Vietnam morning news for January 9

Vietnam morning news for January 9

Vietnam morning news2018: Vietnam’s agriculture growth hits record high in seven years
The expanded export market, the export revenues hitting record high with US$40.02 billion, and the promotion of domestic consumption are the bright spots of Vietnam’s agricultural sector throughout 2018, which also witnessed the highest agricultural growth rate over the past seven years.
— Nhan Dan online

Vietnam’s economy to grow by 6.7-6.9 percent in 2019
Vietnam’s economy is forecast to grow by 6.8-6.9 percent in 2019 on the back of sound economic performance in 2018, according to the Vietnam Macro-Economic Outlook 2019, which was announced in Ho Chi Minh City on January 8.
— VNA NET

Central bank issues roadmap for ATM card upgrades
Under a new regulation, commercial banks will have to switch 30 per cent of their current magnetic strip ATM cards – more than 25 million in total – to chip cards by the end of this year to enhance safety and service quality.
— Viet Nam News

70 percent of firms ask for simplified customs procedures: survey
Up to 70 percent of the 3,000 import-export firms polled nationwide said they want simpler administrative procedures, as reported at a conference in Hanoi on January 8.
— VNA NET

Power shortages predicted for Southern region in 2021
Power shortages could occur in the southern region from 2021 to 2025, according to a report from Viet Nam Electricity (EVN).
— Viet Nam Net

Work starts on two solar power plants in Phu Yen
Phu Khanh Solar Power JSC and competent agencies of the central province of Phu Yen held a ceremony in Xuan Tho 1 commune, Song Cau district on January 8 to begin the construction of Xuan Tho 1 and Xuan Tho 2 solar power plants.
— VNA NET

Train tourism promotion programme launched in Da Nang
A cooperation agreement to promote a train tourism programme was signed between the SaiGon Passenger Transport JSC and the Da Nang Tourism Association of the central city of Da Nang on January 7.
— VNA NET

Police investigate 210 loan shark gangs
The Ministry of Public Security is investigating 210 loan shark gangs who are lending money to around 2,000 people and demanding payback at extortionate rates.
— Viet Nam Net

Dong Nai province urged to accelerate urbanization
Dong Nai should pay more attention to urbanization besides industrialization, Deputy Prime Minister Vuong Dinh Hue told the southern province’s officials during a working session on January 8.
— VNA NET

HCM City shifts to develop more cost-efficient crops, animals
Ho Chi Minh City’s agricultural sector will concentrate on shifting to crops and animals that can bring greater economic value and improve farmers’ incomes, heard a conference in the city on January 8.
— VNA NET

Vietnam to use smart apps, drones for forest protection
Forests could be managed and protected more effectively with the use of smart apps, which would also increase transparency, experts say.
— Viet Nam Net

Bamboo Airways licensed to operate commercial flights
The Civil Aviation Authority of Vietnam (CAAV) announced on January 8 that it has presented an Aircraft Operator Certificate (AOC) to Bamboo Airways, allowing the airline to begin commercial flights.
— VNA NET

SCIC reports 2018 profits 52 per cent higher than target
On Monday, the State Capital Investment Corporation (SCIC) reported after-tax profit of VNĐ8.25 trillion (US$358.7 million) in 2018, 52 per cent higher than the target for the year.
— Viet Nam News

Soc Trang: Organic rice cultivation yields good results
Farmers in the Mekong Delta province of Soc Trang have got higher profits since they switched to organic rice cultivation.
— VNA NET

Flower markets face busy period ahead of Tet
With almost one month to go before the start of the Lunar New Year (Tet) Festival, local people are rushing to Quang An flower market in Tay Ho District, Hanoi, to find the perfect decorative item for their home.
— Viet Nam Net

Vietnam-Cuba friendship school built for Cuban handicapped children
A Vietnam-Cuba friendship school has been inaugurated in Santiago city, Santiago de Cuba province of Cuba for children with physical disability on the occasion of the 60th anniversary of the victory of the Cuban Revolution (January 1).
— VNA NET

Ben Tre salt farmers hit by unexpected rains
Salt producers in the Mekong Delta province of Ben Tre have yet to begin their harvest one month into the 2018 -19 season because of unseasonable rains.
— Viet Nam Net

Banks asked to warn customers about money theft from ATMs
The State Bank of Vietnam (SBV) has issued a new circular requiring commercial banks to regularly update customers on the theft of money from ATMs, ensuring smooth ATM operation and preventing card crimes.
— VNA NET

More than 50 per cent of IT companies need to recruit heavily in 2019
Up to 53.6 per cent of information technology (IT) companies said they hope to increase their workforce by 10-30 per cent this year.
— Viet Nam News

