Vietnam morning news for June 10

Vietnam morning news for June 10

Vietnam morning news

Vietnam plans to resume flights to some virus-free countries
Vietnam plans to allow a resumption of flights to and from countries that have had no cases of coronavirus for 30 days, state media cited the prime minister as saying on Tuesday, with priority destinations including Japan, South Korea and Cambodia.
— The Jakarta Post

Vietnam’s lychee crop not bearing fruit as prices slump
Hundreds of lychee farmers sorted and graded huge piles of the tropical fruit at a busy wholesale market in northern Vietnam on Tuesday, but many bemoaned slumping prices as foreign traders were held up in quarantine.
— The Jakarta Post

Radical Steps Needed from Vietnam Banking Sector
Vietnam’s banking sector must take radical steps to adopt international capital rules, reporting requirements and trading practices, says Francois Denimal at FIS.
— Regulation Asia

Vietnam to Lower Tariffs on Dairy Products
A recent announcement from the U.S. Dairy Export Council (USDEC) comes as good news for American dairy producers.
— Southeast Agnet

Vietnam has poor environmental scorecard
A global environmental performance ranking places Vietnam in 141st place out of 180 economies, citing its air pollution and modest biodiversity protection.
— VnExpress

Vietnam exports over 4 bln USD of wood, woodwork in 5 months
Vietnam exported over 4 billion U.S. dollars of wood and wood-based products in the first five months of this year, unchanged compared with the same period last year, according to the Vietnam Administration of Forestry on Tuesday.
— Xinhua

ASEAN, Covid-19 and the Vietnam’s Chairmanship
COVID-19 (C-19) event is posing serious challenges for the Association of South East Asian Nations (ASEAN) in 2020. But Vietnam, as current ASEAN chair, is trying to make the best of the situation and demonstrate leadership.
— Modern Diplomacy

Norway, UNDP help Vietnam tackle plastic pollution
Norway is working with the UNDP on two projects to improve waste management and reduce plastic pollution in Vietnam.
— VnExpress

Free trade deal: Vietnam ratifies trade pact with the EU
Vietnam has given the green light to a landmark free trade deal with the European Union. This deal should help boost its manufacturing and export sectors.
— DW

Recruitment demand in IT industry quadruples in Vietnam
The recruitment demand of the IT industry has quadrupled after a decade, according to the report “Information Technology Human Resources of the 2010s and 2020″ released by VietnamWorks, a leading online recruitment website, belonging to the Navigos Group.
— The Star Online

Vietnam’s chemical imports down in 5 months
Vietnam poured over 2 billion U.S. dollars into importing chemicals and nearly 2.3 billion U.S. dollars importing chemical products between January and May this year, down 5.8 percent and up 8 percent on-year respectively.
— China.org

More Vietnamese use livestream, says e-commerce company
Vietnamese consumers, across ages, are tending to use livestream as a way to connect with sellers and gather information about products while shopping from home, e-commerce giant Shopee said in a report.
— Viet Nam News

Finance ministry wants to cut 30 per cent of environment protection tax on jet fuel
The Ministry of Finance has proposed to cut environmental protection tax on jet fuel by 30 per cent, from VNĐ3,000 to VNĐ2,100 per litre.
— Viet Nam News

Saigon Co.op promotes consumption of green products
Besides collaborating with a number of brands to offer discounts on many products to help sell them and to reduce spending pressure on consumers after the Covid-19 outbreak, Saigon Co.op is also undertaking many activities to promote consumption of environment-friendly products.
— Viet Nam News

Deputies, experts, businesses on EVFTA approval
National Assembly deputies ratified the Europe-Vietnam Free Trade Agreement (EVFTA) and the Europe-Vietnam Investment Protection Agreement (EVIPA) on Monday morning.
— Viet Nam News

France should compensate Vietnam for colonization
Relations between France and Vietnam go back centuries. Napoleon III was the mastermind behind the colonization of Vietnam and its neighboring regions.
— Daily Sabah

Giant offshore wind turbines could help Vietnam tackle immense climate change challenges
Vietnam could become a future global leader in offshore wind energy generation, after recent analysis showed the country has vast potential along its 3,000 kilometre coastline.
— CNA

Government of Vietnam Issues Resolution to Boost Post-Pandemic Economy
On May 29, 2020, the government of Vietnam issued Resolution No. 84/NQ-CP, which mandates a number of economic relief and recovery measures in light of the COVID-19 pandemic.
–Lexology

Erria grows in Vietnam after acquiring owner’s company
Danish shipping company Erria still exists in spite of several dark periods and the fact that its equity is still in the red. Now the company has made an acquisition in Vietnam and is confident in booking a full-year result of zero for 2020.
— Shipping Watch

Pakistan set to export car part to Toyota Vietnam
AuVitronics Limited, is set to export a car part to Toyota Motor Vietnam Co, Ltd. (TMV), making it a member of Toyota’s global supply chain.
— Pakistan Today

Banks upbeat about charter capital hike in 2020
Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
— Viet Nam News

VN enters 54th day without new COVID-19 community infection
VGP – Viet Nam has entered the 54th day without new COVID-19 community infection, said the National Steering Committee for COVID-19 Prevention and Control.
— VGP RSS Feed

