Vietnam morning news for April 8

Vietnam morning news for April 8
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Vietnam morning newsVietnam Wants 5% Of Population To Own Stocks
The Vietnam government is encouraging its people to have confidence in the stock market and buy more securities as provision for the future, local media noted.
— Investvine

Vietjet launches five new domestic routes
New-age carrier Vietjet inaugurated five new routes connecting Cần Thơ with Hải Phòng, Vinh, Thanh Hóa, Nha Trang and Đà Lạt at Cần Thơ International Airport on Saturday.
— Viet Nam News

Vietnam’s small vendors fight supermarkets with social media
Small vendors in Vietnam are pulling out all the stops to counter the onslaught of Western-style supermarkets, convenience stores and the like that are gradually changing the retail sector.
— Nikkei Asian Review

Agribank launches over 3,600 mobile transactions in remote areas
The Vietnam Bank for Agriculture and Rural Development (Agribank) conducted over 3,600 mobile transactions using single-purpose cars as of the late February 2019, serving more than 376,000 customers in 389 communes nationwide.

Ho Chi Minh City seeks ideas from overseas Vietnamese
Ho Chi Minh City Secretary Nguyen Thien Nhan chaired a meeting with nearly 100 overseas Vietnamese on April 6, in order to seek their ideas on how to transform Vietnam’s largest economic hub into a financial centre and creative city.
— Nhan Dan Online

Renewable energy: the future of power for Vietnam
Vietnam could meet its long-term energy demands by adding renewable energy sources and cutting-edge battery storage technologies to its arsenal of solutions, experts said at a two-day international conference on renewable energy that ended on April 4 in HCM City.

Standard and Poor’s raises Vietnam’s sovereign rating
The upgrade is a reflection of the Vietnamese economy’s rapid expansion and improvements in the government’s “institutional settings”, S&P said.
— Nhan Dan Online

HoSE to help foreign investors
In 2019, the southern Ho Chi Minh Stock Exchange (HoSE) will work on a special mechanism that allows foreign investors to trade shares of companies that have run out of room for foreign ownership, especially investors from Thailand, Malaysia and Japan.

Viettel plans to hire 500 IT engineers a year
Viettel Military Industry and Telecoms Group plans to hire around 500 IT engineers every year.
— VietnamPlus

PM orders strong economic restructuring in Soc Trang
The Mekong Delta province of Soc Trang should make strong economic structure shifting for achieving major breakthroughs in the socio-economic development in 2019, said Prime Minister Nguyen Xuan Phuc.

HCM City posts 7.64 percent GDP growth in first quarter
Ho Chi Minh City’s economy remained on the growth in the first quarter of this year, said Chairman of the municipal People’s Committee Nguyen Thanh Phong at a review meeting in early April.
— VietnamPlus

Belgium court declares Vietnamese woman innocent of drug trafficking charges
A Vietnamese woman arrested in France last year for drug trafficking has been declared innocent by a Belgium court.
— Vietnam Insider

Karaoke parlor raid nets 96 people using drugs in Vietnam
Police raided a karaoke parlor in the southernmost province of Ca Mau Sunday and found 96 using banned drugs.
— VnExpress

Firms need to go digital
In the international integration process, revitalisation and innovation are the quickest way for countries and businesses to embrace digital transformation.
— Bizhub

Fecon signs strategic cooperation deal with Japanese construction company
Accordingly, Raito Kogyo Company, one of the largest Japanese geotechnical contractors, will invest in 19 percent of Fecon, which operates in foundation engineering and underground construction, and 36 percent of Fecon’s affiliate Fecon Underground Construction Joint Stock Company.
— VietnamPlus

Banks to prioritise senior staff, capital increases at this year’s AGMs
Changes in senior personnel, listing on the securities market, raising capital and the settlement of bad debts are expected to be the top priorities of banks at their upcoming annual general meetings (AGM) this month.
— Bizhub

Stressed out Vietnamese falling mentally ill in the millions
Stress is causing mental illnesses among 15 percent of Vietnam’s 95 million people, especially the youth, the health ministry says.
— VnExpress

Tourism growth helps boost real estate expansion: insiders
The development of the tourism sector has helped attracting investment in tourism real estate, while encouraging investors to diversify their projects, products and services, held experts at the Tourism Property Forum 2019 on April 6.
— VietnamPlus

Vietnamese favor Japan, S. Korea the most for outbound travel
Japan and South Korea are the top countries that Vietnamese people desire to visit when they go abroad.
— VnExpress

Hanoi Stock Exchange eyes profit of 13.2 million USD in 2019
The Hanoi Stock Exchange (HNX) eyes 308 billion VND (13.2 million USD) in pre-tax profit in 2019, up 0.3 percent year on year, and 594.3 billion VND in total revenue, up 5.66 percent year on year.

VinFast prepares to sell its cars in Russia
The Vietnamese automaker is in the process of registering patents for its sedan and SUV models in Russia.
— Vietnam Insider

Vietnam treasures ties with Qatar: NA Chairwoman
Vietnam treasures ties with Qatar, considering the country an important partner in the region, National Assembly Chairwoman Nguyen Thi Kim Ngan said.

SMEs go digital with cloud tech
Small- and medium- sized enterprises (SMEs) in Viet Nam are making initial investments in cloud computing, cybersecurity and software and hardware upgrades, as a large majority of them begin their digital transformation journeys, according to the APAC SMB Digital Maturity Index (Index), released by Cisco on Thursday.
— Bizhub

Vietnamese culture introduced at ASEAN Bazaar in Argentina
The ASEAN Committee in Argentina, which groups the embassies of Vietnam, Malaysia, Thailand, the Philippines and Indonesia, organised an annual ASEAN bazaar on April 6, featuring a wide range of their traditional handicrafts, food and musical performances.

Each enterprise should be a centre of innovation
Deputy Prime Minister Vuong Dinh Hue said that each enterprise should be a centre of innovation amid the urgent requirements of innovation in mind and action.
— Nhan Dan Online

Hoa Binh city completes new-style rural building programme
The northern province of Hoa Binh’s Hoa Binh city was recognised for having fulfilled the new-style rural building mission as said in the Prime Minister’s Decision No.269/QD-TTg dated March 8, 2019.

Ministry mulls direct power sale
Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) is considering allowing companies that use a lot of power to buy electricity directly from power plants.
— VietnamPlus

Quang Tri moves 240kg wartime bomb from local school
A wartime bomb, weighing 240 kg, was safely transported out of the Cua Tung secondary school in Vinh Linh district, the central province of Quang Tri, on April 7.

Vietnam attends opening ceremony of IPU-140
National Assembly Chairwoman Nguyen Thi Kim Ngan and a Vietnamese delegation attended the opening ceremony of the 140th Assembly of the Inter-Parliamentary Union (IPU-140) in Doha, the capital city of Qatar on April 6 (local time).

Vietnamese in Laos hold ceremony in honour of Hung Kings
A first-ever ceremony commemorating the death anniversary of Hung Kings, the legendary founders of Vietnam, took place at the headquarters of the General Association of Vietnamese in Laos on April 6.


Feature photo Max Pixel


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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