Vietnam morning news for July 10

Vietnam morning news for July 10
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Vietnam morning newsVietnam is seeking a return to nuclear power
A draft power plan by the Ministry of Industry and Trade envisages building nuclear power plants with a capacity of 1,000 MW by 2040 and 5,000 MW by 2045.
— Vietnam Insider

Vietnam 2020 economic growth seen at 3%-4%: government economic advisors
Vietnam’s economic growth is seen slowing down to 3%-4% this year from an expansion of 7.02% last year due to wider impacts of the coronavirus pandemic, a group of government economic advisors said on Thursday.
— The Chronicle Herald

Vietnamese Health Ministry promotes online public services
The ministry has reached its target for providing online public services five years earlier than the initial schedule.
— OpenGovAsia

Vietnam improves real estate market transparency ranking
Vietnam has moved up five places to rank 56th out of 99 economies in this year’s real estate transparency index.
— VnExpress

Telecommunications services help fight COVID-19 in Vietnam
The government will help localities nationwide build telecom infrastructure plans to increase the rate of passive telecom infrastructure sharing to 17-20%.
— OpenGovAsia

Philippines: Banana exporters may lose Chinese market to Vietnam
Philippines, one of the most badly hit countries by COVID-19 pandemic across Asia, may see a decline in banana exports moving forward. Some blame the government, saying it failed to contain the deadly and highly contagious virus.
— Fresh Plaza

Vietnam’s new PPP law will boost infrastructure, says Fitch
A new law on public-private partnerships (PPPs) in Vietnam will boost infrastructure development there, says analyst Fitch Solutions Country Risk & Industry Research.
— Global Construction Review

Hà Nội condominium market has recovery of sales in Q2
The new launch of condominiums in the second quarter of this year (Q2) nearly tripled that of the previous quarter, showing recovery of sales activities, according to CBRE Việt Nam’s quarterly report on the Hà Nội market released on Tuesday at an online press conference.
— Viet Nam News

Việt Nam shrimp exports to surge as demand increases
Việt Nam’s shrimp industry expects to increase exports this year end because of a rise in demand, according to the Việt Nam Association Seafood Exporters and Producers (VASEP).
— Viet Nam News

Vietnam’s Success in Containing COVID-19 Offers Roadmap for Other Developing Countries
While its economy has suffered a significant blow due to weakened demand and reduced trade, the effective containment strategy should allow for a quicker rebound.
— IMF

Vietnam’s fruit exports surge in certain markets
In a national announcement by Immigration Minister Iain Lees-Galloway, he stated that Hawke’s Bay’s Recognised Seasonal Employers and migrant seasonal workers will now be able to continue working and supporting themselves with more flexible hours and roles.
— Fresh Plaza

Việt Nam’s labour export market expected to recover soon
Việt Nam’s labour export activities are showing signs of recovery from COVID-19.
— Viet Nam News

Over 60 cases of diphtheria recorded in Vietnam
A medical officer checks a child’s body temperature in a village in Dak Lak province, Vietnam, July 8, 2020. Over 60 cases of diphtheria have been recorded in Vietnam with at least three deaths as of Tuesday, according to the country’s Ministry of Health.
— Xinhua

Sóc Trăng exports jump 26% despite pandemic
The Cửu Long (Mekong) Delta province of Sóc Trăng’s exports in the first six months of the year increased by 26 per cent year-on-year to US$470 million.
— Viet Nam News

Nikko expands in Vietnam
The Hotel Nikko Hai Phong will open 1 August, under the management of Nikko Hotels International, one of three hotel groups owned by Okura Nikko Hotels.
— TTR Weekly

Most investment funds in VN suffer losses in the first half
Most investment funds in Việt Nam’s equity market reported negative growth in net asset value per share (NAVPS) in H1 due to a stock market downturn, resulting from the impacts of the outbreak of COVID-19.
— Viet Nam News

E-commerce in Vietnam strongly pushed during COVID-19
It not only has changed consumers’ behaviors, but also forced traditional retailers and manufacturers to go online.
— Vietnam Insider

Securities, consumer staples boost local market
The benchmark VN-Index on the Ho Chí Minh Stock Exchange inched up 0.13 per cent to end at 864.5 points, extending its rally to a fourth day with total growth of 2.63 per cent since last Friday.
— Viet Nam News

BSR asks for tax exemptions to overcome difficulties
Việt Nam’s largest refining and petrochemical firm, Bình Sơn Refining and Petrochemical JSC (BSR), asked for tax exemptions to overcome current and future difficulties in the oil industry.
— Viet Nam News

