Want to be in the loop?
subscribe to
our notification
Business News
HCM CITY SEEKS INVESTORS FOR WASTEWATER TREATMENT PLANTS
HCM City is calling for investment in three planned wastewater treatment projects to treat about 365,000 cubic metres of wastewater a day in Thủ Đức City.
The planned wastewater treatment projects include Bắc Sài Gòn 1 with a capacity of 700,000cu.m per day, Bắc Sài Gòn 2 with a capacity of 130,000cu.m per day and Suối Nhum with a capacity of 65,000cu.m per day.
The municipal People’s Committee has asked the city’s Department of Planning and Investment to coordinate with relevant units to promote investment in the projects.
The city plans to open bidding for selecting investors to implement these projects by 2025, and expects to complete them in the 2026-30 period.
These projects will help the city reach its target of treating 100 per cent of domestic wastewater before being discharged into the environment.
In recent years, the amount of wastewater discharged into the environment has continuously increased. The average wastewater volume is estimated to have increased by nearly 7 per cent each year.
More than 1.5 million cu.m of wastewater is generated daily in the city. Meanwhile, the total amount of treated wastewater in the city only accounts for more than 12 per cent.
Untreated wastewater is discharged directly into the environment, affecting the landscape, water quality and daily lives of people.
For example, the Tham Lương – Bến Cát – Rạch Nước Lên canal has become a nightmare for residents on both sides of the canal because of its foul smell every time it rains.
The canal has a total length of 32.7km and spreads through the seven districts of Bình Tân, Tân Phú, Tân Bình, Gò Vấp, Bình Chánh, Bình Thạnh and 12.
The canal has been polluted for many years, affecting the living conditions of local residents.
After nearly seven years since the first phase was completed, construction on the second phase of the project on water drainage and environmental improvement of the polluted Tham Lương – Bến Cát – Rạch Nước Lên Canal in HCM City began in February, 2023.
The project will cost VNĐ8.2 trillion (nearly US$343 million). Construction is expected to be completed in 2025.
It aims to improve the quality of the environment and drainage systems, expand waterway traffic, improve the quality of life for local residents and give a facelift to areas on the banks of the Tham Lương canal.
By 2025, the city aims to reach its targets in water pollution reduction with about 2.6 million cu.m of wastewater treated, equivalent to 80 per cent of the total volume of wastewater.
To achieve this goal, the city is focusing on implementing the second phase of its environmental sanitation project (Nhiêu Lộc – Thị Nghè Basin) by 2030.
Source: VNS
Related News
CHW30200 LUGGAGE – THE IDEAL TRAVEL COMPANION FOR MODERN JOURNEYS
• Compact & practical design – easy to carry on any trip• Optimized storage space – keep your belongings organized and efficient• Durable construction – enhanced protection for your essentials on the go
OKTOBERFEST VIETNAM 2026 RETURNS @ WINDSOR PLAZA HOTEL
Save up to 25% until 31 August 2026! For 30+ Tickets, contact Hotline for exclusive offers. From 23 - 26 September 2026, don't miss your chance to immerse yourself in the vibrant atmosphere of Oktoberfest Vietnam - one of Saigon's most anticipated celebration of German culture, cuisine and music. Inbox us to secure your ticket or contact.
THE REVERIE SAIGON’S MOONCAKE COLLECTION 2026 - THE MOONLIT BLOSSOMS
Inspired by the autumn full moon, blooming Osmanthus, and vibrant Peonies, The Reverie Saigon presents The Moonlit Blossoms collection, featuring three exquisite masterpieces that celebrate harmony, prosperity, and the joy of reunion. Discover more & Place your order: https://www.thereveriesaigondining.com/mooncake-collection-2026
GOV’T PROPOSES REDUCING INCOME TAX BY 30% FOR BUSINESS WITH REVENUE OF VND10 BLN
The Government is preparing to submit to the National Assembly a proposal to reduce income tax by 30 percent in the 2026–2027 period for business households, individuals, and enterprises with annual revenue up to VND 10 billion (US$381,621). The Government also proposes a 30 percent reduction in personal income tax for micro-enterprises with annual revenues of up to VND 10 billion in 2026 and 2027.
HÀ NỘI SEEKS NEW GENERATION OF FDI TO POWER TECH, INNOVATION-LED GROWTH
After more than three decades as one of Việt Nam's leading destinations for foreign investment, Hà Nội is entering a new phase, shifting its focus from attracting capital in volume to drawing technology-intensive investment that can help transform the capital into a regional hub for research, innovation and high-tech industries.
BANK COUPON RATE HITS RECORD HIGH OF 10% PER YEAR
Amid surging demand for capital, commercial banks have been ramping up bond issuance, with rates reaching a record high of 10 per cent per year. Sacombank has recently announced the completion of three private bond placements in July, raising a total of VNĐ3.65 trillion (US$139 million) to raise medium- and long-term capital, strengthen financial capacity, enhance risk resilience and meet regulatory capital requirements.
























