Vietnam Morning News For July 22, 2020

Vietnam’s technology skills set ranks second in Asia Pacific
Data from the Global Skills Index 2020 report rated Vietnamese technology skills second in Asia Pacific and 22nd globally.
— VnExpress

Vietnam population might peak 10 years earlier than UN forecast: Lancet study
Vietnam’s population might peak at 107.25 million in 2044, a decade earlier than forecast by the U.N. last year, according to a recent study.
— VnExpress

China-built metro line in Vietnam falls 2 years behind schedule
Coronavirus restrictions also take toll on $900m project in Hanoi Construction of a 13 km…
— Vietnam Insider

Vietnam races ahead of China in economic growth: opportunities and challenges for Vietnam in the post-COVID- 19 period
According to World Economic Forum, Vietnam’s economic rise can be explained by three main factors: “First, it has embraced trade liberalization with gusto. Second, it has complemented external liberalization with domestic reforms through deregulation and lowering the cost of doing business.
— India Times

Will Vietnam’s new energy policy mark a turning point for coal?
As other countries pull out of Vietnam’s coal sector, Chinese banks have become the lender of last resort for struggling projects.
— Chinadialogue

Đang Tháp Province to focus on boosting tourism
Đang Tháp Province will take a number of measures to attract tourists after the Covid-19 pandemic is fully controlled, according to its People’s Committee.
— Viet Nam News

Local banks to face competition from foreign rivals
Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Việt Nam Free Trade Agreement (EVFTA) takes effect.
— Viet Nam News

Natural disasters kill 5 in northern Vietnam
Natural disasters, mainly downpours, floods and landslides, hit some northern mountainous provinces of Vietnam over the past few days, causing at least five people dead and three others injured, Vietnam News Agency reported on Tuesday.
— Xinhua

Local budget and production lose out due to tobacco smuggling
Việt Nam’s State budget has lost VNĐ8.5 trillion each year due to tobacco smuggling, experts revealed at a seminar in Hà Nội.
— Viet Nam News

Bac Giang wraps up 2020 lychee season with revenues of US$297.5 million
Bac Giang Province, a major lychee growing region in northern Vietnam, has earned revenues of VND6.9 trillion (US$297.5 million) from this particular fruit in the 2020 season. That means a 9.5% rise as compared to the previous year.
— Fresh Plaza

Vietnam boosts durian promotion and consumption in Australia
Customs clearance procedures have recently been resolved for seven tonnes of Vietnamese frozen durian into the Australian state of New South Wales, kick-starting the fruit’s journey to conquer consumers in one of the world’s most fastidious markets.
— NDO

VN unlikely to reach pepper export target this year
Việt Nam may not reach its pepper export goal for this year due to many difficulties, according to the Việt Nam Pepper Association (VPA).
— Viet Nam News

VN reports 12 new COVID-19 cases
VGP – The National Steering Committee has reported 12 new COVID-19 cases, bringing the patient tally to 396.
— VGP RSS Feed

New hope in the fight against the coronavirus
More than four months into the pandemic, there are promising developments in the two areas…
— Vietnam Insider

PM urges HCM City to disburse public investment funds
Prime Minister Nguyen Xuân Phúc has urged HCM City authorities to adopt drastic measures to accelerate public investment disbursement.
— Viet Nam News

Air pollution control to be enhanced
Air pollution in big cities such as Hà Nội and HCM City has become worse in recent years and reached alarming levels on many days, affecting people’s health.
— Viet Nam Net

PM urges stock market to rise to ’emerging’ status soon
The securities market has been successful over the past 20 years, but has to grow rapidly now to achieve emerging market status, Prime Minister Nguyen Xuân Phúc told a ceremony held to celebrate the 20th anniversary of the Vietnamese stock market at the Ho Chí Minh Stock Exchange on Monday (July 20).
— Viet Nam News

Vietnam may restart nuclear power projects
Restarting Vietnam’s nuclear power projects, which have been suspended since 2016 for economic reasons, is one.
— Vietnam Insider

FrieslandCampina begins 5-year programme to improve health, stature of children
The Ministry of Education and Training’sdepartment of primary education on July 9 signed a five-year agreement with FrieslandCampina Việt Nam for a VNĐ55 billion programme called ‘For Vietnam to Leap Forward and Reach Higher’.
— Viet Nam News

