Vietnam Morning News For April 6

Vietnam Morning News For April 6
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Vietnam, Asia’s Economic Icon, Is Suddenly Facing Slower Growth In 2017
Vietnam’s famously robust, export-led economy grew just 5.1% in the first three months of the year, a letdown unforeseen by both the government and economists. Drought last year hit agriculture into the first quarter of 2017. Mining slipped on a decline in resources such as coal and gas.
Forbes 

World Vision International pledges aid for Yen Bai
The World Vision International (WVI) will provide an additional 2.26 million USD for existing programmes and projects in the northern mountainous province of Yen Bai in 2017.
Vietnam Plus 

Jetstar Australia returns to Vietnam
Two direct Jetstar Australia routes from Melbourne and Sydney to Ho Chi Minh City will start in May 2017, connecting key commercial centers in Vietnam and Australia.
Nikkei Asian Review 

Manufacturing doing the heavy lifting for Vietnam in Q1
The latest PMI data coming out of Vietnam bodes well for the country’s outlook for the next couple of months, according to IHS Markit.
Asia Times 

The hurdles to loaning $.4.4 billion
Vietnamese farmers have pinned high hopes on the Government’s VND100,000 billion ($4.4 billion) low-interest credit package for the development of high-tech agriculture production. What’s your view of this?
VietNamNet Bridge

Việt Nam’s animal feed imports up sharply
Việt Nam’s import value of animal feed and material for production of animal feed witnessed a year-on-year increase of 41.6 per cent in the first quarter of this year.
Viet Nam News 

HIV/AIDS infected people to have health insurance:Health Dept
Vietnam strives to have more HIV/AIDS infected people with health insurance in a bid to eliminate HIV/AIDS epidemic.
Saigon

Vietnam, Mozambique intensify cooperation in crime fight
A delegation of the Vietnamese Ministry of Public Security visited Mozambique from April 2-5 with a view to strengthening their public security forces’ cooperation in crime fight, training, and logistics.
Vietnam Plus 

Low FDI in Mekong Delta attributed to poor infrastructure
An official has attributed low foreign direct investment (FDI) in the Mekong Delta over the past years to poor infrastructure.
Vietnam Plus 

Foreign investment key to Vietnamese growth: experts
Vietnam should have savvy foreign direct investment (FDI) policies that direct capital to modern and environmentally friendly technologies and promote technology transfer to make local firms more competitive, experts say.
Vietnam Plus 

PM asks Thailand’s SCG group to expand investment in Vietnam
Prime Minister Nguyen Xuan Phuc asked Thailand’s Siam Cement Group (SCG) to expand investment to more fields in Vietnam while receiving SCG President and CEO Roongrote Rangsiyopash in Hanoi on April 5.
Vietnam Plus

Malaysia arrests 28 Vietnamese for illegal fishing, one dies in detention
The fisherman was said to have fallen seriously ill when his boat was detained Monday.
Vietnam Breaking News 

Vietnam HRC import prices down to four-month low
Import prices for re-rolling-grade hot rolled coil in Vietnam have dropped for the fourth straight week, as buyers refrained from booking amid expectations of further drops in China.
MetalBulletin 

Vietnam’s GDP forecast to expand 5.6% in Q2
Vietnam’s GDP in the second quarter of this year is forecast to expand some 5.6 per cent, higher than the 5.1 per cent rate in Q1.
VietNamNet Bridge 

Vietnamese joint venture to offer microfinancing in Myanmar
Vietnam’s Dragon Capital Group and Myanmar’s Ruby Hill Financial on Wednesday signed a deal to set up a joint venture that will provide loan products and services to the burgeoning workforce driving Myanmar’s rapid economic development.
Nikkei Asian Review 

Hanoi to increase administrative discipline
The Hanoi Party Committee has recently issued Announcement 593-TB/TU on conclusion of the first quarter conference between the Standing Municipal Party Committee, People’s Council and People’s Committee with leaders of the city`s districts, suburban districts and town.
Hanoi Times 

Is Vietnam spending too much on infrastructure?
Statistics show that Vietnam is among Asia’s biggest spenders on infrastructure.
VietNamNet Bridge  

Formosa Plastics clears Vietnam inspection
Several protests were held after April 2016 both in Vietnam and Taiwan over Formosa Plastics’ polluting of local water sources in central Vietnam.
Eleven Myanmar 

Vietnamese Environmental Group Seeks to Monitor Formosa Payout Process
An independent environmental group called on the Vietnamese government on Wednesday to allow it to participate in monitoring the payment of compensation to those affected by the Formosa environmental disaster.
Radio Free Asia 

 

Feature photo Sharon Ang
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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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