A leader of Ho Chi Minh City on January 17 expressed his hope that the World Bank (WB) will assist Vietnam’s southern economic hub to build an international financial centre.

Many hospitals in HCM City are carrying out programmes to help their patients enjoy the Lunar New Year season, or Tet, which falls on January 25.

Thanks to favorable weather, chrysanthemum fields in Khanh Hoa province are in full bloom, ready for the Lunar New Year festival. Locals are excited and looking forward to a bumper crop.

HCM City’s condominium recorded a significant fall in new launch supply and new pricing levels across the market in 2019, according to CBRE Vietnam’s latest report “Property Insight - Residential Market Outlook 2020”.

HCM City authorities have announced that the city will maintain land prices at the current rate for the next five-year period (2020-24) as approved by the People’s Council.

The Ho Chi Minh City People’s Committee held a New Year gathering with foreign representative agencies on January 15 to help strengthen the city’s friendship and cooperation with international friends.

On January 15, the WB and Ministry of Finance signed a financing agreement for a grant worth US$10.5 million to promote integrated urban development and transport connectivity along a new Bus Rapid Transit corridor in HCM City.

Associate Professor Dinh Trong Thinh of Academy of Finance talks about the important role of the private sector in the national economy.

The Government Inspectorate will announce the revised zoning boundaries of five adjacent quarters affected by the controversial Thu Thiem New Urban Area project in District 2, HCMC, ahead of the upcoming Lunar New Year.

The HCM City People’s Committee is calling for investment in the form of Public-Private Partnerships (PPP) to improve environmental conditions at three closed landfill sites.

The ban on motorbike traffic in the inner-city areas of Hanoi City in 2030 may pose challenges for the residents, the European Chamber of Commerce in Vietnam (EuroCham) said at the recent annual Vietnam Business Forum in Hanoi.

HCM City has applied measures to encourage business households to turn themselves into companies, but the results have not met expectations, according to the municipal government.

According to Nguyen Phuong Dong, deputy director of the HCM City Industry and Trade Department, many industrial production enterprises are shifting their investments to neighboring provinces instead of to HCM City.

HCM City hopes to reduce traffic accidents, fatalities and injuries by 5-10 per cent this year, People’s Committee chairman and head of the city Traffic Safety Board, Nguyen Thanh Phong, told a workshop on Wednesday.

Lack of quality social and technical infrastructure has caused problems for locals living in new residential areas, according to authorities.

Mitigating air pollution in Hanoi is a difficult task as pollutants are spread out in the air with no boundaries. Hanoi alone won’t be able to fulfill the task, scientists say.

New bridges and roads have helped ease the traffic congestion that used to occur frequently in some areas in HCM City.

Serious violations made by former leaders of the HCM City Party Committee should result in disciplinary action.

The process of urbanization has eaten into agricultural land in Ho Chi Minh City, however, a few flower villages remain and the traditional trade is contributing to the charm of Tet in the city.

Fullerton Leaders Summit (FLS), a summit focusing on entrepreneurship, leadership and business, will be organised in Viet Nam for the first time.