New city investment managers

Nguyễn Hùng Vọng of Tân Phú District told Việt Nam News: “In heavy rains Bàu Cát Street used to be flooded so severely that I could not drive my motorbike. I had to move out to another district to live.”   … [Read more...] about HCM City restores polluted canals one by one

Le Thi Huynh Mai, director of the city Department of Planning and Investment, said the total retail sales of goods and service revenue during the period reached about VND827 trillion, down 3.3 per cent from the same period last year, while total budget revenue was more than VND216.7 trillion, down 17.37 per cent over the same period. Total budget expenditures were VND49.264 trillion. … [Read more...] about City to speed up disbursement of public funds, increase budget revenue

HCM City (VNS/VNA) - HCM City will continue to speed up the disbursement of public funds and seek to increase budget revenue for the remaining months of the year, the chairman of the municipal People’s Committee has said. Speaking at a meeting to review socio-economic development in the first eight months, Nguyen Thanh Phong said the city would speed up the disbursement of at least 80 percent of the planned investment next month in order to achieve the target of over 95 percent of the plan by the end of the year. As of August 23, as much as 21.3 trillion VND (911.5 million USD) had been disbursed, accounting for 50 percent of the set target, almost 2.5 times higher than the same period last year, according to him.  The HCM City Management Board for Traffic Works Construction and Investment and the HCM City Management Authority for Urban Railway (MAUR) have urged the city to speed up the disbursement rate to ensure the progress of … [Read more...] about HCM City to speed up disbursement of public funds

“Our investments in digital technologies have proven to be critical as the pandemic accelerates digital adoption among our client base. Through these capabilities, we have been able to continue effectively supporting our clients and their business operations during this time,” said Rajesh Mehta, Asia-Pacific head of Treasury and Trade Solutions, Citi. “We remain committed to being the preferred digital platform for digital commerce and continue to expand our digital banking infrastructure to support clients now and for the future.” … [Read more...] about Citi Vietnam named Best Corporate Digital Bank 2020 by Global Finance

Shawn Khong: They should view Vietnam as a long-term investment strategy given the positives and attractions, and not just as a reaction due to the current macro-economic uncertainties and trade tensions. They should take holistic sourcing strategies and tap into Vietnam’s strengths given global infrastructure and supply chains remain a challenge for select sectors. … [Read more...] about Citi creating robust energies for South Korean investors