Vietnam will conduct 50 more flights to repatriate citizens abroad
From now to the end of August 2020, the aviation sector will continue working with…
— Vietnam Insider

Vietjet brings more Vietnamese citizens home safely
Vietjet expects to bring nearly 10,000 Vietnamese citizens abroad safely back home by the end of July, fully complying with entry requirements and quarantine upon arrival.
— Viet Nam News

Vietnam records 12 new COVID-19 cases, total hits 396
Twelve new cases of COVID-19 were reported in Vietnam on Tuesday morning. Binging the total…
— Vietnam Insider

Local stocks drop, industrial real estate advances on Japanese factories move
Industrial real estate stocks soared on Monday but their gains were not enough to cushion the market, overclouded by a cautious market sentiment.
— Viet Nam News

Students plant trees in southern nature reserve
Students at Vietnam USA Society English Centers (VUS) throughout the country have planted 1,370 trees on more than 3 hectares at the Bình Châu-Phước Bửu Nature Reserve in the southern province of Bà Rịa-Vũng Tàu Province.
— Viet Nam News

Cargo handled at seaports maintains growth
Cargo passing through Vietnamese ports rose by 6 per cent in the first seven months of the year, despite the COVID-19 pandemic.
— Viet Nam News

One more Russian expert confirmed infected with COVID-19 in Viet Nam
VGP – One more Russian oil expert has been confirmed contracting COVID-19 in Viet Nam, raising the patient tally to 384, the National Steering Committee reported Monday afternoon.
— VGP Ministerial Activities

Untreated solid waste illegally buried and burned
On July 10, police caught workers of Shing Mark Vina Ltd Company carrying more than 3 tonnes of industrial solid waste to a burning kiln in the factory.
— Viet Nam Net

Rains and rainstorms will spread in the northern region soon
The long heat wave in the northern region will end on July 20 as rains…
— Vietnam Insider

AIIB approves $100-million loan to VPBank
Small and medium enterprises are the backbone of the economy and by injecting liquidity into the market, we can help this critical sector as part of the overall economic recovery in Vietnam, said AIIB Vice President, Investment Operations, D.J. Pandian.
— Viet Nam News

Vietnam will operate four flights to repatriate stranded Americans to the U.S
Vietnam Airlines will operate four flights from Hanoi to the U.S. in the coming weeks…
— Vietnam Insider

Kon Tum Province eyes sustainable development of macadamia farming
As an ideal location for tropical trees that require high humidity, the Central Highlands province of Kon Tum plans to cultivate macadamia trees on 1000ha by 2025, according to the its Department of Agriculture and Rural Development.
— Viet Nam News

Insider view of M&A in Vietnam
Mergers and acquisitions are useful tools in facilitating corporations in deploying their business in Vietnam….
— Vietnam Insider

VN-Index tipped to approach 900 points by the end of this year
COVID-19 is still the decisive factor influencing the stock market.
— Viet Nam News

VN lacks mechanisms for private investment in renewable energy
Many private enterprises said they want to invest in building renewable energy infrastructure, but Việt Nam still lacks mechanisms to encourage private enterprises to participate in this activity.
— Viet Nam News

Việt Nam vows to partner with Korean firms to overcome hardships: Minister
Vietnam has pledged to work closely with other countries, including the Republic of Korea (RoK), to overcome difficulties amid the COVID-19 pandemic.
— Viet Nam News

Korean ice cream exports to Việt Nam surge
Outbound shipments of ice cream to Việt Nam reached US$7 million in 2019, rising sharply from $5.3 million in 2018, according to KOTRA, adding that South Korea took up 35.6 per cent of Việt Nam’s ice cream imports last year.
— Viet Nam News

Stock market considered as launching pad for many businesses over last two decades
VGP – Prime Minister Nguyen Xuan Phuc attended a ceremony marking the 20th anniversary of Viet Nam’s stock market and the Ho Chi Minh City Stock Exchange (HoSE) in Ho Chi Minh City on July 20.
— VGP Government in Action

Japan helps 15 companies move factories to Việt Nam
Fifteen out of more than 80 Japanese enterprises received support from the government to move factories to Việt Nam.
— Viet Nam News

Feature photo Vietnam News Agency
This week’s Vietnam morning news feature photo focus on Mango Day, July 22.

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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