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At the age of 50, Ly decided to look for another job although she knows it won't be easy, especially as employers in the service sector are streamlining personnel and struggling to survive. “The only job I can find now is working as a part-time domestic helper,” she said. … [Read more...] about Wages cut amid pandemic, HCM City’s labourers have their burdens shared

HCM City to connect surveillance cameras to centralized monitoring system District-level authorities and departments in HCMC will connect surveillance cameras in the city to a centralized monitoring system, in addition to consulting with contractors on the creation of a smart urban monitoring center. … [Read more...] about HCM City: Surveillance cameras installed to prevent violations

HCM City (VNS/VNA) – Ho Chi Minh City’s administration has approved a policy of compensation and resettlement for households in a 4.3ha area located outside the original boundary of the Thu Thiem new urban area project in the city’s District 2. Under the policy, more than 330 households will be eligible for different levels of compensation in exchange for land in resettled areas. Accordingly, households that have sufficient legal documents of ownership of the acquired land will be compensated with new land lots of the equivalent size.  Households that lack sufficient legal documents of ownership of the acquired land but resided on land lots prior to October 1993 will receive new land lots of up to 200 square metres. Besides, they will be compensated for only 30-40 percent of the acquired land (100sq.m of land in the 4.3ha area will receive 30-40sq.m of residential land in the … [Read more...] about HCM City approves compensation plan for Thu Thiem residents

HCM City (VNS/VNA) – Ho Chi Minh City has decided to convert some 20,000 square metres of public land into residential land to resettle nearly 200 households in the Thu Thiem new urban area whose lands it wrongfully took over. The management of the urban area said 198 households in Binh Khanh ward and some neighbouring areas have the legal deeds that make them eligible for the land plots within the area. They are allowed to build a maximum of four floors. The city People’s Committee has instructed the management to complete infrastructure like electricity, water supply and sewage system before handing over the land to the resettled households. They lived on a 4.3ha area outside the originally planned Thu Thiem new urban area, but “the city government illegally took their land”, according to the Government Inspectorate. Recently, the city approved compensation and resettlement for more than 330 households whose lands have been acquired, … [Read more...] about HCM City to use 20,000sq.m of public land to resettle Thu Thiem residents

Compared to other cities in Southeast Asia and its neighbouring provinces, HCM City’s property market has remained attractive due to the short supply and imminent price hike. The inventory in the luxury apartment market in HCM City is now 700 compared to 30,000 in Bangkok and 8,300 in Singapore. … [Read more...] about Residence-hotel complexes attract HCM City’s expats