Hanoi seeks EU help to become smart city


Hanoi seeks EU help to become smart city

Hanoi wishes to learn from experience of Italy’s Milan city in urban construction and development for its programme to become a smart city, said Chairman of the municipal People’s Committee Nguyen Duc Chung at a working session with a EU delegation on June 13. Hanoi will cooperate with Milan in urban development, focusing on high-tech…

Hanoi investment conference brings in trillions of VND


Hanoi investment conference brings in trillions of VND

Hanoi presented decisions approving investment proposals and investment licences for 48 projects with total registered capital of over 74 trillion VND (3.25 billion USD) on June 25 at the conference themed “Hanoi 2017 – Investment and Development Cooperation”. At the conference, which attracted representatives from 50 countries and territories and more than 600 domestic and…

Ho Chi Minh City, Microsoft step up cooperation


Ho Chi Minh City, Microsoft step up cooperation

HCM City (VNA) – Ho Chi Minh City and US technology giant Microsoft need to boost collaboration in information technology (IT) application and development to improve life quality for citizens in the southern hub. Secretary of the municipal Party Committee Nguyen Thien Nhan made the statement while receiving Vice President for Public Sector, Asia at…

Vietnam launches e-visas for visitors from 40 countries


Vietnam launches e-visas for visitors from 40 countries

Nationals of eligible countries will be able to apply for a 30-day single-entry e-visa starting February 1.The Vietnamese government has announced a two-year pilot plan to launch an electronic visa system for foreign tourists visiting the country. Under a government directive released in late January, citizens from 40 countries will be eligible to apply for…

Jetstar to fly from Sydney, Melbourne to Ho Chi Minh City


Jetstar to fly from Sydney, Melbourne to Ho Chi Minh City

Jetstar is looking to break the monopoly on flights to Ho Chi Minh City (also known as Saigon) from Sydney and Melbourne with the launch of direct flights from mid-May. Qantas’ low-cost offshoot will go up against national flag-carrier Vietnam Airlines on the route, with  both airlines flying the advanced Boeing 787 on the eight-hour…

Coca-Cola Viet Nam increases investment capital in Hanoi


Coca-Cola Viet Nam increases investment capital in Hanoi

Ha Noi People’s Committee has allowed Coca-Cola Viet Nam Company to raise its investment capital to US$580 million in Viet Nam. According to a licence granted to the American firm on Tuesday, Coca-Cola Viet Nam will increase its production scale and annual capacity to 790 million litres by 2024 and 1,215 million litres by 2030. The operation period will be…

Why Vietnam’s Property Market Is Like China’s (In A Good Way)


Why Vietnam’s Property Market Is Like China’s (In A Good Way)

Vietnam is looking more and more like the “next China.” It has similar demographics as the mainland, with a burgeoning middle class, and is also emerging from a Communist administration that is slowly opening the door to foreign investment. Vietnam has a particularly young population driving strong economic growth, and is undergoing the leap from…

Vietnam’s car sales hit record in 2016 amid tax cuts


Vietnam’s car sales hit record in 2016 amid tax cuts

The import tariffs for cars from Southeast Asia have been slashed and will be scrapped soon.Vietnamese consumers bought 304,427 cars last year, an all-time high in the country’s history, Vietnam Plus reported Wednesday, citing data from the Vietnam Automobile Manufacturers’ Association. Last year’s figure beat the previous record of 244,914 units sold in 2015, and…

Vietnam plans new expressway connecting Hanoi and HCMC


Vietnam plans new expressway connecting Hanoi and HCMC

The Ministry of Transport now seems to favor the project over a much more expensive plan for a high-speed rail link.Vietnam’s Ministry of Transport is seeking approval for a new 1,372-kilometer expressway linking Hanoi and Ho Chi Minh City as the exsiting north-south National Highway 1 has become overburdened.In a proposal submitted to the government,…

Samsung Display plans to invest another $2.5 billion in Vietnam


Samsung Display plans to invest another $2.5 billion in Vietnam

Samsung Electronics Co Ltd’s display panel subsidiary plans to invest another 3 trillion won ($2.51 billion) in Vietnam to boost capacity, South Korea’s Yonhap News Agency reported on Tuesday, citing unnamed sources.Samsung Display is in talks with Vietnamese authorities about the additional investment, Yonhap reported without elaborating further. A Samsung Display spokeswoman declined to comment…