Vietnam Morning News For April 30, 2020

MoIT proposes removing rice export quota
The current quota means firms were allowed to export 400,000 tonnes of rice in April to ensure food security amid the COVID-19 pandemic.
— Viet Nam News

Hanoi licenses 235 new FDI projects from January-April
Hanoi licensed 235 new foreign-invested projects with a total registered capital of VD324 million in the first four months of 2020.
— NDO

Hanoi to spend US$149 million to aid 1.4 million people hit by pandemic
Hanoi’s authorities will try to disburse a part of the money to support people in need before April 30.
— The Hanoitimes

Vietnam’s export up slightly in first 4 months
Vietnam made export turnovers of more than 82.9 billion U.S. dollars and saw import turnovers of nearly 79.9 billion U.S. dollars in the first four months of this year, up 4.7 percent and 2.1 percent on-year respectively, the country’s General Statistics Office said on Wednesday.
— Xinhua

Trade surplus reaches US$3 bln in four months
Viet Nam enjoyed a trade surplus of US$3 billion in the first four months of 2020, according to the General Statistics Office.
— VGP Ministerial Activities

Vietnam tourism businesses proposed US$6.4bn aid package
The credit package is equivalent to about 25% of total tourism revenue in 2019.
— The Hanoitimes

Building plans to produce and consume lychee in 2020 season
With more than 28,000 ha of lychee, the northern province of Bac Giang is expected to harvest over 160,000 tonnes of lychee this season, an increase of 10,000 tonnes compared to the 2019 season.
— NDO

State budget revenue reaches over VND427 trillion in first four months
As of April 15, total revenue of the State budget reached VND427.2 trillion (over US$18.17 billion), equivalent to 28.2% of the yearly estimate, according to the General Statistics Office of Vietnam.
— NDO

Industrial production index rises slightly across four months
Vietnam’s index of industrial production (IIP) has increased by 1.8% in the first four months of 2020, the lowest level over recent years, according to the General Statistics Office (GSO).
— NDO

Vietnam’s CPI in April down 1.54% as fuel, non-food prices drop
The consumer price index (CPI) in April dropped by 1.54% against the previous month and 1.21% from the end of 2019 as the prices of fuel and non-food products saw a sharp decline.
— NDO

New shipping route connects China and Vietnam
First shipment of Vietnamese dragon fruit takes seven days to reach China via newly added shipping route.
— FruitNet

Vietnam developing guidelines on plasma therapy to treat Covid-19
The Vietnamese health ministry confirmed that they would soon issue interim guidelines on the use of plasma from recovered Covid-19 patients as a possible treatment for the disease.
— The Star Online

Vietnam could fall short of 2020 target of one million businesses
Vietnam could miss its target of having one million businesses this year since the coronavirus pandemic has caused many to shut down.
— VnExpress

Coronavirus death toll in US now exceeds that of Vietnam War
Johns Hopkins University’s death toll in the country reached 58,351 as of Tuesday night, surpassing the 58,220 who died during the Vietnam War that lasted almost 20 years, according to the National Archives.
— The Hill

E-commerce fails to tap pandemic rise in demand: report
Vietnam’s Sendo saw the biggest plunge at 20 percent to 17.6 million visits per month, while Singapore’s Lazada dropped 7 percent and Vietnam’s Tiki saw little change, according to a report by Malaysia-based online shopping aggregator iPrice Group.
— VnExpress

Vietnam flings open the doors, Thailand and Malaysia peek through the curtains
Peeking through the curtains and testing the water, or flinging wide the door and going for it. Or somewhere in between.
— The Thaiger

Vietnam draws on propaganda artists in battle against COVID-19
A 76-year-old Vietnamese painter who has spent his life making propaganda art for the government has turned his brush to the coronavirus, designing posters that have popped up across Hanoi.
— Channel NewsAsia

Vietnam’s gasoline, gasoil oversupply woes to persist even as government eases movement controls
Vietnam’s successful control of the spread of the coronavirus within the country has spurred its government to gradually ease domestic travel restrictions, but the country’s refiners are not out of the woods yet, with the pick up in driving activity expected to be slow, while inventories and run rates remain high.
— SP Global

Vietnam Set to Make Aquaculture Farming Sustainable with Solar Energy
Two German institutes together with other companies signed an agreement to implement the project in Mekong Delta.
— Mercomindia

Canada to repatriate citizens stuck in Vietnam due to Covid-19
Two special flights will depart from Hanoi on Thursday and Friday next week, carrying Canadians stranded due to the new coronavirus back home.
— VnExpress

Vietnam April consumer prices up 2.93% y/y; trade deficit at $700 mln
Vietnam’s consumer prices in April rose 2.93% from a year earlier, led by an increase in the costs of food and healthcare services, government data released on Wednesday showed.
— Financial Post

Vietnam, India seek ways to boost trade ties in post-pandemic period
Trade between Vietnam and India would continue to grow strongly and sustainably after the COVID-19 pandemic is brought under control, Vietnamese Ambassador to India Pham Sanh Chau said on April 28.
— NDO

Intellectual Property Filing in Vietnam during the COVID-19 Pandemic (updated)
Following the Government’s decision to ease social distancing on 23 April 2020, both the Intellectual Property Office and the Copyright Office of.
— Lexology

Report: 3 out of 4 major online marketplaces in Vietnam experience traffic drops during COVID-19
The report dubbed this update as “surprising” considering the view that the ongoing COVID-19 pandemic is supposed to drive traffic towards e-commerce sites.
— e27

Diplomats highly value Vietnam’s flexibility as ASEAN Chair amid pandemic
Vietnamese Ambassador to the US Ha Kim Ngoc and diplomats of other ASEAN countries recently took part in the first teleconference of the ASEAN Committee in Washington DC (ACW).
— VietnamPlus

