Vietnam Morning News For October 25

Vietnam Morning News For October 25
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Vietnam morning newsIDG Ventures Vietnam vice president dies at 40
IDG Ventures Vietnam is the first technology venture capital fund in Vietnam and has funded various successful start-up projects including YanTV, Vietnam Communications Corporation and Vat Gia online shopping website.
— VietnamNet Bridge

Industry 4.0 offers numerous challenges to SMEs
The workshop, organised by the Vietnam Chamber of Commerce and Industry (VCCI) and the US-ASEAN Business Council, was meant to be a platform for SMEs, business groups and organisations to discuss opportunities and challenges for small firms in Vietnam.
— VietnamNet Bridge

C.P. Vietnam Urges Business Partners To Comply With Sustainable Sourcing Guidelines
C.P. Vietnam Corporation, a livestock and aquaculture company, is helping their business suppliers achieve their international sustainability certifications.
— Seafood News

Foreign ownership in Techcombank officially at 0%
Foreign ownership in the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) is officially at zero per cent, the bank announced late last week.
— Viet Nam News

Vietnam re-exports Thai fruit to China
China is among the biggest export markets for Vietnam’s fruit with the growth rate in the first eight months of the year at 60.2 percent.
— VietnamNet Bridge

Vegetarian food – Chinese and Vietnamese style
Two of Dusit Thani Bangkok’s restaurants – The Mayflower and Thien Duong – are celebrating the annual Vegetarian Festival with a range of non-meat dishes on their menus from now until October 29 for both lunch and dinner.
— The Nation

Iveda Expects $50 Million in Safe City Deployments in Vietnam through 2018
In April, Iveda announced its selection by VNPT for the implementation of a nationwide Safe City initiative.
— Markets Insider

Vietnamese fruit exporters seek opportunities in EU
A delegation of Vietnamese fruit and vegetable export firms will travel to three European countries — France, Germany and Poland — to explore business opportunities there, reported.
— Bizhub

Viet Nam to reach year’s GDP goal
The gross domestic product (GDP) of Viet Nam this year is expected to reach 6.7 per cent, perfectly on point with the previously set target.
— Bizhub

Vietnam’s beer products introduced at New Zealand expo
High-quality and good taste of 18 made-in-Vietnam beer products left impression on visitors at the Pacific Beer Expo 2017, which was held in Wellington, New Zealand, on October 21 and 22.
— VietnamPlus

VN textile industry needs to spin a new yarn
Continued dependence on raw and auxiliary materials imports will constrain Viet Nam textiles and garment industry from taking real advantage of the various Free Trade Agreements signed by the country, industry insiders say.
— Bizhub

Ca Mau calls for investment in renewable energy
The southern province of Ca Mau will put into place a number of appropriate policies and mechanisms to encourage enterprises to invest in the renewable energy sector.
— Nhan Dan Online

Far from the madding crowd
The remote Con Dao Islands, located off the southern coast of Vietnam, are one of the few tropical destinations in South East Asia that remains untouched, peaceful and largely undeveloped.
— The Nation

Viettel wins big at international business awards
The military-run telecom group Viettel has outshone many other strong candidates to win five awards at the 2017 International Business Awards –Stevie Awards held in Barcelona, Spain.
— Nhan Dan Online

VinaCapital invests 11 million USD in OCB
The Vietnam Opportunity Fund (VOF), managed by VinaCapital Group, invested 11 million USD in the Orient Commercial Bank (OCB), owning nearly 5 percent stake in the bank.
— VietnamPlus

Experts call for acceleration of digital economy
Many countries that have underestimated and attempted to remain outside of the wave of the digital economy have to quickly change their strategies and take the initiative in approaching the “new game,” experts stated at a Hanoi conference on the issue, on October 23.
— Nhan Dan Online

Tariff cuts are bolstering FDI from APEC members
The plant will produce garment and textile materials at the 660 hectare Texhong Hai Ha Industrial Park. Its investment capital is expected to be in the hundreds of millions of dollars. The firm’s representatives have come to Quang Ninh several times.
— VietnamNet Bridge

Prime Minister vows to bolster Vietnam-Australia relations
Prime Minister Nguyen Xuan Phuc affirmed he will make concerted efforts to elevate relations between Vietnam and Australia to a new height during a reception for Australian Ambassador to Vietnam Craig Chittick in Hanoi on October 24.
— Nhan Dan Online

Vietnam Customs Trialling Electronic Tax Payment System
The Vietnam Customs Department announced on October 18 that it had established an e-payment and collection system.
— Tax-News

Vietnamese sugar industry faces threat from falling import tariffs
Vietnam’s obligation to cut sugar tariffs will open up opportunities for its neighbours while placing considerable pressure on its struggling domestic sugar industry.
— Food Navigator

Vietnam seeks to export more farm produces, goods to RoK
A trade exchange event was held in Seoul, the Republic of Korea (RoK) on October 24 to seek to increase the presence of Vietnamese products, especially farm produce and consumer goods, in the RoK market.
— VietnamPlus

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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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