Vietnam morning news for June 7

Vietnam morning news for June 7

Vietnam morning newsVietnam’s car localization rate remains low: ministry
Vietnam’s automobile industry has witnessed progress in the last two years, but the localization rate remains low, not meeting the set target, according to its Ministry of Industry and Trade.
–Xinhua

Vietnam’s envoy to Cambodia on PM Lee’s online remark: We have not forsaken lessons of history
Radio Free Asia (RFA) reported yesterday (‘Singapore PM Stirs Flap in Cambodia by Bringing up Vietnam’s 1979 Invasion’, 5 Jun) that the Cambodian officials are unhappy with a recent online remark by Prime Minister Lee Hsien Loong, recalling Vietnam’s January 1979 invasion and …
— The Online Citizen

Vietnam: Facebook user gets six-year jail for ‘anti-state’ posts
Dissident activist Nguyen Ngoc Anh is sentenced to six years in prison for online posts as the EU calls for his release.
— Aljazeera

Vietnam looks to build criteria for ecological seaports
Standards for Vietnamese ecological seaports will help build a professional environment management system, thus raising seaport management units’ awareness of environmental protection, said Dr. Du Van Toan from the Vietnam Administration of Seas and Islands’ Vietnam Institute of Seas and Islands.
— Hellenic Shipping News

Vietnam metro projects costs overrun by $3.5 billion
Vietnam’s five metro projects have seen their costs balloon by VND81 trillion ($3.5 billion) following long delays.
— VnExpress

Vietnam Can’t Be the Next China
The good news is in for Vietnam. Last week the Ministry of Planning and Investment announced that foreign direct investment in the country increased by nearly 70 percent year-on-year in the first five months of 2019, the highest such increase since 2015.
— Foreign Policy

Vietnam’s growth under new threat
Pressures from population growth and an economic boom have increased demand for water in Vietnam, risking depletion of the valuable resource and threatening the country’s gross domestic product (GDP) by up to six percent by 2035 – a year’s worth of GDP growth.
— The Asean post

Coca-Cola-Fonterra alliance: New Nutriboost dairy products launched in Vietnam
Beverage giant Coca-Cola and New Zealand dairy major Fonterra have partnered in what has been deemed a Strategic Alliance in South East Asia, with the first range of products from this having just been launched in Vietnam under the Nutriboost brand.
— Food Navigator

Automobile industry develops but local part supply remains low, says MoIT
The automobile industry of Việt Nam has witnessed progress in the last two years, but the localisation rate (local part supply) still remains low, not meeting the set target, according to an Ministry of Industry and Trade (MoIT) report sent to the National Assembly for discussion and direction.
— Viet Nam News

Vietnam launches first helicopter sightseeing flights over Halong Bay
Cruising Halong Bay has long been one of the top things to do when visiting Vietnam.
— CNN

Did Vietnam ‘invade’ Cambodia, or save it? Singapore PM Lee Hsien Loong stirs a Khmer Rouge-era controversy
Vietnam and Cambodia have rebutted Singapore Prime Minister Lee Hsien Loong’s recent remarks describing the former’s “invasion” of the latter and how it was roundly opposed by five Asean countries, which refused to support the government that replaced the Khmer Rouge.
— South China Morning Post

ST Engineering’s aerospace arm sets up JV with Vietnam Airlines unit
SINGAPORE Technologies Engineering (ST Engineering) on Thursday announced that its aerospace arm and Vietnam Airlines Engineering Company (VAECO), a subsidiary of Vietnam Airlines, have set up a new joint-venture (JV) company in Vietnam.
— The Business Times

Vietnamese man attacked by tiger in private zoo
A tiger kept in a private zoo in Vietnam ripped off the hand and arm of a former employee, a local official said Wednesday (Jun 5).
— Channel NewsAsia

Sharp completes 49 MW in central Vietnam
A unit of the Japanese electronics group has finished building a 49 MW solar array in Quang Ngai province, in collaboration with Thailand’s Sermsang Power.
— PV Magazine

Da Nang airport to have new terminal
Da Nang will build a new terminal, T3, at its international airport with total investment of $391 million, increasing the airport’s capacity to 28 million passengers and 200,000 tonnes of cargo by 2030.
— Vietnam Insider

New plastic waste policies urgently needed, experts say
Collective action from the Vietnamese government, the private sector and consumers is essential to combat one of the great environmental challenges facing the world, the excess of plastic waste in oceans and water sources, a United Nations official said yesterday.
— Viet Nam Net

