According to Nguyen Ngoc Tuong, deputy head of the city’s Traffic Safety Committee, the agency is working with the municipal Department of Transport, as well as authorities in neighboring Dong Nai and Tien Giang Provinces, to reorganize routes at the entrances of the southern hub. … [Read more...] about Congestion lurks at Ho Chi Minh City entrances ahead of Lunar New Year
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State funeral of former PM Phan Van Khai on March 20-21
A ceremony to pay tribute to the late PM will take place from 8:00 am on March 20 to the end of March 21 at Thong Nhat Hall in Ho Chi Minh City where his remains are preserved. It will be followed by a memorial service at the hall at 7:30 am on March 22. The burial ceremony is scheduled at 11:00 am the same day in his hometown – Tan Thong Hoi commune, Cu Chi district, Ho Chi Minh City. The tribute-paying and memorial ceremonies will take place at the International Convention Centre, Le Hong Phong street, Ba Dinh, Hanoi at the same time with those in HCM City. The Vietnam Television (VTV) and the Voice of Vietnam (VOV) will broadcast these ceremonies live. On March 20 and 21, all State offices and public facilities will fly the national flag at half-mast and all entertainment activities will be stopped. Former Politburo member and former Prime Minister Phan Van Khai passed away at 1:30 on March 17 at Cu Chi, Ho Chi Minh City, aged 85. Phan Van Khai was born on December … [Read more...] about State funeral of former PM Phan Van Khai on March 20-21
Vietnam, Austria seek stronger educational cooperation
In 2013, during the official visit of the Austrian President to Vietnam, SGU was designated by the Ministry of Education and Training as the first university in Southern Vietnam to associate with the IMC University of Applied Sciences Krems to open a specialized training course for students of Business Administration and E-Commerce Management. … [Read more...] about Vietnam, Austria seek stronger educational cooperation
Tet preparations stall traffic all over Saigon
In Binh Thanh District, all routes leading to the Mien Dong Bus Station, which has buses going to destinations all over northern and central Vietnam as well as the city's eastern neighbors such as Dong Nai, Binh Duong and Binh Phuoc, have experienced gridlocks for a few days now. … [Read more...] about Tet preparations stall traffic all over Saigon
Vietnamese M&A activities heating up
According to Chairman of the Hanoi Supermarket Association Vu Vinh Phu, M&As aim to enlarge and diversify business portfolios of the purchasers while allowing sellers to recover capital. There had been changes in the ownership of large supermarkets, such as Thai Central Group buying the Big C supermarket chain, Phu said, adding that this is a positive deal which will drive market development. The Ministry of Planning and Investment said that there is reason for optimisim for M&A activities in the energy, banking, infrastructure, hotels and office sectors. The ministry noted that the 8th Vietnam M&A Forum 2016, set for Ho Chi Minh in August, will feature large enterprises, securities companies and development capital funds. Their attendance shows that M&As are an efficient capital mobilising channel, contributing to adding more capital to the economy while enhancing business efficiency, said Deputy Minister Pham Huy Dong. M&As are also a way for foreign … [Read more...] about Vietnamese M&A activities heating up
