Vietnam Morning News For November 25, 2019

Vietnam affirms no problems left in canceling nuclear power projects
The government affirms that the revocation would cause no negative effects on the national power security and public debt.
— The Hanoitimes

Vietnam has become an attractive destination for U.S investors
The favorable business environment and free trade agreements (FTAs) are expected to help increase US investment capital in Vietnam in the near future. Ngoc Thao reports on VEN.
— Vietnam Insider

Vietnam: Arbitrary detention of journalist Pham Chi Dung
The Observatory for the Protection of Human Rights Defenders, a partnership of FIDH and the World Organisation Against Torture (OMCT), requests your urgent intervention in the following situation in Vietnam.
— Quê Me: Vietnam Committee on Human Rights (VCHR)

Vietnam sets up unit to manage Van Don economic zone after failed SEZ draft law
Van Don district was among the country’s would-be three special economic zones (SEZs) in a controversial draft law on SEZs that was withdrawn last year.
— The Hanoitimes

Vietnamese investor not obligated to compensate Chinese contractor: court
Vinh Son – Song Hinh Hydropower JSC won’t have to compensate a Chinese contractor for costs that ballooned after bidding low for a Central Highlands hydropower project.
— VnExpress

Vietnamese economy forecast to grow 7 percent
Vietnam’s GDP growth is projected to reach 7% per year from 2021-2025. By 2025, the average GDP per capita is forecast to hit 4,688 USD, making Vietnam an above average income country.
— VietnamPlus

Vietnam coma Scot flown home after virus scare
A woman who woke from a coma after battling a life-threatening virus in Vietnam has returned to Scotland.
— BBC

Vietnam establishing new blockchain friendly regulations
Ho Chi Minh City in Vietnam aims to establish a regulatory framework and policies tackling blockchain in an effort for the development of smart cities.
— Coingreek

Largest online pilot training school directory has been launched
Aviationfly.com officially launched its new online platform, the largest online pilot training school directory covering Vietnam, the Middle East and Asia, in line with the first day of the Vietnam International Aviation Expo 2019.
— Vietnam Insider

Latest news on Vietnam solar power: Prices to be made via auction
The auction aims to balance the development of solar farms in the country, avoiding overload of the power transmission network in the central region.
— The Hanoitimes

M&A in Vietnam’s real estate sector rocketed by foreign investment in first ten months of 2019
Foreign investment in Vietnam through mergers and acquisitions (M&As) in the real estate sector between January and October 2019 rocketed 235% from a year earlier to a record high value of US$1.75 billion, data showed.
— Vietnam Insider

Vietnam calls for stronger global governance reform
Vietnamese Deputy Minister of Foreign Affairs Bui Thanh Son has called on countries to speed up global governance reform, firstly multilateral institutions, in order to effectively deal with global issues.
— VietnamPlus

Official: VN, Cambodia economic cooperation potential untapped
There is still much untapped potential for cooperation in agriculture, aquaculture and food processing between Cambodia and Vietnam, Leng Rithy, a senior adviser to the Cambodian Government, told a seminar in Ho Chi Minh City on Friday.
— The Phnom Penh Post

Vietnam, EU step up defence – security ties
Measures to boost security – defence cooperation between Vietnam and the European Union (EU) were discussed at the their first ever security – defence dialogue recently held in Brussels, Belgium.
— VietnamPlus

Egat International builds coal-fired power plant in Vietnam
EGAT International Co started construction on Friday of a 55 trillion dong ($2.37 billion) coal-fired power plant in central Vietnam, Vietnamese state media reported.
— Bangkok Post

South Korea made visa requirements more stringent for Vietnamese
South Korea has made visa requirements more stringent for Vietnamese coming on package tours after many illegally stayed back while visiting in recent years.
— Vietnam Insider

Vietnam commits to creating favorable condition to develop logistics
Deputy Prime Minister Vuong Dinh Hue emphasized completion of legal system and creation of a good business environment to help boost the country’s logistics sector to grow sustainably.
— Sggp News

Where to Find Working Women? Vietnam
Phuong Uyen Tran is an experienced businesswoman. For more than 15 years, she has worked at THP Beverage Group, a private company that makes health drinks. Today, she is the deputy CEO, the second in company leadership.
— VOA

Vietnam, Sweden boost friendship, cooperation
The Vietnam-Sweden Friendship Association (VSFA) under the Vietnam Union of Friendship Organisations held a seminar in Hanoi on November 23 on the role of Vietnam-Sweden people-to-people diplomacy over the past 50 years.
— VietnamPlus

Vietnam needs clear policies to promote renewable energy development: Int’l experts
Clear polices would greatly help provide a vision with specific targets of renewable energy for both authorities and investors in the road map ahead.
— The Hanoitimes

Child rights need to be integrated into socio-economic plans
It is crucial to incorporate the enforcement of child rights into socio-economic plans and State budget allocation, particularly in the next five years, Vice Chairwoman of the National Assembly Tong Thi Phong said at a conference on November 23.
— VietnamPlus

