Vietnam morning news for July 1

Vietnam morning news for July 1

Vietnam morning newsVietnam and European Union sign free-trade agreement
The deal will see the EU lift 85 per cent of its tariffs on Vietnamese goods, while Vietnam will lift 49 per cent of its import duties on EU exports, with other easing of tariffs to take place over the next decade
— South China Morning Post

Vietnam economy grows nearly 7% on trade war tailwinds
Vietnam’s real gross domestic product rose 6.71% on the year in the April-June quarter, marking one of the highest growth rates among key Southeast Asian economies as it shapes up into an alternative export hub to China.
— Nikkei Asian Review

Vietnam proposes establishing global network on ocean-sea data sharing
Prime Minister Nguyen Xuan Phuc proposed an initiative to form a global network on sharing data on oceans and sea, towards a global framework on preventing marine plastic waste at a discussion on climate and environment within the framework of the G20 Summit in Osaka on June 29.
— Sggp News

Import-export turnover reaches highest figure in six months
The total import-export turnover in the first six months of 2019 was estimated at US$245.48 billion, the highest ever level among the six-month figures, announced the General Statistics Office of Vietnam (GSO) on June 28.

Vietnamese spend a quarter of time on mobile phones playing games: report
A Vietnamese user spends an average 3 hours and 42 minutes on their mobile phones a day, of which 23 percent of time is spent playing games.
— VnExpress

Vietnam proposes initiative to deal with plastic waste at G20 Summit
The Vietnamese government’s leader proposed an initiative to set up a global network on sharing data on sea and oceans towards a global framework on preventing marine plastic waste.
— The Hanoitimes

Vietnam wants free and fair trade with U.S.
Vietnam said it was committed to free and fair trade with the United States on Friday, following threats by U.S. President Donald Trump to impose tariffs on products from the Southeast Asian country amid its ongoing trade war with China.
— Vietnam Insider

Bac Lieu promotes shrimp brand to the world
In order to promote the image and brand of Bac Lieu shrimp products to the world, on June 29, in Ha Long City, Quang Ninh province, Bac Lieu Provincial People’s Committee coordinated with the Ministry of Agriculture and Rural Development, the Ministry of Foreign Affairs, the People’s Committee of Quang Ninh province and Vietnam – Australia Group held a talk show titled “Meet Bac Lieu”.

Vingroup in deal with Fujitsu unit, Qualcomm to make 5G phones
Vingroup JSC, Vietnam’s biggest-listed firm by market value, said on Friday it had signed a deal with Qualcomm and a unit of Japan’s Fujitsu Ltd to produce 5G smartphones in the country.
— Vietnam Insider

Commentary: Vietnam bets big on a homegrown US$17,000 hatchback
The VinFast Fadil has strong prospects, because of good timing and corporate backing, says NUS Business School’s Professor Andrew Delios.
— Channel NewsAsia

The 10 Most Beautiful Beach Destinations In Vietnam
Boasting some 2,000 miles of coastline plus a handful of renowned island destinations, Vietnam naturally has no shortage of beautiful beaches. Sure, you could just stick to cities, what with the colonial architecture and history of Hanoi, the imperial charms of Hue, and the bustling nightlife of Saigon.
— Forbes

Prime Minister hails Japanese investors’ operation in Vietnam
Prime Minister Nguyen Xuan Phuc on June 29 met with leaders of some Japanese groups which are investing in Vietnam as part of his trip to Japan’s Osaka to attend the 14th G20 Summit.

Vietnam’s six-month CPI lowest over three years
The CPI in June dropped due to the stable macro-economic environment, the Vietnamese government`s efforts to control inflation, the efforts in the management of prices of gasoline, gas, electricity, textbook and medical services.
— The Hanoitimes

Trump’s threat makes Vietnam sweat after reportedly cashing in on US-China trade war
Vietnam, described by some as the real winner in Washington’s trade row with Beijing, is trying to soothe the US after President Donald Trump blasted its trade practices, calling it “even worse” than China.
— RT

Vietnam Controls Inflation in First Half of the Year
Hanoi, Jun 30 (Prensa Latina) Vietnam is closing Sunday the first half of the year with relative tranquility regarding prices: inflation was contained at 1.87 percent over the same period in 2018, the lowest rate in the past three years.
— Plenglish

PM attends Japan – Vietnam lotus festival
Prime Minister Nguyen Xuan Phuc on June 30 morning visited Wakayama prefecture, Japan, and attended the Japan – Vietnam lotus festival after concluding his participation in the summit of the G20 in Osaka.

