Vietnam Morning News For April 4

Vietnam Morning News For April 4
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Vietnam morning news

Vietnam-Finnish IPP accelerator aims to build sustainability as part of exit plan
The Euro 11-million ($11.7 million) Vietnam-Finland Innovation Partnership Programme (IPP) was one of the early acceleration support in Vietnam’s fledgling startup ecosystem.
Deal Street Asia 

Vietnam meat firm enhanced by cash injection
Vietnam-based Masan Groupp Corporation’s meat subsidiary is set to see a cash injection of $250 million (m) after US investment firm KKR acquired a minority share in the business.
Global Meat News 

Export of aquatic products earns 1.5 billion USD in first quarter
Vietnam earned 537 million USD from the export of aquatic products in March, bringing the total figure of the year’s first three months to 1.5 billion USD, a year-on-year increase of 3.6 percent, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam Plus 

Vietnam has too many “key” industries: economists
So many industries are listed as ‘leading-edge industries’ that it is unclear which of these should be accorded top priority for development.
VietNamNet Bridge 

Singapore, Vietnam sign cooperation agreements
Singapore Prime Minister Lee Hsien Loong and Vietnamese Prime Minister Nguyen Xuan Phuc recently signed five cooperation agreements across the banking, power generation, and infrastructure sectors – a development welcomed by analysts amidst growing protectionism in global trade.
Singapore Business Review 

Two dollar billionaires: does Vietnam need more?
Experts hope that Vietnam’s dollar billionaires will spur the development of several business fields and open new value chains.
VietNamNet Bridge 

Shares remain close to 10-year high
Shares closed almost flat on the two local exchanges yesterday as strong investor selling hit large-cap stocks after the market reached a 10-year high last week.
Viet Nam News 

NGO, enterprise promote better sanitation for remote Vietnamese children
Around a hundred elementary school students from a disaster-prone coastal commune in southern Vietnam attended an event on the weekend to improve their hygiene practice.
Tuoi Tre News 

Philippine firm eyes Saigon Beer stake
San Miguel, Philippines’ largest brewery corporation, is “evaluating and may bid” for Viet Nam’s Saigon Beer Alcohol Beverage Corp (SABECO), company president Ramon Ang told Bloomberg reporters last Friday.
VietNamNet Bridge 

Quảng Nam probes 50,000cu.m of missing sand
Project investors, contractors and sub-contractors of a dredging project in the Cửa Đại Estuary are suspected of “serious violations” with a large volume of sand gone “missing.”
Viet Nam News 

In Việt Nam, ’bigness’ depends on more than size
There have been some commentaries on the 2016 Wealth Report which claim Việt Nam is the fastest growing country with a super-rich population, surpassing even India and China.
Viet Nam News 

Expressway set to open in 2019
Deputy Prime Minister Trịnh Đình Dũng has urged the two ministries overseeing the Trung Lương-Mỹ Thuận expressway project to speed up construction of the Mỹ Thuận-Cần Thơ stretch so that the entire road can be open to traffic by 2019.
Viet Nam News 

Investors set their sights on Vietnam
ABOUT two in five Malaysian companies have chosen Vietnam as their preferred South-East Asia expansion destination in the next three to five years.
The Star 

Vietnam in Firing Line On Trade with US
Vietnam is facing the threat of possible trade retaliation from the United States following President Trump’s order of a thorough review of the giant US trade deficit.
New America Media 

HCMC beefs up measures against pollution
The Department of Natural Resources and Environment in Ho Chi Minh City sped up infrastructure system to control environment quality in line with its set target to 2020.

Food Fest 2017 to be held in Hanoi
The International Culinary and Music Festival (Food Fest 2017) will take place for the first time in Hanoi from April 7 – 9.
Hanoi Times 

Vietnam anti-corruption official moonlights as xe om to save for $133k villa
Though considered a difficult and low-paid job, xe om, or motorbike taxi driver, has emerged as dream work in Vietnam after one state official claimed to have saved enough money to build a luxury villa while doing it part-time.
Tuoi Tre News 

World Bank report on Vietnam’s pork safety sparks concern, doubt
A recent World Bank report claiming that up to 40 percent of pork in Hanoi and Ho Chi Minh City is potentially contaminated with the salmonella bacteria has raised concern and doubt as to whether the ratio is too high compared with Vietnam’s own statistics.
Tuoi Tre News 

Business environment effectively supports firms: PM
Prime Minister Nguyen Xuan Phuc has assessed that the business and investment environment of Vietnam has been effectively supporting the development of enterprises, pointing a high number of startups and profitable firms.
Vietnam Plus 

Vietnam should be ready for bilateral trade deal talks with US: experts
Vietnam should be ready to negotiate a free trade agreement with the US, according to some speakers at a recent seminar on the impacts of the Trump administration’s policies in Asia-Pacific.
Vietnam Plus 

Booming resorts, littering, rip-offs among ‘negatives’ of Phu Quoc tourism
Quang Kiet, a frequent visitor to Phu Quoc, has found many ‘negatives,’ one of which is the mushrooming number of resorts on the ‘pearl island’ just off southern Vietnam.
Tuoi Tre News 


Feature photo Sharon Ang
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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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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.

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