Vietnam plans to nationalise civilian airports operator
Vietnam is considering nationalising Airports Corporation of Vietnam, a move that economists say may hurt investor sentiment and hamper the Southeast Asian country’s privatisation drive.
— Reuters
Vietnam’s steel exports bring in US$1.93 billion in first seven months
Steel exports generated US$1.93 billion in the first seven months of 2019, with the US remaining the largest importer of Vietnamese steel products.
— NDO
Vietnamese province invites businesses for developing production chains
The south Vietnamese province of Dong Nai is calling on domestic and foreign firms to participate in developing 52 production chains in agriculture till 2020, focusing on national and provincial-level products and local specialties that meet market demand and adapt with climate change.
— Fresh Plaza
PetroVietnam enjoys good business results despite falling oil prices
The Vietnam Oil and Gas Group (PetroVietnam) earned 489.5 trillion VND (over 21 billion USD) in revenue in the first eight months of the year, exceeding the target by 19 percent although the average price of crude oil fell to 58.62 USD per barrel in August compared to the predicted price of 65 USD per barrel.
— VietnamPlus
Vietnam’s Viettel shuns Huawei 5G tech over cybersecurity
Viettel Group, Vietnam’s largest mobile carrier, has decided not to use Huawei Technologies equipment for its 5G wireless network, citing security concerns with the Chinese company.
— Nikkei Asia Review (paywall)
Vietnam, Russia Seek to Boost Annual Bilateral Trade Turnover to US$10 Billion by 2020
Vietnamese Foreign Minister, Anh Dung, has stated that he wishes to see Vietnam-Russia bilateral trade hit the US$10 billion mark next year, among growing positive results after Vietnam agreed a free trade agreement (FTA) with the Russian-led Eurasian Economic Union (EEU) in 2016.
— Vietnam Briefing
Phoenix Petroleum notes expansion of LPG business in Vietnam
Phoenix Petroleum said it has noted an expanding business trend in its liquefied petroleum gas in Vietnam since early this year, noting that this followed its getting majority control of an established LPG company in the country.
— Business Mirror
Thailand, Vietnam draw in opening 2022 World Cup qualifier
Thailand and Vietnam started their World Cup qualifier on Thursday with a goalless draw before the War Elephants travel to Indonesia for their next match.
–Bangkok Post
Vietnam says no to plastic waste in new-academic-year celebration
More than 24 million students across Vietnam began the 2019-2020 academic year on Thursday following brief and solemn ceremonies without balloons, local media reported.
— Xinhua
Biggest Vietnamese trade fair in Myanmar to run in December
The biggest annual Vietnamese goods fair in Myanmar will take place in Yangon from December 19 to 22.
— VietnamPlus
Vietnam’s Vingroup buys another rival chain
Vietnamese business empire Vingroup has acquired local supermarket business Queenland Mart via its retail unit Vincommerce.
— Insider Retail
New, high-tech products displayed in Hanoi
The fifth Vietnam International Conference and Exhibition on Control and Automation (VCCA 2019) opened in Hanoi on September 4.
— VietnamPlus
Simple cyber attacks raging in Vietnam
Certain attacks on the Internet such as spam, phishing, scam comments on social networks, look quite simple; yet they are wrecking a havoc for both the community and businesses in Vietnam.
— Sggp News
Former Da Nang leaders caused city $1.5 billion losses in land deals
Land-related violations by two former Da Nang chairmen caused the city losses of VND36 trillion (over $1.5 billion), police allege.
— VnExpress
Huge Growth Opportunities in the Vietnam International and MICE Tourism Market and Forecast
Latest Report Available at Analytical Research Cognizance, “Vietnam International and MICE Tourism Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
— Arapid News Network
Farmers should not take risks to rebuild pig herd
The prices of pork have gradually been increasing as pork supply strongly declined due to African swine fever epidemic. At this time in Dong Nai Province, the capital of pig-farming industry in Vietnam, pork supply is still ensured.
— Sggp News
Vietnamese proptech startup Rever raises another USD 2.3 million to expand in key cities
Vietnamese proptech startup Rever, which leverages technology to help real estate agents provide more tailored and transparent services to customers, has raised another USD 2.3 million to expand in Vietnamese key cities.
— Kr-Asia
EVN to buy solar power at 9.35 cents per kWh
Because the Government wants to encourage people with rooftop panels to install batteries, the Ministry of Industry and Trade and State-owned power giant Vietnam Electricity (EVN) proposed buying solar power at 9.35 cents per kWh.
— Sggp News
HoSE develops new indices for foreign-ownership-limited and financial firms
The H? Chí Minh Stock Exchange (HoSE) plans to introduce a new index that contains foreign-ownership-capped shares.
— Viet Nam News
Why China is picking a fight with Vietnam
If simmering tensions erupt into full-blown conflict in the South China Sea, increasingly it seems the first shots to be fired would be between China and Vietnam.
— Asia Times
Nhơn Hội Economic Zone announces expansion plans
Nhơn Hội Economic Zone in the central province of Bình Định is growing. The area will expand by more than 2,300ha, the provincial People’s Committee have announced.
— Viet Nam News
Total UPCoM firms reach 850 in August
The total number of companies trading on the Unlisted Public Company Market (UPCoM) reached 850 as of August 30, the Hà Nội Stock Exchange (HNX) has announced.
