Vietnam morning news for November 26

Vietnam morning news for November 26
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Vietnam morning newsForeign investors push Vietnam among top five for private participation in infrastructure
Vietnam’s commitment to reducing its reliance on coal-fired power and to dealing with environmental issues has resulted in an increased focus on investment in the renewable-energy sector.
— Hanoi Times

Vingroup to invest $51 million in Hanoi smart electronics plant
Vingroup is expected to invest VND1.2 trillion ($51.38 million) in a “Smart Electronics Factory” that will produce smartphones as its first products next year.
— VnExpress

High fertiliser prices hurt farmers
Fertiliser prices have increased more than 30 per cent from a year ago, causing difficulties for farmers.
— Viet Nam Net

Vietnam needs to restructure cashew production
Vietnam’s cashew industry would need to restructure production and processing in order to ensure enough raw materials for sustainable development, according to experts.
— VietnamPlus

Steel firms strive to stay strong
In recent months, Viet Nam’s steel industry has had to compete with a rising amount of imported steel in the domestic market and faces a number of anti-dumping investigations in export destinations, reported the Ministry of Industry and Trade.
— Viet Nam Net

Heineken Vietnam again the most sustainable manufacturer in Vietnam
Brewer picks up award in Programme on Benchmarking and Announcing Sustainable Companies in Vietnam for second consecutive year.
— Vietnam Insider

‘Export opportunities for chemicals and chemical products in Vietnam and Cambodia’
Malaysian companies are set to explore export opportunities for chemicals and chemical products in Vietnam and Cambodia through Malaysia External Trade Development Corp signature export promotion programme, Export Acceleration Mission.
— New Straits Times

Deputy PM urges acceleration of disbursement of foreign loans
Deputy Prime Minister and Foreign Minister Pham Binh Minh has asked project management agencies to conduct thorough reviews in order to accelerate the progress of the implementation and disbursement of foreign loans, aiming to ensure the effective use of such interest-bearing loans.
— Nhan Dan Online

Deadly dog attacks raise concerns over lax regulations
Breeding imported dogs as pets has been now becoming a trend in many in big cities such as Hanoi and HCM City.
— Vietnam Insider

Vietnam’s top 100 sustainable enterprises in 2018 honored
Vietnam has also the most energy-efficient access indicator in the region, surpassing the Philippines and currently the 4th largest in the ASEAN region.
— Hanoi Times

Vietnam ranks ninth in Hinrich Foundation’s Sustainable Trade Index 2018
The Sustainable Trade Index 2018 was announced by the Hinrich Foundation in Hanoi on November 23, which sets Vietnam 9th among the 19 economies in Asia and the US that were measured.
— Nhan Dan Online

Vietnam launches high-speed craft to Con Dao Island
A high-speed craft launched Thursday will cut travel time between Vung Tau beach town and Con Dao Island by half.
— VnExpress

Vietnam determined to make tireless efforts in anti-corruption: President
The process would continue with tireless efforts and no disheartened activities would be accepted, the president told voters.
— Hanoi Times

Vietnam’s blue chips fall faster than stock market plunge
As business results fall short of targets, Vietnamese blue chips are falling faster than the stock market’s continued plunge.
— VnExpress

Hung Yen, Bac Giang showcase local agricultural specialties
The Hung Yen Orange Festival 2018, the second of this kind, is being held in My Hao district, Hung Yen province, to honour oranges and other farm produce of the province.
— Nhan Dan Online

Online Black Friday runs lackluster campaign
Online Black Friday retailers failed to enthuse customers with usual discounts, while brick and mortar stores saw heavy traffic.
— VnExpress

Seminar warns of VN’s need for cyber security
Information safety and cyber security are becoming a constant factor and the fight between cyber criminals and network safety professionals is unrelenting as the world steps into the digital era and all information is placed in cyber space, a seminar heard in HCM City on Thursday.
— Bizhub

First breeding shrimp farm in Vietnam meets OIE standards
A breeding shrimp farm of the Viet-Uc Seafood Corporation in the Mekong Delta province of Bac Lieu has become the first in Vietnam to fulfill criterion set by the World Organisation for Animal Health (OIE).
— Viet Nam Net

