Vietnam morning news for April 19

Vietnam morning news for April 19

Vietnam morning news

Vietnam exports first batch of mangoes to US
The Mekong Delta province of Dong Thap has become the first locality in Vietnam to export mangoes to the US.
— VNA NET

Vietnam Rubber Group urged to aim for US$10 billion revenues
Deputy Prime Minister Vuong Dinh Hue has asked the Vietnam Rubber Group (VRG) to restructure its business and increase its revenues to US$10 billion in the future.
— Nhan Dan Online

Vietnam and Thailand lead drive to make Southeast Asia cashless
Governments across Southeast Asia are pushing ahead with efforts to create cashless economies, with less developed countries such as Vietnam and Thailand leapfrogging richer ones like Singapore and Malaysia in electronic payments.
— Nikkei Asian Review (paywall)

Domestic property market stable in Q1
The domestic property market showed stable development in the first quarter of this year with the emergence of potential new property trading regions.
— Viet Nam News

Sacombank organises seminar on metals trading on London exchange
Sacombank and the London Metal Exchange recently organised a seminar on metals trading on the LME for customers trading metals such as aluminium, zinc, copper, lead, and tin, and having demand for commodity price insurance.
— Viet Nam News

Construction material supply meets domestic demand
Stable production and supply-demand balance has helped Vietnam’s construction materials industry better meet domestic demand, according to the Department of Construction Materials under the Ministry of Construction.
— VNA NET

Petrolimex targets 26% dividend payout
The Việt Nam National Petroleum Group (Petrolimex) plans to make a 26 per cent dividend payout for its performance in 2018.
— Viet Nam News

AirAsia Drops Plan For Joint-Venture In Vietnam
AirAsia’s meanwhile third attempt to set up a low-cost carrier in Vietnam has fallen through as the airline on April 17 announced it terminated a joint venture with local partners.
— Investvine

Experts discuss promoting Vietnamese trademarks
Vietnamese enterprises need good trademarks to succeed in the global market, according to Lê Doãn Hợp, former minister of Information and Communications.
— Viet Nam News

State Treasury raises more than 90 million USD via G-bonds
The State Treasury of Vietnam has mobilised more than 2.1trillion VND (90.13 million USD) through Government bond auctions on the Hanoi Stock Exchange (HNX).
— VNA NET

Industrial property boosts appeal to investors
Hanoi (VNA) – A large number of companies from Europe, the Republic of Korea, Japan, and China are choosing to invest in building manufacturing facilities in Vietnam, promising a boost to the development of the industrial property segment.
— VietnamPlus

McDonald’s opens second restaurant in Hanoi
Mr. Nguyen Huy Thinh, General Manager of McDonald’s Vietnam, tells VET about the opening of the second restaurant in Hanoi and the use of digital technology.
— Vietnam Insider

Central bank asks for tightened control over real estate loans
Hanoi (VNS/VNA) – The State Bank of Vietnam (SBV) has asked for the control over real estate loans by credit institutions to be enhanced, especially in areas showing signs of land price fever.
— VietnamPlus

Former German vice chancellor: Coming to Vietnam a step forward in career
Dr. Philipp Roesler, former vice chancellor of Germany, said his experience has prepared him for his new role in Vietnam supporting startups.
— Vietnam Insider

US legislative assistants visit HCM City
A delegation of US legislative assistants had a meeting with National Assembly (NA) deputies of Ho Chi Minh City on April 18, as part of their working trip to Vietnam.
— VNA NET

Car imports skyrocket in first quarter
Vietnam imported 39,000 vehicles in the first quarter this year compared to only 4,000 in the same period in 2018.
— VnExpress

Shares extend losses on low liquidity
Shares continued to slide with low liquidity on the two national exchanges on Thursday morning.
— VNA NET

Programme to augment value of “Vietnam” brand
The Ministry of Industry and Trade (MoIT) is building a national brand programme to promote the standing of Vietnam-branded products in both domestic and foreign markets.
— VNA NET

