Vietnam morning news for May 21

Vietnam morning news for May 21

Vietnam morning newsVietnam to invest $472 mln in new terminal at HCMC airport
Prime Minister Nguyen Xuan Phuc agreed to a VND10.99 trillion ($472 million) investment for building the Tan Son Nhat airport’s third terminal.
— VnExpress

Vietnam determined to save British pilot, avoid its first COVID-19 death
Vietnam has mounted an all-out effort to save the life of its most critically ill coronavirus patient, a British pilot who works for Vietnam Airlines, the national carrier.
— Reuter

Việt Nam ranks 2nd in top 10 fastest growing wealth markets from 2010 to 2019
Việt Nam ranked at the second position, following Bangladesh, in the top 10 fastest growing wealth markets from 2010 to 2019.
— Viet Nam News

Stranded foreigners can stay in Vietnam until June 30
Foreigners entering the country under visa waiver programmes, e-visas or tourism visas after March 1 will be automatically given stay permit extension until June 30 free of charge.
— NDO

Panasonic to move appliance production from Thailand to Vietnam
Panasonic will shut down a large appliance factory outside Bangkok as early as this fall and consolidate production to a larger facility in Vietnam for greater efficiency, Nikkei has learned.
— Nikkei Asian Review (paywall)

Central bank, Quang Ninh best performers in 2019 Public Administration Reform Index
The State Bank of Vietnam (SBV) ranked first in the Public Administration Reform Index (PAR Index) in 2019 with 95.4 out of 100 points.
— NDO

Vietnam marks Ho Chi Minh’s 130th birthday; prepares for victory over COVID-19
Vietnam celebrated the 130th anniversary of the birth of Ho Chi Minh Tuesday by announcing the imminent end of its COVID-19 outbreak, with no locally transmitted cases reported for 33 consecutive days.
— People World

Vietnam advised to take bold reforms to benefit from EU trade pact
Vietnam needs to fill major legal gaps and address key implementation issues in order to reap the full benefits of a trade agreement with the EU to be ratified by the country’s parliament, according to the World Bank.
— NDO

Vietnam wants to see 55 per cent of population shopping online by 2025
Vietnam aims to have 55 per cent of its population shopping online with an e-commerce revenue in the business-to-customer (B2C) sector reaching US$35 billion by 2025, according to a masterplan approved by its Deputy Prime Minister Trinh Dinh Dung recently.
— The Star Online

Vietnam Airlines launches new routes from Vinh city to Central Highlands
National flag carrier Vietnam Airlines has launched two domestic flights connecting Vinh city in the central province of Nghe An where President Ho Chi Minh was born with cities in the Central Highlands to mark his 130th birthday (May 19).
— VietnamPlus

Apple may shift AirPod Studio production to Vietnam
In a bid to end its dependence on China, Apple is reportedly shifting its upcoming line of over-ear headphones ‘AirPods Studio’ production to Vietnam, The Information reported on Tuesday.
— Times Now news

Vietnam cuts prices for local tourists as virus cases remain low
Vietnam is trying to lure tourists back to its beaches by offering price cuts. The country is one of the first Southeast Asian nations to begin to revive its economy after recording a 98 percent drop in visitors due to the coronavirus pandemic.
— Yahoo News

Vietnam-China Conflict In The South China Sea: Unrealistic And Dangerous Suggestions For Vietnam – Analysis
It is replete with trite, unrealistic and dangerous suggestions for Vietnam to “struggle” against China.
— Eurasia Review

Vietnam to cut auto registration fee by half
The government has green-lighted a cut in registration fees for locally made cars by half in an effort to boost falling demand.
— VnExpress

Transferring solar projects to foreign investors ‘normal’: MoIT
The Ministry of Industry and Trade (MoIT) has said that transferring all or part of a solar power project was normal according to market rules and the Investment Law.
— Viet Nam News

Plastic firm sees slight revenue growth in 2020
Tiền Phong Plastic JSC (HNX: NTP) is aiming for revenue growth of 6.25 per cent in 2020 to VNĐ5.1 trillion (US$221 million).
— Viet Nam News

More procedures to go online: minister
To cope with COVID-19 pandemic, the Government has been pushing more administrative procedures online.
— Viet Nam News

