Vietnam Morning News For December 5

Fertiliser tax does more good than harm: Experts
DAP and MAP fertiliser products have been officially subject to safeguard measures with a provisional tax rate of VND1,855,790 (US$85.6) per tonne since August 19, under a regulation set by the Ministry of Industry and Trade (MoIT).
— VietnamNet Bridge

Samsung seeks more VN part suppliers
The increasing number of Vietnamese suppliers who provide parts and components to Samsung would not only help Samsung Viet Nam (SEV) reduce its production costs, but also develop the country’s auxiliary industry, according to Kim Dong Hwan, SEV’s deputy general director.
— Bizhub

Next-generation FDI: what’s the new strategy?
After 30 years of foreign investment, 24,000 projects with total investment capital of $313 billion have been implemented in Vietnam.
— VietnamNet Bridge

Uber seals deal with Vietnam mobile payment service
Ride sharing giant Uber has struck its first deal with a mobile payment provider in Southeast Asia.
— Traveltek

Ministry takes action in response to IUU fishing
The Ministry of Agriculture and Rural Development has approved a plan to implement urgent solutions in response to the European Union’s (EU’s) warning about illegal, unreported and unregulated (IUU) fishing.
— Bizhub

Businesses accompany Vietnam to develop smart industry
Domestic and international businesses participating in Smart Industry World 2017 have committed to accompanying Vietnam to soon develop the smart industry effectively.
— VietnamPlus

Vietnam: High cost of Sabeco shares makes its Dec 18 sale unpredictable
Vietnam has picked a record high price for Saigon Beer’s share sale this month – at VND320,000 ($14) apiece – which has made it one of the most unpredictable share disposals.
— DealStreetAsia

Vietsovpetro’s revenues 2017 surpass targets
The Vietnam – Russia oil and gas exploration joint venture Vietsovpetro is expected to earn 1.98 billion USD this year, exceeding its target by 4 percent, according to General Director of Vietsovpetro Tu Thanh Nghia.
— VietnamPlus

CPI rises 0.13% in November: GSO
The consumer price index (CPI) in November rose 0.13 per cent from the previous month and 2.62 per cent year-on-year, according to the General Statistics Office (GSO).
— Bizhub

VN, Nigeria seek to boost trade cooperation
Việt Nam and Nigeria are seeking to boost co-operation in trade and investment to tap the significant potential between the two countries.
— Viet Nam News

Vietnam Airlines & Bangkok Airways agree to codeshare deal
Deal makes it easier for passengers of both carriers to travel to and from Vietnam and Thailand.
— Vietnam Economic Times

As Vietnam grows, oil demand and exports will increase
Although the country’s oil production peaked a decade or so ago, Vietnam has been a net exporter of energy until this year.
— The National

Blogger Sentence Shows Vietnam Fed Up With Criticism Over Graft, Inefficiency
Vietnam’s 10-year sentence for a blogger who questioned her government’s response to a toxic chemical flap joins a pack of actions that point to growing official impatience with online criticism of graft and perceived inefficiency.
— VOA

Car imports up in November
Vietnamese businesses spent some US$200 million to import 7,000 completely built-up units (CBUs) in November, according to an estimate of the General Statistics Office (GSO).
— Viet Nam News

Vietnam emerges as crucial player in South East Asia
The Middle East has been referred to by some commentators as “America’s new Vietnam” because of US military involvement in Iraq and other war-torn countries of the region.
— The National

Seeking stronger links
Owners of Vietnamese startups share their expectations with VET over the APEC CEO Summit 2017 further connecting them with global markets.
— VietnamNet Bridge

Vietnam offers world’s most attractive office yields
The report, which compared 54 major office markets across, Asia, Europe, the United States and Australia, confirmed that Hanoi and Ho Chi Minh City posted the highest yields at 8.65 and 7.86 percent.
— VietnamNet Bridge

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