Vietnam morning news for December 6

Vietnam morning news for December 6

Vietnam morning news

Vietnam’s Auction Plan for Solar Energy
Vietnam’s electricity demand has been the second-largest in Southeast Asia since 2015 and is expected to retain this position in 2020.
— Vietnam-Briefing

Pork prices to make huge impact on Vietnam’s CPI in 2020
Vietnam’s inflation in 2020 is forecast to hit 3.5%, higher than the government’s estimated 3.17 – 3.41% in 2019, while the pressure will build up right at the beginning of next year.
— The Hanoitimes

Australia Should Demand Release of Vietnam Detainees: Rights Group
Australia’s government should press Vietnam to free an Australian citizen and two other men convicted on charges of engaging in terrorism, a rights group said on Thursday, adding that the charges against the man and the two Vietnamese democracy advocates convicted with him were unsupported by evidence presented at their trial.
— Radio Free Asia

Boom in manufacturing and e-commerce boosts Vietnam warehousing
Demand from Vietnam’s booming manufacturing and e-commerce sectors has created a spike in warehousing rents and occupancy across the country.
— The Load Star

Cheap flights to Da Nang of Vietnam on sale from $102 with Jetstar Australia
Pack your bags for Vietnam’s Ho Chi Minh City or Da Nang because these flights are too good to miss.
— Vietnam Insider

Vietnam’s wood exports likely to reach US$11 billion in 2019
Vietnam’s export turnover of wood and forestry products is forecast to hit US$11 billion in 2019, according to an official from the Vietnam Administration of Forestry (VAF).

Airlines have added more seats as the Tet holiday approaches
Airlines have added more seats and air tickets prices are increasing as the Tet holiday approaches.
— Vietnam Insider

Uniqlo enters Vietnam, Southeast Asia’s growth engine
Fast Retailing will open its first Uniqlo store in Vietnam on Friday as the company makes its foray into the sixth market in Southeast Asia which is also one of the fastest growing economies in the region.
— Nikkei Asian Review (paywall)

Vietnam climbed to the world’s third best city for expats
Despite making poor impression with environment pollution, Vietnam’s economic hub HCMC has climbed to the world’s third best city for expats to live and work in next year.
— Vietnam Insider

Australia: Press for Release of Vietnam Detainees
The Australian government should publicly and privately press the Vietnamese government to overturn the convictions of a detained Australian and two of his Vietnamese colleagues, Human Rights Watch said in a letter to Australia’s foreign minister, Marise Payne, that was released today.
— Human Rights Watch

$4 bln LNG plant asking price too low: trade ministry
The Ministry of Industry and Trade is concerned the investor of a $4-billion power plant won’t be able to commit to its proposed electricity price tag.
— VnExpress

VN condotel property market in urgent need of new legal framework
A legal framework covering Vietnam’s condotel properties is urgently needed to protect the rights of both developers and buyers and to ensure sustainable development.
— The Phnom Penh post

Boosting strengths of manufacturing and processing sector
The manufacturing and processing sector has maintained a significant role in fueling the growth of the entire industry sector. With a high growth rate of 10.8% in the first 10 months of 2019, manufacturing and processing sector continues to be a mainstay of the economy.

US, China rivalry puts Vietnam in a no-win bind
When a Chinese survey ship departed energy-rich waters claimed by Vietnam, many saw the two sides’ three-month standoff over the Vanguard Bank as indication that Hanoi is becoming bolder in challenging Beijing in the South China Sea.
— Asia times

Vietnam enjoys trade surplus with Israel in first 10 months
Two-way trade between Vietnam and Israel hit around US$899 million in the first 10 months of 2019, with Vietnam enjoying a trade surplus of US$401 million.

SeABank’s strong impression in the first nine months of 2019
According to the State Bank of Vietnam, the banking sector’s business performance in the first nine months of 2019 has been continuously improved with good results in terms of profits and credit growth. Besides such positive indicators, many banks also made a strong impression with significant events.
— Viet Nam News

Dutch bank FMO weighs $40m in funding for Vietnam’s HDBank
Dutch development bank FMO is considering committing a total of $40 million in trade financing to Vietnamese commercial lender HDBank.
— Nikkei Asian Review (paywall)

Vietnam’s labor market remains grey area of reform effort
The progress of reform in the labor market remains slow, in some cases, new laws are causing difficulties for enterprises, instead of simplifying business conditions, said an expert.
— The Hanoitimes

Vietnam adds extra corner to F1 circuit
Vietnam Grand Prix organisers have added an extra corner to their new Formula 1 circuit design in a bid to further improve safety, as work pushes on at the venue ahead of its first race next year.
— Motorsport

People’s Army of Vietnam accompanying nation over 75 years
Over the past 75 years, the People’s Army of Vietnam has made great achievements. In the resistance wars or in peace, its goals are always for the sake of the Party, nation and people.
— VietnamPlus

Danang to relocate railway station after 15 years
Da Nang is reconsidering a proposal to move its railway station away from the center from its center, after putting it on the backburner for 15 years.
— Vietnam Insider

Vietnam – Germany strategic management group convenes fifth meeting
Deputy Foreign Minister To Anh Dung and State Secretary of the German Federal Foreign Office Andreas Michaelis co-chaired the fifth meeting of the Vietnam – Germany Strategic Management Group in Hanoi on December 4.

