Vietnam Morning News For June 19

Swine fever outbreak hits Vietnam’s farmers and food industry hard
Since last February, at least 2.47 million pigs have died. There is no vaccine or cure for the disease, which is not transmitted to humans.
— Asia News

Government urged to help grow private sector
Private Vietnamese firms have asked the Government to push administrative reform and build a favourable trade and investment climate to make Việt Nam one of the best places to do business in ASEAN and meet the standards of the Organisation for Economic Co-operation and Development (OECD).
— Viet Nam News

Vietnam becomes one of hottest startup hubs in the world: IBTimes
Vietnam is becoming one of the hottest startup hubs not only in Asia but also in the world, according to the International Business Times (IBTimes), a world leading provider of business and financial news.
— NDO

Vietnamese firms urged to make use of CPTPP
Preferential export taxes offered by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are expected to be promulgated this month.
— Viet Nam News

Facilitating Vietnamese startups to gain success
Eighteen investment funds pledged a combined US$425 million to invest in Vietnamese startups in the next three years at the Vietnam Ventures Summit 2019 recently held in Hanoi.
— NDO

Philippine company eyes investment in Vietnam’s tea industry
JG Summit Holdings, Inc., one of the biggest Filipino investors in Vietnam, hopes to invest in sustainably developing tea business in the country, particularly via the participation in public-private-partnership projects.
— VietnamPlus

Local logistics sector amid Industry 4.0
Vietnamese logistics firms are embracing technology to optimise their costs and improve their competitiveness, according to experts.
— VietnamPlus

Firms urged to be more active under FTAs’ pressure
The participation in new-generation free trade agreements (FTAs) has proved to be a driving force for exports but also posed challenges for Vietnamese firms in meeting importers’ requirements and competing with foreign rivals right in the domestic market.
— VietnamPlus

Pilot shortage puts Vietnam’s booming aviation industry in trouble
Over the past few years, Vietnam’s aviation market has been sustaining a two-digit growth rate, while the introduction of new airlines has also put high quality personnel in the industry on high demand.
— The Hanoitimes

Actual FDI to Vietnam in 2019 projected to hit US$22 billion in 2019
Main sources for FDI growth in Vietnam in the near future would come from South Korea, China, Taiwan and Hong Kong (China).
— The Hanoitimes

Int’l Day of Yoga to be observed in Vietnam
An event celebrating the fifth International Day of Yoga (June 21) will be held on June 22, said Rajesh Uike, Deputy Chief of Mission of the Indian Embassy in Vietnam, during a press conference in Hanoi on June 17.
— Sggp News

90 percent of Vietnam’s population to have electronic medical record by 2025
Vietnam strives that 90 percent of the country’s population have electronic medical record by 2025; accordingly, the Ministry of Health has requested the implementation of electronic medical record, said Deputy Health Minister Nguyen Truong Son at a seminar held in Ho Chi Minh City yesterday co-organized by the Ministry of Health (MoH) and the Asian Development Bank (ADB).
— Sggp News

Solutions sought for Mekong Delta’s sustainable development
A conference was held in Ho Chi Minh City on June 18 to review two years since the implementation of Resolution No.120/NQ-CP on sustainable development of the Mekong Delta in adaptation with climate change.
— VietnamPlus

Vietnam wishes to unceasingly develop ties with Myanmar: Deputy PM
Deputy Prime Minister Vuong Dinh Hue highlighted Vietnam’s wish to unceasingly develop relations with Myanmar during talks with Myanmar Vice President Myint Swe in Nay Pyi Taw on June 17.
— NDO

How to open a business as a foreigner in Da Nang, Vietnam
I get asked this question somewhat regularly. It’s an open ended and quite difficult question to answer, and to be honest one I usually try to avoid. Every business is different, and there is no one size fits all solution for how to legally build your dream.
— Vietnam Insider

Vietnam’s ODA disbursement rate remains below global average
As of 2018, Vietnam has become one of the largest beneficiaries of ODA funds, receiving a total of US$80 billion.
— The Hanoitimes

World fast-food revenues slow in Vietnam, struggling to lure local consumers
The downward trend in the growth rate of the leading fast-food chain stemmed from market changes, consumer’s mindset as well as the emergence of alternative segments.
— The Hanoitimes

Destroyer Visit Puts Japan-Vietnam Military Ties into Focus
Last week, two Japanese vessels paid a scheduled visit to Vietnam. While the interaction was just one of a series of activities in the bilateral relationship, it nonetheless spotlighted some of the ongoing activity in the defense relationship in 2019.
— The Diplomat

