PPP – solution for Ho Chi Minh City – Moc Bai Expressway Mounting traffic pressures Currently, National Highway 22 is the only way connecting Ho Chi Minh City and Moc Bai Border Gate, the international gateway to the ASEAN, while traffic flows grow by 8-10 per cent per annum. National Highway 22 is predicted to be overloaded in the next few years, especially as the trans-Asia route connecting Vietnam, Cambodia, and Thailand is finished. The Second Project Management Unit (PMU2) has just proposed the Ministry of Transport (MoT) to approve the pre-feasibility study for the Ho Chi Minh City-Moc Bai Expressway project. “It is time to invest and build a high transportation capacity expressway connecting Ho Chi Minh City and Moc Bai Border Gate to ease traffic flows on National Highway 22 and shorten travel time,” said Le Thang, deputy general director of PMU2. As proposed, the 53.5km Ho Chi Minh City-Moc Bai Expressway project starts at the intersection of … [Read more...] about PPP – solution for Ho Chi Minh City – Moc Bai Expressway
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RoK’s National Foundation Day marked in Ho Chi Minh City
Addressing the celebration, Chairman of the city’s Vietnam-Republic of Korea Friendship Association, Diep Dung, highlighted the strong growth of Vietnam-RoK ties after the two countries first set up diplomatic relationship 26 years ago and the strategic cooperative partnership 9 years ago. The two countries are important partners of each other in the fields of investment, trade, tourism, culture and people-to-people exchanges. Dung reviewed the association’s activities to contribute to bilateral relations in the past few years, including receiving RoK delegations to the city, holding cultural exchange events, and co-sponsoring charity activities with RoK businesses in the city. The Consul General of the RoK to Ho Chi Minh City, Lim Jae-hoon, hailed the close friendly ties between the two countries. He noted that the RoK is a major investment partner of Vietnam, with more than 3,000 RoK firms doing business in the country. On the occasion, the city’s Vietnam-Republic … [Read more...] about RoK’s National Foundation Day marked in Ho Chi Minh City
Ho Chi Minh City named among Asia’s most enterprising cities
The Hanoitimes - Ho Chi Minh City is present on the list of Asia’s most enterprising cities and is home to large clusters of services, engineering, finance and retail firms, and strong creative industries, according to JLL, a leading firm that specializes in real estate and investment management. Ho Chi Minh City is pulling in increasing amounts of investment from large multi-national technology corporations, including Microsoft, LG, Intel and, most notably, Samsung. It’s also the base of Vietnam’s only tech unicorn - the VNG Corporation. Ho Chi Minh City. It is also undergoing rapid real estate development amid increasing demand for office, retail and hotel space, with a new metro system also under construction. Vincom Landmark 81, the tallest building in the city as well as Vietnam, is due to open later this year, while the Thu Thiem New Urban Area, a 657-ha site east of the Saigon River, is earmarked to be the new financial district. Ho Chi Minh City … [Read more...] about Ho Chi Minh City named among Asia’s most enterprising cities
Hotel fire traps 19 people in Ho Chi Minh City
Smoke goes up from the eight-story Hanh Long Hotel in District 5, Ho Chi Minh City. Photo by VnExpress. The fire broke out just a day after a deadly blaze at Carina Plaza killed 13 in District 8. Dozens of people, most of them tourists, screamed for help as a fire erupted at an eight-story hotel in Ho Chi Minh City on Saturday afternoon. The fire broke out on the third floor of the Hanh Long Hotel in District 5 on Tran Hung Dao Street at around 3p.m., witnesses said. The hotel guests on the upper floors were trapped in the building, screaming for help from the windows as thick smoke billowed upwards. The fire reportedly broke out on the third floor. Photo by VnExpress. Authorities said 19 hotel guests, including 11 foreigners, were plucked to safety by two fire truck lifts. No injuries were reported. “The fire started from in the hotel’s accounting office,” said Captain Tran Quang Son, Deputy Chief of the District 8 Firefighter Department. “All … [Read more...] about Hotel fire traps 19 people in Ho Chi Minh City
Ho Chi Minh City: Street art, pedestrian malls lure visitors
(VEN) - Ho Chi Minh City is pursuing the goal of attracting about 5.5 million foreign visitors and earning VND116 trillion from tourism services this year, a rise of 2.62 percent compared with 2016. To that end, it is creating new tourism products. In mid-May 2017, Ho Chi Minh City launched a street art performance program called “Ho Chi Minh City Street Show”, which will take place periodically from 8pm to 9pm on Saturdays and Sundays, except for certain occasions. The creative combination between contemporary street art in the world and Vietnamese folk cultures makes the show different from other art performances. The program also presents special folk music styles, such as Quan Ho singing, Don Ca Tai Tu singing and Gong Chieng dancing. These types of art are combined to introduce the national culture to international visitors. In April 2017, the Ho Chi Minh City Tourism Department launched a new tour to Can Gio District. The city hopes to turn Can Gio into an … [Read more...] about Ho Chi Minh City: Street art, pedestrian malls lure visitors