Vietnam ho chi minh

Authorities in Ho Chi Minh City have proposed the construction of a US$6 billion international transshipment port in outlying Can Gio District. The proposal was made by chairman of the municipal People’s Committee Phan Van Mai in his document sent to Prime Minister Pham Minh Chinh on Thursday. The investment into the port was originally suggested by MSC Group – the world's largest shipping group, Vietnam Maritime Corporation, and Saigon Port. The project is expected to have about 7.2 kilometers of wharves and cost approximately $6 billion. The port will be able to receive the world's largest container ship, which can carry 24,000 twenty-foot equivalent unit (TEU) containers, while its capacity will be around 10-15 million TEUs. The implementation of the project will be divided into seven phases, with the developers hoping that the first phase will be initiated in 2024 and put into operation in 2027. The final phase is expected to be put to use in 2040. The existing Can … [Read more...] about Ho Chi Minh City proposes construction of $6bn int’l transshipment port

Serious damage was recorded when a painting shop in District 1, Ho Chi Minh City burst into flames on Friday morning. The fire broke out at the painting shop on Hai Ba Trung Street at around 6:30 am on Friday. A failed attempt to control the blaze by local people led to flames spreading to a house block next door. All residents were evacuated. Firefighters spray water on a fire at a painting shop in District 1, Ho Chi Minh City, July 1, 2022. Photo: Minh Hoa / Tuoi Tre The art shop had been storing many flammable materials that made it difficult for firefighters to access and several explosions were heard at the scene. Traffic on Hai Ba Trung Street was blocked to facilitate the firefighting efforts. Firefighters spray water on a fire at a painting shop in District 1, Ho Chi Minh City, July 1, 2022. Photo: Minh Hoa / Tuoi Tre With help from several fire trucks and dozens of firefighters, the flames were extinguished by 7:30 am the same … [Read more...] about Fire engulfs paint shop in downtown Ho Chi Minh City

About 76 percent of HIV infections recorded in Ho Chi Minh City in 2021 were among men who have sex with men (MSM), according to statistics from the municipal Department of Health. The number of HIV infections in the southern metropolis has been increasing, the health department stated, adding that there is a change in HIV-related risk behaviors. The number of new cases rose to nearly 4,500 in 2021 from about 2,000 in 2012. In the past, injecting drug users accounted for the majority of HIV cases in the city. However, MSM currently make up the highest ratio. About 76 percent of Ho Chi Minh City’s HIV infections in 2021 were recorded among this group. Despite many achievements in the past 30 years, the city still faces multiple challenges and obstacles on the way to ending the HIV/AIDS epidemic by 2030. About 51,000-55,000 people are living with HIV in Ho Chi Minh City, occupying 24 percent of the country’s total tally, said Dr. Van Hung, head of the city’s HIV/AIDS … [Read more...] about MSM account for 76% of new HIV infections in Ho Chi Minh City: health department

Children from across Ho Chi Minh City have spent their first few weeks of summer visiting the children’s section of the General Sciences Library, located in downtown District 1, to read in a comfortable environment and participate in a variety of clubs and activities. Nguyen Ngoc Lan, a fifth grader from District 3, has spent nearly the entire week at the library eagerly reading books and participating in the dozens of activities hosted by staff and guests there, including storytelling sessions and advice on choosing new books to read. New books, new activities Lan did not have much love for reading when her mother first brought her to the library, but the time the young girl has spent making new friends and enjoying the library’s activities has turned her into a true bookworm with a particular interest in outer space and comics. Fourth grader Viet Quan and his sister, first grader Huong Thanh, have also been spending their mornings at the library. The siblings are … [Read more...] about A summer of fun and learning for Ho Chi Minh City children

Vice Chairman of the People’s Council of Ho Chi Minh City Nguyen Van Dung addresses the meeting (Photo: VNA) Dung affirmed that the meeting shows HCMC’s determination and hope to maintain the friendly and cooperative partnership between the two cities. Briefing the Chinese official on the socio-economic situation of the city, Dung said he hopes Shanghai will continue to organise short-term training courses for HCMC officials and share experience in areas of mutual interest. He briefed the Chinese official on major activities of the HCMC People’s Council, especially measures to speed up the socio-economic recovery and development after Covid-19, and expressed his hope to learn legislative experience from China in various fields. For his part, Chen noted that the partnership between Shanghai and HCMC, which was set up in 1994, has developed soundly in many areas. He lauded the potential of HCMC and the strong growth of Vietnam and the city in particular, and said he hopes to … [Read more...] about Elected bodies of HCMC, Shanghai foster partnership

