Update news hcmc

Since 2008, the number of foreigners working in Vietnam has increased steadily by 8 percent per annum. With that, the market of serviced apartments for lease in large cities has attracted many investors.

HCMC changes policy to attract talent

HCMC is drafting a plan on attracting ‘people with special talents’, offering pay of VND20-30 million a month, which includes monthly salary and allowances.

Schools in Hanoi, HCM City feel pressure from overcrowding

As the number of students is increasing sharply, many schools in HCMC are refusing to accept day-boarding students. And in Hanoi, the number of students in many classes is double what is permitted.

Who are the owners of 5-star hotels in HCM City and Hanoi?

VietNamNet Bridge - Foreign investors hold a stake in about 60 percent of 5-star hotels in Hanoi and HCMC, and are continuing to pour money into the profitable hotel sector.

Dong Nai: Waste water mixes with river water

The pollution of Dong Nai River has become serious since Vedan’s factory was found discharging untreated waste water into it and Sonadezi discharged dirty water into the Ba Cheo canal. 

Investors rush to build 5-hotels in anticipation of tourism boom

VietNamNet Bridge - The HCMC hotel market this year has welcomed many foreign brands, including Mandarin Oriental, Movenpick and Best Western Premier. 

People’s Council meeting hears complaints about HCMC’s rubbish problem

HCMC has spent big money to treat waste, but the city is still unacceptably flooded with rubbish, the chair of the HCMC People’s Council, Nguyen Thi Quyet Tam, said at a recent meeting.

Investment rate in VN hotel sector increases

HCMC is leading the country in the number of foreign travelers, amounting to 50 percent of the total to Vietnam. However, it lags behind other localities in the development of hotels. 

Landslides, erosions encircle Mekong Delta

Landslides in the Mekong Delta have occurred in over 560 riverside and coastal areas with a total length of 786 kilometers. 

HCMC lacks enough hotels to accommodate tourism boom

VietNamNet Bridge - The demand for hotels in HCMC has been increasing rapidly, prompting investors to pour capital into hotel projects. However, it is difficult to find advantageous land plots to develop hotels.

Vietnam hotel market attracts foreign investors

VietNamNet Bridge - The hotel market has been growing quickly, with the number of projects developed by foreign investors and managed by foreign brands increasing from 30 in 2010 to 79 by the end of 2017.

HCM City waterway tourism needs more funds

River-based tourism products in HCM City have fallen short of expectations due to a lack of investment in infrastructure, experts have said.

Thousands of foreign specialists work in Binh Duong, live in HCM City

Attracting $31 billion worth of FDI (foreign direct investment), Binh Duong Province is the workplace for thousands of foreign specialists. However, their homes are not in Binh Duong, but in HCM City.

Powerful pump, water reservoirs cannot stop flooding

HCMC residents were reassured that they would not see floods again after multi-billion dong anti-flood works became operational. But floods have become even more serious.

HCM City: will $5 billion drive floods away?

More than 10 years ago, HCMC began applying a series of measures to fight against floods and improve the environment, worth trillions of dong. 

Vietnam’s ornamental fish swimming in foreign-made tanks

According to the HCMC Fisheries Sub-department, 16.25 million ornamental fish were exported in the first 10 months of 2017, an increase of 14.5 percent compared with the same period last year.

HCMC to raise environmental protection fee against strong opposition

The HCMC Department of Natural Resources and Environment plans to raise the environmental protection fee on industrial waste, but some experts disagree about the plan.  

HCM City real estate: eastern, western parts of city are ‘hot spots’

The eastern part of the city will still be hot in 2018, while infrastructure works in the western part will attract house and apartment buyers, analysts say.

Co-working spaces in Hanoi, HCMC see bright future

Demand for offices is forecast to increase sharply in 2018 thanks to the improved economy, while the number of co-working spaces will also expand proportionally. 

‘Living within one’s means’ and lessons about urban development

Discussing urban development programming in HCMC, economist Tran Du Lich commented that the ‘living within one’s means’ principle must not be applied to the city’s infrastructure development. If so, residents will pay a heavy price in the future.