Vietnam 

HCM City seminar promotes Vietnam-India tourism – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

K. Srikar Reddy, Consul General of India in HCM City, speaks at the seminar. — VNA/VNS Photo Viet Nam News HCM CITY — The Indian Consulate General in HCM City held a seminar on Wednesday to introduce the culture, tourism, cuisine and beautiful nature of India. The event, which drew representatives from the municipal Tourism Department, nearly 50 Vietnamese travel companies and those from India, was also a chance to promote tourism ties between the two countries. Addressing the seminar, Indian Consul General K. Srikar Reddy noted the Việt…

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Vietnam 

HCM City export processing zones need revamp as FDI drops – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Experts have recommended a number of measures to increase foreign direct investment (FDI) in HCM City’s export processing zones (EPZs) and industrial zones (IPs).      Infrastructure in the EPZs and IPs, most of which were set up in the 1990s, has deteriorated, especially wastewater treatment facilities. A number of centralised wastewater treatment systems, for example, have been found in violation of environmental regulations. In addition, many enterprises that want to expand their business face challenges as available land for rent in…

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Vietnam 

HCM City investment centre helps SMEs enter supermarket chains – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY – Startups and small businesses need to improve product design and quality assurance to gain entry to supermarket chains, speakers said at a workshop held on Tuesday in HCM City. Supermarkets are the top choice for consumers looking to buy essential products, stationery or household goods, followed by convenience stores, a representative of the HCM City Investment and Trade Promotion Centre (ITPC) said. Lê Thị Mai Linh, executive vice president of public relations and corporate social responsibility department at Central Group Việt Nam,…

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Vietnam 

Processing, packaging technologies exhibition opens in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — ProPak Vietnam 2019, an international exhibition on the processing and packaging industry, opened in HCM City on March 19 with a diverse range of products, technologies and solutions tailored for the food, drink, pharmaceutical, and FMCG sectors. The annual exhibition features over 540 exhibitors from 30 countries and territories, including eight international pavilions from Taiwan, Germany, Korea, Singapore, Thailand, China, and Italy. Among the exhibitors are ABB, Bosch Rexroth, Đại Chính Quang, Dong IL Machinery, Fuji Machinery, Ishida, NPC VINA, Mỹ…

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China 

Hong Kong shares gold for world’s most expensive city, alongside Paris and Singapore, survey says

Hong Kong and Paris are now tied with Singapore as the world’s most expensive cities to live, according to a survey by the Economist Intelligence Unit.Hong Kong moved up three places globally to join Singapore, which has been the world’s most expensive place to live for the last five years. It is the first time that three cities have been tied for first place in the survey.Paris, Singapore and Hong Kong are all 7 per cent more expensive to live than New York, the benchmark city. The Worldwide… Source link

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Vietnam 

More foreigners buying apartments in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY – More foreigners are buying apartments and investing in real estate in Việt Nam, especially in HCM City, with most of them coming from mainland China, Japan, Singapore and South Korea. Ngô Quang Phúc, general director of Phú Đông Group, said that since the amended Law on Housing 2014 took effect in 2015 the domestic property market has seen increased interest from foreign buyers. From 2008 to 2014, only 126 foreigners bought property in Việt Nam. In 2014, the Ministry of Construction…

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Home 

London's creative professionals are heading west to White City

[Sponsored Article] The former home of BBC Television in London, White City is earning a new reputation as a world-leading center for education, media, science and technology. £8 billion (HKD 82.6bn) in public and private investment is funding a spate of new developments and creating around 20,000 new jobs within the next five years, along with 6,000 new homes to meet the high demand from the influx of creative professionals to the area. In the past, creative development in London has… Source link

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Vietnam 

HCM City urges Samsung to open RD centre – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCM CITY — HCM City wanted Samsung Group to open a research and development centre in the city to take advantage of its skilled human resources, a local official said. Receiving General Director of Samsung Electronics Vietnam Choi Joo-ho on Thursday, Secretary of the municipal Party Committee Nguyễn Thiện Nhân congratulated Samsung on its production and business results in Việt Nam, saying the development of Samsung had contributed to Việt Nam-RoK relations. Nhân said HCM City was willing to create favourable conditions for the company to expand its investment and…

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Vietnam 

HCM City attracts over US$1 billion FDI investments in first two months – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Tân Bình Industrial Park in HCM City’s Tân Bình District. — VNS File Photo Viet Nam News HCM CITY — More than US$1.02 billion of foreign direct investment (FDI) was registered for projects in HCM City in the first two months of the year, according to the Ministry of Planning and Investment. In January, HCM City received registration for FDI of more than US$745 million, the largest amount of FDI for any locality in the country. It included $32.72 million investment in 68 new FDI projects, and…

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Vietnam 

City to host int’l telecom, IT and communications products and services expo – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Vietnam ICT COMM 2019, an international exhibition on products, services of telecommunications, information technology and communications, to be held in HCM City in June, will offer local and foreign companies a chance to network and explore business opportunities. In line with market trends, Vietnam ICT COMM 2019 will continue to focus on products and technologies that support enterprises involved in sectors such as manufacturing, trading, finance, banking and construction. Vietnam BROADCAST 2019, which is part of Vietnam ICT COMM 2019, will…

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