Vietnam Morning News For November 18, 2019

Vietnam encourages US investments in energy sector
US-based Gen X Energy is considering a US$6-billion liquified natural gas (LNG) project in Vietnam.
— The Hanoitimes

HCMC third most promising real estate market in Asia-Pacific: report
Ho Chi Minh City ranks third best out of 22 cities in the Asia-Pacific for property investment in 2020, according to a report.
— Vietnam Insider

Vietnam Ranked 70th for Ease of Doing Business: World Bank
Vietnam ranked 70 among 190 economies in this year’s Doing Business 2020 report released by the World Bank. The country fell one spot from its position last year. Nevertheless, Vietnam’s overall score improved by 1.44 points, scoring a total of 69.8 points.
— Vietnam Briefing

Heineken no longer major shareholder of Vietnam’s brewer Sabeco
Heineken was a direct competitor of Thaibev for the acquisition of Sabeco in late 2017. However, Thaibev won the race by spending US$4.89 billion for a nearly 54% stake of Sabeco.
— The Hanoitimes

Vietnam seeks pioneering LNG vessel to serve power needs
South east Asian utility Vietnam Electricity has launched a hunt for a floating storage regasification and power (FSRP) unit that would be supplied by LNG.
— Tradewind

Vietnam’s threat of legal warfare could signal it is ready to take an even bolder stance on China
“China is a sleeping giant. Let her sleep, for when she wakes she will move the world,” warned the French emperor Napoleon Bonaparte centuries ago.
— South China Morning Post

Human resources quality remains big challenge for Vietnam
Vietnam is 11th out of 12 Asian countries in a World Bank ranking of quality of human resources with 3.79 points out of 10.
— VnExpress

Vietnam to host SEA Games and Para Games in 2021
Prime Minister Nguyen Xuan Phuc has just signed a decision for Vietnam to host the 31st Southeast Asian Games (31st SEA Games) and the 11th Southeast Asian Games for the Disabled (11th Para Games) in 2021.
— Vietnam Insider

Vietnam should open up debt-trading market to private investors: experts
Vietnam’s debt-trading market is limited to two state-owned asset management institutions and banks, but needs private players to increase liquidity, experts say.
— VnExpress

Vietnam bans drones from airport vicinities
PM Nguyen Xuan Phuc has ordered the Ministry of National Defense to ban all drones within an eight-km radius of airports across the country.
— VnExpress

Vietnam’s only water pump without electricity project inaugurated
Vietnam’s only water pump without electricity (pump as turbine – PAT) was officially inaugurated at a ceremony held in Dong Van District, in the northern mountainous province of Ha Giang, on November 16.
— NDO

Vietnamese products enter 200 markets around the world
Vietnamese products have entered over 200 markets around the world including markets with strict import regulations and standards, according to the Ministry of Industry and Trade.
— VietnamPlus

Get private sector into debt trade, Vietnam advised
Vietnam’s debt-trading market is limited to two state-owned asset management companies and banks, but needs private players to increase liquidity, experts say.
— VnExpress

Food processing industry attractive to FDI enterprises
According to the Ministry of Industry and Trade, Vietnam is among top agro-forestry-aquatic product and food exporters in the world with export turnover growth of around 8-10 percent annually but raw material export still accounts for a large proportion.
— Sggp News

Hotel sector proves irresistible to investors
A number of major hotel acquisitions have taken place in Vietnam this year as the tourism market continues to boom.
— VnExpress

Hanoi looks to tighten cooperation with Japanese locality
As of the Kanagawa Festival in Hanoi, its latest holding last year has left good imprints on the locals and Vietnamese people.
— The Hanoitimes

Hanoi’s air quality index on week days: Mostly at bad levels
Hanoi’s air quality index (AQI) measured at 10 monitoring stations in the city ranged from 45 to 270.
— The Hanoitimes

Vietnam’s banking sector becomes more attractive to investors
Growing attractiveness of Vietnamese banks’ shares is thanks to a positive revamp and strong outlook of the sector, particularly as Vietnam is accelerating global economic integration.
— The Hanoitimes

Why Vietnamese don’t buy phones developed in their homeland?
Made-in-Vietnam phones make sense economically. The country dependent on factory work for the past 30 years is moving up the value chain into electronics.
— Vietnam Insider

