Vietnam morning news for August 15

Vietnam morning news for August 15

Vietnam morning news

Vietnam launched Corporate Governance Code of Best Practices for Public Companies
The first Vietnam Corporate Governance Code of Best Practices for Public Companies was launched on August 13 by the State Securities Commission of Vietnam (SSC) in Ho Chi Minh City. Hong Nhung reports on Vietnam Economic Times.
— Vietnam Insider 

Kingdom, Vietnam promote border trade cooperation
Cambodian and Vietnamese officials held a meeting to discuss border trade cooperation, as the Kingdom’s trade deficit with Vietnam continues to widen.
— The Phnom Penh Post

Vietnam upgrades premium healthcare to attract high-spending patients
Vietnam is planning premium healthcare upgrades to allure high-spending patients who spend billions of US dollars a year on overseas treatment.
— VnExpress

Vietnam boosts hi-tech application to improve agricultural value chain
In the era of Industry 4.0, Vietnam has joined the global common development trend in applying the science and technology advances to all stages of the agricultural production process to improve productivity and product quality, towards an effective and sustainable agriculture.

Yuan price reduction affects on local industry: experts
The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Vi?t Nam’s yarn industry, according to Vi?t Nam Textile and Apparel Association.
— Viet Nam News

Government asks for measures to ensure coherence of legal regulations
The Government has asked ministries, sectors and agencies to give advice to the Government and the Prime Minister on measures to deal with overlapping, incoherent and ambiguous legal regulations, mechanisms and policies.
— VietnamPlus

Experts oppose to private placement of start-ups
The regulation on the private placement shares of a start-up company is sparking opposing public opinions as the regulation can pose potential risks and create overlaps with other laws
— Viet Nam News

Door stays open for new players in Vietnam’s aviation market
Vietnam`s aviation market now has the participation of 68 foreign carriers from 25 countries and territories together with six domestic carriers,
— The Hanoitimes

Vietjet and Grab sign MoU to boost transport solutions
Vietnamese budget carrier Vietjet has signed an MoU with Grab and local start-up Swift247 to provide super express delivery services in Vietnam as well as road and air travel solutions to consumers across South-east Asia.
— TTG Asia

Hà Nội to build 300 new sheltered bus stops
Some 300 shelters will be built at public bus stops in Hà Nội’s 17 outlying districts and Sơn Tây Town, according to Vietnam News Agency.
— Viet Nam News

Social media networks spring up in Vietnam to take on larger rival Facebook
The Facebook logo is displayed and lit on a wall. Photo: Alex Haney/Unsplash By Tomoya Onishi August 14, 2019 Vietnamese companies have started a string of new social networks in a bid to crack a sector dominated by Facebook, which boasts more than 60 million users out of a population of over 96 million.
— DealStreetAsia

High-tech farming significant to improve sugarcane quality, productivity
Applying advanced technologies in the cultivation of sugarcane is important to improve quality and productivity of the giant tropical grass, Thai experts said at a conference held by Thanh Thanh Cong-Bien Hoa JSC in the southwestern province of Tay Ninh on August 13.
— VietnamPlus

CCL to spend USD 20 mn on India, Vietnam expansion
CCL Products (India) Ltd world’s largest private-label instant coffee manufacturer would be investing USD 20 million this fiscal, on expansion.
— Deccan Herald

Vietnam PM okays plan to promote sharing economy
The plan requires such business models to be compatible with the current economic development level of Vietnam and in compliance with Vietnam’s international commitments.
— The Hanoitimes

Investors cheer US tariff delay
Vietnamese shares recovered on Wednesday morning, driven by technology, insurance and retail sectors.
— Viet Nam News

More professionals seek foreign assignments
Increasing numbers of professionals are choosing to work abroad, especially in Southeast Asia, drawn by higher salaries, better growth opportunities.
— VnExpress

High-tech FDI shouldn’t be taken for granted
Vi?t Nam has emerged as a destination for large tech firms as the trade dispute between the US and China continues to intensify with no end in sight. However, whether and how much Vi?t Nam can take advantage of the shifting of FDI flow out of China remains to be seen.
— Viet Nam News

