Thu Thiem New Urban Area

Ho Chi Minh City church recognized as historic relic

Ho Chi Minh City church recognized as historic relic

Lifestyle

Ho Chi Minh City authorities have conferred the status of historic relic on the Congregation of the Holy Cross Lovers and Thu Thiem Church in District 2.

Gov’t inspectors to announce boundaries of Thu Thiem urban project before Tet

Gov’t inspectors to announce boundaries of Thu Thiem urban project before Tet

Policy

The Government Inspectorate will announce the revised zoning boundaries of five adjacent quarters affected by the controversial Thu Thiem New Urban Area project in District 2, HCMC, ahead of the upcoming Lunar New Year.

Plans announced for Ho Chi Minh City eastern innovation area

Plans announced for Ho Chi Minh City eastern innovation area

Policy

An “innovation urban area” in eastern Ho Chi Minh City will include the Thu Thiem new urban area, Rach Chiec sports complex and Tam Da eco-tech center, according to plans announced at a ceremony on November 23.

HCMC to reclaim VND1.8 trillion from investor of 4 road projects in Thu Thiem

HCMC to reclaim VND1.8 trillion from investor of 4 road projects in Thu Thiem

Policy

HCMC Chairman Nguyen Thanh Phong has approved to collect over VND1.8 trillion (US$77.5 million) in unpaid land-use fee from the investor developing four key road projects in exchange for land in Thu Thiem new urban area.

Thu Thiem auction lures international developers

Thu Thiem auction lures international developers

Investment

The auction of 55 land plots in Thu Thiem New Urban Area in District 2, Ho Chi Minh City is expected to ­encourage foreign developers through the wide land area offered, the transparent conditions and low risks.

Ho Chi Minh City kicks off Thu Thiem 4 bridge project

Ho Chi Minh City kicks off Thu Thiem 4 bridge project

Projects

The Thu Thiem 4 bridge, connecting District 2 and District 7 with an estimated investment cost of about VND5.2 trillion ($226 million), is expected to boost the development of Thu Thiem new urban area.

Remaining land plots in Thu Thiem to be auctioned

Remaining land plots in Thu Thiem to be auctioned

Market

As many as 55 plots of land, covering nearly 794,000 square meters, in the Thu Thiem New Urban Area in District 2, HCMC, which are to be put up for auction are valued at an estimated VND22 trillion (US$948 million).

Ho Chi Minh City supports Lotte to resume Eco-smart City project in Thu Thiem

Ho Chi Minh City supports Lotte to resume Eco-smart City project in Thu Thiem

Policy

Ho Chi Minh City People’s Committee will propose the Prime Minister Nguyen Xuan Phuc to allow South Korea’s Lotte Group to continue executing its Eco-smart City project located in Thu Thiem Peninsula in District 2.

Ho Chi Minh City wants to become a global financial hub

Ho Chi Minh City wants to become a global financial hub

Investment

Ho Chi Minh City (HCMC) has pledged to develop a detailed plan to turn the city into a regional and international financial hub after years of delay in carrying out the ambitious goal.

Ho Chi Minh City plans to build Ho Chi Minh Square in Thu Thiem

Ho Chi Minh City plans to build Ho Chi Minh Square in Thu Thiem

Projects

The HCMC government has written to the Ministry of Culture, Sports and Tourism asking for feedback on the construction of Ho Chi Minh Square in the Thu Thiem new urban area in HCMC’s District 2, Thanh Nien newspaper reported.

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