Vietnam morning news for May 14

Vietnam morning news for May 14

Vietnam morning news

Vietnam to stop considering new airlines establishment due to Covid-19
Vietnam will not consider applications for new airlines as it looks to prioritise the recovery of its aviation sector after the impact of the novel coronavirus, the Civil Aviation Authority of Vietnam (CAAV) said on Wednesday.
— Bangkok Post

Vietnam seeks gasoline imports as economy reopens
Vietnam’s state-owned Petrolimex has issued a tender to buy gasoline amid easing travel restrictions in the country.
— Argusmedia

Vietnam: First 30 tons of Yen Chau mangoes exported to China
The first batch of 30 tons of Yen Chau mango planted in Yen Chau district, in the northern province of Son La, was shipped to China through official channels on May 11.
— Fresh Plaza

Vietnam exports less fruits, vegetables in 4 months
Vietnam exported nearly 1.3 billion U.S. dollars worth of fruits and vegetables in the first four months of this year, posting a year-on-year decline of 8.7 percent, according to the country’s Ministry of Agriculture and Rural Development on Tuesday.
— Xinhua

Mobile payments to grow 400 pct in five years
Mobile transactions in Vietnam are expected to surge 400 percent by 2025 with fintech and banking sectors actively expanding such services.
— VnExpress

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Vietnam’s garment sector to aim average 6% annual growth
Vietnam’s garment sector will focus on new potential markets to achieve an average growth of 6 per cent each year between 2020 and 2025, according to Vietnam Textile and Apparel Association (VITAS) chairman Vu Duc Giang, who recently said the COVID-19 pandemic offered businesses a chance to step up digital transformation and produce masks in large quantities.
— Fibre2fashion

Vietnam’s Coronavirus Success Is Built on Repression
When the Hanoi-based economic consultant Raymond Mallon returned home after a trip abroad in late March, he was immediately texted by the local police asking after his health. Vietnam is a state that not only knows where you live but also knows when you go away—and your mobile phone number.
— Foreign Policy

Vietnam might try to boost domestic lychee consumption
Starting on May 1, Vietnam’s Guangxi Province has resumed the normal procedure for customs clearance at the specialized clearance line at the Tan Thanh – Po Chai border gate.
— Fresh Plaza

How has Vietnam, a developing nation in South-East Asia, done so well to combat coronavirus?
Zero deaths. It’s an achievement amid the coronavirus pandemic that governments from the United States to Italy can only dream of.
— ABC

Vietnam resumes rice exports to Phl, ASEAN countries
The Socialist Republic of Vietnam has resumed rice exports to the Philippines and other members of ASEAN to maintain adequate food supply in the region and cope with the COVID-19 pandemic.
— Fresh Plaza

Vietnam Further Cuts Rates to Shield the Virus-Hit Economy
Vietnam’s central bank, looking to help businesses struggling to recover from the economic blow of the coronavirus outbreak, has cut policy interest rates effective May 13 for the second time in two months.
— Bloomberg

Vietnam Races Ahead of Other Southeast Asian Countries in Tourism Reopening
Astonishingly, Vietnam is the success story in Southeast Asia in the battle with coronavirus. Domestic travel is now kickstarting recovery, while so-called travel bubbles allowing travel with China and South Korea are in the air.
— Skift

Solar photovoltaics equipment market in Vietnam is forecast to cross $ 3.7 billion by 2025
Vietnam Solar Photovoltaics Equipment Market, By DC Voltage Type (400V, 600V, 1000V & 1500V), By Installation Mode (Ground Mounted Vs Rooftop), By End User (Industrial, Commercial & Residential), By Module Type (Monocrystalline, Polycrystalline & Thin Film), By Type (Circuit Configuration, Module Mounting Systems, Solar Charge Controllers, etc.
— Globenewswire

Vietnam flies home 345 people from Russia
Vietnam on Tuesday flew 345 of its citizens back from Russia, the country third worst affected by the coronavirus after the U.S. and Spain.
— VnExpress

It’s time for Vietnam and ASEAN to challenge Beijing in the South China Sea
On 14 April, as China’s Haiyang Dizhi 8 survey group sailed into the South China Sea again, Taiwan scrambled ships to monitor the passage of the Chinese navy’s Liaoning aircraft carrier strike group as it went through the Miyako Strait near Okinawa and turned south.
— Aspistrategist

Vietnam faces heavy competition in wooing businesses relocating from China
Vietnam could fall behind other Asian countries in attracting multinationals shifting production out of China because of supporting industry inadequacies, experts say.
— VnExpress

Vietnam faces heavy competition in wooing businesses relocating from China
Vietnam could fall behind other Asian countries in attracting shifting investment from China because of supporting industry inadequacies, experts say.
— VnExpress

US launches circumvention inquiry on Vietnamese stainless steel sheet, strip
The US Department of Commerce on Tuesday self-initiated a circumvention inquiry to determine if imports of stainless steel sheet and strip from Vietnam are circumventing existing US antidumping and countervailing duties on these products from China.
— SP Global

