HCM City pledges to implement Japanese ODA projects effectively
Ho Chi Minh City has committed to coordinating closely with the Japan International Cooperation Agency (JICA) to effectively carry out projects using the Japanese Government’s ODA.
The first train of Metro Line 1 - Illustrative image (Source: VNA)
HCM City (VNA) – Ho Chi Minh City has committed to coordinating closelywith the Japan International Cooperation Agency (JICA) to effectively carry outprojects using the Japanese Government’s ODA.
The pledge was made by Chairman of themunicipal People’s Committee Nguyen Thanh Phong while receiving the new JICAChief Representative in Vietnam, Shimizu Akira, on June 3.
Phong told the guest that the city hasbasically controlled the spread of the COVID-19 in community and moved to the newnormal state, with the dual target of disease prevention and economic recoveryand development.
In this context, it defines that steppingup public investment disbursement is one of the important measures to supportits economic development and helps speed up the process of Japan’s ODAprojects.
The official acknowledged efforts by JICAand investors in speeding up the construction on these projects, includingMetro Line 1, amid the COVID-19 outbreaks.
He suggested Akira soon sign the final loanagreement for the project, encourage the contractors to focus their resourceson finishing it by year-end, and help speed up the construction on water, andwastewater projects.
Akira expressed his hope that Ho Chi MinhCity’s economic recovery policies and activities will soon take into effect,thus contributing to stabilising Vietnam’s economy.
He proposed the city’s leaders continuefacilitating the construction of on-going projects, resume the granting of visasfor Japanese experts and engineers, and support the import of equipment andmachines serving these projects.
In the time to come, JICA will work withthe locality in carrying out the urban railway projects and study thepossibility of cooperation in the environmental field and flooding prevention,he added./.
Projects invested by Japanese investors or funded by Japanese official development assistance (ODA) capital have played a crucial role in economic development of Vietnam and Hanoi in particular, said Chairman of the municipal People’s Committee Nguyen Duc Chung.
The HCM City People’s Committee has proposed the Ministry of Planning and Investment (MPI) consider investment in building the Ben Thanh-Tan Kien No. 3A metro line and then submit the proposal to the Prime Minister for approval.
A sewer system under To Lich river in Hanoi is being built using unprecedented technology designed by a Japanese company in a bid to clean up the notoriously polluted river.
The Japan International Cooperation Agency (JICA) handed over 2,000 handbooks on infection control practices to Cho Ray Hospital in HCM City on June 3, as part of its aid package to the hospital.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
The first train of Metro Line 1 - Illustrative image (Source: VNA) 
