Mega projects to transform Ho Chi Minh City urban landscape

Leading the charge in this massive building spree is the new central city square in the core of the Thu Thiem new urban area. Spanning more than 20 ha, it’s the crown jewel of the Central Square and new administrative center complex.

Far from being merely symbolic landmarks, a string of gigantic infrastructure projects worth hundreds of trillions of Vietnamese dong, set to break ground during the upcoming Reunification Day celebrations, are poised to deliver a historic boost to Ho Chi Minh City, completely transforming its skyline and the entire southern key economic region.

Mega projects reshaping urban landscape

Leading the charge in this massive building spree is the new central city square in the core of the Thu Thiem new urban area. Spanning more than 20 ha, it’s the crown jewel of the Central Square and new administrative center complex.

Mega projects to transform Ho Chi Minh City urban landscape -0
Germalink port's first phase is in operation. Photo: VNA

With the square and riverside park alone expected to cost several trillions of Vietnamese dong, the project is on track to become Vietnam’s biggest public gathering spot, big enough to host major political and cultural events with an international flair. Once finished, it will act as the city’s brand-new “heart,” mixing historical charm with the sleek vibe of a smart modern area.

Designed to hold crowds the size of ten national stadiums, the space won’t just be for big political events; it’s also set to become an iconic architectural showstopper. Blending a cutting-edge square with a lush riverside park, it will create a wide-open public playground where locals can get right up close to the historic Saigon River. Planners see it as the missing piece that will finally turn Thu Thiem into a top-tier regional financial and cultural hotspot.

Just across the river, the major renovation and upgrade of the Ho Chi Minh Museum’s Ho Chi Minh City branch is packed with deep cultural meaning. Breaking ground on the Nha Rong Wharf refurbishment on April 30 is a heartfelt nod to history while turning the site into a world-class cultural and tourism magnet worthy of the city that bears President Ho Chi Minh’s name.

In parallel, the launch of the Berjaya International University Town project is a huge deal for easing the population crunch in the city’s northwest. Planned as a full-scale urban development blending education, research, and innovation, it is expected to house around 135,000 residents and 60,000 students, complete with homes, schools, shops, and all the social amenities. After nearly 20 years of sitting idle since its 2008 investment license, the project has finally been revived and now stands as the biggest development in northwest Ho Chi Minh City. Slated to open in early 2035, it is aiming to become a world-class education–healthcare–commercial hub powerhouse that gives the suburbs a major upgrade.

Another major transport project breaking ground during the holiday is the Ben Thanh–Thu Thiem section of Metro Line 2. Riding high on the success of Ho Chi Minh City Metro Line 1, this new cross-river link tying the historic city centre to Thu Thiem is hugely strategic. The Management Authority for Urban Railways (MAUR) calls it more than just tracks, but a “lifeline” connecting the east and west banks, sparking underground development and urban projects along the route, and setting the stage for the first metro link to Long Thanh International Airport.

A growth lever for new development cycle

April 30 will also mark a milestone in Ho Chi Minh City’s maritime strategy, with the city expected to hand over the investment approval to the Can Gio International Transshipment Port. The project forms a cornerstone in turning the city into a true maritime urban area. Unlike inner-city ports struggling with traffic jams and few channels, the Can Gio port sits right at the sea entrance and will be able to handle the world’s biggest container ships.

The investor consortium, made up of Vietnam Maritime Corporation, Saigon Port, and MSC Mediterranean Shipping Company, isn’t just building infrastructure, but also laying the groundwork for a top-tier global logistics ecosystem. Best of all, the development is expected to “wake up” Can Gio, flipping it from an agricultural suburb and biosphere reserve into a major global trade gateway.

As part of the bigger maritime infrastructure oadmap, Ho Chi Minh City originally mapped out three major ports for its seaward push. So far, only Can Gio has cleared all the hurdles in time for this round. The other two, Cai Mep Ha General and Container Port (phase 1) and the Cai Mep Gemadept – Terminal Link project (phase 2), are in the final stages and expected to break ground later this year. Once all three are up and running alongside the Ba Ria–Vung Tau port cluster, they’ll create the region’s largest port system, ready to go head-to-head with heavyweights like Singapore and Shanghai.

