Topic: Ho Chi Minh City

Total outstanding tourism credits reaching VND57 trillion ($2.2 billion) by the end of February.

The proposed project spans nearly 22 km in length, with a preliminary estimated investment of over $600 million.

"The development of the financial center is one of the strategic spearheads to help transform the growth model, improve resource utilization efficiency, and strengthen Vietnam's position on the international stage," Minister of Finance stated.

Thu Thiem station will be a key node in a network of strategic railway lines in southern region.

The Thu Thiem - Long Thanh railway line spans approximately 42 km with an estimated investment of $3.5 billion.

The initiative aims to finalize key mechanisms and policies that will facilitate the growth of the semiconductor chip industry.

Accordingly, commercial housing projects will be implemented through agreements to acquire land use rights or utilizing already possessed land use rights.

In Southeast Asia, it now trails Singapore, Bangkok (Thailand), and Jakarta (Indonesia) but outperforms Manila (the Philippines).

The projected route is to link Ho Chi Minh City with its neiboring province of Ba Ria - Vung Tau via a planned sea bridge.

Three investment options for the project have been proposed, with estimated costs ranging between $1.49 billion and $2.4 billion.