Vietnam Morning News For December 30, 2019

Vietnam’s Ho Chi Minh city ranked 3rd among the best cities in the world to live
As the New Year approaches, many people will probably start to think of ringing in new changes to their lives. And for many, that may mean finding a new place to live in.
— Vietnam Insider

Vietnam ex-minister gets life sentence for bribery
A court in Vietnam sentenced a former communications minister to life in prison Saturday for receiving millions of dollars in bribes, as the hardline administration presses its anti-graft drive against once-powerful figures in the communist state.
— The Asean Post

Vietnam to Punish Firms for Trade Fraud in China-Product Probe
Vietnam will punish four companies for fraudulent labels on products from China that the firms claim were made locally, as authorities expand their crackdown.
–Bloomberg

Vietnam firm gets the go-ahead to ship Cambodian bananas to Chinese markets
Listed company Honng Anh Gia Lai Agrico (HAGL Agrico), a Vietnam conglomerate firm, on Saturday officially launched its packing house facility and began shipping fresh bananas to China in response to the rapidly rising demand in the market.
— Khmer times

HCM City targets 7.6 per cent industrial growth in 2020
The HCM City Department of Industry and Trade is targeting 7.6 per cent growth in industrial production and 12 per cent growth in retail sales of goods and services in 2020.
— Viet Nam News

Export turnover might reach target this year
According to the Ministry of Industry and Trade, up to now, export turnover has hit US$264 billion, a short of $4 billion to achieve the export target set for this year. However, the ministry said that the country will meet that goal when the year 2019 ends.
— Sggp News

Tech sector revenue expands nearly 9 pct in 2019
Technology, information and communications enterprises recorded VND3.1 quadrillion ($134 billion) in revenue in 2019, up 8.8 percent year-on-year.
— VnExpresss

Vietnam welcomes record number of foreign visitors in 2019
Vietnam greeted over 18 million international tourists in 2019, the highest level so far, according to the General Statistics Office.
— VietnamPlus

Vietnam continues its active and effective contributions to promoting global peace and cooperation
From January 1, 2020, Vietnam will officially assume the role of a non-permanent member of the United Nations Security Council (UNSC) for the 2020-2021 tenure, holding the UNSC presidency right in the first month of the year.
— NDO

Across China: Cross-border e-commerce boosts trade in China-Vietnam border county
Vietnamese businesswoman Doan Kim Yen bought quite a lot of Chinese goods from local e-commerce platform Shopee on Dec. 12, also known as Double 12, an online shopping bonanza that originated in China and has gained popularity in Vietnam.
— Xinhua

Keeping 2020 inflation below 4 pct will be difficult: official
Keeping CPI below 4 percent next year will be a tough task, challenging with prices of pork and other essentials being unpredictable variables.
— VnExpress

Nestle faces new rival as Vietnam targets instant coffee market
After quietly supplying coffee addicts their daily fix for decades, Vietnam is preparing to take on Nestle SA and its Asian rivals to reach them faster.
— FMT

Increasing quality of seafood products for better competitiveness
The prices of material pangasius fish have declined for a long time, causing several farmers in the Mekong Delta provinces to suffer huge losses.
— Sggp News

Vietnam’s foreign reserves surge 2.5 times from 2015’s figure
Vietnam’s foreign reserves have surged 2.5 times against 2015, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said.
— Vietnam Net

Feature: Friendship singing contest helps promote China-Vietnam ties
“Just like nightingales, we want to bring our songs to all over Vietnam, China and other countries,” Nguyen Thi Ngoc Ha, the Vietnamese winner of the China-Vietnam Friendship Singing Contest 2019 Final said here on Saturday night.
— Xinhua

Deputy PM meets delegates to Vietnam-China People’s Forum
Deputy Prime Minister and Foreign Minister Pham Binh Minh on December 28 hosted a reception for delegates to the 11th Vietnam-China People’s Forum.
— NDO

Textile: key lessons from Vietnam
Top advisors to the prime minister of Pakistan have continuously asserted that Pakistan’s economy is improving, but not in a way that has created jobs.
— Daily Times

Public forum idea for border work transparency shot down
Sok Touch, president of the Royal Academy of Cambodia, yesterday shot down a suggestion that the government should hold public forums to ensure transparency as it demarcates the border with Vietnam.
— Khmer Times

