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Foreign lenders provide more funding for second metro line in city

The Asian Development Bank (ADB), the European Investment Bank (EIB) and the German Development Bank (KfW) have agreed an additional US$725 million loan for HCMC to implement Metro Line No. 2.
Tan Son Nhat Airport to have US$283-million expansion

Vietnam’s largest airport Tan Son Nhat, which is operating above its designed capacity, will be expanded over the next five years at a cost of VND6.4 trillion (US$283.12 million), local authorities has recently announced.
City mulls IP for supporting industries

Saigon Agriculture Incorporation, or Sagri, has proposed the city government a plan to invest nearly VND1 trillion in developing an industrial park (IP) for enterprises in supporting and food processing industries.
HCM City’s property projects attractive to FDI

Foreign companies registered more capital for projects in the real estate sector in HCMC than other sectors in January-August.
Construction begins on HCM logistics centre

Transimex-Saigon Joint Stock Company (TMS) started construction of a new hi-tech bonded warehouse and logistics centre in HCM City on August 2015
HCMC asked to speed up work on first metro line

Deputy Minister of Transport Nguyen Ngoc Dong has urged HCMC to accelerate construction on the underground track of Metro Line No. 1 to ensure it is up and running in 2020.
Ho Chi Minh City seeks US$900m for wastewater treatment plants

The municipal administration is considering borrowing nearly US$900 million from the Asian Development Bank for building four new wastewater treatment plants.
Foreign investment in HCM City picks up in first two quarters

Ho Chi Minh City, Vietnam’s largest economic hub in the south, has attracted US$ 1.2 billion in foreign direct investment (FDI) in the first six months of the year, up 12.2 percent compared to the same period in 2014.
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