Ha Long tour boats at risk of bankruptcy as customers drop sharply
Many tour boats in Ha Long Bay may have to close and go bankrupt, said Chairman of Quang Ninh People Committee Nguyen Van Thang at a meeting session with the provincial people’s council.
— Vietnam Insider

First Việt Nam-Japan teleconference on support industries opens
Some Vietnamese support enterprises in fields of molds manufacturing, standard mechanical components, plastic components and technical rubber are suitable for production needs of many Japanese firms.
— Viet Nam News

HoSE approves listing of Đức Giang Chemical
Đức Giang Chemical Group, formerly known as Đức Giang Chemical Company, is a State-owned enterprise under the Việt Nam General Department of Chemicals, established in 1963.
— Viet Nam News

Meet the 15 startups graduated from Endeavor Malaysia’s scale-up programme
Endeavor Malaysia has unveiled the 15 companies that have graduated from its inaugural programme ScaleUp Endeavor. Within a span of 12 months, these 15 companies underwent a total of 177 mentoring hours, five workshops and eight crisis-related webinars. Here are the 15 companies supported by ScaleUp Endeavor: AdEasy, an online marketplace for offline ad …
— e27

Tea businesses need restructuring to add value
The Government should build corporations with financial resources to help the domestic tea industry add value, branding and sales, said Chairman of Vietnam Tea Association Nguyen Hữu Tài.
— Viet Nam News

Car sales rocket after registration fee cut
Prime Minister Nguyen Xuân Phúc decided to cut 50 per cent of registration fees for locally-manufactured and assembled cars till the end of this year.
— Viet Nam News

Foreign company proposes to be allowed to buy social housing units for workers
Hon Hai Technology Group (Foxconn) has proposed the Government to allow enterprises in industrial zones (IZs) to purchase or lease-purchase social housing units for their workers.
— Viet Nam News

Vietnam, US cooperate in search for soldiers missing during wartime
The Vietnam Office for Seeking Missing Persons (VNOSMP) and the United States Agency for International Development (USAID) have signed a Memorandum of Intent (MOI) on cooperation in improving the capacity and providing technical assistance for identification of remains of soldiers missing during wartime.
— VietnamPlus

Petrolimex sells 15 million treasury shares, earning $29 million
After the sale, carried out from June 16 to July 2, Petrolimex has reduced the number of treasury shares from more than 103 million to some 88 million shares.
— Viet Nam News

Thailand’s investor in talks to buy Vietnam solar farms
The company expects to conclude a deal in the fourth quarter for at least two farms, with a combined capacity of 50-100 megawatts.
— Vietnam Insider

Việt Nam pivots to circular economy
Several business models in Việt Nam are heading towards the circular economy based on the principles of eliminating waste and recycling resources.
— Viet Nam News

Vietnam reported 1,509 fires and explosions in the first six months
A fire in Vietnam’s southern Binh Duong province has killed three people on Wednesday, Vietnam News Agency reported.
— Vietnam Insider

RCEP to send strong signal on ASEAN’s commitment in promoting trade
Vietnam News Agency speaks to Iman Pambagyo, Director General of International Trade Negotiations at the Trade Ministry of the Republic of Indonesia and Chief of the RCEP Trade Negotiating Committee of ASEAN, about the Regional Comprehensive Economic Partnership (RCEP).
— Viet Nam News

Sơn La to export $9 million of longan
The northwestern mountainous province of Sơn La is expected to export US$9 million of longan products this year.
— Viet Nam News

Facebook: Vietnam’s Fickle Partner-in-Crime
Vietnam’s government has been able to co-opt Facebook to act in its own interests – for now.
— The Diplomat

Việt Nam to increase rice exports to EU under EVFTA
Rice quotas for Việt Nam under the EVFTA are expected to push Việt Nam’s rice exports up from the second half of this year, according to the Ministry of Industry and Trade (MoIT).
— Viet Nam News

Customs watchdog to focus on origin frauds, illegal transhipment
Nguyen Tiến Lộc, Director of the General Department of Customs’s Post-Clearance Inspection Department, made the statement at a conference about the fight against origin fraud on Monday in Hà Nội.
— Viet Nam News

Shares of husbandry companies soar on rising profits
Authorities have been increasing imports to contain prices, and even allowed for the first time imports of live pigs to cater to people’s preference for fresh meat over frozen meat.
— Viet Nam News

 

 

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This week’s Vietnam morning news feature photo focus on COVID-19 prevention.

 

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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.

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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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