Thu Thiem Peninsula

Update news Thu Thiem Peninsula

HCM City approves compensation plan for Thu Thiem residents

HCM City’s administration has approved a policy of compensation and resettlement for households in a 4.3ha area located outside the original boundary of the Thu Thiem new urban area project in the city’s District 2.

HCM City will make fair compensation for Thu Thiem residents: official

Residents who had their land illegally taken by the local authorities have been told they will finally be compensated – at current market value.

HCM City leader apologises to Thu Thiem residents

 VietNamNet Bridge – A top leader of HCM City yesterday apologised to residents for the authorities’ wrongdoings in the construction of the Thu Thiem New Urban Area.

HCM City's east: where the smart money is on property development

 In 2010-20, HCM City plans to spend VND250 trillion on developing transport infrastructure. Of this, a whopping 70 per cent will be allocated to the eastern region, which is seeing a slew of infrastructure and property developments.

HCM City to spend big on infrastructure

The HCM City Infrastructure Investment Joint Stock Company and the city's People's Committee broke ground for a project to develop infrastructure in a residential area located in the northern section of Thu Thiem Peninsula