Vietnam morning news for March 12

Vietnam morning news for March 12

Vietnam morning news

Vietnam’s COVID-19 cases up to 35 after new infections from Europe
Weeks after Vietnam declared that all 16 of its COVID-19 cases had recovered, the number of infected patients is on the rise following the reintroduction of the virus on a flight from Britain.
— Channel NewsAsia

Cement producers in Vietnam face multiple problems
Cement producers in Vietnam are facing a double challenge with domestic demand falling due to a slowdown in the property market and delays in transport infrastructure works and exports declining due to the Covid-19 epidemic.
— The Star Online

U.S. says completes second aircraft carrier visit to Vietnam
The United States has completed its second aircraft carrier visit to Vietnam, the U.S. Embassy in Hanoi said on Wednesday, as the former foes mark 25 years of normalized diplomatic relations.
— The Guardian

Vietnam greenlights controversial micro apartments in big cities
Vietnam has approved a controversial regulation allowing the construction of micro apartments in commercial projects, which could intensify overpopulation in big cities.
— VnExpress

Banking human resources change in Industry 4.0
The fourth industrial revolution (Industry 4.0) has a great impact on the human resources of the banking sector, according to the general director of Việt Nam Prosperity Joint Stock Commercial Bank (VPBank).
— Viet Nam News

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VOG exports the first Italian apples to Vietnam
A first for the Association of South Tyrolean Fruit Cooperatives: At the beginning of March, the first container of native apples was loaded up for Vietnam. The cargo, a total of 8 tons of apples, will arrive in Asia in a little less than a month.
— Fresh Plaza

Vietnam’s European visa rules change adds to doubt over race
In the round-up: Vietnam has extended its cancellation on visa-free travel to more European countries due to Coronavirus, presenting further obstacles to the promoters of their scheduled race on April 5th.
— Racefans

PVN oil and gas exploitation exceeds 11.5% of the plan
The Việt Nam Oil and Gas Group (PVN) said it had surpassed its oil and gas exploitation target by 11.5 per cent in the first two months of this year.
— Viet Nam News

ADB: outbreak to cost Vietnam 0.41% of GDP
Vietnam is forecast to lose some 0.41 per cent of GDP due to the novel coronavirus outbreak, according to the latest report by the Asian Development Bank (ADB).
— The Phnom Penh Post

Import tariffs on pork expected to decline
The Ministry of Industry and Trade (MoIT) on March 9 announced detailed information about the current situation of the import of pork and actions to stabilize the market price amid the situation that the price of pork remained at high levels, imports of pork were low, and the import tariffs were high while the Prime Minister had entrusted relevant departments to implement measures to reduce the price of pork to below VND75,000 per kilogram.
— Sggp News

Vietnam’s e-commerce market to surpass 17 bln USD in 2023
Vietnam’s e-commerce market is projected to grow at a compound annual growth rate (CAGR) of 16.3 percent from 9.4 billion USD last year to 17.3 billion USD in 2023, data analytics company GlobalData forecast.
— VietnamPlus

Central bank ceases bill issue for first time in nearly two months
The State Bank of Viet Nam (SBV) on Tuesday ceased the issue of bills to withdraw money out of the banking system for the first time in nearly two months.
— Viet Nam News

One third of realty brokerage exchanges leave the market
More than 300 real estate brokerage exchanges, or one third of these firms in Viet Nam, have closed recently due to low supply and the impact of the COVID-19 epidemic.
— Viet Nam News

Ministry asks for lower pork prices
Minister of Agriculture and Rural Development Nguyen Xuân Cường said that the ministry would ask 17 big animal husbandry companies to reduce pork prices to reasonable levels.
— Viet Nam News

Cement producers face multiple problems
Cement producers in Việt Nam are facing a double challenge with domestic demand falling due to a slowdown in the property market and delays in transport infrastructure works and exports declining due to the Covid-19 epidemic.
— Viet Nam News

Vietnam reduces capacity of coal power plants
Vietnam will reduce the total capacity of coal-fired thermal power plants from 2020 until 2030, according to the National Steering Committee for Electricity Development.
— The Star Online

Hydropower operation must ensure security, production
The operation of hydropower dams must not have negative impacts on public security or production, the Ministry of Natural Resources and Environment has said.
— Viet Nam Net

A group of 25 Dutch tourists are quarantined in a hotel in the Vietnamese coastal town of Hoi An, a spokesperson for TUI Nederland confirmed to on Wednesday. During a domestic flight, the group was on a plane with a person possibly infected with coronavirus Covid-19.
— NL Times

Private-equity banks cushion market
Private-equity bank shares have performed well amid fears of COVID-19 in the last five weeks.
— Viet Nam News