Vice Chairman of the People’s Council of Ho Chi Minh City Nguyen Van Dung addresses the meeting (Photo: VNA) HCM City (VNA) – Vice Chairman of the People’s Council of Ho Chi Minh City Nguyen Van Dung and Vice Chairman of the Standing Committee of China's Shanghai Municipal People Congress Chen Jing had an online meeting on June 30 to discuss orientations to promote the partnership between their elected agencies. Dung affirmed that the meeting shows HCM City’s determination and hope to maintain the friendly and cooperative partnership between the two cities. Briefing the Chinese official on the socio-economic situation of the city, Dung said he hopes Shanghai will continue to organise short-term training courses for HCM City officials and share experience in areas of mutual interest. He briefed the Chinese official on major activities of the HCM City People’s Council, especially measures to speed up the socio-economic recovery and development after COVID-19 , and … [Read more...] about Elected bodies of HCM City, Shanghai foster partnership

Vietnam wants to learn from the experience of developed countries, including the U.K., in developing a financial center, National Assembly Chairman Vuong Dinh Hue told the Acting Mayor of the City of London Peter Estlin. He noted that the city of London was one of the biggest financial centers in the world. Hue met Estlin during his June 28-30 official visit to the U.K. Estlin said the U.K. was willing to partner with Vietnam at different levels, including developing a financial market and improving its business credit rating to grow the bond market. He also expressed support for a partnership between U.K. banks and Vietnamese counterparts to help Ho Chi Minh City become a financial center. In a draft plan published last February, HCMC seeks to establish an international financial center by 2030 with three main components: a monetary and banking market; a capital market; and a derivatives market. … [Read more...] about Vietnam seeks UK assistance for HCMC financial center

Always an alluring event for the engineering and manufacturing community On its 18 th return, MTA Vietnam 2022 - a prestigious international exhibition on machine tools, precision mechanics, and metalworking - will take place over four days from July 6 to 9 at the Saigon Exhibition and Convention Centre, 799 Nguyen Van Linh Road, District 7, Ho Chi Minh City. This exhibition is expected to provide value and interesting experiences for individuals and enterprises in the engineering and manufacturing industry. MTA Vietnam allures many enterprises and groups During their visit to the MTA Vietnam 2022 exhibition, attendees will have the opportunity to meet more than 250 prestigious exhibitors from within the country and 12 other nations and territories around the world that are considered the powerhouses of advanced technology such as Germany, the US, the UK, Japan, South Korea, Sweden, Switzerland, China, Singapore, Taiwan, Thailand, and Hong Kong, among … [Read more...] about MTA Vietnam: An exhibition of interest to the engineering and manufacturing community

Illustrative image (Photo: vtc.vn) HCM City (VNA) – Ho Chi Minh City has collected taxes and fines worth a total of 169 billion VND (7.26 million USD) from 38 individuals who earned incomes through Google in the first half of the year. They failed to file their tax returns in time, according to deputy head of the city tax sub-department Thai Minh Giao. One of them had to pay 31 billion VND in taxes and fines, said Giao, adding that three companies were also punished and ordered to pay 327 million VND in taxes and fines . Tax authorities have also found that many Vietnamese organisations and individuals that provided online services to foreign organisations did not submit their tax. Giao said that his office is exerting efforts to intensify dissemination and guide organisations and individuals involved in e-commerce to voluntarily fulfill their obligation of tax declaration and payment in accordance with regulations./. VNA … [Read more...] about HCM City collects 7 million USD of taxes, fines from people with Google incomes

Illustrative image (Source: VNA) Hanoi (VNA) - Though Vietnam is said to have certain advantages, to maintain sustained success, the country should be a diligent student of not only the upsides, but also the lessons learnt of other countries, said Moritz Kraemer, former Global Chief Ratings Officer of Sovereign Ratings Group at S&P Global and currently the Chief Economist, Head of Research of Landesbank Baden Wuerttemberg (LBBW). Speaking to Vietnam News Agency, the expert held that the world is in turmoil, and the old model of globalisation is severely tested as erstwhile reliable supply chains are ruptured and seem to refuse to heal. Moreover, inflation appears to be getting out of hand in much of the advanced economies as commodity prices soar and labor becomes increasingly scarce. Moritz Kraemer, former Global Chief Ratings Officer of Sovereign Ratings Group at S&P Global (Photo: VNA) He predicted that international companies will progressively search … [Read more...] about Vietnam remains a place of seemingly limitless promise: experts