Vietnam morning news for October 30

Vietnam morning news for October 30

Vietnam morning news

Vietnam says trying to speed up identification of UK truck dead
Vietnam is trying to speed up the identification of its citizens who are suspected to have been among the people found dead in the back of a truck near London last week, Deputy Foreign Minister Nguyen Quoc Cuong told Reuters on Tuesday.
— Channel NewsAsia

Vietnam’s export rises 7.4 pct in 10 months
Vietnam reaped export turnovers of more than 217 billion U.S. dollars in the first 10 months of this year, a year-on-year increase of 7.4 percent, while seeing import turnovers of nearly 210 billion U.S. dollars, up 7.8 percent, the country’s General Statistics Office said on Tuesday.
— Xinhua

5G subscribers in Việt Nam to hit 6.3 million by 2025: Cisco
The number of 5G subscribers in Việt Nam could hit 6.3 million by 2025, according to a Cisco Việt Nam’s report on 5G in Southeast Asia.
— Viet Nam News

Vietnam’s Bamboo Airways to get first Airbus A320neo next month
Vietnam’s Bamboo Airways said on Tuesday it will take delivery next month of the country’s first Airbus A320neo aircraft, as it looks to expand with its own fleet.
— Reuters

Chinese port wants to invest in logistics, open a line to Vũng Áng port
Chinese Xiamen Port Group met with Hà Tĩnh province’s People’s Committee recently to explore opening a container line between Vũng Áng and Xiamen ports as well as invest in local logistics.
— Viet Nam News

PV Gas starts constructing Vietnam’s first LNG terminal, secures funding
State-controlled PetroVietnam Gas began construction of the Thi Vai LNG terminal, and also signed financing deals for the first phase of the project to import natural gas into Vietnam, it said on Monday.
— S&P Global

“Vietnamese dragon fruit has clear advantage in the Chinese market”
Dragon fruit is quite a popular fruit in the Chinese market. In addition to domestic supply, the Chinese market also imports a large volume of dragon fruit from Vietnam every year.
— Fresh Plaza

Vietnam sends Britain information of missing citizens
Vietnam has compiled information provided by 14 local families seeking for missing relatives in Britain and sent to British authorities for verification, Vietnamese Ministry of Foreign Affairs said on Tuesday.
— Xinhua

Vietnam emerges as a beneficiary of the US trade war with China
The prolonged trade war between the US and China has prompted a number of companies to move out of China to avoid the punitive tariffs and Vietnam has emerged as one of the biggest beneficiaries among Asean countries.
— Thai PBS World

Vietnam targets increased competitiveness by innovative start-ups
The innovative start-up ecosystem in Vietnam has grown strongly and achieved positive results, contributing a vital role in improving the efficiency and competitiveness of the economy.
— NDO

Families of Vietnamese missing in UK stuck with crippling migrant loans
They borrowed thousands of dollars to fund their children’s illegal trips to Europe, and now the Vietnamese parents of missing migrants feared dead in Britain have no idea how to pay off the crippling loans.
— CNA

VNPT inks partnership deal with Vietnam Airlines
Vietnamese operator VNPT has signed a partnership agreement with Vietnam Airlines.
— Telecompaper

Vietnamese farm goods: Export turnover to South Korea remains low
While South Korea imports lots of agricultural products every year, Vietnamese farm produce merely accounts for 6 percent as the prices of Vietnamese products are still fairly high while the quality is uneven.
— Fresh Plaza

Vietnam-based logistics startup Scommerce receives investment from Temasek, gearing up for nationwide expansion
Vietnamese logistics services provider Scommerce announced that it has raised an undisclosed amount of investment from Singapore state investment firm Temasek, DealStreetAsia reported.
— e27

Vietnam welcomes over 1.6 million foreign visitors in October
According to the General Statistics Office, October was the first month that the number of international visitors to Vietnam reached over 1.6 million, bringing the total number of international visitors to Vietnam in the first ten months of 2019 to 14.5 million people.
— NDO

Postcards from a poisoned coast: Vietnam’s people-smuggling heartland
The countryside in the Vietnamese provinces of Nghe An and Ha Tinh is dotted with billboards for labour export companies advertising jobs or study overseas.
— AsiaOne

Japan and South Korea battle it out in Vietnam retail market: Retail Asia
South Korean companies are engaged in a fierce battle with Japanese rivals in the Vietnam retail market, which has emerged as a “post-China.”
— Vietnam Insider

Scrap metal collector charged for possession of LTTE terrorist items
A scrap metal collector was charged in the Selayang Sessions Court, here today on two charges of possessing items related to the LTTE terrorist group.
— The Borneo Post

Certain bottlenecks in Vietnam may limit manufacturing prowess
Vietnam, a frontier market in Southeast Asia, is often named as one of the biggest winners in the U.S.-China trade dispute.
— Vietnam Insider

Strong Vietnam–US economic relations help boost bilateral comprehensive cooperation
The Vietnam – US comprehensive partnership has been growing in all spheres, particularly in trade and investment.
— The Hanoitimes

The truck’s driver Robinson charged with 39 counts of manslaughter
A court heard on Monday that a global ring had been involved in smuggling the 39 people whose bodies were found in a truck near London, as the driver faced charges of manslaughter and people-trafficking.
— Vietnam Insider

