hcm city news

Update news hcm city news

Ho Chi Minh City’s Ring Road 4 to connect key economic zones by 2028

The Ring Road 4 project in Ho Chi Minh City, with a total estimated investment of over 120.4 trillion VND (approximately USD 5 billion), is slated to begin construction between June and September 2026 and reach completion two years later.

Green push gains momentum in HCM City with subsidized loans up to $8 million

With the green transformation deepening, Ho Chi Minh City businesses can now access subsidized loans of up to $8 million per project through the HFIC to accelerate their sustainability goals.

HCM City extends Metro Line 2 by 200 meters, adds Ben Thanh station

Ho Chi Minh City has approved a key extension to Metro Line 2, lengthening the route and officially integrating Ben Thanh station for better network cohesion.

Vietnam unveils administrative boundaries for international financial centers

The government defines specific locations in Ho Chi Minh City and Da Nang to host Vietnam’s two premier financial hubs.

HCM City targets nearly 200,000 social housing units by 2028

Ho Chi Minh City aims to have 199,400 social housing units by 2028, two years ahead of the target set by the Government, according to information released at a conference held on December 18.

The last flame: Saigon’s 72-year-old lighter repairman defies time

For 45 years, Pham Van Co has remained anchored to the sidewalk of Nguyen Tri Phuong Street in Ho Chi Minh City, devoted to a fading trade. His unmatched skills in lighter repair have earned the respect of even foreign visitors.

HCM City considers installing more air quality, subsidence monitoring stations

Facing mounting pollution pressures as it races towards megacity status, HCM City plans a sweeping expansion of its environmental monitoring network next year.

HCMC Metro Line 2 set to break ground in January with $2.34 billion investment

The Ben Thanh–Tham Luong metro line in Ho Chi Minh City has officially seen its investment capital adjusted to approximately VND 57,000 billion (USD 2.34 billion), with the project scheduled to break ground on January 15, 2026.

Ho Chi Minh City charts roadmap to green public transport

HCM City is implementing a project to convert its bus fleet to electric vehicles, underscoring its commitment to environmentally friendly public transport.

HCM City earmarks over 2.54 million USD for fisheries transition

HCM City will allocate more than 67 billion VND (approximately 2.54 million USD) during the 2026–2030 period to support the transition of capture fisheries livelihoods and ensure social security for fishermen.

HCMC proposes Labor Hero title for entrepreneur Johnathan Hanh Nguyen

The city recommends the prestigious award in recognition of his decades-long contribution to Vietnam’s economy.

Elderly in Ho Chi Minh City to receive up to $100 in longevity celebration gifts

Starting January 1, 2026, elderly residents of Ho Chi Minh City will receive birthday and longevity celebration gifts worth between 800,000 VND and 2.4 million VND (approximately $32 to $100), depending on their age.

HCM City seeks central approval for $4.3 billion sea-crossing road to Vung Tau

Ho Chi Minh City has submitted an urgent request for feedback from four central ministries on a proposed sea-crossing highway project valued at more than 104 trillion VND (approximately $4.3 billion).

HCM City Party chief outlines 9 urgent tasks to seize ‘diamond opportunity’

At the second Party Committee Conference of Ho Chi Minh City for the 2025–2030 term, Party Secretary Tran Luu Quang laid out nine immediate tasks for the city to unlock its development potential under newly granted policy mechanisms.

Endangered tigers, gibbons, and crocodiles found at tourism facility in HCM City

Authorities have uncovered multiple violations at a wildlife tourism facility in Ho Chi Minh City that is keeping endangered species such as tigers, leopards, bears, and gibbons in captivity without legal documentation.

Pho Day 2025 in Ho Chi Minh City draws massive crowds

Nearly 30 pho brands from across Vietnam gathered at the Pho Day 2025 festival in Saigon.

Ho Chi Minh City invests $18 million to upgrade downtown sidewalks

Crews are working around the clock to upgrade sidewalks on 91 streets across HCMC, aiming for a safer and more beautiful city.

Authorities uncover illegal iguana farm in Ho Chi Minh City

During an inspection, Ho Chi Minh City’s Forest Protection Department discovered a non-registered facility unlawfully holding 75 green iguanas - an endangered species listed under the CITES Convention.

Ho Chi Minh City eyes breakthrough with TOD and FTZ policies

New mechanisms empowering urban planning and investment in FTZs could lift longstanding bottlenecks in Vietnam’s economic hub.

Ho Chi Minh City to pilot first-ever free trade zone

The National Assembly gives HCMC extraordinary autonomy to attract top-tier investment, finance, and innovation through new economic models.