HCM City has called for investment from Spanish businesses in urban waste treatment, transport and flood control during a recent visit by a Spanish delegation to the city.
Two leaders at the meeting (Photo: tphcm.chinhphu.vn)
HCM City (VNA) - HCM City has called for investment from Spanish businesses in urban waste treatment, transport and flood control during a recent visit by a Spanish delegation to the city to explore business opportunities.
The delegation was led by Jaime Garcia Legaz Ponce, Deputy Minister of Commerce and Chairman of the Foreign Trade, Investment and Export Institute.
At a meeting earlier this week with the delegation, Vo Van Hoan, Chief of the city People’s Committee Office, said the city is seeking to accelerate socio-economic development, including expansion of transport infrastructure.
However, it faces a number of challenges caused by rapid urbanisation and climate change, including worsening traffic congestion, regular flooding, and environmental pollution, he said.
He called on Spanish investors to build a modern waste treatment plant since the metro with a population of more than 10 million now has only one plant.
The lone plant also uses obsolete technologies and cannot cope with increasing volume of household waste, he noted.
The city also sought help from the Spanish Government to speed up major flood-control works, especially one to renovate the drainage system and dyke embankment.
Hoan appreciated Spain’s support for the metro route No 1 and No 5 and sought its continued help to expand the metro network.
Ponce spoke highly of the metro route No 1 project that has many Spanish contractors, and assured that his government is committed to continuing support for the city’s metro projects.
꧋ He also said that his government is willing to co-operate with HCM City for anti-flooding projects and a large-scale waste treatment facility.-VNA
A delegation of business executives representing nine companies based in Turkey’s Antalya city on September 7 met with their counterparts in HCM City to exchange information.
Ho Chi Minh City highly values Italy’s expertise in urban development, environment clean-up and stands ready to partner with Italian firms operating in trade and transport.
Two thirds of approximately 130 Danish investors in Vietnam operate in Ho Chi Minh City, reflecting the potential and attraction of the southern economic hub, said visiting Danish Foreign Minister,
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Two leaders at the meeting (Photo: tphcm.chinhphu.vn)