— Viet Nam News
Vietnam to benefit from global trends towards trade surplus
A major trade surplus in the first eight months of the year and positive impacts from trade pacts are forecasted to enable Vietnam to continue enjoying a trade achievement this year.
— NDO
Vietnam’s upcoming PPP Law to include risks sharing mechanism
The move is aimed to promote private investors taking part in government projects, which are in need of resources for efficient implementation.
— The Hanoitimes
Efforts to digitise financial transactions in the education and health sectors
The Government Office has released a document in which Dam ordered the Ministry of Education and Training, the Ministry of Health and the Ministry of Labour-Invalids and Social Affairs along with the municipal People’s Committees of 52 provinces and cities to step up efforts to digitise financial transactions in the education and health sectors.
— Vietnam Insider
Vietnamese designer to present latest collection in Hong Kong
Designer Vu Ta Linh will present his latest collection at Centrestage – Asia’s Fashion Spotlight which is being held from September 4-9 in Hong Kong (China).
— VietnamPlus
Vietnam PM raises voice over sovereignty protection amid Chinese aggression
This is the first time Vietnamese prime minister voiced over the sovereignty protection regarding Chinese tough move in the sea in the South China Sea.
— The Hanoitimes
Balancing business and social needs in Vietnam
Vietnam’s robust economic growth has transformed the country from one of the world’s poorest nations into a lower-middle-income country. Yet, Vietnam still faces social challenges such as poverty, unequal access to public health and education, and the need for environmental sustainability.
— The Asean Post
Opportunities to be volunteer for Vietnam’s first-ever F1 Grand Prix in Hanoi
Vietnam will host its first-ever F1 Grand Prix in Hanoi in April, 2020. Preparations have been in full swing since March 2019 for a thrilling street race, west of Vietnam’s capital, around a 5.565km track located near My Dinh National Stadium.
— Vietnam Insider
FPT’s AI learning assistant makes debut
FPT Software of Vietnam (FPT) has launched its VioEdu online educational system at http://vio.edu.vn as part of efforts to apply new and modern technologies into education.
— VietnamPlus
Vietnam calls for WFTU’s further companionship in trade union
President of the Vietnam General Confederation of Labour (VGCL) Nguyen Dinh Khang on September 4 called on the World Federation of Trade Union (WFTU) to continue its companionship along with its development.
— NDO
Whimsical new luxury hotel puts spotlight on Vietnam’s mountainous north
Once a sleepy town famous for its rice terraces and ethnic tribal cultures, Sapa — a five-hour drive from Hanoi — has grown in recent years to become one of the hottest tourist destinations in Vietnam.
— CNN
Rapid growth foreseen for security equipment market
The development of residential urban areas, malls, industrial smart factories, hotels, and banks has increased the demand for security equipment and technology, according to experts.
— Viet Nam News
Big Data vital for AI development: MOST
Artificial intelligence (AI) is one of key technologies of the Fourth Industrial Revolution and impacts all aspects of society. Bùi Th? Duy, deputy minister of Science and Technology, spoke to various media outlets about the role of AI in Vi?t Nam.
— Viet Nam News
Viet Nam needs balance between modern and traditional distribution
Vietnamese and Korean researchers have published a report on co-operation policy and ways to boost the competitiveness and growth of the Vietnamese sector.
— Viet Nam News
Insurance firms and agents face higher qualifications bars
Insurance companies and their agents face stricter scrutiny as a number of Government decisions designed to regulate agents’ qualifications are set to take effect in November.
— Viet Nam News
BW Industrial provides warehouses for e-commerce activities of Shopee and BEST
BW Industrial Development becomes a warehouse provider for Shopee and BEST Inc, with a total area of ??up to 5 hectares in HCM City, to promote the two companies’ development in e-commerce activities, local media reported.
— Viet Nam News
FLC Faros chairman to slash stake by 12.3%
FLC Faros Construction Corporation (FLC Faros)’s chairman wants to offload his 12.34 per cent stake in the company.
— Viet Nam News
VN stocks fall, trading remains quiet amid risk concerns
Vietnamese shares were mixed on Thursday morning while market trading liquidity was modest as investors were unwilling to open checks for buying in assets.
— Viet Nam News
Mercury levels after Rong Ðông fire deemed safe
The level of mercury found in various samples collected in the vicinity of a destroyed light bulb factory in a densely-populated area of Hà N0i has been deemed safe to human health, Vi?t Nam Environment Administration under the environment ministry said late on Wednesday.
— Viet Nam Net
Viet Nam attends Russia’s Eastern Economic Forum
A Vietnamese delegation led by Deputy Prime Minister Tr?nh Ðình Dung attended the 5th Eastern Economic Forum (EEF) which opened in Russia’s Vladivostok on Wednesday.
— Viet Nam News
Digital economy for an inclusive ASEAN Community
Digital for development is more critical than digital development. It is high time for ASEAN countries to cooperate to address the digital gap within a country and between countries to ensure an inclusive Digital ASEAN by 2040
— Viet Nam News
Feature photo WorldKings
This week’s Vietnam morning news feature photo focus on Vietnam National Day, September 2.
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 for September 6 added by Sreypov Men on
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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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