Vietnam morning news for July 14

Vietnam morning news for July 14
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Vietnam morning newsHanoi’s first metro to operate commercially by year-end
The Chinese general contractor for Hanoi’s first metro said the acceptance review of the project is being accelerated to enable commercial operation by year-end.
— VnExpress

Vietnam reopens int’l air services to some Asian countries from mid-July
The Vietnamese government will allow international routes to some destinations in China, Taiwan (China), South Korea and Japan on a trial basis.
— The Hanoitimes

Vietnam New Immigration Law: Things Every Foreigner Should Know
Vietnam’s new immigration law includes a new type of visa for foreigners who come to Vietnam to conduct activities as part of international agreements Vietnam has signed.
— Vietnam Insider

Automobile market on track for recovery: VAMA
Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 24,002 automobiles in June, up 26 per cent compared to the previous month but down 13 per cent year on year.
— Viet Nam News

Vietnam’s Vingroup gives 2,400 ventilators to Singapore, Russia and Ukraine to aid COVID-19 treatment
VinGroup fulfilled its obligations to deliver ventilators to Singapore, Russia and Ukraine. This included invasive ventilators called Vsmart VFS-510 that VinGroup produced for non-profit purpose to aid COVID-19 treatment in many countries.
— Vietnam Insider

PM okays resumption of Viet Nam-China flights
VGP – Prime Minister Nguyen Xuan Phuc has given the green light to the resumption of flights between Viet Nam and China, the Government Office announced Monday.
— Chinhphu

Vietnam launches contests for digital solutions
Vietnam recently inaugurated two competitions looking for digital solutions and products from teams and companies around the world.
— OpenGovAsia

Automobile market sees recovery as government slashes fee
Auto sales in June surged 26 percent against May, with industry insiders attributing it to the government’s cutting of first-time registration fees by half.
— VnExpress

Foreign capital funds find ways to enter Vietnamese retail market
With a scale of nearly US$180 billion and an annual two-digit growth rate, the Việt Namese consumer retail market is being squeezed by foreign investors.
— Viet Nam News

Plummeting exports threaten textile job cuts
With global buyers canceling most orders, Vietnam’s textile and garment sector could see more job losses in the second half of the year.
— VnExpress

State needs solutions to reduce logistics cost for farm produce
The State should develop solutions to reduce high logistics costs in trading agricultural products to improve the competitiveness of Vietnamese farm produce on the market, according to experts.
— Viet Nam News

COVID-19 update: Patient tally remains unchanged, more put under medical surveillance
VGP – Viet Nam entered the 88th consecutive day without any new community transmission of COVID-19, according to the National Steering Committee.
— VGP RSS Feed

Central province to call for PPP investment in airport and sea port
The central province has proposed a Private-Public-Partnership (PPP) model for calling on investment from the private sector in two key projects – the Chu Lai Airport and sea port systems in the near future.
— Viet Nam News

Quy Nhơn Port affirms honest business results
The Quy Nhơn Port Joint Stock Company (code: QNP) affirmed that the company’s 2019 financial statements faithfully reflected its business results.
— Viet Nam News

Đang Nai Province to expand industrial zones
Despite COVID-19, foreign direct investment has continued in Đang Nai Province, which plans to expand its industrial zones as space in existing IZs is nearly full.
— Viet Nam News

Stocks to struggle on mixed Q2 earnings report releases
Attention now is turned to companies’ second-quarter earnings reporting
— Viet Nam News

Trust lays solid foundation for all relations, especially VN-US ties
VGP – Trust always lays a solid foundation for all relations, and it is even more important factor for the Viet Nam-US ties, wrote Deputy Prime Minister, Foreign Minister Pham Binh Minh in his recent article on occasion of the 25th anniversary of normalization of Viet Nam-US diplomatic ties.
— VGP Government in Action

Massive fake luxury goods ring shut down in Vietnam
Government authorities have raided a warehouse storing thousands of fake luxury goods in Lao Cai City, northern Vietnam, which were being sold online.
— Insider Retail

Murcia makes first table grape shipments to Vietnam
On July 9, the Spanish region of Murcia made its first table grape shipments to Vietnam. These will continue throughout the 2020 campaign, which is starting with good prospects, according to the Association of Producers and Exporters of Fruit, Table Grapes and other agricultural products (APOEXPA).
— Fresh Plaza

Covid-19 impacts on Vietnam economy not fully reflected in 6-month data: CIEM
In the most optimistic scenario, Vietnam’s economy is predicted to expand 2.6% year-on-year, lower than the International Monetary Fund (IMF)’s forecast at 2.7%.
–The Hanoitimes

Investing in automation will help logistics firms compete
As the pandemic brings opportunities to the e-commerce sector, the local logistics industry also has a chance to grow.
— Viet Nam News

State needs solutions to reduce logistics cost for farm produce
The State should develop solutions to reduce high logistics costs in trading agricultural products to improve the competitiveness of Vietnamese farm produce on the market, according to experts.
— Viet Nam News

