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According to a report on revenue from natural resources and the environment, the Department of Natural Resources and Environment (DONRE) of Ho Chi Minh City announced that in the first 10 months of 2025, they received, evaluated, and submitted 65 project dossiers to the Land Price Appraisal Council. The projected total revenue is 64.2 trillion VND.
By the end of October 2025, the approved total value reached 69.617 trillion VND, surpassing the annual plan and significantly contributing to the local budget. This achievement helps Ho Chi Minh City maintain stable financial growth.
In the city’s central area (the old city), 12 approved projects generated over 58 trillion VND. Notable large-scale projects include the Can Gio Sea-Encroaching Urban Area (27.317 trillion VND), Thu Thiem Eco Smart City (16.190 trillion VND), and the Thu Thiem Observation Tower Complex (5.300 trillion VND).
In the former Binh Duong area, DONRE evaluated and submitted 46 projects, with a total revenue of 7.485 trillion VND. These projects are primarily concentrated in industrial zones, expanded urban areas, and developing industrial-service regions.
In the former Ba Ria – Vung Tau area, 7 projects were approved, totaling 4.116 trillion VND. Most of these projects are in tourism, seaports, and logistics.
Additionally, Ho Chi Minh City resolved 84 long-pending land allocation and land-use conversion dossiers, paving the way for the development of 84,000 apartments and housing over 300,000 residents.
DONRE also reported that the total revenue from natural resources and the environment reached nearly 75.2 trillion VND, a 3.5-fold increase compared to the same period in 2024. As a result, the city’s total budget revenue exceeded 652.5 trillion VND, reaching 115% of the same period and accounting for over 97% of the central government’s target (post-merger, Ho Chi Minh City aims for a budget revenue of approximately 700 trillion VND).
Millions of Ho Chi Minh City Residents Receive Good News
Ho Chi Minh City has allocated over 22,000 billion VND for the renovation of Ba Be Canal and Ong Lon Canal, alongside the expansion of Ton That Thuyet Street.
Ho Chi Minh City Pilots 63 New Residential Projects on Agricultural Land
In Ho Chi Minh City, 56 land plots span approximately 564 hectares, including around 310 hectares designated for residential use. Plans are underway to reallocate 77 hectares of rice fields for alternative purposes. Meanwhile, the former Ba Ria – Vung Tau area comprises 7 land plots totaling roughly 291 hectares, with about 129 hectares allocated for housing. Here, 28,638 square meters of rice fields are slated for re-purposing.
Ho Chi Minh City Allocates Over 22 Trillion VND to Upgrade Traffic Congestion and Flooding Hotspots
The groundbreaking VND 17 trillion renovation of Bà Bé and Ông Lớn canals, alongside the VND 5.5 trillion expansion of Tôn Thất Thuyết Street, has been greenlit by Ho Chi Minh City authorities. These ambitious projects aim to significantly alleviate chronic traffic congestion and mitigate flooding issues plaguing the metropolis.
Unearthed: Over 1 Ton of Unlabeled Gummy Candy Flooding Online Markets
On November 14th, the Ho Chi Minh City Market Management Department (MMD) issued a swift report detailing the seizure of over one ton of candy intended for sale during the upcoming Tet holiday.
Ho Chi Minh City Increases Total Investment for Ton That Thuyet Road Expansion to VND 5,554 Billion
The Ho Chi Minh City People’s Council has approved adjustments to the investment policy, expanding the scope and extending the timeline of the Ton That Thuyet – Kenh Te road project until 2029. This decision aims to alleviate traffic congestion and enhance urban beautification along the canal area.
