Vietnam Morning News For July 29

Vietnam seizes 55 pieces of rhino horn hidden in plaster
The 125-kilogram haul discovered at Hanoi’s Noi Bai airport on same day suspects found with seven tiger carcasses.
— Aljazeera

Vietnam Electricity to add 1,480 MW into national grid
In the first six months of 2019, EVN added 4,753 MW into the national grid, of which solar power projects amounted to 4,397 MW, resulting in total power generation capacity in Vietnam of 53,326 MW as of June.
— The Hanoitimes

South China Sea: Vietnam extends operation of oil rig on Vanguard Bank as stand-off with Beijing continues
Vietnam said it has extended the work schedule of an oil rig on Vanguard Bank, showing no sign of backing down from a confrontation with Beijing over drilling operations in the South China Sea.
— South China Morning Post

Red tape hinders growth of Vietnam’s wind power industry
Less than 200 megawatts of offshore wind has been installed in Vietnam, despite the huge unexploited wind power potential in the country.
— The Hanoitimes

Nearly 400 Chinese detained in record Vietnam gambling bust
More than 380 Chinese nationals were detained during a raid on a gambling ring in Vietnam, state media reported Sunday, July 28, in what police claim is the biggest-ever betting operation run by foreigners.
— Rappler

More than 70 Vietnamese senior officials punished since 2016
Most of high-ranking officials were punished for corruption charges, indicating the party`s determination to fight graft.
— The Hanoitimes

Anti-corruption push requires constant effort: General Secretary
Party General Secretary and President Nguyen Phu Trong called yesterday for more determination and stronger actions to confront corruption.
— Viet Nam News

Lotte Duty Free opens third store in Vietnam
Lotte Duty Free said Sunday that its third duty-free store in Vietnam has opened at Hanoi’s Noi Bai International Airport, a year after its second outlet was launched in Nha Trang.
— Korea Herald

Hyundai Glovis opens first SE Asia office in Vietnam
Hyundai Motor Group’s logistics arm Hyundai Glovis is widening its overseas presence by opening its first Southeast Asian office in Vietnam.
— The Investor

Steel industry forecast to maintain stable growth
Vietnam’s steel production and consumption in the first half of 2019 recorded respective increases of 7.7 percent and 9.8 percent year-on-year, according to the Vietnam Steel Association (VSA).
— VietnamPlus

These Are the Best Times to Visit Vietnam
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— The Points Guy

ASEAN – Japan Music Festival 2019 held in Hanoi
The music festival titled “ASEAN-Japan Music Festival 2019” with the participation of singers who represent ASEAN countries and Japan will be held for the first time in Vietnam on July 28.
— Sggp News

D1 builds duplex villa in vietnam with local materials and a coconut leaf roof
situated on a 600 sqm land plot adjacent to the hoi an river in quang nam province, vietnam, the M villa by architecture studio D1 is built with local materials and skilled craftsmanship, which help integrate it within the surroundings that are still wild and under-developed.
— Designboom

Samsung SDS acquires 25% stake in Vietnam’s IT service firm
Samsung SDS will become the largest shareholder of Vietnamese IT services company CMC Corporation, it said Sunday, noting that the investment is expected to contribute to expanding its business in the Southeast Asian market.
— Korea Times

Trade union urged to revamp operation
Prime Minister Nguyen Xuan Phuc on July 28 urged trade union organisations to revamp operation comprehensively and promote their role in guiding workers’ movements in the new situation.
— VietnamPlus

German Government development fund invests $28 million in VN sugar company
Thành Thành Công-Biên Hòa JSC (SBT) on July 26 announced that the German development finance institution DEG, owned by the German Government, invested US$28 million to buy convertible preferred dividend stocks on July 25.
— Viet Nam News

China’s Disregard for Vietnamese Sovereignty Leaves the Region Worse Off
China shows it prefers a region where “might makes right.”
— The Diplomat

Foreign tourists to Vietnam top 1.31 mln in July
International tourist arrivals to Vietnam topped 1.31 million in July, up 11 percent month-on-month and 10.7 percent year-on-year, said the Ministry of Culture, Sports and Tourism’s Vietnam National Administration of Tourism (VNAT) on July 26.
— Sggp News

