Vietnam Morning News For March 8

Welcome to the Vietnam morning news roundup by AEC News Today, your one stop for Vietnam news on matters of governance and policies affecting Asean business communities.

Vietnam: Trump’s Immigration Policies Could Put Dong At Risk
The Vietnamese dong, which is loosely pegged to the U.S. dollar, has depreciated by 2.2% since last November.
– Barron’s Asia

India temporarily suspends import of agri-commodities from Vietnam
India has temporarily suspended the entry of coffee beans, bamboo, black pepper, cinnamon, cassia and dragon fruit from Vietnam with effect from March 7due to “repeated interception of quarantine pests”.
– The Hindu Business Line

Brands suspend Vietnam YouTube ads due to government probe
Brands in Vietnam are stopping advertising on YouTube as the company is embroiled in a government investigation over alleged inappropriate content on its platform.
– Campaign

Vietnam’s high demand for IT professionals shoots up salaries
Vietnam’s growing information technology (IT) is seen driving recruitment demand and boost salaries for tech jobs, a recent survey found.
— VnExpress

Hanoi city administration exploring the use of Smart technology to automate public parking zones
Car owners in Hanoi often struggle to find suitable parking spaces, and have to pay high fees. The smart system could improve conditions for car owners and management efficiency.
– Open Gov Asia

Firms happy with tax reforms, want further simplification
Reforms in taxation procedures have elicited increased satisfaction from enterprises over the last two years, but they continue to expect further simplification, a survey by the Việt Nam Chamber of Commerce and Industry (VCCI) has found.
— Viet Nam News

AIIB urged to invest into Vietnam in 2017
Vietnamese Prime Minister Nguyen Xuan Phuc on Tuesday expressed his hope that there will be Asian Infrastructure Investment Bank (AIIB)-sponsored projects in Vietnam in 2017.
— ECNS

Global Fund pledges to continue support for Vietnam’s HIV fight
The financing organization said it wants to help Vietnam maintain the success in containing new infections and deaths.
– VnExpress

Visa QR payments coming to Indonesia, Pakistan, Vietnam
Visa will soon be expanding its QR-based mobile payment service to ten more markets, including Indonesia, Pakistan and Vietnam.
— Telecom Asia

Vietnam’s internet environment ranked 32nd in the world
The country is number one in the world for local content, but scores poorly on internet education.
— VnExpress

Japanese capital streaming into Vietnam
According to Jetro, Japan is ranked second in the list of nations and territories investing in Vietnam with the total investment value of US$42.29 billion.
— VietNamNet Bridge

Vietnam to prosecute 49 inmates for leading mass rehab center breakout
Over 500 inmates broke out of the facility in the southern province of Dong Nai and terrorized local people.
— VnExpress

Vietnam commits to 2030 Agenda for sustainable development
Deputy Prime Minister and Foreign Minister Pham Binh Minh has highlighted Vietnam’s commitments to the 2030 Agenda for Sustainable Development as well as the country’s support for cooperation partners at a UN meeting in Hanoi on March 7.
— VietNamNet Bridge

Vietnam to develop tourism on Danang peninsula
The Vietnamese government is moving ahead with plans to develop Danang’s Son Tra Peninsula into a national-level tourism area by 2025.
— Travel Daily Media

New Zealand willing to support Hanoi in education, agriculture
On March 7th, Chairman of Hanoi People’s Committee Nguyen Duc Chung received Mrs Wendy Matthews, New Zealand Ambassador in Vietnam.
— Hanoi Times

Ho Chi Minh City unveils $220m proposal to host 2021 SEA Games
A plan to host Southeast Asia’s biggest sporting event in 2021 will cost Ho Chi Minh City over VND5 trillion (US$220 million) in organization and upgrade expenses over the next five years, it is estimated.
— Tuoi Tre News

Vietnamese brands find footing in US, EU food markets
Instead of selling raw materials to foreign food producers, more and more Vietnamese food businesses are exporting quality branded products to strict markets like the U.S. or European Union (EU) for higher values.
— Tuoi Tre News

Shifting sands: illegal VN sales to Singapore
Quite a few Vietnamese companies are taking advantage of sand dredging privileges authorised by the Government to rake in huge illegal profits, according to an expose by the Tuổi Trẻ (Youth) newspaper.
— Viet Nam News

Feature photo: Robert Pastryk

The Vietnam morning news roundup is published M-F by AEC News Today: Governance, not government; policies not politics.

Vietnam Morning News For March 8 added by Leakhena Khat on March 8, 2017
View all posts by Leakhena Khat →

Bio
Latest Posts

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.