VietNamNet Bridge - After eight years of focusing on real estate projects in HCMC, real estate developers now tend to eye land in the southwestern region of the country. 

The $4 billion project in Thu Thiem New Urban Area proposed by Steelman Partners, Cantor Fitzgerald, and Weidner Resorts, along with Vietnamese company Imex Pan-Pacific Co. Ltd. (IPP) is likely going to be rejected.

VietNamNet Bridge - The HCMC authorities' plan to put 23 land plots in advantageous positions, called ‘golden land plots’, into auction this year. Only a few Vietnamese enterprises are financially capable of buying the land.

VietNamNet Bridge - International investment funds are preparing billions of dollars to hunt for land in Thu Thiem area in HCM City to develop long-term real estate projects. The average land price is $3,000 per square meter.

Phu My Hung urban area, Tan Thuan Export Processing Zone, and Nhieu Loc - Thi Nghe canal are three of six major new symbols of HCM City that have been built in the past 40 years, the Vietnam Record Organization announced recently.

 VietNamNet Bridge – HCM City is holding a conference to promote investment in the Thu Thiem urban area on May 8 to introduce potentials and call for investment in the most beautiful urban area in Southeast Asia.

District 1 is brilliant at night with skylines buildings, while the District 2 riverside is deserted, dilapidated though land for the urban project which is expected be the most beautiful in Southeast Asia has been cleared.