Ho Chi Minh City is the heart of all economic activities in Vietnam.Ho Chi Minh City lies in the heart of the Southeast Asia Region, the place with the fastest growth in the world and a market of more than 600 million people. From Ho Chi Minh City, it is also a short distance to other promising nearby markets such as other ASEAN countries, China and India. Ho Chi Minh City, together with other provinces including Dong Nai, Binh Duong and Ba Ria-Vung Tau, forms the Southern Key Economic Zone which makes up 50% of the national economic capacity. Ho Chi Minh City alone contributes 20% of Vietnam’s GDP.
Ho Chi Minh City is the main junction for trains, roads, water, and air transportation systems for domestic trips and for foreign destination.
Roads: Ho Chi Minh City is 1,730km from Hanoi, 99km from Tay Ninh, 30km from Bien Hoa (Dong Nai), 70km from My Tho, 125km from Vung Tau, 168km from Can Tho, 308km from Dalat, and 375km from Buon Ma Thuot. The City has National Highway 13 which connects Vietnam with the rest of Indochina.
Train: Thong Nhat express train connects Ho Chi Minh City and Hanoi, vie many provinces in Vietnam.
Air: Tan Son Nhat International Airport, 7km from center of city, is the biggest airport with many domestic and international routes. There are flights from Hanoi and Danang to Ho Chi Minh City and between the City to many regions as well a lot of countries on over the world.
GDP growth rate 2021: -6.78%
Up to now, Ho Chi Minh City has 10.526 FDI projects with the total investment capital is nearly 52.9 billion US dollars.
Manufacturing service; real estate; high-tech products; trading centers; parking services; high-tech agriculture.