A customer makes payment by QR code for his order online. (Photo: VNA)

HCM City could become fintech hub: experts

Ho Chi Minh City, the country’s commercial hub, has the potential to become a fintech hotspot of the country and region, according to experts.
HCMC’s bad debt ratio reduced to 2.2 percent

HCMC’s bad debt ratio reduced to 2.2 percent

According to the State Bank of Vietnam – Ho Chi Minh City Branch, since the beginning of this year, the city’s banking industry has handled more than VND72 trillion of bad debts, reducing the amount of bad debts to VND49 trillion, accounting for 2.2 percent of total outstanding loans.
(Illustrative photo:SGGP)

HCMC enjoys chilly spell

According to the National Hydrology Meteorology Forecast Center, temperature in Ho Chi Minh City averaged between 20 degrees Celsius and 21 degrees Celsius at nighttime and the early morning. 
Beggars and the homeless on HCM City's main streets often fabricate stories about their personal circumstances. (Photo courtesy of sggp.org.vn)

HCM City aims to eliminate homelessness, begging on streets

Though HCM City has tried to take care of beggars and the homeless for years, many people continue to beg for money, saying they have had goods or cash stolen, or need to find their lost relatives, among other explanations.
Farmers propose increasing support in restructuring agricultural economics

Farmers propose increasing support in restructuring agricultural economics

Several farmers proposed to borrow money as unsecured loans instead of secured loans and interest rate needs to be approved monthly instead of quarterly as currently at the dialogue with the Ho Chi Minh City government, themed ‘Policy to support the restructuring of agricultural economics: reality and solutions’, held by the People’s Council of HCMC in association with the Voice of HCMC’s People on November 30.
The “Ho Chi Minh City – development and integration” festival in 2015 (Source: VNA)

Festival to highlight HCMC's integration efforts

The “Ho Chi Minh City – development and integration” festival is due to take place in the southern metropolis from November 29 to December 1 with various activities, a municipal official has said.