Vietnam morning news for May 14

Vietnam morning news for May 14

Vietnam morning news

PH group eyes airport projects in Vietnam
Filipino conglomerate Aboitiz Equity Ventures Inc. (AEV) wants to invest in airport projects in Vietnam, which is in the midst of privatizing hundreds of state-owned assets.
— Inquirer.net

Vietnam records highest increase in per capita alcohol consumption
Per capita liquor consumption in Vietnam increased near 90 percent in 2010-2017, surpassing regional giants and against drops in Europe.
— VnExpress

Vietnam’s north-south railway paralyzed for hours after train derailment
A cargo train was derailed on Monday morning in Vietnam’s northern Nam Dinh province, causing no casualties but paralyzing the country’s north-south railway for several hours, local media reported.
— Xinhua

PM hopes Vietnam Airlines to become 5-star airline soon
As a national flag carrier and reserve force for national security and defence, Vietnam Airlines should strive to become the first 5-star airline of Vietnam in the earliest time, Prime Minister Nguy Xuân Phúc has said.
— Viet Nam News

At least 128 prisoners of conscience in Vietnam: Amnesty
The number of prisoners of conscience in Vietnam has risen by a third over the past year amid a continuing crackdown on freedom of expression in the Southeast Asian nation, Amnesty International has said.
— Aljazeera

Vietnam’s cloth import up 8 pct in 4 months
Vietnam poured nearly 4.1 billion U.S. dollars into importing cloth in the first four months of this year, posting a year-on-year rise of 8 percent.
— Xinhua

HCMC to set up official databases for use by public, investors
HCMC will make data on inspections, projects, schools, health facilities, and land administration publicly available as it pursues smart city vision.
— VnExpress

Vietnam eyes sustainable mariculture development
The Ministry of Agriculture and Rural Development is making a strategy on mariculture development until 2030 with a vision to 2050 to submit to Prime Minister Nguyen Xuan Phuc for approval.
— VietnamPlus

Biofuel fails to make a difference in Vietnam, consumption drops
After being introduced as a more environmentally friendly option in late 2017, E5 biofuel consumption has fallen.
— VnExpress

Vietnam, Myanmar to expand cooperation in defence, anti-crime
Vietnam and Myanmar agreed on Saturday to expand cooperation to potential spheres, including navy, military medicine, defence industry, logistics, search and rescue, and fighting crimes related to national and regional security.
— Mizzima

City to stabilise market prices following hikes in gasoline and electricity prices
HCM City’s Department of Industry and Trade has pledged to help businesses stabilise market prices following hikes in gasoline and electricity prices.
— Viet Nam News

Vietnam seizes half tonne of ketamine in crackdown on synthetic drugs
Vietnamese police have seized half a tonne of ketamine worth US$21 million in Ho Chi Minh City, a key transit hub that has seen record busts of synthetic drugs in recent weeks as narcotics gangs use its ports and air links to shuttle drugs across the region.
— Channel NewsAsia

Vietnam launches tourism flights with Bell 505 Jet Ranger X
Bell, a Textron Inc. company, announced May 13 that Northern Vietnam Helicopter Company (VNH North), a subsidiary of state-owned helicopter operator Vietnam Helicopter Corporation, has launched the first ever helicopter tourism flights with the Bell 505 in Vietnam’s iconic Ha Long Bay.
— Verticalmag

VietBuild exhibition comes to Đà Nẵng
More than 1,000 pavilions of 300 businesses from the US, Germany, Italy, Spain, Portugal, Japan, China, India, Malaysia, Taiwan, Korea and Việt Nam will display their products at the International Vietbuild Exhibition on May 15-19.
— Viet Nam News

Vietnam culls 1.2 million pigs as African swine fever spreads nationwide
Vietnam has culled more than 1.2 million farmed pigs infected with African swine fever, the government said on Monday, as the virus continues to spread rapidly in the Southeast Asian country.
— The Guardian

HCM City should focus on hi-tech: seminar
HCM City should consider Industry 4.0 the basis of its development, and the Government should create favourable conditions for entrepreneurs to thrive, a seminar on promoting technology products heard in the city on Friday.
— Viet Nam News

Vietnam is facing challenges to reach 8 – 10 percent export growth in 2019
The latest figures from the Ministry of Industry and Trade show that in the first 3 months of 2019, the total export turnover of the whole country reached USD58.51 billion, up 4.7% over the same period last year but much lower than the increase of 24.5% of the first quarter of 2018. In particular, the main items are mobile phones down 4.6%, rice down 26%, cashew nuts and coffee are down 15%.
— Vietnam Insider

Bank loans not accessible for 20% of VN firms
A fifth of all Vietnamese enterprises do not have access to financial loans, according to the Vietnam Chamber of Commerce and Industry (VCCI).
— Viet Nam News

Nha Trang releases breeders to protect marine ecosystem
More than 500,000 marine breeders were released in Nha Trang Bay on Sunday by the People’s Committee of Nha Trang in Khánh Hoà Province.
— Viet Nam Net

Hotels, restaurants found discharging hazardous wastewater
Đà Nẵng City’s Department of Natural Resources and Environment has asked the city’s authority to hand out fines to 13 hotels and restaurants for discharging hazardous wastewater into the sea.
— Viet Nam Net

Is It Time for Vietnam’s Companies to Go Global?
Usually, the U.S. ambassador in Hanoi brings American interests to Vietnam, but next month he plans to take Vietnamese companies to the United States.
— VOA

Bank loans not accessible for 20% of VN firms
A fifth of all Vietnamese enterprises do not have access to financial loans, according to the Vietnam Chamber of Commerce and Industry (VCCI).
— Viet Nam News

