Vietnam morning news for February 28

Vietnam morning news for February 28

Vietnam morning newsVietnam’s Bamboo Airways and VietJet signed deals to buy 110 aircraft from Boeing during Donald Trump’s visit to Hanoi
Vietnam’s Bamboo Airways and VietJet just signed deals to buy 110 aircraft from Boeing during The US President Donald Trump’s visit to Hanoi for a summit with North Korean leader Kim Jong-Un.
— Vietnam Insider

Chinese businesses control dragon fruit collection units in Vietnam
In Vietnam’s in Chau Thanh district, there are more than 8,000 hectares of red-flesh dragon fruit growing area, including 2,000 hectares of high tech cultivation.
— Fresh Plaza

FDI in first two months of 2019 reaches $8.5 billion
Foreign investors have poured US$8.47 billion into Việt Nam this year as of February 20, 2.5 times higher than the same period of last year, data from the Foreign Investment Agency under the Ministry of Planning and Investment revealed.
— Viet Nam News

Moody’s: Foreign investment crucial to Vietnamese banks in 2019
Most Vietnamese banks fall short of international capital adequacy norms and have to focus on attracting foreign capital this year, Moody’s has said.
— Vietnam Insider

Vietnam banks’ profitability improves
Vietnamese banks are forecast to gain in profitability this year, but raising capital will be a key focus for banks to meet the State Bank of Việt Nam’s strict Basel II requirements.
— Viet Nam News

Strong state budget revenue reaped thanks to private investment rising
Despite Vietnam’s reduction in revenues from cuts in fee and tariffs, the economy has reaped good results in budget revenues.
— Nhan Dan Online

Australia and Vietnam strengthen trade ties through table grapes
As the Australian table grape export season commences, Australian growers head to Vietnam to boost trade relations.
— Fresh Plaza

Vietnam’s economy races ahead. But can it keep the wheels on?
With a few taps of their smartphone screens, hungry officials gathered in Hanoi for a summit between the leaders of the United States and North Korea this week can send delivery drivers racing through honking motorbike traffic. A bowl of hot noodles or a fresh Big Mac could be minutes away.
— Aljazeera

Vietnam overcame isolation to become a manufacturing hub — and North Korea is watching
Once-isolated and among the poorest countries in the world, Vietnam has over the last three decades emerged as a manufacturing hub where large multinational firms such as Intel, Samsung, Adidas and Nike have set up bases in.

Indonesia slams Vietnam for disrupting arrests
Maritime Affairs and Fisheries Minister Susi Pudjiastuti lambasted the Vietnam Fisheries Resources Surveillance (VFRS) agency for allegedly disrupting the Indonesian Navy’s efforts to seize four Vietnam-flagged vessels for illegally fishing in Indonesian waters.
— The Jakarta Post

Vietnam installs traffic cameras nationwide
Surveillance cameras will be installed on a trial basis in Vietnam’s Ho Chi Minh City and Hanoi by 2020 and nationwide by 2022 to monitor traffic violations, help ease reduce traffic jams and traffic accidents, local media reported Tuesday.
— Vietnam Insider

Vietnam Wants Western Politicians, Not Western Politics
As the orange man meets the rocket man this week, the venue is also drawing attention.
— Foriegn Policy

VN among nine countries with strongest US dollar in 2019
Việt Nam is listed among nine countries where the US dollar is strongest in 2019, according to a report from Smart Travel.
— Viet Nam News

In Vietnam, Trump finds a ‘socialist’ country he likes
Republicans may want to re-think one of their planned 2020 campaign themes: It seems that President Donald Trump has met a “socialist” country he actually likes.
— Politico

Saigon, Hanoi named among 20 most expensive Southeast Asian cities
A new index puts Hanoi 13th and Saigon (HCMC) 15th on the list of 20 most expensive Southeast Asian cities. The new Cost of Living Index for the region has been compiled by, the world’s largest database of user contributed data about cities and countries worldwide.
— Vietnam Insider

Vietnam Airlines and Cambodia’s Ministry of Tourism ink co-operation agreement
National carrier Vietnam Airlines and Cambodia’s Ministry of Tourism signed a tourism development co-operation agreement in Phnom Penh, Cambodia on Tuesday that runs through 2021.
— Viet Nam News

