Vietnam morning news for May 25

Vietnam morning news for May 25

Vietnam morning news

One more COVID-19 case confirmed, total rises to 325
A 34-year old woman returning from Russia was confirmed the latest COVID-19 case in Viet Nam, raising the country’s patient tally to 325, according to the National Steering Committee for COVID-1 9 Prevention and Control.
— VGP Ministerial Activities

$49b loans of COVID-19 affected borrowers get preferential rates
Banks cut interest rates for loans worth more than VNĐ1.12 quadrillion (US$49 billion) of nearly 322,190 borrowers affected by the COVID-19 pandemic as of May 11, a State Bank of Việt Nam (SBV) report showed.
— Viet Nam News

Vietnam internet speed slows further as undersea cable breaks down
Internet connection to Vietnam via Asia Pacific Gateway (APG) undersea cable was cut off entirely after it encountered an as yet unidentified problem Saturday morning.
— VnExpress

The Vietnam Automobile Industry at a Crossroads
The Vietnam automobile industry has developed gradually since the government announced an automobile industry development policy in 1998. It is forecast that global commercial vehicle production will decline by 22 percent to 2.6 million units in 2020, compared to 2019.
— The Diplomat

Quang Ninh emerges as successful economic transformation model, PM says
VGP – Quang Ninh has emerged as a successful economic transformation model as the locality has shifted to a greener and diverse economy, said Prime Minister Nguyen Xuan Phuc.
— VGP Government in Action

Vietnam pushes for digital transformation with cloud computing
The Ministry of Information and Communications has launched a campaign to promote digital transformation using cloud computing with the participation of 11 local service providers.
— NDO

EVFTA not a toll-free expressway for Vietnam to integrate: parliament member
The free trade pact with the EU is expected to open an expressway connecting Vietnam with a $15 trillion market, and it is fee-charging, says National Assembly delegate Vu Tien Loc.
— VnExpress

Vietnam’s prudent, low-cost approach to combating Covid-19
The author has been on a research visit at the Da Nang University of Economics since February 2020. The article is based on his personal observations, exchange with local residents, and independent research based on public sources.
— MENAFN

Philippine home services startup eyes Vietnam expansion
Philippine home services startup GoodWork wants to enter Vietnam later this year or early next year, its founder and CEO Andrew Koger told VnExpress.
— VnExpress

US-led trade network could strengthen Vietnam’s place in global supply chains
Vietnam can entrench itself in global supply chains if the U.S. forms a network of partners to reduce reliance on China, analysts said.
— VnExpress

Vietnam ready for new investment influx
Foreign investors are speeding up the restructuring and reallocation of their production networks globally, with Vietnam considered a bright candidate for investment given its location within the world’s most dynamically-developing region.
— VietnamPlus

Asia Digest: Vietnam’s Hoozing raises funds; Japan’s Persol invests in Freecacy
Vietnam’s proptech startup Hoozing has announced that it raised an undisclosed amount from South Korean investor Smilegate Investment while Persol Asia Pacific, a subsidiary of Japanese recruitment firm Persol, has invested in Southeast Asia-operated HR-technology startup Freecacy.
— DealStreetAsia

Vietnamese Military Shelters Remain in Disputed Border Area Despite Cambodian Diplomatic Protest
Vietnam has yet to dismantle a string of military shelters set up in a disputed area along its border with Cambodia more than a week after Phnom Penh lodged a diplomatic protest through its embassy in Hanoi, Cambodian Ministry of Foreign Affairs spokesman Kuy Kong said Friday.
— Radio Free Asia

MPI introduces state-of-the-art operating platform
Việt Nam’s Ministry of Planning and Investment (MPI) on Friday launched a cutting-edge integrated operating centre that is capable of collecting, analysing and disseminating information in the shortest time possible with the highest accuracy.
— Viet Nam News

Banks urged to promote digitalisation
The COVID-19 pandemic has caused a serious effect to the economy, but it has helped accelerate the race for banks to go digital.
— Viet Nam News

Investors consider Việt Nam a safe investment destination after COVID-19
According to experts, investment is expected to be poured into four industries: information technology and high technology, electronic equipment, e-commerce and logistics, and consumer goods and retail.
— Viet Nam News

2020 consumption stimulus event to kick off in July
The HCM City Department of Industry and Trade announced that it would hold the 2020 consumption stimulus event from July 2-5 this year as a measure to support local producers in the COVID-19 pandemic.
— Viet Nam News

