Vietnam morning news for December 24

Vietnam morning news for December 24

Vietnam morning news

Vietnam targets 4 billion USD from cashew exports in 2020
According to the Vietnam Cashew Association (Vinacas), the sector will focus on deep processing, improving quality and diversifying products towards realizing the goal.
— VietnamPlus

PVEP completes oil and gas exploitation target earlier than scheduled
The PetroVietnam Exploration Production Corporation (PVEP) has completed its yearly plan to exploit 4.33 million tonnes of oil equivalent earlier than scheduled.
— VietnamPlus

Cambodia and Vietnam sign five-year defence pact
Cambodia and Vietnam have signed a pact to continue defence cooperation over the next five years, including in ensuring security and safety in border areas.
— Khmer Times

Three solutions for Vietnam firms to boost integration in global supply chains
In the 2011 – 2019 period, Vietnam’s exports grew at an average of 15% annually, and are on track to contribute to an all-time high turnover of US$500 billion in mid-December.
— The Hanoitimes

Digital media plays a key role in start-ups’ growth
Start-ups have been advised to apply digital strategies in order to obtain growth, a workshop heard in Hà Nội recently.
— Viet Nam News

New move breaks ice for Hanoi’s first metro line
According to the Vietnam Register, the temporary registration certificate for 13 trains aims to support the trial operation of the Cat Linh – Ha Dong railway system.
— The Hanoitimes

Vietnam’s Masan Group to offer up to $431m of bonds in 2020
Masan Group plans to issue up to 10 trillion dong ($431.5 million) of bonds next year to expand its business, lend to units and repay a loan.
— DealStreetAsia

Vietnam improves its online shopping readiness
Vietnam has jumped five places to 64th in this year’s global index of readiness for online shopping, a UN report says.
— VnExpress

Việt Nam to promote shrimp exports to EU next year
The EU is a potential market for Việt Nam’s shrimp industry next year because it is the largest shrimp market in the world, while the shrimp production of this bloc has not met its demand, according to domestic seafood experts.
— Viet Nam News

VN’s PM Phuc receives foreign military leaders
Vietnamese Prime Minister Nguyen Xuan Phuc on Friday hosted military leaders from Cambodia, Brunei, China, Indonesia, Laos, Malaysia, Myanmar, Russia, Singapore and Thailand at a ceremony marking the 75th anniversary of the Vietnam People’s Army (VPA) and the 30th anniversary of the All-People Defence Festival.
— The Phnom Penh Post

Hydropower dams run out of water on lack of rain
A heatwave and scanty rainfall have resulted in low water levels in hydropower dams in the central region, forcing several to shut down.
— VnExpress

Twitter, Facebook removed fake users, targeted people in Vietnam and other countries
Twitter has identified and removed nearly 6,000 accounts that it said were part of a coordinated effort by Saudi government agencies and individuals to advance the country’s geopolitical interests.
— Vietnam Insider

FDI firms face difficulties in listing
There are currently only 10 FDI enterprises listed on local exchanges compared to the tens of thousands of FDI firms operating in Việt Nam.
— Viet Nam News

Power supply to be ensured next year
Power supply for production and domestic consumption in 2020 would be ensured, according to the Ministry of Industry and Trade (MoIT).
— VietnamPlus

Amazon kicks off cross-border e-commerce in Vietnam
Amazon Global Selling (AGS) just connected and engaged with Vietnamese sellers through its first “Cross-border E-commerce Summit” in Vietnam to help provide knowledge and grow sellers’ networks and experience base to stay ahead in cross-border business development.
— Vietnam Insider

PM orders government agencies to review debt repayment delays
The Prime Minister has asked all state agencies who’ve delayed foreign debt repayment despite “having the money” to reflect on the damage caused.
— VnExpress

Bà Rịa-Vũng Tàu upgrades infrastructure to attract investors
Developing infrastructure is an indispensable trend that the southern province of Bà Rịa-Vũng Tàu is following to achieve the goal of comprehensive development, the provincial People’s Committee has said.
— Viet Nam News

Video-making contest aims higher plastic waste awareness
A video-making contest named “I choose” is open for young people aged 12 – 18 to improve public awareness of the harmful effects of plastic waste to the environment.
— VietnamPlus

Viet reclamation project near reserve raises concern
A sprawling development on reclaimed land off Vietnam’s southern coast is expected to create jobs and raise millions in tax revenue for the state, but experts warn that environmental factors could sink the project and cause irreparable harm in the long term.
— The Straits times