Former Macau casino exec Power joins Ho Tram in Vietnam
Walt Power, a former Macau casino executive who was most recently a non-executive director of South Shore Holdings Ltd, has confirmed to GGRAsia his appointment as chief executive of the Ho Tram Project Co Ltd.
— GGR Asia

E-commerce targets to grow 25 per cent per year, more than half of population to shop online by 2025
Việt Nam has set a target that the e-commerce industry would grow by 25 per cent per year to reach US$35 billion with more than half of the population shopping online by the end of 2025.
— Viet Nam News

Hà Nội employs new technology to clean up Tô Lịch River
A sewer system under the Tô Lịch River is being built using unprecedented technology designed by a Japanese company in a bid to clean up the notoriously polluted river.
— Viet Nam Net

Local VFMVN Diamond ETF enlarges in its first trading week
The value of local exchange-traded fund VFMVN Diamond ETF has increased by five-fold during its first trading week to VNĐ482.3 billion (US$20.87 million)
— Viet Nam News

Reopening Vietnam: How the country’s improving governance helped it weather the COVID-19 pandemic
discovered its first COVID-19 infection in early May. Now, this country of 96 million people has reported a mere 324 confirmed total cases and zero deaths.
— Brookings

Sapo Technology receives 7-digit investment
Sapo Technology JSC has completed its funding round and received an investment of up to seven-digit US dollars from South Korean Smilegate Investment and Vietnamese Teko Ventures.
— Viet Nam News

Roundup: 500 Startups invests in Vietnam’s accounting automation startup Bizzi
Vietnam’s accounting automation startup Bizzi.vn raises seed funding led by 500 Startups Vietnam-based accounting automation startup Bizzi.vn has raised an undisclosed amount of seed round funding, led by 500 Startups, with participation from unnamed angel investors.
— e27

Temporarily halting petrol and oil imports must be considered carefully: ministry
The proposal of temporarily halting the import of petrol and oil must be carefully considered to ensure national energy security and harmonise benefits between producers and consumers, Deputy Minister of Industry and Trade Đa Thắng Hải said.
— Viet Nam News

Controversy around the abolishment on petrol price stabilisation fund
Authorities want to maintain the petrol price stabilisation fund as a tool to keep retail prices stable and give them the ability to intervene in the market when necessary.
— Viet Nam News

Natural disasters cause loss of $139 million in five months
Saline intrusion on some rivers in Mekong Delta has exceeded the historic 2015-2016 dry season which caused damage of VNĐ15 trillion ($646 million).
— Viet Nam Net

HCM City seeks to speed up tardy public spending
HCM City is seeking to speed up public spending after many projects reported delays this year.
— Viet Nam News

EVNGENCO 2 valued at $2 billion, IPO expected in December
The company’s valuation, used for its equitisation process, was announced by the Commission for the Management of State Capital at Enterprises on Tuesday.
— Viet Nam News

Vietnam yet to verify if its national caught C-19 in Kingdom
Vietnam has still not verified whether a 39-year-old Vietnamese national, who was reportedly in Cambodia before returning to Vietnam and testing positive for COVID-19 (C-19), contracted the coronavirus in the Kingdom, according to the Embassy of Vietnam in Cambodia.
— Khmer Times

Vingroup introduces VinHR solution to improve labour productivity
Vantix Solution and Technology Service JSC, an affiliate of Vingroup, on Tuesday announced it will introduce VinHR to improve labour productivity.
— Viet Nam News

Danish business to open office in Vietnam
The Danish company Copenhagen Offshore Partners are opening an office in the Vietnamese capitol Hanoi. The Scandinavian company provides project development, construction and operational management services to offshore wind projects.
— Scandasia

Australia to impose new regulations on prawn imports
Prawn and uncooked prawn products for human consumption exported to Australia will have to follow new regulations from the Australian Department of Agriculture, Water and the Environment from July 1, according to the Việt Nam Association of Seafood Exporters and Producers.
— Viet Nam News

Highlights of PM Phuc’s report on COVID-19 containment
VGP – Prime Minister Nguyen Xuan Phuc delivered a report on COVID-19 prevention and control and solutions to restart the economy, at the opening ceremony of the 14th National Assembly’s 9th working session.
— VGP Government in Action