Nearly 40,000 flights delayed in 2018
Four domestic carriers namely Vietnam Airlines, Vietjet, Jetstar Pacific and the Vietnam Air Services Company (VASCO), reported a total of 39,632 delayed flights in 2018, representing 13.4 percent of their flights – a year-on-year increase of one percentage point.
— VNA NET

Thai officials explore cooperation opportunities in Thai Nguyen
Thai Ambassador to Vietnam Tanee Sangrat led a delegation of the Thai embassy on a working trip to the northern province of Thai Nguyen on January 8 to enquire about cooperation opportunities between the two sides.
— VNA NET

Shares of Coteccons soar as foreign funds lift holdings
Shares of the construction conglomerate Cotec Construction Joint Stock Company (Coteccons), coded CTD, have recovered strongly since early November, climbing by 14 per cent after two foreign management funds announced they would increase their holdings in the company.
— Viet Nam News

Hai Duong province moves to conserve ancestral lychee tree
Thanh Ha district of northern Hai Duong province is taking steps to conserve and utilise the genetic resource of an almost-200-year-old lychee tree believed to be the origin of the local lychee specialty.
— VNA NET

Transmitted power volume rises 11 percent last year
The National Power Transmission Corporation (EVNNPT), a subsidiary of the state-owned Vietnam Electricity (EVN) group, transmitted 184.5 billion kWh of electricity in 2018, up 11.03 percent from the previous year.
— VNA NET

Quảng Trị gets PM approval for $614 million port project
The central province of Quảng Trị is going to build a seaport at a cost of VNĐ14 trillion (US$614 million) at local Mỹ Thủy Beach in an attempt to boost development of the province’s key economic zone.
— Viet Nam News

Value of IPOs, corporate bond issuance hits five-year high
Issuance value of corporate bonds in Vietnam reached a five-year high of 39.45 trillion VND (1.7 billion USD) in 2018, data from Bao Viet Securities Co (BVSC) showed.
— VNA NET

At least 1.5 million Tet gift packages for underprivileged
The Vietnam Red Cross Society (VRCS) will launch a programme entitled “The Strength of Humanity” on January 13 to call for support to the underprivileged ahead of the Lunar New Year (Tet) festival, according to VRCS Vice President Tran Thi Hong Anh.
— VNA NET

Businesses pleased with customs procedures but say more reforms needed
Businesses have been increasingly satisfied when dealing with administrative procedures in export-import activities but stated that more reforms are needed, according to a survey by the Vietnam Chamber of Commerce and Industry (VCCI).
— Nhan Dan online

Top legislator asks for stronger procuracy efforts to combat corruption
National Assembly Chairwoman Nguyen Thi Kim Ngan on January 8 called on the procuracy sector to speed up its work on especially serious corruption and economic cases, and exert greater efforts to promote anti-corruption and the fight against crime.
— VNA NET

Enhance accountability for SOEs: PM
Prime Minister Nguyen Xuân Phúc asked accountability to be enhanced in the restructuring and divestment of State-owned enterprises (SOEs) to improve the efficiency of the process.
— Viet Nam News

Hanoi streets enveloped by thick smog
Hanoi was covered by thick smog this morning, January 9, amid cold weather with light rain.
— Viet Nam Net

PM asked for solutions to pressing environmental issues
Prime Minster Nguyen Xuan Phuc has urged the Ministry of Natural Resources and Environment (MONRE) to deal with urgent issues, including dead rivers, lowering groundwater levels, the management of agricultural and forestry land, uncontrolled sand exploitation, plastic waste, and others.
— Nhan Dan online

One dead after bus plunges off Hải Vân Pass
A passenger bus with 23 people on board drove off the winding Hải Vân Pass in Thừa Thiên-Huế Province on Tuesday afternoon, plunging downhill and killing at least one passenger.
— Viet Nam News

One dead, two missing in Vietnamese oil tanker fire off Hong Kong
One Vietnamese sailor has died and two others are still missing after the Vietnamese oil tanker Aulac Fortune caught fire off the coast of Hong Kong on January 8, reported the Ministry of Foreign Affairs.
— VNA NET

Start-up agriculture campaign launched in Ho Chi Minh City
A start-up campaign targeting students and youths was launched in Ho Chi Minh City on January 8, as part of the “One Commune, One Product” programme.
— VNA NET

Trends in VN’s network safety, security
The Authority of Information Security,under Việt Nam’s Ministry of Information and Communications, has forecast five major trends in network safety and security to watch in 2019.
— Viet Nam News

VN firms get opportunities in Bulgaria
The Việt Nam-Bulgaria Trade Promotion and Investment Centre opened in Hà Nội on Saturday, improving conditions for Vietnamese businesses to boost investment and exports to Bulgaria as well as accessing other EU markets.
— Viet Nam News

 

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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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