[REVISION HISTORY]

Ho Chi Minh City urban renewal and megacity expansion

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2026-10-09 13:32 UTC → 2026-10-11 02:13 UTC · added ~~removed~~

Ho Chi Minh City is advancing large-scale urban renewal and infrastructure initiatives. A major program scheduled between 2026 and 2030 aims to relocate 41,540 households living along canals and rivers through 115 projects. Following its July 1, 2025, merger with Binh Duong and Ba Ria - Vung Tau provinces, the city has become the fourth largest megacity in Southeast Asia, with a population of approximately 14 million. This expansion is shifting the economic structure toward industrial and construction sectors, supported by the approved Cai Mep Ha Free Trade Zone. To improve regional connectivity, the city has approved the 3,197 billion VND Rach Doi Bridge project, scheduled to begin in late 2027. Additionally, a 3,563 billion VND road project connecting Thoi An and Thanh Xuan 3 wards is planned for late 2026. Localized infrastructure works are also progressing; in October 2026, the Gia Dinh Electricity Company began relocating electricity poles on Chu Van An Street in Binh Thanh District. This relocation supports a 1,067 billion VND road expansion project that commenced in February 2025, intended to widen the 600-meter stretch to 23 meters with four lanes. Climate adaptation remains a priority via the 7,688 billion VND West Saigon basin drainage and wastewater project (CRUS2), scheduled through 2029. As the city enters its 2026–2030 development cycle, it faces a significant funding gap. To support large-scale infrastructure, the city needs to mobilize over 3.2 quadrillion VND in total social investment capital, but the municipal budget is expected to cover only about 1.2 quadrillion VND, leaving a gap of approximately 2 quadrillion VND to be sourced through international capital markets and public-private partnerships. Amidst these developments, social welfare concerns have emerged regarding worker living conditions.

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