Vietnam morning news for January 16

Vietnam morning news for January 16

Vietnam morning news

Vietnam exports to be sold via Amazon
THE VIETNAM Trade Promotion Agency under the Ministry of Industry and Trade will work with Amazon to help Vietnamese small and medium-sized enterprises (SMEs) join the firmâs e-commerce system.
— The Nation (very annoying popups)

Vietnam’s SOE reform merits closer look by Chinese investors
Following the US exit, the new version of the Trans-Pacific Partnership (TPP) may offer an opportunity for China to invest more in Vietnam’s state-owned enterprises (SOEs).
— Global Times

Funds suffer losses on poor market performance
Over the past year, most investment funds in Vietnam’s equity market have seen negative growth in net asset value per share (NAVPS) due to the poor performance of the market indices.

M’sia will not lose competitiveness to Vietnam
Malaysia will not lose its competitiveness to Vietnam even though it does not ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
— The Borneo Post

PM asks Dak Nong’s police to ensure safety during Tet holiday
Prime Minister Nguyen Xuan Phuc on January 14 checked the combative readiness of police in the Central Highlands province of Dak Nong, asking them to stay vigilant and ensure public safety is maintained during the upcoming Tet (Lunar New Year) festival.

Crop cultivation sector targets $21 bln in export this year
The crop cultivation sector has set the goal of earning nearly 21 billion USD from farm produce export this year.
— Vietnam Net

Vietnam’s textile-garment industry hopes for breakthroughs in 2019
Vietnam’s textile and garment sector is hoped to make breakthroughs in 2019 based on successes and momentum last year.

Korean investors make bigger influence in Vietnamese market
Experts forecast South Korean investors will continue pouring more into the Vietnamese market by M&A or directly compete with local firms.
— Vietnam Net

Investment in fruit, vegetable processing surges as companies realise potential
Fruit and vegetable exports, which have been growing at around 15 per cent annually for the past five years, are a highly attractive business activity for enterprises, which are increasingly investing in large and modern processing plants.
— Vietnam News

Conference discusses potential impact of Laos’ Pak Lay hydropower project
Representatives of Mekong Delta localities, central departments, and agencies, as well as scientists gathered at a conference on January 15 to discuss the potential impacts of the Pak Lay hydropower project in Laos.
— Vietnam Net

Hanoi, HCMC hotel rooms cheaper only than Singapore’s
Hotel room rates in Hanoi and HCMC, at around $110 a night, are the second most expensive in Southeast Asia behind only Singapore.
— Vietnam Insider

Vietnam, China hold gov’t-level negotiation on territory, border
A Government-level negotiation on territorial and border issues between Vietnam and China took place in the northern mountainous province of Lao Cai on January 14.

From Tibet to the ‘Nine Dragons’, Vietnam’s Mekong Delta is losing sand
In the dead of night, the entire front half of shopkeeper Ta Thi Kim Anh’s house collapsed. Perched on the sandy banks of the Mekong River, it took just a few minutes for one half of everything she owned to plunge into its murky depths.
— Reuters

100,000ha of forest to be under sustainable management each year
The forestry sector will support the issuance of sustainable forest management certificates on an area of 100,000ha per year as part of efforts to ensure that Vietnamese wood products satisfy all international requirements as the country joins free trade agreements.

CPTPP comes into effect in Việt Nam today
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in Việt Nam today. The impact of the CPTPP on the economy depends greatly on the country’s ability to obtain opportunities and overcome challenges.
— Vietnam News

Social News 14/1
VN strives to erase maternal transmission of HIV, hepatitis B, syphilis, Health care a highlight in Vietnam-Cuba cooperation, Fourth school traffic safety contest launched, Major pagoda in Hai Duong province gets upgrade
— Vietnam Net

Bird sanctuary stands out in Ca Mau
Inside the Cultural Park of Ca Mau city lies a breath-taking bird garden, drawing thousands of visitors to the country’s southernmost province. However, increasing pollution has threatened the survival of the local environment.
— Vietnam Net

Large-caps expected to drive market up
Large-cap stocks may be a better option for investors at the moment as earnings season is approaching and expectations will be better on large-cap companies thanks to their stable, consistent and less risky performances.
— Vietnam News

NA Chairwoman urges early completion of Vietnam-Cambodia border demarcation
National Assembly Chairwoman Nguyen Thi Kim Ngan has asked the Cambodian National Assembly to instruct relevant Cambodian agencies to coordinate with Vietnamese counterparts to accelerate and early complete land border demarcation and marker planting.

