Secretary of Ho Chi Minh City's Party Committee, Nguyen Thien Nhan, has just asked the city's Inspection Commission to urgently investigate possible violations in public land transactions in Nha Be District. 30 hectares of public land in Nha Be District was transferred to the Quoc Cuong Gia Lai Company for just VND1.29 million (USD56.85) per square metre Nhan asked the commission to report on the case by May 8. Last June, the state-owned Tan Thuan Investment and Construction Company signed an agreement to transfer over 30 hectares of public land in Nha Be District's Phuoc Kien Commune to the Quoc Cuong Gia Lai Company for just VND1.29 million (USD56.85) per square metre. The Quoc Cuong Gia Lai Company bought the 32-hectare land lot to add to their 50-hectare Phuoc Kien housing project in Nguyen Huu Tho Street which lies in an ideal location near many modern urban areas and Hiep Phuoc Port Urban Area. According to experts, the price paid for the land was much lower than … [Read more...] about Ho Chi Minh City investigation into public land transaction
Ho chi minh city square
European – Vietnamese Documentary Film Festival to be held in Hanoi and Ho Chi Minh City
The Hanoitimes - The 9th European-Vietnamese Documentary Film Festival will be held in Hanoi and Ho Chi Minh City from June 8 - 17. Organised by the European Union National Institutes for Culture (EUNIC), embassies of the EU member states, and the National Documentary and Scientific Film Studio (NDSFS), the event providing a platform for documentary lovers to meet and discuss filmmaking skills while enjoying a variety of films from different cultures. The 9th European-Vietnamese Documentary Film Festival. This year’s film festival will screen 11 international films and 15 Vietnamese films. The international films include productions from France, Wallonia-Brussels (Belgium), Germany, Spain, Sweden, Switzerland, Austria, Denmark, Czech, the UK, and Israel. The films have won prestigious awards in Munich, Nyon, California, Prague, and Melbourne. The selection of Vietnamese documentaries have also won prizes, such as the Golden Lotus, Golden Kite, and Environmental Film … [Read more...] about European – Vietnamese Documentary Film Festival to be held in Hanoi and Ho Chi Minh City
Russian market in Ho Chi Minh City
There is a Russian market in the heart of Ho Chi Minh City. The market sells the iconic wooden roly poly dolls, souvenirs, and warm clothes from Russia, attracting crowds of foreign and domestic customers. The Russian market on District 1’s Vo Van Kiet street was built in 2000. It covers an area of 2,000 square meters. The three-storey market has 200 booths selling clothes, footwear, bags, and household appliances. With nearly 200 kiosks, the market welcomes thousands of shoppers each day. Customers that visit the market are from all over the world, not just Vietnam. After nearly two decades, the market has become a venue for everyone who loves Russian culture and products. It has also become a unique attraction for both foreign and domestic tourists when they visit Ho Chi Minh City, Vietnam’s most bustling city. –VNA … [Read more...] about Russian market in Ho Chi Minh City
Toong opens new co working space in Ho Chi Minh City
On April 11 Toong, the first co-working space chain invested by Indochina Capital, announced the official launch of its largest facility—Toong Minh Khai in the heart of Ho Chi Minh City. Located in the heart of Indochina Capital’s economic hub in Ho Chi Minh City, Toong Minh Khai sets a new benchmark for what it means to work and live harmoniously within today’s fast-paced, highly-urbanised cities as Toong continues to rapidly expand its network into Laos and Cambodia, meeting the strong demand of the Indochina’s fast-growing markets. Toong's new co-working space will be the clearest manifestation of the company's fresh take on what a modern working space should be The newest facility marks the evolution of Toong’s product offerings since 2015 which goes beyond a network of high-quality, inspirational physical workspace. Putting the human at the centre of the Toong experience, for the first time, a workspace for creators incorporates into its … [Read more...] about Toong opens new co working space in Ho Chi Minh City
Foreign convenience stores go from strength-to-strength in Ho Chi Minh City
Ho Chi Minh City has proven to be a fertile land for convenience store chains, and many are planning to expand their businesses in Vietnam's southern commercial hub. The number of convenience stores in HCMC rose by 5.1 percent on-year in the first quarter of 2018 to over 1,800. Convenience stores now cover more than 270,000 square meters of floor space in the city, Jones Lang LaSalle (JLL) Vietnam said in its Q1 report on Vietnam’s property market. The U.S-based real estate service provider said the number of stores in the city will continue to grow to cater for its 13 million inhabitants due to the entry of newcomers. Vietnam is forecast to be the fastest-growing convenience store market in Asia by 2021 with a growth rate of 37.4 percent, according to new data released last Friday by international grocery research organization IGD, followed by the Philippines and Indonesia. IGD said it is "forecasting high double-digit compound annual growth over the next four years in Vietnam, … [Read more...] about Foreign convenience stores go from strength-to-strength in Ho Chi Minh City