Vietnam Morning News For February 17, 2020

VN banks more open for EU investors under newly-approved trade pact
Investors from the EU will have opportunities to own higher stakes in Vietnamese banks than those from other countries under Việt Nam’s commitments in the EU-Việt Nam Free Trade Agreement (EVFTA).
— Viet Nam News

Vietnam Turns to Private Companies for Public Services Needs
Last year companies like Coca Cola and Tetra Pak, an international food packaging and processing company, collaborated with Vietnam’s biggest city to lower garbage levels. Their work included putting recycling bins around Ho Chi Minh City and investing in the waste management system.
— VOA

Vietnam to use more coal, oil in 2020 to power growth: government
Vietnam will generate more electricity from coal and oil this year to compensate for an expected drop in output from hydropower plants because of a lack of rain, the government said on Friday.
— Hellenic Shipping News

Vietnam slips out of top 10 logistics ranking
Vietnam has slipped one place to 11th in this year’s global index of emerging logistics markets, falling behind several Southeast Asian peers.
— VnExpress

Vietnam Denies Cruise Ships Post Entry Due to Coronavirus
Vietnam has denied two cruise ships permission to dock due to fears of Covid19 coronavirus infections on board. Vietnamese state media and a cruise operator reported on Friday.
— Chiang Rai Times

Vietnam tightens control on at-risk people under Prime Minister’s instruction
While there has been mounting cases from the new strain of acute respiratory disease Covid-19, some people who have left the isolation place on their own choice causing public concern, PM Nguyen Xuan Phuc yesterday sent an instruction requiring the competent ministries to keep close eyes on isolation of at-risk people according to the Ministry of Health.
— Sggp News

EU-Vietnam Investment Protection Agreement goes through Czech lower house
The Chamber of Deputies (Lower House) of the Parliament of the Czech Republic has passed a resolution supporting some international agreements, including the EU-Vietnam Investment Protection Agreement (EVIPA), according to public broadcaster Česká Televise.
— VietnamPlus

Malaysia wants agreement with Vietnam to address encroachment of foreign fishermen
Malaysia intends to enter into an agreement with the Vietnamese government to overcome encroachment of deep sea fishermen from the republic into the country’s territorial waters, said Foreign Minister Datuk Saifuddin Abdullah.
— The Borneo Post

New Strategy to Help Vietnam Scale Up and Better Utilize Solar Power
A report based on two years of World Bank support to the Government of Vietnam recommends new approaches to bidding and deployment for solar projects that will help Vietnam substantially boost and effectively manage its abundant solar energy
— Modern Diplomacy

Thailand welcomes cruise ship shunned in Vietnam over virus fears
German cruise ship AIDAvita has been welcomed in Thailand, days after it was blocked from docking in Vietnam due to fears of the COVID-19 coronavirus spreading across the region.
— The Thaiger

Will Vietnam’s Conflict on Corruption Warmth up in 2020? – The Diplomat
On December 30, 2019, the ruling Communist Birthday party of Vietnam (CPV) Normal Secretary and State President Nguyen Phu Trong emphasised that anti-corruption efforts would proceed in 2020.
— Daily Research Plot

China, Vietnam work to bring back travelers
Sitting by a boarding gate at Noi Bai International Airport in the Vietnamese capital of Hanoi on Saturday afternoon, Chi Yanni was waiting for a plane that could finally bring her and her son back home.
— Manila Times

F1 Vietnam racetrack named after Hanoi
The racetrack of the Formula One Vietnamese Grand Prix scheduled for early April has been named after Vietnam’s capital city of Hanoi, Vietnam News Agency reported Saturday (Feb 15).
— The Star Online

Landmines: America’s Secret Weapon in Vietnam
During the Vietnam War the land mine was responsible for large numbers of casualties among both military and civilian personnel.
— Yahoo News

Vietnam takes pot-shot at World Cup
After a career that began in instant noodles, Vietnam’s richest man knows all about long shots, and now he’s taking another: trying to get the football-mad country’s national team to their first World Cup.
— The News

Seafood exports plummet
Seafood exports in January fell 25 percent year-on-year and are set to continue falling due to the novel coronavirus outbreak.
— VnExpress

Two new ride-hailing apps prepare Vietnam launch
Local startups Unicar and ZuumViet are preparing to launch ride-hailing apps alongside delivery and other logistics.
— VnExpress

Former Grab leader appointed CEO of VinID
Former CEO of Grab Financial Group Vietnam, Nguyen Tuan Anh, is the new general director of Vingroup’s loyalty program VinID.
— VnExpress

Vietnamese LGBT-themed movie to premiere in Taiwan
“Thua Me Con Di” (Goodbye Mother), a bittersweet gay-themed Vietnamese movie, will premiere in cinemas across Taiwan on March 14.
— VnExpress

