Vietnam morning news for October 18

Vietnam morning news for October 18

Vietnam morning news

Vietnam to get Japan’s first exported Earth observation satellite as part of disaster prevention initiative
A Japan-developed weather satellite will be exported to Vietnam under a Japanese public-private initiative, it was learned Wednesday.
— The Japan Times

57% of Vietnamese consume excessive salt, alcohol
Low intake of vegetables and excessive consumption of salt and alcohol have been registered among as many as 57% of Vietnamese population while the rates of stunting and wasting in Vietnamese children is much higher than those of other countries.
— The Hanoitimes

Vietnam credit slowdown raises concern about bank loan access
Vietnam’s credit growth is slowing and may fall behind the central bank’s target of 14 per cent for this year, causing concerns that it could make it difficult for businesses to access bank loans during the remaining months of the year.
— The Phnom Penh Post

Water supply to some 250,000 families in Hanoi resumed after oil pollution
Water has been replenished to over 147,000 customers in the southwestern part of the capital, including the districts of Thanh Xuan, Nam Tu Liem, Cau Giay and several downtown areas.
— The Hanoitimes

Trade wars give US LNG a beachhead in Vietnam
Gas-to-power deals offer Hanoi a quick route towards reducing its trade surplus with the US and avoiding President Trump’s attention.
— Petroleum-economist

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Vietnam, EU sign Framework Participation Agreement
Vietnam and the European Union (EU) have inked an agreement on the establishment of a framework for Vietnam’s participation in crisis management activities of the EU.
— VietnamPlus

Tourism in central Vietnam promoted in Singapore
Tourism products of Thua Thien-Hue province, Da Nang city and Quang Nam province in Vietnam’s central region were introduced in Singapore on October 15.
— VietnamPlus

North-South Expressay: Vietnam lowers criteria for local investors
The Transport Ministry has opened a new evaluation round for local investors for the North-South Expressway after lowering the experience and capital criteria.
— VnExpress

Vietnam and South Africa to enhance economic and trade links
On October 16, the Vietnam – South Africa joint trade sub-committee convened a fourth session in Hanoi to seek ways to bolster bilateral economic and trade partnerships.
— Fresh Plaza

Vietnamese SOEs must reform and invest in technology
State-owned enterprises (SOE) must strive to reform and become innovation centres in today’s modern economy, said Prime Minister Nguyen Xuân Phúc at a conference discussing measures to improve Việt Nam’s SoEs’ management and performance on Wednesday in Hà Nội.
— Viet Nam News

PM approves plan to boost sustainable growth of private sector
Prime Minister Nguyen Xuan Phuc has approved a plan to boost the sustainable development of the private business sector towards 2025 with a vision to 2030 with six major solutions.
— VietnamPlus

Hanoi tap water warning opens flood gates for bottled water sales
Sales of bottled water of all quantities has soared after Hanoi authorities announced tap water was contaminated with oil.
— VnExpress

Vietnam’s yarn industry under pressure from US – China trade war
Vietnam`s yarn export turnover only rose slightly by 3% year-on-year compared to the growth rate of 14% in the same period last year.
— The Hanoitimes

Vietnam says African swine fever outbreak slows, urges farmers to rebuild herds
Vietnam has urged farmers to restore pig herds battered by an outbreak of African swine fever as the spread of the disease has shown signs of slowing, officials said on Thursday, to prepare for a surge in demand expected for Lunar New Year in January.
— Reuters

Vietnam ed tech startup aims to fill Southeast Asia’s talent pool
Education startups are on the rise in Southeast Asia as high-tech companies in the region continue to clamor for more qualified talent.
— Nikkei Asian Review (paywall)

Vietnam is reverse engineering China’s economic rise
The US trade war is predicated on the idea that China manipulated its currency to gain an economic advantage and hollow-out the US manufacturing sector. In fighting back, the US is encouraging companies to leave China.
— Forex Live

Vietnam to participate in world’s leading fair on consumer goods
Vietnamese enterprises will showcase their products at the 2020 world’s leading trade fair for consumer goods, Ambiente, which is scheduled for February 7-11, 2020 in Frankfurt, Germany.

Việt Nam, Asia’s new manufacturing hub
Since its emergence early last year, the US-China trade conflict has not shown signs of easing.
— Viet Nam News

EC delegation to inspect Vietnam’s IUU fishing combat next month
An inspection team of the European Commission (EC) will visit Vietnam from November 4-14 to assess the country’s efforts in implementing the EC’s recommendations on fighting illegal, unreported and unregulated (IUU) fishing.
— VietnamPlus

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US agricultural exporters on mission to seek trade opportunities in Việt Nam
More than 40 US exporters and trade associations are visiting Việt Nam from Tuesday to Friday to seek agricultural export opportunities in “one of the fastest-growing regions in the world”, a US official said.
— Viet Nam News

