Vietnam morning news for October 2

Vietnam morning news for October 2

Vietnam morning news

Vietnam has 26 products with export turnover exceeding US$1 billion
Vietnam saw 26 items with export turnover exceeding US$1 billion accounting for 89.8 percent of the total export turnover in the first nine months of this year, reported the Ministry of Industry and Trade on September 30.
— Sggp news

Card payments in Vietnam to reach 522.5 mln by 2023
Card payments in Vietnam are set to grow at a CAGR of 17.8% from 271 million in 2019 to 522.5 million in 2023, according to a GlobalData report.
— The Paypers

Vietnam’s manufacturing signals marginal improvement in business conditions
While the Vietnamese manufacturing sector has been one of the best performers globally in recent months, the slowdown in global trade flows amid trade tensions between the US and China is starting to impact firms.
— The Hanoitimes

Vietnam targets digital economy to account for 20% of GDP by 2025
Vietnam expects to be among 40 countries with the best Global Innovation Index (GII) ranking and increase share of digital economy to 30% of GDP by 2030.
— The Hanoitimes

Online consumer goods spending grows fastest of all shopping channels
Fast-moving consumer goods (FMCG) spending is recording fastest growth in Vietnamese cities while that of street shops decline amidst e-commerce boom.
— VnExpress

SOEs need solutions to improve production, business efficiency
As State-owned enterprises (SOEs) have many functions in the local economy, they struggle to fulfil their main task of doing business, so they need solutions to improve business efficiency, according to experts.
— VietnamPlus

Vietnam Enacts Rules Against Graft Ahead of Party Meeting
Vietnam has passed a new regulation that details prohibitions against corrupt behavior by state officials, down to the last fruit basket.
— VOA News

Hanoi firm offers liquor, sweets for abandoned aircraft in barter deal
Hanoi-based TiffSon has offered VND3 billion ($129,000) worth of beer, wine and confectionery for a Boeing-727 aircraft abandoned for 12 years at Noi Bai airport.
— VnExpress

Asean opens a big gate for Vietnam
Vietnam is fully plugged into Asean as Southeast Asia’s regional family, Tran Viet Thai of the Diplomatic Academy of Vietnam says in the conversation below.
— Bangkok Post

Vietnam projected to be upgraded to Secondary Emerging by 2020: Brokerage
Addressing the two remaining prerequisites for reclassification only requires a new decree or circular issued by Ministry of Finance, instead of going through many processes subject to approval from the National Assembly.
— The Hanoitimes

AirVisual among most downloaded apps as Vietnam air pollution worsens
Environment monitor AirVisual has attracted huge attention from Vietnamese netizens, becoming one of the most downloaded apps last week.
— VnExpress

Vietnam plans Industry 4.0 summit
The summit will evaluate the implementation of the fourth industrial revolution in Vietnam and disseminate related guidelines and policies.
— OpenGovAsia

Made-in-Vietnam text-to-speech app reads to the blind
When she was a student, Nguyen Thi Thu Trang was part of a volunteer group that made audiobooks for visually impaired people.
— Asia One

Vietnam Airlines adjusted schedules of flights to and from Shanghai Pudong
Accordingly, the airline will cancel all flights connecting Hanoi and Ho Chi Minh City with Shanghai, namely VN522, VN523, VN530 and VN531 on October 1, and re-operate them on October 2 instead.
— Vietnam Insider

Credit growth expands 8.4 per cent
Credit growth has expanded by 8.4 per cent against the end of 2018 so far this year, the General Statistics Office reported.
— Viet Nam News

VN’s foreign investment rebounds
The inflow of foreign investment capital (FDI) into Việt Nam experienced a slight increase of 3.1 per cent to US$26.16 billion in the first nine months of this year after a fall of 7 per cent seen in the first eight months, according to the General Statistics Office.
— Viet Nam News

Vietnam launches its own online mapping service
A digital mapping service developed by Vietnamese engineers, known as Vmap, has been launched, promising great details in both cities and remote regions.
— NDO

Vietnam’s Biggest Fund Manager Sees Value in Mid-Cap Stocks
Vietnam’s biggest fund manager says a growing divergence between the valuations of larger-cap stocks and mid- and small-cap stocks has made the latter group more attractive.
— Bloomberg

Joining hands to nurture Vietnam – Laos special solidarity
A high-ranking delegation of the Lao Government, led by Prime Minister Thongloun Sisoulith and his spouse, arrived in Hanoi on October 1 for their official visit to Vietnam, at the invitation of Vietnamese PM Nguyen Xuan Phuc.
— NDO