How to find Vietnam’s best street food
Pick your roadside venue. Open-fronted eateries line the streets of any Vietnamese town, with their glass cabinets and rickety tables and red plastic buckets containing sea creatures you never knew existed.
— Stuff

Vietnam, Singapore hold defence policy dialogue
Vietnam and Singapore want to step up the comprehensive and substantial development of defence links in the coming time as heard at their 10th defence policy dialogue.
— NDO

Mopeds heat up Vietnamese motorbike market
Due to the cheap price, some businesses admitted that the quality of mopeds is quite poor and the engines would be downgraded after a time in use.
— The Hanoitimes

Enterprises need policies for digital economy
Enterprise development and the digital economy need to be prioritised in policies, said Deputy Chairman of Việt Nam’s Committee for State Capital Management Ho Sỹ Hùng.
— Viet Nam News

Maritime Bank approved to implement Basel II standards
The State Bank of Viet Nam has approved Maritime Commercial Joint Stock Bank (MSB) to apply the Basel II standards, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision.
— Viet Nam News

Southeast Asia sugar industry discusses strategies as global deficit looms
There will be a global sugar deficit of about 2.5 million tonnes in 2019-20, and prices are expected to harden, the fourth meeting of the ASEAN Sugar Alliance heard in HCM City yesterday.
— Viet Nam News

Bắc Kạn to prosecute deforestation culprits
Police in Bạch Thông District, Bắc Kạn Province have reported that they are rushing to file prosecution documents against people involved in recent incidents of illegal deforestation.
— Viet Nam Net

Funds lose against VN-Index as trade war escalates
In the first five months of this year, investment funds lost in the race against the benchmark VN-Index.
— Viet Nam News

U.S. pork, beef showcased in Vietnam
Products displayed and tasting samples provided for more than 700 exhibitors from 29 countries.
— FeedStuffs

Rubber exports plummet
Việt Nam’s rubber exports fell in May due to changing Chinese policies and fears over the US-China trade war, a representative of the Việt Nam Rubber Group (VRG) has said.
— Viet Nam News

Gas lift in place for CNV wells offshore Vietnam
SOCO International has provided an update on its latest construction programs offshore southern Vietnam.
— Offshore-mag

Americas becomes fastest growing trade partner of Vietnam
The Americas was the fastest growing trade partner continent of Vietnam in the first five months of 2019, with expansion of over 22 percent, according to the General Department of Vietnam Customs.
— VietnamPllus

Vietnam drops case against Grab and Uber
Vietnam’s Competition Council has found Grab did not need to notify its acquisition of Uber’s southeast Asian business, despite the country’s separate competition authority earlier finding the deal violated Vietnam’s competition law.
— Global Competition Review

Vietnam Sustainable Shrimp Alliance established
An alliance was set up on June 17 with a view to promoting sustainable shrimp production, an important sector in Vietnam’s agriculture.
— VietnamPlus

Public grief over Vietnam’s ‘marine pollution victims’
Thousands in Vietnam are mourning two people, including a jailed environmental activist’s teenage daughter, who died of cancer allegedly caused by marine pollution.
— UCA News

Taiwan’s NCTU launches master’s degree program in Vietnam
Taiwan’s National Chiao Tung University (NCTU) launched an overseas master’s degree program in semiconductor technology on Monday, with enrollment set to begin at Vietnam National University’s Hanoi University of Science (VNU-HUS) in August.
— Focus Taiwan

Vietnam hosts regional cardio-metabolic education forum
Diabetes, as a major public health issue, will be addressed across multiple fronts, from prevention and disease management to patient care and engagement, health experts have said.
— VietnamPlus

Taiwan crackdown on illegal migrants nets 246 Vietnamese: report
Of 413 illegal migrant workers arrested in Taiwan Saturday, 246 were Vietnamese, working in factories, construction sites, restaurants and massage parlors.
— VnExpress

VASEP seeks review of regulations on residue limits in seafood products
Seafood enterprises have promoted seafood products in the domestic market but are faced with strict residue limits for enrofloxacin and ciprofloxacin, which are restricted for use in aquatic production and trade.
— Viet Nam News

JinkoSolar supplies modules to Trung Nam in Vietnam
JinkoSolar has supplied 258MW of monocrystalline PERC double glass modules to Trung Nam Group for deployment at one of the largest solar-wind hybrid projects in Vietnam.
— GreenTechLand

Feature photo Justice for Lai Dai Han

This week’s Vietnam morning news feature photo acknowledges International Day for the Elimination of Sexual Violence in Conflict, June 19.

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.