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 HCM City (VNA) – Ho Chi Minh City will pump water from locations further upstream the Sai Gon and Dong Nai Rivers to supply its residents since the rivers, the current main source of water for the city, are affected by industrial pollution and saline intrusion. This is part of the city’s project on water supply development during 2020-2050 and a programme on clean water supply and ending exploitation of underground water during 2020-2030 recently approved by the municipal People’s Committee. Currently, some 94 percent of the water supply for the city is pumped from the Sai Gon-Dong Nai river system to Tan Hiep and Thu Duc water treatment plants. A survey from the municipal Department of Natural Resources and Environment showed that water in downstream Sai Gon river is suffering from severe microbiological pollution, and slight oil contamination. According to Ho Phi Long, Director of the Centre of Water Management and Climate Change under the Vietnam National … [Read more...] about HCM City to change water supply source for better water quality

HCM City (VNA) – Permanent Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem hosted a reception in the city on November 14 for Joe Lonsdale, a founding partner of San Francisco-based venture capital fund 8VC. Liem said the visit affirms 8VC’s commitments to supporting startups and innovation in Ho Chi Minh City and hoped that 8VC would share its experience with the city in the field. In the near future, Ho Chi Minh City will be developing an innovative urban area and building a smart urban area, he said. The host invited representatives from 8VC to attend the Ho Chi Minh City Economic Forum slated for late November and offer ideas on smart urban development. Lonsdale, for his part, shared some information on a Canadian startup ecological model which, he said, is particularly applicable to Ho Chi Minh City. He affirmed that 8VC wants to be a long-term partner of Vietnam and Ho Chi Minh City. He said 8VC has launched several projects in Ho … [Read more...] about US-based 8VC seeks business opportunities in Ho Chi Minh City

In the fields of press, publications, media and electronic information, Hanoi has implemented the first phase of the plan on rearranging, developing and managing press agencies in Hanoi by 2025. The department is building a plan on establishing a Hanoi press center. … [Read more...] about Hanoi builds smart city, speeds up 5G commercialization

Singapore (VNA) – Singapore is the second most preferred city in Asia-Pacific for cross-border investments this year, according to the CBRE 2021 Asia Pacific Investor Intentions Survey. Desmond Sim, head of research for Southeast Asia at CBRE – a global commercial real estate services company, said Singapore remains an important hub for foreign corporations looking to access Southeast Asia. The survey notes that Singapore is turning out to be a viable alternative to China’s Hong Kong for companies setting up Asia-Pacific headquarters. The upbeat news comes in the wake of the Economic Development Board’s report that Singapore attracted about 17.2 billion SGD (12.9 billion USD) in fixed asset investments last year amidst the pandemic. Japan’s Tokyo topped the study due to the availability of high-quality assets and strong liquidity. Seoul came in third, followed by Shanghai of China and Ho Chi Minh City of Vietnam. The survey polled 492 investors, who … [Read more...] about Singapore ranks second in Asia in investment attraction

Truong had previously received land use right authorization from land owners in District 2, 9 in HCMC and Long Thanh District in the neighboring province of Dong Nai to have real estate procedures done on their behalf. … [Read more...] about Billion-dollar real estate fraud investigated