Secretary of the Ho Chi Minh City Party Committee Mr. Nguyen Van Nen (R) receives Chinese Consul General to Ho Chi Minh City Wei Huaxiang At the reception, the city Party chief congratulated the Chinese Consul General to Ho Chi Minh City Wei Huaxiang during his working tenure in the city; and highly appreciated the great achievements that the Party, Government and Chinese people had gained over 40 years of reform and opening-up and affirmed that the relationship between Vietnam and China has tended to positively develop. Senior leaders of the two Parties, countries have maintained exchanges under different flexible forms to strengthen the political trust, and widen practical cooperation in various fields. The bilateral trade turnover growth in 2021 between the two nations reached nearly US$170 billion, an increase of nearly 25 percent over 2020. In the first five months of the year, the bilateral trade turnover gained nearly US$73 billion. Secretary Nguyen Van Nen believed that … [Read more...] about HCMC to deepen cooperation ties with China localities
Giang son hotel ho chi minh
HCMC continues to create favorable conditions for Swiss enterprises
Chairman of the municipal People's Committee Phan Van Mai (R) granted the Ho Chi Minh City Badge to Swiss Consul General Martin Urs Maier for active contributions during his working term. At the receipt, Chairman Phan Van Mai congratulated Consul General Martin Urs Maier for a successful working term in the city and expressed his impression of the active role as well as contributions to connecting the enterprises' community and the people of Switzerland and Ho Chi Minh City that is considered a valuable experience for the city government administration. Ho Chi Minh City Government will continue to create favorable conditions for Swiss businesses and the Swiss Consulate General in HCMC to have more achievements, added Mr. Mai. Chairman Phan Van Mai appreciated and expressed his gratitude for the assistance of the international community generally and Switzerland particularly, especially the role of Swiss Consul General Martin Urs Maier in the Covid-19 fight in the city . Mr. … [Read more...] about HCMC continues to create favorable conditions for Swiss enterprises
Vehicles to be temporarily banned from downtown area in July beginning
This temporary vehicle ban is to ensure traffic order during the 46 th anniversary of city name change from Saigon – Gia Dinh to Ho Chi Minh (July 2, 1976 – July 2, 2022) and the events to honor the role of family in social life in HCMC. These activities will be held on Nguyen Hue Pedestrian Street in District 1. Therefore, from 6:00 p.m. to 10:00 p.m. on June 30 and July 1-2, all vehicles are temporarily banned on this street. The alternative routes are as follows: - Vehicles move from Le Thanh Ton St. – Ton Duc Thang St. – Dong Khoi St. - Vehicles move from Ton Duc Thang St. – Pasteur St. – Le Thanh Ton St. – Ham Nghi St. or from Ton Duc Thang St. – Me Linh Roundabout – Hai Ba Trung St. – Le Thanh Ton St. Drivers need to comply with the instructions of the traffic police or the traffic signal system as they travel through the above-mentioned areas. People living or working in the event areas should contact the HCMC Department of Culture & Sports (at the address of … [Read more...] about Vehicles to be temporarily banned from downtown area in July beginning
Shares extend gains, bolstered by bank and energy sectors
Facilities of Binh Son Refining and Petrochemical Company Limited (BSR) in the central province of Quang Ngai. BSR rose 2.8 per cent on Wednesday. Photo bsr.com.vn Vietnamese shares rose on Wednesday, propped up by a slew of banking and energy stocks. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased 1.27 per cent, to 1,218.10 points. The benchmark increased 1.46 per cent, to close Tuesday at 1,202.82 points. More than 588.4 million shares were traded on the southern bourse, equivalent to VND14.4 trillion (US$619 million). Market breadth was positive with 136 losers and 326 gainers. Banking stocks were darlings of the market with gainers including Military Bank (MBB), Techcombank (TCB), Bank for Investment and Development of Viet Nam (BID), VietinBank (CTG), Viet Nam International Commercial JS Bank (VIB), Saigon-Hanoi Commercial JS Bank (SHB), Tien Phong Bank (TPB) and Vietcombank (VCB). Energy stocks gained ground with gainers such as Viet Nam National … [Read more...] about Shares extend gains, bolstered by bank and energy sectors
HCMC disburses only 17 percent of public investment capital in first six months
Illustrative image. (Photo: SGGP) The People's Committee of HCMC said that the disbursement rate of the Public Investment Plan in 2022 is not much compared to previous years due to many difficulties and obstacles, but mainly the impact of the Covid-19 pandemic in 2021. The restart of the construction of projects in the first months of 2022 experienced a certain delay after the time the city adopted measures to respond to the Covid-19 pandemic. In addition, input costs were unstable and tended to increase. Besides the above objective reasons, the People's Committee of HCMC also raised some other subjective reasons affecting the disbursement progress of public investment capital, for example, difficulties related to site clearance; it is necessary to have time to carry out the project adjustment procedures on the basis of Resolution No.99/NQ-HDND dated October 19, 2021, of the People's Council of HCMC and Decision No.4354/QD-UBND dated December 28, 2021, on the medium-term capital … [Read more...] about HCMC disburses only 17 percent of public investment capital in first six months
