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High-quality Vietnamese goods fair opens in HCM City

A trade fair on high-quality Vietnamese products is taking place at the Phú Thọ Stadium in HCM City’s District 11.
Ho Chi Minh City officials approve of 15,000ha ‘New City’ in Cu Chi

Authorities in Ho Chi Minh City have expressed their support for a mega-project that will include a so-called ‘New City’ and span over 15,000 hectares in the northern part upon completion.
Nipro to pour US$300 million in HCMC

Japanese medical device producer Nipro plans to pour US$300 million into a project to build a dialysis equipment manufacturing plant in Vietnam, according to Nikkei Asian Review.
HCMC budget revenues up 10% in January

Budget revenues of HCMC reached VND33 trillion (US$1.45 billion) last month, a 10% year-on-year increase, city chairman Nguyen Thanh Phong told a conference last week.
HCMC banks rush to lure overseas remittances

Banks in HCMC are putting on a variety of promotional programs to attract overseas remittances flowing into the city ahead of the Lunar New Year holiday, or Tet, said the news site baohaiquan.vn.
HCM City targets 50,000 new firms in 2017

HCM City hopes to incorporate 50,000 new companies this year (2017) so that there are 500,000 operational ones by 2020, Chairman of the city People’s Committee Nguyen Thanh Phong has said.
HCMC lists top 10 achievements of 2016

The government of HCMC on December 29 announced the top 10 socio, economic and political achievements which have left positive effects on the city’s economy and improve the living standards of local residents.
FDI in City industrial zones halved

Industrial zones in HCM City hope to attract investments worth US$500 million next year, according to the HCM City Export Processing and Industrial Zones Authority.
Nine-storey car park at Lam Son Square deemed inappropriate

A nine-storey parking building has been proposed at Lam Son Square, just behind the landmark Opera House, to address the huge need for parking space in downtown HCMC, but the municipal transport authority has described it as inappropriate.
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