HCMC seen cancelling two long-stalled waste treatment projects
HCMC – HCMC is weighing the revocation of two waste treatment plant projects in the city’s outlying district of Cu Chi with a total investment of over VND13 trillion as they have lagged behind schedule. HCMC Vice Chairman Bui Xuan Cuong told the municipal Department of Natural Resources and
HCMC to take back 11,000 square meters of land in District 10
HCMC – District 10 will take coercive measures to take back 11,000 square meters of land at 419 Le Hong Phong Street, according to a proposal presented by the HCMC Department of Natural Resources and the Environment. According to the Vietnam News Agency, Nguyen Tien Dung, deputy chief inspector of
HCMC opens new night food street in District 3
HCMC – HCMC has opened a new night food street, Nguyen Thuong Hien, which was officially put into operation on December 21. The street was opened to create employment for people after the Covid-19 pandemic and boost domestic and international visitor arrivals to HCMC. The street extends 368 meters
US$6.8 billion in remittances forecast to flow to HCMC this year
HCMC – Incoming remittances to HCMC are estimated to reach some US$6.8 billion this year, according to Nguyen Duc Lenh, deputy head of the State Bank of Vietnam branch in HCMC. Growth in remittance flows to the city in 2022 could be lower than the 2021 figure, but remained robust amid global
HCMC seeks to develop waterway tourism along with passenger transport
HCMC – HCMC has the potential to develop passenger transport in combination with waterway tourism, so it is seeking to build appropriate products to exploit this advantage. The city now has 101 waterway routes with a total length of 913 kilometers, which is convenient for developing waterway
HCMC sets 2023 budget collection of VND470,000 billion
HCMC – HCMC plans to obtain revenue of VND470,000 billion in 2023, up 21% from this year, according to a resolution on the state budget collection estimate and HCMC’s expenditure next year. In the eighth session of the 10th-tenure HCMC People’s Council, HCMC is set to collect VND1,287 billion
HCMC needs 25,000 workers by year-end
HCMC – The Center of Forecasting Manpower Needs and Labor Market Information HCMC (FALMI) has estimated that HCMC’s labor demand in the rest of this year would be around 23,000-25,000 people. Around 17,000 of them are needed in trade and service, almost 8,000 in construction and a small number in
HCMC plans to expand public bike rental service to neighboring districts
HCMC – HCMC is planning to trial 1,000 public bike rental services in Thu Duc City, districts 3, 7, Binh Thanh and Phu Nhuan. After one year of launching 500 public bikes in 43 spots in District 1, the service has been well received by users. At a meeting with the Netherlands Consulate General,
HCMC cancels 169 long-delayed housing projects
HCMC – Cracking the whip against delayed projects, HCMC canceled 169 out of 357 long-delayed housing projects. At the eighth session of the 10th-tenure HCMC People’s Council, Nguyen Toan Thang, director of the Natural Resources and Environment Department, said that the department had joined hands
Hiring demand in HCMC forecast at 320,000 workers next year
HCMC – Enterprises in HCMC are forecast to recruit 300,000-320,000 new employees if the global economy bounces back, according to the Center of Forecasting Manpower Needs and Labor Market Information (FALMI). The demand for new employees will depend on different scenarios of the global economy
HCMC wants 17 public-invested projects suspended
HCMC – The HCMC People’s Committee has proposed suspending 17 long-delayed public-invested projects to save over VND1,400 billion for more important ones. On December 7, the HCMC People’s Council began its eighth and year-end session to review and discuss key factors for the city’s development. As
HCMC wants to restore historic Ba Son Shipyard
HCMC – HCMC has proposed restoring the historic Ba Son Shipyard, with an estimated investment of some VND230 billion. The HCMC’s People Committee has sent an urgent official document to the Ministry of Culture, Sport and Tourism, seeking an appraisal for the project to restore the Ba Son Shipyard,