Vietnam 

HCM City promises to resolve difficulties faced by business sector – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A production line of a company at HCM City’s Tân Thuận EPZ. — VNS File Photo. HCM CITY — Erratic planning and other problems related to land use is hurting the business sector, according to the HCM City Department of Industry and Trade. The city has for long had a policy of shifting factories from residential areas in the inner city, but does not tell them to relocate to industrial parks (IPs) or export processing zones (EPZs). So, over the years, many have obtained licences from authorities to build factories…

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Vietnam 

HCM City lacks licensed truck, container yards – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCM CITY The number of private, unlicensed container and truck yards in HCM City’s districts 2 and 9 continues to increase because of a shortage of legal truck yards in the city. District 9 has about 127 private, unlicensed container and truck yards, mostly located along Hoàng Hữu Nam, Tăng Nhơn Phú and other streets, according to District 9 People’s Committee. Trần Khoa Nam, a resident in District 9, said the Hoàng Hữu Nam yard was recently upgraded, but many heavy vehicles travelling in the area had damaged the roads, increasing…

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Vietnam 

Indian giant proposes to build IT centre in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    HCM CITY — The Hindustan Computers Limited (HCL) from India plans to establish an information and technology (IT) centre in HCM City, which will provide training for about 10,000 IT engineers over the next five years. HCL Executive Vice President Sanja Gupta revealed the plan during a meeting with the city’s leaders last week, saying the southern economic hub had favourable conditions to develop his company’s project. He also spoke highly of the IT labour force in Việt Nam, describing it as an important factor to ensuring the success of IT services in the…

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Vietnam 

HCM City dept fosters growth of science and technology businesses – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Nguyễn Khắc Thanh, deputy director of the Department of Science and Technology, speaks at a conference on the development of businesses in the science and hi-tech sector . – VNA Photo Xuân Dự   HCM CITY – The Department of Science and Technology has been supporting the development of science and technology businesses with numerous programmes and State policies. During a conference held by the department yesterday in HCM City, Chu Bá Long, deputy head of the Technology Management and Technology Market unit under the department, said the…

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Vietnam 

Austrian Embassy opens Trade Office in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Representatives cut the ribbon to open Trade Office of the Austrian Embassy in HCM City. — VNA/VNS Photo HCM CITY — The Trade Office of the Austrian Embassy, which opened in HCM City on Thursday, is expected to help connect business communities of Việt Nam and Austria in the future. Addressing the opening ceremony, Harald Mahrer, president of the Austrian Federal Economic Chamber, said that HCM City is an ideal destination for investment in Southeast Asia, and more Austrian firms were seeking partnership opportunities in the city. The office will provide accurate and full…

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Vietnam 

HCM City should focus on hi-tech: seminar – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The automation workshop at the HCM City’s Hi-tech Park. — VNS File Photo Tiến Lực HCM CITY — HCM City should consider Industry 4.0 the basis of its development, and the Government should create favourable conditions for entrepreneurs to thrive, a seminar on promoting technology products heard in the city on Friday (May 10). Đào Hà Trung, chairman of the HCM City High Technology Association, told the seminar organised by the Department of Science, Technology and Environment that government agencies should adopt high technology in their activities. The department and other…

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Vietnam 

HCM City sees supply of houses, villas slump – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    A view of HCM City. Property consultants report a short supply of houses and villas in the city since the beginning of this year. – Photo Soha.vn     HCM CITY — Supply of landed houses and villas in HCM City is short since developers are wary of this segment due to high costs and extended procedures, experts said. Lê Hoàng Châu, chairman of the HCM City Real Estate Association, said in the last two years supply has stood at over 5,000 units a year, but has been…

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Vietnam 

HCM City hosts int’l screen printing, digital technology exhibition – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Visitors at the 2nd biennial Vietnam International Screen Printing & Digital Printing Technology Exhibition that opened yesterday in HCM City. — VNS Photo Thu Hằng HCM CITY — The latest technologies, machinery and equipment are on display at the 2nd Việt Nam International Screen Printing & Digital Printing Technology Exhibition that opened yesterday in HCM City. The biennial event is a platform for domestic and foreign companies to learn about top-notch technologies, methodologies and applications. The show is expected to welcome 10,000 visitors from many countries including Malaysia, Laos, Cambodia, Thailand,…

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Vietnam 

Annual Thai trade fair opens in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Visitors at Top Thai Brands, the biggest Thai trade fair in Việt Nam, that opened yesterday in HCM City. — VNS Photo Thu Hằng HCM CITY — More than 200 Thai firms are showcasing a wide range of branded products and services at Top Thai Brands, the biggest Thai trade fair in Việt Nam, which opened yesterday in HCM City. On display are apparel and fashion accessories, automobile and motorcycle parts, baby products, beauty and healthcare products, food and beverages, home appliances and household products, and airlines, tourism, education, and restaurant…

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Vietnam 

HCM City seeks $54 billion for investment projects – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Nguyễn Thiện Nhân, secretary of HCM City Party Committee, speaks at an investment conference held yesterday in HCM City. VNS Photo Bồ Xuân Hiệp HCM CITY — In an aim to attract more investment for much-needed infrastructure, HCM City is touting its efforts to become a digital- and knowledge-based economy with a highly skilled workforce. The city is currently seeking more than US$53 billion in investment for 210 projects in transport infrastructure, education, healthcare, tourism, trade and services, and sport and tourism. Speaking at a conference held yesterday in the…

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