Outer-ring urban areas are reshaping the residential property market in HCM City thanks to large-scale developments and ongoing urban expansion, experts said.
The target, set under the Politburo’s Resolution 68 on private sector development, means the country will need to add around 200,000 net active businesses each year over the next five years.
The exhibition, jointly organised by VINEXAD Company and the HCM City Medical Equipment Association (HMEA), features 380 booths displaying thousands of products .
The reform strategy, approved under Decision 1413/QĐ-TTg, envisions a more balanced financial market structure with stronger links between its banking, capital and insurance sectors, in line with the country’s target of high growth by 2045.
With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.
Việt Nam aims to position the IFC among the world’s top 75, the Asia-Pacific’s top 25 and third in ASEAN according to the Global Financial Centres Index or equivalent international index.
Remittances to HCM City through credit institutions and economic organisations increased 1.4 per cent quarter-on-quarter to more than US$2 billion in the second quarter of 2026, but were 28 per cent lower than a year earlier
Business representatives said high interest rates are not only increasing financing costs, but also discouraging investment, particularly among small and medium-sized enterprises (SMEs), which account for more than 98 per cent of all businesses in Việt Nam.
The city said the proposal is intended to implement the Politburo''s Resolution 57 on science, technology, innovation and digital transformation while addressing growing demand for highly skilled workers in strategic sectors.
In an interview with the Vietnam News Agency, Associate Professor Nguyễn Hữu Huân, Vice Chairman of the Executive Board of the Việt Nam International Financial Centre in HCM City, discussed how the new policy direction of Resolution 10 could reshape...