A green and alive mountain in Ha Giang was leveled for a religious tourism complex construction
A mountain that was once green and alive in the northernmost Vietnamese province of Ha Giang has been partially leveled for the construction of a religious tourism complex.
— Vietnam Insider

Seafood firms’ profits drag on weak exports
Lack of production materials and flagging export value have caused seafood companies to suffer losses in the third quarter of this year.
— Viet Nam News

Shi.E.L.D. sees transhipment growth in Vietnam on rising coal imports
Vietnam’s increasing coal import volumes and shallow draft at bulk ports are fueling demand growth for the transhipment sector, according to transshipment logistics firm Shi.E.L.D. Services.
— Seatrade Maritime

Northern Vietnam’s largest casino sneaks into 3Q profit but 2019 loss still expected
The largest casino in Vietnam’s Quảng Ninh Province near Hanoi, Royal Casino Ha Long, moved into profit in the three months to 30 September 2019, turning around some heavy losses through the first half of the year.
— ASGAM

China repatriates Red Notice fugitive to Vietnam
Chinese police on Tuesday sent a Red Notice fugitive back to Vietnam through the China-Vietnam border in southwest Guangxi Zhuang Autonomous Region.
— Xinhua

Việt Nam’s FDI inflow up in 10 months
Việt Nam attracted US$29.11 billion in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 per cent over the same period last year, the Ministry of Planning and Investment’s Foreign Investment Agency said on Monday.
— Viet Nam News

Dong Nai River water to reach top alert level
The water in Dong Nai River, the second largest river in the southern region that crosses some Central Highlands and southern localities, is forecast to reach 1.96m, nearly equivalent to Level 3 alert.
— VietnamPlus

Work on LNG storage facility begins in Bà Rịa-Vũng Tàu
Financed by PV Gas, a subsidiary of the national oil and gas group PetroVietnam, the facility will cost an estimated US$285 million in the first phase.
— Viet Nam News

RUSSIA RESUMES WHEAT EXPORT TO VIETNAM – TASS
Russia, the world’s largest wheat exporter, has resumed shipments to major buyer Vietnam after a temporary suspension on Vietnam’s request, Russian state news agency TASS reported, citing Deputy Prime Minister Maxim Akimov.
— Agriculture

HCM City set to host international retail tech, franchise expo
Following its success in previous years the Việt Nam International Retail Tech and Franchise Show will see its 11th edition organised in HCM City this week.
— Viet Nam News

Construction starts on one-million-tonne Thi Vai LNG warehouse
The state-owned oil and gas group PetroVietnam (PVN) and its member company, PetroVietnam Gas Corporation (PV Gas) started construction on a liquefied natural gas (LNG) warehouse at Thi Vai Terminal in the southern province of Ba Ria – Vung Tau on October 28.
— VietnamPlus

Streamlined admistrative system required to boost business environment: The World Bank
It is also the second year the Southeast Asian economy’s ranking has declined despite achieving a higher score. Việt Nam scored 69.8 in this year’s report, higher than the previous two years’ figures of 66.77 (2018) and 68.8 (2019).
— Viet Nam News

Japan helps Vietnam’s institute build capacity in environmental issues
The Japan Association of Environemtn Assessment (JEAS) has agreed to help the Institute of Strategy and Policy on Natural Resources and Environment (ISPONRE) of Vietnam build capacity in environmental issues.
— VietnamPlus

Asanzo Vietnam found to have committed different violations
General Director of Customs Nguyen Văn Cẩn said Asanzo Vietnam Electronics JSC had demonstrated numerous signs of violations during a press conference with relevant ministries and agencies on the case in Hà Nội on October 28.
— Viet Nam News

Ha Long casino operator mostly dependent on lodging income
The operator of The Royal Casino in Ha Long Town posted VND8 billion ($345,000) in Q3 post-tax profit, mostly from its lodging business.
— VnExpress

Regulatory reform a must to improve business conditions
Going to court is not an option for most firms when it come to resolving disputes.
— Viet Nam News

Major Vietnamese Seaport Faces Cargo Delays Due To Sunken Ship
A sunken vessel in one of Vietnam’s main waterways may impact ocean freight out of one of the United States’ fastest-growing trade partners.
— Benzinga

Agriculture exporters must change approach for better access to Chinese market
Measures must be taken by Vietnamese companies to adapt to changes in China’s import regulations for agricultural products, business leaders and Government officials have said.
— Viet Nam News

Vietnam’s rice prices hit multi-month peak
Vietnamese rice export prices rose to a four-and-a-half-month high this week on healthy demand from Africa and Cuba as supply remained scant, while a stronger rupee helped rates for Indian variety recover from a four-month low.
— Business Recorder

Twelve Vietnamese start-ups to compete in regional awards
Twelve Vietnamese start-ups will compete in the regional finals of the ASEAN Rice Bowl Start-up Awards (RBSA) in Malaysia in January 2020, according to the organisers.
— Viet Nam News

Technologies crucial to curbing emissions from coal combustion: workshop
While other regions are promoting the use of ‘green’ energy, Asia is still dependent on coal to meet energy demand.
— Viet Nam Net

VN-Index fails to hit 1,000 points as selling increases
The VN-Index failed to hit 1,000 points on Monday as selling increased in the afternoon, causing the index to dip slightly.
— Viet Nam News

 

Feature photo CITEK Technology

This week’s Vietnam morning news feature photo focus on World Cities Day, October 31.

 

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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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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