Vietnam Morning News For June 21

Vietnam Morning News For June 21

Vietnam morning newsSolutions sought to promote Vietnam’s electronic industry
The importance of enhancing policy dialogue between investment countries and investment recipients, and the role of the electronic industry in Vietnam were highlighted at a recent workshop in Hanoi.
— VietnamPlus

200 tons of Vietnam’s lychees find way to Thailand
The first batch of lychees will be shipped to Thailand by air, according to the Department of Industry and Trade of Bac Giang Province.
— The Hanoi Times

Agriculture firms struggle to get loans
High-tech and clean agriculture are officially among the priority sectors for bank credit but agriculturalists find it hard to get loans.
— Bizhub

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

Despite opportunities in Vietnam, local industry faces challenges
2017 was not a spectacular year for the Vietnamese automotive industry. New registrations totalled just over 272,750 units in 2017, down 10% compared with 2016’s figure of 304,427.
— Automotive World

Hai Duong province to have smart city
The authorities of the northern province of Hai Duong had a working session on June 20 with a delegation from the International Real Estate Federation’s representative agency in the Republic of Korea (FIABCI-Korea) on the building of a smart city in the locality.
— VietnamPlus

Protests Spread in Vietnam Over Proposed New Laws
Experts say spreading street protests in Vietnam this month show a growing fear of China, worries about freedom of speech and distrust of the lawmaking process.
— VOA

Vietnam expressway deal progressing
Plans for Vietnam’s North-South expressway are progressing, with work moving ahead for key portions of the route’s eastern spur.
— World Highways

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

Vietnam deals with pressure to improve labour productivity
Experts have warned that the momentum of Vietnam’s economic growth has not really come from increased labour productivity.
— Nhan Dan Online

Food Losses in Vietnam: the shocking reality
Food loss and waste is a major issue worldwide and Vietnam is no exception. Julien Brun, managing partner and Roberto Mattos, senior consultant at CEL Consulting, which provides consultancy, technology and training for supply chain and logistics in emerging markets, report on solutions for Vietnam.
— Global Cold Chain News

HCM City enhances trade cooperation with Philippines
The working visit by Under-Secretary for the Industry Development and Trade Policy Group of the Philippines Ceferino S.Rodolfo to Vietnam, including Ho Chi Minh City, will help intensify bilateral trade and investment cooperation.
— VietnamPlus

New Credit Rating Speaks of Vietnam’s Complicated Makeover
A decent rating from Fitch this month has Vietnam riding high on the small victory, despite some of the less favorable economic trends connected to this first-of-its-kind rating.
— VOA

Project on agricultural modernisation proves effective: PM
Prime Minister Nguyen Xuan Phuc appreciated results of a project on agricultural modernisation at a conference to review the implementation of the project during 2013-2017 on June 20 in Hanoi.
— Nhan Dan Online

Target of truncating business conditions seems hard to fulfil
The Government has issued Resolution No. 19-2018/NQ-CP on the continued implementation of major measures to improve the business environment and enhance the national competitiveness in 2018 and following years.
— Nhan Dan Online

Vietnam is not always right
Not only have foreign investors and international financial institutions diligently praised Vietnam’s aggressive and lucrative incentives, including generous land ownership and leases for foreign direct investors and individuals, but also Indonesians.
— The Jakarta Post

Vietnam’s Meat Boom
Vietnamese cuisine is famous for its use of herbs and vegetables. Why then is meat consumption in Vietnam increasing at astounding rates?
— The Diplomat (paywall)

Vietnam, Korea foster business connection
The Vietnam Chamber of Commerce and Industry (VCCI)’s Ho Chi Minh City branch on June 19 organised a conference to promote links between enterprises from Vietnam and the Republic of Korea (ROK).
— Nhan Dan Online

Over 16.3 trillion VND ready to be invested in Thai Nguyen
As many as 31 projects worth 16.3 trillion VND (717.2 million USD) have so far been registered to run in the northern province of Thai Nguyen within the framework of its investment promotion conference.
— VietnamPlus

Trade Ministry to receive dossiers for first steel review
Trade Remedies Authority of Viet Nam, under the Ministry of Industry and Trade (MoIT), has started receiving dossiers for the first review of anti-dumping duties on some H-shaped steel products imported from China.
— VietnamNet Bridge

Transfer of technology from FDI enterprises remains modest
Despite vast contribution to Vietnam’s economy, the rate of technology transfer from foreign direct investment (FDI) firms remains low.
— The Hanoi Times

Vietnam businesses attend manufacturing expo in Japan
Thirty-two Vietnamese businesses operating in the field of mechanical manufacturing and supporting industries have participated in the 22nd Mechanical Components & Materials Technology Expo (M-Tech 2018) that opened in Tokyo, Japan, on June 20.
— Nhan Dan Online

Thai investors strive to control Vietnam’s leading companies at all cost
Big conglomerates from Thailand have been carrying out large-scale acquisitions of Vietnamese leading enterprises, regardless of price or time, to be able to take part in the enterprises` management and operation.
— The Hanoi Times

The new brands in the cooking oil market of VN
The cooking oil consumption level in Vietnam is less than 10 kilograms per head per annum, lower than the WHO recommended level of 13.5 kilograms. However, the figure is expected to rise to 16.2-17.4 kilograms by 2020 and to 18.6-19.9 kilograms by 2025.
— VietnamNet Bridge

S Korea enforces tighter control on imported products
South Korea will enforce the Positive List System (PLS) to strengthen the safety management of whole imported agricultural products, including those from Viet Nam, as of January 1, 2019.
— Bizhub

Trade Ministry warns against multi-level sales of Atomy products
The Department of Competition and Consumer Protection under the Ministry of Industry and Trade (MoIT) has warned against the unlicenced multi-level sales of Atomy products by organisations and individuals.
— VietnamNet Bridge

Sóc Trăng investment conference pays off
The Mekong Delta province of Soc Trang received pledges for investments worth nearly VND123 trillion (US$5.4 billion) in 47 projects at an investment conference on Tuesday with a focus on renewable energy, high-tech agriculture and tourism services.
— Bizhub

​Increasing land erosion plagues Vietnam’s Mekong Delta
Coastal and riverine areas in Vietnam’s Mekong Delta have witnessed worryingly rapid land erosion during the past several years, owing to loss of alluvium in the Mekong River, heralding a grim scenario for the region’s livelihood.
— Tuoi Tre

 

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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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