Vietnam Morning News For December 6

US hits Vietnam with huge duties on steel made with Chinese material
The United States on Tuesday (Dec 5) imposed huge duties on some steel imports from Vietnam, saying they were produced with Chinese material already subject to retaliatory penalties.
— Channel NewsAsia

Vietnam to remove tariffs on autoparts from January
The Vietnamese government plans to eliminate tariffs on key autoparts from January. The move follows the planned termination of tariffs on cars within the region, as the Association of Southeast Asian Nations Economic Community becomes fully effective in the same month.
— Nikkei Asian Review

How deep is Vietnam’s rot?
At a meeting of Vietnam’s main anti-corruption body held late last month, the country’s leading politician instructed it to quicken the pace of its investigations into corrupt officials.
— Asia Times

Viettel, Vinamilk, VNPT most valuable brands in Vietnam
Military-run mobile network operator Viettel has been ranked the most valuable brand in Vietnam this year, followed by dairy firm Vinamilk and telecommunications company VNPT, according to a local trade promotion agency.
— Tuoi Tre

MPI proposes removing conditions for 21 business sectors
The Ministry of Planning and Investment has proposed to remove conditions imposed on 21 business sectors, including rice export, logistics and debt trading service.
— Viet Nam News

THACO becomes Mitsubishi Fuso’s general distributor
Mitsubishi Fuso announces THACO as new general distributor of FUSO products in Vietnam.
— Vietnam Economic Times

Apple makes serious Vietnam push with FPT’s retail unit
The retail arm of Vietnam’s biggest information technology company FPT will list its shares on the Ho Chi Minh City bourse in the first half of next year, with the plan of using the proceeds over the next three years to open 100 stores officially licensed by Apple, marking a serious push by the U.S. tech group into the communist-led country.
— Nikkei Asian Review

VN wood firm to cooperate with Japan
An Cường Wood Working Joint Stock Company has announced its strategic investment partnership with Japan’s Sumitomo Forestry Co Ltd.
— Viet Nam News

PM urges taking advantage of opportunities from Industry 4.0
The fourth Industrial Revolution (Industry 4.0) is an opportunity to fulfill the aspirations for a prosperous country; therefore, relevant agencies and enterprises should overcome all difficulties to take full advantage of the opportunities from the revolution to develop.
— Nhan Dan Online

Can Tho puts focus on solar power
Can Tho City is keen on exploiting its renewable energy potential and will provide investors with tax and credit incentives, especially for solar power projects.
— Bizhub

State Budget reform will be a testing process
There has been considerable discussion in the media recently about the urgent need to cut the nation’s bulging public workforce because it has become a heavy burden on the State Budget and the economy as a whole.
— Bizhub

Honda, Nissan recall thousands of cars in Vietnam
Automakers Honda and Nissan have announced a recall of thousands of vehicles in total in Vietnam to fix faults found in their cars’ wing mirrors and airbags.
— Tuoi Tre

Algeria to export dates to Vietnam
Algeria exports some one million tonnes of dates annually, making it rank fourth in the world in terms of total output, reports Vietnam News.
— Fresh Plaza

Foreign investors interested in Vietnam’s wind power projects
International investors, including those from Denmark, are really keen on exploring Vietnam’s market with untapped huge potentials for wind power development, said Bo Monsted, Commercial Counsellor at the Danish Embassy in Vietnam.
— VietnamPlus

Vietnamese & Ontario businesses sign $25mn in deals
Ms. Kathleen Wynne, Premier of Ontario, Canada, announced at a signing ceremony in Ho Chi Minh City on December 4 that 14 agreements between Vietnamese and Ontario organizations, worth almost $25 million, were being signed.
— Vietnam Economic Times

PM opens two projects in Hai Phong
Prime Minister Nguyen Xuan Phuc attended the inauguration ceremonies for LG Display’s US$1.5 billion project and the $41.8 million Nguyen Binh Khiem interchange in the northern port city of Hai Phong on Monday.
— Bizhub

Vietnam, Kazakhstan look to tighten trade ties
The eighth meeting of the Vietnam-Kazakhstan Intergovernmental Committee for economic, trade, scientific and technological cooperation opened in Hanoi on December 5, under the chair of Vietnamese Deputy Ministry of Industry and Trade Hoang Quoc Vuong and Kazakh Deputy Foreign Minister Akylbek Kamaldinov.
— Nhan Dan Online

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