Vietnam morning news for August 8

Vietnam morning news for August 8

Vietnam morning newsVietnam investigates anti-dumping on imported plastic products
The Ministry of Industry and Trade (MoIT) has issued Decision No.2334/QD-BCT on launching anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.
— VietnamPlus

Vietnam sees US$55 billion in M&A deals made in a decade
Over the past 10 years, M&A activities in Vietnam have been growing strongly and become an indispensable part of the investment – business ecosystem in Vietnam.
— The Hanoitimes

EU stumps up $11mln for Greater Mekong wildlife conservation
The European Union (EU) has teamed up with wildlife and conservation groups in the Greater Mekong region, Malaysia, and China to try and disrupt the flow of illegally trafficked wildlife through the region.
— AEC News Today

South China Sea: Vietnam Has A Smart Strategy To Stop China
Vietnam has a smart strategy to stop China from taking over the entire South China Sea, teaming up with a power Beijing cannot afford to antagonize these days: Russia.
— Forbes

Việt Nam earns $1.73 billion from rice exports in first seven months of 2019
Việt Nam exported 4.01 million tonnes of rice worth US$1.73 billion in the first seven months of 2019, up 2.1 per cent in volume but down 14.3 per cent in value from the same period last year, according to the Ministry of Agriculture and Rural Development.
— Viet Nam News

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Vietnam trade surplus at $1.8B
Vietnam posted a trade surplus of $1.8 billion in the first seven months of the year, much lower than the $2.6 billion trade surplus seen in the same period last year, the latest report from the General Statistics Office (GSO) revealed.
— The Phnom Penh post

Vietnam faces bumpy road to be attractive destination for hi-tech investors
With limited resources, this is now time for Vietnam to consider placing importance on high-quality capital in order to elevate its labor qualification, technology and protect the environment.
— The Hanoitimes

Vietnam jumps 50 places on global cybersecurity index rankings
Vietnam ranked 50th on the Global Cybersecurity Index (CGI) rankings in 2018, up 50 places from a year earlier, according to a report by the International Telecommunications Union (ITU).

VN’s logistics firms remain small despite potential
There are 4,000 Vietnamese businesses operating in the logistics field but most of them are small-scale with weak human resource quality, the Ministry of Industry and Trade (MoIT) reported.
— Viet Nam News

Hanoi narrows ‘made in Vietnam’ to block Chinese detours
The Vietnamese government is toughening standards for items to qualify as made in Vietnam, Nikkei has learned, seeking to address American concerns over Chinese goods being exported indirectly through the Southeast Asian country.
— Nikkei Asian Review (paywall)

Agricultural export value up 2% in first seven months of 2019
The agricultural sector gained US$23.03 billion from farming, forestry and fishery exports in the first seven months of this year, a year-on-year increase of 2 per cent, according to the Ministry of Agriculture and Rural Development (MARD). The figure includes $3.55 billion of exports in July.
— Viet Nam News

Health ministry instructs healthcare providers to prepare for coming heatwave
The Ministry of Health has ordered health facilities to map out response plans for a possible water shortage amid forecasts of a prolonged heatwave expected to hit the country in the coming days, especially in the central region.
— Viet Nam Net

Building positive business values to integrate globally
Building a positive company culture is not only building a business brand and a national image, but an effective bridge for local enterprises to sustain development and integrate successfully into the global economy.
— Viet Nam News

Chinese ship heads away from Vietnam in South China Sea standoff
A Chinese survey ship which has been embroiled in a tense month-long standoff with Vietnamese vessels has headed away from Vietnam’s Exclusive Economic Zone (EEZ), a Washington-based think tank said on Wednesday.

Hai Phong government office gives up one-time plastic products
The Hai Phong People’s Committee Office has stopped using one-time plastic products as part of its effort to combat pollution.
— VnExpress

No transaction fee for life, unlimited cash back and 1000 gold rewards with VIB package
Vietnam International Bank (VIB) recently introduced two packages, Sapphire and Gold, with unparalleled benefits: no transaction fee, withdrawal fee, transaction account management fee, and International Debit Card (IDC) maintenance fee.
— Vietnam Insider

Minister underlines urgent need to improve labour productivity
Minister of Planning and Investment Nguyen Chi Dung has stressed the urgent significance of improving labour productivity in promoting growth, overcoming the middle-income trap, avoiding falling behind and narrowing down development gap with other countries.
— VietnamPlus

Vietnam always creates favorable conditions for investors
Vietnamese Prime Minister Nguyen Xuan Phuc praised long term and large- scale investment projects from the Techtronic Industries Vietnam Group (TTI) at the meeting with with Mr. Horst Julius Pudwill, the president of TTI yesterday.
— Sggp News

Vietnam: 4 GW PV Installation Finished in Past Two Months
According to latest statistics from Electricity of Vietnam ( EVN ), The country has 82 solar power plants connect to power network in past two months, with total 4,464 MW, and it accounts about 8.28% in Vietnam electricity supply mix, which is far more than the 1,000MW target set for 2020.
— PV Magazine

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Govt support and young population set Vietnam’s startup scene abuzz
VIETNAM, one of South-east Asia’s strongest-performing economies, is emerging as a hot startup hub in the region, courtesy of its young and digitally-savvy population and a government intent on turning the country into a technology powerhouse.
— Business Times

