Vietnam morning news for January 24

Vietnam morning news for January 24

Vietnam morning news

Vietnam records 1 billion USD trade deficit in first half of Jan
Vietnam had a trade deficit of about 1 billion USD in the first 15 days of this year, according to the General Department of Customs.
— VNA NET

Fintech accounts for maximum startup funding in Vietnam in 2018
Fintech accounted for the maximum funding in Vietnamese startups in 2018, surpassing e-commerce and other sectors.
— DealStreetAsia

Vietnam targets to attract 100,000 agricultural businesses
Vietnam wants to attract 100,000 businesses to invest in agriculture, of which between 3,000-4,000 enterprises will be large scale with the rest medium-sized.
— VNA NET

VN drops on global talent index
Việt Nam ranked 92 out of 125 countries in the 2019 Global Talent Competitiveness Index (2019 GTCI), a report assessing the competitiveness of countries’ human resources.
— Vietnam News

Real estate market in 2019 marked by 5 trends
Vietnam’s real estate market will be shaped by five main trends in 2019 according to a JLL report: the mid-end and affordable apartment segment, flexible workspaces, technology companies in the office segment, e-commerce in logistics, and hotel lifestyle.
— Vietnam Insider

Hanoi, HCM City plan to ban motorcycles from central areas
Authorities of Hanoi and Ho Chi Minh City are speeding up plans to limit motorbikes entering inner-city areas and eventually phase motorbikes out in downtown areas to ease traffic jams.
— VNA NET

Nearly 900 million USD injected in Vietnamese startups in 2018
Vietnamese startups were invested in to the tune of 900 million USD in 2018, tripling the previous year’s investment, according to a report recently released by Topica Founder Institute (TFI), a startup accelerator programme in Vietnam and Thailand.
— Vietnam+

Vietnam jails activist for 14 years on sedition charge
A court in Vietnam sentenced an activist to 14 years in prison Tuesday for attempting to “overthrow” the country’s government, state media reported.
— Tribune

SSC to strengthen handling of stock manipulation
The State Securities Commission of Vietnam (SSC) will strengthen co-operation with the ministry of Public Securities to bolster the inspection and handling of manipulation and insider trading on the stock market.
— Bizhub

Vietjet passes special supervision after incident series
The low-cost Vietnamese carrier Vietjet has gained a pass over the month-long special supervision by the Civil Aviation Authority of Vietnam (CAAV), which resulted from a sequence of incidents involving its flights last month.
— Vietnam Insider

Vietnam commits to promoting protection of human rights
Vietnam regards the Universal Periodic Review (UPR) as an obligation of a responsible member of the United Nations (UN) as well as an opportunity to introduce the country’s consistent policies, efforts and achievements in protecting human rights, according to Deputy Foreign Minister Le Hoai Trung.
— VNA NET

IFC mulls $10m financing for Vietnam’s healthcare firm Pacific Holdings
International Finance Corporation (IFC) is considering extending a $10-million convertible loan to Ho Chi Minh City-based healthcare firm Pacific Holdings Vietnam.
— DealStreetAsia

International expert hails Vietnam’s contributions to WEF
Dr. Pierre Groning, Director Advocacy of Amfori – a Belgium-based global business association – has applauded Vietnam’s increasingly important contributions to the World Economic Forum (WEF).
— VNA NET

Japanese personnel provider enters Vietnamese market
A representative from Japan’s Sunwell Solutions JSC said on January 23 that its Vietnamese office officially became operational earlier this month.
— Vietnam+

Rice allocated to northern, central provinces ahead of Tet
Prime Minister Nguyen Xuan Phuc has decided to provide rice as food aid for people in northern and central provinces ahead of the Lunar New Year (Tet) holidays.
— VNA NET

SSC to strengthen handling of stock manipulation
The State Securities Commission of Vietnam (SSC) will strengthen co-operation with the ministry of Public Securities to bolster the inspection and handling of manipulation and insider trading on the stock market.
— Vietnam News

State support for disadvantaged people ahead of Tet
Disadvantaged people in remote areas across Vietnam have received support from the State ahead of the upcoming traditional Lunar New Year festival (Tet).
— VNA NET

Go Viet drivers quit due to higher commission rate
Many partner-drivers of the ride-hailing brand Go Viet, a unit of Indonesian firm Go-Jek, have voiced their opposition to a new policy of Go Viet to increase the commission rate to 20% from the current 0%. Some drivers have even quit though the firm announced it would refund 10% of the fares to them.
— Vietnam Insider

Forum promotes Vietnam-UK educational investment, cooperation
A Vietnam-UK educational investment and cooperation forum held in London on January 22 was successful beyond expectations with the signing of 23 memoranda of understanding.
— VNA NET

Vietnam, India seek ways to remove obstacles to trade ties
Vietnam and India discussed specific measures to remove obstacles to trade and investment cooperation between their businesses during the fourth meeting of the Joint Sub-committee on Trade in Hanoi on January 23.
— Vietnam+

Generation Z motivates Vietnamese entrepreneurs to open bubble tea shops
More and more Vietnamese entrepreneurs are banking confidently on the popularity of bubble tea among the nation’s youth.
— VnExpress

Former petrochemical executives receive 4-8 years in prison
Four former executives of Binh Son Refining and Petrochemical JSC (BSR) on January 22 were sentenced to four to eight years in prison for charges of “abusing position and power to appropriate assets”, following a two-day trial.
— VNA NET

Coteccons reports 8 percent decline in profits
Construction giant Coteccons has reported an 8 percent fall in net profit last year, and blamed it on rising costs.
— VnExpress

Dak Nong, Cambodia’s Mondulkiri province enhance collaboration
The Central Highlands province of Dak Nong and its neighbouring Cambodian province Mondulkiri signed a memorandum of understanding on socio-economic cooperation for 2019 in Gia Nghia town on January 22.
— VNA NET

HDBank pre-tax profit increases by 65.7 per cent to $ 172.6 million
The HCM City Development Joint Stock Commercial Bank (HDBank) has announced its results for the fourth quarter of last year and for the full financial year, achieving impressive growth and meeting ambitious targets.
— Vietnam News

Vietnam awarded more SEA Games 2017 medals
Vietnam was awarded more medals from the 29th Southeast Asian Games held in Malaysia in 2017, as athletes of Thailand and the host country tested positive for doping, the Vietnam Olympic Committee (VOC) has announced.
— VNA NET

Work starts on first yarn factory in southwestern region
The Dong Nam Textile JSC, a subsidiary of the Vietnam National Textile and Garment Group (Vinatex), began construction of the first yarn factory in the southwestern region in Bac Lieu province on January 23.
Vietnam+

Italian President asserts treasuring ties with Vietnam
Italy attaches importance to developing the strategic partnership with Vietnam – its leading partner in the Association of Southeast Asian Nations (ASEAN), Italian President Sergio Mattarella has said.
— VNA NET

 

Feature photo Asian Development Bank

This week’s Vietnam morning news feature photo acknowledges International Day of Education, January 24.

 

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.

 

The following two tabs change content below.

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

Support independent media by sharing

Leave a Reply

Your email address will not be published.