25 C
Ho Chi Minh City
Sunday, November 23, 2025

CATEGORY

Features

Underground infrastructure vital for megacities

HCMC is facing immense urbanization pressures — from its large population and limited inner-city land to its overburdened surface infrastructure. Traffic congestion, flooding, and the lack of public space have become serious challenges to sustainable development. In this context, the development of underground space (subsurface space) has emerged as a strategic solution to expand the city’s “development frontier.” According to spatial development theories, a modern city must be viewed as a multi-layered space, with the underground layer representing the “final frontier” of urban planning that needs to be explored. Integrating underground space into the city’s structure not only enhances sustainability (supporting up to 7 of the 17 United Nations Sustainable Development Goals) but also strengthens the city’s competitiveness through modern and well-connected infrastructure. The strategic role of underground space in sustainable development Developing underground space brings numerous strategic benefits for sustainability and urban competitiveness. First, it expands urban space in a sustainable way. Subsurface space is considered a supplementary area for development as surface land becomes increasingly scarce. Instead of expanding outward into the suburbs, cities can “grow inward into the ground,” thereby reducing encroachment on agricultural land, protecting natural ecosystems, and lowering infrastructure service costs through shorter urban distances. […]
To read more, please click here.

Impetus to move beyond assembly

More than just attracting capital, HCMC is now aiming for a higher goal: to become a ‘high-tech link’ in the global supply chain. However, for...

To accelerate social housing supply

With the National Assembly’s Resolution 201 introducing pilot mechanisms and policies for social housing development—alongside the Government’s draft guidance resolution—the policy framework is poised...

Banks in corporate bond market

The slowdown in the corporate bond market—where banks supply the vast majority of such securities—reveals a striking dynamic within capital markets, especially against the...

Opportunity for coffee trade?

U.S. President Donald Trump’s decision to eliminate coffee import tariffs paves the way for Vietnam to access the US$9 billion market more easily, where...

Capitalizing on market opportunities

The Mekong Delta, long celebrated as Vietnam’s rice and seafood bowl, is facing pressures unseen before. Rising seas creep ever further inland, saltwater intrusion...

Exercises with chairs

Doing exercises on a chair is a safe option for older people to strengthen their leg muscles without pressure on joints, according to Suc...

Shifting focus toward financial health

After making significant progress in its “financial inclusion” plan through accelerated digitalization, experts say Vietnam should now aim higher. The country needs to move...

A wasted resource or a test of trust?

Large amounts of gold still remain in private hands. This gold held by the public is often seen as idle capital, yielding no returns...

Ground space – urban restructuring in HCMC

Editor’s note: Facing new challenges, Ho Chi Minh City (HCMC) needs a major shift in thinking — to restructure its ground space for more...

Latest news