Wilbraham man’s brief vacation in Vietnam turns into six-month stay, marriage
When Mark K. Vuong boarded a China Airlines flight to Vietnam on Jan. 14, he never thought the three-week vacation would turn into a six-month stay — or that his girlfriend would quickly become his wife. It’s all because of COVID-19.
— Masslive

Stocks to struggle on mixed Q2 earnings report releases
Attention now is turned to companies’ second-quarter earnings reporting
— Viet Nam News

Current US-Vietnam economic relations ‘unimaginable’ in 1995: BTA chief negotiator
No one had thought US-Vietnam trade turnover would ever reach $80 billion when negotiating the bilateral trade agreement in 1995, said Nguyen Dinh Luong, Vietnam’s chief negotiator for the deal.
— VnExpress

ICHAM helps Vietnamese consumers identify genuine Italian products
Olive oil, the main element of the Italian cuisine, is similar to fish sauce in the Vietnamese cuisine.
— The Hanoitimes

Two new COVID-19 cases confirmed, total rises to 372
VGP – The National Steering Committee for COVID-19 Prevention and Control has reported two new COVID-19 cases in Viet Nam, bringing the patient tally to 372.
— VGP Ministerial Activities

Vietnam’s huge pool of software engineers makes Ho Chi Minh City a startup hotspot
A tech-savvy population, a fast-growing economy, and the perks of being first in an emerging market—Vietnamese entrepreneur Le Thanh saw the potential in booming Ho Chi Minh City for his startup transforming coffee grounds into masks.
— Asianage

Electronics exports face difficulties due to COVID-19
The electronics industry in the last six months of the year is forecasted to be still greatly affected by the complicated developments of the COVID-19 pandemic, which reduces the demand in the US and European markets.
— Viet Nam News

Construction begins on new urban area in An Giang
Construction began on the Sao Mai Tây Cái Dầu New Urban Area project worth VNĐ1.2 trillion (US$52 million) in An Giang Province last Sunday (July 12).
— Viet Nam News

Long Sơn PIC to raise capital for new industrial park project
Long Sơn PIC will sell 65 million shares to Gelex Energy, a member of the Vietnam Electrical Equipment JSC (Gelex)
— Viet Nam News

PNJ ranked among Việt Nam’s 50 best-performing companies
Phú Nhuận Jewelry JSC has been named among Việt Nam’s 50 best performing listed companies by Nhịp cầu tư (Investment Bridge) magazine and Thiên Việt Joint Stock Company.
— Viet Nam News

Motorcycle sales plummet
Members of the Việt Nam Association of Motorcycle Manufacturers (VAMM) sold nearly 519,000 motorcycles in the second quarter this year, a year-on-year decrease of 30.77 per cent.
— Viet Nam News

Vietnam H1 coffee exports up 2.2% y/y to 941,057 tonnes -customs
Vietnam’s coffee exports in the first half of this year rose 2.2% from a year earlier to 941,057 tonnes, government’s customs data released on Monday showed.
— Reuters

New regulations about corporate bond issuance
The decree amends several points of the Decree No 163/2018/NĐ-CP dated December 4, 2018, about corporate bond issuance with new regulations tightened trading of privately-placed corporate bonds in the domestic market.
— Viet Nam News

Vietnam’s Young Invest Ideas In Ho Chi Minh
A tech-savvy population, a fast-growing economy, and the perks of being first in an emerging market – Vietnamese entrepreneur Le Thanh saw the potential in booming Ho Chi Minh City for his start-up transforming coffee grounds into masks.
— The Asean Post

HCM City keen to develop supporting industries
Global cordless power equipment and floor care company Techtronic Industries Co. Ltd. (TTI) earlier this month organised its first-ever Vietnam supplier workshop together with the Saigon High-Tech Park to look for local suppliers for its manufacturing facilities in Việt Nam.
— Viet Nam News

Vietnamese investors in Laos discuss measures to cope with COVID-19
Vietnamese enterprises investing and doing business in Laos needed to apply online solutions in corporate management to cope with the COVID-19 pandemic, which was hitting the Lao economy hard, and develop plans for post-pandemic recovery.
— Viet Nam News

Foreign tech giants eye Vietnam shift
Several of the world’s largest technology corporations plan to shift their production chains to Vietnam post-Covid-19, according to the Ministry of Industry and Trade.
— VnExpress

Central province to call for PPP investment in airport and sea port
The central province has proposed a Private-Public-Partnership (PPP) model for calling on investment from the private sector in two key projects – the Chu Lai Airport and sea port systems in the near future.
— Viet Nam News

Quy Nhơn Port affirms honest business results
The Quy Nhơn Port Joint Stock Company (code: QNP) affirmed that the company’s 2019 financial statements faithfully reflected its business results.
— Viet Nam News

Foreign capital funds find ways to enter Vietnamese retail market
With a scale of nearly US$180 billion and an annual two-digit growth rate, the Việt Namese consumer retail market is being squeezed by foreign investors.
— Viet Nam News

 

 

Feature photo WorldSkills Asean Bangkok 2018
This week’s Vietnam morning news feature photo focuses on World Youth Skills Day, July 15, with an emphasis on World Skills Asean Singapore 2020.

 

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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