Vietnam morning news for December 10

Vietnam morning news for December 10

Vietnam morning newsVietnam’s rising healthcare spending is inevitable trend
A report from the World Bank warned that aging will likely hit Vietnam with full force within a very short time span. This transition would come in a mere 15 years and be completed well before the 2040s.
— Hanoi Times

VinTech to invest $4.5 million in decoding Vietnamese genome
The VinTech technology development company’s big data research institute announced on December 6 that it will start a 4.5-million-USD project on building Vietnamese genome data next year.
— Vietnam Insider

PM orders measures to put an end to free emigration by 2025
Prime Minister Nguyen Xuan Phuc has reiterated his viewpoint of not encouraging free emigration and ordered legal, harmonious, flexible and comprehensive measures to address the issue.
— Vietnam+

Vietnam expected to become second largest furniture exporter
Wood industry players in Vietnam are expected to make leaps and bounds to help make Vietnam become the world’s second largest interior furniture exporter, after China, within the next 7-8 years.
— Viet Nam Net

Automation to have greatest impact on labor market
Automation will be the technological factor with the biggest influence on the labor market over the next five years.
— Viet Nam Net

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VN prepares for new workforce in Industry 4.0
The fourth industrial revolution is dramatically affecting labour markets around the world, including in Việt Nam, creating new kinds of jobs for which there will be expected shortages.
— Viet Nam News

Hanoi horse racecourse to be built on agricultural land
Hanoi’s Soc Son District authorities have planned to turn a 100-hectare site which mostly consists of agricultural land into a USD500m horse race course to boost the local economy.
— Viet Nam Net

Heavy rains batter Vietnam’s central coast, flood city streets
Da Nang and neighboring localities on the central coast are experiencing heavy downpours and severe flooding.
— VN Express

Competition intensifies in local retail market
The competition in the domestic retail market is heating up as both local and foreign retailers are making plans to launch new outlets, while some retailers have even been taken over by others, according to Thanh Nien newspaper.
— Viet Nam Net

Cuisine festival helps introduce Vietnam’s images to int’l friends
An international cuisine festival, the sixth of its kind was held by the Ministry of Foreign Affairs’ Service Department for Diplomatic Corps at the Van Phuc Diplomatic Compound in Hanoi on December 9.
— Vietnam+

Meat imports increase as domestic demand rises
Foreign meat exporters want to compete in Vietnam’s market with products made from  ‘animals that are treated well’
— Viet Nam Net

Ninh Thuan seeks ways to preserve traditional pottery-making craft
More than 200 delegates from various countries have gathered at a conference in the south central province of Ninh Thuan to discuss measures to preserve and promote the values of pottery-making of the Cham ethnic people.

Removal of quarantine policy could do more harm than good
Removing the quarantine regulation will help simplify administrative procedures for enterprises, but will pave the way for unsafe food to flood the Vietnamese market, some experts say.
— Viet Nam Net

Cham ethnic minority group’s pottery on display
A collection of over 350 pottery artefacts dating back to the 14th-19th century of the Cham ethnic minority group are being displayed at an exhibition that opened in the south central province of Ninh Thuan on December 8.

Power sector tickers prove alluring
Many power firms have reported rosy business performance amid the power sector’s growing liberalisation which has fuelled market competition and bolstered the efficiency of production and business.
— Viet Nam Net

Thua Thien-Hue promotes revival of bai choi
Thua Thien-Hue province is fostering the revival of regular bai choi performances in villages that were once familiar with the art form in an attempt to keep it alive.

Hanoi has country’s second highest rate of HIV/AIDS
The number of people living with HIV/AIDS in Hanoi stood at 20,666 as of October 31, ranking second nationwide and making up 10% of the country’s total cases.
— Viet Nam Net

Digital banking is here to stay, but effects still unclear
Making late investments in high technology could cause a bank to lag behind, but if a bank goes too fast and customers are not ready, it will suffer losses.
— Vietnam Insider

Businesses sponsor National Fund for Vietnamese Children
Businesses pledged to sponsor nearly 80 billion VND (3.43 million USD) for the National Fund for Vietnamese Children (NFVC) under agreements signed at a programme in Ho Chi Minh City on December 8 with the attendance of Vice President Dang Thi Ngoc Thinh.

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How billions of discarded Tetra Paks cover Vietnam’s beaches and towns
It takes 45 minutes to pick up all the milk cartons that have washed up on Long Hai beach overnight. “I feel like all I do is collect them,” says Nguyen Thi Ngoc Tham, gesturing towards the quiet length of sand that fronts her beach house in the south of Vietnam.
— The Guardian

Two rare palm civets saved from illegal online trade
Save Vietnam’s Wildlife (SVW, a wildlife research and conservation centre, has received two rare palm civets seized from an illegal online trading case.

MNCs see benefits of R&D centers in Vietnam
Multinational companies have begun to see Vietnam as a viable destination in recent years when expanding their research and development (R&D) activities.
— Viet Nam Net

Centre for examining fine art works opens
The first-ever centre for examining fine art works and photographs has been opened by the Department for Fine Arts, Photography and Exhibition under the Ministry of Culture, Sports and Tourism.

Traditional bronze casting brings prosperity, pride
The traditional craft of bronze casting in Chè Đông Village, Thiệu Trung Commune in the central province of Thanh Hóa has been famous nationwide for sophisticated products that are highly valued in economy, history and culture.
— Viet Nam News

Festival celebrates Vietnam-Laos special friendship
The Vietnam-Laos special friendship festival opened in Dien Bien Phu city in the northern border province of Dien Bien on December 8 to mark the 56th anniversary of diplomatic ties and the 41st anniversary of the signing of the Treaty of Amity and Cooperation between the two countries.

Forbes’ new list of billionaires reflects changes in Vietnam
Earlier this year, Forbes added two more Vietnamese billionaires to the list of the richest persons on the planet.
— Viet Nam Net

Outstanding Lao, Cambodian students in HCM City honoured
The Ho Chi Minh Communist Youth Union of Ho Chi Minh City commended and rewarded 130 outstanding Lao and Cambodian students who are studying in local universities at a ceremony in the city on December 8.

Hospitals going digital
Many major hospitals are adopting healthcare digitalization to better meet the needs of patients and operate more smoothly.
— Viet Nam Net

“Run for Tigers” 2018 draws over 750 runners
More than 750 runners from 31 countries and territories joined a running event in Hanoi on December 9 as part of efforts to raise public awareness of protecting tigers from the risk of extinction.

Agriculture sector breaking records
Despite numerous difficulties, businesses in the agro-forestry-fishery ­sector have become a highlight in the economic ­picture of 2018.
— Viet Nam Net


Feature photo Front line Defenders

This week’s Vietnam morning news feature photo acknowledges Human Rights Day, December 10.


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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