Vietnam morning news for July 1

Vietnam morning news for July 1

Vietnam morning newsVietnam Airlines postpones shareholders’ meeting until July 16
Vietnam Airlines Group will postpone its shareholders’ meeting until July 16, according to a decision signed by Chairman of Vietnam Airlines Executive Board Phạm Ngọc Minh.
— Viet Nam News

Vietnam’s Tax Administration Law Takes Effect in July 2020
Vietnam’s new Law on Tax Administration 38/2019/QH14 will take effect on July 1, 2020. Under the new law, tax authorities have been granted additional enforcement powers. At the same time, the new law has made it a little bit easier for both individuals and entities to file taxes.
— Vietnam Briefing

Vietnam Railways estimates a $60 million loss due to pandemic
Vietnam Railway Corporation (VNR) estimates a loss of nearly VNĐ1.4 trillion (US$60 million) after tax in 2020, a massive blow to the company due to impacts of the COVID-19 pandemic.
— Viet Nam News

Internet back to normal in Vietnam as undersea cable fixed
Vietnam’s Internet speed is back to normal after its international partners repaired the Asia Pacific Gateway cable.
— VnExpress

Real estate brokers required professional
Real estate brokerage activities should be professionalised and often individual sellers need better training, especially when the market is in need of momentum after the COVID-19 pandemic, experts said.
— Viet Nam News

Vietnam suspends Pakistan pilots after fake pilot license scandal
The Pakistan fake pilot license scandal is beginning to have far reaching implications with foreign airlines.
— Travel Mole

EVFTA a big opportunity for firms after COVID-19 shock: ministry
The European Union Free Trade Agreement (EVFTA) will create significant opportunities for Vietnamese firms to recover and develop after the COVID-19 pandemic, Deputy Minister of Industry and Trade Trần Qua’c Khánh said at a conference on Monday in Hà Nội.
— Viet Nam News

Vietnam’s export story  is  strikingly similar to China’s
Vietnam has been a major success story on the exports front over the last decade. Its exports between 2008 and 2018 have increased at a very fast pace from $69.7 billion to $259.5 billion.
— Livemint

Vietnam extends automatic stay for stranded foreigners as Covid-19 continues
Foreigners who entered Vietnam since March 1 but remain stranded due to Covid-19 travel restrictions can have their temporary stay permits extended another month until July 31.
— VnExpress

Vietnam’s apparel industry agrees action plan
Employers’ organisations, industry bodies and trade unions have come together to agree a plan to help the country’s apparel industry survive the impact of the coronavirus pandemic.
— Ecotextile

Vietnam’s wood product exports down 25% in April
Vietnam’s exports of wood and wood products (W&WP) during April 2020 were worth US$697 million, down by a third compared to March but 19% higher than in April 2019, according to the Vietnam Customs.
— Lesprom

Roundtable conference promotes Vietnam-Israel investment and business cooperation
A roundtable conference themed “Business and investment opportunities in Vietnam” was held in Tel Aviv on June 29 by Vietnam’s trade mission and embassy in Israel, in coordination with the Israel Export Institute.
— NDO

Vietnamese firms hear how to promote exports to Southeast Asia at seminar
Vietnamese firms need to improve product quality and research market trends and consumer tastes in Southeast Asian countries and take part in trade promotion programmes there to promote exports.
— Viet Nam News

Shares plummet on GDP growth record low and surges in COVID-19 fatalities
Local shares tumbled on Monday as the second-quarter GDP growth record low and the relentless spread of the coronavirus hit market sentiment.
— Viet Nam News

Petrolimex targets revenue and profit drops
The Việt Nam National Petroleum Group (Petrolimex or PLX) forecast a drop in both revenue and profit this year due to the decline in demand amid the COVID-19 pandemic.
— Viet Nam News

Enterprises seek ways to boost agricultural and aquatic exports
Vietnamese enterprises need to improve product quality, build their brands, and ensure traceability of goods’ origin to increase the volume of agricultural and aquatic exports, experts said at a seminar on June 26 in HCM City.
— Viet Nam News

Squid, octopus exports down 21.2 per cent
Squid and octopus exports fell by 21.2 per cent year-on-year in the first five months of the year to US$192 million as demand was hit by COVID-19, according to the Việt Nam Association of Seafood Exporters and Producers.
— Viet Nam News

More than 29,000 enterprises temporarily suspend businesses in first half of year
Up to 19,600 enterprises stopped operation and are waiting for dissolution procedures, down 10.2 per cent over last year.
— Viet Nam News

VN records positive growth amid gloomy global forecasts
Việt Nam’s gross domestic product (GDP) expanded 1.81 per cent year-on-year during the first half of this year, the lowest six-month growth pace since 2011, according to the General Statistics Office (GSO).
— Viet Nam News

Foreign capital inflows in Việt Nam down in H1
Foreign investment commitments to Việt Nam in the first half of this year decreased 15.1 per cent year-on-year to US$15.67 billion, a report from the Ministry of Planning and Investment’s Foreign Investment Agency has shown.
— Viet Nam News

January-June imported cars drop in volume and value
Việt Nam imported more than 38,000 cars of various types, worth a total US$846 million, in the first six months of this year, decreasing by nearly 32,000 units in volume and VNĐ700 million in value year-on-year.
— Viet Nam News

Sharp’s Energy Unit Builds 45-Megawatt Solar Farm in Vietnam
Sharp Corp. completed the construction of a 45-megawatt solar farm in Ninh Thuan province in Vietnam, the company said in a statement Tuesday.
— Bloomberg

