Vietnam morning news for July 12

Vietnam morning news for July 12
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Vietnam morning newsVietnam ranks near last in e-commerce parcel shipping speed among Southeast Asian
On average, an e-commerce parcel in Vietnam takes 5.6 days to reach its buyer – longer than in most other Southeast Asian countries and more than doubled that of Thailand, according to the latest research from iPrice Insights and Parcel Perform.
— Vietnam Insider

Vietnam launches first White Book on businesses
The first ever White Book on Vietnamese businesses will be published soon and it will be an annual issue thereafter.
— VnExpress

Vietnam tourism industry posts strong growth
Last year, Vietnam received 15.5 million international tourists, an increase of 19.9 percent over 2017.

Vietnam among top countries to pirate English Premier League matches
A study of illegal streaming of the English Premier League (EPL) football has listed Vietnam among the worst offenders.
— VnExpress

Hà Nội approves support plan for startups to 2025
A plan on supporting start-ups and creative activities until 2025 received approval from Hà Nội authorities early this week.
— Viet Nam News

Vietnam hopes for further support in access to ODA: Deputy PM
As official development assistance (ODA) plays an important role in the country’s socio-economic development, Vietnam hopes to receive further supports from its partners to diversify capital sources.

Airlines need to take the initiative in human resources, says transport ministry official
Deputy Minister of Transport Lê Ðình Th? yesterday spoke with Vietnam News Agency about the development of the aviation industry upon the arrival of the new comer Vinpearl Air, a member of Vingroup.
— Viet Nam News

Vietnam border province struggles to stop people from working illegally in China
At the age of 71, Nong Ngoc S. had little rest as he took on the double duties of tending to the family’s crops and his grandchildren.

Vietnam: First safe vegetable brand La Lanh launched at Big C supermarket
Binh Dinh’s high quality VietGAP-certified vegetable brand La Lanh was officially launched at Big C supermarket in Quy Nhon on July 6.
— Fresh Plaza

Vingroup takes expansion to the skies with new aviation unit
Vingroup, Vietnam’s largest private conglomerate, has continued its rapid expansion by launching an aviation wing in hopes of becoming the country’s sixth carrier after forays into car and smartphone production.
— Nikkei Asian Review (paywall)

Sungrow counts 1.4 GW installed inverter capacity in Vietnam
At the end of Vietnam’s solar gold rush, the Chinese power electronics maker can look back on a positive result. With the last glut of project announcements issued, Sunseap said it had finished a 168 MW installation featuring Longi’s Hi-Mo 1 modules.
— PV Magazine

CP Vietnam wins two Vietnam National quality awards.
CP Vietnam Corporation recently won two Vietnam National Quality Awards 2018 from Mr. Chu Ngoc Anh, Minister of Science and Technology, and Mr. Nguyen Duc Chung, Chairman of the Hanoi People Committee.
— Bangkok Post

Dong Nai completes FDI attraction target for whole year
In the first six month of this year, the southern province of Dong Nai attracted US$1.02 billion of foreign direct investment, or 102 percent of the target set for the whole year and 8.03 percent higher than the figure of the same period last year.

State Treasury raises nearly 7 trillion VND from G-bond auctions
The State Treasury of Vietnam mobilised nearly 7 trillion VND (302.9 million USD) through Government-bond auctions on the Hanoi Stock Exchange (HNX) this week.
— VietnamPlus

Vietnam’s smartphones strive to gain foothold in global markets
Vietnamese mobile phone producers have begun efforts to make inroads into global markets when they have made debut several types of their products in other countries recently.
— VietnamPlus

Vietnam, Mexico boost economic, trade and investment cooperation
Vietnam and Mexico have agreed to focus on improving their two-way trade turnover through the enhancement of trade promotion, diversification of import-export structure and coordination in the effective implementation of the CPTPP.

Vietnam Goes From Trade War Winner to Trump Target
Americans are buying solar panels from Vietnam like never before, but local manufacturer IREX Energy JSC isn’t celebrating.
— Bloomberg

Cuba, Vietnam pledge to expand friendship, cooperation
Cuba and Vietnam have pledged to continue strengthening the historic friendship and cooperative ties between the two sides during Vietnamese Vice President Dang Thi Ngoc Thinh’s visit to the Caribbean island, according to a government release published on Wednesday.
— Infosurhoy

Over 50 stocks double value in H1 this year
Dozens of stocks doubled in the first half of the year though the main indices barely gained.
— VnExpress

US helps Vietnam to facilitate trade
NDO – A ceremony was held in Hanoi on July 10 by the United States Agency for International Development (USAID) and Vietnam’s Ministry of Finance (MoF) to launch the Trade Facilitation Programme.

