PM hints at credit growth target expansion
HCMC – Prime Minister Pham Minh Chinh has hinted at expanding the credit growth target to maintain macroeconomic stability. The information was given during a meeting with voters of PM Chinh and the National Assembly deputies delegation of Can Tho City in the Mekong Delta on November 17. PM Chinh
Business-matching conference series kicks off in HCMC
HCMC – A series of business-matching conferences between HCMC and other localities kicked off at the Phu Tho Indoor Sports Stadium in HCMC yesterday afternoon, November 17, according to the local media. It comprises 500 booths of over 1,000 enterprises from 42 provinces and municipalities. Among
Investment options weighed for Con Dao Airport upgrade
HCMC – Deputy Prime Minister Le Van Thanh has requested the Ministry of Transport and relevant agencies to evaluate two investment options for expanding and upgrading the Con Dao Airport off the coast of Ba Ria-Vung Tau Province. The first investment option suggests the expansion project be
Vietnam sets US$27-billion footwear export target for 2023
HCMC – The country’s leather and footwear export revenue is expected to reach US$25 billion in 2022 and US$27 billion in 2023, according to the Vietnam Leather, Footwear and Handbag Associatiom (LEFASO). Footwear exporters booked US$2 billion in revenue in September, taking the total in the first
IDP allowed to resume IELTS tests from today
HCMC – The Ministry of Education and Training has issued a decision allowing IDP Education Limited to cooperate with IELTS Australia Pty Ltd to organize IELTS examinations within five years, starting from November 17. Candidates can take the IELTS tests of IDP at four locations across the country,
Additional 8,000 train tickets for Tet revelers
HCMC – The Saigon Railway Transport JSC has announced plans to launch an additional 15 trains with some 8,000 tickets for passengers who want to travel from HCMC to locations between Nha Trang and Hue cities in the central region. According to the Vietnam News Agency, the 15 more trains will serve
HCMC handles obstacles to aging apartment buildings
HCMC – The HCMC Department of Construction will team up with relevant departments and agencies to remove hindrances the old apartment buildings in the city relating to house rent calculation, temporary residence arrangement, compensation for rehabilitation and calling for investment. According to
Daklak to phase out elephant riding
HCMC – The Central Highlands province of Daklak has given the green light to a tourism project designed to protect the elephant population, the local media reported. Under a proposal of the Daklak Department of Planning and Investment, the provincial government approved a non-refundable aid
TC Group opens second Hyundai assembly factory
HCMC – TC Group and Hyundai have put the Hyundai Thanh Cong Manufacturing Vietnam Factory No. 2 into operation in the northern province of Ninh Binh. The facility, which covers over 50 hectares of land in the Gian Khau industrial park in Gia Vien District, is expected to turn out 100,000 Hyundai
Corporate bond sales plunge
HCMC – The bond market is going downhill, with a plunge in corporate bond sales volumes between January and October, the Ministry of Finance said in a recent report. Bond sales in the 10-month period dipped 25.2% over the same period in 2021 to VND328.9 trillion, with over half of the bonds being
HCMC airport expansion project to get 4.5 hectares of military land
HCMC – Around 4.5 hectares of military land will be handed over to the Airports Corporation of Vietnam (ACV) to develop the terminal T3 project at the Tan Son Nhat International Airport in HCMC. HCMC Vice Chairman Bui Xuan Cuong urged the land handover at a recent meeting on land for terminal T3,
Dong Nai’s industrial zones attract US$900 million of FDI in Jan-Oct
HCMC – The industrial zones in the southern province of Dong Nai reported US$900 million in new foreign direct investment (FDI) approvals, reaching 129% of the target. There are 23 foreign-invested projects in supporting industries, with total pledged capital of US$231 million. Most of these