UPCoM firms suspended for failing to release audited reports
The Hà Nội Stock Exchange (HNX) has suspended 21 companies on the Unlisted Public Company Market (UPCoM) for three days over failure to release audited 2019 financial reports.
— Viet Nam News
VN enters “New Normal”, PM tells WHO Assembly
VGP – Viet Nam has entered “new normal”, allowing the country to restart the economy, said Prime Minister Nguyen Xuan Phuc while addressing the 73rd Session of the World Health Organization Assembly on Tuesday.
— VGP Government in Action

Deputy PM Minh holds phone talks with Italian FM
VGP – Deputy Prime Minister, Foreign Minister Pham Binh Minh and Italian Minister of Foreign Affairs and International Cooperation Luigi Di Maio discussed ways to beef up bilateral and multilateral cooperation between the two countries during their phone talks on Tuesday.
— VGP Government in Action

Ministry gives push to equitisation of SOEs
The Ministry of Finance has raised a number of measures to accelerate the equitisation of State-owned enterprises (SOEs) since the progress made no improvements recently.
— Viet Nam News

GEX to sell entire stake in Đang Nai Port JSC, no longer involved in logistics
The Board of Directors at Vietnam Electrical Equipment Joint Stock Corporation (Gelex or GEX) has approved the sale of their entire 20.25 per cent stake in Đang Nai Port JSC (PDN).
— Viet Nam News

Foreign firms gobble up renewable energy plants in Vietnam
Foreign investors have acquired dozens of solar and wind power plants in Vietnam, but officials say this is a normal practice in a market economy.
— VnExpress

Five-star hotel opens in Hải Phòng
The hotel’s first phase opened on Monday and cost more than VNĐ500 billion, covering 5,000sq.m with 126 rooms, three swimming pools, two restaurants, two bars, one massage area and two meeting halls.
— Viet Nam News

Vietnam calls for special attention to COVID-19 response in Syria
Vietnam has called for special attention to responding to the COVID-19 epidemic which is exacerbating the humanitarian crisis in Syria, at a regular monthly meeting of the UN Security Council.
— VietnamPlus

Uniqlo to launch new store in Vietnam’s tallest building
Japanese fashion brand Uniqlo is set to expand its presence in Vietnam next month with its third store in HCMC.
— VnExpress

Local dairy expected to continue growing in 2020: VIRAC
VIRAC forecasts that the dairy industry prospect in 2020 will continue to grow at a high level, increase investment capital in dairy farms to reduce dependence on imported milk and to meet the needs of people’s domestic consumption.
— Viet Nam News

PM urges enhanced support for businesses amid pandemic
Prime Minister Nguyen Xuan Phuc has directed authorised agencies to focus on supporting businesses to overcome challenges caused by the COVID-19 crisis and take advantage of opportunities for soon recovering.
— NDO

Country to be hit with severe hot weather
Temperatures will hit 34-37 degrees Celsius and even more than 38 degrees Celsius in some places.
— Viet Nam Net

Thaco eyes increase in exports of auto accessories
Thaco Auto Seat Plant (Autocom) is expected to earn US$10.5 million from exports this year, up from $6.2 million last year.
— Viet Nam News

Shares advance on vaccine trial success
Vietnamese shares advanced on Tuesday in line with world stocks thanks to optimism for a global economic recovery after a successful experiment for a coronavirus vaccine.
— Viet Nam News

NA opens 9th working session
VGP – The 9th working session of the National Assembly opened this morning with key topics of COVID-19 containment, evaluation of socio-economic development in 2019 and socio-economic performance in the first months of 2020 among others.
— VGP RSS Feed

Coral reefs restoration begins in Sơn Trà Peninsula
Members of the SaSa Marine animal rescue team have been restoring a 1.2sq.km complex of coral reefs on the coastal south area of the Sơn Trà Peninsula in the central city, reviving the already damaged coral reefs for prolonged existence of ocean species in the area.
— Viet Nam Net

Rangers to identify injured monkeys at Sơn Trà Mountains
At least eight Rhesus monkeys (Macara Mulatta), an endangered species, were found living at the Linh Ứng Pagoda with serious injuries or missing limbs.
— Viet Nam Net

 

 

Feature photo VN Express International
This week’s Vietnam morning news feature photo focus on World Bee Day, May 20.

 

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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