Significant Achievements in Vietnam-Mongolia Traditional Friendship Relations

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Hanoi Unveils Plans for a $254-Million Industrial Cluster: A Transformational Project

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The Chanh Thon carpentry village in Nam Tien commune, Hanoi’s Phu Xuyen district, boasts a rich history in traditional crafts. (Source: nongthonmoihanoi.gov.vn) Hanoi’s People’s Committee has announced plans to develop the Nam Tien Craft Village Industrial Cluster in the city’s outlying Phu Xuyen district, with a total investment of 623 billion VND (approximately 254 million USD). Spanning 26.3 hectares across Nam Tien commune and Phu Minh town, the industrial cluster will serve as a hub for traditional crafts such as carpentry and mechanical engineering. The project aims to relocate production facilities from residential areas to improve environmental protection, enhance product quality, and foster sustainable industrial practices. The Hoang Tin Urban and Infrastructure Development Investment JSC has been chosen as the main investor, and the site is expected to be completed within two years, with a projected operational lifespan of 50 years. This development is anticipat...
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Historical Destinations to Visit on Reunification Day in Ho Chi Minh City

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Ho Chi Minh City is a treasure trove of Vietnam’s rich historical heritage, particularly significant sites related to the Vietnam War. Nha Rong Harbor Nha Rong Harbor (or Ho Chi Minh Museum – Ho Chi Minh City branch) is the largest harbor in Saigon and a renowned attraction, captivating both domestic and international visitors with its unique architecture that blends French elegance and Vietnamese cultural influences. Nha Rong Harbor holds historical significance as the point of departure for President Ho Chi Minh, the revered leader of Vietnam, as he embarked on a journey to seek national liberation in 1911. This historic destination is a must-see for anyone exploring Ho Chi Minh City. Nha Rong Harbor (or Ho Chi Minh Museum – Ho Chi Minh City branch) is renowned as the largest harbor in Saigon. Photo: Saigon Local Tour Nha Rong (or Ho Chi Minh Museum) is strategically situated at the junction of the Saigon River and the end of Nguyen Tat Thanh Street. “Nha Rong” tran...
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The Tech Titans Flock to Ho Chi Minh City: Unveiling the FDI Resurgence

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Ho Chi Minh City has been making waves with its recent bold reforms, aimed at creating a more attractive investment environment. One key initiative, reintroduced in 2024, is the one-stop mechanism at industrial and high-tech parks, designed to streamline investment procedures for businesses. This efficient approach has paid off, according to the Management Board of the Saigon Hi-Tech Park (SHTP). They report a significant reduction in the time needed for investment procedures, now taking just six to four months, a far cry from the previous two-year wait. Alongside procedural improvements, the city is also investing heavily in inter-regional transport and digital infrastructure, further enhancing its appeal. These advancements have not gone unnoticed by high-tech giants. NVIDIA, Marvell, Hyosung, and Evolution Data Centers Group are among those increasing their investments in Ho Chi Minh City. NVIDIA, in particular, has shown great interest in the city’s potential, sending re...
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