Vietnam morning news for November 29

Vietnam morning news for November 29

Vietnam morning news

Hanoi proposes ODA funding of $1.32 bln for metro section
Hanoi wants to borrow VND30.57 trillion ($1.32 billion) in official development assistance (ODA) to construct a downtown metro section.
— VnExpress

Vietnam to Increase Minimum Wage from January 2020
Vietnam will increase the minimum wage by an average of 5.7 percent in 2020. The government issued Decree no 90/2019/ND/CP which will take effect on January 1, 2020.
— Vietnam-Briefing

Vietnam jails third activist this month in crackdown on Facebook posts
Vietnam has jailed a third activist this month for anti-government posts on social media platform Facebook, state media said on Thursday, handing him a nine-year term for defaming the ruling Communist Party and the government.
— Gulf Today

Việt Nam should eliminate unfair incentives to grow the private sector
Nguyen Đức Thành, director of the Institute for Economic and Policy Research (VEPR) talks to Việt Nam News about the role of the private sector in the local economy and how it can develop.
— Viet Nam News

Bidding for electricity projects promotes transparency: experts
From 2018 to the end of June 2019, solar power capacity has increased more than 51 times from 86MW to more than 4,400 MW.
— Viet Nam News

Vietnam’s population to reach 104 mln by 2030
Vietnam aims to have 104 million people by 2030, with an average life expectancy of 75 years, and minimum healthy life of 68 years, according to the population strategy recently approved by its government.
— Xinhua

Vietnam to boost pork imports as New Year delicacies at risk
Vietnamese people may be at risk of missing out on their favorite local dishes this Lunar New Year, such as aspic pork jelly and pork braised in coconut water with eggs, after a deadly hog virus slashed herds and caused nationwide shortages.
— Business Mirror

Food safety and sustainability play key role in food and beverage sector: experts
Actions for sustainability and better food safety management were highlighted at the Viet Nam food and beverage forum 2019 in Hà Nội on Monday.
— Viet Nam News

Vingroup remains the sole private company among the list of 10 largest in Vietnam in 2019
It is sixth in the annual rankings of Vietnam’s 500 largest companies done by market research firm Vietnam Report (VNR) and online newspaper VietNamNet. The VNR500 listing is based on the Fortune 500 model, which lists the top U.S. companies in terms of revenues in the previous year.
— Vietnam Insider

GS Energy to build LNG plant in Vietnam
GS Energy, a unit of energy and retail conglomerate GS Group, said Nov. 28 it has partnered with a Vietnamese asset management firm to build a power plant fired by liquefied natural gas there to tap into the local electricity market.
— The Investor

Garbage collection fees to increase in HCM City
Garbage collection fees could significantly rise in HCM City from next year, with each household paying an average of VNĐ48,000 per month more, according to a decision of the HCM City People’s Committee.
— Viet Nam News

Suncity Group on track for 1Q20 launch of Vietnam IR Hoiana
Hong Kong-listed Suncity Group Holdings Limited has confirmed it is on track to open its Vietnam integrated resort, Hoiana, within the first quarter of 2020.
— Asgam

Vietnam’s agricultural sector at a crossroads
In 2018, Vietnam’s agriculture sector witnessed its highest growth rate in recent years — 3.76 per cent. Export revenue from the sector was US$40 billion, with a trade surplus of US$8.72 billion.
— East Asia forum

Cristiano Ronaldo-advertised condotel project in Vietnam faces financial collapse
Developer of Vietnam’s central coastal city of Danang-based Cocobay complex, home to Cocobay Towers where football legend Cristiano Ronaldo said he had bought a condotel, a lodging that is a hybrid of a condominium and hotel, has announced that they are facing financial difficulties.
— Vietnam Insider

Eight Vietnamese institutions named among Asia’s top 550 universities
Eight Vietnamese higher education institutions have been named among Asia’s top 550 universities by Quacquarelli Symonds (QS), a British education company.
— Vietnam Insider

Hanoi will set off firecrackers at 30 venues at Tet Holiday
Hanoi will set off firecrackers at 30 venues in all local districts at the coming New Lunar Year or Tet Holiday.
— Vietnam Insider

Hanoi’s industrial production up 8.2% in Jan-Nov
For the eleven-month period, the mining industry growth declined by 21.9% year-on-year while manufacturing and processing was up 8.3%.
— The Hanoitimes

Vietnam: Stop Intimidation and Harrassment of Independent Publishing House
Vietnamese authorities must immediately end the escalating crackdown on an independent publishing house, Amnesty International and Human Rights Watch said today.
— Human Rights Watch

