Citi revamps investment bank and reshuffles management

“Other noteworthy movement in this year’s rankings included Ho Chi Minh City, which entered the top five for the first time. With the diversification of supply chains encouraging more manufacturing investment, industrial and logistics assets are keenly sought after,” according to the survey. … [Read more...] about HCMC among top preferred cities for cross-border investments in Asia-Pacific

Hanoi (VNS/VNA) - Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said. Last year saw the highest public investment disbursement rate in 2016-2020 as the Government identified public investment as a major driver for growth in the context of the COVID-19 pandemic. The Ministry of Planning and Investment estimated the public investment disbursement rate would reach more than 90 percent of the plan as of the end January 31 (the deadline for disbursement of 2020 public investment), compared to 73.3 percent of 2017, 66.8 percent of 2018 and 67.46 percent of 2019. There were 17 ministries, central-level agencies and 17 localities with disbursement rates of more than 80 percent as of December 31, 2020. However, 13 ministries and central-level agencies and five localities had disbursement rates below 60 percent. … [Read more...] about Public investment will focus on key projects: Minister

Hanoi (VNA) – Ho Chi Minh City has been ranked fifth as Asia Pacific investors’ most preferred market for investments by CBRE Group, Inc. CBRE’s Asia Pacific Investor Intentions Survey 2021 was conducted between  November 9 and December 14 last year. As many as 492 mainly Asia Pacific-based investors participated in the survey, which asked respondents a range of questions regarding their buying appetite and preferred strategies, sectors and markets for 2021. “Ho Chi Minh City has already been on the radar of investors in recent years, especially those who are looking to invest in Southeast Asia, as the city is viewed as having the potential for greater appreciation in property values and higher yields,” said Desmond Sim, Head of Research, Southeast Asia, CBRE. “Other noteworthy movement in this year’s rankings included Ho Chi Minh City, which entered the top five for the first time. With the diversification of supply chains … [Read more...] about CBRE: HCM City among top preferred cities for cross-border investments in Asia-Pacific

The department will work with the city’s Department of Culture and Sports to advise the People's Committee on annual sport activities, sport competitions at the high school level, and improvement of the activities of the sport federation. … [Read more...] about City allocates land for physical training and sports facilities

HCM City (VNA) - An e-commerce site for high-quality Vietnamese goods, at hvnclc.chophienonline.vn, debuted in Ho Chi Minh City on January 21. The site forms part of the second phase of the “Go Online” project, carried out under a partnership between the Business Association of High-quality Vietnamese Products and the Digital Transformation Alliance DTS. It is a trade platform for all Vietnamese products earning the “High-quality” title and for producers to promote products and trade. Each business will be provided with a virtual store on the site to share information and images of their goods, said Huynh Quang Hien, Operations Manager at the Centre for Business Studies and Assistance (BSA). He expects the site will be well-received by customers. The first online trade fair of the site will take place from January 23 to February 5, selling products for the Tet (Lunar New Year) holiday. It features high-quality products made by the Bao Minh Confectionary JSC, … [Read more...] about E-commerce site for high-quality Vietnamese goods debuts in HCM City