Vietnam morning news for July 22

Vietnam morning news for July 22

Vietnam morning newsVietnam demands China withdraw vessel from South China Sea
Reports suggest large-scale standoff between several coastguard ships from each country near the Spratly Islands.
— Aljazeera

Vietnam’s finance ministry proposes waiving corporate tax for micro firms
The tax exemption could reduce the state budget revenue by VND9.2 trillion (US$396 million) per year, but lay a foundation for micro and small enterprises to develop in the long term.
— The Hanoitimes

Ho Chi Minh City has been required more budget in 2019 than next 4 cities combined
Ho Chi Minh City has been required to achieve a budget revenue target of VND400 trillion (US$17.2 billion) for 2019, which is more than that of the next four big cities of Hanoi, Hai Phong, Da Nang and Can Tho combined.
— Vietnam Insider

Why China and Vietnam Can’t Stop Clashing With Each Other
China and Vietnam are continuing to clash over a maritime sovereignty dispute despite diplomacy and calm being displayed by other claimants to the same sea.

Vietnam Airlines Reports Profit 30% Higher Than Expected
In the first six months of 2019, Vietnam Airlines Group reported VND 51,662 billion in consolidated revenue, up 5,5 percent year over year and VND 1,650 billion in pre-tax consolidated profit, 30 percent higher than planned.
— Aviation Tribune

Vietnam minister warns of FDI projects posing trade fraud risks
For large scale projects, Vietnam could offer superior and highly competitive incentives, while encouraging a greater linkage between domestic and foreign companies.
— The Hanoitimes

Vietnam’s Ho Chi Minh City hits over 3 billion USD in foreign investment in H1 2019
Ho Chi Minh City, The southern economic hub of Vietnam has attracted 3.21 billion USD in foreign direct investment (FDI) in the first six months of 2019, a year-on-year rise of 20 percent, according to the municipal People’s Committee.
— Vietnam Insider

World’s largest glove maker Top Glove to open first Vietnam factory
The US$24.5-million plant is expected to commence production of polyvinyl chloride (PVC) gloves production mid-2020, with an estimated capacity of four billion gloves a year.
— The Hanoitimes

Vietnam’s car imports shoot up in first half of 2019
Vietnam imported 75,437 completely built (CBU) cars worth a total of US$1.72 billion in the first six months of 2019, up six times in number and five times in value compared with the same period of last year.

Expansion flight: GoAir plans to enter Vietnam, Cambodia
Budget passenger carrier GoAir plans to add destinations such as Hanoi and Phnom Penh to its international network by the year-end, sources said.
— Newkerala

Cape Town teacher missing without a trace in Vietnam
The family of Mushfiq Daniels, 28, from Surrey Estate in Cape Town, says he was last seen on July 5 in Ho Chi Min City, according to Netwerk24. Daniels has been working as an English teacher in the country since March 2018.
— New24

Will Vietnam’s Trong loosen his grip on absolute power?
The Communist Party of Vietnam (CPV) is preparing for its 13th Congress scheduled to be held in early 2021. Surely it will elect someone else to take over from 75-year-old Nguyen Phu Trong as general secretary. Trong has served as the CPV chief for almost 10 years now.
— East Asia Forum

Hanoi’s Cơm 2k serves up a healthy portion of respect
Chu Viet Ha, head of Thien Nguyen An Phuc Club which runs the restaurant, told Viet Nam News that at first the restaurant offered 11 different dishes but diners said it was more than they could eat.
— Eleven Myanmar

Two Vietnamese make magazine’s list of Asia’s top 100 scientists
Two Vietnamese scientists have been named in the list of 100 most outstanding researchers of 2019 by Singapore’s Asian Scientist magazine.
— VnExpress

Training course held for teachers and librarians
The Vietnam Publisher Association- the southern representation office in Ho Chi Minh City- has opened a training course for teachers, librarians and managers in schools.
— Sggp News

Vietnam’s export revenue in Jan-Jun $18 bn
Vietnam’s export revenue during January-June this year totalled nearly $18 billion, up 8.61 per cent over the figure during the same period last year, according to the ministry of industry and trade. Of the total, shipments to the United States were worth over $11.7 billion, followed by those to the European Union ($2.56 billion) and Japan ($1.89 billion).
— Fibre2fashion

Son La Longan and Safe Farm Produce Week 2019 in Hanoi
Northern Son La province launched ‘Son La Longan and Safe Farm Produce Week 2019’ at Big C Thang Long, Hanoi, on July 19.

