The HCM City People’s Committee has sought the Government’s approval for a new mechanism to reduce the time it takes to make compensation payments and acquire lands needed for infrastructure development.

The Viet Nam National University HCM City (VNU-HCM) has petitioned the National Assembly’s Finance and Budget Committee for more funds to expand and seek to achieve international standards.

 VietNamNet Bridge – The Ministry of Transport has asked agencies to mobilise VND25 trillion (US$1.07 billion) in funding to expand Tan Son Nhat International Airport in HCM City’s Tan Binh District.  

VietNamNet Bridge - Lacking venture funds and strong service bases, Vietnam is still far from reaching its goal of having 5,000 technology startups by 2020.

 VietNamNet Bridge – The Vietnamese government wants domestic and foreign investors to fund airport infrastructure in the country, 

VietNamNet Bridge - The Offpeak project initiated by Christian Nguyen has received millions of dollars from a Japanese investment fund, while Vntrip.vn has called for $3 million worth of capital.

 The World Health Organization (WHO) called on Wednesday for $56 million to combat the Zika virus, a disease that has been linked to severe birth defects in Brazil and has spread to nearly 30 countries and territories.

 VietNamNet Bridge – The Prime Minister has approved the allocation of VND239 billion (US$11.5 million) for urgent evacuation plans in areas threatened by natural disasters in 24 provinces nationwide.