Ho Chi Minh city mobilizes over VND450 billion to care for poor

The National Assembly last week adopted a long-awaited resolution on specialised policies for Ho Chi Minh City, marking a historic breakthrough for the city to continue taking the lead in the Vietnamese economy.The resolution, the first of its type in Vietnam and scheduled to take effect on January 1, 2018, covers special regulations that are not available to other localities in the country. They give free reign to Ho Chi Minh City’s government to autonomously determine many important issues related to land management, investment, finances and budget, and more.One of the most startling policies concerns finances and budget. Specifically, the…... [read more]

Vice Chairman of the city Fatherland Front Do Trung Tinh presents cash to assist Ms Nguyen Thi Huong in Hoa Binh province, whose relative was reported dead in flood. (Photo: SGGP)According to Ms Chau, the activities and movements have helped reinforce and increase solidarity; promote democracy; build up a strong Party and authority, contributing to boosting national construction, development and protection, and assisting Ho Chi Minh city in realizing all political missions. The outstanding movements include those encouraging people to develop cultural lifestyle, build new-style rural areas and advanced urban areas, assist the poor and support those working and living…... [read more]

At the meeting (Photo: thanhuytphcm.vn)Addressing the meeting, Chairman of the Vietnam - Thailand Friendship Association in Ho Chi Minh city Truong Hoang said that since the establishment of the diplomatic relationship in 1976, ties between Vietnam and Thailand have developed well in all areas, especially in 2013 when the two countries officially upgraded the relationship to strategic partnership. The two-way trade turnover has been increasingly high, with a target of USD20 billion by 2020. Over the past years, the Vietnam - Thailand Friendship Association has worked with the Thai Consulate General and the Thai Businesses’ Association to organize diverse friendly…... [read more]

Liem made the statement at a reception for Kyle F.Kelhofer, IFC Senior Country Manager for Vietnam, Laos and Cambodia, in the Southern city on November 17.While affirming that the IFC’s financial assistance and investment mobilization have contributed significantly to the city’s development,  Liem asked for further support from the IFC, particularly in attracting, managing and effectively using foreign investments.For his part, Kelhofer said the IFC wants to assist Ho Chi Minh City in seeking and luring capital from investors and international financial partners for the city’s infrastructure development. He noted that cooperation programs with the IFC could enable the Southern…... [read more]

An awards ceremony was organized in Ho Chi Minh City on New Year’s Day to exalt 10 exemplary youths who gained exceptional achievements in 2017. The event was held first thing in the new year to show city leaders’ respect for and expectations of the youths, who “reflect the city’s present and future.” Secretary of the municipal Party Committee Nguyen Thien Nhan as well as other city dignitaries attended the ceremony. Nguyen Thanh An, a university student honored for his face recognition software. Photo: Tuoi Tre The conferees were shortlisted from 75 dossiers submitted by organizations and enterprises across the…... [read more]

Liem noted that the RoK is the largest investor and among three biggest trade partners of Vietnam. The Vietnam-RoK free trade agreement, which goes along with tax exemption and reduction for RoK products, will create more opportunities for RoK products in the Vietnamese market, he said. At the same time, Vietnamese farm produce, seafood, garment and textiles have also enjoyed a good chance in the RoK, said Liem, adding that the target of USD 70 billion in two-way trade by 2020 is feasible. Liem also pointed out that Ho Chi Minh City is hosting over 1,400 RoK-invested projects worth more than…... [read more]

Kawaue Junichi, Japanese Consul General to Ho Chi Minh city, addresses the meeting. (Photo: voh.com.vn)Addressing the meeting, Nguyen Cong Tanh, Chairman of the Vietnam - Japan Friendship Association in Ho Chi Minh city, stressed that the relationship between the two countries is developing well in all areas, including political, economic, cultural and tourism areas. In 2017, the association has organized diverse people-to-people diplomacy to increase the friendship between the two countries, especially among students and pupils, including an exchange program with over 3,000 pupils coming from Japanese prefectures with those from large primary schools in Ho Chi Minh city. According…... [read more]

Ho Chi Minh City is a driver of the national economy. After 5 years implementing the Politburo’s resolution on development direction and tasks until 2020, the city achieved an annual GDP growth of 9.6%, 1.6 times higher than the national growth, and per capita income of 5,122 USD, 2.3 times the national average. But the city is facing numerous challenges: traffic, flooding, health care, education, unstable labor, and a booming population.  To address the problems, the government sees the need for better, more specific mechanisms. Nguyen Thi Mai Hoa is a National Assembly deputy for Dong Thap province: “Ho Chi Minh…... [read more]

An awards ceremony was organized in Ho Chi Minh City on New Year’s Day to exalt 10 exemplary youths who gained exceptional achievements in 2017.The event was held first thing in the new year to show city leaders’ respect for and expectations of the youths, who “reflect the city’s present and future.”Secretary of the municipal Party Committee Nguyen Thien Nhan as well as other city dignitaries attended the ceremony.The conferees were shortlisted from 75 dossiers submitted by organizations and enterprises across the metropolis.They set shining examples to their peers in various areas, ranging from research, application of information technology, agriculture,…... [read more]

Chairman of the Ho Chi Minh city People’s Committee Nguyen Thanh Phong receives Korean Ambassador to Vietnam Lee Hyuk. (Photo: thanhuytphcm.vn)The East Asia nation ranks 4th among 93 countries and territories investing in Ho Chi Minh city, with 1,400 projects capitalized at USD4.6 billion.The figures were announced by Nguyen Thanh Phong, Chairman of the Ho Chi Minh city People’s Committee, during his November 16th reception for Korean Ambassador to Vietnam Lee Hyuk, on a working visit.During the reception, Chairman Phong showed his pleasure at the fact that in 2017, Vietnam and RoK had organized a wide range of activities marking…... [read more]




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