Vietnam Morning News For June 27

Vietnam launches over 1 million carbon credits to international market
Vietnam has launched more than 1 million voluntary carbon credits from household biogas plants to the international market as part of the Biogas Programme for the Animal Husbandry Sector in 2016-2020.
— Nhan Dan Online

Iron, steel exports face most trade-defense lawsuits
Vietnamese exports have been subject to an increasing number of protectionist measures overseas, and most of the trade-defense lawsuits have been filed against Vietnamese iron and steel exports, officials said.
— VietnamNet Bridge

What is fueling social unrest in Vietnam?
The detention of an American citizen in Vietnam, arrested while participating in a protest in Ho Chi Minh City, has again drawn international media attention to social unrest in this fast-growing nation of close to 100 million.
— Asia Times

Ex-politburo member loses appeal in Vietnam
A Vietnamese former politburo member convicted for corruption lost his appeal bid yesterday after the court rejected his claim that he was not guilty of breaking the law in a multi-million dollar banking scandal.
— Gulf Times

Ministry yet to scrap decree on fortifying salt, wheat flour
The Ministry of Health has yet to implement a Government decision issued in May 2017 to scrap or amend regulations that require salt used in processed food to be fortified with iodine and wheat flour with iron and zinc, causing difficulties for producers.
— Viet Nam News

Transparency helps VN banks draw foreign investors
Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested.
— Bizhub

EVFTA has legal review completed
Vietnam and the European Union (EU) have finished the legal review process for their free trade agreement (FTA).
— The Hanoi Times

Vietnam joins global efforts to fight plastic pollution
Vietnam will join global efforts to stop the production and use of single-use and non-recyclable plastic products, Minister of Natural Resources and Environment Tran Hong Ha told Executive Director of the UN Environment Programme (UNEP) Erik Solheim.
— Nhan Dan Online

Viet Nam exports first batch of fresh pork
Mavin Group became the first business in Viet Nam to export fresh pork to a foreign market when the first batch was shipped to Myanmar in late May.
— Bizhub

UN picks Vietnam as training site for peacekeeping forces
VIETNAM is among four countries in Southeast Asia selected to be the training sites for UN peacekeeping forces, with the first training course to be held there at the end of this year, Vietnam News Agency reported.
— The Malaysian Insight

Vietnam to participate in US-hosted RIMPAC exercise for the first time
The Defence Ministry will send eight naval officers to participate in the Rim of the Pacific Exercise (RIMPAC) in the US state of Hawaii from July 1 – 31 at the invitation of the Commander of the US Navy’s Pacific Fleet.
— Nhan Dan Online

Vietnam’s HCM City reports 3rd H1N1 fatality
A 46-year-old man from Vietnam’s Ho Chi Minh City has died, becoming the third fatality of flu virus H1N1 in the city so far this year, local media reported on Tuesday.
— Xinhua

15 dead in Vietnam flash floods, landslides
Flash floods and landslides have killed 15 people in Vietnam’s mountainous north, officials said, after storms ravaged homes and wiped out crops and infrastructure.
— The Straits Times

Vietnam firms advised to penetrate into Middle East market
Besides traditional markets such as the US, EU and Japan, Vietnamese enterprises should make inroads into the Middle East market, according to experts.
— VietnamPlus

Rice from Vietnam and Thailand now available in markets —NFA
Officials of the National Food Authority (NFA) inspected markets in Quezon City on Tuesday to see if rice imported from Thailand and Vietnam has reached the stores.
— GMA News Online

Capital city sees 12,100 new enterprises in six months
Up to 12,100 new enterprises were established in the capital city of Hanoi in the first six months of 2018, with total registered capital of 124 trillion VND (around 5.46 billion USD), reported the municipal People’s Committee.
— VietnamPlus

Northern Vietnamese city tightens control of local cruise ships
The administration of a coastal city in northern Vietnam has begun taking urgent measures to manage the service of cruise ships in the area, following a foreign tourist’s complaint about her ‘nightmarish’ experience aboard one of the vessels.
— Tuoi Tre

AI-powered customer service gains traction among Vietnamese firms
With artificial intelligence (AI) assistants and chatbots gaining a foothold among businesses around the world, Vietnamese enterprises and retailers have decided to follow the trend.
— Tuoi Tre

Vietnam’s largest shipping firm to go public in September
Vinalines gets PM’s green light for IPO on the Hanoi Stock Exchange with minimum share price of VND10,000 ($0.44).
— VnExpress

China in Vogue, But Vietnam Still Hun Sen’s Lifeline
Has Hun Sen’s embrace of Beijing loosened the CPP’s relationship with Vietnam?
— The Diplomat (paywall)

Weak Starbucks may allow Trung Nguyen to regain footing
Vietnamese coffee giant Trung Nguyen may have an opportunity to recover its domestic business as US-based Starbucks has just announced the plan to close 150 stores next year.
— VietnamNet Bridge

Vietnam, Lao armies boost finance cooperation
Defence cooperation forms an important part of the relations between Vietnam and Laos, affirmed Deputy Minister of Defence of Vietnam Sen. Lieut. Gen. Tran Don.
— Nhan Dan Online

Vietnam Airlines fleet: A321neo delays impact growth
Vietnam Airlines has been set back by multiple delays in the Pratt & Whitney PW1100 programme. The airline now expects to receive at most one A321neo in 2018, compared to an original delivery schedule of 10 aircraft.
— CAPA

Vinh Phuc resolute on refusing TAL Group’s $350 million project
In order to show its determination to say no to projects that could damage the environment, the Vinh Phuc People’s Committee submitted the fourth document asking the prime minister to refuse Hong Kong-backed TAL Group’s $350 million textile and garment dyeing project.
— VietnamNet Bridge

Korean firms, universities showcase new technologies
Korean businesses and universities introduced new technologies to Vietnamese firms to explore collaboration and sales opportunities at a networking event in HCM City yesterday.
— Viet Nam News

Feature photo Michel Coutty

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.