Vietnam Morning News For June 23, 2020

Ministry considers allowing bets via e-wallets, telecommunications accounts
The Ministry of Finance is drafting an amendment to the decree on business of betting on horse racing, greyhound racing and international football, which would allow the payment of bets via e-wallets or telecommunication accounts.
— Viet Nam News

Electronics firm Qualcomm plans to open new production unit in Vietnam
The advent of 5G has brought about a new horizon in the world of telecommunication.
— Business Newspdate

Why the EU–Vietnam Free Trade Agreement (EVFTA) is such a big deal
In February, the European Parliament adopted the EU–Vietnam Free Trade Agreement (EVFTA).
— AEC News Today

All economic sectors can join power generation, PM Phuc says
VGP – Prime Minister Nguyen Xuan Phuc emphasized that all economic sectors can join power generation while he was addressing a meeting on mechanisms for development of power sources and networks.
— VGP RSS Feed

Vietnam’s Rise in Cyberspace
With its developed capabilities in manufacturing and technology services, Vietnam has almost on a par with countries like India, China and Japan in exploiting the digital world for the greater good of its population.
— Infosecurity-magazine

Việt Nam’s biggest shipping firm reduces charter capital
Việt Nam National Shipping Lines (Vinalines), the country’s biggest shipping firm, has to reduce its charter capital by another 15 per cent due to unability to sell shares.
— Viet Nam News

Techcombank targeted VNĐ13 trillion pre-tax profit in 2020
Techcombank (TCB) has set a pre-tax profit target of VNĐ13 trillion (US$559.3 million) in 2020, increasing slightly one per cent from last year.
— Viet Nam News

Vietnam – attractive, safe investment destination: official
Vietnam has proved that it is an attractive and safe destination for investors, as reflected through positive signs in foreign direct investment (FDI) in the country in the first five months of this year, according to an official from the Ministry of Planning and Investment (MPI).
— VietnmaPLus

How Did Vietnam Become Biggest Nation Without Coronavirus Deaths?
In Vietnam, those who enter a cafe have a good chance of meeting a security guard who sprays their hands with disinfectant. Or, if getting on a bus, they will be told to put on a mask and sit one row apart from others.
— VOA

Vietnam to host much-delayed ASEAN summit online
After being postponed by nearly two months over coronavirus concerns, the 36th ASEAN Summit will be held online in Hanoi on Friday.
— VnExpress

Vietnam steps up spot gasoline buying on strong demand recovery
Vietnam has turned toward the regional spot market to fill its appetite for gasoline as the country’s refinery output fails to keep up with a sharp domestic demand recovery, industry sources told S&P Global Platts June 18.
— SP Global

TBWA Vietnam Joins Together with f\adigital
TBWA\ Group Vietnam has confirmed that f\adigital, previously known as Focus Asia, has joined TBWA\Group Vietnam.
— Branding In asia

BigPay now lets you send money to Vietnam and Australia, China coming soon
In case you didn’t know, you can use your BigPay account to transfer money to an overseas bank account.
— Soyacincau

PM Phuc reaffirms Gov’t resolve to strive for highest possible GDP growth
VGP – Prime Minister Nguyen Xuan Phuc reassured the Government’s resolve to strive for the highest possible GDP growth rate this year despite holistic impacts of the COVID-19 pandemic.
— VGP Government in Action

Hà Nội prohibits using the first floor of resettlement houses for business
Previously, many apartments leased their first floor for trading purpose without the approval of the municipal People’s Committee.
— Viet Nam News

Bà Rịa-Vũng Tàu seeks to improve logistics competitiveness
Bà Rịa-Vũng Tàu Province authorities plan to spend VNĐ 20 trillion (US$850 million) from now through 2025 on infrastructure to achieve their goal of comprehensive development.
— Viet Nam News

Việt Nam effectively curbs impacts of drought, saline intrusion in Mekong Delta
The Government, ministries and agencies effectively instructed localities and agencies to develop plans to tackle drought, saltwater intrusion and water shortages.
— Viet Nam Net

PropertyGuru’s CPO shares the secret sauce of building a highly productive remote team
Remote working has never been a unique concept. Nor has it been a mainstream option. What was once a choice mainly utilised by freelancers and online business owners is now being seen as the “new normal for work”.
— e27

‘Prudent’ Tracodi sets modest financial targets for this year
The Transport and Industry Development Investment Joint Stock Company (Tracodi) targets revenues of VNĐ1.92 trillion (US$82.6 million) and after-tax profits of VNĐ101 billion ($4.34 million) in 2020, a year-on-year increase of 13.1 per cent and 6.7 per cent.
— Viet Nam News

EU to remove tariffs on Vietnamese tuna once trade deal takes effect
The European Union will eliminate tariffs on fresh and frozen Vietnamese tuna products, with 11,500 tonnes of canned tuna and 500 tonnes of canned fish balls exempted annually, once a free trade pact the two sides have signed comes into effect possibly in August.
— Viet Nam News

Shares set to gain on corporate earning hopes
According to analysts from MBS Securities JSC, short-term correcting pressures have passed and caused no significant disturbance.
— Viet Nam News

Users urged to be careful when using Facebook ‘gender swap’
FaceApp’s gender swap filter has generated the hashtag #faceappchallenge and received hundreds of thousands of shares on Facebook and Instagram, raising concerns about security and the risk of sharing this information.
— Viet Nam News

Gold prices soar in the markets
The local gold price kept soaring to reach VNĐ49 million (US$2,100) per tael (1.2 ounces) this morning when the yellow metal reached its highest global price in more than a month.
— Viet Nam News

Tracing waste a new approach for communities
A project aims to help local people earn by thoroughly sorting and treating waste.
— Viet Nam Net

HCM City targets 1,000 MWp of rooftop solar power at industrial zones by 2024
HCM City aims to have 1,000 MWp of rooftop solar power capacity installed by 2024 in its industrial parks, export processing zones and high-tech parks, up from 700MWp now.
— Viet Nam Net

Vietnamese businesses strive to reduce inventory after COVID-19
A recent survey conducted by the General Statistics Office showed 57.7 per cent of enterprises affected by the pandemic said their consumption market has decreased sharply.
— Viet Nam News

Qua’c Cường Gia Lai to sell its shares in Sông Đà Riverside
In April, QCG sold 56 per cent of Hiệp Phúc JSC’s share to LDG Group.
— Viet Nam News

Heat wave sends temperature soaring in northern, central regions
A new heat wave is forecast to hit the northern and central regions from June 22 – 24 and could push the temperature up to 42 degrees Celsius in some areas.
— Viet Nam Net

Quang Ninh province welcomes 1.2 million guests in one month
VGP – The northern province of Quang Ninh greeted 1.2 million tourists from mid May to mid June after launching tourism promotion policies.
— VGP Local Activities

Mekong Delta adapts to saline intrusion
Nguyen Hoàng Hiệp, Deputy Minister of Agriculture and Rural Development, talks to the Government’s website chinhphu.vn on the need to develop plans to reduce the negative impacts of drought, salinity and land subsidence in the Mekong Delta
— Viet Nam Net

More than 5,000 people under medical surveillance due to COVID-19
VGP – As many as 5,724 people who have been in close contact with COVID-19 patients or returned from the pandemic-stricken areas are under medical surveillance, according to the National Steering Committee for COVID-19 Prevention and Control.
— VGP RSS Feed

Tracing waste a new approach for communities
A project aims to help local people earn by thoroughly sorting and treating waste.
— Viet Nam Net

Feature photo Electronic portal of Hai Phong city
This week’s Vietnam morning news feature photo focus on United Nations Public Service Day , June 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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