Vietnam morning news for November 28

Vietnam morning news for November 28

Vietnam morning news

China funded 1.4 million USD for the planning of a controversial train project in Vietnam
China had funded 10 million yuan (1.4 million USD) for the preliminary planning of a controversial train project in Vietnam that would connect the northern border region all the way through to a busy eastern port, the Ministry of Transport announced on November 25.
— Vietnam Insider

FDI inflows into Việt Nam surge in 11 months
The country lured US$31.8 billion in foreign direct investment (FDI) in the first 11 months of 2019, up 3 per cent year-on-year, according to the Foreign Investment Agency (FIA).
— Viet Nam News

‘My son has finally arrived’: first of Essex lorry bodies returned to Vietnam
The first 16 bodies of 39 Vietnamese people found dead in the back of a refrigerated lorry in Britain have been repatriated to Vietnam, according to a local official and Vietnamese media.
— The Guardian

Vietnam Releases Long-Awaited 2019 Defense White Paper
Vietnam just released its long awaited Defense White Paper. This policy document has been a decade in the making and its release was anticipated several times during this period.
— Radio Free Asia

Armenia Looking at Vietnam Market Access Via Eurasian Economic Union
Armenia, a member state of the Eurasian Economic Union (EAEU) along with Belarus, Russia, Kazakhstan, and Kyrgyzstan, is beginning to align itself with the various protocols needed to access intelligence and data about the Vietnam market.
— Vietnam-Briefing

Việt Nam to import pork for domestic demand
Due to African swine fever, pork supply will be short at about 200,000 tonnes so Việt Nam must import pork to meet domestic demand.
— Viet Nam News

Vietnamese financial technology startups is attracting Southeast Asian venture capital funding
Vietnamese financial technology startups are quickly catching up to Singapore in attracting Southeast Asian venture capital funding, with Indonesia rounding out the region’s top three investment destinations.
— Vietnam Insider

Private sector a key stakeholder in aviation industry: conference
Việt Nam’s aviation industry will need US$23.5-24.2 billion from the private sector by 2030 for its development, Phạm Doãn Hong, vice chairman of the Việt Nam Association of Aviation Science and Technology, told a conference in HCM City yesterday (November 26).
— Viet Nam News

China investment in Vietnam surges amid trade war
FDI commitments in the January – November period totaled US$31.8 billion, up 3.1% year-on-year.
— The Hanoitimes

Novaland Expo, where you can buy the best property in Vietnam
Slated to descend in this December, Novaland Expo aims to bring customers a vast flow of information about the local real estate market through a string of themed symposia with the attendance of leading experts from across the board.
— Vietnam Insider

Largest vaccination center opened in Mekong delta
The Ministry of Health (MoH) and the Vietnam Vaccine Corporation (VNVC) yesterday opened VNVC Can Tho Vaccination Center at 576 in 30/4 Street in Ninh Kieu District in the Mekong delta city of Can Tho.
— Sggp news

Vietnam closes in on Singapore as fintech funding booms
Vietnamese financial technology startups are quickly catching up to Singapore in attracting Southeast Asian venture capital funding, with Indonesia rounding out the region’s top three investment destinations.
— Nikkei Asian Review (paywall)

Vietnam’s start-up landscape attractive to Korean investors
According to the Korea Trade-Investment Promotion Agency, Vietnam, with a population of over 96 million, is an attractive market for Korean investors.
— NDO

Vietnam, Indonesia step up cooperation in financial supervision
A delegation of the Vietnamese National Financial Supervisory Commission led by its Vice Chairman Nguyen Van Khach visited and held working sessions with agencies in Indonesia’s financial safety network in Jakarta from November 24-26.
— VietnamPlus

Nội Bài Airport expected to receive 100 million passengers per year
Nội Bài International Airport will be expanded to serve 100 million passengers annually, becoming more suitable to the development space of Hà Nội and minimising impact on surrounding planning.
— Viet Nam News

Proposal to merge Hanoi and Ho Chi Minh City stock exchanges on hold
For the time being, the government would redefine functions and responsibilities of each stock exchange, ensure no overlapping in operations.
— The Hanoitimes

Japan Airlines to recruit manpower from central Việt Nam
Representatives of Japan Airlines (JAL) will co-operate with Đông Á College in human resources training for its airline and ground services in Japan from 2020, marking the JAL’s first-ever manpower training programme abroad.
— Viet Nam News

Viet Nam among top 20 markets for women entrepreneurs: Mastercard study
Viet Nam is among top 20 markets for women entrepreneurs in the world, according to the Mastercard Index of Women Entrepreneurs released yesterday (November 26).
— Viet Nam News

Cristiano Ronaldo-advertised condotel complex in Vietnam faces financial collapse, domino effect feared
Some experts have said that the collapse of Cocobay may lead to a serial fall of other similar developments.
— The Hanoitimes

