Vietnam Morning News For September 19

Vietnam sucks up loss from crude oil sales to China
China is getting a 2 percent discount compared to the rest of the world on crude oil from Vietnam.
— VnExpress

Vietnam resort developer FLC Group eyes aviation, casinos
Ho Chi Minh-listed real estate developer FLC Group has unveiled hugely ambitions plans for expansion and is on the hunt for investors.
— Nikkei Asian Review

City wants investment in solar power
HCM City has called for more investment in solar power in the city due to the great potential of the sector.
— Viet Nam News

Vietnam looks to give fishery assistance to Cambodia
Vietnam has expressed inter-est in investing in Cambodia’s aquaculture sector and providing technical support to help boost fisheries production, according to Vietnamese media reports.
— The Phnom Penh Post

City out of Pentaxim vaccine
HCM City has run out of the Pentaxim vaccine that protects children against five diseases, however drug companies say they will import more vaccine doses next month, according to the city’s health department.
— Viet Nam News

$500m spent annually on imported plant varieties
The HCM City Department of Agriculture and Rural Development recently held a conference discussing the application of scientific and technological achievements in the city’s agricultural development.
— VietnamNet Bridge

Rapid increase in TVGF fund
The DOBF Stock Academy has released a report that summarises the status of investment funds on Vietnam’s stock market for the first half of 2017.
— Viet Nam News

Deputy PM lauds Belgian company’s energy projects in Vietnam
Deputy Prime Minister Vuong Dinh Hue has applauded the investment in wind and solar energy in Vietnam of Belgium’s Rent-A-Port and suggested the company work on connecting wind power with Vietnam’s national power grid.
— VietnamPlus

Ha Noi to fund airport restructure plan
Unless city authorities restructure Noi Bai International Airport soon, it will face serious overloading over the next few years, Minister of Transport Truong Quang Nghia warned at a recent meeting.
— Bizhub

Online Friday to fall on September 29
“Up your style” will be the greeting from Online Friday 2017 to customers nationwide, which is slated for September 29.
— VietnamPlus

Vietnam and other countries continue TPP negotiations
They expect to reach a final decision before a TPP summit to be held on the sideline of the APEC summit in Vietnam in November.
— VietnamNet Bridge

Convenience stores sway VN’s retail market
As the country’s consumption demand increases to match national economic progress, more and more foreign retailers are entering the Vietnamese market to a warm welcome from buyers, while Viet Nam’s domestic brands look for their own growth strategies against the newcomers.
— Bizhub

CBRE: Vietnam leads Southeast Asia in infrastructure spending
Experiencing large-scale urbanization and with a positive economic outlook, the demand for infrastructure in Vietnam has intensified.
— Vietnam Economic Times

MARD: VRG to complete equitization this year
The Vietnam Rubber Group (VRG), Vietnam’s largest rubber company, has been valued at VND4 trillion ($177.8 million), excluding its massive land fund, marking another step towards its equitization by the end of this year.
— Vietnam Economic Times

Tighten your shoelaces and get ahead, Viettel CEO advises staff
The general director of Viettel, Vietnam’s largest mobile carrier, has encouraged its young employees to never stop dreaming and to continue contributing to the group’s growth at a recent meeting.
— Tuoi Tre

Regional links key for south VN trade
Efforts have been made to establish regional linkage in recent years but there were bottlenecks to be removed to create breakthroughs, especially in developing a supply chain and logistics.
— VietnamNet Bridge

Go digital to prosper, smaller companies in the region told
EXPERTS at an Apec workshop in Ho Chi Minh City discussed the need for small firms to embrace the digital economy to ensure sustainable growth in the future.
— The Nation

Standard Poor’s affirms credit rating for BIDV
Standard & Poor’s (S&P) Global Ratings affirmed its “B+” long-term and “B” short-term issuer credit ratings of the Joint Stock Commercial Bank for Investment and Development of Việt Nam (BIDV).
— Viet Nam News

Feature photo ILO/Nguyen Viet Thanh
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