Vietnam morning news for March 27

Vietnam morning news for March 27

Vietnam morning news

Ministry advises people to stay home as Covid-19 cases rise to 148
This morning, Vietnam’s Ministry of Health announced seven more cases of novel coronavirus disease (COVID-19) bringing the total infected cases to 149 patients in the country advising people against going out unless absolutely necessary.
— Sggp News

Vietnam quarantines tens of thousands in camps amid vigorous attack on coronavirus
Vietnam has sent tens of thousands of people to quarantine camps as waves of overseas citizens return home to escape a coronavirus pandemic spreading in Europe and the United States.
— Reuters

Taiwan Factory Fire Kills 3 Foreign Workers After Calls to Abolish On-Site Dorms Go Unanswered
A fire in a Taichung factory took the lives of three Vietnamese workers. Past calls to ban on-site housing for factory workers have been rejected by Taiwan’s labor ministry.
— The Diplomat

‘Made in Vietnam’ Goods Increasingly Popular in US
“Made in Vietnam” cell phones, lounge chairs and clothing have become more popular with Americans than ever before. U.S. imports from the Southeast Asian nation have increased to record levels, showing the two sides increasingly interlinked, despite U.S. President Donald Trump’s taking a tougher line on commerce with Vietnam.
— VOA

Vietnamese airline launches controversial coronavirus insurance
As major airlines across the world continue to halt flights and ground aircraft due to the coronavirus, one budget carrier has gone for a very different and rather divisive approach to the global pandemic.
— CNN

COVID-19 drives the demand for online financial services
With a growing spread of coronavirus and social distancing globally, people are increasingly searching for digital services able to meet their current needs in food and essentials, healthcare and finance. Asia is not an exception.
— Vietnam Insider

Vingroup proposes a 4.23 mil USD relief package to combat Covid-19
Conglomerate Vingroup recently proposed a relief package worth 100 billion VND (4.23 million USD) to procure medical equipment and chemicals for testing of the novel coronavirus SARS-CoV-2 that causes COVID-19.
— Vietnam Insider

Hanoi shuts eateries, entertainment facilities as coronavirus spread fast
Chairman Nguyen Duc Chung warns local people of high risk of community transmission in the coming days.
— The Hanoitimes

Noi Bai airport suspends receiving flights carrying Vietnamese citizens from abroad
The Ministry of Transport sent an urgent dispatch to the Civil Aviation Authority of Vietnam (CAAV) on the suspension of international flights carrying Vietnamese citizens to the Hanoi-based Noi Bai Airport starting from 0:00am on March 26.
— VietnamPlus

280 foreigners in central Vietnam complete quarantine
175 tourists in Da Nang, 66 in Quang Nam Province and 40 in Thua Thien-Hue Province have finished their 14-day compulsory isolation.
— VnExpress

COVID-19: Vehicle Entry Permit for Malaysia-registered vehicles extended until Jun 30
The validity period for a Vehicle Entry Permit (VEP) for Malaysia-registered vehicles will be extended until Jun 30 to help Malaysians who have opted to stay in Singapore during the period of Malaysia’s movement control order, the Land Transport Authority (LTA) said on Thursday (Mar 26).
— CNA

Automakers seek tax breaks amid slump caused by pandemic
Automakers are seeking tax breaks and fee waivers for buyers to boost demand amid dwindling sales due to the coronavirus pandemic.
— VnExpress

Sacombank launches Covid-19 insurance product
With the Covid-19 pandemic continuing to threaten, Sacombank and the Post and telecommunication Joint Stock Insurance Corporation (PTI) have launched an Anti Covid -19 insurance product for Vietnamese citizens and corporates operating in Việt Nam with coverage of up to VNĐ150 million (US$6,335).
— Viet Nam News

Vinatex to ask for permission to export anti-virus products
Vietnam National Garment and Textile Group (Vinatex) will ask for the Government’s permission to export anti-virus products as a measure to overcome difficulties caused by the novel coronavirus (COVID-19) pandemic.
— Viet Nam News

Uniqlo Vietnam to open second store in Ho Chi Minh City
Uniqlo Vietnam is to open Ho Chi Minh’s second store this year despite the coronavirus outbreak.
— Insider Retail

Ministry targets no drop in exports this year despite COVID-19
The Ministry of Agriculture and Rural Development has targeted no drop in export value of agricultural products this year, even though the sector was hit hard by the novel coronavirus (COVID-19) pandemic from the beginning of this year.
— Viet Nam News

Railroad operators suspend more routes as coronavirus continues to hit demand
Several trains to tourist destinations will be suspended from Thursday due to the dwindling demand as a result of the coronavirus pandemic.
— VnExpress

Rice traders cry foul over sudden export ban
Rice traders are unhappy with the sudden government ban on exports that has million dollar worth of cargo idling at ports.
— VnExpress

Southeast Asia’s largest solar power plant to be built in Vietnam
A 450 megawatt solar power plant, the largest of its kind in Southeast Asia, will be built in the south central province of Ninh Thuan in Vietnam.
— WAM

Algeria a potential market for Vietnamese products
Algeria is a potential market for exports of Vietnamese staples, especially coffee and rice, official statistics show.
— VietnamPlus

Young Saigoneers take on odd jobs amidst epidemic
It is hard enough to get a job without proper certifications in more peaceful times, but just 2 weeks after the epidemic put Tram (22 years old) out of her job at a restaurant, she has found a new source of income.
— Sggp News

Vietnamese beauty brand fuses tradition with technology
International labels dominate Vietnam’s market for high-end beauty products, but that did not deter Do Duy Khanh and Dinh Phuong Anh, who have carved out a niche for their brand — Skinlosophy.
— Vietnam Insider

