail market is undergoing a restructuring with new trends expected in the next three years, especially changes in investors’ strategies.
— VietnamNet Bridge

Vietnam-Japan parliamentary relations hailed
The fine relationship between the House of Councillors of the National Diet of Japan and the Vietnamese National Assembly (NA) has helped develop the bilateral ties between the two nations, said Nguyen Van Giau, Chairman of the NA’s Committee for External Affairs.
— Nhan Dan Online

Garment-textile sector seeks to optimise opportunities from CPTPP
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to come into force in early 2019, which will open up numerous opportunities for Vietnamese garment-textile sector.
— VietnamPlus

In Vietnam’s nearly untapped market, foreign retailers dream big
Retailers from across Asia are flooding into Vietnam as the country loosens restrictions on foreign companies, racing to bring convenience stores and supermarkets to a market dominated by small business.
— Nikkei Asian Review

Platinum Victory lifts holding in Vinamilk to 11%
Platinum Victory has completed the purchase of 8.35 million shares in Vietnam Diary Products Company, known as Vinamilk, announced the fund.
— The Hanoi Times

Retail investors snap up Bach Dang Construction’s shares
The auction attracted 37 investors registering to purchase 83.57 million shares of Bach Dang Construction Corporation, four times the amount of shares put on sale by the Ministry of Construction, announced the Hanoi Stock Exchange (HNX).
— The Hanoi Times

Ha Noi needs new momentum for growth: Prime Minister
Ha Noi needs to seek new momentum for growth to materialise its development vision, said Prime Minister Nguyen Xuan Phuc.
— Bizhub

AgroViet 2018 slated for late June in Da Nang
The 18th Vietnam International Agriculture Trade Fair (AgroViet 2018) will take place from June 28 to July 1 in the central city of Da Nang, announced the organising board at a press conference in Hanoi on June 18.
— VietnamPlus

​PM believes Hanoi can improve business environment to emulate Singapore, Hong Kong
Hanoi is completely able to match two Asian role models regarding several business environment criteria in the next four years, Vietnam’s Prime Minister Nguyen Xuan Phuc said at an investment conference in the capital on Sunday.
— Tuoi Tre

Seafood processing firms lack materials
Seafood processing companies are lacking materials for production, forcing some of them to import materials to meet orders.
— VietnamPlus

Selling pressure drives market down
Shares declined on Monday as securities and banking lost momentum on investors selling pressure rising.
— Viet Nam News

Mai Linh needs to redouble efforts to win back market from Grab
Entering into agreements with Japan’s leading transport firm Willer Group and Singapore’s media tech firm IDOOH Pte., Ltd., Mai Linh is trying its best to re-conquer the market from Grab, which holds the upper hand.
— VietnamNet Bridge

Bamboo Capital to focus on core business activities
Bamboo Capital JSC has said it will focus on three main business lines in 2018-20, infrastructure, property and renewable energy.
— Viet Nam News

 

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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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