Central bank eyes tightening non-bank credit in corporate bonds, property
The State Bank of Việt Nam is looking to tighten credit in corporate bonds and the real estate sector provided by non-bank financial institutions with an aim to ensure the safety of the system.
— Viet Nam News

The impacts of COVID-19 on Vietnam and ways to move forward
The number of COVID-19 cases and deaths in Vietnam are much lower than in most countries worldwide due to early and aggressive anti-pandemic response. But this does not mean that the impact of the pandemic on Vietnam is less severe.
— East Asia Forum

Can Vietnam Stop Its Trade in Endangered Wild Animals?
Vietnam is considering a plan to end the poaching and consumption of the Southeast Asian nation’s wild animals.
— Radio Free Asia

Top 5 best web development companies in Vietnam
Establishing web dominance is a critical aspect of running a business. But to get it right, you need to hire the services of a team that is competent enough to execute the task as per your unique needs, with uttermost precision.
— Reported Times

INSIGHT: Value-Added Tax Refunds in Vietnam
In these challenging times of Covid-19, Nguyen Thu Phuong and Nguyen Hung Du, of Grant Thornton Vietnam, discuss the difficulties in receiving value-added tax refunds for investment projects located in Vietnam.
— Bloomberg Tax

Việt Nam’s wind sector to see growing opportunities
Experts forecast Việt Nam’s wind power sector would further grow in line with the Government’s stronger regulatory support announced recently and rising investor interest, which has strengthened the project pipeline.
— Viet Nam News

Vietnam Airlines opens new domestic routes
The carrier is also selling 6,666 tickets priced from VNĐ66,000 (US$2.8) each one-way or equivalent to VNĐ543,000 ($23) including taxes and fees.
— Viet Nam News

Failed projects to receive no more cash: Deputy PM
Seven of the 12 projects are dealing with legal battles over contracts. As attempts to settle disputes have failed, some cases now must go before international courts.
— Viet Nam News

Digital economy hoped to make up 20% of Việt Nam’s GDP by 2025
Prime Minister Nguyen Xuân Phúc has given the green light to a new digital programme to increase economic growth over the next five years.
— Viet Nam News

Housing projects will be proposed to sell land parcels, says ministry
Housing projects not located in urban districts of two special urban areas, Hà Nội and HCM City are permitted to sell land parcels.
— Viet Nam News

Mitsubishi Motors seeks opportunity to build its second factory in Bình Định
Authorities in the central coastal province of Bình Định will offer attractive policies and mechanisms to support Mitsubishi Motors Vietnam in building an automobile manufacturing factory at Becamex Industrial Park.
— Viet Nam News

Pyn Elite Fund divests capital in HCM City Infrastructure Investment
After the sale, the fund cut its ownership in CII from 8.1 per cent to 7.96 per cent.
— Viet Nam News

EVFTA, EVIPA approved to boost VN-EU economic, trade relations
National Assembly deputies officially ratified the Europe-Vietnam Free Trade Agreement (EVFTA) and the Europe-Vietnam Investment Protection Agreement (EVIPA) on Monday
— Viet Nam News

Capital flows into Móng Cái City
With both border gates and seaports with China, the city of Móng Cái in Quảng Ninh Province is a top spot for realty businesses and project developers.
— Viet Nam News

Reforms needed to attract foreign portfolio investment: fund manager
Việt Nam needs to effect changes and reforms to attract more foreign portfolio investment, Andy Ho, chief investment officer of investment fund VinaCapital, has said.
— Viet Nam News

Opportunities still exist but market will struggle to make big advance
According to Việt Dragon Securities Company (VDSC), given that many countries have gradually resumed economic activities, there will be more workload for Việt Nam.
— Viet Nam News

Cavalry mobile police force makes debut
VGP – The cavalry mobile police corps made its first debut today and it is put under the management of the Mobile Police High Command.
— VGP Government in Action

Banks expect credit growth extension
Many commercial banks are proposing the central bank to extend credit growth limits as they have so far nearly reached the allowed threshold.
— Viet Nam News

Prudential Vietnam names new CEO
Phương Tiến Minh has been appointed CEO of Prudential Vietnam Assurance Private Ltd to succeed Clive Baker.
— Viet Nam News

Merger to be discussed at shareholder’s meeting: Haraco
Details on a plan to merge the Hanoi Railway Transport JSC (Haraco) and the southern Saigon Railway Transport JSC (Saratrans) will to be discussed Haraco shareholders meeting next week, according to a letter from its board of directors.
— Viet Nam News

VN stocks upbeat on trade deal approval
The large-cap basket VN30 was driven up 1.5 per cent by 27 of the 30 largest stocks by market value and trading liquidity
— Viet Nam News

One more COVID-19 infection case confirmed, total increases to 332
VGP – A 18-year-old man returning from Cambodia has been confirmed the latest COVID-19 infection case in Viet Nam, bringing the patient tally to 332, the National Steering Committee said Monday afternoon.
— VGP Ministerial Activities

Man dedicates his life to protecting wild birds
His family has suffered economic losses to provide safe shelter for birds as they had no earnings from the garden.
— Viet Nam Net

 

 

Feature photo ILO Asia-Pacific
This week’s Vietnam morning news feature photo focus on World Day Against Child Labour, June 12.

 

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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