Vietnam Major Report - Thu Thiem - The Pudong of Saigon September 2015
Thu Thiem is a 657-hectare site located in District 2 of HCMC, on the opposite side of the Saigon River from District 1 and the Central Business District. Being a large land bank with a strategic location, the area has been envisioned by the government as a new financial, commercial and residential centre for HCMC. However, Thu Thiem remains largely a greenfield site and until recently has had little connection with the rest of the city.
This report examines the opportunities that Thu Thiem will offer as well as the challenges that it must overcome in order to establish itself as the new centre of HCMC.