Vietnam morning news for May 1

Vietnam morning news for May 1

Vietnam morning newsVietnam exports 415 million face masks this year
A surge in global demand has enabled Vietnam to export over 415 million face masks in the year to April 19.
— VnExpress

Vietnam Poised to Export COVID-19 Test Kits
Less than a month ago, Vietnam was importing COVID-19 test kits from South Korea and conducting test research with Japan.
— VOA

Việt Nam urged to tap global supply chain for halal products
As global supply chains for Halal products have been disrupted by the pandemic, Vietnamese companies have been urged to further tap the halal market which has export value of US$34 billion a year, experts said at an online seminar on Tuesday.
— Viet Nam News

Vietnam: This year’s lychee volume expected to increase by 10,000 tonnes
With more than 28,000 ha of lychee, the northern Vietnamese province of Bac Giang is expected to harvest over 160,000 tonnes of lychee this season, an increase of 10,000 tonnes compared to the 2019 season.
— Fresh Plaza

Cambodian NGOs Press Government to Demand Vietnam Remove Military Posts in Disputed Border Area
Cambodian NGOs and opposition figures are urging government authorities to demand that Vietnam remove a string of military shelters set up in a disputed border area, calling the tents’ presence on the border an attempt to encroach on Cambodian territory.
— Radio Free Asia

WFW assists Vietnam floating solar project financing
Watson Farley & Williams (WFW) instructed lender Asian Development Bank (ADB), in financing the US$37 million installation of floating solar photovoltaic power generation panels.
— Vantage Asia

Industry flags timing and CBI concerns over Vietnam’s chemical inventory
Industry representatives have expressed concern over the deadline for making nominations to Vietnam’s draft national chemical inventory – and how confidential business information (CBI) will be protected.
— ChemicalWatch

Việt Nam will likely import 50,000 tonnes of Russian pork
Việt Nam will likely import 50,000 tonnes of pork from Russia this year, accounting for 70 per cent of total import.
— Viet Nam News

Vietnam offers tough lessons for U.S. on coronavirus
The United States passed a tragic milestone this week in its novel coronavirus outbreak.
— WashingtonPost

Vietnam and modern memory
Back in the mid-80s, an Army officer of my acquaintance succinctly summed up the mood of the post-Vietnam military: “It’s OK to be a Vietnam veteran in today’s military,” he observed, “so long as you don’t dwell on it or refer back to it.”
— Military Times

Việt Nam’s efforts to improve international trade policy
Vice Chairman of the Japan External Trade Organisation (JETRO) Hironobu Kitagawa, who was once JETRO’s Chief Representative in Việt Nam, speaks to Vietnam News Agency about the country’s efforts to improve its international trade policies on the occasion of its 45th National Reunification Day (April 30).
— Viet Nam News

Experts optimistic about Vietnam’s post-pandemic recovery prospect
Experts forecast a positive prospect for the Vietnamese economy after the pandemic is stamped out, according to a report by Vietnam News Agency (VNA).
— Edge Prop

Vietnam urged to tap global supply chain for halal products
As global supply chains for halal products have been disrupted by the pandemic, Vietnamese companies have been urged to further tap the halal market which has an export value of US$34 billion a year, experts said at an online seminar on Tuesday (April 28).
— The Star Online

Many sectors in Vietnam expected to recover quickly once Covid-19 wanes
Experts have said that once the coronavirus (Covid-19) pandemic ends, higher market demand would support many sectors in quickly resuming their business.
— The Star Online

Vietnam goes online to celebrate 45 years since end of war
Vietnam has largely lifted a nationwide lockdown to contain the coronavirus, but events will be drastically curtailed when the country celebrates Reunification Day on Thursday.
– Nikkei Asian Review (paywall)

Vietnam Issues Investment Incentives for SMEs
As the outbreak of COVID-19 hampers business activity, Vietnam introduced Decree No. 37/2020/ND-CP (Decree 37) on March 30 to update the list of sectors and industries access to investment incentives under Decree 118/2015/ND-CP. The move underlines the government’s efforts to support businesses and particularly small and medium-sized enterprises (SMEs) affected by COVID-19.
— Vietnam-Briefing

Coronavirus: Vietnam reports no community transmission in 14 days
Vietnam records no new Covid-19 cases Thursday morning, marking the sixth day without one, and the 14th day without community transmission.
— VnExpress

Vietnam’s P2P lenders suffer high default rates amid rising demand for loans
Vietnam’s nascent P2P lending industry has been paralysed by high default rates with the ratio of non-performing loans (NPLs) estimated anywhere between 8 to 20 per cent of their portfolio, industry observers reckon.
— DealStreetAsia

Việt Nam’s efforts to improve international trade policy
Vice Chairman of the Japan External Trade Organisation (JETRO) Hironobu Kitagawa, who was once JETRO’s Chief Representative in Việt Nam, speaks to Vietnam News Agency about the country’s efforts to improve its international trade policies on the occasion of its 45th National Reunification Day (April 30)
— Viet Nam News

Luxurious car brands forecasted to increase market share
The luxurious car market is expected to develop strongly this year, despite the automobile industry facing challenges due to the COVID-19 pandemic, causing automakers to suspend or reduce production.
— Viet Nam News

Wood industry needs a fundamental change, says experts
The wood industry needs a fundamental change in export product lines and markets after the COVID-19 pandemic ends
— Viet Nam News

75 per cent of companies eye cut to HR costs if pandemic worsens: survey
If the Covid-19 situation worsens, 75 per cent of companies will seek to cut human resource costs, a recent survey by HR consulting firm Talentnet Corporation has found.
— Viet Nam News

