VND120-trillion package for social housing sees few takers
HCMC – Though things are ready for the rollout of a soft loan package worth VND120 trillion, disbursement has been far slower than expected as there are almost no takers, said banks. They were speaking at a recent conference on bank credit and the implementation of Circular 02/2023. Phung Thi
HCMC to close inner-city streets for Reunification Day celebration
HCMC – Many inner-city streets will be closed to traffic on the evenings of April 28 and 30 to make room for the city’s Reunification Day celebration, said the HCMC Department of Transport. Vehicles will be banned from entering Nguyen Hue Boulevard, the section from Le Loi to Ton Duc Thang
Vietnam's largest Mercedes-Benz dealer reduced profits dozens of times
In the first quarter, the profit of Haxaco, Vietnam's largest authorized Mercedes dealer, only exceeded 5 billion, 12 times lower than the same period last year.
Thai Binh inaugurates 1,200-MW thermal power plant
HCMC – The 1,200-MW Thai Binh II thermal power plant in the northern province of Thai Binh was inaugurated today, April 27, with Prime Minister Pham Minh Chinh attending the ceremony, according to the local media. The power station covers a total area of over 131 hectares in My Loc Commune, Thai
US$2.5 billion poured into VinFast
HCMC – Vietnamese conglomerate Vingroup and Chairman Pham Nhat Vuong have signed a deal to invest US$2.5 billion in electric vehicle manufacturer VinFast next year. Vuong will contribute US$1 billion to VinFast while Vingroup JSC will sponsor US$500 million and also provide VinFast with a loan of
Local restaurant wins Thai SELECT Signature Award
HCMC – Am Dang Typhoon Restaurant in District 1, HCMC has got the Thai SELECT Signature Award from the Royal Thai government for its authentic Thai cuisine. The award ceremony was held yesterday, April 26, with the participation of Keerati Rushchano, permanent secretary of the Thai Ministry of
Vietnam approves first traditional Covid-19 medicine
HCMC – Sunkovir is Vietnam’s first traditional medicine for treatment of the coronavirus disease to be licensed for circulation nationwide by the Ministry of Health from April 12 this year. At a seminar, “Effectiveness of traditional medicine products in preventing and treating the Covid-19 and
"Red address" in HCMC: A hotspot for global Visitors
The "red address" is usually associated with the tourism industry, which initially only attracted domestic tourists, such as veterans, students, revolutionary families, and martyr relatives. However, this type of tourism has recently become increasingly attractive in Ho Chi Minh City. It
Vietnam's economy expected to surge 6.5% in 2023: OECD report
The Organization for Economic Cooperation and Development (OECD) predicts that Vietnam's economy will steadily grow, with a gross domestic product (GDP) of 6.5% in 2023 and 6.6% in 2024.
HCMC proposes piloting EV service for city tours
HCMC – The HCMC Department of Transport has proposed a pilot project to use electric vehicles for city tours. The Saigon Public Transport Company would operate 200 EVs, with each carrying 5 to 14 passengers around the downtown area, if approved. At first, the plan is to operate 70 EVs that can
Nam A Bank donated 10 billion VND to build bridge in Long An province
In April 2023, Nam A Bank implemented a series of practical programs such as building bridges, planting trees to protect the environment, giving houses, etc., to celebrate the Hung king anniversary, the anniversary of 48 years since our country united and International Labor Day.
A 40 hectares international marina on Nha Trang Bay is going to be put into operation
On April 19, Ana Marina Nha Trang Joint Stock Company held a ceremony to announce the trial of Ana Marina international marina.