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HCMC bourse extends winning streak on blue-chip gains

The Ho Chi Minh City stock market Monday rose for a fourth straight day, gaining 1.74 percent, to 528.2, the highest since September 8, 2008, as blue chip gains gave it a boost.
Renumbering project stymied by unnamed streets

A pilot project to restore order to door numbers in four Ho Chi Minh City districts has run into the dead-end of unnamed streets and construction plans that could change the character of several others.
HEPZA: The support services for enterprises to be strengthened and developed

Most of enterprises have not really had adequate skills to set up the projects for bank loans and known how to reach the right place for help.
Power stays on after industrial park cries foul

The threat of a four-day power disruption has eased for companies based in the Hiep Phuoc Industrial Park in HCM City’s Nha Be District after the HCM City Electricity Co switched on a 22KV transmission line to supply power on July 23.
HCM City subsidizes lending rate for 26 projects

The HCMC Government has approved to offer subsidized lending rate for 26 investment projects of enterprises based in the city with total investment capital of about VND1.5 trillion (USD 833.33 mil).
Suspension of software park license looms

The US$1.2 billion Thu Thiem Software Park project underway in Ho Chi Minh City, touted as Vietnam’s biggest software center, is in danger of losing its investment license.
A waste of public land due to poor management

Preliminary statistics show that more than four million square metres of public land are abandoned and tens of millions more are not put into proper use in Hanoi and Ho Chi Minh city alone.
HCM City’s industrial production recovers

Total industrial production value in HCM City reached VND237,500 billion in the past seven months, up 4.8 percent from a year ago.
Hepza grants licences for representative offices

The HCM City Exporting Processing and Industrial Zones Authority (Hepza) has recently granted the business licences for Rich Demander Co, a subsidiary of CHI MEI Group, Taiwan with major business lines of trading chemicals, industrial plastic and paper.
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