Vietnam morning news for September 18

Vietnam morning news for September 18

Vietnam morning newsVietnam to complete eastern section of north-south expressway project by 2021
The transport ministry has completed the feasible study of the project`s eastern section with length of 654 kilometers and investment capital of VND118.71 trillion (US$5.07 billion).
— The Hanoi Times

Vietnam’s first-ever car brand in the making
Vingroup is poised to launch Vietnam’s first-ever car brand, as it has invested more than $3 billion in a production line that is expected to churn out its first cars in 2019.
— Deutsche Welle

Seven people die of drug overdoses at Vietnam music festival
Seven people have died of suspected drug overdoses at a music festival in Vietnam.
— The Independent

Vietnam qualified to export catfish to the US
The Food Safety and Inspection Service (FSIS) under the US Department of Agriculture recently proposed that Vietnam would be eligible to export catfish and other fish products to the US market, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
— Nhan Dan Online

Wood exports hoped to reach 9 billion USD ahead of schedule
With large shipments in the first eight months, Vietnam’s forestry sector expects to fulfill this year’s export target of 9 billion USD a month ahead of schedule.
— VietnamPlus

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Wind power price rise a positive sign for VN’s renewable energy development
The statement was made by Tobias Cossen, project director of the ‘Support to Up-Scaling of Wind Power in Viet Nam’ project under the German international development agency (GIZ)’s Energy Support Programme.
— VietnamNet Bridge

Vietnam, Malaysia State audit agencies foster cooperation
Vietnamese Auditor General Ho Duc Phoc held talks with his Malaysian counterpart Madinal Binti Mohamad who is in Vietnam to attend the 14th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI).
— Nhan Dan Online

FTAs promise bright prospects for Vietnam’s garment-textile
Free trade agreements (FTAs) in which Vietnam has joined are great momentum for the domestic garment-textile industry to attract investment, said an official of the Vietnam Textile and Apparel Association (VITAS).
— VietnamPlus

Vietnam posts record trade surplus of US$4.69 billion in 8 months
Vietnam`s trade turnover in the first eight months of 2018 stood at US$312.13 billion, up 14.5% or US$39.6 billion year-on-year.
— The Hanoi Times

Super Typhoon Mangkhut to let off Vietnam lightly
Weakening en route to China’s Guangdong Province, Super Typhoon Mangkhut could trigger heavy downpours in north Vietnam.
— VnExpress

Vietnam’s Rights Violations Put Trade Deal with EU at Risk
The European Union (EU)’s efforts to finalize a free trade deal with Vietnam are at risk because of Vietnam’s poor human rights record.
— Human Rights Watch

BCG Starts construction of US$42-million solar power plant in Long An
The project is the first solar power plant in Mekong Delta province of Long An.
— The Hanoi Times

Vietnam, China, Thailand in line for FSIS approval on inspection equivalence for pangasius
The Food Safety and Inspection Service (FSIS) of the United States Department of Agriculture will declare the fish inspection systems for siluriformes in Vietnam, China, Thailand are equivalent to U.S. standards.
— Seafood Source

Vietnam ranks second globally in terms of savings: survey
Up to 70 percent of Vietnamese consumers put their spare cash into savings, ranking second globally, according to the Global Consumer Confidence Survey recently issued by Nielsen and The Conference Board.
— VietnamPlus

Ha Noi to build 48.5-hectare urban area in Bac Tu Liem
Ha Noi People’s Committee has approved a 1:500 scale plan of Vibex urban area which covers more than 48.5 hectares in Bac Tu Liem District with a population of 7,000.
— VietnamNet Bridge

Vietnam’s Phu Quoc in Asia-Pacifics top five destinations to visit this autumn: CNN
CNN has selected the top five up-and-coming Asia Pacific destinations to visit this autumn, including Phu Quoc island off Vietnam’s southern Kien Giang province, Vietnam News Agency reported Monday.
— Xinhua

