Vietnam Morning News For April 13

Vietnam Morning News For April 13
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Vietnam morning newsVietnam ministry seeks final assessment of $69bn plan to develop three special economic zones
Vietnam’s Ministry of Finance is collecting final feedback on a proposed master plan to establish three special administrative and economic zones projected to carry an enormous total price tag of VND1,570 trillion (US$69.16 billion).
— Tuoi Tre

Tax sector steps up technology application
The General Department of Taxation (GDT) has sped up reforms and application of information technology to make its management more effectively.
— The Hanoi Times

Banks hit 25-30% of profit goal
Many banks were estimated to meet 25-30 per cent of their annual profit targets by the end of March, although the first quarter is usually the most sluggish for banks.
— Bizhub

Vietnamese firms should embrace fourth industrial revolution: commerce chamber
Vietnam’s automation-savvy firms will be helped to establish international networks and adopt the last technologies.
— VnExpress

TrueMoney Vietnam wins payment services license
TrueMoney Vietnam has obtained an Intermediary Payment Services License from the State Bank of Vietnam to operate digital financial services in the market.
— Telecomasia

Polyester plant to resume operations in April
The Dinh Vu Polyester Fibre Plant (PVTex) will resume the operation of three production lines on April 18, targeting an output of 189 tonnes of yarn in the first month.
— Bizhub

Vietnamese government raises US$61.5mn from SOE divestment
The Government raised more than VND1.39 trillion (US$61.5 million) by divesting its stake in State-owned enterprises (SOEs) in the first quarter of this year, according to the Ministry of Finance.
— VietnamNet Bridge

MINISO Appeared in the “Shop & Store Vietnam 2018” Exhibition
From March 28th to March 30th, 2018, the grand “Shop & Store Vietnam 2018” Exhibition was held in the Saigon Exhibition & Convention Center (SECC) by REED Tradex.
— AEC News Today/ PR Newswire (media release)

VN’s economy stablises in 2018
Fiscal consolidation, together with low inflation rates in 2018, are chief drivers for Viet Nam’s continuously stabilising macro economy in the context of rising global trade protectionism and turmoil, said the Asian Development Bank (ADB).
— Bizhub

Relaxed visa policy could be ‘magic wand’ for Vietnam’s tourism
Relaxing its visa policy could be Vietnam’s ‘magic wand’ to attract more foreign visitors and transform itself into a top regional and global destination, experts say.
— Tuoi Tre

Local gold prices keep up with global rise
Domestic gold prices have seen a steady increase since the beginning of this week.
— VietnamPlus

Ministry to auction Vietnam Airlines’ share purchase rights
The Ministry of Transport will auction 371.5 million share purchase rights, equivalent to 57.9 million additional shares, in Vietnam Airlines’ upcoming share issuance.
— VietnamNet Bridge

GMS transport projects make Vietnam better connected
Vietnam has got better connected with other countries in the Greater Mekong Sub-region (GMS) thanks to a wide range of projects on transport infrastructure development conducted within this cooperation framework.
— VietnamPlus

Alleged Vietnamese $660 million fraud reveals crypto dangers remain real
Local, regional and crypto media outlets are reporting that Vietnam has just experienced the world’s biggest crypto heist. A look at the companies alleged to be involved in this scam reveals … well, not much at all.
— Asia Times

U.S. seeks to deport thousands of Vietnamese protected by treaty: former ambassador
The United States is seeking to send thousands of immigrants from Vietnam back to the communist-ruled country despite a bilateral agreement that should protect most from deportation, according to Washington’s former ambassador to Hanoi.
— Reuters

Ministry of Construction steps in to block land speculation in Phu Quoc, Van Don, Van Phong
Deputy Minister of Construction has just signed an official letter, requesting Quang Ninh, Khanh Hoa and Kien Giang provinces to put under control the dramatic land price increase in a short period of time in Van Don, Van Phong, and Phu Quoc.
— The Hanoi Times

HCM City delegation to promote trade, investment in Cuba
The Investment and Trade Promotion Centre of Ho Chi Minh City (ITPC) will send a delegation to study the market and promote trade and investment in Cuba from April 15-24.
— VietnamPlus

Russian firms showcase goods at expo
Many Russian firms are exhibiting their products during the 28th Viet Nam International Trade Fair (Viet Nam Expo 2018), which opened at the International Exhibition Centre in Ha Noi on Wednesday.
— Bizhub


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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).

Vietnam morning news by AEC News Today is your one stop source for Vietnam news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies, not politics.


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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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