Vietnam morning news for November 9

Vietnam morning news for November 9

Vietnam morning newsVietnam’s National Assembly targets 6.6 – 6.8% 2019 GDP growth
Key priorities in 2019 would be to stabilize macro-economic conditions and keep inflation under control, coupled with higher economic independence and national competitiveness.
— The Hanoi Times

US-Vietnam Bilateral Trade Talks – What’s on the Agenda?
Since pulling out of the Trans-Pacific Partnership (TPP), a massive 12-country trade agreement, US President Donald Trump has engaged in bilateral trade talks with allies and competitors alike.
— Vietnam Briefing

Vietnam wants 50 percent of social media users on domestic platforms by 2020
Vietnam wants 50 percent of its social media customers to use domestic social networks by 2020 and plans to prevent “toxic information” on Facebook and Google, the information ministry said in a statement on Thursday.
— Reuters

What stands behind the export-import record of $475 billion
Vietnam’s export-import turnover in the first 10 months of 2018 nearly reached $400 billion, and the figure is expected to exceed $475 billion by the end of the year, which means it is going to set a new record for trade in goods in Vietnam.
— VietnamNet Bridge

Domestic supply makes automobile industry more competitive
Vietnamese automobile firms can gain a competitive edge over their rivals in ASEAN if the domestic supporting industry uses more locally-produced parts, heard a conference recently held in Hanoi by the Central Institute for Economic Management (CIEM).
— VietnamPlus

Legal bottlenecks hinder FDI in petrol industry
Investors are concerned about a low return on investments in oil and gas projects in Vietnam.
— The Hanoi Times

Vietjet Air opens first direct route from Hanoi to Japan
Budget carrier Vietjet Air officially launched its first direct flights to Japan, connecting the capital city of Hanoi and Osaka city.
— VietnamPlus

Vietnamese agricultural products win more export orders to Europe
After introducing agricultural commodities at SIAL Paris 2018, Vietnamese enterprises successfully received export orders worth millions of dollars.
— VietnamNet Bridge

Visually impaired people to get support in opening bank accounts
The State Bank of Vietnam (SBV) has made an official request for all payment service providers to facilitate visually impaired people as well as others with disabilities when they want to open a bank account and get a bank card.
— VietnamPlus

Customers’ info of leading Vietnam mobile phone retailer allegedly leaked
Over 31,000 bank card numbers allegedly belonging to retail giant Mobile World’s customers were leaked online.
— VnExpress

Vietnam, US complete cleanup of toxic chemical from airport
Vietnam and the United States have finished the cleanup of dioxin contamination at Danang airport caused by the transport and storage of the herbicide Agent Orange during the Vietnam War.
— WSFA

Viettel Global reports profits of 57.1 million USD in Q3
Viettel Global Investment JSC, a subsidiary of Viettel Military Industry and Telecoms Group, reported revenue of 4,428 billion VND (188.6 million USD) and profit of 1,342 billion (57.1 million USD) in the third quarter of 2018, increases of 5 and 8 percent year-on-year.
— VietnamPlus

PetroVietnam refutes baseless allegations on PVTex and BSR alliance
PetroVietnam – the representative unit of PVTex – affirms that the the contract between Binh Son Refining and Petrochemical Co., Ltd. and PVTex to buy PP (Polypropylene) plastics for production at the Dinh Vu polyester plant is fully legal.
— VietnamNet Bridge

HCM City works to solve difficulties facing property enterprises
The People’s Committee of Ho Chi Minh City held a conference on November 7 to help local real estate enterprises solve difficulties.
— VietnamPlus

Vietnam’s most charming city: Hoi An through photos
The enchanting ‘City of Lanterns’ is certainly one of Vietnam’s dreamiest destinations.
— Vogue

Vietnam protests China’s weather stations in disputed sea
Vietnam strongly protested China’s launch of weather stations in the disputed Spratly islands, saying Thursday they seriously violate Vietnam’s sovereignty and complicate the situation in the South China Sea.
StarTribune

Agro-fishery-forestry exports surge
The agricultural sector earned US$32.6 billion from agro, fishery and forestry exports during the first 10 months, up 8.1 per cent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
— Bizhub

Wet markets dominate, but convenience stores inch up
While traditional markets still dominate Vietnamese shopping, convenience stores are becoming more popular.
— VnExpress

Ha Noi strives to reduce plastic use
According to Vietnamnews, Hà N?i aims to reduce the use of plastic bags in the traditional markets, supermarkets and trade centres to protect environment as well as ensure the sustainability of the ecosystem.
— Vietnam Insider

Hi-tech agricultural fair highlights Mekong Delta farm produce
A trade fair featuring hi-tech agriculture and safe farm produce from the Mekong Delta region opened in Rach Gia city, in the Mekong Delta province of Kien Giang, on November 8.
— Nhan Dan Online

New securities law is a better fit
The new amended draft law on securities was revised based on the inheritance of the current Securities Law, broadening the scope of regulation and adopting a new approach more suited to market condition and overcoming the remaining limitations of the current law.
— Bizhub

Da Nang promotes tourism potential to international cruise liners
The 2018 international conference on cruise liner tourism aims to introduce Da Nang advantages and the development policy of the city.
— The Hanoi Times

Factory processing export coffee opens in Son La
Phuc Sinh Group started operations at the Phuc Sinh Son La coffee processing factory in Son La Province on November 8 to serve domestic and foreign markets.
— Bizhub

Vietnamese guest workers send home up to US$2.5 billion annually
Remittances from Vietnamese guest workers hit US$2-US$2.5 billion each year with an annual average growth rate of 6 to 7% between the years 2010 and 2017, according to a report of the National Assembly Committee for Social Affairs.
— VietnamNet Bridge

Top 15 startup pitch in ‘Startup Viet 2018’ contest
On November 7th, 15 shortlisted startups made their pitches to the jury of the ‘Startup Viet 2018’ contest.
— VnExpress

Canned coffee hopes for comeback
Despite ready-to-drink coffee remaining a niche category in Vietnam, beverage giants such as Coca-Cola, Nestlé and Suntory PepsiCo are hoping to kick-start the market with new products.
— VietnamNet Bridge

F88 opens first stores in HCMC
After nearly two years of receiving investment from Mekong Capital’s Mekong Enterprise Fund III, F88 made a milestone in officially opening two new stores in Ho Chi Minh City, on Cach Mang Thang Tam Street, District 1, and Au Co Street, Tan Binh district, on November 11.
— Vietnam Insider

Permanent cabinet members review BOT projects
Prime Minister Nguyen Xuan Phuc lauded the Ministry of Transport (MoT) for pooling social resources in public-private partnership (PPP) projects, including those under the build-operate-transfer (BOT) model.
— VietnamPlus

World Craving for Vietnam’s Robusta Coffee Has Exports Surging
Coffee shipments from Vietnam will set a new record this year, supported by global demand for its key robusta variety.
— Vietnam Insider

 

Feature photo Beyond Pesticides

This week’s Vietnam morning news feature photo acknowledges International Day for Preventing the Exploitation of the Environment in War and Armed Conflict, November 6.

 

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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