According to Director of the city’s Department of Planning and Investment Su Ngoc Anh, the nine-month GDP totaled VND 903.6 trillion, a 7.8 percent growth from the same period last year, while budget collection reached VND 269.1 trillion, up 9.8 percent. Total retail and service revenues in the period stood at VND 769.3 trillion, an increase of 12.8 percent. Export earnings were USD 28.2 billion, up 7.7 percent while spending on imports were USD 34.8 billion, up 10.5 percent. A corner of HCM City The city attracted USD 5.47 billion in foreign investment, and welcomed 5.45 million foreign visitors in the nine months. In the remaining time of the year, the municipal People’s Committee has instructed the trade and investment promotion center to continue supporting local businesses in expanding both domestic and export markets. The center is also asked to intensify promotional efforts to attract investment in projects within the … [Read more...] about HCM City keeps up efforts to fulfill yearly targets
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Photo exhibition on Vietnam and Cuba’s close bond opens in HCM City
Addressing the opening ceremony, Nguyen Van Manh, vice president of the HCM City Union of Friendship Organizations (HUFO) said despite the great geographic distance, Vietnam and Cuba share a lot of similarities in ideology, symbolizing through the images of two leaders: late President Ho Chi Minh and President Fidel Castro. Photos at the exhibition feature long lasting traditional ties of friendship, solidarity and cooperation between the two countries, said Mr Manh. Indira Lopez Arguelles, Cuban Consul General to HCM City, said the exhibition aims to promote the image of Cuba, further tighten bilateral ties and honour women of the two countries on the Vietnamese Women’s Day (October 20). The event which will run until October 30th displays 68 documentary photos of important landmarks in Vietnam and Cuba bilateral ties. Pictures of exchange visits from Party and State leaders of the two countries and photos of Vietnamese and Cuban women and children with two beloved … [Read more...] about Photo exhibition on Vietnam and Cuba’s close bond opens in HCM City
HCM City International chemical industry exhibition to draw 150 stands
On display will be fertilizers, pesticides, paints and coating materials. The latest and most advanced technologies, machinery and equipment to serve the chemical, weaving and dying industries will be on show. The expo will offer a good opportunity for domestic and foreign businesses to meet their customers and grasp the ever-growing needs and demands in the industry while absorbing as much information as possible about the investment situation in Vietnam. Within the framework of the event, the Plantation Protection Department under the Ministry of Agriculture and Rural Development and the Vietnam Chemicals Agency under the Ministry of Industry and Trade in coordination with many business associations will organize informative seminars and talks on the chemical industry, paints and coating materials. There will also be the opportunity for attendees to go on conducted tours of industrial zones and manufacturing factories in HCM City and neighbouring provinces. The annual expo has become … [Read more...] about HCM City International chemical industry exhibition to draw 150 stands
HCM City’s Thủ Thiêm Tunnel reopened to traffic
Traffic piles up on Nguyễn Cơ Thạch Street on Monday morning. — VNA/VNS PhotosViet Nam News HCM CITY — Thủ Thiêm Tunnel in HCM City has been reopened to traffic following a temporary closure earlier on Monday morning. The tunnel was shut after a truck carrying oranges crashed into scaffolding near the entrance to the tunnel in District 2. The incident caused the scaffolding to collapse and a motorcyclist was thrown from his vehicle. The rider was taken to hospital for emergency treatment. Police are currently searching for the driver of the truck, who fled the scene after the incident. The accident caused traffic to grind to a halt for hours in surrounding areas, including on Nguyễn Cơ Thạch Street, Thủ Thiêm Bridge and Nguyễn Hữu Cảnh Street. The tunnel, running under the Sài Gòn River in HCM City, is 1.49km long, 33m wide and 9m high. It has six lanes which can carry around 45,000 … [Read more...] about HCM City’s Thủ Thiêm Tunnel reopened to traffic
HCM City keeps up efforts to fulfil yearly targets
A corner of HCM City (Photo: VNA) HCM City (VNA) – Ho Chi Minh City has basically fulfilled socio-economic targets for the first three quarters of 2018 but efforts must be kept up if the city wants to meet the yearly goals. According to Director of the city’s Department of Planning and Investment Su Ngoc Anh, the nine-month GDP totalled 903.6 trillion VND, a 7.8 percent growth from the same period last year, while budget collection reached 269.1 trillion VND, up 9.8 percent. Total retail and service revenues in the period stood at 769.3 trillion VND, an increase of 12.8 percent. Export earnings were 28.2 billion USD, up 7.7 percent while spending on imports were 34.8 billion USD, up 10.5 percent. The city attracted 5.47 billion USD in foreign investment, and welcomed 5.45 million foreign visitors in the nine months. In the remaining time of the year, the municipal People’s Committee has instructed the trade and investment promotion centre to continue supporting … [Read more...] about HCM City keeps up efforts to fulfil yearly targets