Vietnam Morning News For March 7

Vietnam beer market one of the hottest in the world
Euromonitor, in its latest report, commented that Vietnam will be the next major battlefield for brewers.
— VietnamNet Bridge

Trade ministry begins $158m energy efficiency project
The Ministry of Industry and Trade (MoIT) on Monday launched a US$158 million energy project to help key industries and enterprises with energy saving.
— Bizhub

Vietnam utility places solar plant order with Japan’s JGC
A Vietnamese electricity utility company has entered a deal for Japanese plant engineering company JGC to design and build a 50-megawatt solar power generation plant, JGC’s first to build such a plant overseas.
— Nikkei Asian Review

VFA urged to increase high-quality rice production
The Vietnam Food Association (VFA) was urged to work with other units to continue shifting rice production towards higher output of high-quality rice and applying technological advances in production and processing to maximize the value of rice.
— VietnamPlus

Why Vietnam welcomes America’s return
With the USS Carl Vinson’s arrival this week in Da Nang, the first port of call of an American aircraft carrier to the country since the end of the Vietnam War in 1975, the two former battlefield adversaries have taken yet another symbolic step in drawing closer together.
— Asia Times

Vietnamese e-commerce market a tough nut to crack
Despite the fast growth of e-commerce, Vietnam is not an easy market to crack open, with many players running losses and some being forced to withdraw.
— VietnamNet Bridge

Vietnam’s Bamboo Airways inks MOU for 24 A321neo
Bamboo Airways (Hanoi) Vietnamese conglomerate FLC Group says it has chosen Airbus (AIB, Toulouse Blagnac) and the A320neo Family for its nascent unit Bamboo Airways’ fleeting requirements.
— Ch-Avaition

Vietnam’s FLC aims to buy 24 Airbus planes
Vietnamese property developer FLC Group said on Tuesday it wants to buy 24 Airbus A321neo aircraft for its planned Bamboo Airways operation up until 2025, a deal potentially worth $3 billion.
— Nasdaq

Vietnamese food advertised at Foodex Japan 2018 trade fair
The 43rd International Food and Beverage Exhibition (Foodex Japan 2018) officially kicked off at Makuhari Messe, Chiba, on March 6, bringing together 3,350 enterprises representing 80 countries and territories from around the world, including 20 companies from Vietnam.
— Nhan Dan Online

Vietnamese banks on topsy-turvy road between profitability and capitalization: Moody’s
Vietnamese banks’ asset quality and profitability have improved but their capitalization has deteriorated, according to Moody’s Investors Service.
— VnExpress

Foreign farmers pour investments in Da Lat
Da Lat, the ‘city of thousands of pine trees’, located 1,500 meters above sea level on Langbian Plateau, has attracted agriculture investors from Japan, Singapore and South Korea who are growing vegetables, flowers and strawberries.
— VietnamNet Bridge

Social housing to be purchased online in Hanoi
The Hanoi administration is planning to build a specialized website on which its urban residents can buy social housing.
— Tuoi Tre

Vietnam aims for sustainable development
After more than 30 years of reform, Vietnam has reaped the benefits in higher economic growth and an improved standard of living. In 2017, the economy grew by an impressive 6.81%, laying an important foundation for sustainable development in the years ahead.
— Nhan Dan Online

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