Vietnam puts food security at top priority during Covid-19 pandemic
If Vietnam continues to export rice with the same pace as it did in the first two months of 2020, the country may face a shortage of essential food.
— The Hanoitimes

VIDA proposes solutions to rescue business from COVID-19 impact
The Vietnam Digital Agriculture Association (VIDA) proposed the Government increase updates of accurate market information and the developments of the COVID-19 outbreak, helping businesses balance their imports with domestic consumption as well as setting operation plans.
— Viet Nam News

VNTA asks network operators to ensure online services during pandemic
The Việt Nam Telecommunications Authority (VNTA) under the Ministry of Information and Communications asked network operators to ensure the quality of telecommunications services.
— Viet Nam News

Govt official reassures there will be no rice shortage
Việt Nam’s rice exports surged this year to 1.29 million tonnes worth US$602 million by mid-March, 26.5 per cent and 34.6 per cent up.
— Viet Nam News

HCM City strives to keep number of COVID-19 cases within 300
Secretary of the HCM City Party Committee Nguyen Thien Nhan has asked relevant agencies to further strengthen COVID-19 prevention and control measures so that the number of cases in the city is contained within 300.
— VietnamPlus

Firms keep buying back their own shares
Many local firms are buying back their shares to boost ownership during the COVID-19 pandemic.
— Viet Nam News

Insider story: Vietnam has been like a second home to me
Vietnamese officials have been calling out against discrimination as foreigners are acquiring a stigma due to the coronavirus pandemic. Authorities in Hue, Hoi An and Da Nang have urged hotels and restaurants to be friendly toward foreign tourists. But some foreigners complain about the stigma they have faced. Here is a story of Armand Rautenbach, an expat in Vietnam shared with Vietnam Insider:
— Vietnam Insider

Export of agricultural products to China show positive signs, says businesses
Trade and customs clearance of agricultural products at border gates on the border with China got back to normal but slow due to strict adherence to regulations of preventing the outbreak of COVID-19 virus.
— Viet Nam News

4 Fintech Startups from Vietnam to Watch out for in 2020
Vietnam’s fintech industry gained pace in 2019. Last year, Vietnam ranked second in ASEAN in terms of fintech funding (36%), second only to Singapore (56%). The sharp increase in funding was attributed to two large deals going to payments companies VNPay (US$300 million) and MoMo (US$500 million). The two deals were the top largest and third largest funding rounds of the region.
— Fintech News

Enterprises need support through fiscal policies
After the US Federal Reserve reduced its benchmark interest rates to zero to 0.25 percent per annum within two weeks on March 16, the central banks of other countries also made the same moves.
— Sggp News

Ninh Thuan seeks to boost production in dry season
The central province of Ninh Thuan is seeking ways to boost production in the dry season 2020, including focusing on more lucrative crop varieties and those with increased tolerance to drought.
— VietnamPlus

Pandemic has no impact on business: An Phát Bioplastics
The global spread of COVID-19 has had an insignificant impact on An Phát Bioplastics JSC’s performance in the first three months, shareholders were told on Wednesday.
— Viet Nam News

Vietnam to consider wildlife trade ban because of Covid-19 pandemic
Vietnam is considering a ban on the wildlife trade after conservation organisations appealed to Vietnam’s Prime Minister, Nguyen Xuan Phuc, to stop all illegal wildlife trade and consumption in the country following the Covid-19 pandemic.
— Mothership

Vietnamese currency more stable than other regional peers
Though the unofficial value of the Vietnamese dong is now down about 3 per cent against the US dollar, the rate is still a smaller depreciation than that seen by most of Việt Nam’s regional peers and expected to stabilise around the level, management fund Vinacapital reported.
— Viet Nam News

Wood product processors need to restructure production due to COVID-19
Local wood processing enterprises need to continue reorganising their production and business activities to deal with difficulties during the novel coronavirus (COVID-19) pandemic, according to the Ministry of Agriculture and Rural Development (MARD).
— Viet Nam News

Foreign currency market eases following central bank’s intervention
The US dollar on Wednesday depreciated against the Vietnamese dong after the State Bank of Việt Nam (SBV) sold the greenback on the cheap to stabilise the local foreign exchange market.
— Viet Nam News

How COVID-19 affects Vietnamese consumers’ FMCG spend and purchase behaviours
The COVID-19 outbreak has hit fast-moving consumer goods (FMCG) businesses but not all categories and retailers will suffer negative impacts, according to global data and consulting company Kantar Worldpanel.
— Viet Nam News

VN-Index witnesses largest one-day gain since 2012
Vietnamese shares bounced back on Wednesday thanks to the upbeat global mood as massive stimulus efforts injected optimism amid the rapid spread of COVID-19.
— Viet Nam News

English learning app ELSA offers free 3-month course for all
Young start-up entrepreneur and founder of ELSA Speak, Văn Đinh Hang Vũ, has announced that everyone can use the English study package on its ELSA PRO app for free for three months to improve their English skills amid the COVID-19 outbreak and school closure.
— Viet Nam News

Banks slash fees for interbank fund transfers
Thirty seven commercial banks have confirmed the reduction of the fees for interbank fund trasfers following the move of the National Payment Corporation of Việt Nam (NAPAS) to halve the switching fees for local banks from Wednesday.
— Viet Nam News

Securities service fees cut does help, but more drastic measures in need: experts
To urgently support the stock market, the finance ministry cut fees of nine securities services and exempted fees for six others from March 19.
— Viet Nam News

 

 

Feature photo Path

This week’s Vietnam morning news feature photo focus on World Tuberculosis (TB) Day, March 24.

 

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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Vietnam morning news roundup is the most comprehensive hand-curated selection of Vietnam English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Vietnam English language news today.

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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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