Business

HCMC keen to learn about urban management

Ho Chi Minh City wants to learn from Singapore’s experience in urban management, education and its development of science and technologies as it faces unprecedented levels of traffic congestion, has limited opportunity to develop human resources and needs to improve its global competitiveness.
Ho Chi Minh City wants to learn from Singapore’s experience in urbanmanagement, education and its development of science and technologies asit faces unprecedented levels of traffic congestion, has limitedopportunity to develop human resources and needs to improve its globalcompetitiveness.

The Secretary of the HCM CityParty Committee, Le Thanh Hai, stated this at a reception forSingaporean President Tony Tan Keng Yam in HCM City on April 25.

Hai said that HCM City highly values theSingaporean leaders’ vision and strategies after turning the islandstate into a financial, maritime and educational centre.

The municipal leader also informed his guest of the increasingly deepand effective cooperation in investment, trade, tourism, and educationand training between HCM City and Singapore . This can be seen bythe number of Singaporean businesses that invest in the city, withcurrently over 500 projects worth more than 6 billion USD.

President Yam said he is willing to cooperate and share Singapore ’sexperiences in urban management, traffic control, and water and sewagetreatments with Vietnam .

He added that moreSingaporean businesses want to invest in the city, the country’s largesttrading hub and expand their operations to other localities.

Later the same day, President Yam and his delegation visited theRiviera Point project in District 7, developed by Keppel Land Companywhich is an affiliate of Singapore ’s Keppel Group. The companyoperates 18 projects worth nearly 2 billion USD in Vietnam. -VNA
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