Vietnam morning news for January 29

Vietnam morning news for January 29

Vietnam morning newsForeign investors pour money into food processing, drinks industry
The food processing and drinks industry has seen growth of 7 percent in recent years, with more and more foreign investors deciding to pour money into the sector.

58,461 bags of rice from Vietnam unloaded
THE National Food Authority (NFA) in Negros Occidental on Sunday, January 27, reported that 58,461 bags of imported rice from Vietnam were already unloaded and stored in its warehouses in the province.
— SunStar

Tea exports down in volume and value
Việt Nam exported 120,000 tonnes of tea in 2018, earning revenue of US$219 million, a year-on-year decrease of 8.4 per cent in volume and 3.4 per cent in value, respectively.
— Viet Nam News

Hanoi’s CPI increases 0.22 percent before Tet
Hanoi’s consumer price index (CPI) in January grew 0.22 percent from the previous month and 3.92 percent year on year, according to the city’s Statistics Office.

Techcombank achieves record pre-tax profit of US$457 million
Techcombank posted a record pre-tax profit of more than VNĐ10.6 trillion (around US$457 million) in 2018, representing a 31 per cent year-on-year increase.
— Viet Nam News

Support for low-income cancer patients ahead of Tet
President of the Vietnam Fatherland Front Central Committee Tran Thanh Man visited low-income cancer patients at Bach Mai Hospital in Hanoi on January 27 ahead of the traditional Lunar New Year festival (Tet).

New generation FTAs offer opportunities for Vietnam’s agricultural exports
New generation Free Trade Agreements (FTAs) such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), or the EU-Vietnam FTA (EVFTA) are expected to bring new opportunities for Vietnamese goods, including agricultural products.
— Nhan Dan Online

Steel producers urged to enhance product quality to compete
Enhancing product quality and optimising production cost would help domestic steel producers compete with the cheap products imported from China, Nguyn Văn Sưa, deputy president of the Việt Nam Steel Association, said.
— Viet Nam News

Rice supply for poor households in Ninh Thuan ahead of New Year
More than 797 tonnes of rice from the national reserves have been granted to poor households in the central province of Ninh Thuan from January 24-26 ahead of the (Tet) Lunar New Year holiday.

Improving efficiency of public investment
Public investment has been seen as an important area in the annual socio-economic development tasks. Therefore, in its Resolution No. 01/NQ-CP, issued at the beginning of the year, the Government has urged for the restructuring of investment, with a focus on public investment.
— Nhan Dan Online

Vietnam looks to an economy with globally extensive connectivity: PM
Prime Minister Nguyen Xuan Phuc has delivered Vietnam’s strong message, aspiration, and determination to become a “country of renovation and creativity” and an economy with globally extensive connectivity when engaging in every activity of the World Economic Forum (WEF) 2019 in Davos, Switzerland.

Standards needed for ‘smart homes’
‘Smart homes’ are becoming a new trend in Việt Nam’s housing market, however experts say that standards for ‘smart’ projects are needed.
— Viet Nam News

Ha Long-Van Don expressway to officially open on February 1
The State Council for Pre-Acceptance Test of Construction Works has tested the Ha Long-Van Don expressway, which connects with Ha Long – Hai Phong – Hanoi expressway and Van Don Airport, and agreed to put the road into conditional operation on February 1.

About 1,000 OVs attend “Homeland Spring” programme
About 1,000 overseas Vietnamese (OV) gathered at the annual “Homeland Spring” programme in Hanoi on January 26 to celebrate the upcoming Lunar New Year.

Vietnam firms invited to attend energy exhibition in Thailand
A meeting introducing the Institute of Electrical and Electronics Engineers – Power and Energy Society (PES) Generation Transmission and Distribution (GTD) Asia 2019 was held in Hanoi on January 24.

Retail firms boost sales to compete
The billion-dollar retail industry is attractive to many businesses but the industry also presents a fierce competition playground.
— Viet Nam News

Human Rights Council’s UPR Working Group adopts report on Vietnam
The UPR working group of the UN Human Rights Council adopted a preliminary report on the third review of Vietnam at a session at the UN headquarters in Geneva on January 25.

Vietnam probes sale of newborns to China
A 32-year-old woman from Nghe An is being investigated for luring pregnant women to China for selling their newborns.
— VnExpress

Binh Duong has first wastewater-to-clean water treatment plant
A plant processing industrial wastewater into clean water for daily use and production, the first of its kind in Vietnam, was inaugurated at Song Than 2 industrial park in Di An town, the southern province of Binh Duong on January 26.

Project on boosting aviation connectivity with tourist markets approved
Deputy Prime Minister Trinh Dinh Dung recently approved a project to strengthen aviation connectivity with tourist markets.

VN stocks to end lunar year quietly
Vietnamese shares are likely to remain quiet in the final trading week of the lunar new year with trading liquidity predicted to remain modest.
— Viet Nam News

ExxonMobil pledges 80,000 USD to improve child healthcare in Quang Nam
ExxonMobil has pledged 80,000 USD to help improve child healthcare in central Vietnam, contributing 50,000 USD to VinaCapital Foundation’s Survive to Thrive programme and 30,000 USD to Operation Smile Vietnam.

20th international windsurfing tourney wraps up in Binh Thuan
The international windsurfing competition – Fun Cup 2019 concluded in the central coastal province of Binh Thuan on January 26.


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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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