The event is of significant importance, marking a new stage of development in cooperation between Vietnamese and Korean businesses, while also demonstrating investors’ confidence in the investment, business environment, and development prospects of Ho Chi Minh City.
Leaders of the Ho Chi Minh City People's Committee stated that the Thu Thiem new urban area is being developed as an international centre for finance, trade, services, innovation and smart urban development.
Therefore, each project implemented in the area carries not only economic significance but also contributes to creating a modern urban landscape, enhancing competitiveness and affirming Ho Chi Minh City’s position in the region.
Together with the city’s new administrative centre and other infrastructure projects that commenced construction in April 2026, the implementation of the Lotte Eco Smart City Thu Thiem project is regarded as a highly positive signal, contributing to realising the vision of transforming Thu Thiem into a model urban area that is modern, green, smart and sustainably developed.
The city highly appreciates Lotte Group’s long-term investment commitment in Viet Nam over the past 30 years. The group’s decision to continue expanding its investment in Ho Chi Minh City serves as evidence of international investors’ confidence in the city’s development potential and investment environment.
Ho Chi Minh City always considers the success of businesses and investors to be the success of the city itself.
The city remains committed to welcoming and creating favourable conditions for strategic investors and projects with high quality, advanced technology and significant added value. At the same time, it pledges to continue working alongside the business community to build a transparent, convenient and competitive investment environment, with the goal of making Thu Thiem a new symbol of development for Ho Chi Minh City and the region.
Lotte Eco Smart City Thu Thiem is located in Functional Subzone 2A, the central core of the Thu Thiem new urban area, which is planned to become the city’s new international administrative, financial, trade and service centre. The project covers approximately 7.54 hectares and is expected to require a total investment of around 60 trillion VND.
In terms of transport infrastructure, the project will benefit from multimodal connectivity with the To Huu Metro Station, Metro Line No. 1 (Ben Thanh–Suoi Tien), and Thu Thiem Metro Station, which will serve as the starting point of the Thu Thiem–Long Thanh Metro Line, providing direct access to Long Thanh International Airport and the Ho Chi Minh City International Financial Centre.
These advantages are expected to support the development of an integrated infrastructure network, accelerating the formation of the city’s new administrative and economic centre in the coming decades.
