Vietnam morning news for January 31

Vietnam morning news for January 31

Vietnam morning newsCPI slighly increases in January on rising consumption for Tết
Vietnamese consumer prices rose slightly in January on increased shopping demand as the Tết (Lunar New Year) holidays were approaching.
— Viet Nam News

VietJet posts 24% growth in revenue
VietJet Aviation Joint Stock saw a 24% increase in total revenue last year from 2017, earning 71 billion baht, of which 49 billion was from air transport (a gain of 49%).
— Bangkok Post

Tuna exports predicted to flourish in 2019
Vietnam’s tuna exports are expected to thrive in 2019 as several obstacles regarding origin certification have been removed, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
— VNA NET

Steel producers urged to enhance product quality to compete
Enhancing product quality and optimising production costs would help domestic steel producers compete with cheap products imported from China, said Nguyen Van Sua, Vice President of the Vietnam Steel Association.
— VietnamPlus

Vietnam allows three firms to export unsold iron ore
The trade ministry has approved export of 340,000 tons of unsold iron ore produced by VTM, a big loss-making project.
— VnExpress

Firms asked to start internal audits
Listed companies and public enterprises owned fully or partially by the State are required to start internal audits on April 1, 2019.
— Viet Nam News

Bamboo Airways opens Ho Chi Minh City-Thanh Hoa air route
Bamboo Airways – the newest Vietnamese airline – launched an air route linking Ho Chi Minh City with the central province of Thanh Hoa on January 29, with the frequency of one flight per day.
— VNA NET

Hà Nội urged to change ways of using FDI capital
Hà Nội should change its mindset to draw more foreign direct investment (FDI) capital and improve the use of FDI capital in at least 10 years with rising challenges and opportunities, Deputy Prime Minister Vương Đình Huệ said on Tuesday.
— Viet Nam News

Vietnam is ninth highest receiver of remittances
Vietnam received remittances of nearly $16 billion last year, more than 100 times the amount it had received 25 years earlier.
— VnExpress

Prime Minister approves plan to implement CPTPP
Prime Minister Nguyen Xuan Phuc has approved a plan to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
— Bizhub

S Korea largest export market for Vietnamese squid and octopus
South Korea was the largest export market for Vietnamese squid and octopus last year, accounting for 40 per cent of the total value, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
— Viet Nam News

Vietnam Auto Finance Market Outlook to 2023: Ken Research
The report titled “Vietnam Auto Finance Market Outlook to 2023 – by Loan Tenure, by Type of Institution (Commercial Banks and Non- Banking Financial Institutions) and by Type of Vehicle (Passenger and Commercial)” provides a comprehensive analysis of Vietnam’s Auto Finance Market including market evolution, overview, genesis, market size and market segmentations.
— Vietnam Insider

VN receives over 1.5 million holiday-makers in January
Việt Nam attracted an estimated 1.5 million foreign arrivals in the first month of this year, a year-on-year increase of 5 per cent, latest data from the General Statistics Office (GSO) revealed.
— Viet Nam News

Bright prospects for real estate market in central coastal localities
Localities surrounding Hanoi and Ho Chi Minh City, as well as the central coastal provinces from Thanh Hoa to Binh Thuan, are stepping up investment in economic, industrial, and urban development towards the sustainable growth of the real estate market in 2019, according to General Secretary of the Vietnam Association of Realtors Nguyen Van Dinh.
— VietnamPlus

Press competition on Party building launched abroad
The Party Committee of overseas Vietnamese representative offices on January 28 launched the fourth Bua Liem Vang (Golden Hammer and Sickle) Press Awards, calling for entries on Party building.
— VNA NET

Controversial tax authorities removed
A draft regulation that would require banks to provide details of customers’ accounts to tax authorities which has caused controversy has been removed from the latest version of the draft Law on Tax Management.
— Viet Nam News

Facebook Messenger most popular chat app for online shopping in Vietnam
Seventy percent of Vietnamese using chat apps for online shopping do so on Facebook Messenger, a survey has found.
— VnExpress

Demand for delivery services surges before Tết holiday
Delivery services, especially items for Tết (Lunar New Year), are working hard to meet the surge in demand in the run-up to the year’s biggest holiday in HCM City.
— Viet Nam News

Former Vietnam spy and property magnate handed third jail sentence
A property magnate turned fugitive spy was jailed for the third time in Vietnam on Wednesday after a court convicted him of corruption over murky land deals that cost the state millions of dollars.
— The Japan Times

‘Kingdom of Garlic’ faces challenges as prices fall
The mass trade of imitation products and a lack of Geographical Indication (GI) are seen as major reasons behind falling prices for Lý Sơn garlic, the product known as the ‘King of Garlic.’
— Viet Nam News

January marks auspicious start of 2019 for Vietnam’s economy
Keeping up the momentum from the previous year, the Vietnamese economy got off to a good start in 2019 with many robust macroeconomic indices in the first month.
— VietnamPlus

Demand for delivery services surges before Tet holiday
Delivery services, especially items for Tet (Lunar New Year), are working hard to meet the surge in demand in the run-up to the year’s biggest holiday in HCM City.
— Bizhub

Project hopes to see flight arrivals take off
Deputy Prime Minister Trịnh Đình Dũng has approved a project to enhance air connectivity. It will open new routes and increase frequency of existing flights between Vietnam and major tourist destinations around the world.
— Viet Nam News

Forum on climate-resilient development in Mekong Delta planned in Vietnam
Prime Minister Nguyen Xuan Phuc has agreed in principle to the organisation of a forum on sustainable and climate-resilient development of the Mekong Delta in October 2019.
— Eleven Myanmar

Shares end positive thanks to banks
Shares closed Tuesday on a positive note thanks to the strong recovery of banking stocks.
— Viet Nam News

 

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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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