Enterprises stii need more workers after Tet
Enterprises in HCM City, Binh Duong and Dong Nai complain that they have not been able to recruit workers since Tet.
— VietnamNet

Former Substitute Teacher Accused of Traveling to Vietnam for Sex Tourism Involving Minors
Federal prosecutors in San Francisco announced Friday that the indictment of a 64-year-old man who allegedly traveled to Vietnam multiple times in order to have sex with boys as young as 11 or 12 years old.
— Nbcbayarea

Vietnam, Malaysia step up cooperation in fight against crime
Malaysian King Abdullah Sultan Ahmad Shah on Thursday suggested Vietnam and Malaysia step up bilateral cooperation in various spheres, especially in the fight against transnational crime.
— Eleven Myanmar

Vietnam fares poorly in online child safety ranking
Vietnam has performed badly in cyber risk and social infrastructure rating in an index compiled by DQ Institute, a U.S.-based non-profit.
— VnExpress

Vietnam must maintain high vigilance against novel coronavirus epidemic: officials
Deputy PM Vu Duc Dam says Vietnam has tackled the Covid-19 epidemic well, but has to step up vigilance given its “complicated development.”
— VnExpress

Vietnam: Long An province exports 50 tons of dragon fruit a day by sea
The Dragon Fruit Association in Southern Vietnam’s Long An province exports 50 tons of dragon fruit a day on average to China and other Southeast Asian nations by sea as export by road has faced lots of difficulties due to the ongoing Covid-19 epidemic, said chairman of the association Nguyen Quoc Trinh yesterday.
— Fresh Plaza

Vietnam detains 12 people in killer cop probe
Saigon police have detained 12 people over their suspected involvement with a cop who shot dead five people last month.
— VnExpress

Tax credit can be used to hire Vietnam veterans
Roderick Royal from the U.S. Department of Labor Career Center in Birmingham told the East Walker Chamber of Commerce on Tuesday that a tax credit is available for hiring Vietnam era veterans.
— Mountain Eagle

Vietnam, Brunei boost cooperation in combating crimes
The security forces of Vietnam and Brunei have agreed to bolster comprehensive collaboration, particularly in the fight against traditional and non-traditional crimes.
— NDO

Vietnam to woo Taiwanese tourists due to drop in Chinese visitors
Vietnam will speed up plans to diversify its tourism industry by attracting visitors from Taiwan, among other countries, to mitigate the impact of a drop in Chinese visitors due to the coronavirus outbreak.
— Taiwan News

Two new ride-hailing apps prepare Vietnam launch
Local startups Unicar and ZuumViet are preparing to launch ride-hailing apps alongside delivery and other logistics.
— VnExpress

Businesses to consider solutions for supply chain
As air and road supply of raw material from China is cut off due to the rampaging nCoV virus, most Vietnam-based companies have to rethink their strategy in face of the impending hindered factory operation.
— Sggp News

Firms on edge of delisting after losses
An Giang Fisheries Import Export JSC will start trading shares on the Unlisted Public Company Market (UPCoM) after being delisted from the stock market.
— Viet Nam News

EVFTA brings chances and challenges to local agricultural production
The new trade agreement between Việt Nam and the European Union opens many doors for agriculture, according to experts.
— Viet Nam News

SSI Securities issues 15 million covered warrants
SSI Securities Corporation (SSI) on Friday issued an additional 15 million covered warrants for five common stocks.
— Viet Nam News

HCM City aids manufacturing to remain on growth track
HCM City is providing assistance to the manufacturing sector to sustain industrial growth.
— Viet Nam News

FPT aims to increase profit by 18%
FPT Corporation plans to earn VNĐ32.45 trillion this year (US$1.4 billion), with profit before tax of VNĐ5.5 trillion.
— Viet Nam News

Property industry business group calls on HCM City to ease developers’ pain
The HCM City real estate market is facing several problems like multiple agencies having overlapping functions and other administrative bottlenecks, high land-use fees and suspension of all build-transfer projects, according to the HCM City Real Estate Association (HoREA).
— Viet Nam News

Tiki among top brands in all categories in YouGov BrandIndex
Tiki is the only e-commerce platform to be among top brands in all three categories of YouGov in 2019: Top Advocacy, Top Index and Top Recommend.
— Viet Nam News

Shares subdued as market shakes
Weak support of banking stocks could not rescue shares from falling on Friday, causing the VN-Index to struggle during the session.
— Viet Nam News

Mekong Delta sets up public tap water faucets as saline intrusion peaks
The Cửu Long (Mekong) Delta is taking steps to ensure sufficient fresh water supply for household use and agricultural production in areas affected by saltwater intrusion and drought.
— Viet Nam Net

Feature photo Global Partnership for Education/ World Bank

This week’s Vietnam morning news feature photo focus on International Mother Language Day, February 21.

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).

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