Bringing financial literacy to investors
Financial literacy remains low in Việt Nam and so improving financial education and literacy is imperative to help the public make wise investment decisions and manage potential risks, an event heard in HCM City yesterday.
— Viet Nam News

Vietnam, Philippines looking to secure more imported pork
African swine fever was only recently confirmed in the Philippines, but already has local processors concerned about supplies.
— National Hog Farmer

Vietnam attends International Cyber Week in Singapore
The 4th edition of Singapore International Cyber Week (SICW) 2019 opened on October 1, bringing together a number of prominent global policy makers, thought leaders and industry experts.
— NDO

Hanoi metro must start running this year, says Deputy PM
The contractor for Hanoi’s first metro route should ensure that it begins commercial operations this year, Deputy PM Trinh Dinh Dung says.
— VnExpress

Private investment expansion is good, but not enough to sustain economic growth
Expansion of private sector investment should go hand in hand with public investment spending to sustain high economic growth in the next decade.
— Viet Nam News

5 commodities with export value of over 10 bln USD
Vietnam posted a total export value of 194.3 billion USD in the first nine months of this year. Of the export staples, five commodities registered an export value of over 10 billion USD.
— VietnamPlus

Why Vietnam is key to Sembcorp’s growth
Vietnam and China contributed 90% of the $86m urban development net profit in FY18.
— SBR

Sailors hunt for the unknown in Hong Kong-Vietnam ‘mini-Trans Pacific’ offshore race as masochists float on fibreglass
Andrew Taylor admits offshore sailing is so tough it can be hard to come up with a reason to take part, but the pain, teamwork and freedom all add up to a phenomenal experience.
— South China Morning post

Vietnam POW to read, answer questions at book signing
Bob Chenoweth will read from his contribution to the book “Waging Peace in Vietnam: U.S. Soldiers and Veterans Who Opposed the War,” answer questions and sign copies of the book starting at 7 p.m. Thursday at BookPeople of Moscow, 521 S. Main St.
— Dnews

Special coin marks 50th anniversary of Uncle Ho’s testament
The Ho Chi Minh Museum and the Stamp Company have recently issued 50 gold coins of 20 VND in domination, used by President Ho Chi Minh as gift for ministers, senior officials and diplomatic guests.
— VietnamPlus

Vietnam tanker owner buys two MISC ships
Vietnamese company spend FGAS Petrol’s fleet upgrade shows no sign of slowing down.
— Splash 247

Yinson gets Vietnam extension
Malaysia’s Yinson Holdings has received an extension for its Lam Son floating production, storage and offloading vessel operating off Vietnam. Yinson confirmed the one-month extension on Monday which will see the floater remain under contract until
— Upstream Online

Geographical indications should be effectively exploited
Although Việt Nam has many products with geographical indication (GI) certification, the country has failed to exploit the benefits, according to experts.
— Viet Nam News

Financial stocks drive VN-Index up
The benchmark VN-Index on the Ho Chí Minh Stock Exchange inched up 0.23 per cent to close at 998.85 points.
— Viet Nam News

Vietnam nominated for six p at 2019 World Travel Awards
Vietnam has been nominated for six prestigious prizes at the 2019 World Travel Awards, according to the Vietnam National Administration of Tourism under the Ministry of Culture, Sports and Tourism.
— VietnamPlus

Lạng Sơn Province must take advantage of Chinese border: PM
PM Phúc praised the province for its growth of 8.6 per cent in GRDP.
— Viet Nam News

Workshop discusses impacts of climate change on economic development
Experts discussed the impacts of climate change on economic development in Việt Nam using the Computable General Equilibrium model at an international workshop at the Foreign Trade University on Monday.
— Viet Nam News

Vietnam, Bulgaria seek stronger partnership
Deputy Prime Minister Truong Hoa Binh held talks with his Bulgarian counterpart Tomislav Donchev on September 30 as part of his ongoing visit to Bulgaria.
— NDO

Annual sustainable development reports are a necessity
About 440 listed companies were evaluated for last year’s sustainable business awards. However, only 23 firms made it to the final assessment and those firms were the largest companies by market value.
— Viet Nam News

 

Feature photo People’s Police Academy

This week’s Vietnam morning news feature photo focus on World Teachers’ Day, October 5. 

 

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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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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