Ho Chi Minh City is calling for investment in luxury hotels to meet its economic development, Secretary of the municipal Party Committee Dinh La Thang said in a meeting with a foreign investor on Saturday. Secretary Thang received Ang Wee Gee, CEO of Singapore-based Keppel Land Limited, in Ho Chi Minh City in the afternoon to discuss the company’s vision for its future development in Vietnam. One of Asia's premier property companies, Keppel Land is behind such signature landmarks in Singapore as Marina Bay Financial Centre, Ocean Financial Centre and One Raffles Quay. According to Secretary Thang, Ho Chi Minh City is at the beginning of a new renovation cycle, 30 years after the country’s historic ‘Doi Moi’ (Renovation) movement in 1986 that has brought about major positive changes to the city. The Party chief asserted that the real estate market in Ho Chi Minh City has welcomed considerable foreign investment, but has yet to reach its full … [Read more...] about 6-, 7-star hotels needed in Ho Chi Minh City: municipal Party chief
Markets in ho chi minh city
Flower markets in Ho Chi Minh city open
(VOVworld) - 128 flower markets for the Lunar New Year holiday open in 19 districts in Ho Chi Minh city on Thursday. Many varieties of bonsai trees and flowers are available including apricot blossoms and great chrysanthemums. Besides the domestic flowers, there are also many kinds of exotic plants. The prices have not increased much during Tet. Traders said they transported flowers from the Mekong River Delta provinces to Ho Chi Minh city several days ago. Nguyen Thi Ngoc who owns a flower garden in Ben Tre province sells her products at Le Van Tam Park's flower market. "I have sold flowers at the Tet flower market for several years. Customers prefer flowers at reasonable prices and they are easy to take care throughout the Tet season." The flower markets will remain open until next Wednesday. … [Read more...] about Flower markets in Ho Chi Minh city open
McGraw-Hill Exhibits Books in Ho Chi Minh City
FAHASA Ho Chi Minh City Book Distribution Corporation and McGraw-Hill publisher to organize a book exhibition at Xuan Thu bookstore 185 Dong Khoi St, Dist 1 on June 27-July 6 to introduce valuable books of the global publisher to readers. It also helps with the development of foreign language book market in Ho Chi Minh City. On this occasion, FAHASA offers a discount of 10 percent on books of McGraw- Hill. The McGraw-Hill Book Companies was founded in 1883 with the merge of two companies of "The McGraw Book Publishing Company" of James H. McGraw and "The Hill Publishing Company" of John A. Hill. Now, it is a leading global publisher, owning such leading brands as Standard & Poor's, Business Week, McGraw-Hill Education, and J.D Power and Associates. The corporation has more than 280 offices in 40 countries. In addition, McGraw-Hill Education is official distributor of famous publishers, like AMACOM (American Management Association), Career Press, Harvard Business School … [Read more...] about McGraw-Hill Exhibits Books in Ho Chi Minh City
Fire breaks out in Ho Chi Minh City slum
Smoke rises from the area where the fire breaks out. Photo: Pham Huu A fire broke out in a slum near a market in Ho Chi Minh City on Tuesday afternoon, burning out 13 houses but no injuries were reported. The fire started at around 3:15 p.m. in the neighborhood near a small market in District 1’s Cau Ong Lanh Ward. The area is home to many makeshift houses inhabited by poor residents who make a living by unstable jobs. Firefighting police completely put out the fire at around 5 p.m. the same day. Eight houses were totally burned down, while five other houses were badly damaged after the blaze. Nearly all properties in the houses were also burned. Around 100 affected residents were forced to sleep on the sidewalks of Vo Van Kiet Street on Tuesday night. Hoang Thi Thu Lien, secretary of Cau Ong Lanh Ward’s Party unit, said authorities would arrange accommodations for affected residents to shelter and raise charity funds for them. On Tuesday afternoon, authorities … [Read more...] about Fire breaks out in Ho Chi Minh City slum
The ‘fenced’ market in Ho Chi Minh City
In Ho Chi Minh City, there is a market at which all trading and exchange activities have been done through the bars of a two-meter fence. The "fenced" market, nicknamed so by local residents, is situated at Pou Yuen Industrial Park in Binh Tan District. With a length of the fence stretched over one kilometer, trading and exchange activities here are always busy, especially in the late afternoon. Buyers at this particular market are mainly industrial workers. At the end of their work shift, they often gather along the fence to buy food and other essential items. It looks uncomfortable as all trading activities are done through the small bars, but the plus is that this market offers a wide range of cheap goods. However, since trading is banned in this area, vendors are often worried about having their goods seized by local authorities. A vendor at the "fenced" market runs away to prevent his goods from being confiscated by authorities. Photo: Tuoi Tre Uyen Nhi, 5, … [Read more...] about The ‘fenced’ market in Ho Chi Minh City