Vietnam Businesses Push for Green Economy
Liz Hung supports a lot of the imaginative concepts being discussed to make Vietnam “greener” economically and in terms of urban planning.
— VOA

Vietnam carefully prepares for non-permanent seat at UNSC: Spokeswoman
Vietnam is making meticulous preparations and sharing experience with countries, UN agencies and international research organisations to get ready for participation in the UN Security Council (UNSC) for the 2020-2021 term, Spokeswoman of the Ministry of Foreign Affairs Le Thi Thu Hang has said.
— NDO

New Zealand helps Việt Nam add value to its dragon fruit
Achieving excellence at every step in the value chain is critical to the long-term commercial success of premium fruits, experts have said.
— Viet Nam News

Vietnamese students unhappy about the number of entrance exams they need to take
In a two-week period ending on June 4, secondary school graduates took a series of important exams in their lives.
— Vietnam Insider

Việt Nam, Italy promote co-operation
Việt Nam has a double advantage. It can be both a consumption market for, and a manufacturing partner of Italian companies in the age of Industry 4.0, said Italian Prime Minister, Giuseppe Conte.
— Viet Nam News

Vietnam has one of the highest shares of women in work in the world
DONG THI VINH strides proudly across a patchwork of green fields at her farm just south of Hanoi, Vietnam’s capital.
— The Economist

Why Trump’s Vietnam comments matter on D-Day
(CNN)On the 75th anniversary of a defining battle of the defining war of human history so far, it’s clear that military service has never been less important to American voters.
— CNN

Vietnam – Telecoms, Mobile and Broadband – Statistics and Analyses
As a communist state and a centrally planned economy Vietnam has undergone significant structural change over the years.
— Yahoo News

VN stocks drop on global economic worries
Vietnamese shares dipped on Thursday morning with modest liquidity, dragged by the financial and insurance sectors.
— Viet Nam News

After Record Share Sales, Vietnam Experiences Slowdown This Year: Bloomberg
After last-year’s record-setting sales of shares in companies, Vietnam is experiencing a comedown as fewer businesses offer stakes to stock investors amid uncertainties in the market.
— Vietnam Insider

Vietnam ministry blamed for preventing audit of BOT projects
Vietnam’s Ministry of Transport has been blamed at the ongoing parliament plenum for preventing the audit of road projects which are invested under the build-operate-transfer (BOT) form.
— The Hanoitimes

Vietnam sends over 54 thousand workers abroad in Jan-May
In the first five months of 2019, Vietnamese workers were sent to 25 markets, up four compared to the first five months of 2018.
— The Hanoitimes

South Korea’s SK Group targets leading role in Vietnam’s environmental industry
A healthy growth of such industry would help rebalance Vietnam’s economic structure, especially as the country expects to take advantage of the Fourth Industrial Revolution for further development.
— The Hanoitimes

Major US hotel operators plan expansion in Vietnam
A lot of people from China, South Korea, even Japan are buying resort properties in Vietnam, which is considered a sign of an attractive market to investors.
— The Hanoitimes

Vietnam’s Public Security Ministry to Explore Recriminalization of Drug Use.
Vietnam’s public security minister acknowledged before the country’s national assembly this week that drug-related crimes have increased significantly in Vietnam in recent years and said the country must consider making drug use a criminal offence again.
– Radio Free Asia

Lao, Vietnam PMs call for infrastructure projects
Lao Prime Minister Thongloun Sisoulith and his Vietnamese counterpart Nguyen Xuan Phuc have called for the fulfilment of cooperation projects, notably mega infrastructure projects, during talks in Vietnam over the weekend.
— The Phnom Penh Post

Vietnam active in UN peacekeeping mission
Vietnam has so far sent 30 officers and a field hospital, to participate in the UN’s peacekeeping force. In the future, the country will send more officers, another field hospital and a group of sappers to join the mission. This proves the country’s efforts to become a responsible and active member of the UN and international community.
— VietnamPlus

Plan to be made for Dong Van geopark’s tourism centres
Deputy Prime Minister Trinh Dinh Dung has assigned the People’s Committee of northernmost Ha Giang province to make a general plan for developing four urban areas into tourism centres of the Dong Van Karst Plateau Geopark.
— VietnamPlus

 

Feature photo Communist Party of Vietnam Online Newspaper

This week’s morning news photo features International Day for the Fight against Illegal, Unreported and Unregulated Fishing, June 5.

 

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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