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Update news hcm city news
The hotel industry in HCM City is facing significant challenges with a wave of hotels in the city put up for sale at deep discounts amid the ongoing economic recession and sluggish tourism market.
Vietnam's economic spearhead HCM City is planning to implement policies supporting business recovery in the face of ongoing challenges, with a focus on an investment stimulus programme.
With a majority of votes in favour, the National Assembly on June 24 passed a resolution on specific development policies for Ho Chi Minh City, the country’s largest economic and financial hub.
HCMC is gearing up to become a smart tourism destination by incorporating virtual reality technology, planning to install virtual travel booths in the city to showcase tourist sites and provide travelers with easy access to travel information.
Almost 900 unauthorised rubbish dumps have been cleaned up and 243 of them have been converted into parks and vegetable gardens, according to the municipal Department of Natural Resources and Environment.
Healthcare and medical tourism products in Ho Chi Minh City are based on a system of 131 hospitals, both public and private.
Looking for a niche market and building a sandbox with breakthrough policies can be a pathway to help gradually turn HCMC into an international financial center capable of supplying cross-border financial services.
Ho Chi Minh City is facing challenges to realise its yearly growth target of 7.5%, as the rates recorded in the first and second quarters failed to meet expectations.
Ho Chi Minh City housing is among the least affordable in the Asia Pacific region with a median home price representing 32.5 times the median annual household income, said a report by Urban Land Institute (ULI).
The resolution on piloting several policies specifically designed for HCMC is receiving the special attention both in and outside the National Assembly.
Climate change, a rising population and excessive exploitation of groundwater are putting pressure on the clean water supplies of Ho Chi Minh City, experts have warned.
Ho Chi Minh City is embarking on an ambitious endeavour to transform into an international financial centre, facing complex challenges while exploring global demand and collaborative opportunities as a flourishing financial hub.
Two foreigners are suspected of having graffitied a train on the Ben Thanh-Suoi Tien metro route.
Thousands of apartments in Ho Chi Minh City under state management have been left deserted for years. After many years, these apartments deteriorated, wasting thousands of billions of Vietnamese dong.
Better recruitment policies are expected to be the key to the outstanding development of HCM City.
HCM City has achieved good resultes in cultural growth a year after launching the project called “Hồ Chí Minh Cultural Space”.
The rains at the beginning of the rainy season in HCM City have not been heavy, but they have been enough to inundate many streets and residential quarters.
HCM City is making efforts to promote digital transformation in the collection, treatment and management of the huge volume of domestic solid waste discharged daily.
The tourism authority of HCMC is working on a plan to promote waterway tourism along the Saigon River by 2025.
The Ho Chi Minh City Department of Tourism held a conference on May 31 to discuss the application of the ASEAN Tourism Standards and launch the ASEAN Tourism Awards among businesses in the sector.