Vietnam morning news for August 9

Vietnam morning news for August 9

Vietnam morning newsDa Nang aims to become sea-based economic hub
As a coastal city with considerable sea-related advantages, Da Nang is carrying out an action programme to boost development of blue economy, targeting to turn itself into sea-based economic hub in the future.
— VietnamPlus

Vietnam: US imports increase 19 percent in H1
In the first half of the year, Vietnam’s imports from the US rose 19 percent year-on-year, to $6.9 billion. Cars and fruits were leading the way.
— Fresh Plaza

3,000 tonnes of waste to be burned to create energy in Cần Thơ
About 3,000 tonnes of waste which is supposed to be buried at Cờ Đỏ District’s dumping sites in Cần Thơ City will be burned to produce energy on a trial basis, according to local authorities.
— Viet Nam Net

Port Infrastructure in Vietnam: 3 Regional Hubs for Importers and Exporters
Port infrastructure varies region to region in Vietnam. Here, Vietnam Briefing compares port infrastructure in three key economic regions so that investors can make an informed choice about where to place their business.
— Vietnam Briefing

Smaller FDI projects pose risk of outdated technologies
The average investment capital of fresh projects in 2017 reached US$13.8 million per project, then decreased to US$5.87 million in 2018 and US$4 million in the first seven months of 2019, according to the Ministry of Planning and Investment (MPI).
— The Hanoitimes

Vietjet teams up with Swift247 and Grab
The Vietjet Aviation Joint Stock Company (Vietjet) will team up with Swift 247, a technology start-up providing super express air delivery service (Swift247) and Grab to develop solutions for connecting road and air travel to customers across Southeast Asia.
— NDO

​​​​​​Cement, clinker exports on track to reach yearly target
During the period, 17.3 million tonnes of cement and clinker were shipped to overseas markets, the data shows.
— Viet Nam News

Low starting point causes Vietnam’s modest productivity level: PM
Other reasons behind a low productivity level are bottlenecks in legal framework for economic activities, low quality of human resources and the lack of motivation for innovation.
— The Hanoitimes

Finance industry has difficult time finding personnel in digital era
With increasing digital adoption, the finance industry is having great difficulty finding human resources for new job positions, experts have said.
— VietnamPlus

Around 1,000 CEOs of travel enterprises to gather
A business matching for around 1,000 CEOs of travel enterprises nationwide will be held in Ho Chi Minh City on September 6, as part of activities marking the 15th Ho Chi Minh City International Travel Expo.
— NDO

Binh Duong seeks to remove difficulties facing local firms
The southern province of Binh Duong on August 7 held a meeting with trade associations, local businesses and domestic investors to listen to their voice and remove obstacles facing them.
— VietnamPlus

Hanoi votes for consumers’ most-favoured Vietnamese products
The Hanoi Department of Industry and Trade and the municipal chapter of the Vietnam Fatherland Front on August 7 co-organised a press conference to launch a voting programme to select consumers’ most-favoured Vietnamese products in 2019.
— NDO

Hanoi willing to learn S. Korea’s experience on building smart city
Hanoi is focusing on building smart urban areas, thus, the city’s authority is strengthening infrastructure and urban management with high technology towards sustainable development, improving people’s living standards and quality of human resources.
— The Hanoitimes

Japan helps Vietnam with e-Government building
Vietnam and Japan on August 7 agreed to promote their cooperation in e-Government building in the Southeast Asian country in the time ahead.
— NDO

PE firm ACA Investments plans to raise $100m for Vietnam deals
ACA Investments, the Singapore-based private equity firm that recently participated in the upsized funding of Vietnamese property developer Son Kim Land, said it is targeting to raise up to $100 million for investments in Vietnam over the next three years.
— DealStreetAsia

Vietnam ICT Summit: digital transformation alliance established
The Vietnam Digital Transformation Alliance, comprising leading Vietnamese IT firms, made their debut at the Vietnam ICT Summit 2019 on August 8.
— NDO

From Africa to Vietnam: the flow of ivory is relentless
In March, 3.5 tons of trafficked ivory was discovered in a shipping container at Vietnam’s northern port of Hui Phong.
— Sustainability-times

Vietnam issues new regulations implementing its Anti-Corruption Law, effective 15 August 2019
On 1 July 2019 the Vietnamese government issued new regulations pursuant to Decree No. 59/2019/ND-CP (the New Regulations), which will take effect on 15 August 2019.
— Jdspra

Hanoi considers collecting inner city entrance fees
Hanoians think the authorities’ plan to charge entrance fees on vehicles entering the inner city is a bad idea.
— Vietnam Insider

From Vietnam to Taiwan, foreign investors offload Asian equities
Foreign investors dumped Asian equities in the first six days of August after two months of buying, as the US ramped up pressure on China with a $300 billion trade barrage last week.
— Arab News

Vietnam hands diplomatic note opposing China’s military drills
A representative of the Vietnamese Ministry of Foreign Affairs on August 7 made contact with China and handed a diplomatic note opposing its military drills in Vietnam’s Hoang Sa (Paracel) archipelago area.
— NDO