Vietnamese conservationist honored as biodiversity ‘Hotspot Hero’
The Critical Ecosystem Partnership Fund (CEPF) announces that Lê Thị Trang and nine other conservationists from around the world have been named ‘Hotspot Heroes’ for their efforts to protect the world’s biodiversity hotspots.
— Viet Nam Net

Demand for ready-built factories and warehouses increasing: CBRE
The development of e-commerce together with delays to import and export activities due to disrupted logistics services has accelerated demand for ready-built factories and warehouses during the COVID-19 outbreak in Việt Nam.
— Viet Nam News

Four-month earnings slow but firms hope for better months ahead
A number of listed companies have announced lower earnings in April after closing for half of the month.
— Viet Nam News

Real estate firms gear up for the race after pandemic
Property firms were gearing up preparations to tap the opportunities from the post-pandemic recovery of the real estate market which was predicted to soon back to its feet.
— Viet Nam News

Vietnam plans to abolish household registration books
The Ministry of Public Security is planning to put an end to household registration books as a residence management method in sweeping proposed revisions in relation to the residential law.
— NDO

Vietnam, Ireland beef up bilateral cooperation
Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh on May 22 held phone talks with his Irish counterpart Simon Coveney to discuss measures to enhance bilateral cooperation as well as coordination between the two nations at multilateral forums.
— NDO

Vietnam job numbers improve as coronavirus recedes
Labor demand is warming up as companies resume activities after a long hiatus caused by the coronavirus pandemic.
— VnExpress

Scarcity sends Vietnam pork prices to 20-year high
Pork prices hit a 20-year high of VND103,000 ($4.39) per kilogram over scarcity caused by the African swine fever epidemic last year.
— VnExpress

S&P maintains stable outlook for Vietnam’s sovereign credit rating
S&P Global Ratings has announced it has retained Vietnam’s sovereign credit rating at BB, with a stable outlook, according to the Ministry of Finance.
— NDO

Bac Giang to host first teleconference on lychee trade promotion next month
The nation’s first teleconference on lychee consumption is expected to be hosted by the northern province of Bac Giang on June 6, aiming to promote both domestic consumption and export of the local specialty.
— NDO

‘Assembled in Vietnam’ AirPods Pro cases signal shift from China
With many AirPods Pro cases saying ‘Assembled in Vietnam,’ it appears that Apple has shifted part of its production from China to Vietnam.
— VnExpress

SSI asset management to IPO new fund by end of June
The initial value of the fund is estimated at VNĐ50 billion (US$2.13 million).
— Viet Nam News

Data must stay in VN, says minister
The minister said cloud computing will play a key role in the future’s digital infrastructure and must be a top investment priority in Việt Nam’s digitalisation strategy and socio-economic development.
— Viet Nam News

British COVID-19 patient: Miraculous days fighting for life
VGP – British COVID-19 patient had received 65-day treatment at the Ho Chi Minh City for Tropical Diseases where front line doctors made utmost efforts to save his life before being transferred to Cho Ray Hospital for possible lung transplant.
— VGP RSS Feed

Ecosystem off Chàm Islands recovers after COVID-19
Less tourism activity and waste around the Chàm Islands – a world biodiversity reserve site – would help the marine ecosystem in waters off the islands recover after the two-month social distancing order due to COVID-19.
— Viet Nam Net

Beautycare Expo 2020 slated for September in HCM City
The Beautycare Expo 2020, an international exhibition of beauty products, technologies and services, will be a chance for enterprises in the field to co-operate and expand their trade.
— Viet Nam News

New to science newts from Vietnam
In time for the International Day for Biological Diversity 2020, the date set by the United Nations to recognize biodiversity as ‘the pillars upon which we build civilizations’, a new study describes two new to science species and one subspecies of crocodile newts from Vietnam.
— Science Daily

Shares slide after four-day rally
The benchmark VN-Index on the Ho Chí Minh Stock Exchange (HOSE) decreased 1.16 per cent to end at 852.74 points.
— Viet Nam News

One more patient cleared of COVID-19, recoveries account for 82%
A 40-year old Vietnamese man, who was positive again, has been cleared of COVID-19, raising the total number of recovered patients in Viet Nam to 267, making up 82%, according to the National Steering Committee for COVID-19 Prevention and Control.
— VGP Ministerial Activities

 

 

Feature photo UNMISS
This week’s Vietnam morning news feature photo focus on International Day of UN Peacekeepers, May 29.

 

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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