Vietnam Morning News For April 2

VN seeks to improve logistics, eyes climb in World Bank ranking
The Ministry of Industry and Trade has announced a plan to improve the performance of the logistics sector to improve the country’s business climate.
— Bizhub

VN companies urged to go to Southeast Asian markets
VIETNAMESE companies should further invest in and trade with Asean member countries like Myanmar, Thailand, Laos, and Cambodia, a forum heard in Ho Chi Minh City on Thursday.
— The Phnom Penh post

Government urged to help Vietnamese banks lure foreign capital
The Government should help Vietnamese banks lure capital and experience from prestigious foreign banks so as to help local firms develop sustainably, experts said.
— Vietnam Insider

HCM City begins work to become southern logistics hub
The HCM City Department of Industry and Trade has reported to the city government that it is appraising tenders from contractors to develop logistics facilities and turn the city into a logistics hub for Southern Viet Nam.
— Bizhub

Gov’t urged to help local banks lure foreign capital
The Government should help Vietnamese banks lure capital and experience from prestigious foreign banks so as to help local firms develop sustainably, experts said.
— Viet Nam News

Fisheries sector required to continue improving product quality
Deputy Prime Minister Trinh Dinh Dung has urged the fisheries sector to build a safe and high-quality seafood brand, continue increasing the quality of products, maintain traditional markets and develop new ones.
— VNA NET

Vietjet offers 1.1 million super saving tickets to mark new routes from Can Tho
Low-cost carrier Vietjet Air will offer 1.1 million super saving tickets priced only from 0 VND on three golden days from April 3 to April 5 on the occasion of its opening five new routes from the Mekong Delta city of Can Tho.
— VNA NET

Vietnam cracks down on drugstores selling without prescriptions
Thousands of pharmacies might lose their licenses for failing to comply with new regulation on controlling medicine sales.
— VnExpress

Vietjet unveils huge promotion, offers free tickets
These discounted tickets which will avail from noon to 2pm from Wednesday to Friday will be applied for the airline’s all domestic routes. Flying time is from June 4 to December 31.
— Viet Nam News

Projects to upgrade Cat Bi airport accelerated
The Airport Corporation of Vietnam (ACV) has accelerated the investment of key projects totalling about 3.6 trillion VND (155.23 million USD) at the Cat Bi International Airport in the northern port city of Hai Phong, according to the corporation.
— VNA NET

HDBank announces 2018 results, profits up 66 per cent
The HCM City Development Joint Stock Commercial Bank, or HDBank, has announced its audited financial report for 2018 with impressive numbers.
— Viet Nam News

VN mattress market set for strong expansion: experts
Vi?t Nam’s strong economic growth and rapid increase in per capita income has driven demand for a better quality of life, thus the development of the interiors market, including for mattresses, according to experts.
— Viet Nam News

HCM City begins work to become southern logistics hub
The HCM City Department of Industry and Trade has reported to the city government that it is receiving tenders from contractors to develop logistics facilities and turn the city into a logistics hub for Southern Vi?t Nam.
— Viet Nam News

HD Bank offers low-interest loans to individual, micro businesses
The HCM City Development Joint Stock Commercial Bank (HDBank) will continue to offer loans at 6.3 per cent to individual and micro businesses in manufacturing and agriculture.
— Viet Nam News

Vietnam takes all measures to protect citizens: spokesperson
The Vietnamese Government, Foreign Ministry, relevant agencies, and Vietnam Bar Federation have implemented citizen protection measures to protect the legitimate rights and interests of Vietnamese national Doan Thi Huong in her trial in Malaysia, the spokesperson of the Foreign Ministry Le Thi Thu Hang said.
— VNA NET

Steel producer Hòa Phát targets US$3 billion revenue
Hòa Phát Group (HPG) targeted a revenue of VNÐ70 trillion (US$3 billion) and after-tax profit of VNÐ6.7 trillion in 2019.
— Viet Nam News

VinaCapital invests in tourism project in Binh Dinh province
Investment group VinaCapital has injected over 1.1 trillion VND (47.4 million USD) into a project at the Nhon Ly – Cat Tien marine tourism area in Phu Cat district, central Binh Dinh province.
— VNA NET

100 firms take part in International Trade Fair of Northwest Region
On display at the fair, running until Friday, are manufacturing-mechanical products, machines, industrial and agricultural equipment, office equipment, and handicrafts.
— Viet Nam News

Credit growth rate estimated at 2.28 percent in Q1
As of March 25, the M2 money supply had risen 2.67 percent, while credit to the economy had grown by some 2.28 percent compared to the end of 2018, according to the State Bank of Vietnam (SBV).
— VietnamPlus

Can Tho’s export revenue grows 13 percent in Q1
The Mekong Delta city of Can Tho exported 447.8 million USD worth of goods in the first three months of 2019, up 13.32 percent year on year, according to the municipal Department of Industry and Trade.
— VNA NET

Convenience stores have strong development in the future
Convenience stores with many advantages are expected to dominate the local retail market, according to experts.
— Bizhub

Asia remains biggest import-export payment market of Agribank
Asian countries, including China, Singapore, the Republic of Korea, Japan, India and Thailand, are the largest market for import-export payment services of the Vietnam Bank for Agriculture and Rural Development (Agribank).
— VietnamPlus

Kim Jong Nam trial: Vietnam woman accepts new charge, to walk free in May
KUALA LUMPUR: A Vietnamese woman accused of assassinating the North Korean leader’s half-brother will walk free in May after pleading guilty to a lesser charge, her lawyer said.
— Channel NewsAsia

More Vietnamese interested in DPRK tour
More Vietnamese people become interested in tours to the Democratic People’s Republic of Korea (DPRK).
— VNA NET

Vietnam’s capital Hanoi ranks 15th on list of 25 from Tripadvisors best world destinations
Vietnam’s capital Hanoi has been listed among the top 25 destinations in the world in the annual Travelers’ Choice Awards from TripAdvisor.
— Vietnam Insider

NA leader meets organisers of Vietnam Global Leaders Forum in Paris
National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan on March 31 met organisers of the Vietnam Global Leaders Forum (VLGF) as part of her ongoing visit to France.
— VNA NET

Vietnamese researchers repurpose plastic waste with world’s first PET aerogel
Aerogel, an ultralight and versatile material, made for the first time from discarded plastic bottles, might contribute to tackling the global plastic scourge.
— Viet Nam News

VN mattress market set for strong expansion: experts
Viet Nam’s strong economic growth and rapid increase in per capita income has driven demand for a better quality of life, thus the development of the interiors market, including for mattresses, according to experts.
— Bizhub

Convenience stores have strong development in the future
Convenience stores with many advantages are expected to dominate the local retail market, according to experts.
— Viet Nam News

National population, housing census kicks off
The General Statistics Office (GSO) began a national population and housing census on April 1 to evaluate national targets and indicators of sustainable development.
— VNA NET

Feature photo Mekong Commons

This week’s Vietnam morning news photo features International Mine Awareness Day, April 4.

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.