On August 30, the Ho Chi Minh City Market Management Department conducted a surprise inspection of four gold businesses in District 5, discovering goods without invoices or proof of origin.
Ho Chi Minh City Market Management authorities inspect gold shops in District 5.
The inspected businesses presented their registered business certificates as required. However, the inspection team discovered 11 gold necklace chains with unclear origins and no accompanying invoices, totaling over VND 130 million in value. A report was filed, and the case is being further investigated for legal action.
The inspection team also took the opportunity to educate the gold businesses on complying with legal regulations regarding gold and foreign currency trading.
Authorities stated that they would continue inspecting gold shops in Ho Chi Minh City in the coming period.
According to the Ho Chi Minh City Market Management Department, Team 5 will continue to inspect gold trading businesses in District 5 to help stabilize the gold market as prices soar. These efforts are part of the team’s ongoing work to combat counterfeit, unknown origin, and low-quality goods in the region.
Proposed Planning for Adding 2 New Cities in Ho Chi Minh City
According to Architect Ngô Viết Nam Sơn, Ho Chi Minh City should consider planning two cities within the city in the south and north.
Comprehensive regional connectivity
In addition to building strong physical infrastructure, Ho Chi Minh City needs to strengthen its soft connections with other provinces in the region in order to promote economic development. This includes prioritizing the training of skilled workforce and ensuring access to quality healthcare.
2023 Remittances Surpass Half of Ho Chi Minh City’s Budget Revenue
As part of the Homeland Spring 2024 program in Ho Chi Minh City, this morning (2/2), the overseas Vietnamese delegation had a tour of the City Hall and met with city leaders.
Three Economic Growth Scenarios for Ho Chi Minh City in Q1 2024
At the socio-economic meeting reviewing the results of January and setting the goals for February 2024, held this morning (1/2), the Ho Chi Minh City Institute for Research and Development has presented three economic growth scenarios for the first quarter of Ho Chi Minh City.
Emotional Kieu people when admiring Ho Chi Minh City from Metro Line 1
Ho Chi Minh City has undergone a remarkable transformation since the day I left. It now boasts a completely different appearance, exuding a fresh and vibrant energy. This sentiment was captured by Mr. Nguyen Duong Nam Phuong, a Vietnamese American, who was amazed by the city’s newfound liveliness.
