Upto a thousand travel companies in Vietnam and Ho Chi Minh City did not know well about you, they do not know you wish to travel to Ho Chi Minh City for investment, such as investing for Saigon Reals:

Vietnam House for Sale

Reunification Palace is one of Ho Chi Minh City's famous tourist attractions. The six-storey building, which embodies the path of the road and realizes the harmony of yin and yang, exquisitely combines the architectural beauty of east and west, and it is good to see it in the building itself. Early in the morning, in front of the main gate, students who want to visit this place will form the gate. This is a must-see course for foreign tourists if they miss out on a tour of Ho Chi Minh City with a nearby war museum.

Front of Reunification Palace

When the Reunification Palace was called Independence Palace, South Vietnamese presidents used it as a office. On April 30, 1975, the Independence Palace was transformed into the Reunification Palace as a Soviet-made tank in North Vietnam crossed the Presidential Palace barricades and occupied South Vietnam's capital Saigon (now Ho Chi Minh). Each space in the Reunification Palace preserves the moments of the time. The South Vietnamese government and the U.S. military commander heard a situation that was getting worse and worse in the underground bunker, and eventually fled Saigon by helicopter. The Reunification Palace is a space stuffed with past times and a proof that Hanoi liberated Saigon.

Saigon River for Investment

The gap between Hanoi and Ho Chi Minh, two leading cities in Vietnam, is bigger than you think. Saigon's “heritable class” left most of the United States and Europe at the end of the war, but Ho Chi Minh's urban culture is still free and open. Foreign investors flocked to Saigon in 1986 when Vietnam implemented reforms and openings called Doi Moi and the US sanctions were lifted in the 1990s. City formation was also relatively planned. During the French colonial period, the occupants of the land formed the residence behind the Saigon River. Since then, the city has continued to expand in a fan-shaped shape starting from the Saigon River.

Sunshine Diamond River from Hanoi People's Investor

Hanoi, by contrast, has long been the center of Vietnam's political power. The old name of Hanoi is Thăng Long, meaning ‘the land where the dragon ascends’. Hanoi is deep inland, while most of Vietnam's major cities are formed along the sea. It was a measure to protect itself from the invasion of various dynasties that ruled the mainland of China. Haiphong, nowadays, is known as a tourist city with Halong Bay, but in the past, it was a military city that prevented outside forces from invading Hanoi. Haiphong's Chinese name is liberating, meaning ‘to defend the sea’. Hanoi, designed to protect the royal family by using rivers and mountains, has a strong tendency to be closed from birth.

Foreigner's Law in Vietnam

Hanoi and Ho Chi Minh are fiercely competing year after year as foreign investment capital flows into Vietnam. It is a competition of who gets more foreigner's investment. Even foreign companies entering Vietnam for the first time are contemplating whether to choose between Hanoi, which holds a “seal” for permits and permits, and Ho Chi Minh, which has various economic infrastructures. Traditionally, Vietnam has valued local arrangements. Political power is well reflected in the balance strategy. If the secretary comes from the north, the chief and prime minister are discharged from the south and the central. However, starting from the 12th Party Congress in 2016, this practice has been gradually breaking down. The chief and prime ministers were from northern and central. The Political Bureau is also overwhelming, compared to 11 people from the North and four from the South and Central.

Aqua City Saigon

In recent years, as the issue of corruption in Ho Chi Minh City has risen above the surface, there is reasoning that Hanoi's “Tomp Ho Chi Minh” is in earnest. Currently, most of Ho Chi Minh's large-scale real estate projects are stationary. It is known that the Vietnamese government conducts a full investigation into all projects and reexamines them from the origin, as cases of corruption continue to stalk sweet potatoes in various money-saving projects such as apartment development. The case of state-owned enterprise A shows how corrupt the reality was. Company A, which had the right to use land, was reportedly committed to exploiting a relative company in the process of selling the land to a private company to develop an apartment complex. This is a method of selling the land with the normal amount of 200,000 Vietnamese Dong to the relative company B, and then selling the company B to the foreign company for 200,000 VND. Only 200,000 VND was entered into the treasury, and Company A was defrauded for the remaining 180,000 VND.

Event Of Saigon's Investors

A large site right next to Diamond Plaza, a famous department store in the heart of Ho Chi Minh City, was reportedly seized by the city government. The site, which has been used as a parking lot and has been left for about 6 years, is the land that Lotte Shopping, the owner of Diamond Plaza, has been eyeing for a long time. When massive corruption and corruption emerged from the land price calculation, the Vietnamese government conducted a thorough investigation of the land related to the real estate project, and then decided to recalculate the price. Foreign investors in Vietnam such as Korean, Chinese, Dutch, German companies, have been tied up with billions of billions of dollars and faced the risk of incurring additional costs when restructuring. Experts say that the massive assessment of Ho Chi Minh's economic power has nothing to do with the direction of the 13th Party Congress to be held next year. Interest is focused on whether Vietnam will return to the political practice of regional equilibrium or prolong the development strategy centered on North and Central.


12 Guaranteed Departures

Explore our top 12 guaranteed departure cycling holidays across Vietnam and Indochina with fixed dates and local experts.