Vietnam Shows Malaysia And The Philippines How To Fight The South China Sea Wars
Beijing should either get the South China Sea map right or forget the Vietnamese market — for every Chinese product, from smartphones to automobiles.
— Forbes

Notre-Dame Cathedral Basilica of Saigon – an important place of worship in Vietnam
Built in 1880, the Notre-Dame Cathedral Basilica of Saigon is a testament to the importance of Catholicism in Vietnam.
— Vietnam Insider

Nestlé for Healthier Kids pledges to help millions of Vietnamese children lead healthier lives
As part of Nestlé for Healthier Kids worldwide initiative by Nestlé, Nestlé for Healthier Kids was first launched in Vietnam in 2012 by the National Institute of Nutrition, Ministry of Health before expanding to many cities and provinces nationwide in co-operation with the Department of Primary Education, the Ministry of Education and Training and the Department of Prevention Medicine, Ministry of Health since 2017.
— Vietnam Insider

Vietnam Tourism: Sector Forecast and Spend Analysis Market: Competitive Landscape and Recent Industry Development Analysis 2025
Future Market Insights recently published a well-researched market study which provides a comprehensive analysis of the global Vietnam Tourism: Sector Forecast and Spend Analysis Market.
— Space Market Now

Deadly dengue outbreak overwhelms central Vietnam
More than 62,000 people in the central provinces of Vietnam have infected with deadly dengue fever in ten months of the year, a threefold increase compared to the same period last year. Worse, eight people died of the disease.
— Sggp News

SBI to Debut Japan-Vietnam Remittance Service on RippleNet
SBI Ripple has recently confirmed its forthcoming payment setup between Japan and Vietnam on top of the Ripple-backed blockchain product, RippleNet.
— Ripple Coin News

Vietnam hosts Asia-Pacific Bonsai-Suiseki Festival
The 15th Asia – Pacific Bonsai and Suiseki Convention and Exhibition opened at the Suoi Tien Amusement Park in Ho Chi Minh City on November 15.
— VietnamPlus

HCM City, China’s Yunnan province bolster tourism cooperation
Ho Chi Minh City always attaches importance to promoting ties with Chinese localities, said Vice Chairman of the municipal City People’s Committee Vo Van Hoan on November 15.
— VietnamPlus

U.S enterprises learn about natural gas investment opportunities in Vietnam
Deputy Prime Minister of Vietnam Trinh Dinh Dung yesterday received General Director of U.S Gen X Energy Company Scott Kicker at Governmental Office in the capital city of Hanoi.
— Sggp News

Fair promotes oranges and typical agricultural products in Ha Giang Province
A fair promoting organes and typical agricultural products in the northern mountainous province of Ha Giang officially opened in the locality on November 15.
— NDO

Hoi An takes measures to reduce single-use plastic products
Hoi An city in the central province of Quang Nam, a World Cultural Heritage site, has exerted efforts to reduce the use of single-use plastic products and encourage locals to sort waste to protect the environment.
— VietnamPlus

PM stresses businesses’ role in improving labourers’ skills
The country’s biggest-ever forum on vocational training took place in Hanoi on November 16 with a focus on ways to promote Vietnamese labourers’ skills.
— VietnamPlus

Phu Yen calls for WB’s support in infrastructure, economic development
The south central coastal province of Phu Yen has called for the World Bank (WB)’s provision of official development assistance (ODA) and soft loans for infrastructure and economic development in the locality.
— VietnamPlus

‘Rat’s wedding’ to inspire Saigon flower street for Tet
Saigon’s Flower Street for the Lunar New Year festival in January will be inspired by the famous Dong Ho folk painting called Rat’s wedding.
— VnExpress

Gala night tightens Vietnam – Korea friendship
Over 200 delegates from both Vietnam and the Republic of Korea (ROK)’s relevant agencies and business communities gathered to celebrate their friendship and cooperation at the 2019 Vietnam – Korea Friendship Night, hosted by the Korea International Cooperation Agency (KOICA) in Hanoi on November 15.
— NDO

Feature photo Trường Mầm Non Phú Lương

This week’s Vietnam morning news feature photo focus on World Toilet Day, November 19.

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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