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HCM City (VNS/VNA) - HCM City will continue to speed up the disbursement of public funds and seek to increase budget revenue for the remaining months of the year, the chairman of the municipal People’s Committee has said. Speaking at a meeting to review socio-economic development in the first eight months, Nguyen Thanh Phong said the city would speed up the disbursement of at least 80 percent of the planned investment next month in order to achieve the target of over 95 percent of the plan by the end of the year. As of August 23, as much as 21.3 trillion VND (911.5 million USD) had been disbursed, accounting for 50 percent of the set target, almost 2.5 times higher than the same period last year, according to him.  The HCM City Management Board for Traffic Works Construction and Investment and the HCM City Management Authority for Urban Railway (MAUR) have urged the city to speed up the disbursement rate to ensure the progress of … [Read more...] about HCM City to speed up disbursement of public funds

Wastewater from households and production establishments in a 19sq.m area around the canal is collected in a drainage system, preventing floods caused by tides and heavy rains in the Tân Hóa-Lò Gốm area, which used to be a big problem, especially on Bàu Cát, Âu Cơ and Hòa Bình streets. … [Read more...] about HCM City restores polluted canals one by one

The Vietnamese Government has created favourable conditions for foreign entrepreneurs, experts, engineers and workers, including those from Busan, to safely enter Vietnam, the official said, adding that HCM City has set up a working group addressing difficulties in this field. … [Read more...] about HCM City, Busan to set up virtual inter-sector working group

HCM City needs strong determination to become a regional economic hub: top leader Party General Secretary and President Nguyen Phu Trong asked the Party Committee of HCM City to show stronger determination to build the city into a key regional economic and financial hub in draft documents of the city’s Party Congress. … [Read more...] about Thu Duc City set to be new growth pole for HCM City

The city leader proposed holding an online economic forum involving HCM City, Hanoi and the US, with the participation of enterprises run by Vietnamese in the US, to seek ways to remove difficulties caused by the COVID-19 pandemic and intensify bilateral co-operation in education, tourism and trade. … [Read more...] about HCM City leader hosts US Ambassador