Viet Nam has conducted 275,000 COVID-19 tests, health official says
Viet Nam has conducted 275,000 COVID-19 tests to date, or 2,000 tests daily, according to Deputy Minister of Health Nguyen Thanh Long.
— VGP Government in Action

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Central bank lower interest rates
VGP – The State Bank of Viet Nam has decided to lower annual interest rates by 0.5%, applicable since May 13.
— VGP RSS Feed

Healthy oceans: keeping Asia and the Pacific afloat
Memories of idyllic beaches and sonorous waves may seem far away while we remain at home. Yet, we need not look far to appreciate the enduring history of the ocean in Asia and the Pacific.
— Viet Nam Net

PM permits re-opening of sub-border gates with China
The Prime Minister (PM) has permitted to re-open sub-border gates and border crossing to resume goods trading activities between Việt Nam and China, according to the Ministry of Industry and Trade.
— Viet Nam News

Nội Bài Int’l Airport among the world’s top 100 for five years running
Nội Bài International Airport in Hà Nội has made it into the world’s top 100 airport listing for the fifth consecutive year in 2020, the Airports Corporation of Việt Nam (ACV) said on May 12.
— Viet Nam News

No new airlines, says transport ministry
Vietnam will not peruse applications for new carriers as it prioritizes recovery of the aviation market after coronavirus impacts, the Transport Minister says.
— VnExpress

Target of one million firms a tall order amid COVID-19
The target of one million businesses by 2020 could be hard to hit with the ongoing COVID-19 pandemic. However, there is optimism regarding the task.
— Viet Nam News

SSI increases charter capital to $259.3 million with bonus share issue
SSI Securities Corporation has increased its charter capital to over VNĐ6.029 trillion (US$259.3 million), 1,001 times the capital it had at the time of establishment.
— Viet Nam News

Vietnam’s about turn on ideal replacement fertility rate meets dissent
A call for Vietnamese to wed by 30 and bear two children to counter one of the fastest aging populations globally has tongues wagging.
— VnExpres

VN shares rally higher on new rate cuts
The benchmark VN-Index on the Ho” Chí Minh Stock Exchange gained 0.84 per cent to end Tuesday at 835.32 points.
— Viet Nam News

Vietnam further cuts policy rates to mitigate coronavirus impact
Vietnam cut its policy rates for a second time in two months on Wednesday as it seeks to boost growth amid the coronavirus pandemic.
— VnExpress

Central bank slashes rates to aid post-pandemic recovery
The State Bank of Việt Nam on Tuesday decided to slash many rates by up to 0.5 percentage points for the second time in 30 days in a bid to get the economy back on track after the COVID-19 pandemic.
— Viet Nam News

Three Brazilian cleared of COVID-19, total cured patients rise to 252
VGP – Three more COVID-19 patients, who were tested positive again, have been cleared of the virus, raising the total recovered patients in Viet Nam to 252, the National Steering Committee for COVID-19 Prevention and Control reported on May 12.
— VGP Ministerial Activities

HCM City recovers more than VNĐ1.1 trillion in tax
HCM City Tax Department has fined a number of tax violators and managed to reclaim more than VNĐ1.1 trillion (US$51 million) for the State budget in the first four months of this year.
— Viet Nam News

Bắc Giang will boost domestic lychee consumption due to difficulties in export
Bắc Giang Province will promote domestic consumption of lychees due to difficulties faced in exporting this kind of fruit this year.
— Viet Nam News

Four-month State budget revenue posts drop as Gov’t offers tax relief
The State budget revenue in January – April was estimated to total VNĐ491.38 trillion (US$21.18 billion), representing a drop of 5.9 per cent against the same period last year.
— Viet Nam News

EU, French agency support Việt Nam’s resilience to climate change, COVID-19
“Adaptation to climate change is crucial for the sustainability of Việt Nam’s development, and water and natural resources are a key element of it,” EU Ambassador Aliberti said.
— Viet Nam Net

France to import hundreds of millions of masks from Việt Nam
France has announced it would import hundreds of millions of antibacterial cloth masks from Việt Nam by air.
— Viet Nam News

Conflicting policies, land issues and disease hinder equitisation of SOEs
The equitisation of State-owned enterprises (SOEs) was being hindered by troublesome policies, lack of transplarency in land management and the recent devastation inflicted by the COVID-19 pandemic, experts said.
— Viet Nam News

Bắc Ninh banks offer support to keep businesses afloat
Banks in Bắc Ninh Province are offering reduced interest rate loans to businesses to help them during the COVID-19 pandemic.
— Viet Nam News

ASEAN countries prove effective cooperation in curbing COVID-19: Deputy Defense Minister
VGP – The ASEAN Defense Senior Officials’ Meeting Working Group (ADSOM WG)’s video conference took place in Ha Noi on May 12, aiming to promote Viet Nam’s initiatives in ASEAN Chairmanship Year 2020 and prepare for the ADSOM’s video conference slated for May 15.
— VGP Ministerial Activities

 

Feature photo Electro Deal Pro
This week’s Vietnam morning news feature photo focus on World Telecommunication and Information Society Day, May 17.

 

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.

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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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