Vietnam Morning News For November 22, 2019

The Customs Bureau of HCM City proposes to collect infrastructure fees at seaports
The Customs Bureau of HCM City has proposed that city authorities collect infrastructure fees at seaports to increase revenue for the city.
— Vietnam Insider

VN aviation industry should focus on infrastructure, innovation: experts
Innovation and investment in infrastructure are required for Vi?t Nam’s aviation industry to develop, experts have told conferences at the Vi?t Nam International Aviation Expo that opened yesterday (November 20) in HCM City.
— Viet Nam News

Decree sets age limit for imported used aircraft
The age of second-hand aircraft imported into Vietnam is among new regulations in a new Government’s decree which amends and supplements some articles of a former one.
— VietnamPlus

Renewable energy projects in Ninh Thuan face overloaded electricity grid
The central province of Ninh Thuan has seen a boom in renewable energy projects, especially solar power, but power transmission lines in the province have failed to handle the capacity, experts have said.
— Viet Nam News

Vietnamese Authorities Arrest Journalist Pham Chi Dung for Writings Critical of the State
Authorities in Vietnam arrested a prominent independent journalist Thursday for his criticism of the communist government.
— Radio Free Asia

European capital eyes government bond as EVFTA takes effect
The Europe-Vietnam Free Trade Agreement (EVFTA) is the process of being ratified for early 2020. For European investors, it will be a good opportunity to penetrate Vi?t Nam’s financial sector.
— Viet Nam News

Da Nang dismissed environmental concerns to build a new port
Vietnam’s central city Da Nang has dismissed environmental concerns raised by a Singaporean consultant and is pushing ahead with plans to build a new port.
— Vietnam Insider

Investors keep pouring money into e-wallet despite losses
The large market and great potential of the non-cash payment sector in Vietnam explain why investors keep pouring money into payment technology firms, though the firms continue making losses.
— The Hanoitimes

Vietnam’s Vingroup, Google team up to develop smart TVs
Vingroup JSC, Vietnam’s biggest listed firm by market value, said on Wednesday it had signed an agreement with Google to develop smart TV on the Android platform.
— Vietnam Insider

Vietnam reduces penalties for illegal currency exchange
Vietnam has significantly lowered penalties for illegal currency exchanges following outrage over a man being fined VND90 million ($3,900) for exchanging $100 last year.
— VnExpress

Vietnam to increase retirement age from 2021
Vietnam will increase the retirement age to 60 years for women and 62 for men under Labor Code changes approved by the parliament.
— Vietnam Insider

Vietnam bans damaged lithium battery in all flights
Damaged lithium batteries and devices using these batteries have been banned in all flights of Vietnam Airlines, the country’s national flag carrier was quoted by Vietnam News Agency as saying on Wednesday.
— Vietnam Insider

Vietnam highlights ASEAN’s efforts to observe child rights
Ambassador Dang Dinh Quy, Head of the Vietnamese Permanent Mission to the United Nations, has affirmed the ASEAN’s strong commitments in promoting and ensuring the rights of children in both regional and global scales through dialogue, partnership and cooperation, helping to build a future of peace, stability and prosperity.
— VietnamPlus

ILO applauds Vietnam’s adoption of revised Labour Code
The International Labour Organisation (ILO) has praised Vietnam’s adoption of the revised Labour Code on November 20, saying that the code will held everyone gain fair benefits of economic growth.
— VietnamPlus

PM: Vietnam highly values comprehensive partnership with US
Vietnam highly values its comprehensive partnership with the US, considering it one of the country’s top important partners, Prime Minister Nguyen Xuan Phuc told visiting US Secretary of Defence Mark Esper during a reception in Hanoi on November 20.
— NDO

Vietnam, China hold talks on less sensitive marine cooperation areas
The Vietnam-China working group on cooperation in less sensitive sea-related areas held the 13th round of negotiations in Ho Chi Minh City on November 19 and 20.
— VietnamPlus