US supports VN in improving customs procedures
The United States Agency for International Development (USAID) and Việt Nam’s Ministry of Finance (MoF) launched the USAID Trade Facilitation Programme in Hà Nội on Wednesday.
— Viet Nam News

Japanese firms to recruit graduates from Đà Nẵng College
Two Japanese companies, Aijinkai Healthcare Corporation and Seichoukai, have signed a co-operation deal with Đông Á College for medical services training and manpower recruitment for the Japanese market.
— Viet Nam News

Unsafe traffic, cheating diminish Vietnam’s tourism gains
Poor traffic safety and being cheated are among the most negative experiences for tourists in Vietnam, a World Bank report says.
— VnExpress

Vietnam learns from US experience in Marxist theory
Nguyen Xuan Thang, Chairman of the Central Theory Council and General Director of the Ho Chi Minh National Academy of Politics, is leading a delegation to the New York, Boston, Washington DC and San Francisco in the US from July 7-17 to discuss theoretical development of Marxism in today’s era.

Photo exhibition helps bring Vietnam, Italy closer
A photo exhibition to help bring images of Italy closer to Vietnamese people is taking place at the Vietnam Museum of Ethnology, in Hanoi, from July 10 to August 10.

Airlines need to take the initiative in human resources, says transport ministry official
Deputy Minister of Transport Lê Đình Thọ yesterday spoke with Vietnam News Agency about the development of the aviation industry upon the arrival of the new comer Vinpearl Air, a member of Vingroup.
— Viet Nam News

Shares extend rally on credit growth limit relaxation
Shares extended their gains on the nation’s two exchanges on Thursday, with the banking sector leading the market following the news that the central bank would relax credit growth limits for some banks this year.
— Viet Nam News

Cybercriminals abuse Google services to send spam, phishing links
Online fraudsters have learned to exploit the convenience of Google services to send spam or worse, according to Kaspersky, a global cybersecurity company.
— Viet Nam News

Vietnam elected as APF Vice President
Chairwoman of the Parliamentary Assembly of the Francophone (APF)’s Vietnam Sub-Committee Nguyen Thuy Anh has been elected as APF Vice President for the 2019-2021 tenure.

KLW disposing stake in Vietnam factory owner for US$7.02m
Door maker KLW Holdings said on Wednesday night (July 10) that it is disposing its entire paid-up capital contribution in Key Bay Furniture for US$7.02 million (S$9.5 million) to purchaser BTJI Industrial Co.
— The Straits Times

Hanoi always attaches importance to cooperation with Germany’s localities
German Ambassador Christian Berger stressed that Germany is willing to cooperate with Hanoi in some fields, including water supply and drainage.
— The Hanoitimes

Why Vietnam Loves Donald Trump
Thirty months into the Trump Presidency, the U.S. economy continues to import more than it exports. This isn’t a problem, since the trade deficit is of no great consequence as an economic measure. But in President Trump’s telling this is a clear and present danger, so it’s worth explaining why his tariffs haven’t reduced the U.S. trade deficit with the world.
— Wall Street 

Vietnam eyeing 2026 FIFA World Cup berth
Vietnam is targeting a place at the 2026 FIFA World Cup, according to a leading official from the Vietnam Football Federation.
— Xinhua

Which are highest-grossing coffee chains in Vietnam?
You can easily find a cafe in Vietnam where you can enjoy free wifi. Which coffee chain is the most successful in Vietnam?
— The Hanoitimes

Switzerland hopes for early signing of Vietnam-EFTA trade deal
Vietnam’s Prime Minister requested the European Free Trade Association (EFTA) bloc to take a more practical approach during the negotiation process, particularly in trade, government procurement and intellectual property rights.
— The Hanoitimes

US supports VN in improving customs procedures
The United States Agency for International Development (USAID) and Vi?t Nam’s Ministry of Finance (MoF) launched the USAID Trade Facilitation Programme in Hà N?i on Wednesday.
— Viet Nam News

The Great Vietnam Souvenir Hunt – buying the perfect gifts and souvenirs on your next trip with Vietjet to Vietnam
If you are looking for an exciting and affordable vacation, it’s time to visit Vietnam, a beautiful country, rich in history, culture, beautiful landscapes and delicious food.
— Khmer Times

Prompt action needed to take advantage of FTAs
Opportunities provided by free trade agreements (FTAs) will only exist on paper if local authorities and enterprises do not take prompt and concrete actions to take advantage, experts said at a meeting on Wednesday in Hà N?i.
— Viet Nam News

Travel + Leisure named Hoi An, Vietnam as the world’s best city of 2019
Located on Vietnam’s central coast, Hoi An managed to knock defending, two-time chart-topper San Miguel de Allende in Mexico down to second spot in this year’s Top Cities in the World list. Rounding out the podium is Chiang Mai, Thailand.
— Vietnam Insider

Shares advance for second day on foreign buying
Local shares rose for a second day, buoyed by foreign trading and positive performance of oil and gas stocks.
— Viet Nam News


Feature photo LINCZ

This week’s Vietnam morning news feature photo focuses on Asean’s endangered species, here, the Delacour’s langur (Trachypithecus delacouri)


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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