HCMC forms taskforces for Ring Road No.3 construction project
Ring Road No.3 project as requested by the Prime Minister. This taskforce will supervise critical matters like technical issues, construction materials, compensation policies. It will hold meetings when there is a need for cooperation between localities and ministries or among localities. HCMC is planning to also form a project management committee, aiming at immediately addressing problems during the implementation of sub-projects in the city. Its steering committee is responsible for administering and instantly handling arisen trouble when the project is being carried out, especially those related to land clearance compensation. Chairman Mai also asked for the cooperation among the HCMC departments of Transport, Natural Resources & Environment, Planning & Architecture to develop a detailed plan for the meeting to officially launch Ring Road No.3 construction project by July 1, 2022; and requested HCMC Natural Resources & Environment Department to prepare a detailed … [Read more...] about HCMC forms taskforces for Ring Road No.3 construction project
Number of weekly dengue cases in HCMC continues to rise
Deputy Minister of Health Nguyen Truong Son visits and encourages a pediatric patient who is under dengue fever treatment at District 8 Hospital on June 27. Up to now, the city recorded a total of 18,976 dengue cases, an increase of 151.6 percent over the same period with 7,542 cases, comprising 311 severe cases. After a week, the rate of severe patients to the total number of dengue cases was 1.6 percent, an increase of over four times over the same period with 33 out of 7,542. This week, 21 districts and Thu Duc City in HCMC excluding District 12 are facing a dengue fever “emergency” with 2,548 cases, up 611 cases over the past four weeks and a death related to the disease rising total death to ten from the beginning of the year to now. At that time, there were 825 hand, foot, and mouth disease cases, a decrease of 217 cases over four weeks ago. By the 25th week, HCMC had a total of 7,634 infections with hands, foot, and mouth disease. By Thanh An- Translated by Huyen … [Read more...] about Number of weekly dengue cases in HCMC continues to rise
Young Vietnamese starts business collecting waste
As a new university graduate who wants to own a business and create jobs for young workers, Nguyen Van Tien, residing in District 5, Ho Chi Minh City, chose to start his business by collecting waste. When he was a student of the Saigon Technology University, Tien set his career plan of running a company instead of being in someone’s employment. He started his recyclable waste collection business in 2012. When collecting recyclable waste for local children’s small social plans, Tien thought that those materials could be reused and it was wasteful to get rid of them. The saying 'one man’s trash is another man’s treasure' inspired him to collect recyclable waste and establish a company operating in scrap management and recycling. Every day, Nguyen Van Tien rolls up his sleeves to directly involve himself in the waste collection. His employees collect recyclable waste at locations as agreed, including trade centers, convenience stores, and schools. Waste will … [Read more...] about Young Vietnamese starts business collecting waste
International webinar on Vietnam’s Market Entry Opportunities and Strategy
Jesse Choi, CEO of Sunwah Innovations and director of Sunwah Vietnam talked about Vietnam's market entry opportunities and strategy The webinar received around 100 participants including experts and representatives of corporates, startups, universities, incubators and accelerators, venture capital firms, and business associations from Vietnam and neighbouring countries and territories including Cambodia, Singapore, Japan, South Korea, China, and Hong Kong. Vietnam has seen significant improvements in developing a dynamic and open business environment. In the post-pandemic period, the country stands firm as one of the most attractive destinations in the Southeast Asian region for foreign investors and businesses including venture capital firms and startups. Realising an increasing need from overseas startups and supporting organisations to explore and gain footholds in the market, Sunwah Innovations organised the Vietnam Market Entry Opportunities and Strategy webinar. It was … [Read more...] about International webinar on Vietnam’s Market Entry Opportunities and Strategy
Young generations tell vivid historical stories
The Hoa Lo Prison relic site, an attraction in Hanoi’s Hoan Kiem district. (Photo: VNA) Hanoi (VNA) - The prejudice that young people have turned their backs on history has been around for a while. However, the huge interaction on the Facebook pages of Hoa Lo Prison relic site and of a 26-year-old video editor has proven a completely different fact, that is many young people do not turn away from history, but are naturally and effectively spreading their passion for and discovery of the core values from different periods in the nation's history among people of their generations. From contents imbued with imprints of Gen Z… Since the beginning of 2021, the Facebook page of the Hoa Lo Prison relic site – once the French Maison Centrale (meaning central prison), now a tourist attraction in downtown Hanoi – has regularly published posts that quickly went viral. Their contents cleverly blend the humour of the Generation Z (who born between the late 90s and early 2010s) and … [Read more...] about Young generations tell vivid historical stories