Vietnam morning news for March 14

Vietnam morning news for March 14

Vietnam morning news

Electricity demand in VN rises faster than GDP growth
Statistics show that the rise in demand for energy in Vietnam is double the country’s gross domestic product (GDP) growth rate, participants heard at a workshop in Hanoi City on March 12.
— VietNamNet Bridge

Thua Thien-Hue to invest 82 mlm USD in rural industry
The central province of Thua Thien-Hue has decided to invest nearly 1.9 trillion VND (82 million USD) into a project on rural industry development through 2025.
— VNA NET

VN Association of Financial Investors proposes ways to hike State budget revenue
The State budget revenue may reach US$100 billion in the next 15 years if the Government takes drastic measures to reform State-run enterprises and create a level playing field for foreign enterprises, according to the Vietnam Association of Financial Investors (VAFI).
— VietNamNet Bridge

Vietnam closes airspace to Boeing 737 MAX 8 aircraft
Vietnam has banned Boeing 737 MAX aircraft from flying over its airspace due to safety concerns following similar actions by many other countries.
— VnExpress International

1.32 billion USD logistics centre planned in Ba Ria-Vung Tau
A joint venture between the Hanoi Export-Import Company (Geleximco) and International Transportation and Trading Joint Stock Company (ITC) has proposed building a logistics centre and Cai Mep Ha habour in southern Ba Ria-Vung Tau province.
— VietnamPlus

State to explore fee cuts for shipping companies
The Việt Nam Maritime Administration has requested that associations, seaport companies and shipping companies be exempted or allowed to pay reduced service fees for containers stored at seaports for a long time.
— Viet Nam News

LDG Investment targets 91 per cent revenue increase
Real estate firm LDG Investment JSC has targeted raising its total revenue in 2019 by 91 per cent to VNĐ3.3 trillion (US$141.6 million).
— Viet Nam News

Vietjet offers promotional tickets to mark new routes to Tokyo, Busan
Vietjet Air offers 670,000 super saving tickets priced only from zero VND on three golden days from March 13 – 15, 2019 to celebrate its new routes to Tokyo and Busan.
— VietnamPlus

PM approves national public service portal project
Prime Minister Nguyen Xuan Phuc has approved a project on a new national public service portal, with people and businesses the centre of these services.
— VNA NET

Vietnam affirms commitment to contributing to IFAD activities
Ambassador Nguyen Thi Bich Hue, Vietnamese Permanent Representative to the International Fund for Agricultural Development (IFAD), has lauded the fund’s support to Vietnam over the years and affirmed the Vietnamese Government wants to strengthen cooperation with and contribute more to the fund’s activities.
— VNA NET

Vietnam Airlines moves Moscow operations
Vietnam Airlines announced on March 13 its decision to move its Moscow operations from Domodedovo to Sheremetyevo airport starting from July 2.
— Vietnam Insider

Vietnam impresses visitors at Moscow international tourism fair
The Vietnam National Administration of Tourism (VNAT), Vietnam Airlines and several local tour and hotel operators have been taking part in the 2019 Moscow International Travel & Tourism Exhibition (MIIT), running in the Russian capital from March 12 to 14.
— VNA NET

Aviation market sees new growth impetus
Viet Nam’s aviation market is forecast to increase rapidly, fuelled by new growth from the participation of more private carriers and improved infrastructure.
— Bizhub

Vietnam pledges to keep up efforts to promote civil, political rights
The UN Human Rights Committee held a session on March 11-12 in Geneva, Switzerland to review Vietnam’s third national report on the implementation of the International Covenant on Civil and Political Rights (ICCPR).
— VNA NET

Deputy PM issues regulations for industrialisation strategy
Deputy Prime Minister Trịnh Đình Dũng has recently issued the working regulations of the Steering Committee for Việt Nam’s Industrialisation Strategy within the Việt Nam – Japan co-operation framework until 2020 with a vision to 2030.
— Viet Nam News

Festivals feature unique culture of ethnic people in Dak Lak
Several festivals were recently held during the ongoing seventh Buon Ma Thuot Coffee Festival in the Central Highlands province of Dak Lak.
— VNA NET

VGS management board seek higher stakes
Members of the Việt Nam-Germany Steel Pipe JSC (VGS) management board plan to buy 14 million shares between March 13 and 29 via the stock market.
— Viet Nam News

Ministry asks for report on foreign home ownership
The Ministry of Construction has asked provinces and cities to report on home ownership by foreigners and Viet kieu (overseas Vietnamese) in Viet Nam.
— Bizhub

VN introduces innovation centre, calls for investment
The Ministry of Planning and Investment held a conference on Tuesday in Singapore to introduce the National Innovation Centre (NIC) and call for investment in Industry 4.0 projects.
— VietNamNet Bridge

Firms need to go green to tap global markets
Businesses must step up to the plate and obtain green product certification as more and more people are eating healthier around the world.
— Bizhub

Foreign-invested enterprises behind industrial land “fever”
Vietnam is witnessing a strong wave of foreign investment in industrial property in anticipation of new FDI being redirected to Vietnam.
— VietNamNet Bridge

VN’s top pharmaceutical firm Traphaco fares poorly in optimising profit through financial tools
One of the major pharmaceutical firms in the country, Traphaco JSC seems to have forgotten the strength of financial vehicles to realise its profit optimisation target.
— VietNamNet Bridge

Aviation market sees new growth impetus
Việt Nam’s aviation market is forecast to increase rapidly, fuelled by new growth from the participation of more private carriers and improved infrastructure.
— Viet Nam News

Lao officials appreciate Vietnam-Laos cooperation in information-communication
Deputy Prime Minister and Finance Minister of Laos Somedee Duangdee has praised the effectiveness of the cooperation between Lao ministries and agencies with Vietnam’s Ministry of Information and Communication (MoIC).
— VNA NET

Credit growth of Vietnam’s listed banks projected to slow down in 2019
Credit expansion of state-owned banks was lower than commercial banks’, in which the current lack of capital of the former was a key factor in limiting the credit growth potential of those banks.
— VietNamNet Bridge

Deputy PM: Vietnam vows to be active member in IIB’s development
The Government of Vietnam pledges to hold responsibility and continue to be an active member for reform and sustainable development of the International Investment Bank (IIB), said Deputy Prime Minister Vuong Dinh Hue.
— VNA NET

Online business forum switches on
About 2,500 delegates are expected to participate in the Vietnam Online Business Forum 2019 in three major cities of Hà Nội, Đà Nẵng and HCM City this month, according to the Ministry of Industry and Trade’s Vietnam E-commerce Association (VECOM).
— Viet Nam News

Vietnam attends third ASOSAI – EUROSAI joint conference
A Vietnamese delegation led by Deputy Auditor General Doan Xuan Tien attended the third joint conference between the Asian Organisation of Supreme Audit Institutions (ASOSAI) and the European Organisation of Supreme Audit Institutions (EUROSAI) held in Jerusalem, Israel on March 11.
— VNA NET

Fish sauce draft standards suspended
The draft national fish sauce standard has been withdrawn after strident protests and criticism from traditional producers.
— VnExpress International

Wyndham Hotel & Resorts opens hotel in Hanoi
Wyndham Hotel & Resorts, the world’s largest hotel franchising company, has officially launched its Wyndham Garden Hanoi in the capital city.
— VietnamPlus

 

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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