Parkson Vietnam has filed for voluntary bankruptcy proceedings to the HCMC People’s Court on April 28 after years of losses in the Vietnamese market.

Fresh foreign direct investment (FDI) approvals nationwide in the year to April 20 had reached nearly US$8.9 billion, down 17.9% against the year-ago period, according to the Foreign Investment Agency at the Ministry of Planning and Investment.

Vietnam made only US$13.2 billion in export revenue in the first half of April, down 19.2% compared to the second half of March, according to preliminary data from the General Department of Vietnam Customs.

Many inner-city streets will be closed to traffic on the evenings of April 28 and 30 to make room for the city’s Reunification Day celebration, said the HCMC Department of Transport.

The third test run of Metro Line No.1, which links Ben Thanh Market and Suoi Tien Theme Park, attracted roughly 2,000 people on April 26.

The number of real estate businesses pulling out of the market surged in the first quarter of this year while new market entrants dropped sharply, according to the Ministry of Construction.

Vietnamese National Assembly Chairman Vuong Dinh Hue arrived in Buenos Aires, the capital of Argentina on the morning of April 24, beginning his official visit to this country.

Starting from July 1 this year, investors can register business online, making the business registration process simple and easy, particularly for household businesses.

The HCMC People’s Council has endorsed the city People’s Committee’s proposal to add VND19,555 billion to the city’s 2021-2025 mid-term investment plan, funded by the local budget.

Two components of the Eastern North-South Expressway project, with a total length of 200 kilometers, will be temporarily opened to traffic on April 30 in celebration of Vietnam’s Reunification Day.