Update news hcmc

VietNamNet Bridge - The solar panel market has warmed up with foreign and domestic investors showing renewed interest in the market.

HCM City maps out plans for water transport expansion

HCM City agencies have unveiled plans to promote waterway transport on the 975km of riverways in the city, according to the city’s Department of Transport.

Hanoi, HCM City struggle to ease car density in inner cities

Hanoi seems to be moving ahead of HCMC in restricting private cars to enter the inner city. Though it is considered a ‘negative’ solution, it is still the only choice of local authorities in the two largest cities in Vietnam.

‘Golden real-estate land’ running out in HCM City

VietNamNet Bridge - As the land fund in HCMC has declined, fewer investors are interested in developing infrastructure projects under the BT (build-transfer) mode.

HCM City to see boom in foreign capital contributions in domestic businesses

Of $6.19 worth of capital that foreign investors used to contribute capital and buy into Vietnamese enterprises in 2017, 60 percent was injected into M&A deals in HCMC.

HCMC students may follow a credit-based education program

A credit-based education program will be applied at secondary and high schools in HCMC on a trial basis from the 2019-2020 academic year, if the city’s proposals on an open policy for education receives approval.

Real estate association claims HCM City won’t face real estate bubble

The Ho Chi Minh City Real Estate Association (HoREA) predicted stable development for the city real estate sector and claimed that there would not be a real estate bubble in 2018.

F&B service providers battle for market share

VietNamNet Bridge - Hotels not only have to compete in the food & beverage sector, a major source of revenue, but also in the restaurant chain and food court market.

HCMC encourages waste-to-energy projects, offering opportunity to investors

More than 40 investors have expressed willingness to develop plants which burn waste to generate electricity.

Vietnam’s solar power market: attractive but risky

VietNamNet Bridge - Vietnam is considered the second biggest potential market in Southeast Asia for solar power. 

More capsule hotels built in Vietnam

VietNamNet Bridge - With a 30 percent growth rate in the number of travelers, building or buying hotels promises big profits for investors, including capsule hotels, which have opened in HCMC and other tourism cities.

HCM City concerned about toxic exhaust from new incinerators

VietNamNet Bridge - HCMC is calling for investments in projects on burning waste to generate electricity, but has warned that the equipment must be environmentally friendly. 

Students make rubbish-collecting machine that runs on solar energy

The robot, which is compact, highly mobile and able to move freely across canals, rivers and lakes to pick up rubbish and hyacinth, was made by two university students.

HCMC: Land available for Build-Transfer projects shrinks

A number of infrastructure projects under the BT (build, transfer) mode, or exchanging land for infrastructure, with total capital of tens of trillions of dong have been implemented over the past few years. 

HCM City struggles to control flooding

Nguyen An Nien, a leading water resources expert, says that controlling floods remains a thorny problem in HCM City.

Salangane nest market flooded with low-quality imports

VietNamNet Bridge - Vietnam is one of a few countries which harvests and sells salangane resources. 

HCM City travel firms hope to profit from waterway tours

VietNamNet Bridge - Saigontourist has launched seven new waterway routes on the Sai Gon River and the river sections of Binh Duong, Dong Nai and Long An. 

Vietnam begins to develop smart cities

Vietnam needs to set up a set of standards on smart urban areas to shape sustainable development of cities, and set criteria for assessing the quality of life and services provided to the community, experts say. 

$2 billion seaport running at 15-20 percent of capacity

VietNamNet Bridge - The Cai Mep–Thi Vai container port in Ba Ri –Vung Tau province, built with investment capital of $2 billion, is now running at 15-20 percent of capacity.

Can super pumps help HCM City combat floods?

VietNamNet Bridge - Scientists don’t believe that using a large-capacity pump to suck water will help combat  floods, a heady problem for HCMC for many years.