Vietnamese goods increase presence in Singapore
Vu Thi Thanh Hanh, general manager of Learth Vietnam Co Ltd, said sales of her company’s VietJoy leaf tea products were very good three months after they entered the Singaporean market.
— VietnamPlus

Programme 135 assists Yen Bai’s ethnic minorities to get rid of poverty
Programme 135 has assisted people living in mountainous areas, especially the ethnic minority people, in northern Yen Bai province escape from poverty in a sustainable manner.
— VNA NET

Hanoi, HCM City spend 47 trillion VND on Tet goods
Industry and trade departments in Hanoi and HCM City are planning to spend 28.5 trillion VND and 18.4 billion VND, respectively, to prepare goods for the Tet (Lunar New Year) 2019 festival.
— Viet Nam Net

Vietnam Infrastructure Working Group launched
The Ministry of Planning and Investment and the World Economic Forum (WEF) co-held a meeting in Hanoi on November 23 to launch the Vietnam Infrastructure Working Group (IWG).
— Nhan Dan Online

HCM City allocates millions for preservation of historic buildings
The HCM City People’s Committee plans to allocate more than VNĐ700 billion (US$29.98 million) for renovation and preservation of cultural heritage sites and buildings in the 2019-2020 period, according to the city’s Department of Culture and Sports.
— Viet Nam Net

VN, India eye textile co-operation
Trade between India and Việt Nam in textiles has grown significantly, but there is still huge untapped potential, the Indian consul general in the city has said.
— Viet Nam News

Vietnamese sits on domestic gold mine, but cannot exploit it: experts
Vietnam’s 90 million-consumer market is a ‘gold mine’ in the eyes of foreign producers, but local companies are ignoring it, experts say.
— Viet Nam Net

Automatic feed mill inaugurated in Long An
Viet Thang Long An Feed mill, the first of its kind with automation technology in the Mekong Delta region, was put into operation at the Nhut Chanh Industrial Zone in Ben Luc district, Long An province, on November 24.
— Nhan Dan Online

Foreign funds flow back to banking
The banking sector has been on the recovery path after a tough time struggling with bad debt (2012-2014), especially since 2016. This comeback has been assisted by foreign investors in local banks.
— Viet Nam Net

Weekend cycling, new hobby of Hanoians
Cycling has become a hobby of Hanoi dwellers in recent years. The beautiful streets around Sword Lake, West Lake, Ho Chi Minh Mausoleum, and Unification Park are packed with cyclists during the weekend.
— Viet Nam Net

Usagi slams Vietnam on the heels of deadly Toraji
While parts of southern Vietnam are still recovering from last week’s deadly flooding and mudslides from former Tropical Storm Toraji, a new tropical threat continue to impact the area.
— Accu Weather

More than 100,000 HCM City households evacuated as typhoon nears
Authorities in the coastal district of Can Gio are planning to evacuate over 100,000 local households to safe areas as tropical typhoon Usagi nears.
— Vietnam Insider

MIC urges on customer information protection
The Authority of Information Security recently gives some recommendations to protect legal rights and interests of customers and enterprises following alleged data leaks from The Gioi Di Dong (Mobile World) Corporation and FPT Shop.
— Viet Nam Net

MNP spells competition for phone firm
The launch of various mobile number portability (MNP) services has stirred fierce competition among telecommunication providers in Viet Nam.
— Viet Nam Net

Ho Chi Minh City economic forum focuses on innovative city
The Ho Chi Minh City Economic Forum (HEF) 2018 took place on the morning of November 23, with the emphasis on the role of businesses in creating an innovative and interactive city.
— Nhan Dan Online

Nearly 2,000 runners compete at Ha Long Bay Heritage Marathon
The fourth International Ha Long Bay Heritage Marathon took place in Ha Long city, the northeastern province of Quang Ninh, on November 25, attracting almost 2,000 runners from over 60 countries.
— VNA NET

