Hcm city weather

  HCM CITY — Renowned Vietnamese and foreign music producers, musicians, singers and bands will gather at the 1st HCM City International Music Festival from December 13-15. Hò dô (HOZO), the largest outdoor music show in HCM City, is organised by the city’s Department of Culture and Sports. Talented artists of HCM City will kick off HOZO, Huy Tuấn, the music and art director of the festival, said. Lê Thanh Tâm, one of the leading producers of the Vietnamese music scene, and the Saigon Pop Orchestra, along with singers Võ Hạ Trâm and Đức Tuấn and Oplus band, will open the festival, Tuấn said at a press meeting held on Monday (December 9). The event will feature performances in a variety of music genres, from jazz, pop and traditional music with high artistic quality, he added. City residents and tourists will enjoy an international music atmosphere with performances … [Read more...] about HCM City to host first international music festival

Cargo being handled at Cat Lai Port in HCM City’s District 2 (Photo: VNA) HCM City (VNS/VNA) - Ho Chi Minh City should draft a master plan to develop its logistics sector, said Pham Thanh Kien, Director of the municipal Department of Trade and Industry. Speaking at a conference held to discuss the development of the industry from now through 2025 recently, he said the city should learn from experiences in other countries and to develop the industry into one of its major sectors. HCM City should be developed into a logistics hub for the region, and the cost of logistics in Vietnam should be reduced to 16 percent of the country’s GDP (gross domestic product) by 2025, he said. Ho Thi Thu Hoa, Head of the Vietnam Logistics Research and Development Institute (VLI), said researchers for a project to develop the city’s logistics industry have carried out fact-finding tours of eight locations where the city’s logistics centres would come up. They include the Dong … [Read more...] about HCM City to build eight new logistic centres

A booth displaying industrial parts at the 2019 Vietnam Supporting Industry Fair, which is being held along with the Vietnam International Machinery Fair in HCM City from December 11 to 14. — VNS Photo The 2019 Vietnam International Machinery Fair and 2019 Vietnam Supporting Industry Fair opened in HCM City on December 11, offering opportunities for companies in the manufacturing and supporting industries to compare notes and explore business opportunities. Pham Thanh Kien, director of the city Department of Industry and Trade, said the two fairs feature 300 exhibitors from 12 countries and territories, including South Korea, Thailand, Japan, Singapore, the US, UK, China, Germany and Viet Nam. Thirty per cent of the 460 booths are displaying supporting industry products produced by Vietnamese companies and metal products and metalworking solutions, 25 per cent are showcasing automation solutions and motion control systems, industrial materials and components, and construction … [Read more...] about International machinery, supporting industry fairs open in HCM City

  A view of the HCM City skyline. The city’s revenue collection in the first 11 months has been impressive despite challenges. — Photo tripsavvy.com HCM CITY — The chairman of the HCM City People’s Committee has said it will be hard to meet revenue targets unless the legal problems faced by the construction industry are settled quickly.  Speaking at a meeting with the Ministry of Finance on Tuesday in the city, chairman Nguyễn Thành Phong said this year the city targets economic growth of 8.5 per cent, with the services sector accounting for more than 60 per cent of the US$60 billion economy.  The construction industry, which has a great influence on the budget revenues, achieved only 1.04 per cent growth this year, he said.  The biggest difficulty facing the industry today is the postponement of a great number of housing projects, and this would have a big impact on budget revenues, he said.  The … [Read more...] about HCM City leader says revenues could fall unless real estate problems are fixed

Resolution No 10/2017 of the municipal People’s Council, which seeks to encourage investment to transform the farm sector into a modern, efficient and sustainable one in 2017-20, provides for the subsidy. The loan amount entitled to the support will be based on the investment scale and the regulations of the lending organisation.  The subsidy will be equal to the average VND12 month deposit interest rate at four State-owned banks - Agribank, BIDV, Vietcombank, Vietinbank - plus 2%. If the lending interest rate is lower than the subsidy rate, the subsidy provided will be equal to the former. The subsidy will cover the following components: basic construction, machinery and equipment for agricultural production and processing, harvesting birds’ nest, buying new fishing vessels and upgrading machine capacity, replacing existing unproductive dairy cows, and seed and hi-tech agricultural production. The term of support will depend on the approved production cycle but not … [Read more...] about HCM City to pay interest for hi-tech farms