HCM City accelerating work on bus rapid transit route Society

HCM City accelerating work on bus rapid transit route

A number of bidding packages under the Green Transport Development Project, to develop a new Bus Rapid Transit (BRT) corridor in HCM City, are scheduled to be kick started in the fourth quarter of 2021, according to the HCM City Management Board for Traffic Works Construction and Investment.
HCM City speeds up work on first bus rapid transit route Society

HCM City speeds up work on first bus rapid transit route

The Ho Chi Minh City People's Committee has urged the city’s Management Authority for Urban Railways (MAUR), the Management Board for Traffic Works Construction and Investment and relevant agencies to speed up implementation of the first bus rapid transit route (BRT No 1), which will connect with Metro Line No 1.
HCM City in need of more affordable housing Society

HCM City in need of more affordable housing

Ho Chi Minh City is expected to need an additional 160,000 social housing apartments in the next decade to meet its rising population and demand for affordable housing, according to the city’s Department of Construction.
HCM City draws up master plan on solid waste Environment

HCM City draws up master plan on solid waste

HCM City is drawing up a master plan on solid waste management and treatment for the next five years, aiming to have 100 percent of its domestic solid waste to be collected and treated and at least 80 percent of solid household waste classified at source.
HCM City seeking ways to attract more FDI Business

HCM City seeking ways to attract more FDI

HCM City is enacting numerous solutions to facilitate FDI into the city by focusing on infrastructure and administrative procedures, as the fund poured into it has been dwindling this year.
Industrial park stocks attractive post-pandemic Business

Industrial park stocks attractive post-pandemic

Despite short-term difficulties, the prospects for industrial park stocks will increase after the COVID-19 pandemic is over, driven by the relocation of global firms to diversify supply chains, with many picking Vietnam as their destination.
HCM City cuts costs for first BRT route Society

HCM City cuts costs for first BRT route

Investment for Ho Chi Minh City’s first Bus Rapid Transit (BRT) route extending 25km between the city’s eastern and western sections has been cut by 13 million USD to 143 million USD by the municipal People’s Committee.
HCM City readies land to expand infrastructure Society

HCM City readies land to expand infrastructure

Ho Chi Minh City authorities promise to offer competitive land rentals and other incentives at industrial parks (IPs) and export processing zones (EPZs) besides improving the business environment and simplifying administrative procedures to attract investment.