HCM City People's Council approved a six-fold increase in car parking fees on roads at a meeting on March 16. HCM City People's Council approved a six-fold increase in car parking fees The city authorities will apply the new fees for cars with less than nine seats and trucks weigh less than 1.5 tonnes from June 1. The parking fees for the first hour is VND20,000 (88 US cents) to VND25,000. Cars with more than 10 seats and trucks weigh from 1.5 to 2.5 tonnes will have to pay VND25,000 to VND30,000. The highest parking fee for five hours is VND170,000. The city will use high technology to manage the parking lots and the cars. Drivers can pay by the phone, credit cards or cash. Those fees are 20% to 25% higher than the fees at office buildings and shopping centres. The parking fees on 35 streets have seen VND30bn (USD1.3m) poured into the city's budget. HCM City People's Council chairwoman Nguyen Thi Quyet Tam said they would gather opinions from the experts and the public … [Read more...] about HCM City parking fees face six-fold increase
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Annual Book Fair to be held in HCM City
This year’s event themed “Book - Culture, Integration and Development” will feature nearly 1,000 booths to display products of more than 200 local and foreign publishers and stationery companies. Photo for illustration The event is held by the HCM City Information and Communications Department, Saigon Cultural Products Corp., HCM City Book Distribution Corporation (Fahasa), and several other publishing houses. Accordingly, the fair will feature 300,000 book titles with 30 million copies and offer many promotion programs. Besides, book and photo exhibitions, free book reading festivals for children, and activities to introduce new technologies in the field of publishing will be held during the event. Translated by Lam Anh … [Read more...] about Annual Book Fair to be held in HCM City
HCM City seeks more metro line funding
HCM City’s metro lines are facing various issues with procedures, disbursement, and cost overrun. On-going construction of Metro Line 1 in HCM City The HCM City Urban Railway Management Board recently asked the city people's committee to give VND1trn (USD44m) in advance to pay contractors working on the Metro Line 1 this year. This is the fourth time the city has advanced funds because the government has been too slow with disbursement. The city had to pay VND600bn in late 2016 and in 2017, the city paid VND500bn and then VND1.2trn in advance. According to the Ministry of Planning and Investment, the National Assembly had yet to approve the final cost and the re-lending ratio of ODA from Japan hasn't been specified. Metro Line 1 was approved by the city in 2007 with an investment of VND17.40trn (USD766.4m). Approval by the National Assembly was not needed at that time. A member of the HCM City Urban Railway Management Board said at first the city hired a local … [Read more...] about HCM City seeks more metro line funding
HCM City, Phnom Penh seek stronger cooperation
During his talks with Phnom Penh Governor Khuong Sreng in HCM City on March 12, Phong said the Vietnamese southern metropolis will enhance its cooperation with Phnom Penh in education-training, health care, trade promotion and investment attraction. At the working session For his part, Khuong Sreng said environmental pollution, urban waste and the rapid increase of private transport means are major challenges facing Phnom Penh during the process of urban development. Mentioning the Cho Ray-Phnom Penh Hospital, the official noted that the Phnom Penh authority stands ready to create the best possible conditions for HCM City investors to handle their problems, including how to improve the efficiency of the hospital, which is regarded as a symbol of cooperation and friendship between the two localities. At the talks, representatives from departments and agencies of HCM City and Phnom Penh discussed issues relating to transport management, waste … [Read more...] about HCM City, Phnom Penh seek stronger cooperation
HCM City treasures ties with Cambodia’s Phnom Penh
The official made the remarks at his meeting with Phnom Penh’s Governor Khuong Sreng on March 13, noting that HCM City wishes to foster collaboration with Phnom Penh in tourism, industry and transport. Ho Chi Minh City always treasures and will do its utmost to preserve and promote the friendship and comprehensive cooperation with Cambodian localities He congratulated Cambodian people on their great achievements, and the Cambodian People’s Party on its victory at the fourth senate election in February 2018. Nhan also praised initiatives raised by Phnom Penh leaders to send young leaders of districts of Phnom Penh to HCM City to exchange experience in management and urban development. For his part, Khuong Sreng recalled Vietnam’s great support for Cambodia during its struggle for national liberation. He highlighted Cambodian leaders’ responsibility for educating young generations to promote the fruitful neighborliness and time-honored … [Read more...] about HCM City treasures ties with Cambodia’s Phnom Penh