Vietnam Morning News For April 10, 2020

Vietnam confirms four new Covid-19 cases
Four new Covid-19 cases, three of them having contact with other patients, have taken Vietnam’s tally to 255 as of Thursday evening.
— VnExpress

Vietnam can produce 5.72 million surgical masks a day – government
The Vietnamese government said on Thursday the Southeast Asian country can produce 5.72 million surgical masks a day to help fight the coronavirus pandemic.
— Yahoo News

Vietnam approves $7.6 bln tax holiday to help virus-hit businesses
Vietnam has approved a plan to delay the collection of 180 trillion dong ($7.6 billion) worth of taxes and land rent to help businesses hit by the new coronavirus, which has infected 251 people in the country, the government said on Thursday.
— National Post

Techbond says new Vietnam factory operations commencement delayed due to COVID-19
Techbond Group Bhd said the commencement of operations at its new Vietnam factory has been postponed, as the Covid-19 outbreak has resulted in the delay of the issuance of certifications by the Vietnamese authorities.
— The Edge Markets

UK driver Maurice Robinson pleads guilty to manslaughter of 39 found dead in truck
A truck driver accused in the deaths of 39 Vietnamese migrants whose bodies were found inside a refrigerated container that had been hauled to England pleaded guilty to manslaughter Wednesday.
— News.com.au

Coronavirus: short-term blow, long-term opportunity for Vietnam
Vietnam has been comparatively successful in containing the coronavirus’s spread thus far. Though a reliance on the globalised tourism and manufacturing sectors means it will take a sizeable economic hit regardless, its economy looks poised to benefit longer term, in a continuation of trends sparked by neighbour China’s trade war with the US.
— City wire

Vietnam: Red fleshed dragon fruits are Australian favorites
From April 2 to 8 April, a promotional week of Vietnam’s red flesh dragon fruit has been held in the three most crowded states in Australia, New South Wales, Victoria and Western Australia.
— Fresh Plaza

Vietnam May Extend Social Distancing Order If Outbreaks Occur
Vietnam’s 15-day social distancing order that requires people to mostly stay at home may be extended beyond April 15 if new novel coronavirus outbreaks occur, according to a post on the government’s website, which cited Mai Tien Dung, head of the government office.
— Bloomberg

Deserted beaches show coronavirus hit to Vietnam’s tourism sector
A handful of lifeguards patrolled the main beach of Vietnamese resort city of Da Nang, but not a single sun worshipper.
— Nikkei Asian Review

Vietnam’s Exemplary Response To COVID-19
As of the morning of 9 April, Vietnam has reported 251 confirmed cases of the new coronavirus with over 120 recoveries.
— The Asean post

President Trump thanks Vietnam for Covid-19 protective suits
U.S. President Donald Trump expressed his gratitude to Vietnam Thursday for sending 450,000 protective suits to help frontline healthcare professionals fight the Covid-19 pandemic.
— VnExpress

Vietnamese startup that co-invests in homes secures funds for regional expansion
Southeast Asia remains to be one of the fastest-growing real estate markets in the world. But with rapidly increasing prices, a high appetite for home ownership, and a lack of financing options, the home ownership crisis in the region stays real.
— Tech In Asia

Vietnam’s Doosan Vina supplies equipment for desal plant in Bahrain
The company shipped three equipment weighing 1,850.7 t used in the process of filtering seawater to Bapco MED in Bahrain.
— Construction Week Online

Airport, railway operators suffer as Covid-19 applies transportation brakes
Vietnam’s airport and railway operators have respectively seen a 24 percent profit drop and a $4 million loss as Covid-19 puts the breaks on transportation.
— VnExpress

Wood processing firms hit hard by COVID-19 crisis
Vietnamese wood processing firms have reduced production or suspended operations as most of the major importing countries for their products face hardships because of the COVID-19 pandemic.
— Viet Nam News

How the Vietnam draft actually worked
Winning the lottery has likely never crossed your mind to be anything short of a celebration of newfound riches. Yet, for American men born before 1958, finding your number selected at random on television didn’t generally translate to wealth.
— Wearethemighty

New tariff scheme approved to encourage solar development
The Government has officially decided to approve a new feed-in-tariff mechanism to encourage development of solar power in Việt Nam.
— Viet Nam News

Hà Nội condominium market sputters: CBRE
New launch supply in the quarter was limited at about 1,600 units, down 86 per cent year-on-year.
— Viet Nam News

PM approves decree on postponement of tax and land use fee payments
Prime Minister Nguyen Xuân Phúc on Wednesday approved Decree No 41/2020/NĐ-CP about the extension of deadlines for tax and land use fee payments to support businesses suffering from the COVID-19 pandemic.
— Viet Nam News

In a war, we draw’: Vietnam’s artists join fight against Covid-19
Despite a border with China, nation has kept confirmed cases low through quarantining, contact tracing, testing – and propaganda.
— The Guardian

Cashew export tipped to recover strongly after pandemic
Cashew exports are expected to surge in the latter half of the year once the COVID-19 pandemic dies down.
— Viet Nam News

Vietnam arrests former CEO of PetroVietnam Oil Corp for ‘abusing power’
Vietnam has arrested a former senior executive of a state-owned oil company for “abusing power to appropriate property”, the government said on Thursday.
— Yahoo New

Shares rebound on increasing demand but worries remain
The benchmark VN-Index on the Ho” Chí Minh Stock Exchange inched up 0.18 per cent to end the trading session at 748.02 points.
— Viet Nam News

