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. […]
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. […]
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. […]
The 2020 Law on Environmental Protection has led to significant advancements in governance and public awareness over the past three years. The legal framework...
Green finance is emerging as a cornerstone in HCMC’s ambition to become an international financial center, while also enabling the city’s shift toward a...
Vietnamese logistics companies that fail to adopt green practices swiftly may face significant challenges and risk losing international market share.
Green initiatives
Environmental standards in logistics...
HCMC – Vietnamese electric vehicle (EV) manufacturer VinFast has signed a memorandum of understanding (MOU) with PT Bank Negara Indonesia (BNI) to accelerate green...
Support for the green movement may no longer be unanimous, particularly in the United States, but a full-scale reversal of the trend remains unlikely,...
As countries and territories worldwide aim for carbon neutrality by 2050, carbon pricing policies are emerging as a crucial tool in achieving this target....
HCMC - The Ministry of Planning and Investment (MPI) has announced that 4,000 domestic businesses have received technical assistance from international organizations to transition...
HCMC – The World Bank (WB) has reaffirmed its commitment to supporting Vietnam in its pursuit of becoming a high-income nation by 2045.
The pledge was...
HCMC – Switzerland has provided a US$5-million grant to Vietnam to aid sustainable urban development and climate resilience in key cities, as per an...