Vietnam morning news for November 21

Vietnam morning news for November 21

Vietnam morning news

Vietnam Takes ‘Drastic Steps’ to Stop Fraudulent Exports to U.S.
Vietnam is intensifying efforts to crack down on Chinese exporters trying to route products through the Southeast Asian nation to bypass higher U.S. tariffs, a customs official said.
— Bloomberg Tax

Vietjet named Asia Pacific’s low cost airline of the year 2019
The award honoured Vietjet for the airline’s strong expansion of its international network. This is a highly attractive position given Việt Nam’s favourable economic prospects and fast-growing market.
— Viet Nam News

Vietnam strives for being ASEAN’s leading country in e-government
Vietnam aims to raise its ranking of e-government from 10 to 15 levels by 2020, according to the United Nations assessment
— VietnamPlus

US Offers Vietnam Coast Guard Ship to Help Patrol South China Sea
The United States will give Vietnam’s coast guard a second cutter vessel, U.S. Defense Secretary Mark Esper announced on Wednesday in the latest show of deepening security ties between Washington and Hanoi, who share a concern about China’s actions in the South China Sea.
— Radio Free Asia

Vietnam may import massive pork amid concern of supply shortage
In the fourth quarter of 2019, demand for pork in Vietnam is estimated at 600,000 tons, while supply is over 400,000, indicating a shortage of 200,000 tons.
— The Hanoitimes

Vietnam Airlines takes off with digital transformation
The national flag carrier Vietnam Airlines won 2019 ICT award of Asian-Oceanian Computing Industry Organisation (ASOCIO) for its outstanding achievements and important contributions to the development and application of information technology in operation and services.
— Viet Nam News

Over 200 Vietnamese enterprises invest in Myanmar
According to the General Department of Investment and Enterprise Management of Myanmar, Vietnam now ranks 7th out of 50 countries and territories having investment projects in Myanmar with its total registered capital of over US$ 2.16 billion via 25 projects.
— Sggp News

Aviation industry seeks private investment amid explosive growth
The booming aviation sector in Việt Nam needs investment from the private sector to ensure that it has adequate airport infrastructure for continued expansion, experts have said.
— Viet Nam News

YTO and VietJet partnership signals future China-Vietnam ACMI opportunities
A delegation from YTO Dragon Investment, the investment arm of Hangzhou-based YTO Express, was in Ho Chi Minh City (SGN) this week to sign a strategic cooperation agreement with low-cost carrier VietJet Air.
— Cargo Facts

Vietnam’s Minh Phu invests another $12m in hurrying farms along
Vietnamese shrimp giant Minh Phu is investing an additional VND 280 billion ($12.1 million) in its Loc An farming subsidiary, with the intention of speeding along its expansion in shrimp farming.
— Undercurrent News

Banks Required to Assess Environmental, Social Goals in Vietnam
From 2008 on, Vietnam was mostly protected from the global financial crisis, not because its banks were stronger than the U.S. banks that created the crisis, but because it was less integrated into global trade back then.
— VOA

SBV cuts interest rate for a second time since September
Under SBV’s Decision 2416, the annual interest rate was slashed by half a percentage point to 6.0 per cent for borrowers in priority sectors such as agriculture, export and supporting industries as well as hi-tech firms and small-to-medium-sized enterprises.
— Viet Nam News

Hà Nội spent roughly US$4.7 million to upgrade Cát Linh – Hà Đông railway
Hà Nội’s Transport Department has spent roughly US$4.7 million to upgrade a section of road connecting the streets of Nguyễn Trãi, Trần Phú and Quang Trung in the districts of Thanh Xuân and Hà Đông.
— Vietnam insider

Satellite system helps forecast dengue epidemics in Vietnam
Dengue fever epidemics could be forecast up to eight months in advance by a new satellite-based, early warning system.
— Inquirer.net

US firms are pouring money into Vietnam LNG market
Investing in the Vietnamese LNG market shows a diversified investment portfolio and part of efforts to balance the two-way trade.
— The Hanoitimes

Millennials in ages 31-34 of Vietnam more accurately assess their finances
Users of online financing services aged 31-34 more accurately match their needs in finance to actual capabilities. In comparison to other age groups, they apply for such amounts, which size is the closest to the approved.
— Vietnam insider

Vietnam forecast to enter top ten remittances recipients in 2019
Vietnam is expected to enter the top ten remittances receivers with an estimated amount of US$16.7 billion this year, accounting for 6.4 percent of the country’s Gross Domestic Product (GDP), according to the latest data from the World Bank.
— Sggp News

Vietnam’s leading C2C e-commerce marketplace completes largest financing round to date
Sendo, Vietnam’s leading C2C e-commerce marketplace, has announced that it has successfully secured an investment of USD 61 million in its Series C financing round, which represents the largest for the Company to date.
— Vietnam insider

Sendo wins funding, overtakes Tiki in Vietnam
Vietnamese e-commerce marketplace Sendo has secured a US$61 million Series C funding, just as its overtakes local archrival Tiki into second place in the market.
— Insider Retail

Decree sets age limit for imported used aircraft
The age of second-hand aircraft imported into Vietnam is among new regulations in the Government’s Decree 89/2019/ND-CP.
— VietnamPlus

