Vietnam, US ink $2.7 bln deals
Vietnam and the U.S. signed memorandums of understanding on major business deals worth $2.7 billion on Friday as the two countries seek to reduce the latter’s climbing trade deficit.
Finnish engineering company to build wind farm in Vietnam
Finland’s Poyry Plc announced to join forces with an owner’s engineer contract awarded by a unit of Thai company Banpu Power, for a 90-MW wind farm project in the town of Vinh Chau, Vietnam.
Terrorist claim against Australian man in Vietnam ‘absolutely false’, his wife says
Allegations of terrorism made against a 70-year-old Australian man in Vietnam are “absolutely false and groundless”, his wife says, pleading with the prime minister to publicly advocate for his release.
— The Guardian
South China Sea likely to be high on Asean agenda when Vietnam takes the chair
Territorial disputes over the resource-rich South China Sea are expected to feature prominently in engagements between China and Asean next year as Vietnam prepares to take over as chairman of the regional body.
— South China Morning Post
Vietnamese market to debut in Malaysia next March
The first Vietnamese market in Malaysia is scheduled to be inaugurated in March 2020 with a scale of 20 pavilions, the Investment & Trade Promotion Centre of Ho Chi Minh City (ITPC) announced at a ceremony held in the city on November 9.
‘Nakri’ now upgraded to typhoon as it approaches Vietnam’s coast
The former tropical storm Nakri has now strengthened to a Category 5 ‘typhoon’ as it moves across the South China Sea toward the Vietnamese coast. It is predicted to make landfall later today or Monday at the latest.
— The Thaiger
Most Vietnamese businesses adopt rosy outlook for 2020: HSBC
Buoyed by the strong economy and excited by international prospects, the majority of Vietnamese businesses anticipate a bright 2020, a HSBC survey finds.
Vietnamese shrimp quality approved for Scandinavia market
A Vietnamese shrimp farming cooperative, part-funded by Danish firm Northcoast Seafoods, has been certified to Aquaculture Stewardship Council (ASC) standards, according to the WWF.
Experts at odds on building major Da Nang port
A Singaporean consultancy says it’s better to upgrade the Da Nang port than build a new one, but other experts disagree.
85% of businesses listed on stock market report profit growth in Q3
As many as 706 enterprises, 85% of 832 listed companies on the Vietnamese stock market, generated profits during the third quarter of this year.
Organised crime gangs turn Scotland into Vietnam human trafficking hotspot
Organised crime gangs have turned Scotland into a hotspot for human trafficking victims from Vietnam.
— Daily Record
Vietnam-Japan economic cooperation dialogue held in Tokyo
The Japan Chamber of Commerce and Industry (JCCI) organised a dialogue on economic cooperation between Vietnamese localities and relevant agencies and businesses of Japan in Tokyo on November 8.
Vietnamese social networks expect 90 million users amid competition with Facebook
Vietnamese-made social networks are set to have 90 million users by the end of 2020, the communications minister said on Friday, as the government kept pushing hard to break the foreign monopoly in Vietnam.
Overseas remittances to HCM City invested in real estate or deposited in banks
It is expected that kieu hoi (overseas remittance) will continue to flow into Vietnam, especially HCM City, which receives 50 percent of total remittances.
— Vietnam Net
Hoi An – popular destination for Japanese tourists
Among nearly 1 million Japanese tourists to Vietnam, 60-70 percent of whom come to Hoi An ancient city in the central province of Quang Nam, according to Vietnamese Ambassador to Japan Vu Hong Nam.
Vietnam’s startup ecosystem introduced in RoK
Vietnam Startup Roadshow in Korea 2019 took place in Seoul, the Republic of Korea (RoK), on November 8, with the aim of improving the awareness of Korean investors and venture capital funds about the quality of Vietnam’s startup ecosystem.
