Vietnam morning news for January 17

Vietnam morning news for January 17
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Vietnam morning news

Petrol prices kept unchanged in latest review
The retail prices of oil and petrol will be kept unchanged for the next 15 days, the ministries of Finance and Industry and Trade announced on January 16.

Vietnamese goods campaign promote local firms’ development
A campaign urging local people to buy “Made-in-Viet Nam” products has helped develop businesses across the country.
— Vietnam News

HCMC, Hanoi among most dynamic growing cities
HCM City and Hanoi remained among the global Top 10 most dynamic growing cities in JLL’s Short-Term City Momentum Index (CMI) 2019, which tracks socio-economic and commercial real estate growth in 131 cities over a three-year period.
— Vietnam News

Ha Nam pledges to create optimal conditions for FDI firms
Ha Nam authorities will always accompany and create all favourable conditions for foreign direct investment (FDI) enterprises to invest and expand production in the province, said a provincial leader.

New Vietnam Stock Exchange Set Up As Umbrella For Hanoi And HCMC Bourses
The Vietnam government has set up a new state-owned stock exchange company, Vietnam Stock Exchange (VSE), which will operate as an umbrella company for the two existing exchanges in the country.
— Investvine

Technical safety tests target container trucks
The Vietnam Register (VR) has asked its branches nationwide to increase technical safety examinations of vehicles, particularly container trucks, coaches and tractor trailers, as part of measures to improve traffic safety.

CPTPP tariff cuts may not reduce auto prices
The prices of imported automobiles in the Vietnamese market may not reduce as much as expected after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect on Monday, according to the Ministry of Industry and Trade.
— Vietnam News

Cashless payments an irreversible trend: SBV
An entrenched cash using habit and safety concerns are the main reasons for people not to switch to non-cash payments, a workshop heard in Ho Chi Minh City on January 15.

Vietnam: Ninh Thuan province to switch to new crops in 2019
Vietnam’s south central coastal province of Ninh Thuan will change the structure of nearly 1,200 hectares of crops to increase output and farmers’ income this year. It is seen as a response to climate change.
— Fresh Plaza

Vietnamese NA pledges to share working experience with Laos
The Vietnamese National Assembly (NA) stands ready to share its experience in dealing with specific topics regarding question and answer and inspection work with its Lao counterpart, NA Chairwoman Nguyen Thi Kim Ngan has said.
— VietnamPlus

Standard Chartered predicts stable economic growth for Vietnam in 2019
Standard Chartered Bank has forecast that Vietnam will see a stable economic growth of 6.9 percent in 2019, buoyed by strong FDI-supported manufacturing industry.

Measles is back in HCMC, doctors blame failure to get vaccinated
Ho Chi Minh City is in the grip of a measles epidemic.
— VN Express

ASEAN Tourism Forum 2019 opens in Ha Long
The ASEAN Tourism Forum (ATF) 2019 opened in Ha Long city, the northern province of Quang Ninh on the night of January 16.

Health insurance covers 87.7% of population, exceeding yearly target
The health sector also achieved and exceeded nine out of 11 basic health indicators set out in 2018, as heard at the sector’s conference in Hanoi on January 15 to review its operations in 2018 and outline plans for 2019.
— Nhan Dan

Private capital is key for Việt Nam’s energy development: WB report
New financial sources, especially from the private sector, will help Việt Nam further develop its energy industry, according to a new World Bank report on Việt Nam’s energy development.
— Vietnam News

Bamboo Airways completes first commercial flight
Vietnam’s Bamboo Airways completed its long-delayed maiden commercial flight on Wednesday, heightening competition in the aviation sector of the Southeast Asian nation that is emerging as a popular tourist destination.
— Vietnam Insider

Vietnam-India trade hits 10.69 billion USD in 2018
Two-way trade between Vietnam and India experienced a year-on-year rise of 40 percent to reach 10.69 billion USD in 2018, according to statistics released by the General Department of Vietnam Customs.

PM agrees to the use of telecommunication accounts for payment
Prime Minister Nguyen Xuân Phúc said the Government had agreed to pilot the use of mobile phone accounts to pay for goods and services. Speaking at a conference with the Ministry of Information and Communications on Tuesday, the Prime Minister asked units to begin the use of payments via mobile phone. “The government agrees to […]
— Vietnam Insider

Average Tet bonus jumps 11.4 percent
Bonuses for the upcoming Tet (Lunar New Year) at most companies nationwide are worth one month’s salary on average, which is around 6.3 million VND (271.68 USD), or 11.4 percent higher than 2018.

