Vietnam morning news for February 8

Vietnam morning news for February 8

Vietnam morning news

Hanoi aims for 7.6 percent economic growth in 2019
The People’s Committee of Hanoi has set a gross regional domestic product (GRDP) growth of 7.4-7.6 percent and an export growth of 7.5-8 percent for the capital city in 2019.

Vietnam to create favourable conditions for private firms
Vi?t Nam will continue to hasten efforts to improve the business climate in terms of quality to create favourable conditions for the private sector to play its role as a driver in promoting rapid and sustainable economic growth.
— Viet Nam News

High-end apartment prices still lower than regional peers
High-end apartment prices in Ho Chi Minh City and Hanoi are generally still lower than regional peers such as Kuala Lumpur and Bangkok, despite much stronger growth rates in Ho Chi Minh City when compared with these markets, according to Mr. Neil MacGregor, Managing Director of Savills Vietnam.
— Vietnam Insider

Vietjet Air flight makes unscheduled landing for technical check
A flight of Vietnam’s budget carrier Vietjet Air from Vinh city in the central province of Nghe An to Ho Chi Minh City on February 6 changed its schedule for a technical check.

Everything you need to know about Vietnam’s new budget airline
January saw the start of operations for Bamboo Airways, another budget carrier based in Vietnam. Bamboo Airways, the country’s fifth airline, joins national carrier Vietnam Airlines and its wholly-owned domestic airline, VASCO, as well as two other budget carriers, Jetstar Pacific Airlines and Vietjet Aviation.
— Lonelyplanet

Vietnam needs a better Government bond market
In recent years, the Government bond market has become an important capital mobilisation channel for Vietnam. However, the scale of the country’s bond market is modest compared to national economic scale and to other regional countries.

Domestic retailers urged to team up to compete with foreign rivals
Competition between domestic and foreign retailers was likely to remain fierce this year, requiring Vietnamese businesses to co-operate in order to maintain their market shares, said an official from the Ministry of Industry and Trade (MoIT).
— Vietnam Insider

Ten outstanding achievements in agriculture, rural development in 2018
The Ministry of Agriculture and Rural Development has announced the 10 most outstanding achievements of the sector in 2018.

Investigation ordered into disappeared Vietnamese blogger in Bangkok
The Immigration Bureau promised on Thursday to investigate the disappearance of a dissident Vietnamese journalist believed to have been abducted at the northern Bangkok Future Park mall two weeks ago.
— Bangkok Post

Traders in Da Nang learn foreign languages to woo more customers
Small traders at several markets in the central city of Da Nang, including Son Tra night market, are now being provided with free foreign language courses, to improve service quality and woo more customers to their stores.

Nagoya-Ðà N?ng direct flight set to launch in 2019
The central city’s international airport administration, in co-operation with Chubu Centrair airport, Japan, plans to launch daily direct flights connecting Ðà N?ng and Nagoya later this year.
— Viet Nam News

Bac Ninh province attracts more investment right on first days
Bac Ninh province, about 60km north of Hanoi, handed over investment licenses and signed land-use contracts with many domestic and foreign investors right on the first days of 2019, according to local authorities.

Vietnam’ FPT and Germany’s Allianz to launch digital insurance venture
Leading Vietnamese tech group FPT will launch a digital insurance venture in March with Germany’s Allianz, pushing further into a growing market, a person familiar with the matter told the Nikkei Asian Review.
— Vietnam Insider

Fruit, vegetable sector targets 4.2 billion USD in export turnover in 2019
The fruit and vegetable sector aims to gross nearly 4.2 billion USD in export turnover this year, according to the Department of Crop Production under the Ministry of Agriculture and Rural Development.

CPTPP brings opportunities, challenges to Vietnam’s agriculture
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has recently taken effect in Vietnam, which will bring about both opportunities and challenges for many fields, including agriculture.
— VietnamPlus

Ten outstanding external relations events of Vietnam in 2018
Vietnam closes the year 2018 with many political, diplomatic and socio-economic events and hallmarks which have drawn special international attention. The following are 10 prominent external relations events selected by the Vietnam News Agency.

