Hcm city hotels

Three people have gone missing while trying to salvage containers from a sunken ship on the Long Tau River in HCM City. According to HCM City Ports Authority, on October 19, the 8,000-tonne ship Vietsun Integrity which transported nearly 300 containers from HCM City to Haiphong sank on the Long Tau River. The ship sinks on Long Hau River At around 9 am this morning, two divers Nguyen Phuc Hau and Nguyen Van Lam faced signs of suffocation while recovering the containers.Immediately, three other divers were sent to save them and they were brought them aboard. At that time, Lam and Hau were both in a coma.However, some containers suddenly capsized, causing the three to fall into the water and then went missing. Until two hours later, the rescue work was continued but failed to find them.The three missing are Le Duc Hoa, 33, from Binh Dinh Province; Doan Van Hieu, 36, from Ba Ria-Vung Tau Province and Cao Van Ly, 44, from Kien Giang Province. … [Read more...] about Three missing in sunken ship salvage in HCM City

Photo: VNA For this year’s event, a total of 300 exhibitors from 12 countries globally are to showcase their products from the supporting industry, cutting-edge industrial technologies, and new production trends from the field across 460 pavilions. Pham Thanh Kien, Director of HCM City’s Department of Industry and Trade, said the exhibition is poised to enjoy the participation of a number of leading brands such as Doosan Infracore, TOPEYE Corporation, Neuromeka, Shinseng Industrial Co., Ltd, HBL Inc., and Chowel Corporation. Both the Vietnam International Machinery Fair 2019 (VIMAF) and the Vietnam Supporting Industry Fair 2019 (VSIF) are scheduled to conclude on December 14, with the events hosting a wide range of activities including trade exchanges and visits to production factories. Upon addressing those in attendance at the opening ceremony, Nguyen Thanh Phong, Chairman of the Ho Chi Minh City People's Committee, emphasised that recent years have … [Read more...] about Series of supporting industry exhibitions gets underway in HCM City

Resolution No 10/2017 of the municipal People’s Council, which seeks to encourage investment to transform the farm sector into a modern, efficient and sustainable one in 2017-20, provides for the subsidy. The loan amount entitled to the support will be based on the investment scale and the regulations of the lending organisation.  The subsidy will be equal to the average VND12 month deposit interest rate at four State-owned banks - Agribank, BIDV, Vietcombank, Vietinbank - plus 2%. If the lending interest rate is lower than the subsidy rate, the subsidy provided will be equal to the former. The subsidy will cover the following components: basic construction, machinery and equipment for agricultural production and processing, harvesting birds’ nest, buying new fishing vessels and upgrading machine capacity, replacing existing unproductive dairy cows, and seed and hi-tech agricultural production. The term of support will depend on the approved production cycle but not … [Read more...] about HCM City to pay interest for hi-tech farms

    A scene in Hai Phượng , a production by movie star and film producer Ngô Thanh Vân of HCM City. The action film earned high ticket sales, around VNĐ200 billion ($8.6 million), one month after its release in Việt Nam in March. Photo VAA Entertainment By Thu Anh HCM CTY Fourteen Vietnamese films earned around VNĐ715 billion (US$30.7) in ticket sales in the first five months of the year, a year-on-year increase of 40 per cent, according to CGV Cinemas Việt Nam.   Private film companies in HCM City sunk large amounts of money into movies for release during the Tết (Lunar New Year) holiday, which began in January. Producer Nhất Trung’s Cua Lại Vợ Bầu (Love Again) raked in more than VNĐ108.9 billion ($4.7 million) in ticket sales in three weeks beginning in late January. Nearly 1.3 million tickets were sold.   A scene from movei Cua … [Read more...] about Vietnamese films earn big profits

A corner of the Phu My Hung residential area in District 7, HCM City (Photo: VNA) Hanoi (VNA) – Since the Investment Law took effect in July 2015, Vietnam’s FDI inflows, and the real estate sector in particular, have significantly increased in terms of merger and acquisition (M&A) activities. Statistics released at the Vietnam M&A Forum in Ho Chi Minh City in August 2018 showed that in the first five months of the year, the total value of M&A transactions in the Vietnamese market had reached 3.55 billion USD, equivalent to 155 percent of the figure recorded in the same period last year. Of the sum, property deals made up 66.75 percent. Meanwhile, in 2017, M&A deals were valued at 10.2 billion USD, up 175 percent against 2016, with real estate accounting for only 27 percent following consumer goods production with 57 percent. Therefore, the numbers reported in the first half of the year demonstrate that the real estate sector has attracted greater … [Read more...] about Real estate sees rise in M&A deals