Vietnam Morning News For June 29

Vietnam Morning News For June 29
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Visa invitation and guarantee procedures go online
The Ministry of Public Security’s Immigration Management Department will officially launch online invitation and guarantee procedures for Việt Nam-based agencies, organisations and enterprises applying for Vietnamese visa for foreigners on July 1.
Viet Nam News

C&W: Vietnam Asia-Pacific’s next emerging market
Vietnam continues to slowly but steadily develop and will be Asia-Pacific’s next emerging market over the next five to ten years, according to the latest report from Cushman & Wakefield entitled “Betting on Asia Pacific’s Next Core Cities”.
Vietnam EconomicTimes

Viet Nam’s imports and exports both rise in H1
The total import-export turnover of Viet Nam has reached nearly US$200 billion in the first half of this year, while the country’s trade deficit was $2.7 billion.
Viet Nam News Bizhub

First debate on 2018 regional minimum wage kicks off
The National Salary Council on Tuesday kicked off the first debate on regional minimum wage for 2018.
Viet Nam News

Almost 77,000 new enterprises operative in 1H
There were 61,276 newly-established enterprises in Vietnam in the first half of this year with total capital of VND596.196 trillion ($26.22 billion), according to the Ministry of Planning and Investment (MPI).
Vietnam EconomicTimes

Vietnam, WB partner in urban, infrastructure development for 2017-2021
Vietnam and the World Bank (WB) signed a memorandum of understanding (MoU) in Hanoi on June 28 to establish their sustainable urban and infrastructure development partnership for 2017 – 2021.

Special customs checks impede business growth
Special inspection procedures on imported and exported goods do pose a major barrier for businesses as they account for up to 72 per cent of customs clearance time, officials conceded at a meeting held in Ha Noi on Monday.
Viet Nam News Bizhub

VN seeks more investment projects with Belarus
President Tran Dai Quang has expressed his hope that Viet Nam and Belarus will join hands in more investment projects covering such areas as agricultural product processing, machinery manufacturing, infrastructure construction and metro routes.
Viet Nam News Bizhub

Lean peanut crop causes losses for Hà Tĩnh farmers
Farmers in central Hà Tĩnh Province are experiencing a hard time due to the poor harvest of peanuts and the low price of goober peas.
Viet Nam News

Vietnam’s auto industry still very small: working group
The auto industry in Vietnam is still very small, which is the reason why global auto component suppliers have not made their full presence in the market, the Automotive Working Group (AWG) said at the 2017 Vietnam Business Forum in Hanoi on June 27.
VietnamNet Bridge

Vietnam lacks highly-skilled IT workforce
Delegates to a seminar held in Ho Chi Minh City on June 28 raised concern about the lack of highly-skilled IT workforce in the country.

Large corporations compete for market share in food sector
The long-term demand of the market has prompted large corporations to spend trillions of dong making food, although 2017 is expected to be a tough year.
VietnamNet Bridge

HCM City’s retail sales jump 10.3% in H1
HCM City’s total revenue from retail trade and services saw a year-on-year increase of 10.3 per cent to US$20.1 billion in the first half of this year, according to the municipal Department of Industry and Trade.
Viet Nam News Bizhub

Credit grows 8.15% in first half in Hà Nội
The total outstanding loans in Hà Nội was estimated at VNĐ1.6 quadrillion (US$70 billion) in the first half of this year, according to the State Bank of Việt Nam’s Hà Nội branch.
Viet Nam News

Concrete commitments, drastic actions
Joining efforts for investment and development has become an commitment of Hanoi leaders.

First Can Tho-Bangkok direct flight takes off
The first direct flight from the Mekong Delta city of Can Tho to Bangkok, Thailand, took off from Can Tho International Airport on Tuesday morning, carrying 179 passengers.
Viet Nam News Bizhub

Vinafood 2 to extend IPO
Deputy Prime Minister Vuong Dinh Hue has ordered the extension of initial public offering (IPO) and adjustment of value of enterprises for equitising Viet Nam Southern Food Corporation’s (Vinafood 2).
VietnamNet Bridge

VN Air firms awarded for service quality
Noi Bai Cargo Terminal Services (NCTS) JSC and Vietnam Airport Ground Services (VIAGS) Co., Ltd, both subsidiaries of national flag carrier Vietnam Airlines, received awards from Singapore Airlines for their excellent service for Singapore Airlines’ flights to and from Noi Bai International Airport.
Viet Nam News Bizhub

Saigon-Hanoi joint stock bank enters Myanmar market
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) recently opened its first branch in Myanmar, according to Lao Dong newspaper.

The next Silicon Valley? Where to place Vietnam on the global startup map
Vietnam has quickly declared itself an aspiring startup nation, but myriad challenges are now giving dreams and ambitions a sobering reality check.


Feature photo Aleksandr Zykov
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).

Vietnam morning news by AEC News Today is your one stop source for Vietnam news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies, not politics.



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