Vietnam morning news for September 10

Vietnam morning news for September 10

Vietnam morning newsVietnam denies human rights campaigner entry to World Economic Forum
Vietnam has refused entry to the Secretary General of the International Federation for Human Rights, Debbie Stothard, to attend the World Economic Forum to be held in the country next week, the Swiss-based international foundation said on Sunday (Sep 9).
— Channel NewsAsia

Vietnam mulls ban on raw mineral export
The Vietnamese Finance Ministry is proposing a sweeping ban on the export of raw minerals, while the government pays more attention to environment protection, and supports export of highly processed minerals that carry high added value, Vietnam News Agency reported on Sunday.
— Xinhua

Vietnam Orders Military Hardware From Russia For $1 Billion
Vietnam has placed orders for Russian weapons and military services worth more than $1 billion, Russia’s state news agency TASS reported, according to Reuters.
— Investvine

Vietnam rice shipments set to grow; PH among main markets
Vietnam’s rice exports are expected to rise in the remaining months of the year thanks to increasing demand in many markets, according to the Ministry of Agriculture and Rural Development.

Vietnam’s HCM City to limit private vehicles to mitigate pollution
The Transport Department of Vietnam’s Ho Chi Minh City is mulling a special consumption tariff and higher fees on private vehicles, as well as an environmental fee to mitigate air and noise pollution caused by private vehicles.
— Xinhua

Foreign investors pursue more indirect investments in Vietnam
Foreign investors are stepping up their indirect investments in Vietnam through capital contribution and stake acquisition of local firms instead of making direct investments as in recent years.
— The Hanoi Times

Five commodities see exports over 1 billion USD
Five commodities had export values exceeded 1 billion USD in August, according to the Ministry of Industry and Trade.
— Nhan Dan Online

Spices could be nice export earner
Vietnam has the potential to boost its exports of star anise and cinnamon, but needs supportive policies from the Government, the Lang Son Star Anise Association has said.
— VietnamPlus

Vietnam must become IT powerhouse: Prime Minister
Vietnam must strive to become a powerhouse in the field of information technology, Prime Minister Nguyen Xuan Phuc said, adding that the Ministry of Information and Communications, as the State management agency in the field, should lead the efforts towards this goal.
— Saigon

Malaysian rights activist stopped at Hanoi airport
Vietnam has refused entry to Malaysian human rights activist Debbie Stothard to attend the World Economic Forum to be held in the country next week.

Banks step up auctions to resolve bad debts
Banks are putting non-performing loans (NPLs) and collateral of default borrowers on auction in a move to speed up the resolution of bad debts.
— Bizhub

Vietnam state budget revenue up 13.8% in 8 months
Vietnam recorded budget overspending of VND1.7 trillion (US$72.69 million) by the end of August, compared to a year-to-date deficit of VND6 trillion (US$257.45 billion) recorded 15 days earlier.
— The Hanoi Times

Viet Nam – attractive destination for estate investors
Viet Nam will become an attractive destination for real estate investment and business because of the high demand for housing, industrial park infrastructure, shopping malls, and tourism property.
— Bizhub

Vietnam report on Japanese ODA projects inaccurate: JICA
A Ministry of Finance assessment of Japanese ODA projects contains inaccuracies, the Japan International Cooperation Agency claims.
— VnExpress

Vietnam minister wants local social networks to compete with Facebook, Google
The Ministry of Information and Communications (MIC) expects Vietnamese social networks to have the number of users equivalent or higher than that of Facebook in Vietnam (60 million) and take 60 – 70% of the market by 2022.
— The Hanoi Times

Foreign investors put high hope on Vietnam’s healthcare sector
Foreign investors are keen on Vietnam’s healthcare industry as they seek to tap into local patients’ spending on high-quality private healthcare services that have posted high growth in recent years.
— VietnamNet Bridge

Qatar Airways to launch direct flights to Da Nang this December
Qatar Airways will launch direct flights to Da Nang starting December 19 as the third Vietnamese destination on the award-winning airline’s rapidly expanding global network.
— VietnamPlus

Business incubators see positive development
The Ha Noi Business Incubator (HBI), part of the European Union-funded supporting programme for the Vietnamese private sector, has helped 30 start-ups and created 1,000 jobs.
— Bizhub

Vietnam authorities target e-commerce infrastructure development
While Vietnam has huge potential for e-commerce development, the country’s infrastructure for the industry still lacks synchronization and connectivity.
— The Hanoi Times

Remittance plays important role in enhancing real estate sector’s liquidity: experts
Remittance is an important factor in enhancing the liquidity of Vietnam’s real estate sector, as the amount of the money flowing to Vietnam in the recent years has continuously increased, according to market watchers.
— VietnamNet Bridge

Blockchain to promote trading identity of VN exports
Blockchain technology is expected to enhance agricultural exports by providing a global trading identity, speakers at a blockchain conference held in HCM City said yesterday.
— Bizhub

Insurers in Vietnam see assets grow by 35% in 8 months
The total premiums collected by insurance companies in the first eight months of 2018 stood at VND80.83 trillion (US$3.45 billion), up 38.81% year-on-year.
— The Hanoi Times

Hà Nội City makes the case for a smart transformation
Ranking among the world’s largest capitals and with a population of around 7.6 million, Hà Nội seems to be almost bursting at the seams with unceasing traffic and chaotic hubbub.
— Viet Nam News

Royal symbols, opulence on display in central Vietnam
The dragon and the phoenix, mythical creatures appropriated by Vietnamese royalty, were depicted predominantly in gold, silver and jade.
— VnExpress

Industrial park real estate sees bright future ahead
From the mere 335ha of land used for industrial parks in 1986, the total area has since expanded to some 80,000ha, reflecting the strong development of industrial real estate in Vietnam.
— VietnamNet Bridge

Eighty Southeast Asia startups to feature at WEF ASEAN in Hanoi
The WEF hopes to establish a permanent community for the start-ups to support their growth and development.
— The Hanoi Times


Feature photo Travis Hawk


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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