Vietnam Morning News For June 7

Vietnam Morning News For June 7
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Vietnam morning news

Vietnam to miss 2017 growth target: WB
The World Bank (WB) released its Global Economic Prospects report on June 4, forecasting a global 2017 economic growth rate of 2.7 percent and a Vietnamese growth rate of 6.3 percent, lower than the 6.7 percent goal set by the government.

Vietnam’s export turnover hits $79.3 billion in five months
Vietnam exported about 79.3 billion USD worth of commodities in the first five months of 2017, an increase of 17.4 percent from the same period last year.

New policies take effect in Vietnam in June
A string of new government policies come into force in June, including the exemption of land use fees for housing projects, specific financial mechanisms for HCM City, increased fees for medical examination and treatment for the insured and reduction of social insurance premiums.

Vietnam, Asian peers can unlock $5 trillion, 230 million jobs via development goals
Asia’s growth and stability are under threat from the impact of many environmental and social burdens.

Is the door to US market narrowing for Vietnamese exporters?
The value of Vietnam’s exports to the US increased from $1 billion in 2001 to $38.46 billion in 2016, and it may reach $40 billion in 2017.
VietnamNet Bridge

PM calls for high-tech Japanese investments
Prime Minister Nguyen Xuan Phuc called for Japanese investments in high technology-based, environment-friendly and human development projects at a working session with 60 Japanese information technology (IT) companies today.
Viet Nam News Bizhub

Ha Noi, BRG, Sumitomo to develop $4b city
Ha Noi’s People’s Committee, BRG Group and Japan’s Sumitomo Corporation Group on Monday signed a co-operation agreement to develop a US$4 billion smart modern city, the Nhat Tan-Noi Bai project.
Viet Nam News Bizhub

FECON inks co-operation agreement with Japanese expressway companies
Two Japanese expressway companies will transfer their technology and management capacity in transport infrastructure to Viet Nam’s Foundation Engineering and Underground Construction Joint Stock Company (FECON).
Viet Nam News Bizhub

Vinalines, NYK Line consider developing logistics centre
Viet Nam National Shipping Lines (Vinalines) and Japan’s NYK Line Group will carry out a joint research on developing a transportation and logistics centre to serve industries in Cuu Long Delta.
Viet Nam News Bizhub

Vinh Long seeks to promote trade in Australia
Authorities of the Mekong Delta province of Vinh Long held a working session with Seraco international education consulting company on June 6 to discuss trade and investment promotion with Australia.

Vietnam-Czech business forum opens in Hanoi
The Vietnam-Czech business forum opened in Hanoi on June 6 in the presence of Czech President Milos Zeman, who is on a official visit to Vietnam.

Seminar spotlights 55 years of Vietnam-Laos special ties holds in Phan Thiet
A seminar was held in Phan Thiet city, the south central province of Binh Thuan, to look into the five and a half decades of the special friendship and comprehensive cooperation between Vietnam and Laos.
Vietnam Times

Going green: Clean energy generates giant investments across Vietnam
It looks like investors are trying to cash in on incentives for green power projects.

Vietnam’s sericulture industry in danger from China businesses
Chinese businesses have been flocking to Vietnam, competing with Vietnamese enterprises to collect materials, causing a material shortage.

Forestry sector strictly abides by CITES convention
The Ministry of Agriculture and Rural Development (MARD) has issued a circular on the promulgation of a list of wild fauna and flora species regulated in appendixes of the Convention of International Trade in Endangered Species of Wild Fauna and Flora (CITES).

Ministry demands multiple incentives for N-S Expressway
The Ministry of Transport has proposed a slew of incentive mechanisms for the North-South Expressway project.

E-commerce Logistics: Emerging Opportunities in Vietnam
E-commerce in Vietnam is not a new concept as it was 5 years ago.
Vietnam Briefing

Savills: Property market active in Q1
Vietnam’s real estate market saw dynamic investment across many segments in the first quarter of 2017, according to the latest report from Savills.
Vietnam EconomicTimes

Ride-hailing firm Grab says likely to raise funds in near future
In five years, Grab’s network has grown from 40 drivers in one country to over 930,000 across 55 cities in seven countries including Vietnam.

VN high-quality products fair opens in Da Nang
A Vietnamese High-Quality Products Fair opened in Da Nang’s March 29 Square today with over 400 booths set up by 150 Vietnamese producers of high-quality goods.
Viet Nam News Bizhub

What’s the first Vietnamese company to IPO in US?
The Vietnamese online gaming and messaging firm VNG Corp is eyeing to list shares on the Nasdaq, US.


Feature photo Travel and Snap
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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