Vietnam morning news for March 26

Vietnam morning news for March 26

Vietnam morning newsVietnam targets 5 bln USD in veggie, fruit export value by 2020
Boasting 1.8 million hectares of fruit and vegetable plantation, with many various zones applied advanced technologies into production, Vietnam aims to gain 5 billion USD from farm produce exports by 2020.
— VietnamPlus

Vnews launches new programme to support SMEs
The Vietnam News Agency’s Television Centre (Vnews), in collaboration with the Vietnam Association of Small and Medium Enterprises (VINASME), introduced a new programme to support small- and medium-sized enterprises (SMEs) at a recent ceremony.
— VNA NET

Viet Nam posts trade deficit of $5.2 billion with China in first two months
Viet Nam posted a trade deficit of US$5.2 billion with China in the first two months of this year, according to the General Department of Customs.
— Bizhub

Tourist arrivals to Hanoi continues to rise in Q1 2019
The number of visitors to Hanoi in the first three months of this year is estimated at more than 7.47 million visitors, a rise of 10.6 percent year-on-year, announced the municipal Department of Tourism.
— VNA NET

Made-in-Vietnam smart phones Vsmart to be distributed in Spain
VinSmart of Vingroup officially announced the distribution of Vsmart smartphones in Spain through the number one European consumer electronics retailer Media Markt.
— Vietnam Insider

Government takes bold measures to ensure safety of finance system
Poorly-performing State-owned people’s credit funds – a type of credit institution focusing on people in rural areas to help them escape poverty and avoid dependence on loan sharks – will be merged, acquired or dissolved to ensure the safety of the country’s finance and banking system.
— VNA NET

HCM City solicits foreign-invested firms’ support to develop economy
HCM City has called on foreign-owned enterprises to further contribute to its development by sharing their experience, ideas and technologies as well as investing in large projects.
— Bizhub

Vietnamese shares slip as global stocks decline
Shares dropped on both Vietnamese markets on the first trading day of the week, following the uneasy global market climate.
— VNA NET

MoF urges PVN to accelerate divestment in sensitive sectors
The Ministry of Finance (MoF) has asked the Vietnam Oil and Gas Group (PVN) to focus on accelerating its divestment in enterprises operating in sensitive sectors.
— Viet Nam News

Over 250 exhibitors join int’l exhibition on heating, air systems
The 2019 International Exhibition on Heating, Ventilation, Air-Conditioning, Air Filtration and Purification, and Refrigeration Systems Vietnam – the 13th of its kind – opened in Ho Chi Minh City on March 25.
— VNA NET

NCB strengthens co-operation, expands business activities
The National Citizen Commercial Joint Stock Bank (NCB) on Friday signed agreements with the Business Association of Quảng Nam Province and VN Đà Thành Group to strengthen co-operation and expand business activities.
— Viet Nam News

HCM City solicits foreign-invested firms’ support to develop economy
HCM City has called on foreign-owned enterprises to further contribute to its development by sharing their experience, ideas and technologies as well as investing in large projects.
— Viet Nam News

HCM City keen on boosting partnership with Singapore
Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan had a meeting on March 25 with Singaporean Deputy Prime Minister and Co-ordinating Minister for National Security Teo Chee Hean who is on an official visit to Vietnam.
— VNA NET

Vietnamese companies urged to prepare for impacts of US-China trade spat
With trade protectionism increasing, Vietnamese companies should prepare for trade-related lawsuits and disputes but also capitalise on possible opportunities from the ongoing US-China trade war, a top trade remedy official has said.
— Viet Nam News

Local authorities seek $132mn in state aid for construction of Sa Pa airport
Authorities in the northern Vietnamese province of Lao Cai have requested financial support worth more than US$132 million from the central government’s budget for the construction of an airport near its famed resort town of Sa Pa.
— Vietnam Insider

New policy to speed up bad debt settlement
The central bank is drafting a new circular regulating credit institutions’ trading and handling of non-performing loans (NPL) with the aim of forcing the institutions to focus more on bad debt settlement.
— Viet Nam News

PM calls on UAE firm to expand investment in Vietnam
Prime Minister Nguyen Xuan Phuc encouraged the United Arab Emirates’ (UAE) Investment Corporation of Dubai to expand investment in Vietnam, while hosting the group’s Executive Director and CEO Mohammed Ibrahim Al Shaibani in Hanoi on March 25.
— VNA NET

Agencies work to share driving licence database
The Transport Police Department under the Ministry of Public Security and the Directorate for Roads of Vietnam under the Ministry of Transport have agreed to share a driving licence management database.
— VNA NET

Forest illegally cut down along National Road 29 ahead of construction
Dozens of hectares of forest were illegally cut down and private properties were constructed along National Road 29 in the area between Ea Súp and Buôn Đôn districts as authorities admitted they were struggling to stop the encroachment.
— Viet Nam News

PM calls on UAE firm to expand investment in Viet Nam
Prime Minister Nguyen Xuan Phuc encouraged the United Arab Emirates’ (UAE) Investment Corporation of Dubai to expand investment in Viet Nam, while hosting the group’s Executive Director and CEO Mohammed Ibrahim Al Shaibani in Ha Noi on Monday.
— Bizhub

Food processing industry sees stable growth
Foreign and domestic investment has led to an annual growth rate of 10 per cent for the food processing industry sector in recent years
— Viet Nam News

Australian firm to conduct renewable projects in Việt Nam
Australia’s Macquarie Capital will soon invest in large-scale clean and renewable energy projects in Việt Nam, said its Chairman and Executive Director John Walker.
— Viet Nam News

Vietnam, US should work harder to overcome war consequences: US official
Although Vietnam and the US have seen encouraging outcomes of cooperation in dealing with war aftermath, there are much for them to do in the field, said Timothy Lieser, senior advisor at the US Senate Appropriations Committee.
— VNA NET

Vietnamese social influencer platform Hiip raised a 7-digit round led by Thai venture capital firm Vnet Capital
Hiip, the leading social influencer platform in Vietnam & Thailand, announced today that it has closed a 7 digit series A round led by Thailand’s Vnet Capital. Also investing were Japan Strategic Capital, Tokyo listed marketing technology company Rentracks and Singapore based Vulpes Investment Management.
— Vietnam Insider

Nghe An intensifies tourism promotion activities
The central province of Nghe An is stepping up tourism promotion to fulfill the target of welcoming about 6.5 million tourists in 2019, including 145,000 foreigners.
— VNA NET

FLC proposes new airline catering service processing area
FLC Group has submitted a proposal to the Ministry of Transport for a new airline catering service processing area at Tân Sơn Nhất International Airport.
— Viet Nam News

Sentences upheld for 13 rioters in Binh Thuan
The People’s Court of the central province of Binh Thuan upheld the first instance trial sentences of between two and three years imposed on 13 defendants charged with disturbance of public order at the provincial People’s Committee headquarters in June 2018.
— VNA NET

6,500-tonne oil tanker delivered to RoK
An oil/chemical tanker with a capacity of 6,500 tonnes was delivered to a company of the Republic of Korea (RoK) in the northern port city of Hai Phong on March 25.
— VietnamPlus

Da Nang moves towards food smart city
The central coastal city of Da Nang is working to turn itself into a food smart city as part of efforts to concretise its target of becoming an eco-smart urban area and a regional hub for startups and innovation until 2030 with a vision to 2045.
— VNA NET

Market trend hard to predict after difficult week
Investors should keep a careful watch over the market as price movements have been sensitive and showed no certain trends, analysts said.
— Viet Nam News

 

Feature photo Thangphan

 

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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