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Image: HCMC-Chon Thanh expressway proposed

HCMC-Chon Thanh expressway proposed

HCMC – A construction plan for the HCMC-Chon Thanh expressway project has recently been proposed by Binh Duong Province, one of the two southern provinces through which the road passes. As planned, the expressway project will have three sections, with one in HCMC (two kilometers), one in Binh

Image: HCMC wants to speed up public investment disbursement

HCMC wants to speed up public investment disbursement

HCMC – Nguyen Thi Le, chairwoman of the HCMC People’s Council, has urged the relevant agencies to expedite the disbursement of public investment capital as the city saw a lower-than-expected disbursement rate in the year to April. Only VND147 billion in public investment capital for the city’s

Image: Heat sends electricity consumption soaring to record highs in HCMC

Heat sends electricity consumption soaring to record highs in HCMC

HCMC – Hot weather has sent electricity consumption in HCMC soaring to record highs in recent weeks as the demand for air conditioning and electric fans has skyrocketed. The city used 94.4 million kWh of power on May 5, the highest daily electricity consumption level ever, according to the HCMC

Image: Two industrial parks in HCMC added to development planning

Two industrial parks in HCMC added to development planning

HCMC – Deputy Prime Minister Le Minh Khai has approved including two industrial parks in HCMC in the development planning of Vietnam’s industrial parks (IPs). The deputy PM signed Dispatch No. 364 approving the Ministry of Planning and Investment’s proposal for revising the development planning of

Image: HCMC expedites site clearance for Beltway No. 3 project

HCMC expedites site clearance for Beltway No. 3 project

HCMC – The HCMC People’s Committee has requested the localities that Beltway No. 3 passes through to focus on clearing 80% of the area by June 30 this year. Chairman of the city government Nguyen Van Mai made the above request at a conference on enhancing state management over compensation and

Image: HCMC to close inner-city streets for Reunification Day celebration

HCMC to close inner-city streets for Reunification Day celebration

HCMC – Many inner-city streets will be closed to traffic on the evenings of April 28 and 30 to make room for the city’s Reunification Day celebration, said the HCMC Department of Transport. Vehicles will be banned from entering Nguyen Hue Boulevard, the section from Le Loi to Ton Duc Thang

Image: HCMC proposes piloting EV service for city tours

HCMC proposes piloting EV service for city tours

HCMC – The HCMC Department of Transport has proposed a pilot project to use electric vehicles for city tours. The Saigon Public Transport Company would operate 200 EVs, with each carrying 5 to 14 passengers around the downtown area, if approved. At first, the plan is to operate 70 EVs that can

Image: HCMC lacks industrial land for FDI projects

HCMC lacks industrial land for FDI projects

HCMC – The city is running short of industrial land for big foreign direct investment (FDI) projects, said HCMC Chairman Phan Van Mai. Speaking during a hybrid meeting with foreign investors chaired by Prime Minister Pham Minh Chinh late last week, Mai said the city now lacks large locations of

Image: Study to be conducted for HCMC-Trung Luong expy expansion

Study to be conducted for HCMC-Trung Luong expy expansion

HCMC – The Ministry of Transport has assigned Project Management Unit 7 to prepare a proposal for an investment policy and a pre-feasibility study report on the expansion of the HCMC-Trung Luong expressway. Project Management Unit 7 will use the documents of the project’s Phase 1, handed over from

Image: Ministry proposes five-year tax-free benefits for experts, scientists in HCMC

Ministry proposes five-year tax-free benefits for experts, scientists in HCMC

HCMC – The Ministry of Planning and Investment has proposed exempting experts, scientists, and people with special talents who work in HCMC from paying personal income tax for five years. Apart from them, innovative entrepreneurs who work in innovative start-ups, science and technology

Image: HCMC-Can Tho railway direction adjustment proposed

HCMC-Can Tho railway direction adjustment proposed

HCMC – The Institute for Regional and Urban Studies (IRUS) has proposed building the HCMC-Can Tho rail line along the HCMC Beltway No. 3 to optimize land use and cut costs. The railway project is planned to be built along the HCMC Beltway No. 2, with land clearance costing 2.5-3 times higher than

Image: HCMC seen as pivotal region

HCMC seen as pivotal region

The importance of HCMC does not solely rest on the proportion of the city’s GRDP in the nation’s GDP, but also on the dispersion of the end demand and production of the city to other localities in the country. The Government has issued Resolution 38/NQ-CP proposing the formulation of a National