Measures needed for Vietnam’s post-pandemic real estate market recovery
The Covid-19 pandemic has upended economies worldwide. Vietnam, for one, must take urgent measures to handle this period of instability.
— Edge Prop

Vietnamese red dragon fruit sent to Australia
Due to the COVID-19 pandemic and the restriction orders on movement, all marketing and distribution activities faced many difficulties.
— Viet Nam News

Disburse Long Thanh Airport funds within the year: PM
Prime Minister Nguyen Xuan Phuc has asked Dong Nai Province to disburse VND17 trillion ($720 million) for the Long Thanh Airport project by the end of this year.
— VnExpress

Record number of businesses stop operations in Q1
According to a VCCI survey, the COVID-19 pandemic was the main reason for the closures.
— Viet Nam News

HCM City shop owners desperate to sell as tenants’ business hit by pandemic, quit
Lack of business due to the COVID-19 pandemic and continuing pressure from interest on bank loans are forcing many shop owners in HCM City into a sell-off.
— Viet Nam News

Fitch revises outlook on Việt Nam to Stable; affirms at ‘BB’
Fitch Ratings has revised the outlook on Việt Nam’s long-term foreign-currency issuer default rating (IDR) to stable, from positive, and has affirmed the rating at ‘BB’.
— Viet Nam News

Apartment online markets thrive as residents shop indoors
Online markets within apartment buildings are booming during the social distancing period, as more and more people are staying indoors and buying goods from their neighbours.
— Viet Nam News

Providers speed up Internet as pandemic confines people at home, spurs demand
Internet service providers in Vietnam have increased bandwidths for free amid rising demand as more people stay home amid the Covid-19 pandemic.
— VnExpress

Shares ease on mounting global coronavirus infections and fatalities
Vietnamese shares pulled back on Wednesday morning after two sessions of sharp gains as investors fretted over uncertainty surrounding the COVID-19 pandemic.
— Viet Nam News

COVID-19 pushes banks to lower deposit rates
Many banks have cut their deposit interest rates significantly this month due to a credit growth slowdown in the wake of the pandemic.
— Viet Nam News

Vietnam’s plastic import volume rises in Q1
Vietnam imported over 1.5 million tons of plastic worth more than 2 billion U.S. dollars in the first quarter of this year, posting a year-on-year increase of 4.7 percent in volume and decrease of 6.1 percent in value, according to its Ministry of Industry and Trade on Thursday.
— Xinhua

FPT to pay cash dividend for 2020 at rate of 20%
FPT Corporation will pay a cash dividend for 2020 at a rate of 20 per cent, the corporation announced at the annual shareholders meeting on Wednesday.
— Viet Nam News

Fund for tourism development launched in Đà Nẵng
The non-profit fund aims to help create a closer link among tourism businesses from both home and aboard and facilitate tourism promotions, especially as the city’s hospitality sector has been significantly affected by the COVID-19 pandemic.
— Viet Nam News

Nearly 35,000 enterprises withdraw from market in Vietnam in Q1: survey
A recent survey conducted by the Vietnam Chamber of Commerce and Industry (VCCI) showed that nearly 35,000 enterprises in Vietnam have withdrawn from the market in the first three months of this year, mostly due to the COVID-19 outbreak, the highest level recorded ever, Vietnam News Agency reported Thursday.
— China.org

Supply chains in Vietnam disrupted by COVID-19
Eighty-three percent of companies in the physical value chain in Vietnam have been suffering from supply issues over the past two months due to the impact of the COVID-19 pandemic, a recent survey by CEL Vietnam, a supply chain consulting and training firm, has found.
— VietnamPlus

COVID-19 pandemic brings crisis and opportunity: experts
The global COVID-19 pandemic is damaging economies the world over, but it could also be an opportunity for Vietnamese agricultural businesses.
— Viet Nam News

Supply chains in Việt Nam disrupted by COVID-19
More than 80 per cent of companies in the physical value chain in Việt Nam have been suffering from supply issues over the past two months due to the impact of the Covid-19 pandemic.
— Viet Nam News

Garment 10 to produce medical face masks, first export order worth US$52m
Garment 10 Corporation Joint Stock Company was investing in producing medical face masks as well as cloth masks with ten production lines being installed
— Viet Nam News

Feature photo Công đoàn Việt Nam
This week’s Vietnam morning news feature photo focus on COVID-19 in Asean.

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).

—

About Vietnam morning news.

Vietnam morning news roundup is the most comprehensive hand-curated selection of Vietnam English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Vietnam English language news today.

We filter our the dull, the boring, the repetitive, and the click-bait and package all of the Vietnam daily news that you need to know to start your day into an easy to read, time saving format of Vietnam news headlines and first paragraphs before 7.30am Ha Noi time.

We clearly identify the source of all the Vietnam news headlines, whether it is behind a paywall, a media release, or whether the news site uses annoying pop-up advertising or auto-play video, in case those things annoy you too. If a website uses particularly invasive pop-up adverts, we’ll tell you.

This enables you to make an informed choice of whether you want to learn more by clicking directly through to the original Vietnam news article, or keep on reading the remaining Vietnam daily news headlines.

Click here to get your Vietnam English language news today by email before 8am Ha Noi time daily. Remember to watch out for the confirmation email from us to confirm your subscription. Check your trash folder if you do not see it.

For more immediate updates download the AEC News Today Mobile App from the Apple or Google stores, or follow us on Twitter.

#Independentmedia

Governance, not government; policies not politics.