Vietnam morning news for February 1

Vietnam morning news for February 1

Vietnam morning newsVietnam’s automobile import skyrockets in January
Vietnam imported completely-built automobiles and components for assembly totaling 598 million U.S. dollars in January, recording a year-on-year surge of 118.9 percent, according to its Ministry of Industry and Trade on Thursday.
— Xinhua

Philippines, Vietnam biggest movers in 2018 corruption index
The annual report on state-level corruption by Transparency International contains few surprises for the Asean region. Singapore is still regarded as the nation with the least corrupt public sector in the region, while the kingdom of Cambodia once again brings up the bottom end of the list.
— AEC News Today

Vietnam’s garment export up 6.7 pct in January
Vietnam gained nearly 2.7 billion U.S. dollars from exporting garments and textiles in January, posting a year-on-year increase of 6.7 percent, the Vietnam Textile and Apparel Association said on Thursday.
— Xinhua

Vietnam steps up measures urged to expand e-payments via mobile subscribers
Vietnam is seeking strengthened measures to promote e-payments via cellphones, considering it among the key incentives to boost e-payment in the country.
— Nhan Dan Online

Leather, footwear exports gain advantages in 2019
Vietnam’s leather and footwear sector is set to continue to thrive in 2019, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).
— VNA NET

Vietnam per capita income matches Malaysia’s 20 years ago
Vietnam’s recent economic achievements notwithstanding, much effort is needed for it to close the gap with other countries, a minister has said.
— VnExpress

Securities, bond markets set for strong 2019
Trần Văn Dũng, chairman of the State Securities Commission, speaks to Vietnam News Agency about the securities market’s prospects this year following negative growth in 2018.
— Viet Nam News

Hanoi focuses on large-scale firms in FDI attraction strategy
Hanoi, the leading locality nationwide in FDI attraction in 2018, will focus on luring large-scale firms in the future, a move expected to also open up opportunities for small firms to invest in the city.
— VNA NET

US regulator to allow Vietnam carriers to fly to the US: Sources
The US Federal Aviation Administration is expected to grant a Category 1 rating to Vietnam soon, giving its airlines the opportunity to fly to the United States and codeshare with American carriers, two US officials said on Wednesday (Jan 30).
— The Straits Times

Hai Phong seizes 1.4 tonnes of pangolin scales, 100kg of tusks
Customs forces in the northern city of Hai Phong discovered nearly 1.4 tonnes of pangolin scales and 10 elephant tusks weighing more than 100kg hidden inside a container shipped from Nigeria.
— VNA NET

Jobs set to open up as companies relocate from China to Vietnam
Recruitment demand, especially senior positions in consumer electronics and real estate, is expected to increase in Vietnam as more companies relocate to the country from China, according to the latest report from Navigos Group.
— The Phnom Penh Post

Positive socio-economic trend continues in January: PM
The Government convened its monthly meeting on January 31 to review the socio-economic situation in January and preparations for the upcoming Lunar New Year festival (Tet).
— VNA NET

Export challenges may widen trade deficit
The trade deficit will be a big challenge for the economy this year due to tax incentives the lower the price of imported goods on the Vietnamese market.
— Viet Nam News

Vietnam’s export-import likely to hit record 500 bln USD in 2019
Vietnam’s export-import turnover is likely to hit a record 500 billion USD in the fourth quarter of 2019, up 5 percent from 2018, according to the General Department of Vietnam Customs.
— VNA NET

FPT profit up a whopping 30 pct
Vietnamese technology giant FPT has reported profit before tax of VND3.85 trillion ($165.95 million) in 2018, soaring 30 percent year-on-year.
— VnExpress

Sugar firm remains in VN30 Index
The HCM Stock Exchange has announced the first update of the year to the blue-chip VN30 Index, a basket of 30 stocks with the largest market capitalisation and highest liquidity.
— Viet Nam News

Hanoi-Manila air route helps intensify Vietnam-Philippines friendship
The Philippines Airlines (PAL) direct route linking Hanoi and Manila, scheduled to be launched on April 1, will help enhance ties between Vietnam and the Philippines.
— VNA NET

Export challenges may widen trade deficit
The trade deficit will be a big challenge for the economy this year due to tax incentives the lower the price of imported goods on the Vietnamese market.
— Bizhub

PV Oil’s foreign ownership cap temporary: executive
PV Oil’s locking of the foreign ownership ratio at 6.6 per cent is a temporary measure before the Government endorses its new capital divestment plan, according to the company’s general director Cao Hoài Dương.
— Viet Nam News

Vietnam among Rough Guide’s 20 most beautiful countries
Vietnam has been listed as one of top 20 most beautiful countries in the world by Rough Guide.
— Vietnam Insider

Savills Vietnam: luxury real estate remains promising
Vietnam’s luxury real estate market is set for strong growth in 2019, General Director of Savills Vietnam Neil MacGregor told the media on January 30.
— VNA NET

SBV set to rank local banks, credit institutions
The State Bank of Việt Nam (SBV) will rank credit institutions and foreign bank branches operating in the country in a move to ensure the safety of the banking system and protect legitimate rights of depositors.
— Viet Nam News

SBV set to rank local banks, credit institutions
The State Bank of Viet Nam (SBV) will rank credit institutions and foreign bank branches operating in the country in a move to ensure the safety of the banking system and protect legitimate rights of depositors.
— Bizhub

BVA to boost support for businesses
The Belgian-Vietnamese Alliance (BVA) launched as a chamber of commerce and industry for Belgium, Luxembourg and Việt Nam on Tuesday.
— Viet Nam News

Plastic straw waste art installation aims to raise awareness
Zero Waste Saigon, Starbucks Vietnam, and Keppel Land partner to showcase exhibition in HCMC by artist Von Wong.
— Vietnam Insider

Ambassador highlights progress in Vietnam-Russia ties in 2018
Vietnamese Ambassador to Russia Ngo Duc Manh highlighted developments in the two countries’ relations last year at a meeting with representatives of Russian and Vietnamese media agencies in Moscow on January 30.
— VNA NET

Four foreign investors keen on Minh Phú
Four foreign investors will participate in the private offering of 75.72 million shares of Minh Phú Seafood Corporation this year.
— Viet Nam News

 

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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).

Vietnam morning news by AEC News Today is your one stop source for Vietnam news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies, not politics.

 

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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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