Vietnam morning news for March 1

Vietnam morning news for March 1

Vietnam morning newsVietnam recommended to develop high-speed railway
Experts from the Republic of Korea (RoK) have recommended Vietnam develop a high-speed railway network with the track gauge of 1,435mm.
— VNA NET

Vietnam reconsiders luxury tax to lower car production costs
If the luxury tax on domestically made car parts is removed, production costs could be considerably lower and the low-cost car dreams would be within reach.
— VietNamNet Bridge

Hanoi earns 2.24 billion USD from exports in two months
Vietnam’s capital city of Hanoi earned an estimated 2.24 billion USD from exports in the first two months of this year, up 21.3 percent year-on-year, according the municipal Statistics Office.
— VietnamPlus

US corporation to invest $170 million in aircraft components factory
U.S. corporation UAC will manufacture aircraft components at a $170 million factory in Da Nang.
— VnExpress

Firms optimistic about expanding their business
Nearly 70 per cent of surveyed firms planned to expand their businesses in the upcoming time as most of them were optimistic about business results in 2018.
— Viet Nam News

Vietnam issues silver coins and special stamps to celebrate Trump-Kim Summit
Many people queued in front of the stamp company, which just issued 300 commemorative silver coins to welcome the second DTrump-Kim Summit. Each person was allowed to buy one coin only. Everyone wants to own a coin as souvenir.
— Vietnam Insider

Mobile World doubles down on groceries business
Retail giant Mobile World Investment Corporation has announced plans to invest VND1 trillion ($43.07 million) in Bach Hoa Xanh, its groceries business.
— VnExpress

Vietnam’s fastest-growing companies in 2019 unveiled
A list of Vietnam’s 500 fastest-growing companies in 2019 (FAST500) was announced on February 28 by Vietnam Report, a corporate assessment agency.
— Nhan Dan Online

VN firms urged to study CPTPP rules
Vietnamese companies must know how to take advantage of and mitigate the adverse impacts of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a seminar heard on Wednesday.
— Viet Nam News

Vietnam Airlines inks deal with US Sabre innovative technology company
National carrier Vietnam Airlines and Sabre, a leading technology provider from the US, on Wednesday signed a strategic co-operation expansion agreement on aviation technology worth US$300 million.
— Viet Nam News

VN shows great potential for processed vegetable, fruit exports
More Vietnamese businesses should be shifting to processing and exporting vegetables and fruits, which has high demand worldwide, Vo Mai, Vice Chairwoman of the Vietnam Gardening Association, has said.
— VietnamPlus

Flights to Europe rescheduled due to Pakistan’s airspace shutdown
Vietnam Airlines rescheduled four flights between Vietnam and Europe on February 27 evening to adjust their routes so as to avoid the airspace shut-down of Pakistan.
— VietNamNet Bridge

Trump holds press conference after US-North Korea fail to reach deal
President Trump said he has not committed to a third summit between himself and North Korea’s Kim Jong Un, while holding a press conference in Hanoi.
— Vietnam Insider

Trade deficit estimated at 900 million USD in February 2019
Vietnam saw a trade deficit of nearly 900 million USD in February 2019, according to the General Department of Customs.
— VietnamPlus

North Korean delegation impressed by Vietnamese packaging firm’s business model
A North Korean delegation was impressed with the business model of the An Phat Plastic company in Hai Duong.
— VnExpress

White House: No agreement reached between Trump and Kim
The White House says no joint agreement was reached between President Trump and North Korean leader Kim Jong Un at their closely watched second summit.
— Vietnam Insider

Vĩnh Long works to increase mango exports to US
The Department of Agriculture and Rural Development of the southern province of Vĩnh Long is joining with the Green Path Việt Nam Trading and Import-Export Company to increase mango exports to the US.
— Viet Nam News

February’s consumer price index up 0.8 percent
Vietnam’s consumer price index (CPI) in February rose by 0.8 percent over the previous month, and 2.64 percent year-on-year, the General Statistics Office (GSO) announced on February 28.
— VietnamPlus

English learning app co-founded by Vietnamese raises $7 million
ELSA has raised $7 million in a Series-A round from Google’s AI Fund Gradient Ventures and other U.S. investors.
— VnExpress

Third Automechanika trade fair opens in Ho Chi Minh City
The third edition of Automechanika – one of the world’s most prestigious trade fair brands for the automotive service industry, opened its doors in Ho Chi Minh City on February 28.
— Nhan Dan Online

Brands launch ads to exploit Trump-Kim summit
Leading brands have attempted to leverage the Trump-Kim summit in Hanoi with advertising campaigns related to the event.
— VnExpress

Number of newly established enterprises falls sharply in February
Vietnam saw 5,900 newly established enterprises in February with a total registered capital of VND96.3 trillion (US$4.14 billion), down 41.5% in the number enterprises and 36.3% in terms of registered capital compared to January, according to the General Statistics Office.
— Nhan Dan Online

Vietnam promotes tourism during Hanoi Summit
The Ministry of Culture, Sports and Toursim has stepped up tourism promotion through domestic and foreign channels during the ongoing DPRK-USA Hanoi Summit Vietnam.
— VNA NET

Incentives should be applied for effective FDI firms: Deputy PM
Preferential policies should be applied selectively, targeting FDI businesses with effective operation rather than the scale of investment, Deputy Prime Minister Vuong Dinh Hue said at a working session with the Ministry of Finance in Hanoi on February 28.
— Nhan Dan Online

DPRK – USA Hanoi Summit journalists offered free airfare and five-star accommodations
Foreign and domestic reporters working at the International Media Center in Hà Nội during the ongoing DPRK – USA Hanoi Summit will receive free domestic airline tickets and accommodation at a five-star resort.
— Viet Nam News

VND to depreciate by 3% at most in 2018: BVSC
The Vietnamese dong will not depreciate much against the US dollar in the second half of this year, so the whole year’s slide will be 3 per cent at the most, the Bao Viet Securities Company (BVSC) has forecast.
— VietNamNet Bridge

Foreign visitors to Việt Nam set a record in Feb
An estimated 1.59 million foreigners visited Việt Nam in February, a month-on-month increase of 5.8 per cent, according to the General Statistics Office.
— Viet Nam News

Local authorities reject a series of FDI projects
The authorities of many cities and provinces throughout the country have simultaneously launched ‘purification operations’ and sent notices with the aim of discovering “disappeared” enterprises.
— VietNamNet Bridge

Positive signals in Vietnam – Russia bilateral trade in early 2019
In the first month of 2019, there were positive signs in welcoming the Vietnam Year in Russia and the Russia Year in Vietnam as export-import activities between the two countries were active, resulting in strong growth in the bilateral trade turnover compared to the same period last year.
— Nhan Dan Online

Netland targets 53 per cent increase in after-tax profit
Netland Real Estate Corp has set a target to achieve VNĐ110 billion (US$4.74 million) in after-tax profit this year, a year-on-year increase of 53 per cent.
— Viet Nam News

 

Feature photo World Vision
This week’s Vietnam morning news feature photo acknowledges Zero Discrimination Day, March 1.

 

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.

 

The following two tabs change content below.

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

Support independent media by sharing

Leave a Reply

Your email address will not be published.