Vietnam drops taxi-style roof-sign requirement for ride-hailers
Following much pressure, Vietnam’s Ministry of Transport has removed a controversial requirement that ride-hailing cars must carry roof-signs like taxi cabs in the latest draft of amended regulations for transport companies.
— Nikkei Asian Review (paywall)

Widening trade cooperation between Vietnam and Uruguay
The Vietnam Trade Promotion Agency (Vietrade) and the Uruguay’s Investment, Export and Country Brand Promotion Agency (Uruguay XXI) signed a Memorandum of Understanding (MoU) on trade promotion in Hanoi on August 14 in a bid to boost trade cooperation between the two countries.

10 Reasons Why Vietnam Should Be On Your Bucket List
A country of wondrous coastlines, luscious green jungles, fresh tropical fruit, friendly local people, and enthralling history, Vietnam should definitely be on your bucket list.
— The Travel

International exhibition on support industry opens
The 11th Vietnam Manufacturing Expo (VME) 2019 and the 8th Vietnam-Japan supporting industries exhibition held by Reed Tradex in collaboration with the Ministry of Industry and Trade opened on August 14, in Hanoi.

Three Chinese held for alleged murder in northern Vietnam
Three Chinese men have been detained for allegedly murdering and robbing a taxi driver, police in the northern province of Son La said Tuesday.
— VnExpress

Conference to promote Vietnam-Thailand trade
A conference is scheduled to take place in Thailand next month to promote trade between the country and Vietnam.
— VietnamPlus

Bird flu hits another Vietnamese locality
Vietnam’s southern Can Tho city has seen the first outbreak of A/H5N1 bird flu which has led to the culling of 1,500 chickens, Vietnam News Agency reported on Wednesday.
— Xinhua

Draft circular on gold business licensing released
The State Bank of Vietnam (SBV) has publicised a draft circular that would adjust existing regulations managing gold trading, Th?i báo Kinh t? Viet Nam (Vietnam Economic Times) newspaper reported.
— Viet Nam News

PM inspects President Ho Chi Minh Mausoleum’s maintenance
Prime Minister Nguyen Xuan Phuc inspected annual maintenance of the President Ho Chi Minh Mausoleum in Hanoi on August 14 before it is reopened to public.
— VietnamPlus

Vietnam mattress imports fall in June after months of growth, analyst says
After months of rapid growth, mattress imports from Vietnam fell in June, Raymond James reported.
— Furniture Today

Vietnam: Crabs fit for kings bring fishermen better income
At 1 o’clock in the morning every day, unless it is very windy, Nguyen Van Si of Phu Quy Island goes out 185 kilometers into the sea to catch Huynh De crabs, also known as red frog crabs.
— The Japan News

FPT’s strong performance continues
FPT Corporation reported pre-tax profit of VNÐ399 billion (US$17.2 million) on revenues of VNÐ2.25 trillion ($96.98 million) in July, year-on-year increases of 31.7 per cent and 19.6 per cent.
— Viet Nam News

Lai Châu hydropower plant holds national security importance
The Lai Châu hydropower plant, a major facility on the Ðà River, has been listed as an important work related to national security.
— Viet Nam News

Post-merger stock exchange headquarters in Hà N?i
The two national stock exchanges will be merged into one single stock exchange, instead of the initial plan under which the two current bourses will operate independently under the control and ownership of a new state-owned company.
— Viet Nam News

Sharing economy project approved
According to the Ministry of Planning and Investment (MPI), a sharing economy is a new business model which takes advantage of technology to cut costs and reach customers through digital platforms.
— Viet Nam News

Mekong Delta to face earlier, more severe salinity, droughts
Salinity and droughts will come earlier and be more severe in the 2019-20 dry season than the previous year in the Mekong Delta, according to Hoàng Phúc Lâm, Vice Director of the National Centre for Hydro-Meteorological Forecasting.
— Viet Nam Net

Vietnam, Japan boost cooperation in war consequence settlement
Deputy Minister of National Defence Sen. Lieut. Gen. Nguyen Chi Vinh has suggested Japanese agencies coordinate with Vietnam’s National Steering Committee on the Settlement of Post-war Unexploded Ordnance and Toxic Chemical Consequences (Committee 701) in building cooperation plans for both short- and long-terms.

