Citi business news

President visits City businesses (22-02-2007) President Nguyen Minh Triet greets leaders and staff of the HCM City Party Committee yesterday. — VNA/VNS Photo Tu Hai HCM CITY — President Nguyen Minh Triet toasted the managers, staff and successes of Sai Gon Jewellery Company with Happy New Year greetings yesterday, adding that the company needed to work even harder to integrate itself decisively into the world’s trade nexus. Visiting the company at its headquarters in HCM City, President Triet said he was pleased with the company’s achievements last year after hearing positive reports from the company’s President of the Managing Board, Le Hung Dung, and General Director Nguyen Thanh Long. Managers reported that last year the firm enjoyed trading turnover of 17 trillion (US$1 billion), three times the revenues of 2005. Earnings came in at VND96 billion ($6 million) last year. The President praised the company’s staff for their zeal and evident … [Read more...] about President visits City businesses

Prime Minister Nguyễn Xuân Phúc receives Park Shin Won, former Governor of the RoK’s Osan City, in Hà Nội on Tuesday. — VNA/VNS Photo Thống Nhất HÀ NỘI — Receiving a Korean official, Prime Minister Nguyễn Xuân Phúc stressed that the Vietnamese Government strives to provide good conditions for foreign investors, including those from the Republic of Korea (RoK). Park Shin Won, former Governor of the RoK’s Osan City, visited Hà Nội on Tuesday and was welcomed by PM Phúc. He gave high estimations to Park’s dedicated efforts to promoting investment and cooperative activities with Vietnamese localities, especially the central province of Quảng Nam. He noted that the efforts have strengthened the strategic partnership between the RoK and Việt Nam. … [Read more...] about PM Nguyễn Xuân Phúc hosts former RoK city governor

General Secretary of the Communist Party of Việt Nam (CPV) Nguyễn Phú Trọng on Thursday urged HCM City to be proactive in gaining support and assistance from other sectors to achieve stronger growth.— VNA/VNS Photo Trí Dũng HÀ NỘI — General Secretary of the Communist Party of Việt Nam (CPV) Nguyễn Phú Trọng on Thursday urged HCM City to be proactive in gaining support and assistance from other sectors to achieve stronger growth. He was addressing a special meeting between the Politburo and the HCM City Party Committee’s Standing Board to review the five-year implementation of the Politburo’s resolution on orientations and tasks for development of the southern metropolis. HCM City is a special urban area, a major economic, cultural, educational, scientific and technological hub, he noted, a destination of international exchanges and integration, and a driver of the southern key economic region. Holding an important political position, the city has made crucial contributions to … [Read more...] about Politburo chief urges HCM City to achieve stronger growth

Minister of Construction Phạm Hồng Hà (sixth from left) and South Korean Minister of Land, Infrastructure and Transport Kim Hyun-mi (seventh from left) take a photo with architectural and construction experts at a seminar on smart cities in Hà Nội on Thursday. — VNS Photo Bảo Hoa Viet Nam News HÀ NỘI — Developing smart cities will provide solutions for basic urban issues in Việt Nam, an official from the Ministry of Construction (MoC) said at a seminar on smart cities held in Hà Nội on Thursday. The seminar was held between Việt Nam and South Korea’s experts, within the framework of South Korean President Moon Jae-in’s State visit to Việt Nam. Việt Nam’s Minister of Construction Phạm Hồng Hà and South Korean Minister of Land, Infrastructure and Transport Kim Hyun-mi attended the seminar. Speaking at the seminar, Dr Lưu Đức Cường, director of MoC’s Urban Planning Institute – Rural Construction Department, said that he used to doubt whether it was “too early” to … [Read more...] about VN, S. Korea collaborate on “smart city” development

The road leading to Hoàng Long urban area. — Photo: Tuổi trẻ Viet Nam News HÀ NỘI — Police of central Khánh Hòa Province yesterday started criminal proceedings against Lê Huy Toàn, deputy chairman of Nha Trang City’s People’s Committee, for lacking responsibilities and causing serious consequences related to Hoàng Long urban area project. The police also issued a house searching order and prohibited Toàn from leaving his residence. Toàn was president of a council in charge of resettlement compensation and assistance for Hoàng Long urban area project in Phước Long Commune which is invested by Construction and Geology Investment UPGC One Member Joint Stock Company. Khánh Hòa Province police are expanding investigation into the project’s violations. Police also commenced criminal proceedings against two other officials – Lương Như Giáp, official of Nha Trang City’s Finance and Planning Division and Võ Mỹ, official of the city’s urban management division for similar … [Read more...] about Nha Trang City’s deputy chairman investigated

Nguyễn Thành Tài, former vice chairman of the HCM City People’s Committee. — Handout photo from the Ministry of Public Security Viet Nam News HCM CITY — The former vice chairman of HCM City was detained on Saturday for alleged violations in his handling of a State-owned 5000sq.m. prime land lot in the city’s downtown district. Over the weekend, the investigation unit of the Ministry of Public Security started legal proceedings against Nguyễn Thành Tài, 66, who served as vice chairman and then permanent vice chairman of the HCM City People’s Committee in the 2001-10 and 2010-15 periods. Police announced that Tài, together with three other senior officials of HCM City’s Natural Resources and Environment Department – Nguyễn Hoài Nam, 53, Secretary of the District 2 Party Committee and former head of the department’s land management office; Trương Văn Út, 48, former deputy head of the land management office; and Đào Anh Kiệt, 61, the department’s former director – were charged … [Read more...] about Four senior HCM City officials charged with land management violations