Vietnam morning news for October 11

Vietnam morning news for October 11

Vietnam morning news

Vietnam levies anti-dumping measures on imported aluminum products
The Ministry of Industry and Trade has recently promulgated the Decision No.2942/QD-BCT on officially imposing anti-dumping duties on some extruded aluminum bar products from China.
— Sggp News

Plastics industry confident of achieving export target of $3.2b
With solid growth in shipments, the plastics industry will surely meet its full-year export target of US$3.2 billion, according to the Việt Nam Plastics Association.
— Viet Nam News

Moody’s puts Vietnam on notice after ‘delay in debt payment’
Moody’s has launched a review into what it calls “institutional deficiencies” in Vietnam after it became aware of delayed payments on a government debt obligation.
— Financial Times

Vietnamese Producer Loses Appeal of U.S. Frozen Fish Duties
Vinh Hoan Corp. lost its appeal seeking lower U.S. duties on its seafood from Vietnam, the Federal Circuit ruled Oct. 10.
— Bloomberg Tax

Vietnam: Number of scrap containers stuck at ports reduced by half
As many as 10,102 scrap containers were held up at Vietnamese ports as of mid-September, a fall of 10,852 containers as compared to the end of 2018, according to the General Department of Vietnam Customs.
— Hellenic Shipping News

Vietnam’s cashew nut exports to China surge in nine months
Vietnam exported 42,199 tonnes of cashew nuts worth 327 million USD to China in the first eight months of 2019, up 60.8 percent in volume and 35.4 percent in value year-on-year, according to the Ministry of Industry and Trade.
— VietnamPlus

Vietnam carrier tests budget 5G in 4 SE Asia countries
Viettel Group, Vietnam’s largest mobile carrier, will launch a trial service of 5G networks in Laos by year-end, expanding the list of Southeast countries where it seeks to commercialize the service to four.
— Nikkei Asian review (paywall)

Vietnam – a new bright spot in investment attraction in Southeast Asia
Vietnam has been emerging as a bright star in terms of foreign investment attraction in Southeast Asia, stated Sam Cheong Chwee, Executive Director at United Overseas Bank (UOB) and Head of UOB Group’s Foreign Direct Investment Advisory Unit, in an article published on Lianhe Zaobao, a Chinese-language daily in Singapore, on October 9.
— NDO

Digital economy in Vietnam welcoming impressive growth
Economic specialists have confirmed the great potential of technological businesses as well as the digital economy in six major Southeast Asian countries, including Vietnam.
— Sggp News

Vietnam Airlines raises pilots’ salaries to ward off poachers
Vietnam Airlines has hiked pilots’ salaries nine months ahead of schedule to prevent other carriers from poaching them.
— VnExpress

Vietnam possesses encouraging petroleum engineering promise
The petroleum engineering of Vietnam has achieved encouraging results over the years, helping gradually raise the prestige of the country on the global map of petroleum chemical manufacturers.
— The Phnom Penh Post

Vietnam listed among the world’s top 30 countries to work, make friends, raise family
“Life in Vietnam is affordable and expats’ disposable income is more than enough to cover daily costs. People here are also happy with their career opportunities”, Business Insider said.
— Vietnam Insider

Nearly 727,000 flights safely conducted in January-September period: VATM
The Vietnam Air Traffic Management (VATM) Corporation has safely conducted nearly 727,000 flights in the January-September period, accounting for 76.26% of its 2019 plan, and up 8.23% against the same period last year.
— NDO

Alcohol and beer consumption is booming in Vietnam
This has attracted increased attention from investors, both locally and internationally, who are looking to tap into the sector.
— Vietnam Insider

Ring road with largest traffic volume in Hanoi inaugurated
The ring road has important implications for the capital’s transport, and contributes positively to reducing traffic congestion in the city.
— The Hanoitimes

Choke point: Vietnam skilled labor squeezed by Sino-U.S. trade war
A new front has opened in the U.S.-China trade war as companies shifting manufacturing to Vietnam engage in a fierce battle for skilled labor, aggravating an existing shortage and prompting calls for education reforms to address the problem.
— Financial Post

Bulgarian businesses are about to import workforce from Vietnam
The economic cooperation between Bulgaria and Vietnam can develop in food industry, agriculture, machine building and finance, Vasil Todorov from the Bulgarian Chamber of Commerce and Industry said.
— Vietnam Insider

By letting people drive innovation, Oil and Gas can help lead Vietnam’s Industry 4.0 future
The Oil and Gas sector has been at the leading edge of change in every industrial revolution to date.
— The Hanoitimes

Trade remedies authority receives investigation dossiers of Chinese and Indonesian MSG dumping
Trade Remedies Authority of Việt Nam said it officially received investigation request dossier on applying anti-dumping measures on monosodium glutamate (MSG) products originated from China and Indonesia.
— Viet Nam News

Companies issue $7.7b worth of bonds in nine months
More than 150 enterprises have successfully issued bonds worth US$7.7 billion in the first nine months of this year.
— Viet Nam News

Vietcombank given greenlight to open branch in Australia
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) on Wednesday got approval from the State Bank of Việt Nam’s Governor to open a branch in Australia.
— Viet Nam News

