VAT proposed to be reduced to 5-6 percent to boost domestic demand
The recent VAT reduction to 8 percent is not sufficient, and a further reduction to 5-6 percent is necessary to stimulate domestic market demand.
HCMC Party Secretary asks to care for female workers
The Secretary of the Ho Chi Minh City Party Committee asked to continue to pay attention to female workers’ material and spiritual aspects of life especially unskilled female workers when businesses are laying off workers.
Vietnam-Cuba friendship contributes to world peace
Standing Committee of the Secretariat of the Communist Party of Cuba Roberto Morales Ojeda highly appreciated the friendship and solidarity between the two countries and peoples of Cuba-Vietnam which has been contributing to the world peace.
HCMC concentrates resources to promote economic development
On April 20, the HCMC NA Delegation worked with the People's Committee of HCMC on the socio-economic situation and a draft resolution to replace Resolution 54 of the NA on piloting specific mechanisms and policies for HCMC development.
Many solutions to promote HCMC’s economic development
Mr. Nguyen Van Nen has requested that each field, sector, locality, and official review their efforts and solutions to determine their effectiveness.
50th anniversary of Vietnam-Italy diplomatic ties celebrated in HCMC
The People’s Committee of Ho Chi Minh City organized a ceremony on March 23 to celebrate the 50th anniversary of the diplomatic ties between Vietnam and Italy (March 23, 1973-2023).
HCMC holds dialogue to remove difficulties for foreign businesses
The People's Committee of Ho Chi Minh City, on February 22, held a meeting to resolve obstacles for foreign enterprises.
Bottlenecks on policies, infrastructure to be removed for Southeast region
The Southeast region is facing bottlenecks in infrastructure, policies, and mechanisms that hinder its economic growth.
HCMC continues to develop for, with the nation
Mr. Nguyen Van Hieu, Alternate Member of the Party Central Committee, Deputy Secretary of the Ho Chi Minh City Party Committee, said that HCMC would continue to promote the spirit of developing for and with the country.
There should be synchronous support for enterprises to speed up: Expert
To support enterprises to overcome difficulties as well as accelerate development, there should be synchronous support of many policies, said Chairman of the Ho Chi Minh City Union of Business Association, Nguyen Ngoc Hoa.
HCMC authorities mobilize resources, take drastic action for city development
Mr. Phan Van Mai, Chairman of the People’s Committee of HCMC, said that the city is determined to take action, accompany citizens and the business community to overcome difficulties, and successfully complete the set socio-economic goals in 2023.
Int’l organizations, experts call Vietnam a development success story
International organizations and foreign experts have hailed Vietnam as a success story about economic development, social welfare and human rights guarantee.
HCMC needs new strategic resolution for development
Although Resolution 54 has brought fresh wind to Ho Chi Minh City, due to many reasons, after more than four years of implementation, the results have not been as expected. At this time, HCMC is in dire need of a new specific policy and mechanism to develop properly.
Ho Chi Minh City launches third Innovation Award 2023
The People's Committee in Ho Chi Minh City has just issued a plan to organize the third HCMC Innovation Award in 2023, which is expected to be announced and awarded on September 2, 2023.
Vietnam becoming attractive destination for foreign capital
Considered a safe shelter from current chaotic events in the world, Vietnam is enjoying a strong flow of foreign capital. What should be immediately done now is to devise feasible solutions to support domestic businesses resume their operations effectively, and thus improving their ability to attract these foreign capital amounts.
PMP a tool to prevent possible financial risks
Vietnam is looking at a possible credit growth monitoring tool to play a pivotal role in promoting economic development.
HCMC highly appreciates companionship of US business community
Mr. Phan Van Mai, Member of the Party Central Committee, Standing Deputy Secretary of the Ho Chi Minh City Party Committee, Chairman of the HCMC People's Committee, chaired a seminar with typical US enterprises investing in the city on the afternoon of May 17.
HCMC takes many measures to energize businesses
According to Mr. Dao Minh Chanh, Deputy Director of the Department of Planning and Investment of Ho Chi Minh City, the city has been implementing a series of solutions to remove obstacles and difficulties and energize businesses to rise.
Vietnam making efforts to revive smokeless industry
Vietnam has been making efforts to revive the tourism sector- the smokeless industry - after the coronavirus pandemic. Although Vietnam officially opened to international tourism on March 15, approximately 41,700 international visitors arrived in the Southeast Asian country in March 2022, a month-on-month increase of 41.4 percent, and 2.2 times higher than the same period last year.
HCMC needs US$44 billion for economic growth from 2021-2025: Vice Chairman
On March 28, at a press conference about the Ho Chi Minh City Economic Forum, Mr. Vo Van Hoan, Vice Chairman of the municipal People's Committee, said that the southern metropolis needs VND1 million billion (US$44 billion) to promote economic growth in the period 2021-2025.