HCM City Named among World's Top Ten Most Dynamic Cities
The U.S.’s Business Week magazine has just listed Vietnam’s southern economic hub, Ho Chi Minh City, among ten most dynamic cities, which will play role as a transmission destination from developed countries amid the global economic crisis.
According to the magazine, in the context of economic meltdown, foreign corporations will surely seek to send their capitals to highly effective addresses and young cities with a plentiful source of skilled and cheap laborers will be on their choice in first.
Ho Chi Minh City, ranked the fourth in the list respectively after the Philippines’ Cebu, China’s Shanghai and Beijing, is well-known for the strong development of information and technology, products business, and the presence of global giants like FPT, IBM, Luxoft.
The remaining cities include Poland’s Krakow, India’s Kolkata, Egypt’s Cairo, Brazil’s San Paulo, Argentina’s Buenos Aires and China’s Shenzen. (Youth)
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