Efforts needed to enhance role of private sector in expanded HCM City

Efforts needed to enhance role of private sector in expanded HCM City

In its development journey, Ho Chi Minh City has consistently played the role of an economic locomotive of the whole nation. However, faced with existing limitations in space, institutions, and population, the city now requires a bold new development vision.
Remittances to HCM City reach over 2.41 billion USD in first quarter

Remittances to HCM City reach over 2.41 billion USD in first quarter

Remittances to Ho Chi Minh City reached over 2.41 billion USD, accounted for 25.3% of the total for the entire year 2024 and marking an increase of 19.6% compared to the previous quarter.
Over 6.2 billion USD needed for expanding North-South expressway

Over 6.2 billion USD needed for expanding North-South expressway

The Ministry of Construction has proposed expanding the 1,144-km eastern wing of North-South expressway from Hanoi to Ho Chi Minh City from four to six lanes, at an estimated cost of 152.1 trillion VND (around 6.2 billion USD).
International visitors to HCM City increase by 18.2% in Q1

International visitors to HCM City increase by 18.2% in Q1

Ho Chi Minh City attracted nearly 1.64 million foreign visitors in the first three months of this year, up 18.2% from the same period in 2024, the city’s Department of Tourism said on March 25.
HCM City real-estate market predicted to recover this year

HCM City real-estate market predicted to recover this year

2025 will serve as a crucial foundation year for the real estate sector in Ho Chi Minh City, marking the path towards a full recovery by 2026 after facing challenges caused by COVID-19 and economic recession, experts predicted.
Remittances to HCM City surge ahead of Tet

Remittances to HCM City surge ahead of Tet

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam's HCM City branch.
Vietnam to become competitive player in global financial market: Minister

Vietnam to become competitive player in global financial market: Minister

Vietnam, an emerging financial centre, is seizing a “golden opportunity” to become a competitive player in the international financial arena with progressive legal frameworks and standout initiatives, according to Minister of Planning and Investment Nguyen Chi Dung.
Deputy PM outlines five key tasks to form international financial centres

Deputy PM outlines five key tasks to form international financial centres

Permanent Deputy Prime Minister Nguyen Hoa Binh has demanded ministries, sectors, and localities to concentrate on five key tasks to make it easier for developing international financial centres in Vietnam.
HCM City’s land-related revenue surges 50% in 2024

HCM City’s land-related revenue surges 50% in 2024

Land-related revenue in Ho Chi Minh City has surged nearly 50% year-on-year, surpassing 25.3 trillion VND (nearly 1 billion USD) in 2024, according to data from its Department of Natural Resources and Environment.
Remittances to Ho Chi Minh City reaches US$9.6 bln in 2024

Remittances to Ho Chi Minh City reaches US$9.6 bln in 2024

Overseas remittances to Ho Chi Minh City hit US$9.6 billion in 2024, an increase of US$140 million compared to the previous year.
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