Tran Anh Tung, head of the Business Administration Faculty at the Ho Chi Minh City University of Economics and Finance, said the massive investment tied to these projects should be seen as a powerful “growth lever”, not just another pile of government spending.

VNA

Other News

Vietnam accelerates innovation to boost growth, competitiveness

Vietnam accelerates innovation to boost growth, competitiveness

By 2030, Vietnam aims to rank among the world’s top 40 in the GII; raise total social investment in R&D to at least 2% of GDP, with non-State funding accounting for over 60%; increase international scientific publications by an average of 10% annually; and raise the number of patent applications and granted patents by an average of 16-18% annually.

Vietnam sees high growth prospects

Vietnam sees high growth prospects

Experts from the Institute of Vietnam and World Economy under the Vietnam Academy of Social Sciences noted the quality of recent growth as the high growth rate has been recorded against an increasingly higher comparative base.

Vietnam seeks bigger share of global Halal market

Vietnam seeks bigger share of global Halal market

Vietnam's Halal exports remain modest at around 900 million USD a year, accounting for less than 1% of the global market. Most exports are still raw agricultural and seafood products. Only around 1,000–1,300 Vietnamese businesses obtained or maintained Halal certification during 2024–2026.

Hanoi sets up inter-agency mechanism to operate carbon market

Hanoi sets up inter-agency mechanism to operate carbon market

Under a decision of the municipal People’s Committee on establishing an inter-agency working group, departments and agencies are responsible for identifying facilities subject to greenhouse gas inventories, developing emissions-reduction plans and studying projects capable of generating carbon credits.

Shrimp exports reach 3.3 billion USD in eight months

Shrimp exports reach 3.3 billion USD in eight months

According to data from the Vietnam Customs cited by the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp exports reached 478.5 million USD in August, up 4.2% from the same month last year. The eight-month total stood at 3.3 billion USD, representing a year-on-year increase of 12%.

Russian investors explore opportunities in Vietnam's real estate market

Russian investors explore opportunities in Vietnam's real estate market

Vietnam is seen as a potential market, with considerable room for growth in real estate, particularly commercial property, compared with some regional markets. Strong Vietnam-Russia ties and opportunities to establish foreign-invested enterprises are also considered favourable for Russian investors.

Phu Quoc airport planning adjusted to serve APEC 2027

Phu Quoc airport planning adjusted to serve APEC 2027

For 2021-2030, the Civil Aviation Authority of Vietnam proposed bringing forward the investment in a parallel taxiway system and a connecting taxiway north of Runway No. 2 at Phu Quoc International Airport, in order to connect with the aircraft maintenance and repair facility (hangar) planned for the northern area of ​​the airport.

Policy, infrastructure emerge as new advantages in FDI attraction

Policy, infrastructure emerge as new advantages in FDI attraction

From policy and infrastructure to industrial real estate, Vietnam’s FDI advantages are broadening towards a more integrated production ecosystem, offering investors a stronger combination of conditions for high-value, technology-intensive and long-term projects.

Logistics upgrade vital to 1-trillion-USD trade target: experts

Logistics upgrade vital to 1-trillion-USD trade target: experts

As trade expands, systemic bottlenecks across transport networks, warehousing, ports, border gates, and industrial zones are becoming more apparent. Experts emphasise the need to shift from a fragmented, project-by-project approach toward strategic management structured around trade corridors and integrated supply chains.

Ample room for Vietnam, US to deepen cooperation

Ample room for Vietnam, US to deepen cooperation

Do Ngoc Hung, Trade Counsellor and head of the Vietnam Trade Office in the US, said what stands out is not only the growth in trade volume but also the increasingly deep economic ties between the two countries.

Flexible fiscal policy helps drive economic growth

Flexible fiscal policy helps drive economic growth

According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at 2.02 quadrillion VND (77.7 billion USD), equivalent to 80% of the annual estimate and up 16% year-on-year. Domestic revenue reached 1.75 quadrillion VND, accounting for 86.6% of total revenue and rising 16.6%.

Electronic components are produced at a factory in Hanoi. (Photo: VNA)

Hanoi's imports surge 41% in first eight months of 2026

Hanoi aims to achieve average annual export growth of at least 12% during 2026-30, with the city seeking to diversify export markets, boost high-tech and value-added products and reduce reliance on traditional markets.