Vietnam Morning News For April 16

Vietnam’s Fast-Growing Economy Signals Need To Expand Coal Sector
Bullish forecasts on Vietnam’s fast-expanding economy until 2030 has driven the government to find ways to boost the coal sector as it is expected that the country will see increased demand for energy.
— Business Times

HCM City tourism festival generates 120 billion VND in revenues
A tourism festival in Ho Chi Minh City under the theme “Happy Summer 2019” ended on April 14 with total sales of participating travel agencies reported at 120 billion VND (nearly 5.2 million USD) after four days.
— VNA NET

41 people killed by traffic accidents during Hung Kings holiday
The annual Hung Kings Temple Festival, which began on April 13, saw a total of 41 people killed with an additional 42 others injured as a result of traffic accidents.
— Vietnam Insider

As China stops solid waste imports, Vietnam fears it could become new dumping ground
China has vowed to stop importing solid waste by 2020, while Vietnam is still fumbling for solutions to control scrap imports.
— Vietnam Net

Motorbike ban cannot absolve Hanoi of infrastructure failure
After the city failed to execute a grand expansion plan initiated a decade ago, a motorbike ban would engender a feeling of injustice.
— VN Express

Saigon’s biggest underground sewer digs deep
Ten to 19 meters (33-62 feet) underground, around 200 people are working on a sewer system that will carry wastewater from the downtown area to a treatment plant in District 2.
— VN Express

Supermarkets use banana leaves, bagasse-made boxes for food packaging
Lotte Mart in HCM City pioneered the recent campaign of using non-plastic bags for food packaging. At its outlet in district 7, vegetables are wrapped in banana leaves instead of plastic bags.
— Vietnam Net

Vietnam Airlines gets stock exchange green light to list
The Ho Chi Minh Stock Exchange has given approval to the country’s biggest carrier, Vietnam Airlines, to list its shares.
— VN Express

Vietnam boasts export prospects to Czech market
According to Director of the European-American Market Department under the Ministry of Industry and Trade, Ta Hoang Linh, the two-way trade revenue between the two countries expanded at 10% over recent years.
— Nhan Dan

Vietnam: following an alternative path of finance
Given high internet penetration rates and the wide use of smartphones, it is not surprising that people are moving from traditional to alternative forms of lending.
— e27

Vietnam partners with Dutch consortium to improve shrimp quality
A collective of Dutch companies involved in the shrimp sector, including Skretting-owned Nutreco, have joined a project to improve the quality of Vietnamese shrimp aquaculture by sharing their own knowledge with the Southeast Asian industry.
— Undercurrent News

Vietnamese football to use video assistance for refereeing matches
Beset by controversial decisions, Vietnam’s top professional football league will start using Video Assistant Referee (VAR) this June.
— VN Express

Vietnamese frigates sail to China for naval review
The 011 Dinh Tien Hoang and 015 Tran Hung Dao vessels left Cam Ranh Bay in the central province of Khanh Hoa Sunday for a voyage of 3,600 sea miles to attend the event in the Yellow Sea off Qingdao City in eastern China.
— VN Express

Grab faces local challengers in fast-growing Vietnam market
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— FT

Can Vietnam’s Cities Ban Two-Wheel Transport?
Any traveler to Vietnam will be familiar with the experience: A trip here is not complete until the traveler ventures to cross the intimidating roads that heave with motorbikes, only to find that drivers will weave around the pedestrian and that there is in fact some order in the seeming chaos of the street.
— VOA

Clean water facilities presented to Central Highlands provinces
The Ho Chi Minh City Border Guard and the Vietnam Fatherland Front (VFF) chapter in Ho Chi Minh City on April 12-15 handed over four clean water facilities to the border guard forces and residents in the border areas of the Central Highlands provinces of Kon Tum, Gia Lai, Dak Nong and Dak Lak.
— VNA NET

Sabeco plans higher dividend despite declining net profit
Shareholders in Saigon Beer-Alcohol-Beverage Corporation (Sabeco) have approved a plan to raise its dividend payment for 2018 from 35 to 50 percent.
— VNA NET

Unsatisfactory pay, career path make Vietnamese quit jobs: survey
According to 47 percent of Vietnamese companies, their employees quit because of unsatisfactory salaries, a survey has found.
— VN Express

OANA helps popularise official news to region, world: VNA head
Since its establishment in 1961 at an initiative of the UNESCO, the Organisation of Asia-Pacific News Agencies (OANA) has become a forum at which news is directly exchanged among news agencies, helping popularise the official news from each country to the region and the world, a leader of the Vietnam News Agency (VNA) has said.
— Vietnam+

29 trafficked Vietnamese citizens found in UK van
Devon police stopped the van Friday morning (local time) following reports that a group of people were getting into the back of the vehicle after arriving on a boat.
— VN Express

Vietnam’s state finances assortment up 13.2 pct in Q1
Vietnam posted budget collection of 381 trillion Vietnamese dong (16.6 billion U.S. dollars) in the first quarter of this year, up 13.2 percent on-year.
— Infosurhoy

PMs of Vietnam, Romania hold joint press conference
Prime Minister Nguyen Xuan Phuc, now on a visit to Romania, on April 15 held a joint press conference with his host PM Viorica Dancila following their talks and signing of cooperation memorandums of understanding in Bucharest earlier the same day.
— VNA NET

Good prospects for exports to Czech Republic
Economic and trade ties between Vietnam and the Czech Republic (CZE) have made remarkable progress in recent years, with the latter becoming a major trade partner of Vietnam in Eastern Europe.
— VNA NET

Music programme raises 25.7 billion VND for the disabled, orphans
As much as 25.7 billion VND (1.11 million USD) was raised in support of the disabled and orphans nationwide during the 16th music programme “One heart – One world” in Hanoi on April 14.
— VNA NET

How much does it cost an expat retiree to live in Vietnam?
A couple of months ago I wrote an article entitled “Five reasons why Vietnam is ideal for retirement,” prompting questions from readers about the first item on my list: “Value For Money.”
— Vietnam Insider

The uncertain destiny of skyscrapers in Vietnam
Most skyscraper projects were drawn up nearly a decade ago when the real estate market was hot and investors dreamed of the tallest buildings, buildings with the highest numbers of stories, and the best designed buildings.
— Vietnam Net

Street carnival at Sam Son Sea Festival 2019
A street carnival was held to open the Sam Son Sea Festival 2019, drawing in thousands of local people and tourists who came to enjoy the events in Thanh Hoa province.
— Vietnam Net

PM calls for breakthrough in Vietnam – Romania economic ties
Prime Minister Nguyen Xuan Phuc called for a breakthrough in Vietnam – Romania economic, trade and investment ties in his address to the Vietnam – Romania business forum in the capital city of Bucharest on April 15.
— VNA NET

Feature photo Alotrip.com

This week’s Vietnam Morning News feature photo acknowledges the Hung Kings Festival

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).

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