Thu Thiem

Ho Chi Minh City to auction land in Thu Thiem New Urban Area

September 11, 2024 | 14:15

Ho Chi Minh City People's Committee announced a plan to hold auctions for land plots in Thu Thiem New Urban Area on September 9.

New offices open in Thu Thiem New Urban Area

October 16, 2023 | 09:52

The Ho Chi Minh City office market has shown signs of vibrancy in Q3 with the introduction of two new office buildings in Thu Thiem New Urban Area of Thu Duc City, spanning 85,000 square metres in total.

Office market in HCM City predicted to become vibrant

October 13, 2023 | 19:24

The office market in Ho Chi Minh has become vibrant recently with the operation of two office buildings in Thu Thiem new urban area which provides an additional 85,000 sq.m of floor space.

Stuck in the mud: reviving the fortunes of Thu Thiem

January 16, 2023 | 16:19

Once expected to be the Pudong of Vietnam, after more than a decade of slow development the Thu Thiem area of Ho Chi Minh City is not close to fulfilling its potential, with incomplete plans galore.

International contractors given opportunity to join $3.9 billion railway

August 22, 2022 | 16:29

Deputy Prime Minister Le Van Thanh has asked the Ministry of Transport to work with cities and provinces on the construction of two railway routes.

Real estate developer rejects Thu Thiem land plot

February 11, 2022 | 09:37

Real estate developer Binh Minh Investment and Trading Company Limited has rejected the purchase of land at Thu Thiem New Urban Area, Thu Duc City, despite initially winning the bid for it at auction. The move comes after Tan Hoang Minh Group earlier also did not go through with a planned purchase.

Reviews set after Thu Thiem episode

January 20, 2022 | 17:00

Real estate-backed credit packages and corporate bonds are to be strictly constrained under the fresh legislation of the competent authorities.

No banks involved in Thu Thiem land auctions

January 17, 2022 | 20:25

No banks had been offering loan packages for businesses associated with Thu Thiem land auction, as a careful examination of the State Bank of Vietnam showed.

Land plots in Thu Thiem New Urban Area got 4-8 times higher than initial price

December 13, 2021 | 07:30

Ho Chi Minh City auctioned off four land plots in Thu Thiem New Urban Area, earning far more than the initial offering price.

Funding dip suffered by Ho Chi Minh City

January 28, 2021 | 10:00

Ho Chi Minh City failed to attract international investors into major infrastructure and urban development projects last year due to low efficiency and overlapping regulations.

Thu Thiem urban planning charms investors

June 22, 2020 | 11:17

Only two hours after being introduced to VIP customers, The River – a luxury development located by the Saigon River – had 100 of its apartments welcomed by the market.

The River - Star of Thu Thiem’s luxury apartment sector

June 15, 2020 | 14:00

The first half of 2020 saw positive economic growth in Vietnam despite general worldwide distress. Among the country’s hottest areas, Ho Chi Minh City’s Thu Thiem perhaps fared even better than the rest. From infrastructure improvements to the introduction of luxurious new residential projects, the metropolis’ new central business district has caught the eye of owners and investors alike.