HCMC seeks to invest VND393 trillion ($16.93 billion) over the next decade in a master plan to improve access to public transport and limit the use of private vehicles.
Authorities in Ho Chi Minh City are set to begin charging automobile drivers an amount of money for entering downtown areas next year.
A 20th-century building in downtown Ho Chi Minh City, believed to be the last remnant of Saigon’s early railway system, has found itself at the heart of an ongoing debate about how the city should preserve its past.
The prime minister’s support for the ‘Vietnam’s Silicon Valley’ initiative has prompted HCMC to push ahead with a plan to merge three districts into one administrative unit.
Though the COVID-19 pandemic has cast a shadow over the global economy, the HCM City office space market has not been badly affected this year, according to property consultancy companies.