HCM City calls for Japanese bank’s support for green projects
Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong on November 8 expressed his wish that the Japan Bank for International Cooperation (JBIC) will support the southern largest economic hub in providing finance for Japanese and Vietnamese businesses to roll out projects aiming to promote green growth and circular economy, towards net zero emissions.
Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong (right) and JBIC Governor Hayashi Nobumitsu. (Photo: VNA)
HCM City (VNA) – Vice Chairman of the HoChi Minh City People's Committee Bui Xuan Cuong on November 8 expressed hiswish that the Japan Bank for International Cooperation (JBIC) will support the southern largest economic hub in providing finance for Japanese and Vietnamesebusinesses to roll out projects aiming to promote green growth and circulareconomy, towards net zero emissions.
At a reception for JBIC Governor Hayashi Nobumitsu, Cuongnoted that the former's visit will contribute to enhancing cooperation between HCMCity and Japanese partners, especially those investing and doing business inthe city.
HCM City appreciates the companionship of the JapaneseGovernment, people and businesses, the JBIC, and the Japan InternationalCooperation Agency (JICA) during the city’s construction and development process, theofficial said, expressing his thanks to the JBIC for its contributions to thesuccess of the HCM City Economic Forum in September, which took the theme of “GreenGrowth – Journey to Zero Net Emissions.”
He noted his hope that the bank will makerecommendations for the city on green economy, circular economy, and renewableenergy, and promote cooperation between Japanese and Vietnamese businesses inimplementing projects under the public-private partnership (PPP).
In reply, Hayashi said the JBIC has supported Japanese enterprisesin carrying out many projects in Vietnam, especially in infrastructureconstruction and energy development, affirming the bank wants and is willingto directly or indirectly provide capital for Japanese projects in theSoutheast Asian nation in achieving the goal of net zero emissions and energy transition.
Hayashi commended HCM City’s investment attractiveness andstressed that the bank stands ready to provide finance for Japanese businessesto invest and churn out products helping raise local residents’ livingstandards.
The JBIC also wishes to cooperate closely with HCMCity in green projects, covering such areas as urban waste and wastewatertreatment, and biomass power plant construction./.
Ho Chi Minh City’s financial sector has forecast that the southern economic hub’s budget revenue collection may face a shortfall of 4-5% this year as compared to the assigned estimate, mainly due to a decrease in revenue collection from import-export activities.
Ho Chi Minh City always rolls out red carpet for enterprises from the Netherlands to land investment in its hi-tech park in semi-conductor production, and the areas with high-technology content and high added value, Vice Chairman of the municipal People’s Committee Bui Xuan Cuong has said.
Vice Chairman of the People’s Council of Ho Chi Minh City Nguyen Van Dung on November 6 received a delegation of the Friendship Parliamentarians’ Association of Japan’s Osaka prefecture led by its Chairman Wada Kenji.
Ho Chi Minh City treasures and does its best to promote relations with Cambodian localities, including the capital city of Phnom Penh, contributing to the development of Vietnam-Cambodia ties, said Vice Chairman of the municipal People’s Committee Vo Van Hoan on November 8.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.