by Teuvo Tuomi | Dec 23, 2024 | Ho Chi Minh, Infrastructure, News, Transportation, Vietnam
Ho Chi Minh City is finally opening the first metro for its 10 million residents. The 19.7 kilometre metro line was green-lighted in 2007 with an initial cost estimate of about 17.4 trillion dong (about 684 million USD), but it eventually swelled to 43.7 trillion dong...
by Teuvo Tuomi | Nov 25, 2024 | Climate, Environment, Ho Chi Minh, News, Vietnam
Ho Chi Minh City is prioritizing “green vehicles” that use environmentally friendly energy sources like electric and CNG vehicles, as well as efforts to reduce the use of personal vehicles. As part of the 2020-2030 environmental pollution reduction...
by Teuvo Tuomi | Oct 25, 2024 | News, Environment, Finland, Ho Chi Minh, Sustainability, Vietnam
“The remarkable growth of Ho Chi Minh City is impressive, and I commend its efforts in driving such rapid development,” Finland’s Minister for Foreign Trade and Development Ville Tavio says. “Finland is fully committed to supporting the city’s...
by juuso | Oct 18, 2024 | Vietnam, Business, Economy, EU, Hanoi, Ho Chi Minh, News
[Vietnam, 8 October 2024] The European Chamber of Commerce in Vietnam (EuroCham Vietnam) has released its Q3 2024 Business Confidence Index (BCI) report, reflecting a positive trend in business sentiment despite the economic challenges posed by Typhoon Yagi and...
by Teuvo Tuomi | Oct 7, 2024 | Vietnam, Economy, Ho Chi Minh, Infrastructure, News
In Ho Chi Minh City, 1,915 apartments were sold in the primary market in the third quarter, down 16% from the second, according to property consultancy Savills Vietnam. The absorption rate was 39% in the third quarter, a 2%-point decrease from the second. Mid-priced...
by Teuvo Tuomi | Sep 22, 2024 | Vietnam, Aviation, Ho Chi Minh, News, Travel
Construction of Terminal 3 at Ho Chi Minh City’s Tan Son Nhat Airport is 90% complete with structural work done and installations underway. The terminal is set to open in April 2025, two months ahead of schedule, with a capacity of 20 million passengers annually....