Vietnam intensifies crackdown on online dissent – Amnesty report
Vietnam has stepped up its imprisonment of political activists, Amnesty International said in a report on Monday, intensifying a crackdown that has seen the number of prisoners of conscience increase by almost a third since last year.
— The Star Online

Lộc Trời Group and Tấn Vương Food JSC to export 84,000 tonnes of rice to China
Lộc Trời Group and Tấn Vương Food Joint Stock Company will export 84,000 tonnes of rice per year to China.
— Viet Nam News

Report predicts Vietnam poised for renewables boom
Wind and solar power are poised for a significant rise in Vietnam and will hit 19.9 GW by 2030, according to a new report.
— Power Engineer Insight

Việt Nam Pepper Association not hopeful of global price recovery
With supply remaining higher than demand in the global market, pepper prices are unlikely to recover this year, according to the Việt Nam Pepper Association.
— Viet Nam News

Australia’s Indo-Pacific Endeavor Visits Vietnam
After consolidating Australia’s growing security cooperation with India in April with the AUSINDEX naval exercises, the Indo-Pacific Endeavor, Canberra’s flagship 11-week regional naval deployment, made its way to Vietnam.
— The Diplomat

First Overseas Vietnamese Economic Forum to be held in South Korea
The first Overseas Vietnamese Economic Forum (OVECOF) will take place at the Songdo Covensia Convention Center in Incheon, South Korea from June 6-9.
— Viet Nam News

Cleaning up a toxic legacy in Vietnam
Fifty years after the war in Vietnam ended, the nation is still dealing with the toxic legacy of Agent Orange, one of the herbicides sprayed throughout the countryside that directly exposed generations of Vietnamese to dioxin, “the most toxic substance ever created by humans,” writes George Black in FERN’s latest story, produced in collaboration with Yale Environment 360.
— Thefern

Việt Nam Pepper Association not hopeful of global price recovery
With supply remaining higher than demand in the global market, pepper prices are unlikely to recover this year, according to the Việt Nam Pepper Association.
— Viet Nam News

Vietnam: From fire zones to free zones
Biên Hòa, 25km from Ho Chi Minh City in Dong Nai province, is one of the key industrial centres of Vietnam, a multitude of industrial development zones, factories and warehouses dominating the local economy.
— Daily Maverick

Suncity Group awards itself management rights for Vietnam IR Hoiana
Suncity Group has confirmed that its wholly owned subsidiary, Suncity Group Management and Consultancy Limited (Hoi An), will provide all management services to the casino and food and beverage facilities of its Vietnam integrated resort Hoiana, due to open in late 2019.
— ASGAM

Vietnam’s real estate market likely to stay stagnant this year
Vietnam’s real estate market will likely remain stagnant this year, unlike in 2017 when price increases were rampant in popular spots around the country, predicted deputy head of the Department of Housing and Real Estate Management Nguyen Manh Khoi.
— Vietnam Insider

Ninh Thuận livestock farmers struggle to feed animals due to drought
Farmers in Ninh Thuận Province, which has the largest number of cattle and sheep and goats in the country, are struggling to find natural food for their animals since prolonged hot weather has parched their pastures.
— Viet Nam Net

Technological Advancements Can Turn Vietnam Into A Developing Country
Vietnam has been working hard on boosting its economy over the past three decades and while the country has not experienced a recession in over 30 years, analysts said local economy can further be propelled through technological developments.
— Business Times

VIISA names 4 startups into the fifth batch of its accelerator programme
The startups have been selected out of 80 applicants to join the VIISA accelerator programme Vietnam-based accelerator programme VIISA announced the four startups that have made it to the fifth batch of its programme.
— e27

First Overseas Vietnamese Economic Forum to be held in South Korea
The first Overseas Vietnamese Economic Forum (OVECOF) will take place at the Songdo Covensia Convention Center in Incheon, South Korea from June 6-9.
— Viet Nam News

Việt Nam, China have room to grow trade ties: experts
Vietnamese and Chinese enterprises are encouraged to tap into the great bilateral trade potential driven by the two countries’ open trade policies, experts said.
— Viet Nam News

Lộc Trời Group and Tấn Vương Food JSC to export 84,000 tonnes of rice to China
Lộc Trời Group and Tấn Vương Food Joint Stock Company will export 84,000 tonnes of rice per year to China.
— Viet Nam News

India, Vietnam to strengthen cooperation in atomic energy, defence and security
Vice-President Venkaiah Naidu and Vietnam Prime Minister Phuc express commitment to enhance trade and investments; agrees to facilitate direct air connectivity to promote tourism, trade and relations.
— The Hindu

VN stocks expected to decline, hopes rest on banks
Vietnamese shares may continue declining this week, dragged down by the impact of recent US-China trade talks and a lack of corporate news, analysts said.
— Viet Nam News

HCM City should focus on hi-tech: seminar
HCM City should consider Industry 4.0 the basis of its development, and the Government should create favourable conditions for entrepreneurs to thrive, a seminar on promoting technology products heard in the city on Friday (May 10).
— Viet Nam News

Chàm Islands officials resist plan to send tourist boats from Đà Nẵng
The Chàm Islands off the coast of Hội An have since 2015 limited the number of tourists permitted to 3,000 per day to protect the vulnerable world biosphere reserve site from being overrun by boats and waste, but the area is in crisis despite these efforts.
— Viet Nam Net

 

Feature photo Youthucancook

This week’s Vietnam morning news photo features World Telecommunication and Information Society Day , May 17. 

 

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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