Vietnam morning news for March 13

Vietnam morning news for March 13

Vietnam morning news

Vietnam Airlines’ profit predicted to drop due to COVID-19 outbreak
The profit of Vietnam Airlines Corporation will be strongly affected by the spread of COVID-19 in countries around the world, according to the preliminary report of the Committee for Management of State Capital at Enterprises (CMSC).
— Viet Nam News

Continuing Vietnam’s anti-graft campaign beyond Nguyen Phu Trong
A high-profile feature of current Vietnamese politics is the anti-corruption drive led by Nguyen Phu Trong, the general secretary of the Communist Party of Vietnam (CPV). As the anti-graft campaign enters its fifth year, Trong has announced that 10 more grand corruption cases will be put to trial in 2020.
— AEC News Today

Finance Ministry proposes 5-month extension of VAT and land rent payment for businesses
The Ministry of Finance has submitted to the Government a five-month extension of value-added tax (VAT), personal income tax and land rent fee payments for those affected by the COVID-19 epidemic.
— Viet Nam News

Vietnam central bank may cut rates to support virus-hit businesses
The State Bank of Vietnam may cut policy rates to support domestic economic activities hit by the coronavirus pandemic, the government said on Thursday.
— National Post

Vietnam Airlines to Reduce Flights to Europe
Vietnam Airlines has confirmed plans to temporarily reduce the frequency of flights between Vietnam and Europe, starting 25 March 2020.
— Asia Travel Tips

Business license fee exemption to promote start-ups
The Government will waive business licence fees for a number of companies to improve the business climate and promote entrepreneurship.
— VietnamPlus

Is it safe to travel to Vietnam at the moment?
With her heady mix of bustling cities, soothing waterways and mouth-watering cuisine (all for next to nix), Vietnam has become an increasingly popular holiday destination for Australians.
— Travel Nine

Vietnam Copies China Model of Forced Confessions on State TV-Report
Vietnam is adopting the techniques of fellow Communist state China when it comes to televising forced confessions of human rights advocates and other political prisoners, a Spain-based rights NGO said in a report on Wednesday.
— Radio Free Asia

Vietnam’s corn imports drop 49% on year in Feb: customs
Vietnam’s corn imports in February plunged 49% year-on-year to 354,750 mt, according to data released Wednesday by the country’s customs department.
— SP Global

Vietnam sees cassava export reduction in two months
Vietnam witnessed a slight reduction in cassava exports during the first two months of this year due to the novel coronavirus (COVID-19) epidemic, according to the Ministry of Agriculture and Rural Development.
— VietnamPlus

Vietnamese netizens express big lottery interest
A report from We Are Social revealed lottery results were the most searched online keyword by Vietnamese in 2019.
— VnExpress

VinaCapital arm sets up solar power JV with industrial parks developer SAIGONTEL
SkyX Solar, a subsidiary of Vietnam-based asset manager VinaCapital, has joined forces with industrial park infrastructure and telecoms service provider SAIGONTEL to form a joint venture to develop rooftop solar projects in the country.
— DealStreetAsia

Vietnam prepares large-scale quarantine in Covid-19 fight
The Prime Minister has instructed ministries and localities to speed up preparations to set up large-scale quarantine facilities and ready all resources thereof.
— VnExpress

Traveling memorial honoring fallen Vietnam troops makes stop in Valley
Rio Grande Valley veterans salute as a traveling memorial arrived in Mission. The Vietnam Traveling Memorial Wall was set up at the Mission Events Center and will be on display this week.
— KRGV

Vietnam To Take Action On Illegal Wildlife Trade Amid Coronavirus Outbreak
Vietnam is preparing to ban the trade of wildlife and tighten measures on the illegal trade after a number of conservationist groups called on authorities to take action against the cruel industry. It comes as the world is battling the coronavirus outbreak, which has renewed global attention on not only the inhumane and environmentally damaging nature of the wildlife trade, but the dangers it poses to public health.
— Green Queen

VinMart stores to close amid growing coronavirus threat
VinMart is set to close some of its stores temporarily until the new coronavirus epidemic situation improves.
— VnExpress

Tight co-ordination needed to ensure EVFTA benefits
Building an effective trade defence system is increasingly important for Việt Nam. Vietnam News Agency talks to Lương Hoàng Thái, director of the Multilateral Trade Policy Department under the Ministry of Industry and Trade, about this issue in light of the EU-Việt Nam Free Trade Agreement.
— Viet Nam News

