Eurovision 2020 which city

HCM City (VNA) – Ho Chi Minh City is taking drastic measures to promote disbursement of public funds, which plays an important role in economic development amidst the COVID-19 pandemic. According to the municipal People’s Committee, nearly 32 trillion VND (1.38 billion USD) was disbursed as of December 31, 2020, some 27.3 trillion VND of which came from the city’s budget (accounting for 74.1 percent of the assigned plan) and the remainder from the state budget (equivalent to 57.2 percent of the plan). Director of the municipal Department of Planning and Investment Le Thi Huynh Mai said the results did not live up to expectations of the Government and the city leaders, pointing out tardy disbursement of the Official Development Assistance (ODA) capital affected the city’s outcomes. Since the state budget year 2020 will end on January 31, 2021, the department will ask investors to speed up the work, striving for the disbursement rate of 95 percent for the … [Read more...] about HCM City speeds up disbursement of public capital

A master plan to build Phu Quoc by 2020 was approved under Prime Ministerial Decision No 1197 in 2005 to effectively exploit its potential. After 15 years of construction and development, Phu Quoc district has posted high and stable economic growth. It is now home to 320 projects with total registered capital of more than 14.7 billion USD. … [Read more...] about Phu Quoc – Vietnam’s first island city

Mr. Nguyen Phuong Dong, Deputy Director of the Department of Industry and Trade of HCMC, said that the industry and trade had made great efforts to overcome difficulties, sticking to the dual goal of both preventing the Covid-19 pandemic and developing the economy in 2020. The retail industry, with the support of e-commerce, had become the fulcrum for the whole service sector, which is most heavily affected by the Covid-19 pandemic. The wholesale and retail trade sector accounted for 25.2 percent of the service sector, equivalent to 15.7 percent of the city's gross regional domestic product (GRDP). It was the industry that attracted the most foreign direct investment (FDI) in 2020, with 418 projects worth US$233.2 million of newly-registered capital. Total retail sales of goods reached more than VND759.71 billion, an increase of 11.9 percent year-on-year. In 2021, the industry and trade set an increase of 5 percent in the index of industrial production (IIP) of the whole industry. Of … [Read more...] about HCMC’s total retail sales of goods rise 11.9 percent in 2020

In the years before, private shop owners earned big money because they had next-generation iPhones for sale sooner than iPhone authorized resellers. But in 2020, officially distributed iPhone 12s became available in Vietnam soon, on November 27, or just two weeks after they were launched in other markets. … [Read more...] about 2020 – unprecedented year for mobile phone retail chains

HCM City (VNA) - The Ho Chi Minh City Communist Youth Union will present more than 2,000 gifts worth over 500 million VND (21,600 USD) to disadvantaged local children on the occasion of the Mid-Autumn Festival. It’s one of various activities to be rolled out by the city’s youth union in support of underprivileged children, especially children of local workers, until October 4.  In cooperation with Vietnam Fatherland Front committees in districts, the youth union has also organised art programmes, folk games, and film screenings, and presented scholarships to children with outstanding academic results. Targeted children include those with disabilities and the thousands of children of workers at processing, industrial, and high-tech parks in the city./. … [Read more...] about Host of activities for disadvantaged kids in HCM City during Mid-Autumn Festival