Work starts on 2,000 tonne waste-to-energy plant in HCM City
The Tam Sinh Nghia Investment Development JSC on October 16 kicked off construction on a waste-to-energy plant with a daily capacity of 2,000 tonnes of waste at the Tay Bac Solid Waste Treatment Complex in Cu Chi district, Ho Chi Minh City.
— VietnamPlus

Vinamilk impresses Chinese consumers with a wide range of high-quality dairy products
On September 21, 2019, Vietnam Dairy Products Joint Stock Company (Vinamilk) – one of the world’s 50 largest dairy companies – has officially localized its brand into Chinese — called “Yuenamiao” – to effectively target Chinese consumers.
— Acrofan

HCM City to keep pork prices steady despite supply slump
The management of the HCM City market stabilisation programme for essential goods has decided not to increase pork prices though market prices continue to rise.
— Viet Nam News

Controversial nine-dash line appears on Chinese travel brochures in Saigon
Chinese tourism brochures displayed at an expo in Saigon last month carried China’s nine-dash line that violates Vietnam’s sovereignty, and were promptly seized.
— VnExpress

Deputy PM pushes construction of Long Thanh int’l airport
Deputy Prime Minister Trinh Dinh Dung has asked for the first stage of construction at Long Thanh international airport in the southern province of Dong Nai to be launched in the first quarter of 2021.
— VietnamPlus

Printing, packaging exhibition opens in HCM City
A wide range of products, technologies and solutions used in the printing and packaging industry is on display at the Vietnam International Printing and Packaging Industry Exhibition that opened in HCM City on Wednesday.
— Viet Nam News

Russia says Vietnam asked it to temporarily suspend wheat exports
Vietnam has asked Russia’s agriculture safety watchdog to temporarily suspend issuing export certificates for Russian wheat, the service’s spokeswoman Yulia Melano told Reuters on Thursday.
— Hellenic Shipping News

50 years later, a Vietnam hero is finally recognized
Manuel was presented with the Vietnam Gallantry Cross with Bronze Palm for Valor. He had already been recognized with a Purple Heart and other commendations, but he’d never been recognized for his heroism.
— Mor Tv

Schools need to focus on entrepreneurship: official
Small companies should focus on absorbing technologies and applications from global players as a firm foundation of future development.
— Viet Nam News

Pork supply to meet market demand by Tết festival
The price of pork is expected to increase in the last months of 2019 and before the Lunar New Year in 2020 because African swine fever has caused the supply of pork to drop.
— Viet Nam News

Large-caps correct, halting VN-Index gains
The correcting pressure of large-cap stock during the afternoon session narrowed the gain of VN-Index and send the index near back to the reference level on Wednesday.
— Viet Nam News

PM: each State group, corporation must be an innovation centre
Prime Minister Nguyen Xuan Phuc asked each State-owned group and corporation to become centre for innovation during a conference in Hanoi on October 16.
— VietnamPlus

Hữu Nghị confectionery to raise VNĐ100 billion to pay debts
Hữu Nghị Food Joint Stock Company (HNF) plans to issue 10 million shares to existing shareholders to increase its charter capital from VNĐ200 billion to VNĐ300 billion (US$8.6 to 13 million).
— Viet Nam News

Asiamoney names Standard Chartered ‘Best International Bank in Vietnam’
Leveraging the strength of Standard Chartered’s broad international network and in-depth local knowledge, the bank continues to contribute to Vietnam’s economic development.
— Vietnam Insider

Vietnam and South Africa strengthen trade ties
Joint trade sub-committee meets in Hanoi, Vietnam with aims to improve bilateral economic and trade partnerships
— Fruitnet

South Korean firm seeks majority stake in Vietnam’s Mercedes-Benz dealer
A South Korean firm is seeking to acquire a 51 percent stake in Haxaco, a leading Mercedes-Benz car dealer in Vietnam.
— VnExpress

Cần Thơ hosts Aquaculture Việt Nam 2019
An international exhibition and conference on Việt Nam’s aquaculture sector kicked off in the Cửu Long (Mekong) Delta City of Cần Thơ on Wednesday.
— Viet Nam News

Vietnam has asked Russia’s agriculture safety watchdog to temporarily suspend issuing export certificates for Russian wheat, the service’s spokeswoman Yulia Melano told Reuters on Thursday.
— Agriculture

Major or not, shareholders must get equal access to information
Business transparency is among several key reasons why the Vietnamese equity market has not been upgraded to the status of emerging market from that of frontier market by international crediting agencies
— Viet Nam News

Hải Phòng Thermal Power sees revenue up 32 per cent in Q3
Hải Phòng Thermal Power SJC (HND) saw net revenue up by 32 per cent in the third quarter of this year, reaching VNĐ2.3 trillion (US$99.4 million).
— Viet Nam News


Feature photo U.S. Dept. of Defense

This week’s Vietnam morning news feature photo focus on International Day of Rural Women, October 15.


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).



About Vietnam morning news.

Vietnam morning news roundup is the most comprehensive hand-curated selection of Vietnam English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Vietnam English language news today.

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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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