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VinFast opens 18 service centres in Việt Nam
VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, opened 18 service centres at Vincom centres across the country on March 8.
— Viet Nam News

Local Vsmart phones reports better sales than Apple in retail channel
Phones made by local manufacturer Vsmart have surpassed those of US giant Apple, in terms of retail revenue in the Vietnamese market in January.
— Viet Nam News

TAB proposes halving tax for tourism businesses
The Việt Nam Tourism Advisory Board (TAB) has proposed to half value added tax for the tourism sector from 10 per cent to 5 per cent to help businesses deal with the coronavirus outbreak.
— Viet Nam News

Demand for packaging paper expected to grow strongly
The demand for packaging paper is expected to grow 14-18 per cent per year in the next five to ten years, said the Việt Nam Pulp and Paper Association.
— Viet Nam News

Setting rules for household businesses poses questions
Regulating household businesses in Việt Nam is posing several problems as lawmakers debate whether the rules should be included in the amended Law on Enterprise or developed into separate legislation.
— Viet Nam News

VN enhances rice, pork price stabilisation
The Ministry of Industry and Trade has asked rice traders to strictly maintain a reserve equivalent to at least five per cent of their export volume in the six most recent months as well as enhancing efforts of price stabilisation in the domestic market amid ongoing global uncertainties.
— Viet Nam News

Việt Nam reduces capacity of coal power plants
Việt Nam will reduce the total capacity of coal-fired thermal power plants from 2020 until 2030, according to the National Steering Committee for Electricity Development.
— Viet Nam News

Priorities for ASEAN Economic Community approved
Việt Nam’s 12 priorities as ASEAN Chair in 2020 were approved by other member countries at the 26th ASEAN Economic Ministers (AEM) Retreat and the ASEAN Business Advisory Council (ASEAN-BAC) Consultation Meeting on Tuesday.
— Viet Nam News

Safeguard measures on imported fertilisers extended until 2022
The Ministry of Industry and Trade (MoIT) has decided to extend the imposition of safeguard measures on several imported fertilisers for the next two years.
— Viet Nam News

Foreign investors withdraw $147.7m in 20 days
Foreign investors have net sold a total of VNĐ3.4 trillion (US$147.7 million) in the last 20 trading days.
— Viet Nam News

VN-Index rebounds after Monday’s crash
Investors calmed down on Tuesday after a crash in the previous sessions, led by recovery of some major large-cap stocks.
— Viet Nam News

UN representative expresses confidence in Việt Nam’s efforts to combat COVID-19
UN Resident Coordinator Kamal Malhotra praised Việt Nam’s efforts and strong measures to prevent the spread of COVID-19 in the community, saying that the UN has shared Việt Nam’s experience with other countries worldwide.
— Viet Nam News

Newsman jailed in Vietnam over land deal
A court in Vietnam has jailed a journalist known for his criticism of the ruling Communist Party for 10 years over a land deal dating from the early 2000s that the authorities had deemed illegal, state media said yesterday.
— The Straits Times

Vietnam perched halfway on global Internet inclusiveness ladder
Vietnam ranks 50th in the The Economist newspaper’s 2020 Inclusive Internet Index annual ranking.
— VnExpress

Nearly 290 attacks targeting websites in Vietnam in February
There were 288 cyber attacks targeting Vietnamese websites in February, up 1.8 percent compared to the previous month, according to a report of the Ministry of Information and Communications (MIC).
— VietnamPlus

Da Nang saleswoman is Vietnam’s 35th novel coronavirus patient
A 29-year-old Da Nang saleswoman who’d come into contact with two infected British tourists was confirmed as Vietnam’s latest Covid-19 patient Wednesday.
— VnExpress

Purchase price for biomass power adjusted up
The Prime Minister has promulgated a decision adjusting up the purchasing price for biomass power.
— VietnamPlus

Hanoi streets deserted amid fears of COVID-19
Once bustling streets in Hanoi are now secluded as most people choose staying inside for fears of COVID-19.
— VietnamPlus

Hanoi broadcasts lessons on TV as schools remain shut
Pupils in ninth and twelfth grade in Hanoi will be able to keep up with courseworks as schools remain closed during the COVID-19 epidemic until March. According to the televised teaching scheme announced by the Education Department and Hanoi Television, lessons are available on Channel 1 daily starting from March 9.
— VietnamPlus

Over 2,500 Vietnamese children in preschools have received fortified instant porridge as part of a shared initiative between Ryerson’s Centre for Studies in Food Security (CSFS) and Vietnam’s National Institute of Nutrition (NIN).
— The Eye Opener



Feature photo City Buskers : An Ode to Asia

This week’s Vietnam morning news feature photo focus on street musicians around 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).



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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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