Vietnam morning news for August 27

Vietnam morning news for August 27

Vietnam morning news

Vietnam looks to lead ASEAN in IP protection and development by 2030
The Vietnamese government expects the exploitation and commercialization of IP will be valued and promoted with 8-10 percent of registered IPs to be put into practice.
— The Hanoitimes

EVN sells 7.5% stake of its financial arm for $10 million
Vietnam Electricity (EVN) has sold 16.25 million shares of its financial arm EVN Finance Joint Stock Company (EVN Finance) for more than VNĐ219 billion (US$9.6 million) in an auction on the Hà Nội Stock Exchange on Friday.
— Viet Nam News

Ministry to propose credit package to help car companies drive forward
Việt Nam’s automobile industry is entering a golden period despite the car ownership rate per population is still low in comparison with other countries in the region.
— Viet Nam News

Containers with perishable goods stuck at Vietnam-China border
Vietnamese importers, having seen containers with their goods being stuck at border gates for days, are very worried about losing their money.
— Fresh Plaza

Vietnam to remain among fastest growing economies in 2019 amid trade tension: UOB
For 2019, FDI in Vietnam is on track to hit above US$20 billion with a 4.7% year-on-year increase.
— The Hanoitimes

Gov’t adopts intellectual property strategy through 2030
The Government has adopted an intellectual property strategy with the goal to further improve Việt Nam’s global innovation index (GII), the Vietnam Government Portal reported.
— Viet Nam News

Sabeco plans to pay 15% cash dividend in September
The Saigon Beer-Alcohol-Beverage Corporation (Sabeco) will pay every shareholder VNĐ1,500 (US$0.06) per share, or a 15 per cent cash dividend rate, to complete its 2018 dividend plan.
— Viet Nam News

Vietnamese longan conquers Australia
The Australian Department of Agriculture and Water Resources has recently announced the conditions for importing fresh longan from Vietnam to Australia.
— Fresh Plaza

Grapes shipped from Spain to Vietnam using Cold Treatment protocol
MSC has successfully loaded a first-time shipment of table grapes from Spain to Vietnam. The grapes were loaded in Murcia in collaboration with the transport company Mosca Marítimo, using Cold Treatment (CT) protocol.
— Fresh Plaza

Banks warned about risks of real estate corporate bonds
The State Bank of Việt Nam (SBV) has instructed local banks to better control risks in corporate bond investment, especially bonds of real estate firms.
— Viet Nam News

Pentagon accuses China of ‘bullying tactics’ in waters off Vietnam
China is carrying out “coercive interference” in oil and gas activities in waters claimed by Vietnam, the Pentagon said on Monday (Aug 26), accusing Beijing of using “bullying tactics.”
— Channel NewsAsia

Vietnam Prefers Its Mobile Networks to Be Free of Huawei
Vietnam is intent on being the first Asean nation to provide a 5G network — without China’s tech powerhouse Huawei Technologies Inc.
— BloomBerg

What’s Next for Vietnam-South Africa Military Ties?
Last week, South Africa’s defense minister embarked on a scheduled trip to Vietnam. The visit spotlighted the ongoing efforts by both sides to continue to develop the security aspect of their relationship amid ongoing changes at home and abroad.
— The Diplomat

Seoul Is Vietnam Airlines’ First International Boeing 787-10 Destination
Vietnam Airlines has officially scheduled Boeing 787-10 service. After taking delivery of the new aircraft, Vietnam Airlines told Simple Flying the first routes would be to Seoul and Ho Chi Minh City. Now, starting on October 1st, 2019, Vietnam Airlines will place the 787-10 in service between Ho Chi Minh City and Seoul.
— Simple Flying

PE investors scout for deals in Vietnam’s renewable energy sector
Private equity investors are increasingly evincing interest in Vietnam’s renewable energy sector as the country, which has long relied on coal and hydropower for electricity production, seeks private investments in alternative resources.
— Nikkei Asian Review (paywall)

Vietnam’s Mekong Delta needs logistics investment, say officials
A trade representative has called for the construction of more deep-water ports in the Mekong River Delta to save money and time for seafood exporters.
— The Phnom Penh Post

Cheap imported meats hurt domestic livestock industry
Increasing meat imports are adding to the pressure on the country’s livestock industry brought by free trade agreements and the African swine flu epidemic, experts said.
— Viet Nam News

Mobile platform Kobiton raises $5m from BIP Capital
Kobiton, a US-based mobile testing platform with an R&D team in Việt Nam, has successfully raised US$5.2 million in new capital to continue growing its mobile app experience business.
— Viet Nam News

Enterprises see SDGs as key to growth
Sustainable development remains a key focus for Vietnamese enterprises in the years to come, according to a recent survey conducted by the Ministry of Planning and Investment (MPI).
— Viet Nam News

Time for businesses to develop eco-friendly products
Director of the Environmental Technology Centre under the Institute of Environmental Technology Phùng Chí Sỹ speaks to Hải quan (Customs) newspaper about measures to help business tap opportunities to develop eco-friendly products
— Viet Nam Net

