HCM City is developing a strategy to become a logistics hub, focusing on connections to other provinces in southern Việt Nam. - VNA Photo Thế Anh HCM CITY — HCM City is working on a logistics development strategy that would make the city a major logistics hub and reduce logistic costs to 16 per cent of Việt Nam's GDP in 2025. During a conference held early this week in HCM City, Nguyễn Ngọc Hòa, deputy director of the city's Department of Industry and Trade, said the city had told the department and Việt Nam Logistics Research and Development Institute (VLI) to work on a logistics development project to 2030. The project will focus on building three logistic centres through technical infrastructure, and will aim to increase the number of businesses hiring specialised logistic services, with the goal of reducing costs. In addition, the project will … [Read more...] about HCM City seeks to become logistics hub
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HCM City encourages investment in Northwestern Urban Area
Local residents have been encouraged to cooperate and invest in urban embellishment projects in the HCM City Northwestern Urban Area. — Photo courtesy of sggp.org.vn HCM CITY — The HCM City Department of Planning and Architecture, after collecting feedback from local authorities, plans to ask the city People’s Committee to approve the zoning plan for the HCM City Northwestern Urban Area. The department has encouraged local residents to invest in urban embellishment projects. The department has agreed with relevant authorities to prioritise arrangement of high-rise buildings along main traffic axis with significant development potential, such as the parallel axis of National Highway 22 and Metro No.2 route. HCM City will also concentrate on arrangement of service complex buildings and high-rise buildings with commercial functions in urban area centres and near the Metro No.2 station. Meanwhile, at areas adjacent to the … [Read more...] about HCM City encourages investment in Northwestern Urban Area
Concerns over housing shortage problem raised in HCM City
Experts discuss measures to ensure housing supply in HCM City as the area’s population has soared. On September 17, HCM City People's Committee held a conference to discuss solutions for housing development to meet the population growth of 1 million people every 5 years in the period 2021-2035 in HCM City. HCM City Chairman Nguyen Thanh Phong emphasised that as a centre of economic, culture and technology, HCM City has attracted a large number of people across Vietnam. Deputy Minister of Construction Nguyen Van Sinh speaks at the conferencee "The city is also facing a huge problem for housing development. Statistics show that the city has around nine million permanent residents but there are actually 13 million people living in the city. Despite the huge number of residents, there are still problems with population distribution," Phong said. He went on to say that the population density in HCM City is 14.7 times higher than in other cities and provinces. Most people flock … [Read more...] about Concerns over housing shortage problem raised in HCM City
HCM City, Mekong Delta promote tourism cooperation
Deputy Prime Minister Vũ Đức Đam at the opening ceremony of the International Travel Expo HCM City (ITE HCMC). — VNS Photo Thu Hằng HCM CITY — Sustainable tourism linkages between HCM City and the Cửu Long (Mekong) Delta are needed to tap the huge tourism potential of the two areas, top leaders have said. Speaking at the first HCM City and Mekong Delta Tourism Connection Forum held on September 5 in HCM City, Deputy Prime Minister Vũ Đức Đam said the Mekong Delta should focus on building a sustainable tourism brand for the entire region. "The development of the tourism sector requires efforts from ministries and agencies to improve marketing, visa procedures, traffic and tourism infrastructure, and human resources," Đam said. "Each locality should develop tourism products based on their cultural heritage, … [Read more...] about HCM City, Mekong Delta promote tourism cooperation
HCM City reinforces inter-regional connectivity to fuel tourism
The Central Post Office, a popular tourist destination in HCM City (Photo: VNA) HCM City (VNA) – Boosting connectivity with localities nationwide is a key solution Ho Chi Minh City is using to develop tourism sustainably and promote its role as a major economic, cultural and tourist hub of Vietnam. HCM City has long been one of the top Vietnamese destinations for both domestic and foreign visitors. In the first half of 2019, it welcomed more than 16.5 million domestic and 4.25 million foreign travellers, gaining 73 trillion VND (3.16 billion USD) in tourism revenue. Inter-regional connections formed Director of the municipal Tourism Department Bui Ta Hoang Vu said the local tourism sector has been enhancing cooperation with many provinces and cities nationwide. For the nearby Mekong Delta, HCM City has formed partnerships with the Dong Thap Muoi sub-region (comprising Long An, Tien Giang and Dong Thap provinces) and with the eastern and western localities of the … [Read more...] about HCM City reinforces inter-regional connectivity to fuel tourism