Vietnam morning news for December 16

Vietnam morning news for December 16
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Vietnam morning news

Việt Nam ranks second in fintech investment in Southeast Asia
Venture capital funding pouring into Vietnamese fintech companies accounted for 36 per cent of the total fintech investment in Southeast Asia.
— Viet Nam News

Vietnam targets US$100-billion textile exports by 2030: PM
In 2019, the industry is estimated to have exports of US$39 billion, up 7.55% year-on-year and around US$1 billion lower than the target of US$40 billion.
— The Hanoitimes

Lower tax for imported pork to benefit consumers
With a population of nearly 100 million, Việt Nam is one of the world’s top pork consumers and second in Asia, only after China.
— Viet Nam News

Vietnam scoops fourth in Southeast Asia food security ranking
Fourth in Southeast Asia and 54th in the world, Vietnam performs well on Economist Intelligence Unit food security index.
— VnExpress

Vietnam urged to stop building new coal-fired power plants
A halt to investment in new coal-fired power plants is required to check the trend of increasing coal consumption, a report warns.
— Dodsondigest

Kingdom, Vietnam vow to work out border issues
Cambodia and Vietnam are committed to working out the remaining 16 percent of border demarcation between the two nations and also pushing trade volume to more than $5 billion next year.
— Khmer Times

Banks issues more chip cards for security
Despite high costs, domestic banks are stepping up to issue chip cards that meet EMV standards to replace magnetic strip cards in order to improve the safety and meet the central bank’s regulations.
— Viet Nam News

Vietnam adds 800 kilometers of highways to national plan
The Transport Ministry has added nearly 800 kilometers of new highways to the national plan, increasing their total length to 7,200 kilometers.
— VnExpress

Việt Nam’s fruit and vegetable export value falls in 11 months
Việt Nam’s fruit and vegetable exports dropped 0.6 per cent year-on-year to US$3.5 billion in the first 11 months this year, according to the Ministry of Agriculture and Rural Development.
— Viet Nam News

Service sector sees biggest increase after GDP recalculation
​The service sector saw the biggest increase after Vietnam’s GDP reevaluation, adding VND315-615 trillion ($13.6-26.5 billion) each year between 2010 and 2017.
— VnExpress

Vietjet leader only Vietnamese in the world’s most powerful women list of 2019
Vietjet’s president and CEO Nguyễn Thị Phương Thảo has been named in Forbes’ list of 100 most powerful women in 2019, following her inclusion on the list of Asia’s most powerful women.
— Viet Nam News

UK firm launches new cruise linking Cambodia, Vietnam
Leading tour specialist Wendy Wu Tours last week officially launched a new cruise service linking Can Tho, in southern Vietnam’s Mekong Delta region, with Phnom Penh.
— Khmer Times

Rubber firms plan 30-50 per cent dividend in cash
Phước Hòa Rubber JSC will make the first dividend payout at a 30 per cent rate for 2019, meaning every shareholder will receive VNĐ3,000 (13 US cents) per share.
— Viet Nam News

State revenue unlikely to fall despite numerous FTAs
Reduced revenue from removing taxes on imported goods – in accordance with various free trade agreements (FTA) that Việt Nam has signed – is unlikely to affect state revenue, said the finance ministry in a conference held Thursday in Hà Nội.
— Viet Nam News

Could Syria become Iran’s ‘Vietnam’?
Israeli Defense Minister Naftali Bennett warned Iran that although it appeared to be establishing a ring of fire around Israel, Syria could be Iran’s Vietnam.
— JPost

Vietnam’s First Automaker VinFast Eyeing U.S. Launch In 2021
We can’t deny that VinFast made waves at the 2018 Paris Motor Show. Being Vietnam’s first mass-produce automaker wasn’t just the headline; the VinFast cars themselves look eye-catching, which was expected since they were designed by Pininfarina.
— Motor1

Officials Want to Limit Vietnam’s Work Week to 40 Hours
Officials in Vietnam are campaigning to reduce the country’s legal work week from 48 hours to 40 hours.

Maersk opens new logistics centre in Vietnam
Maersk has launched its new logistics centre in the Bac Ninh province, in Vietnam, to address the needs of a high-demand North Vietnam market
— The Meditelegraph

Foreign diplomats briefed on Vietnam’s ASEAN chairmanship in 2020
Deputy Minister of Foreign Affairs Nguyen Quoc Dung has hosted a briefing on Vietnam’s ASEAN chairmanship in 2020 with the attendance of nearly 70 ambassadors, chargé d’affaires and representatives of the embassies of ASEAN countries and ASEAN’s development partners in Hanoi.

