Vietnam morning news for October 23

Vietnam morning news for October 23

Vietnam morning news

Vietnam government to mobilize efforts for mega transportation projects in 2020
The government continues to support private investors participate in major transportation projects under the form of public-private partnership (PPP).
— The Hanoitimes

Vietnam targets to raise contribution of digital economy to 20% of GDP by 2025
Vietnam is aiming to raise the contribution of the digital economy to 20% of GDP by 2025 and 30% of GDP by 2030. Such targets are rather challenging given Vietnam’s low starting point, but they are not unattainable.
— Vietnam Insider

Obesity Among Vietnamese Rises Even as They Search for Healthful Food
There’s a familiar trend of fast food chains like KFC and Burger King entering developing countries, where citizens start to see obesity rates increase amid all the new junk food options.

Vietnam expects to achieve all major targets in 2019: PM
Vietnam expects to fulfil all socio-economic development targets in 2019, Prime Minister Nguyen Xuan Phuc told the National Assembly (NA) in Hanoi on October 21.

Vietnamese port infrastructure needs to keep pace with growth
The Vietnamese port industry needs further investment to keep pace with the country’s rapid economic growth and reduce logistic costs for businesses.
— Viet Nam News

The Vietnam-China Standoff at Vanguard Bank And The International Community
Three and a half months have passed since China’s geological survey vessel Haiyang Dizhi 8 and its escorts entered Vietnam’s exclusive economic zone (EEZ) without permission to commence a seismic survey.
— Radio Free Asia

Vietnam PM announces to enhance military capability in 2020
Military capacity enhancement will be designed one of the key tasks set for the government in 2020.
— The Hanoitimes

Airport development key to socio-economic development
Airports with modern infrastructure that can serve as international hubs had the potential to become major drivers for national socio-economic development, said experts at a recent conference held to discuss the sustainable development of Việt Nam’s airports in Hà Nội.
— Viet Nam News

Vietnam plans another increment in civil servants’ base salary
The government has proposed that monthly base wages for civil servants be increased by 7 percent to VND1.6 million ($69) in 2020.
— VnExpress

The Significance of the New EU-Vietnam Participation Framework Agreement
Last week, the European Union and Vietnam officially signed a new defense-related agreement facilitating Vietnam’s involvement in crisis operations.
— The Diplomat

Trade between Vietnam and US on the upswing
According to the US Department of Agriculture Foreign Agricultural Service, US agricultural exports to Vietnam have skyrocketed.
— Fresh Plaza

Vietnam to export first milk batch to China
A launching ceremony was held in Hanoi on Tuesday to announce the export of Vietnam’s first batch of milk products to China under a protocol signed earlier this year.
— Xinhua

Vietnam Industry White Paper 2019 released
The Vietnamese Ministry of Industry and Trade (MoIT)’s Industry Agency and the UN Industrial Development Organisation (UNIDO) on October 22 released the Vietnam Industry White Paper 2019.
— VietnamPlus

Investors should take a look at divestment in water sector
Recent reports of contaminated tap water have caused great public concern across Viet Nam, the latest issue for investors in a sector the State is divesting from.
— Viet Nam News

Vietnam improves position on global hunger index
Vietnam has made significant improvement in global hunger score to rank 62nd out of 117 economies in a global hunger ranking, ahead of several Southeast Asian peers.
— VnExpress

Online waste-trading market created by environmentally conscious youth
With an online waste market, people can call for scrap dealers to collect waste, give away junk to the needy, and make payments for waste online.
— Vietnam Insider

Hanoi office market in 3Q/2019: Total stock hits 2M sq.m
The supply came largely from Grade B which is located in both central business district (CBD) and non CBD.
— The Hanoitimes

Doctor Anywhere co-operates with ViettelPay to launch health counselling service
Representatives of Doctor Anywhere Việt Nam Joint Stock Company (Doctor Anywhere) and Viettel Digital Services Corporation, ViettelPay management unit, signed a strategic co-operation agreement on Monday.
— Vietnam Insider

The last two marine turtles have “disappeared” in northern and central Vietnam: IUCN reports
Two marine turtles have “disappeared” in northern and central Vietnam, the International Union for Conservation of Nature (IUCN) said.
— Vietnam Insider

Supporting Vietnamese enterprises to make overseas investment
In recent years, the government has introduced a number of policies to support Vietnamese enterprises in overseas investment in order to expand their businesses, enhance their competitiveness and increase their international integration.

Debut Uniqlo Vietnam store close to opening
Japanese apparel retailer Uniqlo will open its first store in Vietnam by the end of the year, its largest in Southeast Asia.
— Insider Retail

Fostering the Vietnam – Japan extensive strategic partnership
At the invitation of the Japanese Government, Prime Minister Nguyen Xuan Phuc arrived in Tokyo on the morning of October 22, beginning a trip to attend the coronation ceremony of Japanese Emperor Naruhito.

