Ho chi minh city seaport

Experts think that HCM City authorities need to apply a special policy under Resolution 54 to amend existing policies to better manage quality of the air. A study about the air quality in HCM City carried out by the World Health Organization (WHO) found that the annual PM 2.5 fine dust concentration in Hanoi and HCM City is 28 mg per cubic meter, which is three times higher than the level recommended by the organization (10 mg per cubic meter). A study about the air quality in HCM City carried out by WHO found that the annual PM 2.5 fine dust concentration in Hanoi and HCM City is 28 mg per cubic meter, which is three times higher than the level recommended by the organization (10 mg per cubic meter). The HCM City Center for Environmental Monitoring and Analysis sometimes measures the suspended dust concentration at 847µg per cubic meters in the area of Huynh Tan Phat and Nguyen Van Linh Roads in district 7. The level is much higher than the standard level of 300µg … [Read more...] about HCM City needs new policy to reduce air pollution

Hosted by the city Department of Industry and Trade, the workshop was also attended by Chairman of the city People’s Committee Nguyen Thanh Phong and Deputy Minister of Industry and Trade Do Thang Hai. Speaking at the event, head of HCMC Institute for Development Studies Tran Hoang Ngan emphasized that major economic sectors which the city gives development priority to have no longer fitted the trend of Industry 4.0. If the city wants to maintain the growth momentum at over 7 percent in coming years, it needs to adjust priority industries as well as develop new industries to suit the trend. Specifically, pharmaceutical chemistry and plastics-rubber are sensitive to the environment and labor intensive, requiring large scale factories but not creating high added value. At present, the narrowing land fund in the city is rocketing rent. Hence, these two industries will suffer heavily competitive pressure. Other industries including garment and textile, leather and footwear, … [Read more...] about HCMC needs to adjust major industries: experts

Read what is in the news today. Politics -- The Ho Chi Minh City Union of Friendship Organisations (HUFO) held a get-together in the city on Friday to celebrate the 92nd National Day of Thailand (December 5). Society -- A deadly house fire on Vo Thi Nho Street in District 7, Ho Chi Minh City on early Saturday morning killed two women and a two-year-old child. Business -- A number of copycats of ST25, a variety of Vietnamese fragrant rice which was awarded the 'World's Best Rice' title this year, have shown up on the market in Ho Chi Minh City and the Mekong Delta region with unclear quality and origin, leaving consumers confused. -- The organizers of the sixth consecutive edition of ‘Online Friday’, an online sales program initiated by the Vietnam E-commerce and Digital Economy Agency since 2014 on every first Friday of December, estimated that the event has brought in VND2.5 trillion (US$108.6 million) by the end of Friday. -- Fahasa, a popular book distributor in … [Read more...] about Breakfast @ Tuoi Tre News – December 7

At the event (Photo: Saigon Times) - Many banks and finance companies have proactively adopted technologies to provide digital financial services, Nguyen Hoang Minh, a senior central bank official said. Speaking at a conference organised by Saigon Times newspaper in Ho Chi Minh City on December 5, Deputy Director of the State Bank of Vietnam (SBV)’s Branch in HCM City, said: “The country has seen a growth in population and internet and smart phone users, and banks and finance companies should take advantage to further develop digital services such as mobile and internet payments.” VNA … [Read more...] about Vietnam’s financial sector embraces digital era: conference

Prices of properties located near Ho Chi Minh City have increased by 10–20 percent since Tet (Lunar New Year), while in the city center they have increased by 10–25 percent on average, though in some places they have gone up by 60 percent. Many urban area projects are underway in the city such as Bien Hoa New City and Paradise Riverside, livening up the property market. Bien Hoa City’s land and property has been rising in demand and value due to ongoing infrastructure improvements, being adjacent to HCM City and fast economic growth. Photo: thanhnien.vn The city received USD 902.6 million worth of investment in the first half of the year, 141 percent higher than last year.  Due to the province’s ability to attract investments, many skilled local and foreign workers live in Bien Hoa, driving up demand for property. As a part of the southern key economic zone, the city has been growing steadily at 12-15 percent a year, with its industrial … [Read more...] about Bien Hoa property market booming