OMD Vietnam retains media mandate for Acecook instant noodles
Instant noodles brand Acecook has reappointed OMD Vietnam as its strategic media partner. This is OMD’s fourth consecutive year with the brand.
— Mumbrella

Beowulf Blockchain provides a distance teaching platform for Vietnam National University
Beowulf Blockchain, a full-service B2B cloud communication company, has announced its partnership with Vietnam National University, to provide a distance teaching platform for its School of Medicine.
— Token Post

Deputy PM urges construction of houses for the poor
Deputy Prime Minister Vuong Dinh Hue has suggested using funds from the 2019 Fund for the Poor to replace makeshift residences with brick houses by the end of the year, especially for households with family members that made contributions to the national independence and reunification.
— VietnamPlus

Vietravel to debut shares on UPCoM
The Hà Nội Stock Exchange has announced the decision to approve the registration of trading shares of the Vietnam Travel and Marketing Transport Joint-stock Company (Vietravel).
— Viet Nam News

China’s prolonged falling yuan may harm Việt Nam’s trade
China’s yuan (renminbi) has remained above the sensitive level of seven to the US currency for the last three days, hinting that trade friction between the US and China is entering a dangerous phase. The escalating tension between the two world powers is predicted to have negative impacts on Việt Nam’s trade in the short term.
— Viet Nam News

Apto Global expands to Vietnam
World’s first global adaptation skills platform expands online applications and strategic consulting to six countries in Southeast Asia.
— Vietnam Insider

VN-Index makes progress on purchase power
The VN-Index made gains on Thursday thanks to increasing buying power on large-cap stocks.
— Viet Nam News

Gas emitting factories in four provinces will have to pay up
Factories which omit too much carbon dioxide waste will have to pay fees under a new pilot scheme in four provinces.
— Viet Nam News

Vietnam, Philippines hold defence policy dialogue
The fourth defence policy dialogue between Vietnam and the Philippines took place in Manila on August 6-8 with the aim of enhancing bilateral defence partnership.
— VietnamPlus

Addressing risks and growing Vietnam education
Immigration New Zealand and Education New Zealand have agreed to an industry and agent engagement programme to grow high-quality student enrolments from the Vietnam market and deter fraud.
— Sun Live

Short films about Hanoi to be screened on CNN
Fifteen short films about Hanoi will be broadcasted on the US’s Cable News Network (CNN) to promote the Vietnamese capital.
— Vietnam Insider

Big C chain in Vietnam reopens purchasing order from 169 local suppliers
Central Group is committed to expanding investment in Vietnam, said the group representative.
— The Hanoitimes

Domestic gold prices soar to VND42 million per tael
Gold prices in Vietnam continue their upward trend in accordance with global prices, climbing to approximately VND42 million per tael.
— NDO

Vietravel approved to list shares on UPCoM
The Hanoi Stock Exchange on Wednesday approved the listing of over 12.64 million shares of leading tour operator Vietravel on the UPCoM.
— VnExpress

VN needs to invest more in agricultural processing sector
Việt Nam’s exports of farm products, fruits and vegetables in particular, have been rising consistently. But they are exported mainly as raw and fresh items, offering low value addition.
— Viet Nam News

State Treasury raises nearly $80m via G-bonds
The State Treasury of Việt Nam mobilised VNĐ1.85 trillion (US$79.54 million) through Government bond auctions on the Hà Nội Stock Exchange (HNX) on Wednesday.
— Viet Nam News

GHN launches new fully automated good sorting system in Hà Nội
Giao Hàng Nhanh (GHN), a logistics service provider for e-commerce business in Việt Nam, official launched a new automatic goods sorting system with capacity of 30,000 parcels per hour at its warehouse in Long Biên District, Hà Nội on Wednesday.
— Viet Nam News

How can Vietnam avoid being labeled currency manipulator?
Vietnam should remain cautious to avoid being dragged into a currency war, if any, and refrain from devaluing the local currency.
— The Hanoitimes

China’s prolonged falling yuan may harm Việt Nam’s trade
China’s yuan (renminbi) has remained above the sensitive level of seven to the US currency for the last three days, hinting that trade friction between the US and China is entering a dangerous phase. The escalating tension between the two world powers is predicted to have negative impacts on Việt Nam’s trade in the short term.
— Viet Nam News

Vietnam attends major int’l hospitality expo in India
Vietnamese firms are among the 650 businesses taking part in the 2019 India International Hospitality Expo (IHE 2019), which will be held in Uttah Pradesh state of India from August 7 to 10.
— VietnamPlus

Singaporean, Malaysian firms seek business opportunities in Cần Thơ
Some 27 firms from Singapore and Malaysia on Tuesday participated in a conference in Cần Thơ City to explore investment and cooperation opportunities with firms in the region, according to Cần Thơ Promotion Agency (CPA).
— Viet Nam News

Family businesses need early succession plans: conference
Family-run businesses need to develop clear and early succession plans, a conference heard in HCM City yesterday.
— Viet Nam News

 

Feature photo The Paper Planes Blog

This week’s Vietnam morning news feature photo focus on International Day of the World’s Indigenous Peoples,  August 9.

 

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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