VinFast announces seven new car models
VinFast, Vietnam’s first fully-fledged car manufacturer, plans to launch seven new ‘premium’ models. Following the first line of Lux (short for Luxury) automobiles aimed at the high-end segment, VinFast, a unit of Vietnam’s largest private conglomerate, Vingroup, has announced it will launch a Pre (short for Premium) car line with the aim of tapping a […]
— Vietnam Insider

$11m online gambling ring busted in Vietnam
An online football betting ring with transactions close to $11 million has been busted in the northern Hai Phong City.
— VN Express

MoMo announces record-breaking growth in 2018
MoMo cements its position as the number one e-wallet and digital financial services platform in Vietnam with another year of record-breaking growth in 2018 on the back of the Series C investment led by Warburg Pincus, a leading global private equity firm. The company’s performance has been underpinned by the rapid uptake of mobile payments […]
— Vietnam Insider

Vietnam, UK discuss post-Brexit trade, investment ties
Deputy Minister of Industry and Trade Tran Quoc Khanh and Vivien Life, Director for Asia and Australia Negotiations at the UK Department for International Trade, co-chaired the event.
— Nhan Dan

Da Nang calls for investment to build tram line
The central city of Da Nang has called for investment from Singapore to build a 33km tram line connecting the city and Há»™i An by 2025, vice chairman of the city’s People’s Committee Dang Viet Dung said in a working session with Tan Keng Hwee Seth, Executive Director of Infrastructure Asia (IA) of Singapore.

PM asks ministry to enhance Vietnam’s rankings in ICT
Prime Minister Nguyá»…n Xuân Phúc has asked the Ministry of Information and Communications (MIC) to increase Việt Nam’s rankings in information and communication technology (ICT).
— Vietnam News

Amazon to kick off e-commerce ops in Vietnam
Vietnam’s trade ministry and e-commerce giant Amazon have signed an e-commerce pact that will see Vietnamese merchants join the Amazon Global Selling network. “Vietnam has more than 700,000 businesses, 98 per cent of which are SMEs.
— Vietnam Insider

Private capital is key for V iet Nam’s energy development: WB report
New financial sources, especially from the private sector, will help Việt Nam further develop its energy industry, according to a new World Bank report on Việt Nam’s energy development.
— Vietnam News

Nearly 700 specialty products gain IP protection in 2018
Vietnam had 695 local special products registered for intellectual property protection in 2018 out of more than 4,800 specialties.

Two rare langurs killed in Pù Mát National Park
Forest rangers in the central province of Nghệ An have detained five men for allegedly killing two langurs in the province’s Pù Mát National Park.
— Vietnam News

Vietnamese designers to attend New York Fashion Week 2019
For the first time ever, Vietnamese designers have been invited to display their wares at one of the world’s ‘Big Four’ fashion weeks.

Son Tra Peninsula a landslide wreck month after record rain
A month on, Da Nang is yet to recover the battering it took from record downpours last December.
— VN Express

Made-in-Vietnam seasonal influenza vaccines are available
The IVACFLU-S vaccines, which have been produced in Việt Nam to protect against seasonal flu such as A/H1N1, A/H3N2, and B, are now available on the market, the Institute of Vaccines and Medical Biologicals under the Ministry of Health has said.
— Vietnam News

Kien Giang has another new-style rural commune
Remote Dong Thanh commune in the Mekong Delta province of Kien Giang’s An Minh disitrict has been recently recognised as a new-style rural area.

Vietnam wants to be in top 50 nations in IT, telecom
Vietnam, which is in a lowly 108th place in the International Telecommunication Union’s ICT Development Index, wants to improve its status.
— VN Express

East Sea issue in the spotlight during press meeting
VietNam would remain consistent in its policies regarding the South China Sea, which seek to respect international law, especially UNCLOS 1982, as well as welcome and promote initiatives for the maintenance of peace and stability in the area.
— Vietnam News

Workshop seeks ways to attract investment for infrastructure development
A workshop was held in Hanoi on January 16 to discuss international experiences in capital management and mobilisation, and infrastructure development, as well as to seek policy recommendations for Vietnam in such fields.

81,500 hectares of crops certified with VietGAP
To date, Vietnam has nearly 1,900 establishments getting Vietnamese Good Agricultural Practices (VietGAP) certificates with a total area of 81,500 hectares.

Bison, pelicans found in central provinces
Bison have been snapped by camera traps set up by the Việt Nature Conservation organization in the central province of Quảng Bình.
— Vietnam News

Japan firm to build fiber plant in VN
Toray Industries, Inc, a large Japanese textile and garment group, hopes to invest in a fiber plant in northern Nam Định Province.
— Vietnam News

Vietnam, Japan enhance parliamentary ties
The parliamentary cooperation between Vietnam and Japan has become an important factor in fostering the two nations’ comprehensive relations, said a senior lawmaker of Vietnam.


Feature photo Pixabay

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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