VN stocks up but caution remains ahead trade talks
Market trading liquidity was modest, pointing out that investors were quite cautious at the moment.
— Viet Nam News

Vietnam’s plastic import up slightly in 9 months
Vietnam spent nearly 6.8 billion U.S. dollars importing roughly 4.7 million tons of plastic in the first nine months of this year, posting respective year-on-year rises of 2 percent and 16.3 percent.
— Xinhua

Beowulf Blockchain partners with top Taiwanese university
The Viet Nam-based innovative blockchain platform Beowulf recently announced its partnership with the National Taiwan Normal University (NTNU), a top-tier higher education institution in Taiwan.
— Viet Nam News

Hanoi strives to build more national-standard schools
Increasing the number of national-standard schools, reducing the difference in the proportion of standard schools among districts is Hanoi’s target in 2019.
— The Hanoitimes

Japan-Vietnam Defense Cooperation in the Headlines With Naval Consultations
A recent consultation highlighted some of the ongoing activity in the naval aspect of the bilateral defense relationship.
— The Diplomat

Vietnam’s Hanoi closes railway cafes popular with tourists
Vietnam’s 1902-built railway attracts crowds of tourists that want to snap selfies with passing trains or lounge at trackside cafes. But the government has given a deadline for all cafes to close down to secure public safety.
— TRT World

Firms ask Hà Nội to further cut procedures
Enterprises with key industrial products asked Hà Nội to further cut the administration procedures and set up an official legal consultancy when they met local Department of Industry and Trade yesterday.
— Viet Nam News

HCM City receives 3.8 billion USD in remittances
Remittance flows into Ho Chi Minh City in the first nine months of the year were estimated at around 3.8 billion USD, a year-on-year increase of 7 percent.
— VietnamPlus

Vietnam Report names prestigious brands in 2019
Vietnam Report has officially announced the 2019 Top 10 food and beverage companies.
— Viet Nam News

Printing, packaging industries exhibition attracts over 375 companies
The Vietnam International Printing and Packaging Industry Exhibition (VietnamPrintPack) to be held in HCM City from October 16 to 19 will showcase the latest products and technologies used in the sectors globally.
— Viet Nam News

Aus4Innovation scales up Vietnamese-Australian partnership: Diplomat
Aus4Innovation program helps strengthen the Vietnamese innovation system and prepares for Vietnam’s economic and digital future.
— The Hanoitimes

Banks warn customers over online scamming
Banks have recently been warning their customers about new online scams.
— Viet Nam News

Vietnam, Norway share experience in marine farming development
Vietnam and Norway shared information and experience in sustainably developing marine aquaculture at a seminar in Nha Trang city, the south-central province of Khanh Hoa, on October 9.
— NDO

Hậu Giang will apply IT for agricultural traceability
The southern province of Hậu Giang will apply information technology (IT) to its agricultural and aquatic products.
— Viet Nam News

Vietnam to raise nation brand value by 20 percent annually
Vietnam is aiming to raise its nation brand value by 20 percent annually on average according to the evaluation by the world’s prestigious rating agencies.
— VietnamPlus

Vietnam to hit 2019 growth target early
Vietnam is on track to reach its 6.6-6.8 percent growth target this year. However, the country needs to remain cautious about external risks.
— VietnamPlus

PV DRILLING V: outstanding achievement of oil and gas industry
Võ Văn Phúc used to wake up at night and check his phone all the time, worried there may be a message indicating a problem at work. When your job in on board oil drilling rig operating off the coast of southern Việt Nam, those problems can be catastrophic.
— Viet Nam News

Fides Investment to launch subsidiary in Vietnam
Seoul-based Fides Investment Management said on Oct. 10 it plans to launch a Vietnamese corporation after buying a controlling stake in Hanoi-based Thang Long Investment Management.
— The investor

Korean banks focus more on Việt Nam for impressive growth
South Korean banks are focusing more on Việt Nam as the market is emerging as a major source of earnings for the bank amid slowdown in the Chinese market.
— Viet Nam News

ILO to support Vietnam Social Security in human resources training
Deputy General Director of the Vietnam Social Security (VSS) Dao Viet Anh recently had a meeting with a delegation from the International Labour Organisation (ILO) led by Nuno Cunha, ILO Senior Specialist on Social Protection in Asia-Pacific region.
— VietnamPlus

HCM City, Icheon look for co-operation in medical tourism
Co-operation opportunities for medical tourism between companies from HCM City and South Korea’s Incheon City were introduced at a medical conference held in HCM City on Tuesday.
— Viet Nam News

Laos, Vietnam join hands to promote tourism
Officials from four southern provinces of Laos, central and southern provinces of Vietnam, and tourism-related businesses have gathered in Champassak province to discuss measures to draw more visitors to the two countries.
— VietnamPlus

Vietnamese, Japanese firms partner to support Mozambique’s development
The Government of Vietnam welcomes and will facilitate the cooperation between Vietnamese and Japanese businesses in Mozambique to help with local development, a diplomat has said.
— NDO

 

Feature photo Bưu điện Việt Nam – VNPost

This week’s Vietnam morning news feature photo focus on World Post Day, October 9.

 

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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