Vietnam morning news for January 8

Vietnam morning news for January 8

Vietnam morning newsVietnam Tourism Arrivals Surge 20%, Hit New Record
Vietnam closed 2018 almost spot on its target of tourist arrivals, counting 15,497,791 international visitors which represented an increase of 19.9 per cent over 2017. The official target for the year was set at 15.5 million.
— Investvine

Vietnam property inventories plunge to US$992 million as of end-2018
The value went down 82.24% from the peak in the first quarter 2013.
— Vietnam Net

Nearly 40,000 flights delayed in 2018
Four domestic carriers, Vietnam Airlines, Vietjet, Jetstar Pacific and the Viet Nam Air Services Company (VASCO), reported a total of 39,632 delayed flights in 2018.
— Vietnam Net

Vietnam Airlines opens new routes
The national flag carrier Vietnam Airlines will launch two new domestic routes connecting HCM City and Chu Lai in the central province of Quảng Bình, and Đà Nẵng City and Cần Thơ City this month.
— Vietnam News

Rubber exports rise in volume but decrease in value
Natural rubber export prices have been falling since the second half of 2017, which has led to revised business plans for 2019.
— Vietnam News

Vietnam could face tra fish oversupply
Vietnam’s tra fish export sector was probably the most improved industry this year, but rampant production could lead to excess supplies and price drops, according to Viet Dragon Securities Company (VDSC).
— Vietnam Net

VN exporters advised to follow origin regulations
The Ministry of Industry and Trade (MoIT) has advised Vietnamese exporters to strictly abide by regulations related to products’ origin.
— Vietnam Net

VNA’s journalists recall hectic reporting from Cambodia
Officials, experts, journalists, and technicians of the Vietnam News Agency (VNA) who worked through different periods in Cambodia met on January 7, recalling the memorable time of hectic reporting from the neighbouring country.
— VNA NET

Vietnam strives to have 62 percent of labourers trained
Vietnam sets a target of having 60-62 percent of its labourers trained by the end of 2019, of whom 24-25 percent will be granted certificates.
— Vietnam Net

Waste-to-energy offers quick returns
Power generation from waste has a short break-even period and benefits the environment and so is attractive to investors.
— Vietnam News

Landmarks of Vietnam-Cambodia friendship
In Janurary 7, 1979, the Vietnamese army along with the Kampuchean United Front for National Salvation overthrew the Khmer Rouge genocidal regime, ending the long nightmare of Cambodian people.
— Vietnam Net

Vietnam to test 5G mobile network this year
Vietnam will enhance its telecommunications infrastructure, expand its broadband network and develop 5G mobile connectivity this year.
— Vietnam Insider

Two fallen police generals face up to 12 years in jail
The pair were accused of infringing state regulations, allowing property tycoon Phan Van Anh Vu, aka Vu Nhom, to profit from public land appropriation.
— Vietnam Net

Vietnam looks to boost timber exports to EU
Vietnam will be able to boost its wood exports when the Vietnam-European Union Voluntary Partnership Agreement on Forest Law Enforcement, Governance, and Trade (VPA/FLEGT) takes effect.
— VNA NET

HCM City’s tax authority suspends enforcement decision against Sabeco
The Tax Department of HCM City has decided to suspend its decision to collect VND3.14 trillion (US$134.8 million) from Sai Gon Beer-Alcohol-Beverage Corporation (Sabeco) for the company’s special sales tax violations.
— Vietnam Net

Prime Minister welcomes European Parliament Vice President
Vietnam has always considered cooperation between its National Assembly and the European Parliament (EP) an important pillar of bilateral relations, Prime Minister Nguyen Xuan Phuc affirmed while receiving EP Vice President Heidi Hautala in Hanoi on January 7.
— VNA NET

Banks must warn customers about ATM theft
The State Bank of Việt Nam (SBV) issued a new circular requiring commercial banks to regularly update customers on the theft of money from ATMs, ensuring smooth ATM operations and preventing card crime.
— Vietnam News

Wooden furniture exporters expect bright prospects in 2019
2019 is expected to be a good year for Vietnamese wood and wooden furniture exporters thanks to the expansion of markets, according to the Ministry of Agriculture and Rural Development (MARD).
— VNA NET

