Vietnam morning news for May 5

Vietnam morning news for May 5

Vietnam morning news

Vietnam reports first new coronavirus infection in 9 days, taking its tally to 271
Vietnam reported its first new coronavirus infection in nine days on Sunday (May 3), a British oil expert who was quarantined on arrival, the Health Ministry said.
— The Straits Times

Vietnam faces increasing tax evasion and avoidance
Vietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam.
— The Star Online

Vietnam’s exports surge 4.7 percent in four months
Vietnam’s export value saw a year-on-year increase of 4.7 percent to an estimated 82.9 billion USD in the first four months of this year, according to the General Statistics Office (GSO).
— VietnamPlus

Hanoi considers e-government key for breakthroughs in administrative reforms
The establishment of e-government, along with smart city projects and IT application in state management, is considered key step for Hanoi to make breakthroughs in administrative reforms.
— The Hanoitimes

Industry and trade sector will promote support industry development
The Industry and Trade Ministry will promote the restructuring of industrial production sectors, especially the support industry, due to difficulties in production during the novel coronavirus (COVID-19) pandemic.
— Viet Nam News

Vietnam supermarkets increase sales from online segment
Orders from online segment of Big C and Saigon Co.op increased during national holidays.
— The Hanoitimes

Cambodia’s bilateral trade drops with Vietnam, yet Thailand steady
The two-way trade of Cambodia with Vietnam experienced a decrease during the first quarter of the year caused by the global pandemic. However, the trade volume with Thailand remained steady.
— Khmer Times

Business cash flow issues in Vietnam trump global average: survey
The ratio of Vietnam businesses facing cash flow problems, 47 percent, is higher than the global average of 37 percent, a survey has found.
— VnExpress

How Vietnam Contains the Coronavirus
Students across Vietnam returned to their classrooms Monday. The classes had been closed for three months to prevent the spread of the new coronavirus.
— VOA

Reviewing Vietnam’s ‘Struggle’ Options in the South China Sea
What are Hanoi’s options to push back on Beijing?
— The Diplomat

Vietnam’s economy could boom thanks to fast coronavirus response
Three months after Vietnam detected its first case of coronavirus, the country of more than 95 million hasn’t reported a death from the virus and most of its 270 confirmed cases have recovered, the Wall Street Journal reports.
— Axios

Vietnamese consumers increasingly favor multi-purpose family cars
Sales of multi-purpose family vehicles (MPVs) costing less than VND1 billion ($43,000) doubled in 2019, a report found.
— VnExpress

Leading tour operator reports big loss on Covid-19 impact
Vietravel reported a loss of VND41.5 billion ($1.7 million) in the first quarter as a result of the Covid-19 crisis.
— VnExpress

Vietnam’s coronavirus survivor dies of liver cirrhosis
A man previously cleared of coronavirus infection who died on May 1 has been determined to have succumbed to liver cirrhosis, not coronavirus.
— Vietnam Insider

Hanoi – a goldmine for logistics services: Expert
The location of Hanoi has long been considered strategic as it stands at the heart of the northeast region and serves as the country’s gateway to countries around the world.
— The Hanoitimes

Hanoi streets packed with vehicles as usual after social distancing orders lifted
Hanoi’s streets seem to be stuffier and noisier in the first summer days.
— The Hanoitimes

Apple fuels rumors of building Vietnam plant with staff recruitment
On its official website, Apple is announcing vacancies for engineers and managers in production, quality control, sales or supply chain in the country’s two major cities.
— The Hanoitimes

Vestas wins new order for two wind projects in complex terrain in Vietnam
Vestas has secured another order in Vietnam for two projects totalling 64MW located in complex mountainous terrain in Quang Tri province. Leveraging its extensive siting and project planning capabilities, Vestas was able to help the customer pick the right turbine model for the projects’ specific wind conditions to achieve the highest possible return on investment in the challenging sites.
— Yahoo News

It’s back to school in Vietnam after three-month virus break
Millions of schoolchildren in Vietnam returned to class on Monday (May 4)after the country reported its 17th straight day of no domestically-transmitted coronavirus infections.
— The Star Online

Vietnam schools reopen after three months
Authorities in all 63 provinces across Vietnam have reopened schools, after a more than three-month break aimed at stopping the spread of coronavirus.
— The Courier

Number of new firms in Hanoi in January-April down 13.1 percent
The number of new firms set up in Hanoi in the period from January-April dropped 13.1 percent from the same period in 2019 to 7,468, but the combined registered capital of new enterprises shot up 46.5 percent to over 118 trillion VND (nearly 5.1 billion USD).
— VietnamPlus

Domestic travel set to kick-start Vietnam’s tourism recovery
Vietnam’s tourism industry has gotten an early start to recovery, with domestic demand set to spearhead growth, as the country becomes the first in South-east Asia to lift social distancing restrictions.
— TTG Asia

Vietnam’s enterprise establishment down 13.2 pct in 4 months
Nearly 37,600 enterprises with total registered capital of 445.2 trillion Vietnamese dong (roughly 19.4 billion U.S. dollars) were set up in Vietnam in the first four months of this year, down 13.2 percent in quantity and 17.9 percent in capital from the same period last year.
— Xinhua

Vietnam’s industrial production up slightly in first 4 months of 2020
Vietnam’s national index of industrial production advanced 1.8 percent year-on-year between January and April, according to the country’s General Statistics Office on Monday.
— Xinhua

HCMC to test international arrivals 4 times for Covid-19 during quarantine
Everyone arriving in HCMC from abroad will be quarantined for 14 days and tested on the first, fifth, 10th and last days of isolation.
— VnExpress

