Vietnam morning news for March 18

Vietnam morning news for March 18

Vietnam morning news

Vietnam world’s fourth biggest seafood exporter
Vietnam now ranks fourth globally, first in Southeast Asia and second in Asia in terms of exports of seafood, and its products are now available in over 170 countries and territories worldwide.
— VietnamPlus

PetroVietnam’s troubled billion-dollar investment in Venezuela probed
The Ministry of Public Security’s Investigation Agency is investigating possible fraud by PetroVietnam in its Venezuelan oil exploration and production project.
— VnExpress

HCM City port welcomes largest-ever container ship
Morotai, a container ship owned by CMA CGM Group Agencies (Australia) Pty Ltd., docked at the SP-ITC International Container Terminal in District 9, Ho Chi Minh City, on March 15, following the route from the city to Australia and vice versa.
— Hellenic Shipping News

Under Vietnam’s new cybersecurity law, U.S. tech giants face stricter censorship
When Vietnam’s government took offense at a game on Google’s app store in which a player could battle characters named after the country’s political figures, the tech behemoth caved.
— The Washington Post

Greater private investment needed for energy future of Vietnam
In pursuit of a sustainable energy future by 2030, Vietnam should set forth an array of fundamental policy and regulatory reforms with a view to attracting new investments, especially those from the private sector, EuroCham has suggested.
— VietnamNet Bridge

VN needs strategy to promote private firms
Viet Nam needs a strategy to promote the development of private firms with a focus on quality, as their contribution to the economy remains modest, attendees heard at a conference in Ha Noi on Friday.
— Bizhub

Hanoi plans to offer 15-day free travel on first metro line
The Hanoi People’s Council has proposed 15 days of free travel after the first metro line opens.
— VnExpress

Vietnam among 15 best countries for retirees
Vietnam one of the best places for retirees given its low living costs, according to MoneyWise.
— Vietnam Insider

Hanoi launches practical activities to observe Vietnam’s Consumer Rights Day 2019
A meeting was held at Trinh Cong Son pedestrian street in Hanoi on the evening of March 16, in response to Vietnam’s Consumer Rights Day 2019 (March 15).
— Nhan Dan Online

Most Vietnamese IT staff want to switch jobs
Over 60 percent of Vietnam’s IT employees want to switch jobs in the next six months, mostly for higher incomes.
— Vietnam Insider

Vietnam’s Hanoi Attractions: Hoan Kiem Lake
After the war a giant golden turtle grabbed the sword and disappeared into the depths of this lake to restore the sword to its divine owners, inspiring the name Ho Hoan Kiem (Lake of the Restored Sword).
— Vietnam Insider

Online education comes to the fore in Industry 4.0
Opportunities along with challenges to online education in the context of the fourth industrial revolution were the main theme of the International Conference on Online Education 2019 (ICOE 2019) held in Ho Chi Minh City on March 15.
— VNA NET

Da Nang’s growing popularity attracts major hotel brands
Vietnam’s central coast city Da Nang has become one of the region’s hottest resort cities, where luxury hotels with giant pools and upscale rooms line the beach, Nikkei Asia Review reported.
— VietnamNet Bridge

Farmers need support to expand fruit production
Fruit is a key produce of provinces around the Mekong Delta. However, small-scale production and poor links from production to purchase, from process to export, are hindering the development of orchards, attendees heard at a workshop held yesterday in the Mekong Delta province of Long An.
— Bizhub

Forum discusses press – businesses ties in CPTTP era
A forum took place in Hanoi on March 16 to discuss the role of the press in linking the business community with the Government in the context of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially taking effect on December 30 last year.
— VNA NET

Hoa Sen Group exports 15,000 tonnes of tole to European countries
Steel maker Hoa Sen Group stated on March 16 that it has exported 15,000 tonnes of tole worth more than US$11.5 million to the UK, Germany and Italy.
— Nhan Dan Online

PM promises optimal conditions for US firms
The Vietnamese Government will create optimal conditions for US enterprises to invest successfully in Viet Nam and is willing to listen to their recommendations to improve the local business environment, said Prime Minister Nguyen Xuan Phuc.
— Bizhub

RoK steel companies eye investment in Vietnam
The Vietnam Chamber of Commerce and Industry has recently unveiled that many steel firms from the Republic of Korea (RoK) are planning their investments in Vietnam.
— VietnamPlus

VN stocks to keep rising this week
Investors may keep betting on bank stocks this week, securities firms said, but selling pressure may weigh on the market’s overall performance as local stocks are considered as being overbought in recent days.
— VietnamNet Bridge

Japanese & South Koreans take a liking to My Dinh
According to the General Statistics Office (GSO), the total value of capital contributions by foreign investors in 2018 was $9.89 billion, an increase of 59.8 per cent compared to 2017. Disbursed FDI in Vietnam hit $19.1 billion, an increase of 9.1 per cent over the previous year.
— VietnamNet Bridge

Strategy sought for private sector development
Vietnam needs a strategy to promote the development of private firms with a focus on quality, as their contribution to the economy remains modest, attendees heard at a conference in Hanoi on March 15.
— VietnamPlus

Mavin to invest in food processing plant in Vietnam
Vietnam – Austria joint venture Mavin will invest in a high-tech variety research and development centre and a food processing plant in the south at a total cost of over 80 million USD, said its Chairman David John Whitehead.
— VietnamPlus

Eight northwestern provinces enhance tourism connectivity
The expanded northwestern region welcomed more than 20 million tourists in 2018, including nearly 2 million foreigners, heard a conference in Dien Bien province’s Dien Bien Phu city on March 17.
— VNA NET

Vietnam airport eyes direct flights to Cebu
THE Cam Ranh International Airport (CXR), the newest airport in Vietnam, is eyeing to open direct flights to Cebu and is open to hiring Filipinos to help in their expansion.
— Sun Star

More foreigners buying apartments in Ho Chi Minh City
More foreigners are buying apartments and investing in real estate in Vietnam, especially in Ho Chi Minh City, with most of them coming from mainland China, Japan, Singapore and the Republic of Korea.
— VNA NET

Banks speed recruitment to meet expansion plans
Many banks have recently announced they will recruit a large number of personnel to meet their business expansion plans in 2019.
— Bizhub

HCM City develops arts industry
A major project on developing an arts industry in HCM City by 2020, with a vision to 2030, has been submitted to the city People’s Committee.
— VNA NET

VN stocks to keep rising this week
Investors may keep betting on bank stocks this week, securities firms said, but selling pressure may weigh on the market’s overall performance as local stocks are considered as being overbought in recent days.
— Viet Nam News

Vinamik offers to purchase GTN shares for Moc Chau Milk
The Vietnam Dairy Products Joint Stock Company (Vinamilk) has offered to purchase more than 116 million shares of the GTNFoods Joint Stock Company (GTN) as GTN indirectly holds shares in Moc Chau Milk.
— VNA NET

Quang Ninh praised for creativity in implementing Party’s documents
The northern province of Quang Ninh has been praised for its creativity in implementing the Party’s Statutes (supplemented in 2011) and the Resolution of the Party’s 12th National Congress, thus making achievements in many fields.
— VNA NET

 

Feature photo United Nations Photo

This week’s Vietnam morning news photo features World Water Day, March 22.

 

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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