Vietnam Morning News For December 29

Vietnam Morning News For December 29
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Vietnam morning newsRussian truck manufacturers to open joint ventures to drive business in Vietnam
The joint ventures will have a tariff-free import quota of 2,550 heavy vehicles to test the market.
— VnExpress

​Over 7,000 digital coin mining machines imported into Ho Chi Minh City in 2017
Over 7,000 cryptocurrency mining modules have been imported into Ho Chi Minh City this year, according to the municipal customs department.
— Tuoi Tre

Vietnamese Catholic blogger sentenced to 10 years in jail
A Vietnamese court has sentenced a Catholic blogger to 10 years in prison for propaganda against the communist government, a sentence that activists describe as “heavy.”
— UCA News

​Vietnam plans to raise $289 mln through IPO in power firm
Vietnam hopes to raise at least $289 million by selling shares in an electricity generation company through an initial public offering (IPO), the government’s website said on Wednesday.
— Tuoi Tre

Mitsubishi Corp to invest in Ho Chi Minh City residential project
Japanese heavyweight Mitsubishi Corporation has said it will invest in a residential development project in Vietnam’s Ho Chi Minh City, a project being developed by local real estate developer Phuc Khang Investment and Construction Corporation (PK).
— DealStreetAsia

Vietnam’s largest rooftop solar power system put into operation
The first phase of the largest rooftop solar power system in Vietnam has been put into operation at Song Than Inland Clearance Depot (ICD) in southern Binh Duong province.
— VietnamPlus

VRG equitization plan given green light
Foreign strategic investors excluded from sale of Vietnam Rubber Group shares.
— Vietnam Economic Times

Thaco’s first batch of BMW, MINI cars arrive in Vietnam
The first batch of 55 BMW and MINI cars imported by Vietnamese automaker Truong Hai Auto Corporation (Thaco) have arrived at Ho Chi Minh City’s port.
— VietnamPlus

Intense competition awaits in 2018: real-estate experts
Next year is likely to be a fiercely competitive one for real-estate companies in HCM City since scores of new projects are set to hit the market, analysts said.
— Bizhub

Flexible monetary policies facilitate economic growth
The global and domestic economic situation in 2017 has witnessed complex changes, strongly affecting Vietnam’s economic policies in general and the monetary policy in particular.
— Nhan Dan Online

​Vietnam’s Dec crude oil output falls 12.1 pct y/y to 1.09 mln T
Vietnam’s crude oil output in December is estimated at 1.09 million tonnes (257,700 barrels per day), down 12.1 percent from a year ago, the government said on Wednesday.
— Tuoi Tre

New regulations issued over operation of SCIC
The Government has issued two new decrees over the operation mechanism of the State Capital Investment Corporation (SCIC).
— Bizhub

Foreign funds rushing year-end stock transactions
Over the past few months, foreign funds have been ceaselessly selling a hefty volume of stocks worth up to $100 million during the year-end season of stock market launches, whilst actively seeking investment opportunities in the country.
— VietnamNet Bridge

Shoe industry gears up to go hi-tech
A dramatic change in market trends and the “fourth industrial revolution” are forcing Vietnamese enterprises to gradually apply new technologies to production.
— VietnamPlus

Insurance sector looks at rosy prospects in 2018
The insurance sector is set to reach a 22 per cent growth rate in premium volume in 2018.
— VietnamNet Bridge

Toyota Vietnam recalls more than 8,000 cars over airbag defect
The Vietnam business of Japanese automaker Toyota on Wednesday launched a recall of over 8,000 Corolla compact sedans due to an airbag malfunction that could leave passengers injured upon its deployment.
— Tuoi Tre

New Year holiday to see 3,000 additional flights
Airlines, by December 26, had registered to increase nearly 3,000 flights and 582,000 seats on 22 routes from and to 18 domestic airports.
— VietnamPlus


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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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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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