HCM City looks to bolster waste treatment cooperation with Indian firm
- 192
- Business
- 14:52 05/05/2022
DNHN - Vice Chairman of the Ho Chi Minh City People’s Committee Vo Van Hoan on May 4 met with Alla Ayodhya Rami Reddy, a member of the upper house of India, who was leading a business delegation, including representatives of the Ramky Group, to the city to explore cooperation chances in waste treatment.
The host official said HCM City welcomes Indian enterprises coming to explore opportunities and make long-term investment and business. It is always ready to create the best possible conditions for Indian firms to invest in industrial park infrastructure and convert old industrial parks into the ones that apply modern and advanced technologies.
The Ramky Group’s intention to build a hi-tech waste treatment plant highly matches the demand and development orientations in the city and Vietnam as a whole, Hoan said, adding that HCM City highly values Indian businesses’ experience and technological capabilities in waste treatment.
HCM City hopes that Ramky will consider, give advice, and implement waste treatment projects at existing landfill sites while constructing a large-scale wastewater treatment system for the city, according to the Vice Chairman.
For his part, Reddy, who is also the founder of Ramky, affirmed his wish to enhance cooperation with HCM City and other southern localities of Vietnam in the treatment of urban, medical, and industrial waste, along with wastewater, by using advanced technology.
The group looks to raise its investment in Vietnam to 1 billion USD from the initial 150 million USD committed in a memorandum of understanding on cooperation signed in December 2021, he noted.
Speaking highly of HCM City’s vision on urban waste treatment, he stated that Ramky possesses sufficient experience, technology, and resources and wishes to take part in the city’s vision planning, especially in building waste treatment plants and transforming existing landfill sites into areas with new value serving local residents.
The group also hopes to seek investment opportunities in developing industrial park infrastructure and pharmaceutical technology, Reddy added.
During National Assembly Chairman Vuong Dinh Hue’s visit to India in December 2021, Ramky and the Film SKC Vietnam Co. Ltd signed an MoU on waste-to-energy cooperation worth 150 million USD.
Related news
- VINASME and Jeonnam Technopark Sign MOU on technology cooperation, human resource training, and trade promotion
- Vietnamese entrepreneurs strengthen ASEAN connectivity in the digital iIntegration era
- Prime Minister: Vietnam aims to become a regional logistics hub
- Vietnam upgraded to Secondary Emerging Market by FTSE Russell
- Hanoi’s economy grows 7.92% in first nine months of 2025, FDI surges nearly threefold
- Vietnam’s strong gdp growth fails to ease labor market distress
- US tariffs on Brazil propel Vietnam’s pangasius into global spotlight
- VietLeap AI Accelerator launches: A strategic springboard for Vietnam’s AI startups
- CICON expands strategic alliances: A new step forward in Vietnam–Korea business connectivity
- What must Vietnamese enterprises do to maintain their position in the global supply chain?
- Vietnam advances cybersecurity law to boost digital sovereignty and business resilience
- Vietnam embraces digital tools to modernize public administration
- Administrative procedures for establishing the national technology exchange reduced to one application set
- Vietnam hits highest FDI inflow since 2009, fuels industrial real estate boom
- Foreign investors expected to open 150,000 new securities accounts in the next 5 years
- Government’s plan to implement Law on Digital Technology Industry approved
- Vietnam launches “Private Economy Panorama Model” to foster public-private national development
- Shark Nguyễn Hòa Bình: Hanoi will become the capital of startup innovation.
- Deputy Prime Minister Lê Thành Long meets with Osaka Governor Yoshimura Hirofumi to promote Vietnam–Japan cooperation.
- White House: When politics and technology join forces to rewrite the global AI order
Đọc thêm Business
VINASME and Jeonnam Technopark Sign MOU on technology cooperation, human resource training, and trade promotion
On October 15, 2025, in Hanoi, VINASME and Jeonnam Technopark (Korea) signed an MOU to promote trade, advance technology transfer, and develop human resources between enterprises of both nations.
Vietnamese entrepreneurs strengthen ASEAN connectivity in the digital iIntegration era
On the occasion of Vietnam Entrepreneurs’ Day (October 13), an international event themed “Integration – Innovation – Sustainable Development” was solemnly held in Ho Chi Minh City.
Vietnam upgraded to Secondary Emerging Market by FTSE Russell
FTSE Russell has officially upgraded Vietnam’s stock market to Secondary Emerging Market status, effective September 2026, marking a historic milestone for the country’s financial integration and global investment appeal.
US tariffs on Brazil propel Vietnam’s pangasius into global spotlight
Vietnam’s pangasius industry eyes $2 billion worth of exports in 2025 amid shifting US trade policy and a global supply realignment.
CICON expands strategic alliances: A new step forward in Vietnam–Korea business connectivity
On the afternoon of September 26, 2025, a strategic cooperation signing ceremony took place between CICON (Korea) and its key Vietnamese partners, including the Ho Chi Minh City Association of Small and Medium Enterprises (HUBA), Doanh nghiệp & Hội n
What must Vietnamese enterprises do to maintain their position in the global supply chain?
Mr. Lu Wei Chieh, General Manager of Cathay United Bank – Ho Chi Minh City Branch, shared with Business & Integration Magazine key strategies that can help Vietnamese enterprises not only stand firm but also go further amid shifting global dynamics.
Vietnam hits highest FDI inflow since 2009, fuels industrial real estate boom
This robust inflow is not only transforming the country’s industrial landscape but also signaling Vietnam’s rising role in the global supply chain amid shifting geopolitical dynamics.
Foreign investors expected to open 150,000 new securities accounts in the next 5 years
The Ministry of Finance has set an ambitious target to increase the number of securities trading accounts held by foreign investors in Vietnam to 200,000 by 2030—four times higher than the current figure.
Vietnam launches “Private Economy Panorama Model” to foster public-private national development
Billionaire Nguyen Thi Phuong Thao emphasizes that entrepreneurs’ responsibilities extend beyond profits to creating social value.
Deputy Prime Minister Lê Thành Long meets with Osaka Governor Yoshimura Hirofumi to promote Vietnam–Japan cooperation.
As part of his working visit to Japan and participation in the Vietnam National Day at EXPO 2025 Osaka, on September 8, Deputy Prime Minister Lê Thành Long held talks with Osaka Governor Yoshimura Hirofumi.