Exemption of business license fee to promote start-ups
The Government will waive business licence fees for a number of companies to improve the business climate and promote entrepreneurship.
— Viet Nam News

Hà Nội to help businesses overcome impact of COVID-19 epidemic
The chairman of Hà Nội’s People’s Committee has asked the city’s Tax Department to put forward support measures for businesses and a realistic budget collection scenario after assessing the impact of the novel coronavirus (COVID-19) epidemic on the manufacturing and service sectors.
— Viet Nam News

Coronavirus: Vietnam restricts entry for UK travellers
Vietnam has increased restrictions on British and other European nationals visiting the country amid the coronavirus pandemic.
— Business Taveller

Virus to limit Vietnam’s ferrous seaborne trade
Ferrous scrap and finished steel traders expect Vietnam’s efforts to contain the coronavirus will reduce its import demand, or at least send prices lower to sustain it.
— Argusmedia

Leong Hup International acquires feed mill in Vietnam
Malaysia’s largest fully integrated poultry producer, Leong Hup International (LHI), is acquiring a feed mill in Vietnam for around US$15.8m, a move that will see it diversify into aqua feed.
— Feed Navigator

FSIS confirms postponement of Vietnam pangasius audit
The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) confirmed it has decided to postpone an on-site audit in Vietnam.
— Seafood Source

Asean Meeting of Finance Chiefs to Proceed in Vietnam in March
Finance ministers and central bank governors from the Association of Southeast Asian Nations will meet in Vietnam later this month after initially weighing a proposal to postpone the summit due to the coronavirus.
— Bloomberg Quint

Hanoi following Beijing in forcing dissidents to make televised confessions
A Spanish NGO released a report showing how victims are forced to frame the accusations against them as crimes against the state or the party. Once unsophisticated compare to China, Vietnam is now catching up.
— Asia news

K2 Management oversees Vietnam wind trio
K2 Management has secured three owner’s engineer mandates for wind projects in Vietnam, two of which are onshore, while the third is a nearshore development.
— Renew biz

Breeders to raise high-yield silkworms, reduce Chinese imports
Experts have recommended the use of high-yield silkworm varieties that can adapt to Vietnamese conditions to reduce reliance on imports from China and other countries.
— Viet Nam News

PM urges business to be prepared for opportunity despite pandemic
Prime Minister Nguyen Xuân Phúc has urged private businesses in Việt Nam to be prepared and look for opportunities following news that companies in countries like China, Japan and South Korea would soon resume production after disruptions due to Covid-19.
— Viet Nam News

Gold prices down in Việt Nam, up in the world
Local gold firms rated their yellow metal down to attract buyers in the market where prices of gold kept falling on Thursday.
— Viet Nam News

Firms review annual meeting schedules under pressure of coronavirus
Several companies have put annual shareholders’ meeting on hold on worries about the spread of coronavirus pandemic.
— Viet Nam News

Vietnam tightens health checks
Vietnam has suspended visa-free travel for citizens from countries that have more than 500 confirmed cases, or 50 plus new cases a day.
— TTR weekly

Blackstone racks up more solid nickel sulphide hits in Vietnam
Blackstone Minerals has racked up more long nickel sulphide intercepts at its King Cobra discovery in Vietnam with one shallow drill result returning 39m at 1.13per cent nickel and 0.4g/t PGE from surface and one from Ban Duoi of 22.7m grading 1.15 per cent nickel and 0.24g/t PGE from 7m at its Ta Khoa Nickel-PGE project.
— The West

No bubble but land prices might increase in Vietnam
While there are few, if any, signs of the real estate bubble bursting in 2020, Vietnam’s Ministry of Construction said that land prices could increase in some areas.
— The Phnom Penh Post

MobiFone successfully tests 5G network
MobiFone announced on Wednesday that it had successfully tested 5G networks in Hà Nội, HCM City, Đà Nẵng and Hải Phòng after nearly a year of preparation.
— Viet Nam News

Vietnam is preparing for a revival of the 2018 golden period of IPOs
VIETNAM is launching a new wave of market reforms whose centrepiece is to stage a cluster of initial public offerings (IPOs) of its most profitable state-owned banks. An ambitious listing programme began in early 2018 with spectacularly successful IPOs of a few commercial banks, but it was then…
— Business Times

Shares nosedive, VN-Index worstperforms in Asia
Vietnamese shares plunged on Wednesday with VN-Index recorded as the worst daily performing index index in Asia during the session.
— Viet Nam News

 

 

Feature photo City Buskers : An Ode to Asia

This week’s Vietnam morning news feature photo focus on street musicians around Asean.

 

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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