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Ho Chi Minh City
Thursday, June 20, 2024

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Thu Thiem

Unlocking the untapped potential

With proper planning and organization, the Saigon River has the potential to transform into a river of immense historical, cultural, heritage, and economic value, spurring the development of HCMC and crafting a distinctive identity for the city. After nearly 40 years of rapid urban development, the once-vast land resources of HCMC have been significantly used up, leaving only Can Gio and Cu Chi districts as relatively untouched areas. Surprisingly, a stretch of land approximately 80 kilometers long along the Saigon River has remained largely untouched and in its natural state. Perhaps it is due to the oversight of real estate magnates, or maybe the true potential of this land is still hidden beneath layers of geography, culture, and history, which the hesitant have yet to explore. Regardless of the reason, this represents a fortunate and valuable asset for the city. With careful planning and development, this area has the potential to transform into a river rich in historical, cultural, heritage, and economic significance – often referred to as the “money river.” Such a transformation would undoubtedly contribute to the growth and identity of HCMC. Many of the world’s major and renowned cities are intricately linked with rivers because rivers are […]
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HCMC seeks study on Thu Thiem Depot

HCMC - The HCMC authorities will propose the Government weigh including the Thu Thiem Depot project in the municipal general planning. Thu Thiem Depot, located...

HCMC moots 33 km elevated section for express railway in city

 The HCMC Department of Transport has proposed that a 33-kilometer section of the HCMC-Can Tho express railway in HCMC should have elevated tracks to...

Bank accounts of two Thu Thiem land auction winners have no balance

HCMC – Twelve days after issuing coercive measures against Dream Republic Corporation and Sheen Mega JSC, which had delayed land use and registration fee...

Seeking an amendment to land law

Once again, the Land Law has missed its chance to go to the National Assembly for an amendment. Is it true that lawmakers are...

Tan Hoang Minh’s nine bond issues canceled

HCMC - The State Securities Commission has canceled nine bond issues worth more than VND10 trillion of three subsidiaries of Tan Hoang Minh Group...

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