HCMC wants to build two more bridges with Dong Nai
HCMC – The HCMC Department of Transport has proposed building Dong Nai 2 and Phu My 2 bridges linking the city with neighboring Dong Nai Province to enhance traffic and economic connectivity between the two localities. Under the proposal sent to the municipal government, Dong Nai 2 will connect
Vietnam’s wood exporters to EU seen facing challenges
HCMC – Vietnam’s wood exporting firms will encounter challenges in shipping their products to the European Union (EU) market when the EU’s new regulations banning the import of agro-products linked to deforestation are approved in the coming time. The new regulations will require exporters of
Boosting Vietnam’s economic prospects through digitalization
HCMC – Vietnam has been one of the top performing economies in the Asia-Pacific region in recent years, growing at around 8% in 2022. The country’s prudent economic policies have resulted in a prolonged period of high growth, price stability, and low public debt ratios. Having undertaken
Foreign investors return to Vietnamese stocks
HCMC – Though Vietnam’s benchmark VN-Index was down over 33% in 2022, foreign investors have recently injected capital into the market, reversing a three-year stock-selling streak. During the first trading week of 2023, foreign investors pumped over VND1,720 billion into Vietnamese shares despite
Toll collection on National Highway 51 set to stop this Friday
HCMC – The Department for Roads of Vietnam has informed the Ministry of Transport of its decision to suspend toll collection on National Highway 51 which links Dong Nai and Ba Ria-Vung Tau provinces, reported the local media. Toll collection on the busy highway was earlier planned to be stopped on
Shorter fuel price adjustment cycle proposed
HCMC – The Ministry of Industry and Trade (MOIT) has proposed shortening the fuel price adjustment cycle to seven days from the current 10. Fuel prices would be revised every Thursday, except for the first three days of Lunar New Year, the ministry said in its draft decree amending and
PM urges Covid vigilance as new variants emerge
HCMC – The prime minister has ordered cities, provinces and relevant departments to stay vigilant against Covid-19, especially at border gates, as new variants of the coronavirus have emerged. People entering the country from nations and territories hit by new and dangerous Covid variants should
Air tickets nearly sold out ahead of Tet
HCMC – Air tickets on many domestic flight routes have nearly been sold out before the Lunar New Year holiday, Tet, with seat occupancy reaching 90-100%, as travel demand picks up, according to the Civil Aviation Authority of Vietnam. Flights from HCMC to other regions, such as Danang, Haiphong,
US$9-billion HCMC-Can Tho Railway project under preparation
HCMC – The Ministry of Transport has assigned the Vietnam Railway Project Management Board to make preparations for the HCMC-Can Tho Railway project with an estimated cost of US$9 billion. The railway, starting at An Binh station in Binh Duong Province to Can Tho station and passing through six
CAAV proposes local carriers add planes to meet demand
HCMC – The Civil Aviation Authority of Vietnam (CAAV) has proposed local airlines increase the number of their aircraft to the pre-pandemic level of 234 to meet the rising travel demand. Under the proposal sent to the Ministry of Transport, CAAV said that the increase in planes is necessary to
New Omicron subvariant detected in HCMC, Tay Ninh
HCMC – XBB, a new Omicron subvariant, has been found in HCMC and neighboring Tay Ninh Province. The situation might turn complicated in the coming time, as the loosening of Covid-19 measures in many countries could lead to a spike in infections, and the virus might continue to evolve, said the
Forty-five businesses honored at third HCMC Brand Award
HCMC – The HCMC Department of Industry and Trade and the Saigon Times Group co-organized the third HCMC Brand Award ceremony yesterday, January 6, to honor 45 businesses in the city for their efforts and success in brand building. The 45 winners are leading and prestigious enterprises in their