Vietnam Morning News Roundup For February 28

Vietnam Morning News Roundup For February 28

Welcome to the Vietnam morning news roundup by AEC News Today, your one stop for Vietnam news on matters of governance and policies affecting Asean business communities.


Vietnam morning news

Japanese automakers threaten to leave Vietnam again
Japanese automobile manufacturers have discussed the possibility of relocating their factories to regional countries because of Vietnam’s weak supporting industries.
Vietnam Net 

Vietnam Wants Its Gamblers Staking Their $800 Million at Home
Vietnam’s revolutionary founder Ho Chi Minh relied on lottery ticket sales to raise money for schools and hospitals during the war years. Now Hanoi’s Communist leaders are looking to casinos, horse betting and modern lottery-ticket machines to do the same.

Investors pledge to pour cash into Tuyên Quang
A conference on investment, trade and tourism promotion held for the first time by the mountainous province of Tuyên Quang yesterday has concluded with investors’ pledging a total of VNĐ18.3 trillion (over US$801 million) into six large-scale projects in this province.
Viet Nam News

Deputy PM pushes for fast VNPT divestment
Deputy Prime Minister Vương Đình Huệ recently urged the Vietnam Posts and Telecommunications Group (VNPT) to speed up its divestment process in its listed member companies.
Viet Nam News

Vietnam sharpens focus on regional ties
As it takes over as chair of APEC this year, Vietnam will be working towards promoting growth and enhanced regional integration, while also pushing its own reform agenda at home.
Oxford Business Group 

Cau Tre invests $54m in Hiep Phuoc IP
Cau Tre Export Goods Processing JSC last week signed a contract with Hiep Phuoc Industrial Park Joint-Stock Company (HIPC) to build a food processing complex in Hiep Phuoc Industrial Park in HCM City’s Nha Be District.
Viet Nam News (biz hub) 

Assets of credit institutions rose 16% in 2016
The total assets of Vietnamese credit institutions rose more than 16 per cent by December 2016 to VNĐ8.5 quadrillion (US$374 billion), when compared with early 2016, the State Bank of Việt Nam reported.
Viet Nam News 

In Vietnam, overloaded trucks slip through net thanks to inactive costly weigh stations
Several weigh stations across southern Vietnam, whose construction ran into the billions of dong, have proven ineffective as overloaded truck drivers continue to dodge the checkpoints.
Tuoi Tre News 

Vietnamese prefer overseas sites for online shopping
Vietnamese online shoppers spend significantly more on overseas purchases than they do domestically as they believe international e-commerce platforms offer better products and service quality, a new report has said.
Vietnam Net 

Vietnam ministry to fine YouTube for breaching ad rules
Two Vietnamese ministries have discussed a plan to slap an administrative fine on YouTube, saying the world’s largest video-sharing platform has violated Vietnam’s advertising regulations.
Tuoi Tre News

Techcom trust debuts on HOSE
Techcom Việt Nam Real Estate Investment Trust (TCREIT) made debut on the HCM Stock Exchange (HOSE) yesterday under the code FUCVREIT at a par value of VNĐ10,000 (44 US cents) per fund certificate.
Viet Nam News 

Foreign visitors exceed one million per month
The number of international tourists visiting Viet Nam reached nearly 1.2 million in February, increasing 19.1 per cent from the previous month and 42.2 per cent year-on-year.
Viet Nam News (biz hub)

City officials seek tax on sales via Facebook
HCM City officials are seeking ways to collect taxes from small- and home-based business owners who are selling merchandise on social media, such as Facebook, in a bid to reduce tax losses in the municipal budget.
Viet Nam News 

Fertiliser imports fair, says regulator
There’s no evidence showing that fertiliser imports have damaged local fertilser products to apply trade defence measures for the imports, according to a report by the Viet Nam Competition Authority (VCA) under the Ministry of Industry and Trade.
Viet Nam News (biz hub) 

VN’s chicken industry takes flight
The Ministry of Agriculture and Rural Development (MARD) has released a national plan on monitoring food safety for processed chicken for export to help Viet Nam’s chicken conquer the world market.
Viet Nam News (biz hub) 



Feature photo: Takmeomeo



The Vietnam morning news roundup is published M-F by AEC News Today: Governance, not government; policies not politics.




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John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage in Zaire, the 1994 Rwanda genocide, the 1999 East Timor independence unrest, the 2004 Asian tsunami, and the 2009, 2010, and 2014 Bangkok political protests.

In 1995 he was a Walkley Award finalist, the highest awards in Australian journalism, for his coverage of the 1995 Zaire (now Democratic Republic of Congo) Ebola outbreak.

Prior to AEC News Today he was the deputy editor and Thailand and Greater Mekong Sub-region editor for The Establishment Post, predecessor of Asean Today.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.

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