Quang Ninh commences construction of VND2.1 trillion Cua Luc 1 Bridge
The People’s Committee of Quang Ninh province officially began construction of the Cua Luc 1 Bridge on April 28, which spans Cua Luc Bay and connects the north and south of Ha Long City.
— NDO

Việt Nam’s plain MDF board faces anti-dumping investigation in India
Việt Nam is among several countries to face India’s anti-dumping investigation on plain medium density fibre (MDF) board with thickness of less than 6mm, the Vietnamese Ministry of Industry and Trade (MoIT) has said.
— Viet Nam News

Vietnam’s Hue city gets ready to reopen for tourists
The central province of Thua Thien Hue’s Department of Tourism is implementing a variety of measures to overcome the impacts of COVID-19 pandemic and prepare for the recovery of tourism in the province.
— Vietnam Insider

Việt Nam will likely import 50,000 tonnes of Russian pork
Việt Nam will likely import 50,000 tonnes of pork from Russia this year, accounting for 70 per cent of total import.
— Viet Nam News

Flights at Vân Đan airport to be resumed from May 4
Commercial flights at the Quảng Ninh Province-based Vân Đan International Airport will resume starting from May 4, after an unexpected hiatus due to the COVID-19 outbreak.
— Viet Nam News

Vietnam allows stronger domestic transport flows from April 29
Air, rail and road passenger transport will run at normal frequency across the country.
— The Hanoitimes

PM allows rice export resumption from May 1
Prime Minister Nguyen Xuân Phúc on April 28 agreed with the Ministry of Industry and Trade’s proposal to resume rice export from May 1, in accordance with Decree 107/2018/NĐ-CP on rice export business.
— Viet Nam News

61 per cent of customers not offered relief by landlords: CBRE
Around 61 per cent of respondents have not been offered relief by landlords, a flash survey of the impacts of COVID-19 done by CBRE has found.
— Viet Nam News

One recovered COVID-19 patient tested positive again, patient tally remains unchanged
Patient numbered 151, who had recovered from COVID-19, has tested positive for the virus again, the Steering Committee for COVID-19 Prevention and Control said on Wednesday morning.
— VGP RSS Feed

Five new rotifer species found in central Việt Nam
A group of biological scientists and researchers from the central city’s Science and Education College together with two professors from Belgium and Thailand have found five new rotifer species after research conducted in Việt Nam from 2013.
— Viet Nam Net

75 per cent of companies eye cut to HR costs if pandemic worsens: survey
If the Covid-19 situation worsens, 75 per cent of companies will seek to cut human resource costs, a recent survey by HR consulting firm Talentnet Corporation has found.
— Viet Nam News

Ninh Thuận restructures agriculture to adapt to drought
The south-central province of Ninh Thuận is restructuring agriculture to adapt to droughts and secure stable incomes for farmers.
— Viet Nam Net

Plummeting stock prices raise fears of businesses being acquired
Like many markets in the world hit hard by the COVID-19 pandemic, Vietnamese shares have lost about 20 per cent in value this year
— Viet Nam News

Agriculture needs to adapt for better development
Hoàng Trọng Thủy, an agriculture expert, talks to the newspaper Kinh tế & Đô thị (Economic and Urban Affairs), on the important role of agriculture in national socio-economic development
— Viet Nam News

First White Book on Vietnamese Co-operatives released
The General Statistics Office released its first White Book on co-operatives in Việt Nam on Tuesday
— Viet Nam News

Vissan begins to sell online at Sendo
Vissan JSC has tied up with Sendo, a large and reputed e-commerce site in Việt Nam, to sell its products online.
— Viet Nam News

Highlights of socio-economic in first four months
The COVID-19 oubreaks have produced negative impacts on the national economy in the first four months this year, according to data released by the General Statistics Office.
— VGP Government in Action

April witnesses lowest CPI growth in five years
The Consumer Price Index (CPI) in April decreased by 1.54% in comparison with the previous month, the lowest figure recorded during the 2016-2020 period, according to the General Statistics Office.
— VGP Ministerial Activities

Petrol prices continue to drop
Petrol retail prices were reduced again as of 3pm on Tuesday, marking the 8th consecutive decrease this year, the ministries of industry and trade and finance announced.
— Viet Nam News

HCM City prepares for disaster response ahead of rainy season
The HCM City administration has ordered the city Steering Committee for Disaster Prevention and Rescue and local authorities to assess 300 sites that face a high risk of landslides and floods in case of heavy rains and storms.
— Viet Nam Net

HDBank profits increase by 13.5% in Q1
The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) has released its financial statements for the first quarter showing a total consolidated operating income that increased by 27.8 per cent year-on-year to VNĐ3.15 trillion (US$134.4 million) and pre-tax profit that increased by 13.5 per cent was VNĐ1.25 trillion ($53.4 million).
— Viet Nam News

Social housing development important to driving market out of difficulties
Social housing could be the solution to driving the real estate market out of this difficult time caused by the COVID-19 pandemic, according to the Ministry of Construction.
— Viet Nam News

Stocks give up gains, profit-taking takes hold in last minutes
The benchmark VN-Index on the Ho Chí Minh Stock Exchange ended Tuesday at 767.21 points, down 0.46 per cent from the previous day.
— Viet Nam News

Vingroup completes design of two ventilator models for COVID-19 treatment
Vingroup has announced it has completed the design and is preparing to introduce to the market two invasive ventilator models which adhere strictly to international standards while achieving a significantly high localisation rate in design and manufacture.
— Viet Nam News

Feature photo Phụnữ Vietnam
This week’s Vietnam morning news feature photo focus on Liberation Day, April 30.

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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