Vietnam Morning News For November 4, 2019

First Vietnamese bank opens representative office in US
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) inaugurated its representative office in the US, on November 1.
— Sggp News

Vietnam pledges to uphold the law in South China Sea at ASEAN summit
Vietnam has said it will continue to uphold international laws in the South China Sea to ensure peace and stability in the region.
— VnExpress

Malaysia to boost trade volume with Vietnam
Vietnam-Malaysia Business Association spokesperson Dinh Hai Yen said that for last year, Vietnam’s total export of various goods to Malaysia was US$3.81 billion, while its import from Malaysia was US$1.75 billion.
— New Strait Times

PM Nguyen Xuan Phuc attends opening ceremony of 35th ASEAN Summit
Prime Minister Nguyen Xuan Phuc joined leaders of other ASEAN countries and the bloc’s partners at the opening ceremony of the 35th ASEAN Summit in Bangkok on November 3 morning.
— VietnamPlus

PM attends commercial launch of new air routes between Vietnam, Thailand
Prime Minister Nguyen Xuan Phuc attended the launching ceremonies of new air routes between Vietnam and Thailand on November 2, on the occasion of his attendance at the 35th summit of the Association of Southeast Asian Nations (ASEAN) and related summits in Bangkok.
— NDO

Husbandry industry aims to export 15-30 percent of production by 2030
According to figures by the General Statistics Office of Vietnam, in the period from 2008 to 2018, meat production increased by more than 1.5 times; eggs rose by 2.3 times; fresh milk climbed by 3.6 times; and industrial animal feed surged by 2.4 times.
— Sggp News

BIDV charter capital Vietnam’s highest following stake sale
State-owned BIDV has become the largest bank by charter capital in Vietnam after selling a 15 percent stake to South Korea’s KEB Hana Bank.
— VnExpress

Vietnam and the US cooperate to tackle illegal transshipment
Illegal transshipment has become a growing concern in US-Vietnam trade.
— The Hanoitimes

Hanoi pursues int’l law in settling South China Sea issues: Vietnam PM
Peace and stability in the South China Sea remain fragile, requiring the settling based on international law.
— The Hanoitimes

Vietnam leaders send condolences to families of Essex truck victims
Vietnam’s Prime Minister and Deputy PM have expressed condolences after British police believed the victims are Vietnamese nationals.
— The Hanoitimes

Chinese goods with fake Made-in-Vietnam labels continuously found
The Customs Division at Cat Lai Seaport in HCMC in coordination with authorized agencies intercepted a consignment of Chinese goods with fake Vietnamese origin labels on November 2.
— Sggp News

Vietnam to lift MacBook Pro laptop ban on aircraft
Civil aviation authorities will lift a flight ban it had imposed on certain 15-inch MacBook Pro laptops, starting November 15.
— VnExpress

US project to promote rooftop solar technology, electric vehicles
Rooftop solar and advanced battery storage technology are among innovative energy security solutions to be promoted by a $14 mln USAID project in Vietnam.
— VnExpress

Vietnam condemns ‘human trafficking’
Image copyright Getty Images Image caption Le Minh Tuan, pictured here, fears his son, Le Van Ha, was among the dead in Essex Vietnam says it “strongly condemns human trafficking,” after UK police said they believed 39 people found dead in a lorry were all Vietnamese.
— Oraclealpha

US forecasts bright outlook for trade with Vietnam
Vietnam has become central to the US policy in the Asia-Pacific region as ties between the two countries have strengthened in recent years, Marie Damour, the US consul general in HCM City, said at a recent conference.
— VietnamPlus

Hanoi university uses textbook with sovereignty violating nine-dash line map
A Chinese reading textbook with the nine-dash line map was recently discovered at the Hanoi University of Business and Technology (HUBT).
— VnExpress

Vietnamese migrants in forest camp willing to risk death to reach UK in lorry
The Sunday People visited the camp in a French forest and spoke to Vietnamese migrants willing to risk death to reach Britain – despite hearing of the deaths of 39 of their countrymen and women
— Mirror

