Vietnam Morning News For June 7

Vietnam Morning News For June 7

Vietnam morning newsVietnam launches design for clean energy future
A design for a clean energy future in Vietnam was announced at a conference held in Hanoi on June 5.
— NNT

Vietnam’s Finance Ministry Proposes Temporary Ban on Crypto Mining Hardware Imports
Vietnam’s Ministry of Finance (MoF) has proposed a temporary blanket ban on crypto mining hardware imports, local news outlet VN Express reports today, June 5.
— Coin Telegraph

Vietnam’s second oil refinery to be fully operational by early August
The 200,000-barrel-a-day (bpd) facility, owned by Nghi Son Refinery and Petrochemical LLC, is already running at 55 percent capacity and is undergoing a long start-up process.
— Energy 

Coal consumption peaks to the highest level in recent years
Coal consumption reached 4.2 million tonnes in May 2018, the highest increase in many years, according to the latest statistics from the Vietnam National Coal and Mineral Industries Group (TKV).
— Nhan Dan Online

Vietnam’s Aviation Industry Continues its Growth Momentum
Vietnam is one of the fastest growing aviation markets in the world, growing by 17.4 percent in the last decade, which was driven by a rise in domestic and foreign travelers as well as the emergence of low-cost carriers.
— Vietnam Briefing

Lychee farming hubs to enter main crop
Lychee growers in the two lychee farming hubs of Vietnam, namely Bac Giang and Hai Duong provinces, are busy with harvesting this season’s first crop of lychees, while preparing for picking the lychees of the fast-approaching main crop scheduled for the next five days.
— Nhan Dan Online

Vietnam bets on success of SEZs: Viet Nam News
Although being late and facing many challenges, Vietnam must dare to play and bet on the success of special economic zones.
— The Straits Times

Vietnam’s top taxi firm sees investment follow divestment
Soon after a Singaporean fund divested its entire stock in Vietnam’s top taxi firm Vinasun, a domestic securities firm stepped in to fill the gap.
— VnExpress

Hanoi shortens processing time for construction procedures
Hanoi will shorten the time needed to process applications and grant construction permits from 166 days at present to no longer than 120 days in line with a prime minister instructive dated March 13, 2018.
— The Hanoi Times

Newly-registered labourers in May down 24.5 percent
A total of 80,500 workers were registered at newly-established businesses in May, down 24.5 percent year-on-year, according to the General Statistics Office (GSO).
— VietnamPlus

Cameras to be installed at level crossings
Vietnam Railways (VNR) has asked railway companies to install cameras at level-crossing barriers to improve the safety of pedestrians.
— Viet Nam News

Import of low-priced Chinese cars on the rise
According to the latest report from the Vietnam General Department of Customs, 65 cars of below nine seats were imported between May 25 and 31 from China into Vietnam, ranking joint first along with similar models imported from Mexico.
— VietnamNet Bridge

Pilots quit Vietnam Airlines in droves
Vietnam Airlines is flying high in regional rankings as one of the top carriers in Asia, but there are rumblings of discontent among its pilots, who are quitting in significant numbers, citing low pay and benefits.
— VnExpress

Central bank extends deadline to tackle cross-ownership
The State Bank of Vietnam (SBV) has proposed to extend the time limit set for addressing the excessive shareholding for another year until June 30, 2019 through a new draft circular.
— The Hanoi Times

Technology can raise quality of agricultural products
New technologies are key to advancing the agriculture sector in Viet Nam, as they can boost products’ value to make them more competitive on the global market.
— Bizhub

Minister denies FDI enterprises fire employees exceeding 35 years of age
The Vietnamese labor minister has said the rumor of foreign-invested enterprises firing a large number of employees aged more than 35 is untrue.
— The Hanoi Times

​High buildings good solution for Vietnam’s urban development: experts
High-rise building is in fact a viable solution for Vietnam’s urban development, not a cause of traffic jams in big cities as widely thought, experts said at a conference in Hanoi on Tuesday.
— Tuoi Tre

HSC steps in Vinasun as major shareholder after GIC’s exit
Ho Chi Minh City Securities Corporation (HSC) has completed the purchase of 7.2 million shares, equivalent to 10.6% charter capital in taxi firm Vinasun, according to the Ho Chi Minh Stock Exchange (HoSE).
— The Hanoi Times

Forbes Vietnam announces top 50 firms
Forbes Vietnam on Tuesday announced Vietnam’s 50 top listed companies for 2018, which account for 70.8 per cent of total market capitalisation on the HCM and Hà Nội stock exchanges.
— Viet Nam News

Google Leading Computer Training in Vietnam
In and around the Mekong Delta, school children will spend this summer moving rainbow-colored blocks and cartoon animals around a screen to get an early taste of computers in a program backed by Google.
— VOA

HCM City administrative reforms pay off, to continue
HCM City’s administrative reforms are delivering results and there will be more of the same, city authorities have said.
— Viet Nam News

Vietnam only country left without 2018 World Cup broadcasting rights
‘Not at all costs,’ says VTV as fans in football crazy Vietnam hold their breath.
— VnExpress

Forum seeks solutions to expand market for Vietnamese farm produce
A symposium on agriculture themed ‘Solutions to trade development of Vietnamese agricultural products’ was held in Hanoi on June 5 in the aim of promoting public-private dialogues on macroeconomic strategies.
— Nhan Dan Online

Cyclo driver fined for ripping off tourists in central Vietnam
He charged Vietnamese American couple $66 instead of $4 for 6-km ride.
— VnExpress

Five dead tiger cubs confiscated in Vietnam
Police have arrested three men in central Vietnam after five endangered tiger corpses were found in their possession, state media reported on Wednesday.
— The Punch

 

Feature photo Byron

 

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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