Vietnam Morning News For April 12

Vietnam Morning News For April 12

Vietnam morning news

Trump Shows Signs He Will Rekindle US-Vietnam Relations
Vietnam is eyeing a chance to restart prized trade and security ties with the United States, while checking the persuasive influence of old rival China following a new overture from the Trump administration.
— VOA News 

Vietnam looks abroad for infrastructure investors
Facing fiscal constraints, Vietnam is turning to foreign enterprises for funding and expertise as it anticipates the need for $400 billion in infrastructure spending over the next decade.
— Nikkei Asian Review 

CISCO helps Vietnamese firms in digital transformation
Digital transformation is making waves worldwide. Taking advantage of the digital age to grow, to be able to protect companies and gain an edge over competitors is what businesses strive for. However, not all businesses choose the right solution.
— Viet Nam News 

ADB: Vietnam growth to continue acceleration through 2018
A report released Monday by the Asian Development Bank forecasts Vietnam’s GDP growth to continue its ascent on improvements in manufacturing, construction, wholesale and retail trade and tourism sectors, reports Saigon Giai Phong Daily.
— Asia Times 

Vietnam auto industry faces nearing tax abolishment challenge
Vietnam’s auto industry, which has ploddingly developed for the last many years, will face tariff abolishment on products imported from ASEAN nations from January 1 next year.
— Saigon

Company agrees to pay foreigner tripping over Saigon ‘sidewalk trap’ $1,000 in damages
A company that failed to clear iron hooks buried in sidewalks in Ho Chi Minh City following a street decoration project, which led to an incident involving a foreign visitor last week, has agreed to apologize to and compensate the victim.
Vietnam Breaking News 

Vietnam, Cambodia strive for 5 billion USD in trade turnover
Vietnam and Cambodia have recorded encouraging outcomes in bilateral trade since diplomatic ties were set up five decades ago, and they are on the way to turnover of five billion USD in the near future.
Vietnam Plus 

Frequent inspections tire Vietnamese business owners
Despite a government order dictating that authorities only inspect businesses once a year, enterprises in Vietnam are facing repeated inspections that do more harm than good to their business.
Tuoi Tre News 

In Vietnam, tax, red tape discourage small businesses from expanding
Tens of thousands of enterprise-sized small businesses in Vietnam remain reluctant to upgrade their business status for fear of being caught up in red tape and subject to unfavorable tax conditions.
Tuoi Tre News 

Vietnam locates in group of low petrol price countries
Vietnam’s retail petrol price is lower than neighboring countries and many ASEAN nations, said head of Tax Policy Department Pham Dinh Thi yesterday afternoon referring to a proposal to increase environmental protection tax rate.
— Saigon 

A Look At The Vietnam ECommerce Divide
Vietnam is proving to represent a strange dichotomy for mobile payments watchers. While ecommerce sales in general are on the rise, and digital retail set to make up a big part of the Vietnamese economy, the same can’t be said for digital payments. In fact, digital payments aren’t gaining at anywhere near the rate ecommerce is, and that’s making for a strange—but somewhat familiar—picture.
— Paymentweek

Life Insurance Market in Vietnam to 2020 – Key Market Trends, Survey, Growth, Opportunities and Forecast
ResearchMoz added Latest Research Report titled ” Life Insurance Market in Vietnam to 2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report ” to it’s Large Report database.
Digital Journal 

EU investors pump more than $21.56 billion in Vietnam
As of March, investors from the European Union had injected more than US$21.56 billion into 1,959 projects in Viet Nam, accounting for 7.2 per cent of total foreign direct investment and 8.5 per cent of projects registered in the country.
— VietNamNet Bridge 

From a possible border tax to higher tariffs, America’s push to reset trade relations is putting Vietnam’s small economy at risk.
— MacauDailyTimes

United Airlines: Chinese and Vietnamese anger at passenger removal
Outrage has erupted on Chinese and Vietnamese social media over the removal of a passenger from an overbooked United Airlines flight.
— BBC News 

Australia partners with World Bank for VN’s development
Australia will provide AU$25 million (US$18.7 million) to the World Bank over the next four years as part of a joint effort to help Việt Nam realise its economic development plan.
 — Viet Nam News 


Feature photo oberhausen/Deutschland
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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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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.

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