A Vietnam vet with terminal cancer wanted snow for Christmas, so his family brought it to him… in Florida
This year, a Vietnam veteran with terminal cancer had only one wish for Christmas: He wanted to make a snow angel.
— Taskandpurpose

PM lauds information-communications sector’s achievements
Prime Minister Nguyen Xuan Phuc hailed comprehensive progress in the information and communications sector this year during its conference in Hanoi on December 28.
— NDO

Vietnam Attracts More Foreign Direct Investment
Details are still settling on the first phase of a trade deal between the United States and China. One country that has benefitted from the recent trade tension is Vietnam — and other countries in the region are taking note.
— Vietnam Insider

Vietnam’s credit growth slows down amid strong GDP expansion
Vietnam’s economic growth continues to be driven by the resilient foreign sector and robust domestic consumption.
— The Hanoitimes

Vietnam’s business formations rise to record high
Average registered capital per newly-established enterprise reached VND12.5 billion (US$540,889) during this period compared to the past few years, up 11.2% year-on-year.
— The Hanoitimes

Vietnam Court Jails Former Ministers, Executives for Graft
A Vietnamese court Saturday sentenced an ex-minister to life in prison in a multimillion-dollar corruption case that also saw another minister and a dozen executives receive lengthy prison terms, state media reported.
— VOA

North Korean Fighter Pilots Battled American Jets Over Vietnam
In the year 2000, a visit by North Korea’s foreign minister to a cemetery in Bac Giang, Vietnam confirmed a long-rumored fact: dozens of North Korean pilots had dueled American Navy and Air Force pilots over the skies of Vietnam during the 1960s. And fourteen North Korean Air Force did not return alive.
— National Interest

Vietnam, China hold negotiations on sea-related issues
Vietnam and China held their 12th round of negotiations regarding the seas beyond the mouth of the Gulf of Tonkin and their 9th round of talks for consultation on cooperation for mutual development at sea in Beijing last Wednesday and Thursday.
— Inquirer.net

Vietnam on right track in fighting against IUU fishing
The European Commission (EC) Inspection Delegation on illegal, unreported, and unregulated (IUU) fishing appreciated and gave thanks for the commitments and political determination as well as the great efforts made by Vietnam in the fight against IUU fishing and the implementation of the EC’s recommendations.
— NDO

F1 Vietnam Grand Prix’s remaining tickets go on sale
The Vietnam Grand Prix Company on December 28 launched sales for tickets for the two last stands and ‘Paddock Club’ tickets for the Formula 1 VinFast Vietnam Grand Prix, which is slated to begin on April 3, 2020 in Hanoi.
— VietnamPlus

2019: Eight defining events for Vietnam
Among the high profile events that marked the year for Vietnam, VnExpress presents a selection of eight landmarks and milestones.
— VnExpress

Christmas lights, tangled in trade war, show Vietnam’s struggle
In living rooms across the U.S. and the world, Christmas lights this year tell a complicated trade-war tale that stretches all the way to Vietnam.
— Sentinel source

Thaco exports Vietnamese branded buses to Philippines
Truong Hai Auto Corporation (Thaco) held a ceremony in the central coastal province of Quang Nam on December 28 to hand over 15 Vietnamese branded buses for export to the Philippines.
— VietnamPlus

Indonesia wins deals worth 16 bln VND at Vietnam Expo 2019
Indonesian firms reached deals worth 16 billion VND (695,000 USD) at the Vietnam Expo 2019 that took place earlier this month in Ho Chi Minh City, said Chief Indonesian Trade Attaché in Hanoi Mohammad Iqbal Djamil.
— VietnamPlus

SIMON PARRY visits the region of Vietnam where 39 migrants began their journey
Here, such is the fierce desire to begin life anew in England, many consider the dangers of being trafficked thousands of miles a risk worth taking, and the deaths simply bad luck.
— Sky Statement

HCM City: Group wedding held for disabled people
A group wedding ceremony was organised for 50 couples with disabilities at Giac Ngo Pagoda in District 10 of Ho Chi Minh City on December 27.
— Vietnam Net

Feature photo Magalie L’Abbé

This week’s Vietnam morning news feature photo focus on environmental concerns throughout Asean — toxic traffic jams.

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).

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