Vietnam welcomes 38 percent less foreigners in four months
Vietnam received 3.7 million foreign visitors in Jan-April, a 38 percent drop year-on-year, as a direct impact of the Covid-19 pandemic.
— VnExpress

Social housing development important to driving market out of difficulties
Social housing could be the solution to driving the real estate market out of this difficult time caused by the COVID-19 pandemic, according to the Ministry of Construction.
— Viet Nam News

Pandemic causes Q1 loss of $110 million, says Vietnam Airlines
Vietnam Airlines has reported a loss of over VND2.6 trillion ($110 million) in the first quarter, which is higher than its 2019 net profit.
— VnExpress

Vietnam draws on propaganda artists in battle against virus
A 76-year-old Vietnamese painter who has spent his life making propaganda art for the Communist government has turned his brush to the coronavirus, designing posters that have popped up across Hanoi.
— Mizzima

Firms urged to respond to trade remedies
The EU-Việt Nam Free Trade Agreement (EVFTA) is expected to bring great opportunities for many economic sectors, including seafood, footwear and textiles.
— Viet Nam News

Ninh Thuận restructures agriculture to adapt to drought
The south-central province of Ninh Thuận is restructuring agriculture to adapt to droughts and secure stable incomes for farmers.
— Viet Nam Net

Plummeting stock prices raise fears of businesses being acquired
Like many markets in the world hit hard by the COVID-19 pandemic, Vietnamese shares have lost about 20 per cent in value this year
— Viet Nam News

Expats in Vietnam happy about economic reopening
Expats in Vietnam are the first foreign South East Asian residents to benefit from local economy re-opening.
— Emigrate.co.uk

After aggressive mass testing, Vietnam says it contains coronavirus outbreak
Businessman Phan Quoc Viet was making his usual prayers at a pagoda in Tay Ninh, a province in southern Vietnam, when the government official’s call came.
— National Post

First White Book on Vietnamese Co-operatives released
The General Statistics Office released its first White Book on co-operatives in Việt Nam on Tuesday
— Viet Nam News

Insiders say landlords in Vietnam should switch to revenue sharing model
Vietnamese landlords should consider shifting from their traditional fixed-rent model to base rents and revenue sharing like in many other countries to spread the risk, experts have suggested.
— The Phnom Penh Post

61 per cent of customers not offered relief by landlords: CBRE
Around 61 per cent of respondents have not been offered relief by landlords, a flash survey of the impacts of COVID-19 done by CBRE has found.
— Viet Nam News

Many sectors will recover quickly due to high market demand: experts
Experts have said that after the coronavirus (COVID-19) pandemic ends, higher market demand would support many sectors in quickly resuming their business.
— Viet Nam News

Five new rotifer species found in central Việt Nam
A group of biological scientists and researchers from the central city’s Science and Education College together with two professors from Belgium and Thailand have found five new rotifer species after research conducted in Việt Nam from 2013.
— Viet Nam Net

Raw cashew shortage in Vietnam
Vietnamese cashew processors are resuming activity now that the country is relaxing restrictive measures due to the Covid-19 epidemic, although a raw cashew nut (RCN) shortage is slowing production.
— iegvu

Vietnam Red Cross donates medical supplies to Cambodia
The Vietnam Red Cross Society (VRC) has donated 60,000 medical masks and 300 sets of personal protective equipment (PPE) to its Cambodian counterpart to help the Cambodian people fight the COVID-19 pandemic.
— VietnamPlus

Việt Nam’s plain MDF board faces anti-dumping investigation in India
Việt Nam is among several countries to face India’s anti-dumping investigation on plain medium density fibre (MDF) board with thickness of less than 6mm, the Vietnamese Ministry of Industry and Trade (MoIT) has said.
— Viet Nam News

Two more recovered COVID-19 patients tested positive, current active cases bounce back to 51
Two more recovered COVID-19 patients have tested positive again, the Steering Committee for COVID-19 Prevention and Control said Wednesday afternoon.
— VGP RSS Feed

Indian Gov’t finances restoration of My Son Sanctuary core area
The Indian Government has financed VND 50 billion to restore the world cultural heritage site, the My Son Sanctuary, in the central province of Quang Nam during the 2015-2021 period.
— VGP Local Activities

April CPI down 1.54%
The consumer price index (CPI) in April fell by 1.54 per cent over the previous month and by 1.21 per cent compared to December 2019, the General Statistics Office (GSO) reported in Hà Nội on Wednesday.
— Viet Nam News

Markets gain slow before a short break
Local shares gained slightly on Wednesday ahead of a short break as investors remained cautious because of the market’s uncertain prospects.
— Viet Nam News

Deputy PM, FM Minh holds phone talks with Estonian FM
Deputy Prime Minister, Foreign Minister Pham Binh Minh and Estonian Foreign Minister Urmas Reinsalu discussed COVID-19 fight and cooperation at United Nations Security Council (UNSC) as both Viet Nam and Estonia are non-permanent members.
— VGP Government in Action

Agriculture needs to adapt for better development
Hoàng Trọng Thủy, an agriculture expert, talks to the newspaper Kinh tế & Đô thị (Economic and Urban Affairs), on the important role of agriculture in national socio-economic development
— Viet Nam News

Vissan begins to sell online at Sendo
Vissan JSC has tied up with Sendo, a large and reputed e-commerce site in Việt Nam, to sell its products online.
— Viet Nam News

 

 

Feature photo Phụnữ Vietnam
This week’s Vietnam morning news feature photo focus on Liberation Day, April 30.

 

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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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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