Vietnam actively partakes in building international trade regulations
Vietnamese officials participated in the 52nd session of the United Nations Commission on International Trade Law (UNCITRAL) in Vienna, Austria, from July 8-19.

Documentary focuses on aviation squadron in Vietnam War
Helicopter Attack Squadron (Light) 3, which existed only during the Vietnam War, is the most-decorated squadron in Naval Aviation history.
— The Independent

Vietnam, China trade barbs over sea row
Hanoi—Vietnam has accused China of trespassing and demanded a Chinese survey ship in the South China Sea withdraw in the latest flashpoint over the disputed territory.
— Manila Standard

Latest news of Vietnam president: meeting with trade union officials in Hanoi
President Nguyen Phu Trong shared his time meeting and congratulating the 90 anniversary of the Vietnam Trade Union.
— The Hanoitimes

2 arrested for trafficking drug from Cambodia to Vietnam
Two Vietnamese members of a drug trafficking ring that transported illicit synthetic drug from Cambodia have been arrested recently.
— Xinhua

Vietnam arrests two for trying to sell newborn to China
Border guards in northern Vietnam have detained a woman and a man who were taking a 14-day-old baby to China for sale.
— VnExpress

Thousands jostle for space on popular Vietnam shore
Thousands of daytrippers jostled for selfie space and elbowed their way to the sea at a popular north Vietnam beach over the weekend, with extra vigilant lifeguards watching worriedly over the summer surge.
— The Straits Times

Why Hanoi and Berlin expect joint chamber of commerce and industry?
Vietnam appears to be the first choice for German firms who eye investment expansion in Asia.
— The Hanoitimes

Vietnam is top country for foreign adoptions in Ireland
There were 20 adoptions registered from Vietnam here last year, according to the annual report of the Adoption Authority. Eilish O’Regan reports on Irish Independent.
— Vietnam Insider

Is Vietnam swimming naked?
Vietnam’s economy is growing strongly but reforms necessary to keep the country advancing when external conditions are not so benign have been slow in coming.

Shared workspace business flourishes in downtown HCMC
HCMC welcomed over 4,000 square meters of co-working office space in the second quarter, concentrated in the central districts.
— Vietnam Insider

E-commerce platform: exorbitant losses for a single percent
Each e-commerce platform needs to spend millions of US dollars to gain a single per cent of market share from competitors, showing just how serious the competition is.
— Vietnam Insider

Agricultural cooperatives develop in both quantity and quality: Deputy PM
Collective economy and cooperatives in the agricultural sector have grown in both quantity and quality, overcoming previous long-standing weaknesses, said Deputy Prime Minister Vuong Dinh Hue.

Bonus key as ride-hailing firms balance customer, driver, company benefits
Bonus has become a pressure point in Vietnam’s competitive ride-hailing market as firms try to retain customers and drivers.
— VnExpress

Declining investment limits Vietnam’s oil and gas industry
Declining investment, dwindling reserves, high taxes and red tape are combining to limit Vietnam’s oil and gas industry.
— VnExpress

Saigon office rents rise despite new supply
Saigon office rents are rising across all categories despite new supply as demand remains high.
— Sggp News

PM urges Lao Cai to sustainably, inclusively develop tourism
Lao Cai must strive towards sustainable and inclusive tourism development, Prime Minister Nguyen Xuan Phuc told the northern mountainous province’s trade, investment and tourism promotion conference, which took place on July 20.

Chinese, Vietnamese parties hold 15th theory seminar
The Communist Party of China (CPC) and the Communist Party of Vietnam (CPV) held their fifteenth theory seminar on Sunday in Guiyang, southwest China’s Guizhou Province.
— Xinhua

Bonus key as ride-hailing firms balance customer, driver, company benefits
Bonus has become a pressure point in Vietnam’s competitive ride-hailing market as firms try to retain customers and drivers.
— VnExpress

Lao Cai should strive to be among 15 developed localities nationwide: PM
Prime Minister Nguyen Xuan Phuc recommended the northern mountainous province of Lao Cai to make efforts to be named among top 15 developed localities in Vietnam while meeting local leaders on July 20.

Local highway dedicated to Vietnam War veterans
On July 17, 2019 State Rep. Stephanie Borowicz (R-Clinton-Centre) co-hosted the dedication and sign unveiling ceremony for the Central Pennsylvania Vietnam Veterans Memorial Highway.
— North Centralpa


Feature photo Hiram to Hanoi

This week’s Vietnam morning news feature photo focus on air quality 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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