Vietnam morning news for April 12

Vietnam morning news for April 12

Vietnam morning news

Tourism Arrivals In Vietnam On Steady Growth Trajectory
International visitor arrivals to Vietnam in the first quarter of 2019 improved seven per cent to reach 4,500,114 visits, with China, South Korea, Japan, US, Russia and Taiwan being the largest source markets. During March, the country registered 1,410,187 arrivals, up five per cent year-on-year.
— Investvine

Climate-smart food production key for agricultural sector
As Viet Nam’s agricultural sector is facing serious impacts of climate change, it is necessary to adapt and improve food production.
— Eleven Myanmar

Ho Chi Minh City reviews people’s satisfaction of administrative reform
The pilot survey of satisfaction of local people and organizations for the administrative reform work in Ho Chi Minh City in 2018 was reviewed at a conference held by the municipal chapter of the Vietnam Fatherland Front (VFF) on April 11.

Vincom Retail’s revenue up 65 per cent in 2018
Vincom Retail Joint Stock Company earned total net revenue of VNĐ9.12 trillion (US$392.2 million) in 2018, up 65 per cent compared with the previous year, according to its financial report released at the second shareholders’ meeting in Hà Nội on Thursday.
— Viet Nam News

Japanese investment in Vietnam on the rise in 2019
Japanese investment in Vietnam is expected to grow this year, given Japan’s recent initiative to shift investment to Vietnam and other Mekong River nations, as well as free trade agreements (FTA), experts said.

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Standard & Poor’s upgrades BIDV’s credit ratings
Global rating agency Standard & Poor’s (S&P) has upgraded the long-term issuer credit rating of the Bank for Investment and Development of Vietnam (BIDV).
— Viet Nam News

Seminar discusses IoT application in SMEs’ operation
A seminar on the application of the Internet of Things (IoT) in the operation of small- and medium-sized enterprises (SMEs) was held in Hanoi on April 11.

US criticises Vietnam ban of glyphosate herbicide imports
US Secretary of Agriculture Sonny Perdue on Thursday (Apr 11) criticised Vietnam’s move to ban imports of glyphosate herbicide, saying the decision would have “devastating impacts on global agricultural production.”
— Channel NewsAsia

Cabinet members discuss matters related to BT projects, zoning law
Prime Minister Nguyen Xuan Phuc chaired a cabinet meeting on April 11 to discuss controversial issues of a draft decree on the use of public property to pay investors in build-transfer (BT) projects.

FM Logistic breaks ground for new distribution centre in Việt Nam
French logistics and transport company FM Logistic on Wednesday started its construction on its US$30 million warehouse and distribution centre in northern province of Bắc Ninh to tap on the fast-growing outsourced logistics market in Việt Nam.
— Viet Nam News

Supply of Hanoi town houses, villas hits record high in Q1
The number of town houses and villas put up for sale in Hanoi in the first quarter rose to 2,600, a record high in three years, property consultancy CBRE Vietnam said on April 10.

For Vietnam, Trade War a Sword That Cuts Both Ways
Look at a list of the top four countries in Asia that could be hurt as China’s economy slows down and its ongoing trade war with the United States heats up.

More comprehensive solutions needed for solar energy development
Rising concerns about the environment and livelihoods are setting barriers to developing solar energy in Vietnam, experts have said.

Việt Nam to develop new markets for rice
To boost the export of rice as per the direction of the Prime Minister, the Ministry of Industry and Trade (MoIT) has many solutions to help businesses find export markets.
— Viet Nam News

National action month on food safety to begin on April 15
The National Action Month on Food Safety will take place from April 15 to May 15 with the theme of “Say no to fake and substandard food and protect customers’ rights”.

Ministry releases 2018 import-export report
The Ministry of Industry and Trade on Wednesday in Đà Nẵng City held a ceremony to announce the Việt Nam Import-Export Report 2018.
— Viet Nam News

Sales of imported automobiles surge in Q1
Sales of imported automobiles recorded a year-on-year leap of 234 percent to about 32,000 vehicles in the first quarter of this year, announced the Vietnam Automobile Manufacturer Association (VAMA) on April 10.

Viettel Post plans 36-per-cent growth in 2019
Viettel Post, a subsidiary of Viettel Corporation, aims for growth of more than 30 per cent across its all business targets for 2019.
— Viet Nam News

Vietnam Startup Wheel 2019 launched in HCM City
The Vietnam Startup Wheel 2019 was launched in Ho Chi Minh City on April 10, attracting entries from Thailand, the Republic of Korea, Singapore and Japan, among others.

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Action month for labour safety, hygiene to fall in May
An action month for labour safety and hygiene this year will be held in May, with the launching ceremony to be organized in Quang Nam province on May 4.

Banks forecast further improvements
A majority of credit institutions in the country said their business performance in the first quarter of 2019 was better than the same period last year, according to the State Bank of Việt Nam’s March survey released late last week.
— Viet Nam News

Vietnam, USAID look to strengthen cooperation
Minister-Chairman of the Government Office Mai Tien Dung appreciated the US Agency for International Development (USAID) increasing its support for Vietnam over the past years during a working session with the agency’s leaders in Washington DC, the US, on April 10.

CPTPP: Vietnamese exporters set for bonanza in Canadian market
Vietnamese exporters are eyeing Canada as ripe for profits thanks to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), experts said at a conference held in Ho Chi Minh City on April 10.

State Audit’s role in anti-corruption fight discussed
The State Audit is one of the direct agencies responsible for detecting and handling corruption, Deputy Auditor General Dang The Vinh said at a workshop in Hanoi on April 11.

Naval Visit Highlights Vietnam-Bangladesh Relations
The engagement spotlighted some of the efforts both sides are making to boost ties.
— The Diplomat

Government asks for drastic efforts to complete yearly targets
The Government has asked ministries, sectors, economic groups and State-owned corporations to take drastic measures to hit targets set for 2019.

150 northern cooperatives link agricultural production to sales at Big C
About 150 agricultural cooperatives in 16 Northern provinces took part in a conference on connecting agricultural production to consumption at the modern retail chain Big C.
— Viet Nam News

PM hails Japanese experts’ idea for water pollution treatment
Prime Minister Nguyen Xuan Phuc hailed the water pollution treatment idea suggested by Japanese environmental experts while receiving them in Hanoi on April 11.

Việt Nam Expo 2019 connects 500 firms
As many as 500 firms are exhibiting their products at the 29th Việt Nam International Trade Fair (Việt Nam Expo 2019), which opened at the International Exhibition Centre in Hà Nội on Wednesday.
— Viet Nam News

Policies aim to better lives of ethnic minority people in Mekong Delta
Around 100 policies and documents related to ethnic minority groups in the Mekong Delta have been implemented to develop essential infrastructure and production, reduce poverty and improve the living standards of local residents.

Workshop suggests ideas for development of textile-garment firms
Recommendations were given to Vietnamese textile-garment businesses at a workshop in Ho Chi Minh City on April 10 to help them develop strategies for sustainable development.


Feature photo Max Pixel


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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