Saigon

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Saigon
Saigon is Vietnam's largest city. The city of Saigon is the economic capital of the country as it is the center of foreign trade, houses the Saigon Stock Exchange (The only stock exchange in Vietnam), is home to the Vietnam Space Application and Test Center, the Vietnam Space Exploration Administration's R&D center, and is a national industrial titan.

Geography
Saigon is located in the south-eastern region of Vietnam, 1,760 km (1,090 mi) south of Hanoi. The average elevation is 19 metres (62 ft) above sea level. It borders Tây Ninh Province and Bình Dương Province to the north, Đồng Nai Province and Bà Rịa–Vũng Tàu Province to the east, and Long An Province to the west.

Climate
The city has a tropical climate, specifically a tropical wet and dry climate, with an average humidity of 78–82%. The year is divided into two distinct seasons. The rainy season, with an average rainfall of about 1,800 millimetres (71 in) annually (about 150 rainy days per year), usually begins in May and ends in late October. The dry season lasts from December to April. The average temperature is 82 °F, with little variation throughout the year. The highest temperature recorded was 104 °F in April while the lowest temperature recorded was 57 °F in January. On average, the city experiences between 2,400 to 2,700 hours of sunshine per year.

Economy and Population
Saigon has been afforded exceptional industrial growth since the creation of the Cambodia-Laos Mining Colony Networks, with the Cambodian Mining Network feeding almost exclusively into Saigon. With the industrial boom came a population boom with standards of living in Saigon rising over much of the rest of the nation. As of 1965, the population stands at about 611,845 people. The Regional Committee of Saigon has been authorized to issue business visas for most nations.

Industry
Saigon's industry is heavily focused around manufacturing, with steel mills and miscellaneous goods factories dotting the industrial zone of the city. Food processing also plays a large role in the city's economy with local and regional communes feeding raw agricultural goods to the city for processing into more refined food products, which are them shipped mostly domestically, though crushed black pepper and canned coffee are large international exports.

Saigon Stock Exchange
In October of 1964, the Central Committee authorized the creation of the Saigon Stock Exchange under the review of the State Securities Commission of Vietnam (SSCV), which itself is under the Ministry of Finance. As of 1965, the Saigon Stock Exchange's foreign policy stands at 20% foreign ownership of equities and 40% ownership for bonds.

Saigon University
Established in 1965, Saigon University is Vietnam's first "land-grant" university, featuring Schools of Agriculture, Science, Military Science, and Engineering. Upon establishment, the Ministry of Education announced that the "land-grant" model of Saigon University would be the model for future state-funded universities.

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