News

The Vietnamese Government prioritises capable and prestigious contractors for the state’s transport projects, Deputy Prime Minister Trinh Dinh Dung said at the National Assembly’s Q&A session on June 5.

HCMC is inviting tenders to select consultants for waste-to-energy projects, but instead of undergoing lengthy procedures, the city leadership wants to shorten the process to build waste-to-energy plants as soon as possible.

HCMC Chairman Nguyen Thanh Phong has asked the municipal Department of Planning and Investment to remove bottlenecks for projects prioritized by the city for investment to accelerate their progress.

Ho Chi Minh City has attracted $2.77 billion in foreign direct investment from January until May, up 49 percent year-on-year.

Viet Nam has a double advantage. It can be both a consumption market for, and a manufacturing partner of Italian companies in the age of Industry 4.0, said Italian Prime Minister, Giuseppe Conte.

Vietnamese shares gained slower on Wednesday afternoon as a lack of supportive information and worries about global economy recession weighed on the market sentiment.

Around 99 per cent of import and export tax payments in HCM City are made online, according to the customs department. Switching to online payment has reduced work for customs officers and helped businesses save time and cost.

HCMC – Promoting Vietnam’s popular destinations and tour activities at source markets, especially China, is one of the solutions suggested by Minister of Culture, Sports, and Tourism Nguyen Ngoc Thien to boost the growth of the country’s tourism sector.

In an effort to become more attractive to investors and feature more modern infrastructure, Ho Chi Minh City is intensifying development of its urban real estate market. Quynh Chau reports.