Vietnam Morning News For March 9

Vietnam imposes official safeguard duty on some imported fertilizers
The Ministry of Industry and Trade (MoIT) announced to slap official safeguard measures on DAP and MAP fertilizers imported to Vietnam from March 7 due to its damage to the domestic production.
— The Hanoi Times

Vietnam revokes foreign owned, $3.2b oil refinery project investment license
Vietnam has revoked the investment license for a foreign-owned $3.2-billion oil refinery project in the country’s central province of Phu Yen, a local government official told Reuters on Thursday.
— DealStreetAsia

Vietnamese steel firms face wrath of Trump’s protectionism drive
Local steel producers may lose their foothold in the U.S. market and face fierce competition from China.
— VnExpress

Central bank issued bills valued at over $4 billion
The State Bank of Việt Nam (SBV) has issued record high bills worth some VNĐ92.1 trillion (US$4.05 billion) until Monday to withdraw money from the banking system.
— Viet Nam News

VN firms seek investments from London financial market
Vietnamese Ambassador to the UK Tran Ngoc An and representatives from the Ho Chi Minh Stock Exchange and Vietnamese businesses on March 7 attended the opening session of the London Stock Exchange, one of the largest stock markets in the world.
— VietnamPlus

Rights report: 2017 worst year for dissidents in Vietnam
Vietnam’s communist government severely cracked down on human rights and democracy advocates as well as other protesters last year, according to local rights defenders.
— UCA News

Petrol, oil prices kept unchanged in latest regular adjustment
The prices of oil and petrol are kept unchanged after the latest regular review by the ministries of Industry and Trade and Finance on March 8.
— VietnamPlus

Vietnamese fruit becoming popular in Japan
Vietnamese fruit is making its presence felt in the Japanese market, with the country registering a turnover of US$170 million in 2017 through the export of fruits and vegetables, a year-on-year increase of 70 per cent.
— Bizhub

New rules set for operation of foreign trade promotion agencies
The Vietnamese Government has issued the Decree 28/2018/ND-CP, which stipulates principles for activities of foreign trade promotion agencies in Vietnam.
— Nhan Dan Online

Vietnam set to be big winner in TPP trade deal
Vietnam, whose low-wage economy relies on exports, poised to benefit from elimination of tariffs in US and other major importing nations.
— Aljazeera

Resort property awakens to competition
Sleeping through the hard winter years, the princess of the real estate sector the resort property segment is now awake, for the joy of keen developers and investors. However, the princess is not the sole bachelorette anymore: she is now in a contest with other beauties.
— VietnamNet Bridge

VP Bank stock permitted for margin trading
The HCM City Stock Exchange (HoSE) has removed the shares of Việt Nam Prosperity Joint Stock Commercial Bank (VPB) from the list of securities not eligible for margin trading.
— Viet Nam News

Vietnam named among countries least prepared for Fourth Industrial Revolution
A World Economic Forum report says the country ranks low in terms of education, human resources, innovation and technology.
— VnExpress

Vietnam’s Appota acquires tool for sharing free passwords Wifi Chua
Vietnam’s mobile platform provider Appota has acquired Wifi Chua, a tool for sharing and connecting to free WiFi passwords, lifting its total users in mobile service ecosystem in the country to 50 million.
— DealStreetAsia

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