Retail and distribution networks in HCM City last year grew strongly with home-made goods accounting for more than 90% of products on the shelves.
The country’s leading retailer, Saigon Co.op, has set itself a target of 13% sales growth this year.
HCM City wants to expand the use of online public services to simplify administrative procedures and reduce their cost for the public, vice chairman of the municipal People’s Committee, Tran Vinh Tuyen said.
The Vietnam High Efficiency Software (VHES) Corporation officially debuted on March 16, becoming the first high-tech startup enterprise formed under the integrated circuit (IC) industry development programme of Ho Chi Minh City.
The VietJet Aviation Joint Stock Company listed more than 300 million shares on the Ho Chi Minh Stock Exchange (HOSE) on February 28, becoming the first airline to debut on the southern bourse.
Ho Chi Minh City will create optimal conditions for Kuwaiti businesses to invest and develop in the city, stated Tran Vinh Tuyen, Vice Chairman of the municipal People’s Committee.
The management companies of Binh Dien, Thu Duc and Hoc Mon wholesale markets have asked HCM City authorities to adjust their “very outdated” management fees as they have had to compensate for losses.
HCM City’s Department of Tourism will focus on developing and marketing destinations to increase the number of foreign arrivals to the city to six million this year, officials have said.
The southern metropolis Ho Chi Minh City collected VND35 trillion (US$1.52 billion) for its coffer during January 2017, departments and agencies reported the municipal authorities during a working session on February 6.
A conference was held in Ho Chi Minh City on January 19 to discuss how to develop responsible tourism as part of efforts to achieve economic growth, preserve culture and protect nature.
Concerted efforts by all related sectors and stakeholders are vital to fully exploit Ho Chi Minh City’s tourism potential, city leaders said.
HCM City’s Department of Health has set up a hotline for the public to complain about food quality during Tet (Lunar New Year) as part of a campaign on food safety.
HCM City will apply information technology to reinvigorate its museum tours and bring museums to more viewers.
Official documents on paper will be replaced by digital documents in HCM City from next year as part of a public administration review.
HCM City plans to have a paper-free administration, digitising all documents in Government offices to streamline administrative procedures and reduce costs, a top leader has said.
The HCM City administration has received a proposal from a US-based company to develop a smart transportation system using US$300 million borrowed from investment bank Morgan Stanley.
Ho Chi Minh City expects to have more urban management projects with Lyon City of France, Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen told visiting member of the Council of Lyon City Max Vincent during a reception on September 12.
HCM City’s steering committee for the smart city project hosted a meeting on September 9 to approve a draft plan of the project, which aims to develop the southern metropolis into a smart city.
The Busan Bank (BS) of the Republic of Korea (RoK) opened its branch in Ho Chi Minh City on August 18.
Many US businesses have shown interest in investing in HCM City, Tran Vinh Tuyen, deputy chairman of the city People’s Committee, has said following a visit to the US at the head of a city delegation to promote trade and investment.