Vietnam Morning News For April 20

Vietnam Morning News For April 20

Vietnam morning newsIMF projects Viet Nam’s GDP growth by 6.6%
In a recent report, the International Monetary Fund (IMF) projected Viet Nam’s economy to grow by 6.6 per cent this year and by 6.5 per cent in 2019.
— Bizhub

Cement exports surge as China’s production drops
Vietnam’s cement industry saw strong growth in cement exports in the first quarter of this year as many Chinese cement factories shut down due to pollution and power shortages.
— VietnamPlus

Property tax law out of National Assembly’s next year agenda
There has been no official proposal for the submission of the draft law on property tax to the National Assembly to date, according to the NA’s General Secretary Nguyen Hanh Phuc.
— The Hanoi Times

Vietnamese police seize “deadly coffee” mixed with black powder from used batteries
A family-run coffee producer in Vietnam’s Dak Nong province has been caught producing coffee mixed with harmful ingredients from used batteries, dirt and rock dust and dyed black, Tuoi Tre News daily newspaper reported.
— Thai PBS

Vietnam’s socialist dream hits on hard times
Vietnam’s leading politician Nguyen Phu Trong had some advice for his socialist cousins during a recent visit to Cuba.
— Asia Times

Hanoi reviews investment activities in Q1
Hanoi has recently reviewed activities of the People’s Inspection Board and Community Investment Supervision Board in the first quarter of 2018.
— The Hanoi Times

Vietnam raises US$1.95 billion from G-bond so far this year
The State Treasury of Vietnam mobilised over VND44.4 trillion (US$1.95 billion) via Government bond (G-bond) auctions in the Hanoi Stock Exchange (HNX) since the beginning of 2018.
— Nhan Dan Online

​Vietnam should add more countries to visa-free list: insiders
The Ho Chi Minh City Tourism Association has called on Vietnam’s tourism watchdog to seek government approval to renew a nearly-expired visa-free travel policy with better conditions and more countries on the list of beneficiaries.
— Tuoi Tre

Central provinces target 2.5 million tonnes of rice in upcoming crops
The Ministry of Agriculture and Rural Development (MARD) has asked South Central and Central Highlands provinces to strive to produce at least 2.5 million tonnes of rice in this year’s upcoming crops.
— VietnamPlus

Clean production will help Vietnamese fruit compete with imports
Shifting to clean production is the right way for Vietnamese fruits to compete with the rising inflow of imports, both consumers and local fruit growers said.
— VietnamPlus

Vietnam still living on FIE exports
The saying ‘The first month (of the Lunar Year) is the time to play’ is no longer true in the global era.
— Vietnamnet Bridge

Korean new investment wave begins in Vietnam
There has been a new investment wave from South Korea to Vietnam, especially after the two countries reached cooperation agreements during a recent visit of Korean President Moon Jae In to the country.
— The Hanoi Times

Fruit exports chief concern for provinces
The northern provinces of Bac Giang, Hung Yen, Hai Duong and Son La have proposed boosting exports of litchi and longan to foreign markets, including China.
— Bizhub

Vietnam gearing up for upcoming lychee and longan harvests
The Ministry of Agriculture and Rural Development (MARD) held a conference on April 18 to discuss measures to promote the sale of lychees and longans, both on the domestic market and abroad, in the upcoming months.
— Nhan Dan Online

Vietnam Digest: Vinafood 2 to trade on UPCoM; KIDO to buy 51% in Golden Hope
Vietnam Southern Food Corporation (Vinafood 2) will trade on UPCoM with a total 114.8 million shares while food major KIDO Group plans to acquire 51 per cent stake in cooking oil producer Golden Hope.
— DealStreetAsia

Vietnam’s agriculture ministry to cut nearly 70% of business rules
The Ministry of Agriculture and Rural Development (MARD) has proposed the abolishment and simplification of nearly 70% of 345 business conditions under its jurisdiction.
— Nhan Dan Online

Vietnam, Myanmar agree to bolster trade, investment
Vietnamese Prime Minister Nguyen Xuan Phuc and visiting State Counselor of Myanmar Aung San Suu Kyi agreed on Thursday to further deepen bilateral trade and investment.
— Xinhua

Vietcombank earns $7.5m by divesting Orient Commercial Bank stake
Vietnam’s largest lender by market value, Vietcombank (VCB), has earned approximately VND172 billion ($7.56 million) by offloading its entire stake in Ho Chi Minh City-based Orient Commercial Bank (OCB).
— DealStreetAsia

China usurps US as Vietnam’s top export market: report
Vietnam’s exports to China surged about 15 times to $50.6 billion over the past decade.
— VnExpress

Indian investors keen on energy projects in Vietnam
Investment ties between Vietnam and India are expected to further develop in the months to come with energy as one of the focuses.
— VietnamNet Bridge

Sneaky moves on catfish by Southern lawmakers could spark trade war with Vietnam
With the exception of the annual catfish festival, which still draws thousands on the first Sunday of April (unless it’s Easter), this once-bustling town is a dusty shell.
— Washington Times

 

Feature photo Edgardo W. Olivera

 

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).

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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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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