Hcm city

The local real estate market has seen some changes thanks to the ‘Thu Duc City effect’. The apartment prices in the area have increased from VND30 million per square meter to VND45 million on average, a 45 percent increase in three years. Le Hoang Chau, chair of the HCM City Real Estate Association (HOREA), said the attractiveness of the Thu Duc City project lies in rapid infrastructure development and future programming. District 9, for example, has been invested in heavily to connect with the city centre and provinces in the southeast region. … [Read more...] about Thu Duc City set to be new growth pole for HCM City

The figures were announced at the meeting of the executive committee of HCM City Federation of Labour on July 23. In the first six months, a total of 15,200 firms had to scale down business, cut staff or go bankrupt. As a result, 150,000 employees were laid off, had their salaries cut or lost jobs. Most of them are in the service and manufacturing industry because of the lack of materials and customers. The city authorities, organisations and individuals have launched many programmes to help the employees to overcome difficult times. HCM City Federation of Labour supported over 18,000 members with individual payments of VND1.2m (USD52) each. They also encouraged landlords to lower rent for over 57,600 rooms and waive the fees for 200 rooms when firms had to scale down businesses. They also worked with the Department of Labour, Invalids and Social Affairs and the Vietnam Association of High-Quality Goods to provide 7,000 meals to the workers who lost their jobs due to Covid-19 from … [Read more...] about HCM City unions provide post-Covid-19 support

The chairman of its People’s Committee, Huỳnh Đức Thơ, instructed the Department of Health to take up with the National Steering Committee for COVID-19 Prevention and Control the huge differences in preventive measures taken by various provinces and cities. … [Read more...] about HCM City starts testing people coming from Đà Nẵng

“My shop used to open daily, from 5am to 5pm, and attracted 150 customers, not including dealers from rural districts. But now, everything is different. However, my business has survived,” said Trung, who has done his household business for 15 years at the market. … [Read more...] about Trade plummets at HCM City’s wholesale markets after second COVID-19 outbreak

Byeon also asked HCM City authorities to assist Busan entrepreneurs in travelling to the city as well as work for the resumption of the air route linking the two localities and the successful organisation of the upcoming ASEAN-Busan online trade programme./. … [Read more...] about HCM City, Busan to set up virtual inter-sector working group