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Preferential policies attract new businesses to HCM City

As many as 185,000 businesses had been licensed in Ho Chi Minh City by the end of last year, five times the figure in 2006, according to Nguyen Van Ranh, head of the municipal Party Committee’s Public Relations Department.
HCM City continues to invest in maritime border areas

The Ho Chi Minh City People’s Committee held a conference on January 5th to summarize 10 years of the implementation of Decree 161/NĐ-CP issued by the Government on December 18th, 2003, on Regulations on maritime border areas.
HCMC export turnover shows substantial increase

Ho Chi Minh City export turnover in 2012 increased by 7.36 percent since last year, to touch US$30.25 billion, said Huynh Khanh Hiep, deputy director of the Department of Industry and Trade, at a meeting in December 2012 to review the present export status and to plan for 2013.
HCM City performs well in tricky year

HCM City encountered more challenges this year than the previous year because of economic uncertainty locally and worldwide, a report from the HCM City People’s Committee stated.
City to build Danish active house

Local architecture, design and construction firms will introduce energy-saving building materials via the Danish active house which is set to be developed at Quang Trung Software City next year.
HCM City to have new water plant

Saigon Clean Water and Investment Joint Stock Company will next month develop Thu Duc 3 water plant having a capacity of 300,000 cubic meters per day in Linh Trung Ward, HCMC’s Thu Duc District.
Ho Chi Minh City nears double-digit growth

Ho Chi Minh City’s economic output is expected to rise by 9.2 per cent this year to VND595.37 trillion (US$28.3 billion), according to the municipal People’s Committee.
City infrastructure projects struggle to find investors

Infrastructure projects under the formats of build-operate-transfer (BOT), build-transfer (BT) and public-private partnership (PPP) in HCMC now are facing difficulties as investors are shying away due to concerns over low business efficiency.
SHTP attracts two more high-value projects

The management board of the Saigon High Tech Park (SHTP) on Wednesday handed investment certificates to two new projects in the park with total pledges of nearly US$20 million.
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