Asian Trails Vietnam gets in F1 race with Hanoi deals
With only a few months before downtown Hanoi is transformed into a Formula 1 street circuit, Asian Trails Vietnam has secured various deals with suppliers and accommodation providers before, during and after the first week of April next year, the DMC announced in a statement.
— TTG Asia

Indonesian firm to build railway linking Laos with Vietnam
The Indonesia Railway Development Consortium (IRDC) is planning to build a railroad at a cost of 28 trillion Rp (1.98 billion USD) connecting Laos with Vietnam.
— VietnamPlus

Vietnamese businesses participate in int’l agriculture expo in South Korea
Ten Vietnamese firms are showcasing their services and products at the ongoing International Agriculture Exhibition (IAE) 2019 in Jeollanam province, South Korea.
— Viet Nam News

US is helping improve Vietnam Coast Guard capabilities: Admiral
The support focuses on maintenance and maintenance augmentation together with key leader exchange.
— The Hanoitimes

PM approves plan to boost sustainable growth of private sector
Prime Minister Nguyen Xuân Phúc has approved a plan to boost the sustainable development of the private business sector towards 2025 with a vision to 2030 with six major solutions.
— Viet Nam News

ViettelPay co-operates with Singaporean healthcare app
Representatives of Doctor Anywhere Việt Nam Joint Stock Company (Doctor Anywhere) and Viettel Digital Services Corporation, ViettelPay management unit, signed a strategic co-operation agreement.
— Viet Nam News

Vietnam mechanical industry attracts Japanese businesses
Japanese businesses highly appreciated the potential of Vietnam’s supporting industry at Vietnam’s international exhibition on machine tools and metalworking solutions for production upgrade (Metalex 2019).
— Sggp News

Sustainable development key to joining global chain
Sustainable supplies of goods and production were key areas for Vietnamese businesses to focus on in order to join the global supply chain
— Viet Nam News

Coworking spaces become popular in downtown Saigon
Coworking spaces are expanding in Saigon’s central districts since the limited traditional office space there is unable to meet the growing demand.
— VnExpress

South African businesses seek export opportunities in VN
South African businesses aim to increase their export of goods to Việt Nam in the near future, speakers said on Monday at a conference in HCM City.
— Viet Nam News

State budget revenue in 2016-2020 period estimated to reach set goal
Total State budget revenue for the five years from 2016 to 2020 is estimated to achieve the set target ofVND6,800 trillion (US$292.4 billion), the Ministry of Finance said on October 21.

Japan’s NEC and Sumitomo to develop Việt Nam’s weather satellite
The Vietnam National Space Center and Japan’s NEC and Sumitomo Corp late last week signed a contract to develop the LOTUSat-1 satellite that will help predict severe weather and survey the resulting damage.
— Viet Nam Net

Woodworking firms up investment in technology, machinery
Nguyen Phương, sales director of Minh Thành Co., Ltd, said his company plans to invest more than VNĐ50 billion (US$2.15 million) in a production chain for bedroom and living room furniture.
— Viet Nam News

Longi bags 200-MWp PERC module deal in Vietnam
October 22 (Renewables Now) – The project development arm of Hexagon Holdings Singapore has ordered 200 MWp of Longi Solar mono Passivated Emitter Rear Contact (PERC) modules for a portfolio of shovel-ready projects in Vietnam.
— Renewables Now

Hà Nội heads to the UK looking for investors
During the forthcoming event, the city will also seek the investment capitals from UK businesses into its hi-biotechnology park in Bắc Từ Liêm District.
— Viet Nam News

Vietnam ranks low on World Giving Index
Vietnamese people have supposedly been less generous than neighboring peers, languishing in the bottom half of a global charity ranking by a U.K.-based international NGO.
— VnExpress

Veteran helps the environment with military precision
A veteran assumes a new role with the same military precision as when he was in the navy, launching a campaign to classify garbage before it was recycled.
— Viet Nam Net

Postive changes made to resolve bad debt
The banking sector had made considerable headway into settling bad debt, restructuring credit institutions and developing the banking system two years since the National Assembly issued a resolution on the industry.
— Viet Nam News

Vietnam joins global efforts to protect sea turtles
The Vietnamese Government has engaged in various international commitments to enhance management and preserve vulnerable and endangered marine turtles, said Director General of the Directorate of Fisheries Tran Dinh Luan on October 21.

Strong growth, but rising bottleneck risks forecast for Việt Nam
Fitch Solutions has revised up its real GDP growth forecast for Việt Nam to 6.9 per cent in 2019, from 6.5 per cent previously, in light of the strong growth print in the third quarter of 2019.
— Viet Nam News

Regulatory void makes it difficult for start-ups to access capital
In the absence of suitable legal framework, Vietnamese start-ups are struggling to secure much-needed capital as investment funds have difficulties navigating the country’s numerous regulatory barriers, said fund managers and policy researchers.
— Viet Nam News

Vietnam, Japanese localities sign cooperation agreement
Representatives of the south central province of Binh Dinh and the Japanese city of Izumisano signed an agreement to set up friendly and cooperative ties in Quy Nhon city on October 21.
— VietnamPlus

Top CEOs to discuss the future of HR
The 2019 Vietnam HR Awards Forum to be held in HCM City next month will bring together CEOs to discuss strategic human capital insights for the future, shedding light on the collaboration between business strategy and people management.
— Viet Nam News

VN stocks slip on disappointing earnings, global news
Early earnings data from some large-cap firms were quite disappointing.
— Viet Nam News


Feature photo NCIF

This week’s Vietnam morning news feature photo focus on World Development Information Day, October 24.


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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