**Phu My – From Gateway Port to the New CBD of Mega Ho Chi Minh City**
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July 1st, 2025, marked a historic turning point with the merger of Binh Duong, Ba Ria-Vung Tau, and the former Ho Chi Minh City, forming Vietnam’s first international mega-city port. In this new structure, Phu My Ward is positioned as the economic, logistics, and urban convergence point, possessing the elements to become the new Central Business District (CBD) of expanded Ho Chi Minh City.
While the previous CBD of Saigon was concentrated in Districts 1 and 3, the inevitable trend now shifts the focus to the southeast, where Phu My serves as both a strategic port and possesses an increasingly scarce urban land fund, seamlessly connecting key development poles.
**Unique Location – Golden Triangle of Sea, Sky, and Land**
Phu My holds an irreplaceable transit position, situated in the golden triangle of an **international seaport, international airport, and inter-regional expressway network**.
**Cai Mep- Thi Vai Port**: Ranked among the top 30 largest container ports globally by throughput, 7th worldwide in operational efficiency, and one of the rare deep-water ports in Vietnam capable of accommodating vessels over 200,000 DWT. It is the strategic import-export gateway of the South, directly connecting trans-Pacific maritime routes.
**Long Thanh International Airport**: Just 25 minutes from Phu My, OAG predicts it will likely join the club of airports serving 100 million passengers annually, ranking among the top 6 largest airports globally upon completion. This strategic advantage positions Phu My as Vietnam’s “transfer station,” paralleling port and aviation.
**Multi-dimensional Transport Infrastructure**: Phu My is directly connected to the Bien Hoa- Vung Tau Expressway, Ho Chi Minh City- Long Thanh- Dau Giay Expressway, National Highway 51, the inter-regional and inter-port ring road, and the upcoming urban railway system connecting the port and airport.
This intersection makes Phu My the ideal destination for logistics and international trade corporations and the leading FDI attraction center.
Phu My Ward – The Connectivity Hub of Ho Chi Minh City to Key Wards and Projects
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**High-tech Industrial Urban Area and FDI Ecosystem**
Phu My is not just about the port and airport but also sits amid a network of large-scale high-tech industrial parks: Phu My IP, Cai Mep IP, My Xuan IP, and a chain of IPs in Dong Nai. This industrial cluster is considered the **strongest in Southeast Asia in terms of production, exports, and logistics**.
According to the Ministry of Planning and Investment, the Phu My- Long Thanh port-industrial region accounts for a **staggering 40% of the country’s total import-export turnover**. Particularly, the post-Covid global supply chain shift and geopolitical tensions have made Vietnam, with Phu My as the “port hub,” even more attractive to multinational corporations in high-tech, clean energy, and large-scale manufacturing fields.
Composite Map of Industrial Parks in Phu My
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**Urban Core with Scarce Land Resources – Sustainable Value Enhancement**
Unlike peripheral industrial parks, Phu My is both a port and urban core with scarce land resources. This dynamic sets the prospect of superior real estate value appreciation as the demand for high-end living, working, and services among FDI experts, engineers, and managers increases.
In international port cities, the areas around the port and airport invariably form a new CBD, concentrating corporate headquarters, financial institutions, commercial centers, 5-star hotels, and expert apartment projects. Singapore’s Marina Bay and Dubai Marina are testament to this transformation: from industrial port areas to global economic and lifestyle icons. Phu My is embarking on a similar trajectory.
**Tourism, Ecology, and Balanced Value**
In addition to its industrial and logistics strengths, Phu My boasts a unique advantage, just 25 minutes from Vung Tau, 35 minutes from Ho Tram, and adjacent to the pristine mangrove forest and Binh Chau hot mineral springs. This rare “combo” of economic-industrial gateway and seamless connectivity to beach and eco-resort destinations sets the stage for the development of a **premium service economy**, encompassing hotels, international convention centers, serviced apartments, and villas catering to international experts. A “work-live-relax” standard of living is taking shape in Phu My.
Community Space for Global Elites at Maison Grand
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**Phu My – The Future of Ho Chi Minh City’s International Mega-City Port**
The combination of infrastructure, industry, services, and its unique position has elevated Phu My to become the **new CBD of expanded Ho Chi Minh City** post-July 1st, 2025. It is not just an administrative ward but the “port heart,” a convergence of global values, propelling Ho Chi Minh City towards an international mega-city port model on par with Singapore, Dubai, or Shanghai.
As a real estate expert remarked, *”Those who look at Phu My today see only construction sites, containers, and seaports. But those who envision Phu My in ten years will behold a global CBD, a magnet for experts, investors, businesses, and elite residents.”*
Services
[Kim Ngan]
– 10:10 10/09/2025
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