Strong FDI brings gold for Vietnam’s industrial zone developers
Vietnam is one of the most attractive destinations for the industrial sector in Southeast Asia and JLL expects that the trend will continue in the second half of 2019 and interest from foreign investors in Vietnam will remain strong.
— The Hanoitimes

Singapore companies consider to start up in Vietnam
ENTERPRISE Singapore’s regional director (Ho Chi Minh City) Leon Cai, and regional director (Hanoi) Hong Anh Bui Thi identify some of the key developments in Vietnam’s startup scene and explains why Singapore companies should consider this growing market. Business Times reports.
— Vietnam Insider

Enterprises see SDGs as key to growth
Sustainable development remains a key focus for Vietnamese enterprises in the years to come, according to a recent survey conducted by the Ministry of Planning and Investment (MPI).
— Viet Nam News

Kawasaki Sets Up Motorcycle Import, Sales Unit in Vietnam
Kawasaki Heavy Industries Ltd. <7012> has recently announced the establishment of wholly owned subsidiary Kawasaki Motors Vietnam Co. and launch of motorcycle import and sales at the company.
— Nippon

Sabeco plans to pay 15% cash dividend in September
The Saigon Beer-Alcohol-Beverage Corporation (Sabeco) will pay every shareholder VNĐ1,500 (US$0.06) per share, or a 15 per cent cash dividend rate, to complete its 2018 dividend plan.
— Viet Nam News

Vietnam Coast Guard active in int’l missions and exchanges
Vietnam Coast Guard has established bilateral and multilateral relations as well as a hotline with law enforcement forces from 20 countries in the region and the world.
— VietnamPlus

VN-Index may face correction pressure when nearing 1000 points
The VN-Index is forecast to face correction pressure when approaching the 1000-point milestone this week as market sentiment is responsive to global market fluctuations, analysts said.
— Viet Nam News

Côn Đảo stops shipping waste to mainland
Authorities in southern Bà Rịa-Vũng Tàu Province have agreed to burn domestic waste of Côn Đảo District instead of shipping it from the island to a landfill on the mainland.
— Viet Nam Net

Vietnamese, Polish firms seek stronger partnerships
A Vietnam-Poland trade exchange programme has been held in Ho Chi Minh City, giving a chance for businesses of both nations to seek partnerships in various fields.
— VietnamPlus

Daewoo E&C joins forces with Vietnam’s state builder to expand business
South Korea’s Daewoo Engineering & Construction said Monday it has signed a comprehensive partnership with Construction Corporation No. 1 (CC1), a Vietnamese state-run builder to jointly explore business opportunities in Vietnam and across the Southeast Asian market.
— Pulse News

Cargill donates funds to build 2 schools
US agricultural company Cargill has funded its 92nd school in Việt Nam in Ba Đan Town in the central province of Quảng Bình.
— Viet Nam News

Pharma and healthcare exhibition to feature 600 booths
Pharma, healthcare international exhibition in HCM City attracts exhibitors from 25 countries
— Viet Nam News

New Zealand helps HCM City develop startup ecosystem
The Ho Chi Minh City Department of Science and Technology and Creative HQ, a startup incubator from New Zealand, have signed an agreement for partnership in startup and innovation.
— VietnamPlus

Ride-hailing firm Grab plans major investment in Vietnam
Singapore-based ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market, just weeks after it unveiled a US$2 billion plan in Indonesia.
— Channel NewsAsia

The story behind Vietnam’s ‘Crazy House’
Wild, weird, wonderful… there are many ways to describe the Crazy House (also known as Hang Nga Guesthouse) in Dalat, a relaxed mountain resort town in southern Vietnam.
— CNN

MIC tackles spam messages
Per the draft, advertisers will also have to send a copy of each text message they send out to prospective customers to a system overseen by the MIC.
— Viet Nam News

Vietnam’s Social App Lotus Seeks Funds To Compete With Facebook
Vietnam’s new social network platform, Lotus, is looking to raise as much as 1.2 trillion dong ($52.1 million) in a bid to take on Facebook.
— pymnts

Opportunities to start up in Vietnam
ENTERPRISE Singapore’s regional director (Ho Chi Minh City) Leon Cai, and regional director (Hanoi) Hong Anh Bui Thi identify some of the key developments in Vietnam’s startup scene and explains why SIngapore companies should consider this growing market.
— Business Times

Northwest Đà Nẵng urban shopping centre to open
Trungnam Land Joint Stock Company, a member of Trung Nam Group, and VV Mall – a luxurious shopping centre – have agreed to develop the first shopping-entertainment centre on the newly debuted Đà Nẵng Information Technology Park (DITP) Tower at Golden Hills urban area.
— Viet Nam News

 

Feature photo Prachatai English

This week’s Vietnam morning news feature photo focus on International Day of the Victims of Enforced Disappearances, August 30.

 

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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