Spotlight: Immersed in grief, Vietnam mulls over preventing relapse of migrant death tragedy
After British authorities’ confirmation of Vietnamese victims among the 39 dead in Essex lorry, organizations and individuals in Vietnam have dug into underlying causes of illegal immigration, as well as measures to bolster labor export management and combat human trafficking, so as not to repeat the tragedy.
— Xinhua

China, Vietnam need to properly handle maritime issues: Premier Li
Chinese Premier Li Keqiang said here Sunday that China and Vietnam need to manage maritime issues in a proper way, so as to create favorable conditions for more cooperation between the two countries.
— Xinhua

Vietnam seeks WTO role in cement issue with PHL
VIETNAM at the World Trade Organization (WTO) is asking the Philippines for compensation after its export interests got hit by the safeguard measure Manila slapped on cement.
— Business Mirror

Fitch keeps Vietnam’s sovereign rating steady at ‘BB’
Fitch Ratings has kept Vietnam’s sovereign rating at ‘BB’ with a positive outlook, saying the delayed payment on a Vietnamese government-guaranteed loan in September was paid in full within the month and Fitch understands the administrative problems that gave rise to this delay are being addressed.
— The Phnom Penh Post

National public services website to be launched in late November
A national public service website will be launched in late November to improve the quality of public services from State agencies, according to Minister and Chairman of the Government Office Mai Tien Dung.
— VietnamPlus

HDBank pre-tax profit up record 51 percent in third quarter
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) has reported impressive results in the third quarter of this year, with pre-tax profits increasing by a record 51 percent year-on-year to over 1.23 trillion VND (53.4 million USD).
— VietnamPlus

US partners with Việt Nam to build urban energy security
The US Agency for International Development (USAID) on November 1 announced a new project promoting urban energy security in Việt Nam at an event held in HCM City.
— Viet Nam Net

A night inside the world’s largest cave network in Vietnam
Emma Pearson treks through jungle, abseils down cliffs and shimmies through crevices to spend the night in one of the largest caves in the world.
— Vietnam Insider

450 firms to take part in Vietnam Foodexpo
Some 450 companies have registered to participate in the 2019 Việt Nam International Food Industry Exhibition to be held in HCM City from November 13 to 16.
— Viet Nam News

The heat is on in Saigon
When you talk about Saigon, most Filipinos are familiar with Miss Saigon, the Cameron Mackintosh musical that starred Lea Salonga as a Vietnamese woman who falls in love with an American soldier.
— PhilStar

Vietnam, Ivory Coast hold huge cooperation potential: Deputy PM
Vietnam and Ivory Coast have huge potential to boost collaboration, particularly in the fields of trade, thanks to their sound political relations, Deputy Prime Minister Vuong Dinh Hue said.
— NDO

Vietnam needs to act in Mekong Delta as land sinking, seas rising: experts
With the Mekong Delta found to be lower than earlier thought, and subsidence and rising seas threatening a double whammy, alarm bells are ringing.
— VnExpress

Ca Mau promotes key agricultural products
The southernmost province of Ca Mau will promote its key agricultural products, especially collective brand names, to increase their value and competitiveness.
— VietnamPlus

Vietnam Airlines Jan-Sept profit highest in five years
Vietnam Airlines Group posted pretax profits of VND3.29 trillion ($142 million) in Jan-Sept, up 35.7 percent year-on-year.
— VnExpress

New policy needed for young start-ups
Building the correct legal framework is one of the major challenges holding back start-up businesses and now the Government is looking at easing red-tape and giving an easier ride to both young companies and the private sector.
— VietnamPlus

Far from Vietnam’s boomtowns, a rural region looks to distant shores
Yen Thanh: For decades, since the height of the Cold War, young adults have left this rural region in droves – not for Vietnam’s booming cities but for more distant shores.
— SMH

Vietnam’s biggest music festival returns
After a hiatus in 2018, Vietnam’s biggest music festival Monsoon will return in November.
— VietnamPlus

iPhone 11 orders double that of iPhone X in Vietnam
Orders for iPhone 11 models soar to twice that of iPhone X last year, with more customers preferring authorized resellers for post-sale services.
— VnExpress

Feature photo The Vietnam War HD Archives

This week’s Vietnam morning news feature photo focus on International Day for Preventing the Exploitation of the Environment in War and Armed Conflict, November 6.

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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