Governor General of Belize impressed by Vietnam’s development
Governor General of Belize Colville Norbert Young said he admired Vietnam’s struggle for national liberation in the past as well as the country’s achievements in socio-economic development in recent years.

CP Vietnam celebrated its new branch CPFoods HOUSE in Ho Chi Minh City.
Mr. Montri Suwanphosri, President of CP Vietnam, together with executives and staffs joined the opening ceremony of CPFoods HOUSE and CP PORK SHOP owned by Mr. Nguyen Tuan Khoi, Managing Director of VTVCorp and DSF Vietnam.
— Bangkok Post

Hon Hai expands investment in Vietnam
Taiwan-based manufacturing giant Hon Hai Precision Industry Co. has acquired a 100 percent stake in a Vietnamese company for US$25.10 million, a move analysts see as an attempt to steer clear of the trade friction between the United States and China.
— Focus Taiwan

Secutech Vietnam opens with sharper focus on smart building and smart factory verticals
Ho Chi Minh City takes its place at the centre of Asia’s security world this week, as a record 380 exhibitors aim to catch the attention of trade buyers at the 12th edition of Secutech Vietnam.
— dqindia

Vietnam IPv6 adoption rate nears 40%
Vietnam has reached an IPv6 adoption rate of 38.98 percent, according to state-owned operator VNPT. VNPT reports it has migrated 5 million FTTH subscribers and 2.5 million 3G/4G subscribers to IPv6.
— Telecompaper

The Ultimate List of the Best Hotels in Da Nang, Vietnam
Da Nang is a favorite spot for backpackers. The city is located in Central Vietnam and it consists of numerous natural wonders.
— Outoftownblog

Principles of best corporate governance makes debut
The set of Principles of Best Corporate Governance for all public companies in Vietnam was publicised by the State Securities Commission of Vietnam (SSC) at the Ho Chi Minh Stock Exchange (HOSE) on August 13.
— VietnamPlus

ANZ expert optimistic about Vietnamese economy outlook
The Vietnamese government’s commitment to broad-based economic reforms bodes well for the country’s longer term prospects and look to have it on the path to upper middle-income status, held Khoon Goh, head of Asia Research at Australia and New Zealand Banking Group Limited (ANZ).

More professionals seek foreign assignments
Increasing numbers of professionals are choosing to work abroad, especially in Southeast Asia, drawn by higher salaries, better growth opportunities.
— VnExpress

Mobile Police Force ensures order and security
Promoting the heroic tradition, during the past years, the mobile police force has been a “steel shield” to ensure social order, security and peace for people’s lives.
— VietnamPlus

FG, Vietnam to Revive Cotton, Textile Industry
Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Dr Mohammed Umar has reiterated government’s commitment to reviving the production of cotton and facilitating the restoration of the textile industry in Nigeria.
— prnigeria

Vietnam-India friendship festival kicks off in Ninh Binh
The 10th Vietnam – India People’s Friendship Festival opened in the northern province of Ninh Binh on August 13, attracting the attention of over 30 delegates from India.
— VietnamPlus

Executive interview: TPBank’s CEO and the key to a successful digital transformation
Almost every advancement forward in the banking industry today is technology-based. Most analyses of banking trends do focus on what technology will bring to the banking industry.
— Vietnam Insider


Feature photo ILO Asia-Pacific

This week’s Vietnam morning news feature photo focus on life throughout the Asean Community.

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).


About Vietnam morning news.

Vietnam morning news roundup is the most comprehensive hand-curated selection of Vietnam English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Vietnam English language news today.

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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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