China, Vietnam Fall Further in Already Low Rankings for Press Freedoms: Report
Tightened political controls in China and Vietnam caused both countries to see further declines in press freedoms during the last year, with each dropping another point to 177 and 178 respectively in a 180-country ranking released by media watchdog Reporters Without Borders on Thursday.
— Radio Free Asia

Truong Hai Auto to spend up to $45 million to buy stake in HAGL Agrico
Truong Hai Auto Corporation (Thaco) has registered to buy 69.7 million shares of Hoang Anh Gia Lai JSC’s agriculture arm (HAGL Agrico) between April…
— VNA NET

Hmong: Religious Persecution Continues in Vietnam
In Vietnam, Hmong Christians continue to endure persecution by the Vietnamese authorities because of their religious beliefs. While Hanoi has implemented significant restrictions on religious freedom, the arbitrary arrests and detentions of Hmong Christians are framed as defending national unity and security. This adds to the marginalisation of the Hmong community in Vietnam and the wider region.
— UNPO

Int’l cooperation key to sustainable development of cooperative sector
Deputy Prime Minister Vuong Dinh Hue called on cooperatives in the Asia-Pacific region to boost cooperation and connect markets to promote sustainable development of the cooperative sector.
— VNA NET

VN property market unlikely to see big dip, says Savills global chief
Việt Nam is one of Asia’s most vibrant property markets and a long-term strategic area for Savills. Mark Ridley, newly appointed Group CEO for Savills, spoke to Việt Nam News correspondent Thu Hằng about how to attract foreign investment into the Vietnamese real estate market during a visit to HCM City last week.
— Viet Nam News

US, EU investment capital poured into southern localities
Foreign direct investment (FDI) from the EU and US has been pouring into southern localities like Ho Chi Minh City, Dong Nai, and Binh Duong provinces.
— VNA NET

2nd Co-operative Registrars’ Forum opens in HCM City
The International Cooperative Alliance – Asia and Pacific (ICA-AP) in collaboration with the Vietnam Co-operative Alliance (VCA) is holding the 2nd Co-operative Registrars’ Forum on “Creating enabling legal frameworks and policies to promote sustainable development of co-operatives in the 21st …
— Viet Nam News

Phu Tho welcomes 7 million arrivals to Hung Kings Temple festival
The Hung Kings Temple historical relic site in Viet Tri city, the northern midland province of Phu Tho, welcomed over 7 million visitors during the Hung Kings Temple Festival from April 5-14.
— VNA NET

US to bolster maritime support for Vietnam, with possible warship visit this summer
The U.S. Navy is planning two major port calls in central Vietnam this year as it seeks to strengthen maritime relations, a U.S. admiral said.
— VnExpress

Local yarn industry experiences difficulties
Vietnam’s yarn industry faces many challenges in production and export, especially to China, one of the largest export markets for local yarn products, according to experts.
— VNA NET

Drug trafficking suspects arrested in Son La, Hoa Binh
Police in the northern mountainous province of Son La arrested a suspect illegally transporting nearly 6.5 kilogrammes of heroin in Long Luong commune, Van Ho district, on April 17.
— VNA NET

Another ton of meth found in Vietnam
Police in Vietnam made another huge drug seizure this week, finding a ton of what is believed to be crystal meth that was dumped near a salt field in the country’s north after residents called the authorities.
— Asia Times

US legislative assistants visit HCM City
A delegation of US legislative assistants had a meeting with National Assembly (NA) deputies of Ho Chi Minh City on April 18, as part of their working trip to Vietnam.
— VNA NET

OANA 44: VNA contributes to Vietnam’s international integration
During more than 70 years of development, the Vietnam News Agency (VNA) has grown to become a trustworthy national information centre and a prestigious news agency in the region.
— VNA NET

Malaysia explores investment opportunities in automobile sector in Vietnam
Vietnam is an attractive market for the automobile manufacturing industry because of its young markets and attractive investment and business policies, Malaysian Ambassador to Vietnam Dato’ Mohd Zamruni Khalid stated.
— Nhan Dan Online

Logo design contest for ASEAN Year 2020 launched
A design contest for the logo of the ASEAN Year 2020 was launched in Hanoi on April 18.
— 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).

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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