Update news hcm city
The HCMC Traditional Medicine and Pharmacy Institute has held a class for 9 French students to introduce the uniqueness of Vietnamese traditional medicine.
Business activities are cooling as consumers have had to tighten their purse strings, with some vendors setting up business on wide sidewalks in HCM City.
Tyler Maurice Kooy, 32, from the US, and Uong Thi Phuong Thao, 27, a Vietnamese woman, are running an old-style cafe in HCM City.
HCM City has pledged to remove hurdles faced by foreign firms in terms of administrative procedures, transport infrastructure, and tourism development, said Pham Van Mai, chairman of the Ho Chi Minh City People's Committee.
Ho Chi Minh City absorbed about 3.94 billion USD in foreign direct investment (FDI) in 2022, up 5.4% year-on-year, according to the municipal People’s Committee.
Two meetings to settle the existing problems in the real estate market were held on November 8.
The layoff campaign occurring two months before the New Year holiday (Tet) has dealt a strong blow to many workers.
The region contributes 32% of Vietnam’s GDP and 45% of the country’s state revenues.
Among the foreign direct investment (FDI) companies active in HCMC, Singaporean investors top the list, with 1,560 projects and total registered capital of US$13.6 billion.
The Ho Chi Minh City Department of Tourism planned to offer language courses in Korean, Japanese, and Spanish – all free of charge – to tour guides.
The HCM City Department of Culture and Sports has sent the municipal People’s Committee a proposal for street arts performances on Nguyen Hue pedestrian street in District 1 for 2022-2025 period, starting this month.
The disbursement rate for public investment capital in HCM City had reached only 26 percent as of the end of July. About 100 projects had a disbursement rate of zero.
Huynh Kim Tuoc, managing director of Sai Gon Innovation Hub's (SiHub) Start-up Support Centre under the HCM City Department of Science and Technology, affirmed Vietnam holds tremendous potential for technology development
Traffic congestion has plagued the area around Tan Son Nhat International Airport for long, but a solution seems to be around the corner with HCM City authorities finalising procedures for several works to be carried out this year.
About 1,000 people attended and experienced the tourism promotion event “My Soul Seoul in Ho Chi Minh” hosted by the Seoul Metropolitan Government and the Seoul Tourism Organisation in HCM City on August 2.