Cambodia and Vietnam have undertaken joint naval patrol
The Royal Cambodian Navy and the Vietnam People’s Navy held their 59th annual joint maritime patrol on the historical waters of the two countries on June 23-24.
— Khmer Times

Voltrans Logistics Vietnam completes sea & air shipment of surgical masks from Vietnam to Canada and US
Voltrans Logistics Vietnam completed urgent shipments from Ho Chi Minh to Canada and US.
— Ajot

Number of patents in Vietnam increases by 56 per cent
The number of patents has increased by 56.7 per cent in the first five months of this year compared to the same period last year.
— The Star Online

Vietnam’s beauty comes to life through lens of Saigon photographer
HCMC-based photographer Pham Huy Trung has depicted the beauty of Vietnam’s natural landscapes and daily life in a photo series.
— VnExpress

Legal update on new policies of Vietnam in the end of June 2020 (Resolving complaints and denunciations at Courts, and policies on PIT and CIT for some expenses for employees)
Circular No. 01/2020/TT-TAND dated 18 June 2020 of the Supreme PC regulating on resolving complaints and denunciations at PCs shall take effect from.
— Lexology

Life under lockdown: tourist street in Vietnam hit hard by shutdown to stop Covid-19
Vietnam has been praised by international health experts for implementing one of the world’s best-organised epidemic control measures amid the Covid-19 pandemic.
— South China Morning Post

Vietnam’s Southeast Region Cities and Provinces enhance linkages for sustainable tourism development
The “Conference on Development of Tourism Linkages in Vietnam’s Southeast Region in 2020” under the theme “Connectivity – Development – Sustainability” has concluded with great success on 28 June 2020 in Sunrise Hotel, Tay Ninh province.
— Acrofan

Vietnam’s industrial production up slightly in H1
Vietnam’s national index of industrial production advanced 2.7 percent year-on-year in the first half this year, according to the country’s General Statistics Office on Tuesday.
— Xinhua

Vietnam considers imposing VAT on fertilizers
The Vietnamese government is considering implementing a 5pc value-added tax (VAT) on fertilizers, according to correspondence between the trade and industry ministry, finance ministry and the Vietnam fertilizer association.
— Argusmedia

Vietnam, Czech Republic step up tourism cooperation
The Czech – Vietnam Tourism Forum was held in Prague on June 30, as part of activities to celebrate the 70th founding anniversary of bilateral diplomatic ties and step up tourism cooperation following the COVID-19 pandemic.
— VietnamPlus

Logo contest marking Vietnam-Indonesia diplomatic ties launched
The Embassy of Indonesia in Vietnam and the Embassy of Vietnam in Indonesia on June 30 officially launched together a logo competition to celebrate the 65th founding anniversary of diplomatic relations between the two nations (December 30).
— VietnamPlus

275 products qualified for OCOP standards
The capital city of Hà Nội has granted certification to 275 products which qualify for the standards of the One Commune-One Product (OCOP) programme at a conference on Friday.
— Viet Nam News

Herbalife Vietnam organises nutrition training course
Nutritional information and methods to improve health were discussed at a recent online sports nutrition training programme called Advanced Nutrition – Sports Achievement in HCM City.
— Viet Nam News

CPI records five-year high in H1
VGP – The consumer price index (CPI) saw a year-on-year increase of 4.19% in the first six months of 2020, reaching the peak in the 2016-2020 period, the General Statistics Office (GSO) reported.
— VGP Ministerial Activities

Patents in Việt Nam increase 56 per cent
The number of patents has increased by 56.7 per cent in the first five months of this year compared to the same period last year.
— Viet Nam News

Planting and creating high-yield trees the key for forestry sector
Scientific research and technology transfer for the forestry sector in the 2021-30 period will focus on the hybridisation of new varieties, giving priority to planting high-yield, good-quality and pest-and-disease preventive capable tree varieties, said Deputy Minister of Agriculture and Rural Development Hà Công Tuấn.
— Viet Nam Net

Shinhan Finance wins UK sustainability award
Shinhan Vietnam Finance Company Ltd., has won the 2020 Best Sustainability Development Company Vietnam award from the UK’s Global Banking & Finance Review magazine.
— Viet Nam News

RCEP plays an important role in ASEAN, says expert
The Regional Comprehensive Economic Partnership (RCEP) is a trade agreement between the ten member states of ASEAN and its six partners including Australia, China, India, Japan, New Zealand and South Korea. Director of South Korea’s Asan Institute for Policy Studies’ Center for ASEAN and Oceania Studies Lee Jaehyon talks with Vietnam News Agency …
— Viet Nam News

China enhances control of exported farm produce: MoIT
The Consulate General of Việt Nam in Guangxi Province, China and the Asia-Africa Market Department have warned local businesses that Guangxi is carrying out a number of measures to strengthen control of food origin and quality, according to the Ministry of Industry and Trade (MoIT).
— Viet Nam News

Phú Qua’c tightens land laws again
The move comes just three months after a similar ban was lifted.
— Viet Nam News

Five patients cleared of COVID-19
VGP – Five more patients have been cleared of COVID-19, bringing the total recoveries in Viet Nam to 335, making up 94% of the 355 confirmed cases, according to the National Hospital for Tropical Diseases in Ha Noi’s Dong Anh District.
— VGP Local Activities

 

 

Feature photo Electronic portal of Hai Phong city
This week’s Vietnam morning news feature photo focus on
Asean’s frontline healthcare workers in the battle against COVID-19. 

 

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).

 

 

About Vietnam morning news.

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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