The municipal Department of Industry and Trade plans to lure more investments, and outline support measures and programmes to encourage businesses to land investment in modern distribution and sales systems such as shopping malls and supermarkets. It is striving to develop five regional-level wholesale centres, ten regional-level shopping malls, 12 logistics centres, 68 trade centres, 850 supermarkets and 140 markets. Besides, Hanoi, which houses to 6,000 information technology firms and two IT parks, has taken lead in the country in terms of ICT revenue. Furthermore, the capital city has witnessed the sound development of infrastructure at industrial zones, with 17 high-tech industrial parks, 70 industrial clusters with stable operation, and 43 newly-established industrial clusters. Handicraft industry has been encouraged and received support, with 1,350 craft villages which attract tens of thousands of labourers. According to Deputy Director of the municipal Department of … [Read more...] about Hanoi envisages to become international trade hub
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Hanoi, HCMC must get rid of outdated vehicles to protect environment: government directive
The Ministry of Transport needs to develop a transport system utilizing environment-friendly vehicles, including those running on electricity, while the Ministry of Industry and Trade was asked to roll out policies to encourage the use of clean energy and manage fuel use in accordance with national standards. … [Read more...] about Hanoi, HCMC must get rid of outdated vehicles to protect environment: government directive
Chaos as snow hits Japanese highway, 134 cars in crashes; one dead
TOKYO -- At least 134 cars were involved in a series of crashes in Japan on Tuesday when a snow storm struck a stretch of highway and one person was killed and a dozen hurt in the chaos. … [Read more...] about Chaos as snow hits Japanese highway, 134 cars in crashes; one dead
Taiwan cancels major festival as domestic COVID-19 cases rise
Lin Chih-Chien, mayor of the northern city of Hsinchu where the festival was to be held, said several technology companies there had asked the government to cancel the event, citing concerns of a local outbreak curtailing production at a technology hub that hosts firms including the world’s largest chipmaker Taiwan Semiconductor Manufacturing Co Ltd. … [Read more...] about Taiwan cancels major festival as domestic COVID-19 cases rise
New supply of condominiums down sharply in Ha Noi: CBRE Vietnam
However, with efforts to control the pandemic throughout the year, the retail market in Viet Nam regained its momentum, through the openings of two retail projects in Q4, namely the International Centre (renovated) and Vincom Mega Mall Ocean Park, adding 41,000 sq.m to Ha Noi’s retail supply. … [Read more...] about New supply of condominiums down sharply in Ha Noi: CBRE Vietnam