VIETNAM BUSINESS NEWS MAY 19 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
19/05/2021 10:50 GMT+7
Foodstuff prices rise, pose inflation threat
A supermarket in HCM City. With the costs of materials needed for foodstuffs rising, businesses are finding ways to cut costs so that they can keep prices steady. Photo nhandan.com.vn
Prices of foodstuffs have been increasing due to rising costs of raw materials.
Do Van Khuol, supply director of Saigon Food Company, said the cost of both domestically sourced and imported inputs have risen, including those of rice and seafood, whose output has fallen.
Architect warns Thu Duc City needs thorough planning, from strategy to implementation Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
21/01/2021 12:08 GMT+7
Ngo Viet Nam Son, a respected architect, said Thu Duc City needs methodical planning to avoid becoming just a huge real estate project.
Arcitect Ngo Viet Nam Son
Son spoke to VietNamNet about Thu Duc City, a very large project which needs thorough preparation from strategy to planning. The planning must be followed by careful implementation, which is a weakness of urban areas in Vietnam, he said.
In many cases, urban planning is drawn up but there is no plan to implement it. And sometimes construction works develop in an uncoordinated way. As for Thu Duc, a new city, it is necessary to implement proper planning in a comprehensive way.
Raft of developments far behind schedule 18:00 | 22/12/2020
The approval of the proposed merger of districts 2, 9, and Thu Duc in Ho Chi Minh City is hoped to open doors for local economic growth, in the real estate sector in particular. However, weaknesses in infrastructure and long-delayed property projects remain the biggest obstacles to success.
Thu Duc City is planned to develop into Ho Chi Minh Cityâs new creative urban and financial hub, photo Le Toan
Tran Quang Lam, director of Ho Chi Minh City Department of Transport, said that the future Thu Duc City would demand about VND300 trillion ($13 billion) to upgrade transport infrastructure. Of this, roads are forecast to occupy about VND135 trillion ($5.87 billion), railways and buses will need more than VND140 trillion ($6.08 billion), and waterways will require about VND24 trillion ($1.04 billion).