Vingroup adds smart TVs to growing consumer business
Leading Vietnamese conglomerate Vingroup has begun making televisions, cementing its position as one of the country’s rising manufacturers.
— Nikkei Asian Review (paywwall)

Singapore and Vietnam fintech lead investor funding in 2019
Vietnam and Singapore commanded the lion’s share of money raised for the first nine months of 2019, making up 87% of the US$1.14 billion raised across Southeast Asia by financial technology firms.
— Asean Economist

Impact of Vietnam’s new Competition Law on mergers
On 12 June 2018, the National Assembly of Vietnam updated its primary competition legislation through the passage of Law No. 23 (2018 Competition Law), replacing an earlier version of the law which had been active since 2004.
— Vantage Asia

Myanmar offers big market for Vietnamese goods, say experts
Myanmar is considered a very promising market for Vietnamese companies because of factors like cultural similarities, similar consumption trends, experts have said.
— Viet Nam News

Vietnam-based marketplace Sendo closes $61m Series C funding
Vietnamese e-commerce firm Sendo has secured $61 million in a Series C funding round from existing shareholders as well as new investors including Indonesia’s EV Growth and Thailand’s Kasikornbank.
— DealStreetAsia

Most enterprises satisfied with tax administrative reform
Seventy-eight per cent of surveyed enterprises expressed satisfaction with tax administrative reforms this year, up 3 per cent compared to 2016.
— Viet Nam News

Cambodia, Laos, Thailand, Vietnam may face severe drought
Severe to extreme drought is expected to hit the four lower Mekong River Basin countries of Cambodia, Laos, Thailand and Vietnam from now until January, threatening agricultural production, experts warned Tuesday.
–Bangkok Post

Prudential Vietnam commits to ensuring wealthier, healthier community
As demand for healthcare continues to rise in Vietnam, insurance companies must partner with customers on their health and wellness, guiding them on how to prevent and postpone the onset of disease, the chief executive of Prudential Vietnam has said.
— Viet Nam News

Garment, textile industry gradually loses its advantages
Export target of US$40 billion of garment and textile industry this year is on the verge of failing to achieve due to several difficulties, such as a shortage of orders and high dependence on imported materials.
— Sggp News

VN stocks bounce as opportunities arise at low-price ranges
Tuesday’s recovery partly made investors less pessimistic about the market’s short-term movement, especially when the market was in a serious lack of guiding information.
— Viet Nam News

Vietnamese military doctors leave for UN field hospital in South Sudan
28 medical personnel left Vietnam Tuesday to man a field hospital in South Sudan as part of an ongoing U.N. peacekeeping mission.
— VnExpress

An Giang’s rice and fruit could be exported to the US
US consul general in HCM City pledged to create a bridge for An Giang’s agricultural products such as rice and fruit to export to the US in the future.
— Viet Nam News

Vinpearl Safari hosts animal conservation conference
The conference, themed “Southeast Asian Zoos in Biodiversity Conservation and Animal Welfare”, has been ongoing at Vinpearl Safari Phú Quac, southern Kiên Giang Province, from November 17 to 20.
— Viet Nam Net

HCM City stock exchange rolls out three new indices
The Ho Chí Minh Stock Exchange on November 18 introduced three new stock indices developed based on the investment requirements of local funds.
— Viet Nam News

Diverse skillsets come together to make flying pleasurable experience
Viet Nam News talks to Executive Sous Chef of VACS Nguyen Thanh Vũ and Hải Âu Aviation’s pilot Nguyen Bá Hải.
— Viet Nam News

The reasons for air pollution in Việt Nam
Do you wear a mask when out an about in Việt Nam? Maybe you should, as the pollution builds up. Doctors say not only should you wear a mask, but it should be the correct one. But if we really want to make the air less polluted we should all be looking at our own lifestyles.
— Viet Nam Net

Nearly 200 exhibitors to join Vietnam Medipharm Expo 2019 in Hà Nội
Vietnam Medipharm Expo 2019 will showcase pharmaceutical products and medical equipment in Việt Nam at 220 booths from December 5-7.
— Viet Nam News

New $22m livestock feed plant opens in Hà Nam
The US Archer Daniels Midland Company (ADM) launched its latest livestock feed plant, worth 20 million euros (more than $22.1 million), in the northern province of Hà Nam on Tuesday.
— Viet Nam News

Annual furniture fair targets domestic market
The 2019 Vietnam Furniture and Home Furnishing Fair will be held in HCM City from November 28 to December 1 to promote locally made wooden furniture, home decor and handicrafts.
— Viet Nam News

Tourism helps more airlines take off in Vietnam
Việt Nam’s booming tourism industry has led to growth in the aviation sector, with more routes and airlines creating a new landscape for the industry.
— Viet Nam News

 

Feature photo Trường Mầm Non Phú Lương

This week’s Vietnam morning news feature photo focus on World Toilet Day, November 19.

 

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).

 

 

About Vietnam morning news.

Vietnam morning news roundup is the most comprehensive hand-curated selection of Vietnam English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Vietnam English language news today.

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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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