Vietnam Morning News For July 16

PM pledges to realise Industry 4.0 opportunities
To ultilise opportunities brought by the fourth industrial revolution (Industry 4.0) and limit unwanted effects, Vietnamese Prime Minister Nguyen Xuan Phuc said the Government would build long-term orientations and install specific policies.
— Bizhub

Vietnam: The Next Frontier in Asia’s Luxury Real Estate Market
Activity in the luxury real estate market is surging in Vietnam, mirroring a booming economy that posted a 7.38% year-over-year increase in GDP in the first quarter of 2018—the country’s strongest in a decade.
— Mansion Global

Industry real estate to grow
Growing foreign direct investment and a move up the value chain mean Viet Nam’s industrial real estate sector has a bright future, according to property consultant Savills Vietnam.
— Bizhub

Vietnamese carriers run over 150,000 flights in first half
Vietnamese carrier, including Vietnam Airlines, Vietjet Air, Jetstar Pacific, and Vasco, operated a total of 150,010 flights in the first half of this year, up 9 percent year-on-year, reported the Civil Aviation Authority of Vietnam (CAAV).
— VietnamNet Bridge

Vietnam ministry announces violations found at self-claimed-Korean-brand Mumuso
According to the Ministry of Industry and Trade (MoIT)`s announcement, 99.3% or 2,257 out of the total 2,273 products sold by Mumuso Vietnam were imported from China.
— The Hanoi Times

Vietnam a ‘transit stop’ for China-bound exports of Thai fruit
Vietnam’s impressive fruit export revenue in the first half of this year adds little value to the country’s economic growth as most of the shipment were re-exports of produce from Thailand.
— Tuoi Tre

Foreign investors target Vietnam’s footwear sector to tap on FTAs
More foreign investors have set up production bases in Vietnam to capitalize on huge export potentials from free trade agreements, especially the EU-Vietnam Free Trade Agreement (EVFTA).
— The Hanoi Times

Health gains unlikely from Vietnam tax on sweetened drinks: AmCham
Vietnam’s proposed tax on sugary drinks is not a proven measure for achieving stated aims, a top AmCham Vietnam official says.
— VnExpress

Policies encourage renewable energy development
New preferential policies have encouraged both local and international firms to invest in renewable energy, according to authorities.
— VietnamPlus

Villa, house supply in HCM City cannot meet demand
Supply in HCM City’s new villa and townhouse segment has been too low in recent months to meet demand and prices have been rising as a result.
— Bizhub

Vinalines to auction 20% stake in early August
The auction will take place after several delays as the shipping firm underwent a prolonged revamp.
— The Hanoi Times

Farmers optimistic about genetically modified maize
Genetically modified maize (GMM) is a pest resistant crop. If GMM is farmed on a large scale, the amount of maize Vietnam needs to import will decrease.
— VietNamNet Bridge

Maritime sector struggles to maintain workforce
The maritime shipping sector is facing difficulties caused by strong drops in its workforce.
— VietnamPlus

Firms must step up to join int’l supply chains
To sell their products to foreign distribution channels, Vietnamese businesses need to pay more attention to product design, quality assurance and after-sales services, speakers said at a training workshop held in HCM City on Friday.
— Bizhub

Vietnam’s agriculture confronts challenges from US-China trade war
The war would push goods from the two nations to seek for new importers, which throws new obstacles to Vietnamese agriculture products.
— The Hanoi Times

Japan firms used Vietnamese, foreign trainees at Fukushima cleanup
Four Japanese companies have been found to made foreign trainees take part in decontamination work after the Fukushima nuclear disaster.
— VnExpress

South Korea pledges to assist Da Nang in planning urban railway system
South Korea`s project on developing, planning, operating and managing urban railway system plays a significant role in Da Nang city`s development.
— The Hanoi Times

FPT buys US-based tech advisory firm
Information-telecommunication-technology group FPT Corporation (FPT) has acquired 90 percent of the US-based tech advisory firm Intellinet Consulting (Intellinet).
— VietnamPlus

Seeds sown for new durian sales pitch in Vietnam
Sellers and farmers in southern and Central Highlands are offering a ‘durian buffet’ to collect the fruit’s highly lucrative seeds.
— VnExpress (video)

Weather becoming more extreme, unpredictable: expert
Just days after a deadly torrential rain, a terrible spell of hot weather appeared in many localities with the temperature exceeding 40oC.
— VietNamNet Bridge

Travel: Adventures on the beaten tracks in Vietnam
“Given the catastrophic damage over a period of three decades, it’s a wonder anything’s working at all, frankly,” admits railway historian Tim Doling.
— DorsetEcho

Students make remotely controlled firefighting robot
In late 2017, when watching TV news about large fires in HCM City and Hanoi, Le Mai Huong and Tran Van Tuan from Lam Mong Quang Secondary School in Thua Thien- Hue Province discussed how fires in small alleys could be reached.
— VietNamNet Bridge

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