HoSE sees 300 firms exceed profit targets
The Ho Chi Minh Stock Exchange (HoSE) has witnessed some 300 businesses reportedly exceeding their 2018 business plans in a spectacular way.
— Bizhub

US seeks increased trade, investment ties with Vietnam: Trump
The US wants to boost trade and investment ties with Vietnam, President Trump said at a meeting with PM Phuc Wednesday.
— VnExpress

Samsung confirms leading role in Việt Nam’s support industry
Deputy Prime Minister Trịnh Đình Dũng has asked South Korean firms, including electronics giant Samsung, to continue playing a leading role in pushing Vietnamese support enterprises for joint development.
— Viet Nam News

Vietnam Airlines, Cambodia’s Tourism Ministry ink cooperation deal
National flag carrier Vietnam Airlines and Cambodia’s Ministry of Tourism have signed a tourism development cooperation agreement that runs through 2021.
— VietnamPlus

Việt Nam gains trade surplus of $250m with Canada
Việt Nam gained a trade surplus of more than US$250 million with Canada in January.
— Viet Nam News

Vietnam – second biggest coffee supplier of Belgium in 2018
Vietnam was the second biggest supplier of coffee for Belgium after Brazil in 2018.
— VietnamPlus

Luxury Hotels in Hà Nội fully booked head of Trump-Kim Summit
All 5-star luxury hotels in Hà Nội have run out of room ahead of the second DPRK-USA Summit, taking place today and tomorrow in the capital city.
— Viet Nam News

More than 2.7 billion USD worth of ODA pumped into irrigation
Twenty two official development assistance (ODA) projects with total investment exceeding 2.7 billion USD have been deployed in irrigation since 1994, according to an official of the central project office (CPO) under the Ministry of Agriculture and Rural Development (MARD).

Trump hails $20 billion in Boeing orders by Vietnam
President Donald Trump on Wednesday praised Vietnam for working to reduce the trade imbalance with the U.S. as Vietnamese carriers signed deals to buy Boeing jets and technologies valued at more than $20 billion.
— Politico

Top Vietnamese leader holds talks with US President
General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong on February 27 held talks with US President Donald Trump, who is in Hanoi for the second DPRK-USA summit.

Vietnam Airlines, Sabre expand strategic cooperation
The national flag carrier Vietnam Airlines and Sabre Corporation (SABR) – the leading technology provider for the global travel industry will expand their existing strategic cooperation in aviation information and technology under a 300-million USD deal inked in Hanoi on February 27.
— VietnamPlus

Vietnam makes best of DPRK-USA Summit to promote tourism
Vietnam is taking full advantage of the second DPRK-USA Summit in Hanoi to promote its tourism as the whole world is paying special attention to the event and the host country, said a tourism official.

VN firms should focus on brand building
Vietnamese enterprises, especially small- and medium-sized ones, need greater awareness of the importance of brands and developing them to competitiveness, a seminar heard in HCM City yesterday.
— Viet Nam News

North Korean delegation visits VinFast factory in Hai Phong
Three deputy chairmen of the Korean Worker’s Party visited the car making plant of VinFast in Hai Phong Wednesday.
— VnExpress

Summit presents golden FDI opportunities
Hosting the global political event of the year will be a good opportunity for Việt Nam and Hà Nội to show its strengths to foreign investors and attract more foreign direct investment (FDI) this year.
— Viet Nam News

VUFO leader thanks PeaceTrees Vietnam for bomb, mine clearance
President of the Vietnam Union of Friendship Organisations (VUFO) Nguyen Phuong Nga has thanked PeaceTrees Vietnam (PTVN), sponsors, friends, and partners for promoting mediation and mutual understanding between Vietnamese and American people, as well as dealing with the consequences of bombs, mines and explosives left over from the war in Vietnam.

HCM City, Thai courts share experience in combating drug crime
Chief Judge of the Supreme Court of Thailand Cheep Jullamon worked with representatives from the People’s Court of Ho Chi Minh City on February 26 as part of activities during his ongoing working visit to Vietnam.


Feature photo World Vision

This week’s Vietnam morning news feature photo acknowledges Zero Discrimination Day, March 1.


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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