Vietnam morning news for March 11

Vietnam morning news for March 11

Vietnam morning news

Vietnam to see big inflow of FDI in 2019
Vietnam’s foreign direct investment (FDI) attraction is expected to make a leap, especially in quality, in 2019 as more foreign investors, including big names, in the world’s high-tech manufacturing and services industries are choosing the country as their destination.

Vietnam featured in world’s top 10 emerging markets logistics
Vietnam ranked above Thailand to join the top 10 markets in Transport Intelligence’s 2019 Agility Emerging Markets Logistics Index, which evaluates the overall competitiveness of 50 emerging markets based on logistics strength.
— VietnamNet Bridge

Vietnam manufacturing sector frets as power prices rise
Manufacturing firms are worried about having to produce at contracted prices with costs pushed up by higher power prices.
— VnExpress

Vietnam’s textiles workers struggle to get by on just $50 a week
Eight hours a day, five days a week, 35-year-old Nguy?n Th? Hoa (*) painstakingly looks for tiny defects in thousands of apparel products at a dusty garment factory in Lai Vu Industrial Zone, the northern province of Hi Duong.
— Eleven Myanmar

Vietnam’s transport system too weak to develop tourism
Roads and airports are overloaded in Vietnam, while hotel room rates are higher than Thailand’s.
— Vietnam Insider

HCM City continues seeking funds for Metro Line 1
The authorities in HCM City have asked the prime minister to advance more money to pay contractors and ensure the progress of the construction of the city’s Metro Line 1 project.
— Vietnam Insider

Pepper farmers get into debt because of diseases, low prices
Pepper used to be considered as black gold as it brought prosperity to farmers in the Central Highlands of Vietnam but in recent years pepper plants have suffered several diseases while pepper prices have dropped drastically, causing farmers to live in misery.
— VietnamNet Bridge

Rise in Vietnam electricity prices over the last 10 years
Electricity prices in Vietnam have surged nine times in the 2009-2018 period.
— VnExpress

Vietnam says investigating cause of boat’s sinking in South China Sea
Vietnam is seeking clarification of how a fishing boat came to sink this week in the contested South China Sea, the Foreign Ministry said on Saturday, days after a local rescue agency said it was rammed by a Chinese vessel.

Vietnam opens a coffee festival, calls for investment
Deputy Prime Minister Trương Hoà Bình has urged the Central Highlands region to build a Vietnamese coffee brand capable of competing with rivals at home and abroad.
— Eleven Myanmar

VN to build plan for trade promotion in CLV development triangle area
Representatives of Cambodia, Laos and Vietnam have agreed to assign Vietnam to devise an action plan for effectively implementing the Agreement on Trade Promotion and Facilitation in the CLV Development Triangle Area, signed in 2016 in Siem Reap, Cambodia.

Solar power complex launched in Ðak Lak
Deputy Prime Minister Truong Hòa Bình opened the Srepok 1 and Quang Minh Solar Power Plant Complex in Buôn Ðôn District in the Central Highlands province of Ð?k L?k on March 9.
— Viet Nam News

PV Power looks for financial support in thermal power projects
PetroVietnam Power Corporation (PV Power) wants to raise US$1.4 billion for its Nhơn Trạch 3 & 4 thermal power plants.
— Viet Nam News

Smaller Countries Are Becoming the Healthiest, Vietnam ranked 11th
Rankings of global health, wealth and happiness are increasingly placing big countries with booming economies at the back of the line.
— Vietnam Insider

Can Tho improves in city prosperity index
The Mekong Delta city of Can Tho has scored 66.78 out of 100 points in the City Prosperity Index (CPI) designed by the UN-Habitat, as heard a conference in the city on March 8.
— VietnamPlus

Minister asks for pre-activated SIM solution
Minister of Information and Communications Nguyen Manh Hung directed the Viet Nam Telecommunications Authority (VNTA) and network operators to stop the supply of pre-activated SIM cards.
— Bizhub

Vietnam courts North Korean officials for pole position on trade
Vietnamese companies remain eager to do business in North Korea should international sanctions be lifted, positioning themselves to lead the way into one of Asia’s last undeveloped markets.
— Nikkei Asian Review (paywall)

Industrial realty firms boosted by FDI increase
The increase of foreign direct investment (FDI) in the first two months of the year has contributed to a better performance of listed industrial park developers.
— Bizhub

Thailand and Vietnam announce DAB+ trials
NBTC Thailand and Voice of Vietnam both provided further details and timelines for the planned DAB+ trials at this week’s ABU Digital Broadcasting Symposium in Kuala Lumpur.
— Asia Radio Today

Women power helps boost Viet Nam’s economy
As far as Viet Nam’s economy is concerned, sisters really are doing it for themselves.
— Bizhub

Chinese firm wants to invest in Vietnam expressway projects
China Pacific Construction Group (CPCG), the country’s largest private builder by revenue, has expressed its interest in building expressways in Vietnam, including a project running across the country, local media reported.
— VietnamNet Bridge

Hanoi, HCMC among top five global cities with highest office yield
Hanoi and Ho Chi Minh City (HCMC) have been ranked among the top five global cities that offered the highest office yield in the world, according to a newly-released world office report.
— VietnamNet Bridge

Leading US firms to hold talks in Ha Noi
More than 50 leading US companies from a wide range of industries would arrive in Hà N?i on Tuesday to explore business opportunities, the US-ASEAN Business Council has announced.
— Viet Nam News

Cambodia, Laos, VN work to remove obstacles to cross-border trade
A forum to promote investment, trade and tourism between Cambodia, Laos, and Vietnam was held in Kratie province, Cambodia on March 9 as part of the 12th meeting of the Joint Coordination Committee on the CLV Development Triangle Area (JCC CLV DTA 12).

Non-equity modes – new model of trade cooperation
Non-equity modes (NEMs) trade is spreading in Vietnam and exposing the country to both opportunities and challenges, one expert believed.
— VietnamPlus

Việt Nam-Russia joint venture welcomes first oil flow from Cá Tầm field
The Việt Nam-Russia oil and gas joint venture Vietsovpetro held a ceremony in the southern province of Bà Rịa-Vũng Tàu to welcome the first flow of oil pumped from the Cá Tầm oil field.
— Viet Nam News

Vietnam’s tourism promoted at int’l fair in Germany
Representatives of over 50 tour operators, accommodation establishments and localities of Vietnam are joining the ITB international tourism fair in Berlin from March 6-10.

“Japanese Culture Festival” in Da Nang city
The Da Nang Museum on March 10 held the “Japanese Culture Festival” 2019 in the central city of Da Nang to popularise the beauty of the culture, land and people of Japan to locals and visitors, thus contributing to the strengthening of cultural exchange between the two countries and bilateral friendship.

Overseas Vietnamese players hope to play for Vietnam
Many overseas Vietnamese football players have expressed their hope of playing for Vietnam’s national team following its recent successes.

Shophouse demand soars in HCM City
Demand for shophouses is soaring in Ho Chi Minh City with the mushrooming of small service establishments, experts said.

Defence Ministry arrests man in int’l wanted list
The Ministry of Defence on March 9 successfully extradited Le Quang Hieu Hung, a man in the international wanted list, from Cuba back to Vietnam. The move was made with cooperation from the Ministry of Public Security, the INTERPOL office in Vietnam and the INTERPOL.

Kingdom of roses in Hanoi offers wonderful getaway
Paragon Hill in the outskirts of Hanoi is a kingdom of roses, with some 600,000 rose trees growing in its terrace fields.


Feature photo Quangpraha


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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