Vietnam Morning News For April 22, 2020

MoIT issues regulations on auction of import tariff quotas on used autos
The Ministry of Industry and Trade on Monday issued regulations and an invitation to carry out an auction of import tariff quotas on used automobiles for this year.
— Viet Nam News

Facebook agreed to censor posts after Vietnam slowed traffic, say sources
Facebook’s local servers in Vietnam were taken offline early this year, slowing local traffic to a crawl until it agreed to significantly increase the censorship of “anti-state” posts for local users, two sources at the company told Reuters on April 21.
— The Star Online

Vietnam to ease social distancing campaign gradually
The Prime Minister said Monday Vietnam will ease social distancing step by step and implement adequate controls to avoid underestimating the Covid-19 epidemic.
— VnExpress

Vietnam has reported no coronavirus deaths – how?
Vietnam – a developing country that has a large land border with China and a population of 97 million people – has not reported a single death from coronavirus.
— The Conversation

Vietnam sees 2020 inflation at 3.2% to 4.3% -govt
Vietnam’s inflation this year is seen in a range of 3.2% to 4.3%, the government said on Tuesday, in line with its target of keeping inflation below 4% for the year.
— Yahoo News

Vietnam planning to resume all domestic flights this week
The Civil Aviation Administration of Vietnam (CAAV) announced today that is is requesting government’s permission to re-launch all domestic airline routes this week.
— eturbo News

Vietnam’s leadership, public showing strong response to contain coronavirus – WHO
Vietnam is staying on top of its coronavirus infections as a result of strong leadership by the government and cooperation among its people in helping to contain the spread, the World Health Organization’s regional chief said on Tuesday.
— The Star Online

Philippines sends home 143 citizens stranded in Vietnam
The Philippine embassy in Vietnam has repatriated 143 citizens from Hanoi and HCMC through a Philippine Airlines charter flight.
— VnExpress

Rice export continues despite pandemic and natural disasters
Deputy Prime Minister Trinh Dinh Dung on April 20 ordered the advancing of the export quota of 100,000 tonnes of rice from that which was set for May in order to ease difficulties for firms that have rice stuck at ports but are unable to submit customs declarations.
— NDO

Ministries propose tax breaks for coronavirus-hit businesses
Several ministries have proposed that businesses are given value-added and income tax breaks, and deferment of tax payment by up to one year.
— VnExpress

Pandemic Diplomacy Boosts Sino-Cambodian Ties, Estranging Vietnam
The leaders were attending a virtual ASEAN summit on the morning of April 14, highlighting their views on the pandemic and measures that needed to be taken to protect the region.
— VOA

Covid-19 impacts: IT sector bucks trend, offer more jobs
IT is among very few sectors seeing higher employment rates even as the Covid-19 pandemic cuts jobs elsewhere.
— VnExpress

Vietnam’s internet speeds meet user demand during Covid-19
Broadband internet download speeds in Vietnam average out at 61.69 Mbps, according to results from 30,000 users as announced by the Vietnam Internet Network Information Centre (VNNIC).
— NDO

Vietnam develops coronavirus contact tracing app
Bluezone, a Bluetooth-based app that helps determine if a person has come into contact with a Covid-19 patient, has got the Vietnamese government’s approval.
— VnExpress

Vietnam boasts 14.6 million ha of forest in 2019
Vietnam’s forest area totalled 14.6 million ha in 2019, with a coverage ratio of 41.89 percent, up 117, 925 ha in area and 0.24 percent in coverage against 2018, according to the Ministry of Agriculture and Rural Development.
— VietnamPlus

Vietnam squeezing the most out of exports
With the coronavirus disruptions creating a surplus of fruit some Vietnamese exporters are turning to juicing to reduce losses.
— Fruit Net

Vietnam reports no new COVID-19 cases for five consecutive days
Vietnam reported no new COVID-19 cases on April 21 morning, making it five days in succession without any new patients, according to the National Steering Committee for COVID-19 Prevention and Control.
— VietnamPlus