Technologies create more opportunities for Vietnam’s young generation
Today is a special day for 12-year-old Nguyen Khac Nhat Nam at his game design class.

Vietnam to benefit from FTAs
AS new free trade agreements (FTAs) are being signed, they are expected to push Vietnam into becoming more competitive by reducing trading costs and improving its business environment.
— New Straits Times

Foreign investors unable to get Vietnamese stocks despite value at lowest level: Bloomberg
Tight liquidity is considered the main reason for difficulty that any investor who would like to take advantage of the country’s economic growth is facing.
— The Hanoitimes

Festo, a German firm to setup factory in Vietnam
Festo, a supplier of automation technology and technical education from Germany shows its plan to setup a plant to take advantage of the increasing foreign investment and production in Vietnam.
— Vietnam Insider

Vietnam determined to enter the final, says Mai Duc Chung
In the lead up to their SEA Games women’s football semifinal against the Philippines, Vietnam’s head coach Mai Duc Chung has expressed his confidence to secure a place in the final, towards defending their title at the largest regional sporting event.

Masan’s meat unit to be traded on unlisted market
Masan Group is set to list its meat producing subsidiary MeatLife on the Unlisted Public Company Market on December 9.
— VnExpress

MDIS offers new bachelor’s degrees in cybersecurity and networks, and IT
The Management Development Institute of Singapore (MDIS) is offering two new Bachelor of Science degrees, one in cybersecurity and networks, and the other in information technology, to meet increasing demand for human resources in the cybersecurity and information security industries both globally and in Viet Nam.
— Viet Nam News

Seafood processor Hùng Vương to sell 5 million treasury shares
Hùng Vương Corporation (HVG), one of the biggest seafood processors in Việt Nam, plans to sell five million treasury shares to raise capital to supplement business activities and enhance operational efficiency.
— Viet Nam News

SeABank’s strong impression in the first nine months of 2019
According to the State Bank of Vietnam, the banking sector’s business performance in the first nine months of 2019 has been continuously improved with results in terms of profits and credit growth. Besides such positive indicators, many banks also made a strong impression with significant events.
— Viet Nam News

PVOIL strengthens petrol quality management for benefits of customers
PetroVietnam Oil Corporation (PVOIL) has strengthened the quality control of petroleum in its storage, transport and distribution system to ensure the best interests of customers. Cao Hoài Dương, PVOIL General Director speaks to Vietnam News Agency about this issue.
— Viet Nam News

HCM City hosts international trade fair
The 17th Vietnam International Trade Fair, one of the largest trade promotion events in the country, opened yesterday (Dec 4) in HCM City.
— Viet Nam News

Japan enterprises want to take part in Vietnam’s privatization process
Japanese enterprises want to be updated on legal procedures so that they could play a more active role in the process of state-owned enterprises privatization in Vietnam.
— The Hanoitimes

Masan MEATLife set to list shares on UPCoM
Masan MEATLife Joint Stock Company, a subsidiary of Masan Group, will list its shares on the Unlisted Public Company Market on December 9 at a reference price of VNĐ 80,000 (US$4.46).
— Viet Nam News

Vietnam on way to end AIDS pandemic in 2030
A conference was held in Hanoi on December 4 to look back on 20 years of HIV/AIDS treatment in Vietnam.
— VietnamPlus

Germany automation firm Festo to set up factory in Việt Nam
Festo, a German supplier of automation technology and technical education, plans to set up a plant in Việt Nam to take advantage of the increasing foreign investment and production in the country.
— Viet Nam News

Germany firm Festo to set up factory in Vietnam
Festo, a German supplier of automation technology and technical education, plans to set up a plant in Vietnam to take advantage of the increasing foreign investment and production in the country.
— VietnamPlus

33 kg of drugs wash ashore in central Vietnam
Many kilograms of heroin and meth have washed ashore on central Vietnamese beaches, and authorities fear more may be floating at sea.
— VnExpress

Coffee sector to expand intensive processing to add value
Việt Nam has set itself a target of increasing the ratio of processed coffee from the current 10 per cent to 30-40 per cent by 2030 to add value, the Việt Nam Coffee Week heard in HCM City yesterday (December 4).
— Viet Nam News

‘Customer experience’ key to survival in digital age
Marketing strategies that include personalised customer experiences are essential to help companies survive in the highly competitive digital age, speakers said yesterday at an international summit in HCM City.
— Viet Nam News

Novaland Expo opens in HCM City
Thousands of investors and prospective buyers flocked to the Novaland Expo which opened in HCM City yesterday.
— Viet Nam News

Techfest 2019 kicks off in Hạ Long
The Vietnamese start-up eco-system has grown up with 38 incubators and more than 170 co-working spaces nationwide, while 52 out of 63 provinces and cities have plans and mobilised resources to support start-ups.
— Viet Nam News


Feature photo Vietnam Youth Ending Slavery – VYES

This week’s Vietnam morning news feature photo focus on International Day for the Abolition of Slavery, December 2.


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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