— Sggp News
Urban railway helps reduce carbon emissions: JICA
Urban railways are a way to cut carbon emissions in big cities like Hanoi and Ho Chi Minh City, according to experts from the Japan International Cooperation Agency (JICA).
Klook Travel Fest being held in Vietnam for the first time
The Klook Fest Vietnam being held in Vietnam’s Ho Chi Minh City from November 8 to 11, which combines travel, fun and entertainment under one roof, providing travel offers for the year-end holiday season.
— Vietnam Insider
Police catch 2 men with 72 kg of heroin in northern Vietnam
Dien Bien police caught two men with 72.6 kg of heroin on Saturday, the biggest bust in several years in the mountainous province.
Trump talks tough on trade in Vietnam; no formal meeting with Putin
President Donald Trump revived his tough talk on trade Friday at the Asia-Pacific Economic Cooperation summit here, warning that he will not allow “the United States to be taken advantage of anymore.”
— Stock Daily Dish
Vietnam – RoK business summit opens in Quang Nam
The Vietnam – Republic of Korea (RoK) business summit took place in the central province of Quang Nam on November 9, discussing policies and orientations for bilateral cooperation in startups, innovation, and technology development.
Six Koreans caught using drugs in Vietnam
Six Koreans were caught using drugs on Nov. 5 in a karaoke parlor in Da Nang, Vietnam, according to a local media outlet Thursday.
— Korea Times
Vietnam Airlines Jan-Sept profit highest in five years
Vietnam Airlines Group posted pretax profits of VND3.29 trillion ($142 million) in Jan-Sept, up 35.7 percent year-on-year.
— Retail News
Taking meditation to focus better at work: noted architect
VTN Architects was recently handed two prizes at the Dezeen Awards 2019. Lê Hương chats with owner Võ Trọng Nghĩa about the prizes and his passions, and on winning the Architect of the Year title.
— Viet Nam News
First Vietnam Market in Malaysia to open in March 2020
The first Vietnam Market in Malaysia with 200 pavilions is scheduled to open in March 2020.
The ‘monumental’ friendship of Sukarno and Vietnam’s Ho Chi Minh
This charming man with sunglasses and a black peci cap was smiling as he waved to the crowd, while a slightly older man sporting a safari suit and an iconic beard looked on joyfully, standing next to him.
— The Jakarta Post
A STOCK MARKET BATTLE BARES VIETNAM’S NORTH-SOUTH DIVISIONS
In Vietnam, the regional differences between north and south are a topic of light banter that, if you dig too deep, can veer into taboo territory.
Jackie Chan cancels Vietnam trip over China sea row
In the past, Chan has been accused of choosing China over Hong Kong’s democracy protests, calling the unrest in his hometown “sad and depressing.”
— The Independent
Vietnam-Flanders business forum talks EVFTA, EVIPA
The signing of the free trade agreement and the investment protection agreement between Vietnam and the European Union (EU) last June has marked a new development step in their partnership and comprehensive cooperation, said Vietnamese Deputy Minister of Planning and Investment Vu Dai Thang on November 8.
AES Corp to build $1.7 billion gas-fired power plant in Vietnam
AES Corp. on Friday signed a memorandum of understanding with the Vietnamese government to build a $1.7-billion gas-fired power plant in Vietnam, the U.S. Embassy in Hanoi said.
— Salt Wire
Vietnam War retrospective coming Monday
On Veterans Day, the Santa Fe New Mexican will publish a 32-page salute to those who served the nation during the Vietnam War.
— Santa Fenew Mexican
PM Phúc receives US Secretary of Commerce
Prime Minister Nguyễn Xuân Phúc hosted a reception in Hà Nội on Friday for US Secretary of Commerce Wilbur Ross and a US business delegation who are in Việt Nam on an official visit.
— Viet Nam News
Feature photo John Le Fevre
This week’s Vietnam morning news feature photo focus on Vietnam’s receipt of the Asean Chair’s gavel for the year 2020
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).
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She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018