Vietnam to test TB vaccine against Covid-19 on medical workers
800 doctors and nurses from several frontline hospitals across Vietnam will participate in a tuberculosis vaccine trial against Covid-19.
— VnExpress

Donaco extends closure of Vietnam casino for another week as PM hints at easing restrictions
Donaco International Limited has extended by seven days the temporary closure of casino operations at Aristo International Hotel in Lao Cai, Vietnam, amid the ongoing COVID-19 pandemic.
— Asgam

EVFTA to grow Vietnam’s fertilizer industry
Free trade agreements (FTA), including the latest one signed between Vietnam and the EU, will benefit the domestic fertilizer sector, with more diverse import and export markets, experts said.
— VietnamPlus

Vietnam’s real estate market still attracts foreign investors
According to the report by Savills Vietnam, due to the impacts of the Covid-19 pandemic, Vietnam’s real estate market is under short term negative pressure because entry ban has disrupted foreign customers’ surveys and transactions, of which the number of customers from China, South Korea, and Japan accounts for the largest proportion.
— Sggp News

Paddy prices slightly drop as enterprises limit purchasing
According to Mr. Nguyen Van Doi, Director of Binh Thanh Agricultural Services Cooperative in Lap Vo District in Dong Thap Province, the prices of paddy in the Mekong Delta tended to decline in the past few weeks.
— Sggp News

Property developers ask for loosening of corporate bond policies
The HCM City Real Estate Association (HoREA) has asked for corporate bond regulations to be loosened to help businesses get through the COVID-19 pandemic, local media have reported.
— Viet Nam News

Ministry rejects proposal of lowering container service charges
The Ministry of Transport has rejected a proposal of cutting container loading and unloading service fees at seaports by 30 per cent, Nguyen Trí Đức, chief of the ministry’s office said.
— Viet Nam News

Thai energy firm invests $456.7m in four solar power plants in VN
The plants are Lộc Ninh 1, Lộc Ninh 2, Lộc Ninh 3 and Lộc Ninh 4 with a total installed capacity of 750 megawatts.
— Viet Nam News

Five key farm commodities achieve double-digit growth in March exports
Five out of eight key farming commodities resumed impressive exports with two-digit growth in March against the previous month although having the novel coronavirus (COVID-19) pandemic, said the General Department of Customs.
— Viet Nam News

Banks start to release business plans for 2020
Major banks are still expecting to report growth in the first quarter and for the rest of 2020 despite the disruptions caused by the COVID-19 pandemic.
— Viet Nam News

Retail industry face difficulties during COVID-19
Many businesses have been forced to implement social distancing rules due to the COVID-19 outbreak, and the retail sector has been hit hard.
— Viet Nam News

Việt Nam forecast to face historic heat waves in 2020
Việt Nam is forecast to suffer the highest temperatures ever recorded in 2020, according to the latest report by the Meteorological and Hydrological Administration.
— Viet Nam Net

Việt Nam’s export value to China up in Q1 despite COVID-19
Despite COVID-19 pandemic, Việt Nam achieved a high export growth value to China in the first quarter of this year, according to the General Department of Customs.
— Viet Nam News

Agricultural firms and cooperatives start selling online amid pandemic
Influenced by the pandemic, many agricultural production firms and cooperatives are developing their online trading channels to boost sales.
— Viet Nam News

Roof-top solar power offers saving solution during COVID-19 pandemic
Despite the impact of the COVID-19 pandemic and many countries limiting customs clearance, solar power enterprises with manufacturing plants in Việt Nam are still taking advantage of the domestic market to serve customers and sustain growth.
— Viet Nam News

Online tool enables foreigners to “travel” to Vietnam
Foreigners can now experience the next best thing to a holiday in Vietnam via an online tool called “Stay at Home with Vietnam”, which was launched by the Vietnam National Administration of Tourism (VNAT) and the Vietnam Tourism Advisory Board on April 20.
— NDO

