HCM City (VNS/VNA) - The HCM City administration has unveiled a draft design for the 18th annual Nguyen Hue Flower Street to celebrate the coming Tet (Lunar New Year) holiday. Rural life featuring rice farming and buffaloes will be the theme for this year, the Year of the Buffalo, according to eastern zodiac. Every year Nguyen Hue street in District 1, which has a pedestrians-only square down its middle, transforms into a ‘flower street’ during Lunar New Year. This year it will be open from February 9 to 15, with the decorations starting on January 25, according to the organisers. Like in previous years environment-friendly materials will be used for the decorations. According to organisers, the organic design and architecture this year would aim to send the message of environmental protection. To usher in the Year of the Buffalo, most of the event’s concepts and decorations will pay homage to the animal, with 26 mascots being set up along … [Read more...] about HCM City unveils proposed design for Tet Flower Street
Rural industries
Routes leading to Long Thanh airport to be built
Construction of the first detail of Long Thanh International Airport started on January 5. The airport will be built in three phases over three decades, and is expected to become the country’s largest airport. In the first phase, one runway with a length of 4,000m, taxiways, an apron, and a passenger terminal with other auxiliary works sprawling 373,000 sq.m will be built to serve 25 million passengers and 1.2 million tonnes of cargo each year. The airport is designed to have four runways, four passenger terminals, and other auxiliary facilities to ensure a capacity of 100 million passengers and 5 million tonnes of cargo a year by 2040. Covering a total area of more than 5,580ha, the airport will straddle six communes in Long Thanh district. It is expected to cost 336.63 trillion VND (14.5 billion USD), with the first phase needing over 109 trillion VND. Around 4,800 households and 26 organisations are expected to be relocated to make way for it. Located 40km to the east … [Read more...] about Routes leading to Long Thanh airport to be built
Winners of HCMC Brand Award to be announced Thursday
Earlier at the launch ceremony, Bui Ta Hoang Vu, director of the HCMC Department of Industry and Trade, said the HCMC Brand Award would help raise the awareness of businesses operating in the city over the importance of building their brands and encourage them to accelerate innovation, creativity and sustainable development. … [Read more...] about Winners of HCMC Brand Award to be announced Thursday
HCMC told to address environmental pollution caused by two waste treatment firms
The municipal Department of Natural Resources and Environment has set a target to collect and treat all industrial and medical waste and 90% of construction waste in the city by 2025, of which 60% will be recycled. By 2023, 60% of household waste is expected to be classified at source. The rate will gradually increase in the following years. … [Read more...] about HCMC told to address environmental pollution caused by two waste treatment firms
Long-term development commitments realised through strategic M&A moves
SCG is one such example. M&A has become the most effective channel for the company to realise its commitment to long-term investment in the Vietnamese market. At present, SCG boasts 21 subsidiaries in Vietnam focusing on petrochemicals, cement, and building materials, and packaging, many of which have been established via M&A activities. Following the acquisitions, SCG coordinates with companies within its portfolio to foster growth by improving operation and safety standards as well as productivity. SCG’s M&A efforts in Vietnam also reflect its vision to become a regional business leader. … [Read more...] about Long-term development commitments realised through strategic M&A moves