Dong Nai province considers to halt opening of more industrial parks
PolicyThe Southern Province of Dong Nai has been considering to halt opening of additional industrial parks in Bien Hoa Town and Long Thanh and Nhon Trach districts.
Credit quality of real estate sector continues to be controlled
PolicyMr. Nguyen Hoang Minh, Deputy Director of the State Bank of Vietnam-Ho Chi Minh City Branch (SBV-HCMC Branch), reported that the city’s banking industry’s capital mobilization nearly reached VND2.5 quadrillion last year.
Property developers disregard green space regulations
PolicyAlthough real-estate development projects are required by law to incorporate parks and gardens in their area zoning, many investors in Ho Chi Minh City are blatantly disregarding this.
Ho Chi Minh City to build 103 reservoirs to mitigate flooding during rain season
PolicyHo Chi Minh City authorities planned to build 103 small and big underground water reservoirs to mitigate overflowing of the city's major waterways and rivers during rain seasons and tide intrusion.
Ho Chi Minh City spends US$31.96 million on upgrading Nguyen Huu Canh street
PolicyThe Management Board on Traffic Work Construction Investment of HCMC started work on the project to upgrade 3.2 km long Nguyen Huu Canh street with the total capital of VND473 billion (US$31.96 million) on October 5.
Tay Ninh inaugurates largest solar power project in Southeast Asia
ProjectsDau Tieng solar power complex, the largest of its kind in Southeast Asia, was inaugurated in the southern province of Tay Ninh on September 7.
Ho Chi Minh City calls for investment in Thu Thiem underground trade center
ProjectsChairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong on July 26 assigned the Department of Planning and Architecture to work with Thu Thiem New Urban Area management board to review the area's detailed zoning plan of the 1:500 scale and then draw up a plan to call for investment in an underground commercial center.