Africa a potential market but firms must be careful
The Việt Nam Trade Office in Algeria urged Vietnamese exporters to be careful when doing business with African partners to tap the opportunity of exporting to this potential market.
— Viet Nam News

CapitaLand secures S$400 million in green loans to catalyse greening of global portfolio by 2030
CapitaLand Ltd has secured a total of S$400 million (US$281 million) in two bilateral green loans to catalyse greening of the group’s global portfolio by 2030.
— Viet Nam News

Prime Minister requests inspection over rice exports
The inspection results must be completed and submitted to the Prime Minister in June.
— Viet Nam News

Vietnam Court Upholds 11-Year Sentence For Music Teacher Who Posted Online Criticism
An appeals court in Vietnam on Monday upheld a lower court’s verdict in sentencing a music teacher to 11 years in jail for posting online criticisms of the one-party communist state and the government, the convicted man’s lawyer told RFA’s Vietnamese Service.
— Radio Free Asia

COVID-19: Transitioning Your Business for Remote Work in Vietnam
With the current outbreak of COVID-19 throughout the globe, businesses are having to consider how to effectively utilize their employees under the situation where physical contact between individuals is being restricted to a very high degree.
— Vietnam-briefing

Digital economy expected to increase labour productivity
Việt Nam needed to invest in the digital economy and seize the opportunities it provided to improve labour productivity.
— Viet Nam News

Vietnamese brands expected to be a highlight amid COVID-19
Vietnamese brands are expected to shine in the global supply chain, said Minister of Industry and Trade (MoIT) Trần Tuấn Anh in a letter of congratulations to the country’s community on Việt Nam Brand Day.
— Viet Nam News

HAGL Agrico shares available for afternoon trading only
Shares of Hoàng Anh Gia Lai Agricultural JSC (HAGL Agrico) are only tradable in the afternoon starting on April 23 due to its two-year cumulative loss, according to the Ho Chí Minh Stock Exchange (HoSE).
— Viet Nam News

HoSE adjusts large-cap basket, banks’ total weight increases
The Ho Chí Minh Stock Exchange (HoSE) has updated its large-cap VN30 basket and changes will become valid on May 4.
— Viet Nam News

Three captive bears in Nam Định rescued and taken to Việt Nam Bear Rescue Centre
Three captive bears that were kept on a farm in the northern province of Nam Định were taken to the Việt Nam Bear Rescue Centre in Tam Đảo National Park, Vĩnh Phúc province on Tuesday.
— Viet Nam Net

Deputy PM requests to use part of May rice quotas for this month
Deputy Prime Minister Trịnh Đình Dũng requested to provide 100,000 tonnes rice from the May quota to rice exporters that have goods stuck at ports but could not open customs declarations in April.
— Viet Nam News

Lessons from Vietnam’s COVID-19 victories
As of 21 April 2020, Vietnam had recorded 268 confirmed cases of COVID-19 and no deaths. Vietnam has successfully treated 201 patients, performed 206,253 tests and quarantined 62,998 people. Despite being a resource-limited country with a suboptimal healthcare system and sharing a long border with China, Vietnam is successfully managing the pandemic.
— East Asia Forum

Agricultural land tax exemption policy proposed to be extended to 2025
The Ministry of Finance said an estimated VNĐ7.5 trillion (US$3.2 billion) in agricultural land tax would be exempted every year in 2021-25.
— Viet Nam News

VN-Index gains for sixth straight session
The benchmark VN-Index on the Ho Chí Minh Stock Exchange gained for a sixth straight session on Monday, up 0.68 per cent to close trading at 794.97 points.
— Viet Nam News

Brokerage firm VDSC suffers loss in Q1
Rong Việt Securities (VDSC) posted a record loss of VNĐ88.4 billion (US$3.78 million) in the first quarter of 2020 as the company suffered from proprietary trading.
— Viet Nam News

Feature photo Support deprived families in Vietnam
This week’s Vietnam morning news feature photo focus on English Language Day, April 23

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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