HCMC continues to post economic growth

HCMC continues to post economic growth

A recently released report by the Statistics Office of Ho Chi Minh City shows that despite being heavily affected by the Covid-19 pandemic, the socio-economic situation remains stable in the first six months of the year. Noticeably, the gross regional domestic product (GRDP) in the first six months of the year increased by 5.46 percent, higher than the estimated growth of 1.02 percent in the same period last year.
FDI capital hits US$14 billion despite Covid-19

FDI capital hits US$14 billion despite Covid-19

According to the Ministry of Planning and Investment, from the beginning of this year to May 20, the total newly registered and adjusted capital, capital contribution, share purchases, and purchases of contributed capital by foreign investors reached US$14 billion, up 0.8 percent over the same period last year. Realized capital of foreign direct investment (FDI) projects was estimated at $7.15 billion, up 6.7 percent year-on-year.
High-interest rate corporate bonds pose high risks

High-interest rate corporate bonds pose high risks

Recently, the conditions for corporate bond issuance to the public have been tightened by the State. This is a move to reduce risks for investors, especially for individual investors, so the number of issued corporate bonds has also fallen sharply. However, in the context that deposit interest rates remain at a low level, many enterprises have issued corporate bonds with high-interest rates to attract capital.
HCMC viewed from Can Giuoc

Long An raises investment capital for construction of bridges

The Government of the Mekong Delta province of Long An has decided to increase the investment capital for the construction project of three bridges on a key road connecting HCMC and Long An and Tien Giang provinces from VND2,295 billion (US$99.55 million) to VND3,600 billion (US$156.15 million).
HCMC’s economy still has bright spots amid difficulties in 2020

HCMC’s economy still has bright spots amid difficulties in 2020

The Statistics Office of Ho Chi Minh City held a press conference to announce the socio-economic statistics of the city in 2020 on December 29 with the attendance of Ms. Phan Thi Thang, Vice Chairwoman of the municipal People's Committee.
Leaders of Ho Chi Minh City study products of companies at the Incubation Center in Saigon High-Tech Park. (Photo: SGGP)

HCMC develops SHTP associated with Thu Duc City

A delegation of leaders of Ho Chi Minh City led by Mr. Nguyen Thien Nhan, Member of the Politburo, Head of the HCMC delegation of National Assembly deputies and Mr. Nguyen Van Nen, Secretary of the Party Central Committee and Secretary of the Party Committee of HCMC, visited and worked with the Management Board of the Saigon High-Tech Park (SHTP) on November 25.

Wind turbine construction in Bac Lieu Province. (Photo: SGGP)

Investment attraction in Mekong Delta flourishes

Recently, the situation of investment attraction in the Mekong Delta has had positive changes. Many large projects with investment capital from trillions of Vietnamese dong to tens of trillions of Vietnamese dong have landed in the rice granary in the West, creating new directions, contributing to promoting economic development.
Binh Duong Province pledges to accompany enterprises

Binh Duong Province pledges to accompany enterprises

The Provincial Party Committee, People's Council, People's Committee of Binh Duong Province recently held a meeting with associations and enterprises located in the province.
A 3D mock-up of Long Thanh International Airport

Airport may be costly but in line with regulations

Investment capital for the first phase of the construction of Long Thanh International Airport in the southern province of Dong Nai was high compared to other international airports, said the State Appraisal Council.