Vietnam Morning News For November 7

Vietnam Morning News For November 7

Vietnam morning newsMobile payment helps develop non-cash economy
The Vietnam Electronic Payment Forum 2017 (VEPF) themed “Mobile Payment – a factor to promote the non-cash economy” officially opened this morning in Ha Noi.
— Bizhub

SCG growing well in Vietnam
SCG has announced its operating results for the first nine months this year, with impressive growth seen in Vietnam.
— Vietnam Economic Times

Vietnamese businesses design new products targeting Gen Z
Gen Z, or those aged 16-19, are the group of potential customers that manufacturers and service providers want to target.
— VietnamNet Bridge

Vietnamese stocks tipped for a sluggish week
Despite a strong rebound on Friday, Vietnamese shares are expected to remain sluggish this week given a lack of business information and market dependence on large-cap shares.
— Viet Nam News

​Apple Vietnam requests relaxed import regulations on ‘smart watch’
Apple Vietnam has filed a formal request with local authorities asking for a relaxation of current regulations pertaining to the import of its Apple Watch.
— Tuoi Tre

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VN-Index up, Vincom Retail debuts
Shares closed Monday’s trading on a positive note following last week’s gains thanks to expansion of large-cap stocks.
— Viet Nam News

Billionaire Alibaba boss Jack Ma talks shop at Vietnam E-Payment Forum
Jack Ma, the chairman of Chinese e-commerce giant Alibaba, addressed the Vietnam E-Payment Forum 2017 on Monday morning.
— VnExpress

2 million shares start trading this week
About two billion shares of six companies will start trading on the stock market this week, of which Vincom Retail debuts 1.9 billion shares on the HCM Stock Exchange on Monday.
— Viet Nam News

RoK’s SY Group opens representative office in Bac Lieu
The SY Group from the Republic of Korea has opened a representative office in Bac Lieu city of the Mekong Delta province of Bac Lieu.
— VietnamPlus

Banking assets exceed 407 billion USD
Total assets of Vietnam’s banking system reached more than 9.25 quadrillion VND (407.5 billion USD) by the end of August, an increase of 8.79 percent over the beginning of this year, statistics from the State Bank of Vietnam (SBV) show.
— VietnamPlus

Provinces gear up to develop special economic units
Quang Ninh, Kien Giang and Khanh Hoa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units.
— VietnamPlus

Trading Watch: Shares of Vietnam Industrial Investments Ltd (VII.AX) Noted Over Chikou
After a recent scan, shares of Vietnam Industrial Investments Ltd (VII.AX) have been seen trading above the Chikou.
— The Standard

Vietnam earns 6.15 billion USD from wood exports
The export turnover of Vietnamese wood and wooden products is estimated at 6.15 billion USD since the beginning of this year, up 10.1 percent year on year.
— VietnamPlus

Four Vietnamese entrepreneurs to attend APEC CEO Summit
Four leaders of Viet Nam’s large corporations have been invited to participate in the APEC CEO Summit 2017, being held from November 8 to 10 in the central city of Da Nang.
— Bizhub

Binh Dien Fertilizer growing with success of farmers
The Vietnam Farmer Prize for 30 Years of Doi Moi program was held on October 14 in Hanoi, attended by 87 excellent farmers from around Vietnam.
— Vietnam Economic Times

VNA & PVN sign cooperation agreement
Vietnam Airlines (VNA) and the Vietnam National Oil and Gas Group (PetroVietnam, or PVN) have signed a cooperation agreement to exploit the resources of each other and ensure mutual support for development.
— Vietnam Economic Times

Local OTT service reaches 10 million users
Mocha Messenger, an over-the-top (OTT) service that provides free Internet-based calls and messaging for users, reached some 10 million of users by the end of October, two years after its launch.
— Viet Nam News

Vietnam: Binh Son Refinery delays IPO again, plans to offload larger stake
The initial public offering (IPO) of Vietnam‘s Binh Son Refining and Petrochemical (BSR), planned for Tuesday, will be delayed until January at the latest to allow for a larger stake to be sold, its chief executive officer said on Monday.
— DealStreetAsia

Online sales of FMCG outpace offline sales globally
The Nielsen report, What’s Next in E-Commerce, highlights the latest trends in consumer purchasing online within the FMCG sector, and points to strengthening growth in online adoption and spends around the world.
— VietnamNet Bridge

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Heartache for sale at Vietnam’s ex-lovers market
At Vietnam’s Old Flames market, curious customers peruse love letters and pick through perfumes, candles and clothes – relics from failed relationships put on sale by forlorn lovers.
— The Nation

Aeon Mall Ha Dong to be built with 90-mln-USD investment
The Kajima – Hoa Binh Joint Venture was assigned to be the Design and Build contractor of Aeon Mall Ha Dong project on November 6.
— VietnamNet Bridge

Vietnam attends ASEANSAI fourth congress
Vietnamese State Auditor General Ho Duc Phoc attended the fourth Congress of the ASEAN Supreme Audit Institutions (ASEANSAI) that opened in Vientiane, Laos, on November 6.
— Nhan Dan Online


Feature photo Asian Development Bank
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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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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