Building material sector eyes boon
The building material sector would be among the first to benefit from the Government’s efforts to speed up disbursement of public investment, which was identified as a growth driver as the COVID-19 pandemic cast a shadow on the economy.
— VietnamPlus

Vietnamese consumers increasingly favor small-sized MPVs
Sales of multi-purpose family vehicles (MPVs) costing less than VND1 billion ($43,000) doubled in 2019, a report found.
— VnExpress

Leading tour operator reports big loss on Covid-19 impact
Vietravel reported a loss of VND41.5 billion ($1.7 million) in the first quarter as a result of the Covid-19 crisis.
— VnExpress

Vietnam’s economic growth over years
Economic and political reforms under Doi Moi, launched in 1986, have spurred rapid economic growth, transforming what was then one of the world’s poorest nations into a lower middle-income country.
— VietnamPlus

Downturn in Vietnamese manufacturing sector intensifies
The Vietnamese manufacturing sector saw an intensification of the downturn last month with Manufacturing Purchasing Managers’ Index (PMI) decreasing to 32.7 as a result of the coronavirus pandemic (COVID-19).
— Viet Nam News

Business cash flow issues in Vietnam trump global average: survey
The ratio of Vietnam businesses facing cash flow problems, 47 percent, is higher than the global average of 37 percent, a survey has found.
— VnExpress

Building material sector to benefit from speeding up disbursement of public investment
The building material sector would be among the first to benefit from the Government’s efforts to speed up disbursement of public investment, which was identified as a growth driver as the COVID-19 pandemic cast a shadow on the economy.
— Viet Nam News

Special mechanism needed for Hải Phòng to further its development
Prime Minister Nguyen Xuân Phúc on Sunday agreed there should be a special mechanism for the northern port city of Hải Phòng to further its development.
— Viet Nam News

IIP experiences sharp drop in April
The index of industrial production (IIP) in April witnessed a month-on-month decline of 13.3% and a year-on-year drop of 10.5%, the General Statistics Office (GSO) reported.
— VGP Ministerial Activities

Newly-established enterprises plummet in April
Over 7,880 enterprises were founded in April with a total registered capital of VND 93.9 trillion, down 46.9% in number and 43.8% in value in comparison with the same period last year, the General Statistics Office (GSO) reported.
— VGP Ministerial Activities

Four-month industrial production hits record low due to COVID-19
In April alone, the IIP slumped sharply by 13.3 per cent over the previous month and by 10.5 per cent over the same period last year. It is also the first IIP decrease in April during the 2016-20 period, the GSO said.
— Viet Nam News

British pilot tested negative for COVID-19, remains in critical conditions
British pilot, who was confirmed the 91st COVID-19 patient in Viet Nam, has tested negative for the virus over the past four days but still remained in critical conditions.
— VGP Ministerial Activities

Stricter penalties to be imposed on e-commerce violations
Đặng Hoàng Hải, head of Việt Nam’s e-Commerce and Digital Economy Agency under the Ministry of Industry and Trade, talks to Vietnam News Agency about IT application in trade activities to link e-commerce with traditional commerce.
— Viet Nam News

Enterprise formations in Việt Nam down 13% in Jan-Apr due to the pandemic
Nearly 37,600 new firms were established in Việt Nam with registered capital of a combined VNĐ445.2 trillion (US$19.1 billion) in the first four months of this year, down 13.2 per cent in number.
— Viet Nam News

No new community transmission case of COVID-19 in 18 consecutive days
Viet Nam recorded no new Covid-19 infection on May 4, marking the 18 consecutive days without community-transmitted infection,, the National Steering Committee on Covid-19 Prevention and Control reported.
— VGP RSS Feed

Sa Pa tourism enterprises kick off stimulus programme
The People’s Committee of Sa Pa Town, Lào Cai Province has cooperated with the Sa Pa Tourism Association and the Fansipan Cable Car Service Co, Ltd to kick off a tourism stimulus programme.
— Viet Nam News

PM officially gives green light to export of medical face masks
Prime Minister Nguyen Xuân Phúc has given the green light to the export of medical face masks without any caps on export volume so that Việt Nam would not miss out on the opportunity of becoming the world’s face mask factory amid the COVID-19 pandemic.
— Viet Nam News

Golf course projects to be managed by business conditions
Government will be responsible for approving golf projects instead of provincial authorities.
— Viet Nam News

Việt Nam’s exports surge in four months despite pandemic
Domestic companies generated $26.45 billion from exports during the period, rising 12 per cent year-on-year and making up 32 per cent of the country’s total export earnings
— Viet Nam News

Vietnam congratulates Poland on National Day
General Secretary of the Communist Party of Vietnam Central Committee and President Nguyen Phu Trong sent a congratulatory message to President of the Republic of Poland Andrzej Duda on May 3, on the occasion of the country’s 229th National Day (1791-2020).
— NDO

Local stocks to slide on softened “Sell in May” sentiment
After a robust month of April, local shares are expected to settle down in May with some short-term downtrends, but the falls would be soft.
— Viet Nam News

Severe heat wave forecast to hit northern, central regions
A severe heatwave is forecast to hit northern and central regions in the next few days with temperatures reaching up to 45 degree Celsius, the National Hydrometeorological Forecast Centre said on Sunday.
— Viet Nam Net

Schools reopen after unprecedentedly long break
Tens of millions of pupils and students across 63 provinces and cities have gone back to schools on May 4 after a three-month break due to Covid-19 pandemic.
— VGP Local Activities

BuyMed gets US$2.5 million in pre-Series A funding
Local start-up BuyMed, a pharmaceutical distribution network, raised US$2.5 million in its pre-Series A funding.
— Viet Nam News

 

 

Feature photo Oriental Tours
This week’s Vietnam morning news feature photo focus on Vesak Day, May 7.

 

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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