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VIETNAM BUSINESS NEWS JANUARY 26


VIETNAM BUSINESS NEWS JANUARY 26
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 26/01/2021
  
13:39
GMT+7
HCMC targets lower investments in IPs this year
An export processing zone in HCMC. HEPZA has set this year’s investment attraction target US$200 million lower than last year - PHOTO: LE HOANG
With concerns over land shortage and the unpredictable Covid-19 situation, the HCMC Export Processing and Industrial Zone Authority (HEPZA) has set this year’s investment attraction target US$200 million lower than last year.
According to a HEPZA representative, fresh and additional capital registered at the city s industrial parks and export processing zones exceeded US$760 million last year, up 52% against the 2020 target and 17% against 2019. ....

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Businesses in talks for exporting craft beer named after Vietnam's two archipelagos | Tuoi Tre News


Monday, January 25, 2021, 19:16 GMT+7
A customer holds a bottle of the Hoang Sa Special craft beer in Ho Chi Minh City. Photo: Hai Kim / Tuoi Tre
Several distributors have hold discussions with a Vietnamese craft beer maker for the export of the beverages that carry the names of Vietnam’s Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagos.
Seefahrer Premium Beer Co. Ltd., a local brewery, recently introduced two new products Truong Sa Special and Hoang Sa Special with the intention of promoting patriotism and asserting Vietnam’s sovereignty over the groups of islands.
Although the two craft beer products are new to the market, they have attracted huge interest from both domestic and foreign consumers, according to Seefahrer Premium Beer’s director Tran Song Hai. ....

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Ho Chi Minh City to reroute traffic in downtown area for Lunar New Year celebrations


Saturday, January 23, 2021, 09:28 GMT+7
An artist’s impression of the 2021 Nguyen Hue Flower Street.
The Ho Chi Minh City Department of Transport announced a detailed plan of rerouting traffic on several streets in District 1 ahead and during the upcoming 2021 Lunar New Year, or Tet, celebrations.
The adjustment will be effective from January 25 to February 16 for preparation of a book street and a flower street.
Accordingly, all vehicles will be banned from taking the U-turn on Nguyen Hue Street near Ton Duc Thang Street from 7:00 am January 25 through February 9.
The alternative route is: Nguyen Hue Street → Ton Duc Thang Street → Vo Van Kiet Street → the underpass below Khanh Hoi Bridge → Ton Duc Thang Street → Me Linh Roundabout → Ton Duc Thang Street → Nguyen Hue Street. ....

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