RoK group sets up US$860 million investment fund for Vietnam
The National Pension Service of Korea recently launched a US$860 million corporate partnership fund with SK Group of the Republic of Korea that will allow the latter to increase investment in Vietnamese firms Masan Group and Vingroup, according to the Korean Investors news outlet.
— NDO

AirAsia starts exclusive route from Kuala Lumpur to Da Lat, Vietnam
AirAsia has unveiled its maiden flight to Da Lat, capital of Lam Dong province in the central highlands of Vietnam. The inaugural flight made history as the first international airline to offer direct services between Kuala Lumpur and Da Lat.
— Travel Daily Media

Vinamilk acquires majority stake in competitor
Vietnam’s biggest dairy company Vinamilk has acquired a majority stake in Moc Chau Milk, entrenching its market dominance.
— VnExpress

Vietnam’s coffee prices edge up as farmers hold off selling
Vietnam’s domestic coffee prices edged up slightly on Thursday from last week as lacklustre bean prices prompted farmers to hold off selling.
— Business Recorder

Vietnam’s solar opportunities shine bright
The outlook for growth in Vietnam’s renewables sector is positive, writes Daine Loh, research analyst at Fitch Solutions.
— Pv-Magazine

Myanmar, Vietnam ambassadors present credentials to president
Ambassadors of Myanmar and Vietnam to Bangladesh separately presented their credentials to president M Abdul Hamid at Bangabhaban in Dhaka on Monday afternoon.
— New Age BD

Vestas Nets EPC Contract for Intertidal Wind Farm in Vietnam
Vestas has secured an Engineering, Procurement and Construction (EPC) contract for the 50MW Tra Vinh intertidal project in Vietnam.
— Offshore Wind

6 of the most picturesque destinations in Vietnam
Vietnam, while still considered an off-the-beaten-path destination, has seen a surge in popularity in recent years in terms of being a desirable destination.
— Daily Hive

Bamboo Airways targets resourceful foreign investors
Bamboo Airways plans to sell its shares to foreign investors for VND160,000 ($6.9) per share as part of its IPO next year.
— VnExpress

Vietnam Defence White Paper debuted in Cuba
The Vietnamese Embassy and the Office of Vietnamese Defence Attachés in Cuba held a ceremony in Havana on December 20 to debut the Vietnam Defence White Paper 2019.
— VietnamPlus

Ssangyong Motor seeks to export CKD kits to Vietnam
Ssangyong Motor Co., a Korean SUV-focused producer under India’s Mahindra & Mahindra Ltd., is in talks with Vietnamese Thanh Cong Group to export its complete knock-down (CKD) kits to Vietnam as part of efforts to go global to make up for sluggish sales at home.
— Pulse News

Global Christmas break can boost Vietnam stock market
Global stock markets closing for Christmas break on Wednesday could reduce selling pressure from foreign investors and help the VN-Index recover, analysts say.
— VnExpress

Long history brand is no longer an important factor
Around the time he first started, the company employed as many as 700 people. Today that number is around a dozen, and Ngọc is not one of the lucky ones.
— Viet Nam News

Xmas spirit in Vietnam amazes foreign visitors
Tourists and expatriates in Vietnam’s bigger cities are pleasantly surprised by the scale and enthusiasm of Christmas celebrations in the country.
— VnExpress

Anti cigarette smuggling: an endless battle
Cigarette smuggling is rising in the year-end period and it is not easy for the state agents to fight it in southwester provinces and cities such as Long An and HCM City.
— Viet Nam News

Less bad news a plus point for VN shares
With less bad news expected in the short term and market sentiment stabilised, Vietnamese shares are widely expected to climb next week but growth will be moderate.
— Viet Nam News

Two Taiwanese men detained in Vietnam for drug trafficking
Vietnamese police arrested two Taiwanese suspects involved in drug trafficking and are preparing to hand them over to the authorities in Taiwan, a Vietnamese daily reported Saturday.
— Focus Taiwan

Aquatic resources should be protected: experts
Việt Nam has potential of aquatic resources for the development of exploitation, farming and livelihoods for people.
— Viet Nam News

 

Feature photo Hanoi Hotels

This week’s Vietnam morning news feature photo focus on Christmas Day, December 25. 

 

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).

 

 

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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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