Ho Chi Minh City is likely to achieve export value of USD 35.2 billion this year. Photo for illustration: vnmedia.vn The city accounts for 72 percent ofthe Southern Key Economic Zone’s total imports and exports and 19.4 percent of Vietnam’s. An import-export gateway for thesouthern region, a lot of the city’s imports make their way to neighboringprovinces such as Dong Nai, Binh Duong and Long An, often to serve productionfor exports. The provinces enjoy large tradesurpluses - Binh Duong USD 4 billion; Dong Nai USD 2 billion; Long An USD 500million. Pham Thanh Kien, head of theDepartment of Trade and Industry, said his department is boosting tradepromotion in key markets that buy more than USD 1 billion worth of goods suchas mainland China, Singapore, Taiwan (China),Thailand, and the Republic of Korea to reduce the trade deficit. It is developing a plan to enhanceexports in 2017-2020, he said. The plan would guide policy makingfor increasing export of high … [Read more...] about Ho Chi Minh City exports to top USD 35 billion in 2017
Ho chi minh city
Schizophrenic kills 6-yr-old boy in broad daylight in Ho Chi Minh City
A broad daylight murder occurred on a Ho Chi Minh City street on Sunday, when a man diagnosed with schizophrenia slit the throat of a six-year-old boy in cold-blood. Police in Ho Chi Minh City’s Tan Phu District have arrested Hoang Nhat Giang, 34, for the murder of six-year old N.H.V.Kh. Kh., who lived with his mother at a house on Trinh Dinh Trong Street in Tan Phu District, was on his way to a nearby grocer's at around 1:00 pm on Sunday when he was spotted by Giang – a neighborhood guard, whose job is to maintain safety and security in the area. According to eyewitnesses, Giang suddenly approached Kh. with a straight razor in his hand, held the boy down and slit his throat with the weapon. Managing only to run a few steps, Kh. then collapsed on the pavement and died from the fatal wound. After committing the brazen and unprovoked murder, Giang returned to his station across the street and locked himself inside. Kh.’s uncle and other locals, who had … [Read more...] about Schizophrenic kills 6-yr-old boy in broad daylight in Ho Chi Minh City
First river bus route in Ho Chi Minh City operates
NDO – Ho Chi Minh City’s first river bus route, from Bach Dang in District 1 to Linh Dong in Thu Duc district, offered officially services on November 25, after three months of technical and safety tests.Earlier, on August 21, at the Bach Dang Wharf in District 1 in Ho Chi Minh City, ThuongNhat Company - Owner of Saigon river bus Project organised the launching ceremony for the Saigon river bus Line 1.The new form of public transportation is expected to meet the increasing demand of local residents and help alleviate traffic congestion on the city’s streets.The route will be serviced free of charge for 10 days to encourage people to choose the new public transport type.Then, the fare is VND15,000 (US$0.66) per one-way trip, and free tickets for the elderly over 70 and children with a height of under one meter with adults.The 10.8 kilometer route has nine docks. The first wharf is Bach Dang; The last wharf is Linh Dong. Other wharfs include SaiGon Pearl in BinhThanh … [Read more...] about First river bus route in Ho Chi Minh City operates
Ho Chi Minh City gets its own rules
The National Assembly last week adopted a long-awaited resolution on specialised policies for Ho Chi Minh City, marking a historic breakthrough for the city to continue taking the lead in the Vietnamese economy.The resolution, the first of its type in Vietnam and scheduled to take effect on January 1, 2018, covers special regulations that are not available to other localities in the country. They give free reign to Ho Chi Minh City’s government to autonomously determine many important issues related to land management, investment, finances and budget, and more.One of the most startling policies concerns finances and budget. Specifically, the city is allowed to keep all of the money that arises from adjusting its revenue collection policies in order to invest into infrastructure development. Currently, this money must be contributed to the state budget.Moreover, the government will annually ask the National Assembly Standing Committee to allow it to give more money from state … [Read more...] about Ho Chi Minh City gets its own rules
Six-year-old stabbed to death in Ho Chi Minh City
Police in Ho Chi Minh City has arrested a security officer for allegedly killing a six-year-old boy. A security officer stabbed a six-year-old boy to death on Trinh Dinh Trong Street in Ho Chi Minh City on November 26 Hoang Nhat Giang, 34, who was a security officer at Ward 5 in District 11, was arrested on Sunday after stabbing an unnamed boy on Trinh Dinh Trong Street in Tan Phu District.According to police reports, the boy was walking to a shop which was opposite his home on Trinh Dinh Trong Street at 1 pm on November 26 when Giang saw him from his booth. Giang suddenly rushed to the boy with a knife and stabbed him in his neck. The boy died at the scene.Giang then ran to his booth and closed the door. The boy's uncle saw the incident and ran to the booth and was also attacked until local people managed to control the killer.Giang was then arrested by police and was said to have suffered from schizophrenic attacks for many years. … [Read more...] about Six-year-old stabbed to death in Ho Chi Minh City