Vietnam Morning News For February 28

Vietnam Morning News For February 28

Vietnam morning newsGovernment ratifies aviation transport development plan till 2020
Deputy Prime Minister Trinh Dinh Dung recently signed a decision to approve the revision of the national aviation transport development plan till 2020 with a vision to 2030 in an aim to help Vietnam among the top four leading nations in air traffic in ASEAN.
— The Hanoi Times

Vietnam projects $21bn export revenue from cultivated products
The cultivation sector aims to earn export revenues of more than $21 billion this year, a year-on-year increase of 2.2-2.3 per cent, the Vietnam News Agency reported the Ministry of Agriculture and Rural Development as saying.
— Fresh Plaza

PetroVietnam requests financial assistance to help loss-making projects
State-owned oil and gas group PetroVietnam (PVN) is intending to channel its money into assisting 12 failed projects in the industry and trade sector, whose debts total about VND20 trillion (US$879.8 million).
— Tuoi Tre

Hanoi calls for investment on 10 metro lines
Hanoi’s authorities have submitted a plan to the prime minister calling for USD40bn in ODA investment and proposals on how to implement 10 metro projects.
— VietnamNet Bridge

Hanoi strives to popularise non-cash payments by late 2020
The Hanoi People’s Committee has issued a plan to promote the development of non-cash payment services in the capital city during the 2018-2020 period.
— Nhan Dan Online

Leather industry anticipates favourable year in 2018
The leather-footwear industry expects a good year in 2018 thanks to several favourable factors, according to Secretary General of the Vietnam Leather, Footwear and Handbag Association (LEFASO) Phan Thi Thanh Xuan.
— VietnamPlus

Sugar prices plunge on smuggling
Sugar prices in domestic market have fallen so sharply that sugar mills and sugarcane farmers in the Cuu Long (Mekong) Delta are facing difficulties.
— Bizhub

Rice exports see positive signals in new year
Rice export turnover in the first months of 2018 has increased over the same period last year, both in volume and value.
— Nhan Dan Online

VN makes significant progress in sustainable finance reforms
Viet Nam has made significant progress in banking reforms to expand sustainable lending, says the first comprehensive Global Progress Report of the Sustainable Banking Network (SBN), released on Monday.
— Bizhub

Vietcombank sells Vietnam Airlines shares; Toong, BIM launch co-working ops in Laos
Vietcombank has earned $14.6 million by selling 7.6 million shares of Vietnam Airline, while co-working space operator Toong has partnered with real estate developer BIM Group to launch a co-working space in Laos.
— DealStreetAsia

Garment firms need more workers for expanding operations
Many garment-textile companies in Ho Chi Minh City are recruiting more employees to expand operations after the Lunar New Year (Tet) holidays.
— VietnamPlus

Crab price highest in 5 years
The price of commercial crabs in Bac Lieu Province as well as in other provinces in the Cuu Long (Mekong) Delta region has reached a record high since early this year.
— Bizhub

Tra fish prices hit record high amid material shortages
The prices of tra fish (pangasius) in the Mekong Delta is hitting a record high, exceeding 30,000 VND per kilogramme, bringing high profits to local farmers, but businesses are facing shortages of material fish.
— VietnamPLus

Malaysian retailer Parkson closes fourth store in VN
Parkson, the retail arm of Malaysian conglomerate Lion Group, has closed Parkson Flemington in HCM City, after eight years of operation.
— VietnamNet Bridge

Vietnam Dealbook: SCIC to sell shares in Maritime Bank; IOC, Pertamina eye BSR
Vietnam’s sovereign wealth fund State Capital Investment Corporation (SCIC) is offering 2.4 million shares of Maritime Bank for sale while Petrolimex and Indian Oil Corp have registered to become strategic partners of Binh Son Refining and Petrochemical.
— DealStreetAsia

Government accepts VTA certificate issued by Thailand
The Ministry of Transport has accepted the model of Vehicle Type Approval (VTA) certificate issued by the Thailand Government for vehicles exported to Viet Nam.
— VietnamNet Bridge

Can Tho: 200 billion VND to help Khmer people seek jobs
Coordinated by the municipal Department of Labour, Invalids and Social Affairs and Committee on Ethnic Minority Affairs, the project will be carried out in the districts of O Mon, Co Do, and Thoi Lai, which are home to large Khmer communities. Authorities in the three districts will use local budgets to cover nearly 100 billion VND (4.4 million USD) of the project’s total cost.
— dtinews


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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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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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