The municipal People’s Committee assigned the Department of Industry and Trade and the Saigon Times Group to launch the award. The award attracted 64 enterprises in different industries within one month after launch. It will be held annually. The 30 enterprises are leading companies or at the top of their business and production industries. Their total revenue in 2019 reached nearly 252.8 trillion (11 billion USD), or 21.8 percent of the city’s total revenue of retail sales of consumer goods and services. Their total after-tax profit reached almost 32.7 trillion VND. According to the evaluation of the Voting Council, most of the products and service brands of the winning enterprises have undergone a long process of establishment and development. They have had a firm position in the marketplace and a good reputation in customers’ minds and made active contributions to the city’s economic development. Bui Ta Hoang … [Read more...] about Thirty businesses win HCM City Golden Brand Award
2018 polluted cities
Vietnam faces tough decision selecting host city for 2021 SEA Games
Until now, the plan has yet to be formally approved by the municipal Party Committee due to remaining questions such as how sporting venues developed for the Games would be used after the it concludes, and its effectiveness in improving the city’s growth. … [Read more...] about Vietnam faces tough decision selecting host city for 2021 SEA Games
Thien Long Group wins Ho Chi Minh City Brand Award 2020
In the 2020-2021 school year, the DIEM10 – A school supplies brand of Thien Long Group will coordinate with the Central Team Council to launch the second season of the Green School Program in big cities such as Danang, Hanoi, and Ho Chi Minh City with the goal of helping the youth understand how garbage is sorted at the source, thereby raising their awareness of fighting against climate change. … [Read more...] about Thien Long Group wins Ho Chi Minh City Brand Award 2020
HCM City, southern provinces step up efforts against fake goods
HCM City (VNS/VNA) - Officers tasked with preventing fake goods, trade fraud and smuggling in Ho Chi Minh City and southern border provinces have been forced to work hard ahead of Tet (Lunar New Year), which falls on February 12 this year. Last week, the HCM City customs department discovered 14 steel containers that consignee V.V Steel Company described wrongly to evade tax. The company, in Long An province’s Duc Hoa district, made a declaration that would have allowed it to enjoy 0 percent tax instead of the 10-15 percent it had to pay, equivalent to 1 billion VND (43,000 USD). Now, besides the tax it will also have to pay a penalty of 20 percent of the amount. Smuggling and trade fraud are becoming increasingly sophisticated. Truong Van Ba, Director of the HCM City Market Surveillance Department, said last year 25,538 violations had been discovered involving loss of tax revenues of 5.8 trillion VND. Competent agencies filed charges in 113 cases. … [Read more...] about HCM City, southern provinces step up efforts against fake goods
HCMC announces 7-day Lunar New Year break
Earlier, the municipal People’s Committee also announced that schoolers of kindergarten, elementary schools, middle and high schools and vocational schools throughout the city will have a 9-day Tet break. Schools that currently adapt a five-day-a-week schedule will have 11-day Tet break, from February 6- February 10 (on the 25th day of the last month- the 5th day of the first month of the lunar calendar). … [Read more...] about HCMC announces 7-day Lunar New Year break