Ly Son Island seen becoming coastal city
HCMC – Ly Son, an island district off the central province of Quang Ngai, is expected to be developed into a city with an airport and a seaport by 2045 to boost local tourism growth. According to the adjusted master plan on the development of the Dung Quat Economic Zone by 2045, signed on February
Tunnel construction proposed at Hoang Lien Pass to connect Lao Cai and Lai Chau
HCMC – A tunnel with an altitude of 2,000 meters connecting Lao Cai and Lai Chau provinces will be constructed to replace the dangerous 22-kilometer pass on National Highway 4D, shortening the travel time from nearly two hours to 11 minutes. Deputy Prime Minister Tran Hong Ha on February 2023
New foreign investment approvals soar in HCMC in Jan-Feb
HCMC – Fresh foreign direct investment approvals in HCMC in the first two months of 2023 totaled US$332.3 million, up 43.1% year-on-year, showed data from the HCMC Statistics Office. During the two-month period, 101 projects were approved from the city, with total registered capital of US$97.7
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Danang int’l fireworks festival to make comeback in June
HCMC – The 2023 Danang International Fireworks Festival (DIFF 2023) will be organized from June 3 to July 8 after a three-year suspension due to the Covid-19 pandemic. Sun Group said on March 1 that it would join hands with the Danang government to host the fireworks festival by the Han River. The
Wyndham Grand Cam Ranh launches package for family
HCMC – Those looking for accommodation for a family vacation can opt for Wyndham Grand Cam Ranh Resort, nestled on the peaceful Cam Ranh Peninsula. The resort has 327 deluxe rooms, suites, and villas inspired by a contemporary design with smart installation art to allow natural light and fresh air
FLC Group gets new general director
HCMC – Le Tien Dung, board chairman at FLC Faros Construction JSC (FLC Faros), a subsidiary of FLC Group JSC, has been picked as new general director at FLC Group with effect from today, March 2, replacing his predecessor Bui Hai Huyen. Dung, 46, has many years’ experience in the electricity
Int’l expo for horticultural, floricultural production opens in HCMC
HCMC – The fifth International Exhibition and Conference for Horticultural and Floricultural Production and Processing Technology (HortEx Vietnam 2023) is taking place at the Saigon Exhibition and Convention Center (SECC) in District 7 from March 1 to 3. The exhibition is being organized by the
Vo Van Thuong elected State President of Vietnam
HCMC – The National Assembly (NA) elected Permanent Member of the Party Central Committee’s Secretariat Vo Van Thuong as State President of Vietnam at an extraordinary session in Hanoi today, March 2. Some 98.38% of all NA deputies voted for Thuong, 53, to serve as Vietnam’s new head of state in
Agri-product shipments through Lao Cai border gate turn tough
HCMC – The volume of agricultural products exported to China through the Lao Cai border gate stood at only 50% of pre-pandemic levels due to slow customs clearance. The Chinese authority still imposes special requirements for goods transfers across the border, which slows down the speed of goods
Further extension proposed for 2023 tax payments
HCMC – The Vietnam Chamber of Commerce and Industry (VCCI) has proposed the six-month extension beyond the end of this year for settling all tax liabilities in 2023. The VCCI made the above proposal in its feedback to the Ministry of Finance, contributing to the finalization of a draft decree on
Manufacturing business conditions improve in February
HCMC – The Vietnamese manufacturing sector has seen a pickup in new orders, leading to higher output, employment and purchasing activity. The S&P Global Vietnam Manufacturing Purchasing Managers’ Index (PMI) was 51.2 in February, ending a string of contractions and up 3.8 points from 47.4 in