Shutting down 2G not feasible as 70 million still subscribe
About 70 million people subscribe to 2G in Vietnam, according to the Ministry of Information and Communication (MIC).
— VietNamNet Bridge

Da Lat records surge in tourist arrivals during Tet holidays
Da Lat resort city in the Central Highlands province of Lam Dong has seen a sharp increase of tourist arrivals during the traditional Lunar New Year (Tet) holidays.

Innovation, creativity increasing Vietnam’s value
According to the Global Innovation Index 2018 (GII 2018), Vietnam has recently increased to the position of 45/126 countries and economies. This is the result of various encouraging policies issued by the state as well as local authorities on startup activities.
— Sggp News

Hue – Da Nang steam train to be restored to serve tourism
The Indochina Rail Tourist Service Company plans to restore the operation of steam trains travelling between the central city of Da Nang and Hue to serve tourists.

Top sacred places for spring pilgrimages in northern Vietnam
Yen Tu, Huong and Bai Dinh pagodas and Den Tran Temple are popular destinations for spring pilgrimages.
— VnExpress

Thua Thien-Hue okays marine ecological tourist complex
The central province of Thua Thien-Hue has given nod to the construction of a marine ecological tourist complex in Hai Duong commune, Huong Tra township.

Vietnam grape taste changes
An Australian table grape exporter said his customers in Vietnam have shifted to preference seedless varieties.
— Fruitnet

Traffic accidents kill 15 on first day of Tet
According to the Traffic Police Department under the Ministry of Public Security, the whole country saw 21 traffic accidents with 15 deaths and 13 injuries on February 5, the first day of the lunar New Year.

VND to depreciate by 3% at most in 2018: BVSC
The Vietnamese dong will not depreciate much against the US dollar in the second half of this year, so the whole year’s slide will be 3 per cent at the most, the Bao Viet Securities Company (BVSC) has forecast.
— VietNamNet Bridge

Traffic accidents kill 96 in five days of Lunar New Year holiday
As many as 96 people were killed while 110 others were injured in 144 traffic accidents over the first five days of the Lunar New Year (Tet) holiday, which began on February 2, according to the Ministry of Public Security.

Hanoi: Various activities invite visitors to Spring Book Street
A wide range of activities are being held in a Lunar New Year (Tet) celebrating programme that kicked off on the December 19 Book Street in Hanoi on February 7.

VinFast bolsters Vietnam’s car-making ambition
Vietnam, over the past three decades, has sought to boost its levels of industrialization by developing an indigenous automotive industry. And VinFast, a member of Vietnam’s leading real estate development Vingroup, seems to be a dream come true.
— VietNamNet Bridge

Tattoo increasingly becomes popular art form
Vietnamese people are becoming more open to getting tattoos, , which was regarded as a taboo in Vietnam for decades.

Kwiatkowski to become Vietnamese citizen for SEA Games
Tennis player Thai Son Kwiatkowski, ATP world rank 275, will become a naturalised Vietnamese citizen to take part in the Southeast Asian Games later this year.

The battle for Hmong heritage in Vietnam
Vuong Duy Bao surveys his ancestral palace, a vestige of Vietnam’s marginalised Hmong ethnic minority that he says was taken from his family by local officials.
— Channel NewsAsia

Quang Binh aims to greet 4.3 million tourists in 2019
The central province of Quang Binh targets to welcome 4.3 million visitors in 2019, about 250,000-300,000 of them foreigners, and earn some 5 trillion VND (more than 214 million USD) from tourism.

Bac Giang hosts Culture Tourism Week
The northern province of Bac Giang will host a Culture – Tourism Week from February 14 to 20 with a theme ‘Discover Sacred Land in Tay Yen Tu’.

Changes expected to lay ahead for real estate firms
Real estate developers must review their business strategy if they want to keep up with the opportunities set to come from the expected changes to the sector, according to industry insiders.
— VietNamNet Bridge

Vietnam welcomes US-DPRK planned 2nd summit
Vietnam welcomes the second US-Democratic People’s Republic of Korea summit and strongly supports dialogues to maintain peace, security and stability on the Korean Peninsula.

Xich Dang temple of literature in Hung Yen
Following the construction of Quoc Tu Giam Temple of Literature in Hanoi, which is seen as Vietnam’s first university, in 1070, many temples of literature were built across the nation. Xich Dang temple of literature in the northern province of Hung Yen is one of them.


Feature photo loilamtan

This week’s Vietnam morning news feature photo acknowledges Chinese New Year, 2019.


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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