Latest Coronavirus News in Vietnam & Southeast Asia July 10

Border guards arrest 33 people illegally entering Vietnam

Fiscal, monetary policies to be more proactive, flexible

Fiscal and monetary tools and policies should be governed in a more proactive and flexible manner from now to year’s end in order to maintain macro-economic stability and boost growth, 

Life-changing opportunities come to foreign prisoners

Officials at Thu Duc jail have turned it into a place of education and support for its nearly 200 foreign prisoners, helping them become a better version of themselves before returning home.

Top Vietnamese, Cambodian leaders hold phone talks

Party General Secretary and President Nguyen Phu Trong and President of the Cambodian People’s Party (CPP) and PM Hun Sen discussed issues regarding the relations between the two nations during their phone talks on July 9.

Vietnam expects Japan to continue leading role in multilateral trading system

Vietnam expects that Japan will continue to play a leading role in strengthening the multilateral trading system, facilitating trade and investment, and contributing to regional and global development and prosperity, 

Vietnam Int’l Travel Mart to take place in August

The Vietnam International Travel Mart (VITM) 2020, themed “Vietnamese tourism looks toward the future,” is slated for August 12-15 in Hanoi.

UN Human Rights Council talks about rights of people with disabilities amid climate change

The United Nations Human Rights Council (UNHRC) looked into the rights of people with disabilities in the context of climate change during its 44th session in Geneva on July 8.

Construction Ministry’s proposal on low-cost apartments heats up market

The Ministry of Construction (MOC) has proposed offering preferences to real estate firms that develop low-cost housing with the selling price of no more than VND20 million per square meter.

Tax inspectors detect 72 enterprises with suspected transfer pricing

The General Department of Taxation inspected 72 enterprises suspected of indulging in transfer pricing, collecting taxes and imposing fines of VND212 billion, 

Electricity plan fails to meet progress requirements

The national electricity plan for the 2011-2020 period with a vision toward 2030 or the seventh electricity plan has failed to meet progress requirements, 

VIETNAM'S BUSINESS NEWS HEADLINES JULY 10

National retail sales, service revenues up in June

Thanh Hoa to host the 2nd Muong Festival

The 2nd Muong Ethnic Culture Festival will take place from October 29 to 31 in the central province of Thanh Hoa, according to Ministry of Culture, Sports and Tourism. 

No room for new stars within air cargo arena

Vietnam’s air cargo market is still being dominated by some giants, especially at the capital’s Noi Bai International Airport, leaving no room for interested private players to join the race.

VN coffee market competition heats up with three more players

Based on what Vinamilk, Nestle and Nutifood are currently doing, analysts believe the three big companies will focus on the mid- and low-end market, especially the takeaway food segment.

A high-school student successfully extracts calcium from tuna bones

A high-school student has discovered a simple way of extracting calcium from tuna bones.

A financial hub too far

Higher instability may cost Hong Kong the leading position as Asia’s financial center. It could be an opportunity for emerging financial markets. 

'Don't scream and be serious' Japan theme park tells rollercoaster riders

Fuji Q-Highland asks riders to "scream inside your heart" to minimise spread of droplets.

RCEP to send strong signal on ASEAN's commitment in promoting trade

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, 

Vietnam shrimp exports to surge as demand increases

Vietnam's shrimp industry expects to increase exports this year end because of a rise in demand, according to the Viet Nam Association Seafood Exporters and Producers (VASEP).

 

New large-scale ventures promise more to follow

Newly-licensed large-scale projects which can attract satellite ventures in the supporting industries are expected to reinforce Vietnam’s initial target of almost $40 billion in registered foreign investment capital for the whole year.

Ca Mau aims for sustainable development with nuclear technology

Following successful cooperation with Quang Ngai province, the Vietnam Atomic Energy Institute (Vinatom) has begun cooperating with Ca Mau to solve local problems with nuclear engineering and radiation technology.

K-pop attracts huge number of Vietnamese fans

In less than one day, the new hit song How You Like That by famous South Korean girl band BLACKPINK was number one on the trending list of Youtube Vietnam.

Vietnam’s labour export market expected to recover soon

Vietnam’s labour export activities are showing signs of recovery from COVID-19.

Eased regulations set up EVFTA agriculture benefits

Though Vietnam’s agricultural sector will receive attention from the forthcoming EU-Vietnam Free Trade Agreement, it needs to overcome some challenges to enjoy optimum preferential treatment.

Dak Nong rushes to isolate eighth outbreak of diphtheria

The Central Highlands of Dak Nong is seeking to completely isolate the eighth outbreak of diphtheria to contain the spread of the disease and protect the health of local residents.