A journey to Vietnam and a connection between two adopted children
The message appeared on my cellphone with an intriguing opening line: “I am sure you won’t remember hearing my real name, Nguyen thi Phuong Mai…”
— New York Times

Vietnam could produce its own rabies vaccine using new UK technique
Vietnam could again produce a rabies vaccine after years of imports with a company recently acquiring a new production method from a British university.
— VnExpress

Vietnam, Bangladesh Markets Favored, Tellimer’s Malik Says
Hasnain Malik, Dubai-based head of equity strategy at Tellimer, talks about Middle East and Asian stocks. He speaks with Yousef Gamal El-Din and Tracy Alloway on “Bloomberg Daybreak: Middle East.”
— Bloomberg

Shares gain but selling pressure still high
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.14 per cent to close Wednesday at 978.17 points.
— Viet Nam News

11 sentenced to death in Vietnam for drug trafficking
A Lang Son court sentenced 11 people to death Wednesday for trafficking 561 kg of heroin from Vietnam into China.
— VnEpress

Vietnam finishes third in regional army rifle tournament
Vietnamese troops took third place at the 29th ASEAN Armies Rifle Meet (AARM 29) that wrapped up in Bandung City in Indonesia Wednesday.
— VnEpress

Việt Nam’s top 100 sustainable businesses named
The Vietnam Business Council for Sustainable Development in collaboration with the Việt Nam Chamber of Commerce and Industry (VCCI) announced the top 100 sustainable businesses in Việt Nam in 2019 at a ceremony on Tuesday in Hà Nội.
— Viet Nam News

Sun Life Vietnam and TPBank signs exclusive bancassurance deal
Sun Life Vietnam and TPBank announced a 15-year exclusive bancassurance partnership in Vietnam.
— VnEpress

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

Today’s top tech news: Grab launches online on-demand motorbike ride in Malaysia, WeWork expands to Vietnam with two new locations
Grab just launched online motorbike ride in Malaysia [Katadata] Despite being established in 2012, decacorn Grab just announced that it finally kicked off the online motorbike ride operation, or known as ojek.
— e27

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

Friendship association helps strengthen Vietnam – RoK ties: PM
The Korea – Vietnam Friendship Association (KOVIFA) has made significant contributions to the fruitful relations between the two countries in the past years, Prime Minister Nguyen Xuan Phuc said on November 27.

Hoa Sen presents lucky prizes to agents, distributors
About 28 lucky draw gifts worth VND3.6 billion (US$155,000) have been presented to agents and distributors of the steel manufactuer Hoa Sen Group (HSG).
— Viet Nam News

Cuba and Vietnam join forces for rice production
The last phase of the Cuba-Vietnam collaboration project seeks to improve rice production rates in this province, affected by the lack of supplies for grain cultivation.
— Plenglish

Southeast Asian furniture industry seeks to achieve prosperity together
Furniture companies and industries in Southeast Asia should pool their strengths and enhance co-operation to achieve prosperity and sustainability, a forum heard in HCM City on Wednesday.
— Viet Nam News

Vietnam congratulates Laos on 44th National Day
Chargé d’ affaires of the Vietnamese Embassy in Laos Nguyen Thanh Tung led a delegation to visit the Lao Foreign Ministry and the External Relations Commission of the Lao People’s Revolutionary Party (LPRP) Central Committee to extend congratulations on the country’s 44th National Day (December 2,1975-2019).

Better legal framework needed for small, medium-sized enterprises
A consistent legal framework related to tax deductions, land allocations and credit programmes is needed to support small- and medium-sized enterprises (SMEs), experts have urged.
— Viet Nam News

Malaysia runs the risk of falling behind neighbours in the region if the country doesn’t pick up the pace of digitization, warned outgoing Pikom chairman, Ganesh Kumar Bangah (pic), in his final media briefing as chairman on Tuesday in Selangor, Malaysia.
— Digital NewsAsia

Vĩnh Phúc urged to produce skilled workers
Vĩnh Phúc Province must improve the quality of its educational and training system to attract more foreign investment, heard a conference on Wednesday.
— Viet Nam News

FinTech Start-Up BetterTradeOff Unveils Life-Planning Platform ‘Up’ To Help Singaporeans Take Control of the Future Through Better Financial Decisions
FinTech start-up BetterTradeOff (BTO) announced today the launch of a revolutionary online solution that allows people to take control of their future and unleash new possibilities through better financial decisions.
— Viet Nam News

Korean firm to develop $900-million smart IP in An Giang
Leaders of the Mekong Delta province of An Giang on Tuesday had a working session with representatives from the industrial park (IP) investment promotion association of the Republic of Korea (RoK) on developing smart IPs in the locality.
— 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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