Ho Chi Minh City: Piloting digital transformation in retail

Ho Chi Minh City: Piloting digital transformation in retail

Ho Chi Minh City is implementing comprehensive solutions to assist businesses and citizens in embracing digitalization.
Examine a series of businesses whose directors have just had their departure postponed

Examine a series of businesses whose directors have just had their departure postponed

Due to tax arrears, 6 business directors have just been notified by the Customs to temporarily suspend their departure from the country. Why do these businesses owe taxes?
HCM City Customs revoke declared value of more than 4,000 declaration after consultation

HCM City Customs revoke declared value of more than 4,000 declaration after consultation

Through price consultation operations for import and export goods, Ho Chi Minh City Customs Department has rejected the declared value of over 4,000 customs declarations.
HCM City prevents and handles many prominent groups of counterfeit and smuggled goods

HCM City prevents and handles many prominent groups of counterfeit and smuggled goods

Competent forces in HCM City have focused on controlling and handling many outstanding groups of contraband and counterfeit goods on the market under the direction of the Prime Minister.
Vietnam owns significant advantages in attracting FDI

Vietnam owns significant advantages in attracting FDI

VCN - Vietnam's economy has passed the most dangerous and difficult period and is now more stable. Inflation, exchange rates, and interest rates have decreased, bank liquidity has stabilized, and the stock and bond markets have experienced shocks and begu
Ho Chi Minh City: 63% of outstanding loans with interest rates below 10%

Ho Chi Minh City: 63% of outstanding loans with interest rates below 10%

VCN - Interest rates on loans in HCMC have declined significantly, with 63% of outstanding loans bearing rates below 9.75%, according to the State Bank of Vietnam’s HCMC branch.
HCM City approves research project for building Can Gio int’l transshipment port

HCM City approves research project for building Can Gio int’l transshipment port

The Standing Board of the Ho Chi Minh City Party Committee has basically agreed with a research project for the construction of the Can Gio international container transshipment port submitted by the Party civil affairs committee of the city People's Committee, with a note on minimising negative impacts on the ecological environment and people's life during the implementation phase.
Remittances to HCM City up 37% in first haft of 2023

Remittances to HCM City up 37% in first haft of 2023

Remittances to Ho Chi Minh in the first half of 2023 topped 4.33 billion USD, an increase of 37% compared to the same period last year, the State Bank of Vietnam’s (SBV) HCM City branch reported.
HCM City seeks to promote export of mechanical products

HCM City seeks to promote export of mechanical products

Ho Chi Minh City authorities have actively collaborated with local businesses to strengthen trade promotion activities, aiming to promote the export of mechanical and digital technology products and electrical equipment, which are of strengths of the southern economic hub.
HCM City seeks ways to attract more remittances

HCM City seeks ways to attract more remittances

The southern largest economic hub of Ho Chi Minh City is striving to achieve an annual growth rate of at least 10% in the inflow of remittances during the 2023-2025 period and maintains this rate in 2025-2030.
Remittances to HCM City likely to hits 7 billion USD in 2023

Remittances to HCM City likely to hits 7 billion USD in 2023

Remittances to Ho Chi Minh City are expected to reach 7 billion USD in 2023, an annual increase of about 6-7%.
Measures sought to make HCM City more attractive to foreign investors

Measures sought to make HCM City more attractive to foreign investors

Experts and economists gathered at a seminar in Ho Chi Minh City on May 12 to discuss measures to help the southern largest economic hub enhance its attractiveness to foreign investors amid its standstill situation in drawing foreign direct investment (FDI).
HCM City Customs Department facilitates imports and exports

HCM City Customs Department facilitates imports and exports

VCN - The import and export turnover across HCM seaports decreased sharply, affecting the city's revenue.
HCM City unlocks resources for development

HCM City unlocks resources for development

The year 2023 is considered a pivotal year to drive growth of Ho Chi Minh City for upcoming years under its economic recovery and development strategy for 2022-2025, after achieving impressive recovery last year.
HCM City set an objective of 100% of e-invoices from cash registers

HCM City set an objective of 100% of e-invoices from cash registers

The People's Committee of Ho Chi Minh City issued a document directing affiliated departments, branches and localities to focus on implementing solutions to ensure 100% of e-invoices initialized from cash registers
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