Vietnam Morning News For April 3

Vietnam Morning News For April 3
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Vietnam morning news

Vietnam manufacturing PMI hits 22-month high in March
Vietnamese manufacturing sector ended the first quarter of the year on a positive note. The Nikkei Vietnam Manufacturing Purchasing Managers’ Index, or PMI, rose to a 22-month high of 54.6 in March from 54.2 in February.
Nikkei Asian Review

Vietnam records a strong export growth in first quarter
With total export value estimated at 43.73 billion USD, Vietnam’s exports in the first three months of this year went beyond expectations, up12.8 percent from the same time in 2016, according to the Import-Export Department under the Ministry of Industry and Trade.
Hanoi Times 

Taiwan Vietnam’s fourth largest foreign investor
According to the latest statistics published by Vietnam’s General Statistics Office, Taiwan’s investors stand as the fourth largest source of foreign capital in Vietnam, trailing only behind South Korea, Singapore, and China.
Taiwan News 

New draft law sets minimum air ticket price
A Ministry of Transport (MoT) draft law, which is currently collecting idea contributions, would enforce a minimum price for domestic air tickets, a move opposed by fast-growing low-cost carrier Vietjet Air.
Viet Nam News 

AirAsia Bhd., the low-cost carrier headed by Malaysian tycoon Tony Fernandes, plans to start a Vietnamese carrier in a local partnership, as cheap fares and rising incomes fuel a travel surge in the Southeast Asian nation.
MacauDaily Times 

Vietnamese farmers rush into raising catfish over Chinese demand
A surge in demand for catfish from the Chinese market has led farmers in Vietnam’s Mekong Delta to grow a large volume of the type of fish, despite many warnings from experts.
Tuoi Tre News 

Stock volatility expected this week
Shares are expected to decline further this week as investors seek profits from a 10-year high, but the decline will not be heavy as foreign investments and first-quarter performances will boost investor confidence in listed companies.
Viet Nam News 

KKR to Take $250 Million Stake in Vietnam’s Masan and Meat Unit
KKR & Co. is investing $250 million in Vietnam’s Masan Group Corp. and its unit to help boost their competitiveness in the country’s $18 billion meat industry.

Feature: Vietnam steps up efforts to curb “ugly” tourism, protect Chinese visitors’ interests
In a queue that stretched about a kilometer Chinese tourists were waiting patiently to complete border procedures to enter Vietnam unaware of the fact that some of them had fallen foul of dishonest travel agencies.
Xin Hua Net 

Local beer firm eyes Vietnamese brewery
San Miguel Corp. (SMC) will join the Vietnamese government’s public bidding for the sale of its stake in state-owned brewery, Saigon Beer Alcohol Beverage Corp. (Sabeco).
Malaya Business Insight 

Hanoi to enhance service quality and develop public transport bus system
Hanoi People’s Committee has recently issued Announcement 207/TB-UBND, stating conclusion of the People’s Committee leaders at the meeting on project “Improve service quality and develop public transport system by bus in Hanoi in the 2016-2020 period and orientation to 2025”.
Hanoi Times 

Unsafe produce hurting exports
Nowadays, a number of countries apply standards by associations or sectors instead of national standards. For instance, retailers in UK, North America and Europe only consider signing contracts with suppliers which have British Retail Consortium (BRC) certification.

Massive imports overpower domestically made products
Vietnam spends big money every year to buy foreign goods and services, including those which could be made or offered domestically.
VietNamNet Bridge 

T&T group suggests to invest over 1,300 billion VND in high-tech agriculture
According to T&T Group, the investment project covers the area of planning rice cultivation, growing crops and water surface area in communes and wards in Son Tay town focused on 5 regions.
Hanoi Times 

Việt Nam’s Mother Goddesses receive UNESCO’s recognition certificate
A ceremony marking an official UNESCO certificate of recognition for “Practices Related to the Việt Beliefs in the Mother Goddesses in Three Realms” as an Intangible Cultural Heritage of Humanity was held last night at the Phủ Giầy worshipping complex in the northern province of Nam Định.
Viet Nam News 



Feature photo Qui Nguyen Khac
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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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.

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