Port Infrastructure in Vietnam: 3 Regional Hubs for Importers and Exporters
Vietnam’s 1,900 miles of coastline and 320 ports increasingly serve an important role in global trade. In the first half of the year, Vietnam’s container traffic rose three percent year-on-year, while Hong Kong’s dropped eight percent.
— Hellenic Shipping News

As Vietnam ages, retiree employment on the cards
Vietnam should consider employment for retired people as its population ages, the labor minister said Tuesday.
— VnExpress

More than US$22 billion of FDI capital invested in Mekong Delta provinces
Mrs. Huynh Thien Trang, deputy director of the Vietnam Chamber of Commerce and Industry – Can Tho Branch, said at a conference held on August 6 to welcome import enterprises from Singapore and other countries to Can Tho City to study the potential and business opportunities here that Mekong Delta provinces were invested more than US$22 billion from the foreign direct investment (FDI) capital.
— Sggp News

FLC to increase capital with $129 mln rights issue
Property and leisure company FLC Group plans to increase its charter capital by VND3 trillion ($129.12 million) by issuing shares to existing shareholders.
— VnExpress

Tung Ho Steel Vietnam Picks Danieli for Phu My Rolling Mill Upgrade
Tung Ho Steel Vietnam again chose Danieli to upgrade its 600,000-tpy flexible rolling mill in Phu My.
— Steel Guru

Building positive business values to integrate globally
Building a positive company culture is not only building a business brand and a national image, but an effective bridge for local enterprises to sustain development and integrate successfully into the global economy.
— VietnamPlus

Gold hits VND41 million per tael
Saigon Jewelry Company bought gold at VND40.5 million per tael and sold at VND40.8 million per tael at 4.30 p.m. in Ho Chi Minh City, an increase of VND300,000 per tael over the previous day.
— Sggp News

Vietnamese southern province hit by bird flu, over 10,000 chickens culled
Vietnam’s southern Ba Ria Vung Tau province has seen first outbreaks of A/H5N6 bird flu which have led to the culling of 10,500 chickens, local media reported on Tuesday.
— Brinkwire

Vietnam: Heroes rise from typhoon’s destruction
Typhoon Wipha has finally left Vietnam, leaving in its wake a trail of death and destruction.
— The Phnom Penh Post

Programme to honour business initiatives for sustainable development
“Én Xanh (Blue Swallow) 2019 – Drive social business initiatives for sustainable development” has returned for a second time after being launched in 2017.
— Viet Nam News

VN stocks gain slightly amid global market concerns
Vietnamese shares inched up on Wednesday morning as investors sought safe investment in banks, retailers and food and beverage companies.
— Viet Nam News

German investors explore investment opportunities in Vietnam’s HCMC
German investors visited Ho Chi Minh City to explore investment opportunities in Ho Chi Minh City, the southern hub of Vietnam and hosted by Secretary Nguyen Thien Nhan.
— Vietnam Insider

BE Group launches beExpress and beDelivery
The BE Group JSC, the owner and developer of the “be” app, officially announced the introduction of beExpress and beDelivery services on August 5.
— Vietnam Insider

Why Merchants in Vietnam don’t like credit cards?
Vietnamese merchants dislike credit card payments, and they are not alone. Vendors across the world are refusing to serve credit card customers.
— Vietnam Insider

Russian Digital Ministry Announces Kaspersky-Vietnam Collaboration
Russian software firm Kaspersky Lab has signed a contract with Vietnam to help its cybersecurity agency build an antivirus program, the Russian Ministry of Digital Development said on Wednesday.
— Urdupoint

Vietnam and Malaysia see increasing dengue cases
While the dengue fever situation in the Philippines has got to the point where health officials had to declare a national dengue epidemic, neighboring southeast Asian countries are also reporting increases in the mosquito-borne illness. Both Vietnam and Malaysia have seen recent increases.
— Outbreak news today

Vietnam’s Ho Tram Beach Welcomes Cool New Beach Club
Meliá Ho Tram Beach Resort has opened Vietnam’s first Spanish beach club, with panoramic views of one of the country’s best beaches, entertainment in spades and a distinct Mediterranean vibe.
— Livetradingnews

Vietjet inks MoU with Swift247 and Grab
Vietjet Aviation Joint Stock Company (Vietjet) will team up with Swift 247, a technology start-up providing super express air delivery service (Swift247) and Grab to develop solutions for connecting road and air travel to customers across Southeast Asia.
— Viet Nam News

Japanese firm to build ingredient plant in Cần Thơ
Japanese food and ingredient firm Takesho plans to build a plant to process shrimp heads and shells, CEO cum chairman Toshinao Tanaka said at a meeting on Tuesday.
— Viet Nam News

FTAs force Vietnam to reform business environment: Experts
Vietnam is said to change its regulatory framework to tap potential offered by FTAs.
— The Hanoitimes


Feature photo The Paper Planes Blog

This week’s Vietnam morning news feature photo focus on International Day of the World’s Indigenous Peoples,  August 9.


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).


About Vietnam morning news.

Vietnam morning news roundup is the most comprehensive hand-curated selection of Vietnam English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Vietnam English language news today.

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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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