Festival brings H’Mong people’s traditional New Year celebration to Hanoi
H’Mong people often celebrate their traditional New Year one month ahead of the lunar New Year festival when people finish harvesting their crops. Days before the festival, people prepare altars at their house and make new clothes to welcome the new spring.
— Nhan Dan

RoK-funded wooden walk along Huong river inaugurated
A walk along Huong river was inaugurated and put into use in the central province of Thua Thien-Hue on January 15.

From bikes to phones, ‘Made in Vietnam’ grows with foreign help
Real estate conglomerate Vingroup launched its first electric motorbike in November. The company is one of several striving to help achieve the Vietnamese government’s target of becoming a fully industrialized nation by 2020.
— Nikkei Asian Review (paywall)

Students to have one hour of physical exercise per day: Gov’t
The Government has approved a project to ensure proper nutrition and improve the physical fitness of students.
— Vietnam News

Many universities set English as admission criterion
Several universities have included English as one of the criteria in their enrolment plans for the 2019-2020 academic year.

Tan Son Nhat projected to serve 900 flights this Tet
The management board of Tan Son Nhat Airport in HCM City estimate that the airport will serve up to 900 flights a day this Tet Holiday.
— Vietnam Net

Ninh Thuan province to switch to new crops in 2019
The south central coastal province of Ninh Thuan will change the structure of nearly 1,200ha of crops to increase output and farmers’ income in response to climate change this year.

T-Art charts a new path for Vietnamese cuisine
When Chef Hải Anh teamed up with co-founder and CEO Thái Thanh Thủy to open The T-Art, they had a bold vision for the future of Vietnamese food. The restaurant would present quality local ingredients and traditional flavours in striking, modern ways.
— Vietnam News

Mui Ne envisioned to become a top destination in Asia-Pacific
Mui Ne beach is set to become one of the most-visited destinations in the Asia-Pacific by 2030 under a master plan for the development of Mui Ne National Tourism Site to 2025 with a vision for 2030 recently approved by the Prime Minister.
— Vietnam Net

First phase of smart city project considered a success
The smart city operation centre, which is part of a larger smart city project launched a year ago, is expected to open at the headquarters of the HCM City People’s Committee.
— Vietnam Net

Việt Nam Stock Exchange to be founded
Prime Minister Nguyen Xuân Phúc has approved the project of establishing Việt Nam Stock Exchange based on the restructuring of the two existing bourses with an aim to ensure securities market to operate with efficiency and transparency.
— Vietnam News

Japan’s Asahi Group sets up JV to tap in Vietnam’s dairy market
Vietnam has become an important market for Asahi Group, especially in nutritional products for children, said the group’s executive.
— Vietnam Net

Vietnam’s benchmark VN-Index projected to jump 18% in 2019: Bloomberg
The high growth would come from stable economic growth and cheap valuation of Vn-Index.
— Vietnam Net

Viettel valued at over 3 bln USD by Brand Finance
The military-run telecom provider Viettel has been valued at 3.178 billion USD by the world’s leading business valuation consultant Brand Finance.

Car rental market busy before Tết holiday
The car rental market has become very active in the capital city as the Tết (Lunar New Year) holiday approaches.
— Vietnam News

Vietnam calls for help to search for missing fishermen
Vietnam has called for help from Singapore, Indonesia, Malaysia, Thailand and Cambodia to search for 10 fishermen who have been missing since December 2018.

11 Vietnamese migrants found in Taiwan cargo truck
11 illegal Vietnamese migrant workers have been caught hiding in a cargo truck in Taiwan’s Taitung County. The Central News Agency reported Monday that nine of the immigrants were among the 152 who went missing in a dramatic vanishing act last month, citing county police.
— Vietnam Insider

HCM City traditional markets ready for Tet season
Wholesale and retail markets in HCM City are busier than ever with the Lunar New Year (Tet) holiday only weeks away.

Ca Mau dried-banana village increases production for Tet
– A famous dried-banana village in Tran Hoi Commune in Ca Mau Province is now entering its peak production season for Tet (Lunar New Year), which falls on February 5 this year.
— Vietnam Net

Leader calls on whole society to support disadvantaged
Party General Secretary and President Nguyen Phu Trong called on agencies, organisations, businesses and people from all social strata to join hands in supporting disadvantaged people, while addressing an event in Hanoi on January 13.

Ministry guides oil spill response
The Ministry of Natural Resources and Environment has issued a circular to regulate marine oil spill cleanup and recovery efforts.
— Vietnam Net

Xoan singing – spotlight of tour to ancestral land
Xoan-singing clubs in the ancestral land of Phu Tho have become busier welcoming both domestic and foreign tourists after the folk genre of music was added to the UNESCO List of the Intangible Cultural Heritage of Humanity in late 2017.


Feature photo Pixabay

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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