Out of Vietnam, Drawings of Displacement and Repression
In Hà Ninh Pham’s drawings, a building could be a prison or a torture chamber, but there is nothing about the edifices that might indicate their function.
— Hyperallergic

Saving Wildlife In Vietnam’s National Parks
In June 2018, a Vietnamese court sentenced Hoang Tuan Hai to four-and-a-half years in prison—an outcome that took activists nearly four years to achieve. Hai’s crime was illegal wildlife trafficking—namely the taking of marine turtles.
— Nationalparkstraveler

Vietnam makes active contributions to ASEAN Festival Day in South Africa
The ASEAN Pretoria Committee (APC) on June 30 held the ASEAN Festival Day 2019 in Pretoria, attracting the participation of tens of thousands of locals.

Egypt, Vietnam identify tourism cooperation potential
According to Vietnam press reports, Vietnam and Egypt have yet to fully tap their potential for tourism cooperation and make it match their bilateral ties.
— Hoteliermiddleeast

Vietnam attends UN Human Rights Council’s 41st session
Women’s rights and climate change were the focus of a discussion within the framework of the 41st session of the UN Human Rights Council in Geneva, Switzerland on June 28.

Viet Nam a digital advertiser’s dream
More than 51 million Vietnamese access the internet, social media and apps through their smartphones daily, according to a recently released report by Appota Corporation.
— Viet Nam News

Vietnam offers opportunities for Nebraska corn, ethanol
With Gov. Pete Ricketts leading a trade mission to Vietnam in September, the U.S. Grains Council reported in a recent story that the sole ethanol producer in Vietnam is preparing to test U.S. corn as a feedstock with a hammer mill purchased during a mission to the United States in June.
— The Independent

Vietnam also battling anti-vaccine sentiment
Vietnam health officials recently reported (computer translated) on a 17-month-old girl from Ha Nam presenting to the hospital with high fever and a body rash. The family told doctors that the rash started at the face then spread to the back, chest, hands–measles.
— Outbreakingnews Today

Vietnam confronts pork shortage until 2020 as African swine fever takes its toll
The African swine fever outbreak will see Vietnam suffer a 500,000-ton shortage of pork from July to next February, says global consulting firm Ipsos Consulting.
— VnExpress

Vietnam arrests 2 drug traffickers
The border force of Vietnam’s southern Tay Ninh province on Saturday detained a Vietnamese man and a Singaporean man for transporting 10 kg of crystal meth, Vietnam News Agency reported.
— Xinhua

Australia’s micro-investment app Raiz targets Vietnam expansion
The startup company would allow users to round-up everyday purchases and pool their spare change to invest in equities, bonds and other securities.
— The Hanoitimes

ILO, Bayer congratulate Việt Nam, EU on signing free trade deal
More international organisations and businesses applaud signing of EVFTA
— Viet Nam News

EVFTA is a positive sign to free trade supporters: WB
Signing a free trade agreement with the EU (EVFTA) is extremely important, especially at the moment when more and more people in the world are looking at protectionism.
— Viet Nam News

Two hydropower plants begin operation in Nghe An
The Ca Nan 1 and Ca Nan 2 hydropower plants, with a total capacity of 23 MW, were put into operation in Ky Son district, the central province of Nghe An on June 28.

EVFTA and CPTPP expected to help Japan become Vietnam’s No.1 investor again
Japanese companies with abundant expertise in many fields such as banking, insurance, construction, logistics, accounting, graphic design, among others, are expected to have greater opportunities in Vietnam’s market.
— The Hanoitimes

The battle in the e-hailing market is now playing field of the ‘big four’ players
After the departure of Uber, the e-hailing market is now the playing field of four big players, each of which has its own advantage and approach.
— Vietnam Insider

Tra fish exports to EU to surge in 2019
The Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast that tra fish exports to the EU will increase by 20-35 percent in 2019.
— VeitnamPlus

Forest fires ravage Hà Tĩnh
The National Centre for Hydro-Meteorological Weather Forecast warned hot weather would continue this week leaving high risk of forest fire in central Viet Nam
— Viet Nam Net

Highest mountain in Indochina just got higher
Mount Fansipan in the northern mountainous province of Lào Cai, the highest mountain in Indochina, is actually four metres higher than previously thought, standing at 3,147.3 metres above sea level.
— Viet Nam Net


Feature photo Urbanist Hanoi

This week’s Vietnam morning news feature photo acknowledges plastic waste throughout Asean.


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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