Odd-shaped houses sprout up after street enlargement
Many odd-shaped houses have appeared on Pham Van Dong Street in Hanoi after a project to widen the street started.
— Vietnam Net

HCMC’s Tết gift hamper market
Lý Kim Thu of HCM City’s District 3 was choosing gift hampers at a supermarket near home for Tết (Lunar New Year), which falls on February 5 this year.
— Vietnam News

People abandon bikes at red lights following tragic accident
Some young people have made video clips in which they dismount from their bikes while waiting at the red lights due to safety fears.
— Vietnam Net

Sơn Dương deep-water port ready to receive 28 million tonnes of cargo this year
The Sơn Dương deep-water port in Hà Tĩnh Province is expected receive 28 million tonnes of cargo from roughly 1,513 ships in 2019, according to the Formosa Hà Tĩnh Company.
— Vietnam News

Rice seedlings to be sent to Laos after disasters
Deputy Prime Minister Vuong Dinh Hue has asked the Ministry of Agriculture and Rural Development to supply 300 tonnes of rice seedlings from the national reserve as a relief aid to help Lao people restore production in the post-natural disaster time.
— Vietnam+

Vietnam’s e-commerce sector prospers in 2018
Local newspapers noted six noteworthy events in e-commerce in 2018.
— Vietnam Net

Credit growth rises 14% in 2018
Deputy Director of the SBV Credit Department, Ha Thu Giang, said that the total loans in the agricultural, forestry and aquatic sector increased by 8.88% by the end of 2018.
— Nhan Dan

Value of IPOs and corporate bond issuance hits five-year high
Issuance value of corporate bonds in Việt Nam reached a five-year high of VNĐ39.45 trillion (US$1.7 billion) in 2018, data from Bảo Việt Securities Co (BVSC) showed.
— Vietnam News

European Parliament delegation visits Vietnam
Minister of Agriculture and Rural Development Nguyen Xuan Cuong had a bilateral meeting in Hanoi on January 7 with Vice President of the European Parliament (EP) Heidi Hautala who is leading an EP working delegation to Vietnam from January 7-9.
— Vietnam Net

Hoa Phat Group’s steel export shoots up over 50 percent
Hoa Phat Group, the largest steel maker in the country, shipped abroad 240,000 tonnes of steel in 2018, up 50.97 percent against the previous year, the group said on January 7.
— VNA NET

Cash withdrawal limit in foreign countries set at VND30 million
Commercial banks have to adjust the limit of cash withdrawals in foreign currency abroad to the maximum equivalent of VND30 million (US$1,280) per day for international credit and debit cards from early this year to meet a central bank regulation.
— Vietnam Net

Youngsters lead the startup scene in VN
VIETNAM is among the most dynamic start-up hubs in the world and well-educated, young entrepreneurs are expected to improve the countryâs position on the global start-up map.
— The Nation (very annoying popups)

Bright symbol of faithful international solidarity between Vietnam and Cambodia
Forty years ago, in exercising the legitimate right to national defence, the Vietnamese army and people along the Southwest border rose up and fought against the atrocities of the Khmer Rouge regime in order to defend national independence and protect the border, and also to help the Cambodian people topple the Khmer Rouge and enter a new era of peace, national harmony and development.
— Nhan Dan

Japanese group presents advanced recycling technology
A workshop introducing Japan’s advanced waste treatment technology was held at the Saigon Innovation Hub (SIHUB) in Ho Chi Minh City by the SIHUB and Japanese MILAI Group on January 7.
— VNA NET

Vietnamese rice makes name in world market
In 2018, Vietnam’s total rice exports reached 6.15 million tonnes, with export turnover of 3.15 billion USD. The industry saw a 5.7% increase in volume and 19.6% increase in value compared to 2017.
— Vietnam Net

Ash and cinder should be source of materials
Coal-fired thermal power plants in Vietnam release about 16.4 million tonnes of ash and cinder each year and are forecasted to discharge about 20.5 million tonnes by 2020, a report of the National Assembly (NA)’s Committee on Science, Technology and Environment has revealed.
— VNA NET

Wild orchids in forests could disappear with continued exploitation
The uncontrolled exploitation of wild orchids could lead to the eventual disappearance of beautiful, rare and precious species in Vietnam.
— Vietnam Net

 

Feature photo Quangpraha

 

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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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