Trade pacts cost Vietnam $558 million in import duties
Vietnam has foregone VND13 trillion ($558 million) in import duties in the first 11 months of this year as per signed trade pacts.
— VnExpress

State revenue unlikely to fall despite numerous FTAs
Reduced revenue from cutting taxes on imported goods in accordance with various free trade agreements (FTA) Vietnam had signed was unlikely to affect State revenue, said the finance ministry in a conference held on December 12 in Hanoi.
— VietnamPlus

Launch of applications to protect Vietnamese child on internet
The Department of Child Affairs, Microsoft Vietnam, and ChildFund Vietnam yesterday officially launched the child protection applications.
— Sggp News

Hanoi becomes official member of UNESCO’s Creative Cities Network
Chief Representative of the UNESCO Office in Vietnam Michael Croft presented a certificate recognising Hanoi as an official member of the UNESCO’s Creative Cities Network to Chairman of the municipal People’s Committee Nguyen Duc Chung at a a ceremony in the capital on December 13.
— VietnamPlus

Vietnam braces for Tet air travel upsurge
Air travel demand will increase by 12 percent to 12 million passengers for the upcoming Tet, the Lunar New Year festival.
— VnExpress

Vietnam’s trade surplus hits record high of US$11 billion in Jan-Nov
The FDI sector posted exports of US$165.03 billion in the January – November period, up 4.1% year-on-year, accounting for 68.3% of Vietnam’s exports.
— The Hanoitimes

Central Vietnam market presents seafood treasures
The Nai market in Ninh Thuan bustles in the afternoon as customers from near and far coming to buy freshly caught seafood at reasonable prices.
— VnExpress

Nine Vietnamese dishes that have captured the world’s imagination
Vietnam’s growing global culinary reputation is exemplified by some unique recipes conjured up in different parts of the country.
— VnExpress

Hue set to achieve federal city status by 2025
Hue, Vietnam’s former imperial capital, will become the country’s sixth centrally-managed city by 2025, alongside Hanoi, HCMC, Hai Phong, Da Nang and Can Tho.
— VnExpress

International sports brands increase production in Vietnam
The Vietnam Leather, Footwear and Handbag Association (Lefaso) said that some famous sports brands in the world have been increasing processing orders in Vietnam.
— Sggp News

Ho Chi Minh City ‘sidewalk captain’ Doan Ngoc Hai leaves job at state-owned company
Ho Chi Minh City’s ‘Captain Sidewalk’, Doan Ngoc Hai, has officially been relieved of his position at a local construction corporation, six months after handing in a letter of resignation.
— Vietnam Insider

Hanoian sentenced to death for familicide
A man received capital punishment Thursday for killing four family members, including his brother, sister-in-law, and niece in September.
— Vietnam Insider

Việt Nam prioritises oil and gas cooperation projects with Russia: PM
The Vietnamese Government always gives top priority to oil and gas cooperation projects with Russia, said Prime Minister Nguyen Xuân Phúc at a reception for General Director of Zarubezhneft JSC Sergey Ivanovich Kudryashov in Hà Nội on Friday.
— Viet Nam News

Germany looks to draw human resources from Vietnam
Germany will promote the attraction of human resources from Vietnam and other countries in Asia and South America due to a serious shortage of labour force in the coming time, according to a local official.
— VietnamPlus

Revised GDP in line with international practices
Across the world, most countries conduct regular GDP re-assessments depending on available information, the scope and purpose of the review.
— Viet Nam News

Top 10 things to see and do in Phu Quoc
Phú Quốc is a Vietnamese island off the coast of Cambodia in the Gulf of Thailand. Yes, it’s closer to Cambodia than Vietnam.
— The Thaiger

Vietnam to be guest of honour at Havana book fair 2020
Vietnam will be the guest of honour at the International Havana Book Fair 2020, according to the Cuban Ministry of Culture.
— Sggp News

Vietnam vets encouraged to apply for Honor Flights
The Veterans Honor Flight of North Dakota and Minnesota is accepting applications from military veterans who served through May 7, 1975.
— Grandforksherald

Vietnam, Czech Republic step up environmental cooperation
Vietnam and the Czech Republic will enhance environmental collaboration under an action plan for cooperation during 2020-2025 signed between Minister of Natural Resources and Environment Tran Hong Ha and his Czech counterpart Richard Brabec in Prague on December 13.

75th anniversary of Vietnam’s People Army marked in Laos
The Vietnamese Embassy and Defence Attaché Agency in Laos held a ceremony in Vientiane on December 13 to celebrate the 75th founding anniversary of the Vietnam People’s Army (VPA) and the 30th All-People’s Defence Festival (December 22).
— VietnamPlus

Mekong Delta’s main flower, ornamental plant growing district affected by saltwater in rivers
The unusually early saltwater intrusion this year is threatening the farming of flowers and ornamental plants in Bến Tre Province’s Chợ Lách District, the Cửu Long (Mekong) Delta’s largest producer of flowers and ornamental plants.
— Viet Nam Net


Feature photo People’s Army Newspaper

This week’s Vietnam morning news feature photo focus on International Human Solidarity Day, December 20.


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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