PM calls for efforts to develop key economic regions
On July 26. Prime Minister Nguyen Xuan Phuc called for more efforts to develop Việt Nam’s key economic regions as their growth is crucial to the country’s success.
— Viet Nam News

Foreign investors continue to pour money into Đang Nai
The southern province of Đang Nai lured more than US$1.14 billion in foreign direct investment (FDI) in the first seven months of this year, easily surpassing its target for the entire year, according to the provincial Department of Planning and Investment.
— Viet Nam News

Cần Thơ conference discusses building an entrepreneurial eco-system
Developing an innovative entrepreneurial eco-system and attracting participants to it were among the topics discussed at a seminar in Cần Thơ on Friday.
— Viet Nam News

Official results of national population, housing census to be announced in Q4
Deputy Prime Minister Vuong Dinh Hue has requested the organization of a conference in the fourth quarter to announce the official results of the national population and housing census, which was kicked off on April 1.
— VietnamPlus

Vero IMC Vietnam Changes Its Name to EloQ Communications and Announces Change of Email Address
30 Starting December 2018, Vero IMC Vietnam, the branch of Thailand-based Vero PR, has become its own independent agency under the name EloQ Communications.
— Menafn

500 cops bust online gambling ring in northern Vietnam
The Hai Phong police busted a high-tech gambling ring in the city on Saturday and took hundreds into custody, most of them Chinese.
— VnExpress

Green buildings benefit both investors and home buyers
Green buildings provide more benefits for investors in the long term than normal buildings and reduce the economic burden for low- and middle-income families, according to general secretary of Vietnam Real Estate Association (VNREA) Nguyen Viet Chien.
— Sggp News

Vietnam, Bangladesh seek to boost ICT ties
The Vietnamese Embassy in Bangladesh recently held a seminar in Dhaka to boost bilateral collaboration in information and communications technology (ICT).
— NDO

Vietnam Trade Union promotes its tradition to contribute to national renewal
The Chairman of the Vietnam General Confederation of Labour, Bui Van Cuong, has shared with Nhan Dan Newspaper correspondent Dang Thanh Ha on the Vietnam Trade Union (VTU) developments and the worker’s movement in Vietnam, on the occasion of the 90th anniversary of the VTU’s establishment (July 28, 1929-2019).
— NDO

Vietnam’s mattress star rising rapidly as Chinese imports wane
In sprawling mattress factories outside this bustling city, a new bedding power is on the rise.
— Furniture Today

Vietnam, Russia’s Primorye region step up economic cooperation
Vietnamese Ambassador to Russia Ngo Duc Manh on July 26 had a working session with First Governor of Russia’s Far Eastern region of Primorye Vera Shcherbina, discussing measures to promote collaboration in economy-trade between the Russian locality and Vietnamese businesses.
— VietnamPlus

Vietnam, US share audit experience
Deputy State Auditor General Vu Van Hoa has expressed wish to continue cooperating with the US’s Public Company Accounting Oversight Board (PCAOB) in the near future during a recent working session in Washington D.C.
— VietnamPlus

Bac Giang works to lure foreign direct investment
Removing bottlenecks of businesses will be prioritised in the northern province of Bac Giang to lure more foreign direct investments (FDI) in the coming time.
— VietnamPlus

New regulation spurs corporate bond growth in Vietnam
The issue of corporate bonds increased 34 percent year-on-year in H1 2019, partly driven by rules relaxing conditions for private issues.
— VnExpress

Vietnam corporate giants race to open drugstores
Viewing them as veritable cash cows, Vietnamese corporate giants like Vingroup, FPT and Mobile World are racing to open drugstores.
— VnExpress

LOTTE OPENS ITS THIRD DUTY FREE STORE IN VIETNAM
Spanning over 506 square meters, the store inside the departure area in Hanoi Airport sells perfumes, cosmetics, liquor, tobacco, food, and more, from 90 brands. It also exclusively sells products from 21 brands including South Korea’s History of Whoo, Kim Da-sol reports on Korea Herald
— Vietnam Insider

Vietnam ambitious for own social networks to compete with Facebook
Several social networks have been launched with an aim to build Vietnam`s own platforms amid the dominance of Facebook.
— The Hanoitimes

Feature photo Anti-Slavery International

This week’s Vietnam morning news feature photo focuses on World Day against Trafficking in Persons, July 30.

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