Ho Chi Minh City is eyeing to become a centrally- run special urban area, the nation’s biggest economic hub of tourism, industrial services, industry and high-tech agriculture.

Vigorous legal changes regarding real estate investment and construction are set to beef up the realty market in the Year of the Buffalo.

HCM City held a ceremony on December 31 to announce the National Assembly Standing Committee’s resolution on organising administrative units at the district and commune levels and establishing Thu Duc city.

The Ho Chi Minh City People’s Council has passed a resolution to merge HCM City’s eastern districts of 2, 9 and Thu Duc into one administrative unit to create an innovation hub tentatively called Thu Duc City.

VOV.VN - A 30-minute downpour which hit Ho Chi Minh City on the evening of September 14 caused severe flooding throughout several areas, including Thu Duc district.