Vietjet Air signs $140 million loans for fleet expansion
Vietjet Air has signed a syndicated loan agreement worth $140 million with three foreign banks to fund its aircraft purchase plans.
— VnExpress

Six Vietnamese went missing after their boat caught fire off South Korea’s Jeju Island
Six Vietnamese and five Korean fishermen have gone missing after their boat caught fire off South Korea’s Jeju Island on Tuesday morning.
— Vietnam Insider

A new expressway link for Vietnam
A new 225km expressway link in Vietnam will help boost connectivity between the Mekong Delta area in the south east of the country and Ha Tien Province.
— World Highways

HCMC works with businesses on goods preparation for Tet holiday
The HCMC Department of Industry and Trade on November 20 worked with major businesses in HCMC on goods preparation for the upcoming Tet holiday as well as solutions to ensure supply and stabilize pork prices in the holiday.
— Sggp News

WWF launches Plastic Smart Cities initiative in Southeast Asia
The World Wildlife Fund (WWF) is calling on cities in Southeast Asia to join Patong (Thailand), Donsol (Philippines) and Phú Quac Islands (Vi?t Nam) in making a commitment to eliminate plastic pollution, by developing an action plan and trial innovative solutions.
— Viet Nam Net

HDBank wins best green credit financing award
HDBank has been named the bank with the best green credit financing and the best customer service in 2019 by Vietnam Economics Times.
— Viet Nam News

Richest people in Vietnam in 2019
With an estimated net worth of $7.7 billion, Pham Nhat Vuong of Vingroup, Vietnam’s largest private conglomerate, is the wealthiest person in Vietnam, that’s according to CEOWORLD magazine’s Vietnam Rich List Index For 2019.
— Vietnam Insider

Vietnam: Longtime Critic Facing Trial
Vietnamese authorities should drop all charges against the blogger Pham Van Diep and immediately release him, Human Rights Watch said today.
— Human rights watch

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

Wastewater pollutes Da Nang’s iconic Han River
A section of the iconic Han River in the central Vietnamese city of Da Nang has been contaminated by wastewater over the past few days as a nearby wastewater collection system becomes overloaded.
— Vietnam Insider

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

International textile and garment industry exhibitions open in Ho Chi Minh City
A series of expos showcasing technologies, solutions and trends meant to upgrade the entire textile and footwear production chain opened the Saigon Exhibition and Convention Centre (SECC) on November 20.
— NDO

Horasis Asia Meeting returns to Bình Duong, hopes for repeat of last year’s success
How to shape the path forward through Asia’s big transitions and how to adopt innovation to build a resilient Asia will top the agenda at the 2019 Horasis Asia Meeting to be held in Bình Duong Province this weekend.
— Viet Nam News

Hong Leong Brings Digital Bank to Vietnam
The bank, which has been steadily growing its presence in the market for a decade, will offer a «simple, yet functional» digital banking experience.
— Finews

Inflation controllable despite soaring pork prices: Deputy PM
This year’s inflation is controllable at 3.3-3.9 per cent, Deputy Prime Minister Vuong Ðình Hu? said while chairing a meeting on November 18 regarding the recent surge in pork prices, an essential foodstuff.
— Viet Nam News

Fusion has major expansion, new brands in store for Vietnam
Wellness-oriented hotel group Fusion has unveiled plans to substantially step up its Vietnam’s presence by tripling the number of properties in the country while introducing new brands to the market.
— TTG Asia

Vietnam trade trip delivers export lessons
Eight potential exporters from Queensland have had the chance to put their best foot forward to Asian markets on a trade trip to Vietnam.
— Queensland Country Life

Vi?t Nam bond market grows in Q3
Vi?t Nam’s local currency bond market expanded during the third quarter of 2019, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.
— Viet Nam News

Vinpearl Air opens first pilot training course
The VinAviation High-tech Human Resources Training School run by Vinpearl Air JSC under private conglomerate Vingroupon November 20 launched its first pilot training course for 180 trainees aged from 18-33.
— VietnamPlus

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

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).

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