Vietnam Morning News For May 4

Vietnam Morning News For May 4
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Textile sector growth surges
The textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Việt Nam Textile and Garment Group (Vinatex) Lê Tiến Trường.
Viet Nam News

Foreign tourists to VN surge past 4m in first four months
THE NUMBER of international visitors to Vietnam in the first four months of this year was estimated at 4.28 million, representing a year-on-year surge of 30.3 per cent.
The Nation

April has most new enterprises in past year
April had the highest number of newly-established enterprises in the past 12 months, according to the Ministry of Planning and Investment’s National Enterprise Information and Registration System.
Viet Nam News

Vietnam can leverage the ADB and AIIB to its advantage
Deputy transport minister hopes for ‘positive competition’ between two lenders. Asia has two multinational lenders on the scene — the Asian Development Bank and the Asian Infrastructure Investment Bank, a situation some view as a recipe for rivalry. Others, however, see it as an opportunity.
Nikkei Asian Review

ADB-backed projects key to Vietnam’s improved water security
Water operations supported by the Asian Development Bank (ADB) have played an important role in strengthening water security in Vietnam’s most water-stressed areas.
Tuoi Tre News

Vietnam’s Jan-April rice exports fall to 9-year low – govt
Despite falling shipments and a smaller crop, Vietnamese rice prices remained stable over the past month and were cheaper than Thai rice.

Vietnam fruit exports have to meet high standards in foreign markets
GDC said Vietnam’s fruit export turnover in 2016 reached $2.46 billion, a sharp increase of 33.6 percent compared to 2015. Turnover has been increasing in the last three years: by 28.4 percent in 2014 and 23.7 percent in 2015.

Shares upbeat following holidays
Shares advanced during the first session on Wednesday after the National Reunification and International Labour holidays as investors remained positive about the market outlook.
Viet Nam News

Sabeco reports 18% rise in profit
Sài Gòn Beer, Alcohol and Beverage Corporation (Sabeco) announced its net profit in the first quarter of 2017 rose 18.8 per cent year-on-year to VNĐ1.12 trillion (US$49.78 million).
Viet Nam News

Pacific leaders urged to pressure Vietnam on poaching issue
Pacific leaders are being urged to increase the pressure on Vietnam to accept responsibility for its fishermen poaching beche de mer and other marine resources in coastal waters.
Radio New Zealand

Elevated highway proposed to ease traffic pressure at Tan Son Nhat airport
An elevated highway connected to Tan Son Nhat International Airport in Ho Chi Minh City is expected to begin construction at the end of the year, with capital investment estimated at VND2.6 trillion (US$114.3 million).
Tuoi Tre News

Cracking down on ‘mobile karaoke’ an onerous task in Ho Chi Minh City
Having a karaoke-addicted neighbor is a nightmare, but the proliferation of ‘mobile karaoke,’ whereby anyone with a bluetooth microphone and a smartphone app can be a singer at anytime, anywhere, only serves to worsen the situation.
Tuoi Tre News

Hanoi, Ho Chi Minh City overwhelmed by post-holiday gridlock
As the long weekend holiday came to its end, people rushing back to Hanoi and Ho Chi Minh City brought with them a traffic congestion nightmare at entrances to both cities.
Tuoi Tre News

Vietnam to chop pork imports in mission to save pig farmers’ bacon
Vietnam plans to cut pork imports and expand export markets for the meat as part of an unprecedented nationwide campaign to rescue pig farmers, the government said.

US man smuggled 93 exotic birds in luggage from Vietnam to LAX
A U.S. citizen flying from Ho Chi Minh City, Vietnam, to Los Angeles Airport was arrested by federal agents in March for smuggling 93 exotic birds in his luggage, according to U.S. Customs and Border Protection statement Wednesday.
Washington Examiner

VN’s air emission standard stands low
Standards on emission concentration in Việt Nam are below international standards. More pollutants in Việt Nam, therefore, can be emitted than in other countries, said Ngụy Thị Khanh, Green Innovation and Development Centre (GreenID) executive director in Hà Nội in a panel discussion on air quality held by the US Embassy on Wednesday.
Viet Nam News

Authorities, Taxi Drivers Cut Deal On Vietnam Border Rides
After nearly 50 Cambodian taxi drivers blocked a border checkpoint in Kandal province on Tuesday to protest their Vietnamese counterparts’ methods of picking up passengers, authorities cut a deal to even out the competition, police said.
The Cambodia Daily (paywall)


Feature photo Monica Volpin
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