Sun Life subsidiary secures partnership with bank in Vietnam
A subsidiary of Sun Life Financial Inc. has formed a partnership with a bank in Vietnam, Sun Life said in a release on Tuesday.
— Investment Executive

Resolution on Long Thành International Airport approved: National Assembly
Ninety per cent of all National Assembly deputies on Tuesday approved a Government resolution on the feasibility report for the phase-one development of the Long Thành International Airport.
— Viet Nam News

Vietnam honours 100 sustainable businesses
The Vietnam Business Council for Sustainable Development (VBCSD) held a ceremony on November 26 to announce and honour 100 sustainable companies in 2019 in the presence of Deputy PM Vu Duc Dam.
— NDO

Party official hails IBEC’s support for Vietnam
Politburo member and head of the Party Central Committee’s Economic Commission Nguyen Van Binh received Chairman of the Board at the International Bank for Economic Cooperation (IBEC) Denis Ivanov in Hanoi on November 26.
— NDO

Ford Vietnam adds $81.7m in automobile manufacturing expansion project
Ford Vietnam will invest an additional VNĐ1.9 trillion (US$81.7 million) in expanding its automobile assembly and production factory in the northern province of Hải Dương.
— Viet Nam News

No skate parks: Vietnam medal hopefuls skating under the nose of Lenin
They have few places to practice, no government funding and little public support, but Vietnam’s first national skateboard team is carrying high hopes of winning medals for their country.
— Inquirer.net

Vietnamese firms connect with potential partners at Singapore forum
Vietnamese businesses had a chance to connect with the Singaporean market and seek potential partners from around the world at a forum held at the Singapore Exchange (SGX) on Monday.
— Viet Nam News

Major exporting nations raise HRC offers to Vietnam
In a recent conversation with market participants, SteelMint learned that imported HRC offers to Vietnam increased further by USD 10-20/MT from major exporting nations.
— MySteel

Management unit to be set up at Vân Đồn economic zone
The Vietnamese government has issued a resolution on the pilot establishment of a management unit of Vân Đồn economic zone, located in the northern coastal province Quảng Ninh.
— Viet Nam News

JAKS seen to refocus resources on Vietnam power plant project
Maintain neutral with a higher target price (TP) of RM1: JAKS Resources Bhd’s third quarter of financial year 2019 (3QFY19) net profit of RM24.9 million or -33.2% quarter-on-quarter (q-o-q) was largely within our and consensus’ expectations.
— The Edge Markets

Thảo Điền Invesment changes name to Masterise Group
Thảo Điền Investment has changed its name to the Masterise Group and established the Masterise Homes Real Estate Development Company to manage and develop all of its housing projects.
— Viet Nam News

Galaxy Fold officially launched in Việt Nam
Samsung Vina on Monday in Hà Nội officially launched the Galaxy Fold – a folding smartphone priced at VNĐ50 million (US$2,156).
— Viet Nam News

Saigon Water Bus failed to become a popular option for local citizens
The Saigon River bus is struggling to attract regular commuters because it docks far away from residential areas and operates very few trips.
— Vietnam Insider

Counterfeit, IPR violations still run rampant
Counterfeiting and violations of intellectual property rights (IPR) were still rampant, with the perpetrators operating outside and within the country employing advanced technologies and running sophisticated schemes, said Hoàng Ánh Dương, deputy head of the national market watch force at a conference yesterday in Hà Nội.
— Viet Nam News

German wine-growing enterprises eyes Vietnamese market
A workshop on agriculture, especially the wine products of the Germany’s largest wine-growing region, the State of Rheinland-Pfalz, has been held in Hà Nội.
— Viet Nam News

State strictly controls trading, transport of smuggled pigs
The General Department of Market Surveillance under the Ministry of Industry and Trade has requested its branches in some southern provinces strengthen inspection and control over the trading and transport of smuggled pigs.
— Viet Nam News

Vietnam International Aviation Expo opens in HCM City
The Vietnam International Aviation Expo 2019 (VIAE 2019), the first expo on aviation technologies and equipment in the country, kicked off in Ho Chi Minh City on November 26.
— VietnamPlus

Phúc Sinh launches country’s first freeze-dried pepper
Phúc Sinh Corporation, the country’s leading pepper and coffee production, trading and export company, has launched its freeze-dried K-Pepper.
— Viet Nam News

Billions of shares pending for HoSE listing
The Ho Chí Minh Stock Exchange (HoSE) is preparing to receive billions of shares after companies delayed listing plans due to poor trading conditions.
— Viet Nam News

Firms rush to buy back shares following global trend
Following a global trend of share buybacks, many Vietnamese businesses are now repurchasing their own stocks to stablise prices.
— Viet Nam News

 

Feature photo MSAVLC

This week’s Vietnam morning news feature photo focus on Day of Remembrance for all Victims of Chemical Warfare, November 30.

 

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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