Shift from 11 to 10-digit phone numbers officially begins
Several days ago, mobile operators MobiFone, Viettel, and VinaPhone sent notices about the shift to all subscribers. Accordingly, aiming to shorten the shifting time, the operators integrated the task into their mobile applications.
— Vietnam Insider

Kien Giang Province calls for investment in 81 projects
The Mekong Delta province of Kien Giang is calling for investment in 81 projects in fields such as tourism, commerce, the environment and high-tech agriculture.
— Bizhub

Restrictions on real estate credit bearing fruit
One day in July, Ms. Nguyen Mai Phuong, a 45-year-old businesswoman living in Ho Chi Minh City’s Binh Thanh district, visited a few banks to seek a loan of VND2.5 billion ($110,000) to purchase land.
— VietnamNet Bridge

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Sendo partners with DHL eCommerce for domestic delivery in Vietnam
DHL eCommerce, a division of the world’s leading logistics company, Deutsche Post DHL Group (DPDHL), announced its partnership with Sendo, Vietnam’s #1 local e-commerce platform.
— Asia One

AgriNurture inks rice supply deal with Vietnam’s Vinafood
AgriNurture Inc on Monday said it signed an exclusive supply $1 billion agreement with Vietnam Southern Food Corp (Vinafood) for rice importation.
— ABS-CBN

In Photos: Plastic waste pollutes Mekong basin in Vietnam
Plastic bags hang from the branches of mangrove trees lining a tributary of the Mekong River in the southern Vietnamese province of Soc Trang on Aug. 23, 2018.
— Mainichi

Make or break time for Vietnamese e-wallets
Big moves by some players are exerting severe pressure on many e-wallet service providers in Vietnam.
— Vietnam Insider

Olam named one of best companies to work for in Vietnam by HR Asia
Olam Vietnam was selected by the human resource publication in its inaugural list of Best Companies to Work for in Asia 2018 Awards – Vietnam Edition. This was Olam’s second time on the list this year – having received the same accolade for Olam Indonesia in the Indonesia edition of the award in May 2018.
— Vietnam Insider

Vietnam Land Rights Activist Do Cong Duong Handed 48-Month Jail Term
A court in the northern Vietnamese province of Bac Ninh sentenced land rights activist and citizen journalist Do Cong Duong 48 months in prison on Monday for “disturbing public order,” his lawyer told RFA’s Vietnamese Service.
— Radio Free Asia

Phu Quoc to drive Delta growth
Phu Quoc Island in the Mekong Delta province of Kien Giang is pouring more investment in tourism and transport infrastructure to become a driving force for development in the region.
— Bizhub

University freshwoman crowned Miss Vietnam
Tran Tieu Vy, a 18-year-old student at the Ho Chi Minh City University of Technology and Education, became Miss Vietnam 2018 on Sunday night after topping a national beauty pageant which promotes beauty, knowledge and kindness.
— Xinhua

Startups should be more entrepreneurial: executives
The spirit of entrepreneurship is key to the development of startup businesses in Southeast Asia and for Vietnamese startups in particular, according to Dinh Thi Quynh Van, general director of PricewaterhouseCoopers (PwC) Vietnam.
— Bizhub

Vietnam becomes increasingly attractive to foreign investors
Vietnam has become an increasingly attractive destination for foreign investors.
— Saigon News

State audit agencies foster co-operation
Auditor General Hồ Đức Phớc held talks with his Malaysian counterpart Madinal Binti Mohamad, who is in Việt Nam to attend the 14th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI).
— Viet Nam News

VN and South Korea discuss tax policies
Simplified tax and customs procedures would attract more foreign investors to Việt Nam, said South Korean Ambassador Kim Do-huyn at a conference in Hà Nội on September 17.
— Viet Nam News

Japanese submarine docks in Vietnam
A submarine from Japan’s Maritime Self-Defense Force has traveled to southern Vietnam for the first time, in an apparent show of resistance against China.
— NHK World

 

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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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