VN Index records 3.2 percent drop this week
THE VIETNAMESE share market took a beating for a third straight day on Friday as negative news from the international markets continued clouding local investors’ sentiment.
— New Straits Times

Vietnam lawmakers reach high concensus on personnel decisions
The National Assembly (NA) of Vietnam, the country’s top legislature, on Friday passed resolutions on personnel work with high approval ratio, Vietnam News Agency reported.
— Xinhua

Hot rolled coil segment named bright spot of Vietnam’s steel industry
Currently, local production of hot rolled coil, a key input material for cold-rolled steel and other pre-painted galvanized steel sheet, cannot meet domestic demand.
— The Hanoitimes

Vietnam, Australia strive for US$10 billion bilateral trade in 2020
In 2018, the bilateral trade turnover reached US$7.7 billion, up 19.3% year-on-year, including Vietnam’s exports of US$4 billion to Australia.
— The Hanoitimes

Viettel, VinSmart get approval for factories in Hanoi
The government has approved the construction of two new factories in Hanoi by state telecom giant Viettel and private smartphone producer VinSmart.
— VnExpress

Creating favourable business environment for logistics activities
It is necessary to improve the legal framework and create a healthy and open business environment for logistics activities to boost the sustainable development of Vietnam’s logistics sector, Deputy Prime Minister Vuong Dinh Hue has said.
— NDO

Vietnamese truck victim was at Dutch migrant centre: Report
One of the 39 Vietnamese victims found dead in a refrigerated truck in Britain last month is a minor who disappeared from a Dutch asylum shelter previously, a newspaper report said Saturday (Nov 23).
— Channel NewsAsia

Vietnam attends G20 Foreign Ministers’ Meeting in Japan
A Vietnamese delegation, led by Deputy Minister of Foreign Affairs Bui Thanh Son, is attending the G20 Foreign Ministers’ Meeting in Nagoya city in Aichi prefecture of Japan.
— VietnamPlus

Vietnam, India enhance closer cooperation in textile sector
The garment industry has called for investment in the underdeveloped textile, dyeing and fabric segments to meet the global supply chain demand, according to the Vietnam Textile and Apparel Association (VITAS).
— VietnamPlus

Vietnam ranks seventh in APICTA Awards 2019
Vietnam has ranked seventh at the Asia Pacific ICT Alliance Awards 2019 (APICTA Awards 2019), the first ever of its kind held in Vietnam.
— VietnamPlus

World Trade Centre to be built in Bình Dương New City
The World Trade Centre Bình Dương New City (WTC BDNC), a complex of facilities to promote international trade, will be built in the namesake southern province.
— Viet Nam News

Vietnam football fans among the most ardent in Asia
Vietnam ranks third place among top 10 Asian countries with highest attendance at home grounds in the ongoing 2022 World Cup qualifier matches.
— VnExpress

Vietnam, Cambodia hold untapped economic cooperation potential
There is still much untapped potential for cooperation in agriculture, aquaculture and food processing between Vietnam and Cambodia, Oknha Leng Rithy, a senior advisor to the Cambodian Government, told a seminar in Ho Chi Minh City on November 22.
— VietnamPlus

Vietnam ready for pharmaceutical and medical equipment expo
Hanoi, Nov 23 (Prensa Latina) Vietnam will hold its largest expo of medicines, pharmaceutical and medical equipment and technology December 5 to 7, the National Trade Fair and Advertising Company announced Friday.
— Plenglish

Vietnam’s tourism property market holds potential
Vietnam’s tourism real estate market has the potential for strong development, but utilities and services are needed to attract investors, heard a seminar organised by the Vietnam Real Estate Association (VNREA) this week.
— VietnamPlus

Retired CEO remembers what returning from Vietnam was like, so now he’s helping other veterans
South Barrington Vietnam War veteran John Schwan is giving back through a nonprofit organization he founded and in several other ways to others who served their country.
— Daily Herald

Vietnam Top 10 Most Profitable Companies in 2019: Who is who?
Vietnam Report has released its Vietnam Profit 500 with a number of categories like Top 10 Most Profitable Companies, Top 15 Most Profitable Private Companies and Top 10 Most Profitable Companies in Banking, and Finance and Securities.
— Viet Nam News

Vietnam lacks human resources for digital transformation
While there is much more data than ever before and digital technologies are growing very fast, there is a huge shortage of human resources, experts have told a conference at the Hoa Sen University in Ho Chi Minh City.
— VietnamPlus

Phu Cat airport to welcome first international flight
Phu Cat airport in Quy Nhon city, the south central province of Binh Dinh, is scheduled to welcome the first international flight by the end of December this year.
— Vietnam Net

Feature photo MSAVLC

This week’s Vietnam morning news feature photo focus on Day of Remembrance for all Victims of Chemical Warfare, November 30.

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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