Nostalgic Future: Turning Banana Island into Green Lungs of Hanoi
We drive to Long Biên Bridge to get to Bãi Giữa, more commonly known as Banana Island, a 24ha stretch of land in the middle of the Red River. Running down from the centre of the bridge is a steel staircase leading to an island covered by a green canopy of banana, papaya and guava trees, interspersed with the cloudy-white flowers of the wild reeds.
— Viet Nam News

Vietnam named Asia’s best golf destination
Vietnam has won the “Asia’s best golf destination 2018” at the World Golf Awards, announced the Vietnam National Tourism Administration (VNAT) under the Ministry of Culture, Sports and Tourism on November 22.
— Nhan Dan online

PM asks Cao Bang to develop national mountainous tourism brand
Prime Minister Nguyen Xuan Phuc has assigned the mountainous northern province of Cao Bang to develop a mountainous tourism trademark for the country, which is also one of the directions serving the locality’s future socio-economic development.
— VietnamPlus

Hanoi publishes list of projects violating fire code
The Hanoi Inspectorate has published the list of projects that were found to violate the fire code and ordered them to complete documentation and rectify violations.
— Vietnam Insider

Asian, European artists and musicians gather in new music fest
The third Asia-Europe New Music Festival opened at the Hanoi Opera House on November 24, gathering more than 300 artists and musicians from over 40 countries and territories worldwide.
— Nhan Dan online

Life insurers changing channels
Life insurers are boosting online sales and digitalization to transform and better satisfy customers.
— Vietnam Insider

Vietnam’s blue chips fall faster than stock market plunge
Vietnam’s benchmark VN-Index dropped 23.5 percent to 917.97 points on Friday from its April peak over 1,200 points. In corresponding comparison, the fall in value of blue chips stocks has been more than twice as high.
— VN Express

A high-speed craft launched Thursday will cut travel time between Vung Tau beach town and Con Dao Island by half.
Con Dao Express 36, launched Thursday by state-owned shipbuilding 189 Limited Company, will transport passengers between the southern beach city of Vung Tau and Con Dao Island from early next year.
— VN Express

Vietnam-China border defence relation gets better by time
Deputy Defence Minister Senior Lieutenant General Nguyen Chi Vinh speaks to Vietnam News Agency about the fifth Vietnam-China border defence friendship exchange, which took place recently.
— Viet Nam Net

Non Nuoc Cao Bang Geopark receives UNESCO title
The declaration of Non Nuoc Cao Bang as global geopark was made under a resolution approved by the UNESCO Executive Board during its 204th session held in Paris, France, on April 12 (local time) in recognition of its diverse landscapes and spiritual cultural values.
— Nhan Dan online

Vietnamese goods increase presence in Singapore
Vu Thi Thanh Hanh, general manager of Learth Vietnam Co Ltd, said sales of her company’s VietJoy leaf tea products were very good three months after they entered the Singaporean market.
— VNA NET

Vietnam sees opportunities after US withdraws from UPU
After 140 years of use, the US has decided to leave UPU (Universal Postal Union), saying that the benefits are insufficient. The withdrawal is expected to be a great opportunity for Vietnam’s shipping and delivery service.
— Viet Nam Net

China continues attacking Vietnamese fishermen in East Sea
Vietnamese voters said that stronger protest must be made to keep the territorial waters no longer intruded and fishermen safe at sea.
— Hanoi Times

Krong Pa: hotspot for new solar energy projects
Krong Pa district in the Central Highlands province of Gia Lai is considered a good area for solar power projects as the temperatures can rise to 40oC.
— VietnamPlus

HCM City prepares for Storm No.9’s fury
HCM City is bracing for Storm No.9, known internationally as Typhoon Usagi.
— Viet Nam News

Non Nuoc Cao Bang receives UNESCO global geopark status
Non Nuoc Cao Bang received the global geopark status from the UNESCO at a ceremony held in the northern border province of Cao Bang on November 24.
— VietnamPlus

 

Feature photo James Offer

This week’s Vietnam morning news feature photo acknowledges Day of Remembrance for all Victims of Chemical Warfare, November 30.

 

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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