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Thu Thiem New Urban Area has completed land clearance, enabling investors to move forward with project implementation. The Ho Chi Minh City Department of Construction said that after taking possession of the land, investors promptly began construction on multiple components, including four main roads, the North residential infrastructure project (functional zones 3 and 4), and the completion of the North–South axis from the foot of Thu Thiem Bridge 1 to Mai Chí Thọ Street.
These infrastructure items are expected to be completed this year, supporting the gradual improvement of the city’s core infrastructure.
On April 18, the Ho Chi Minh City People’s Council approved the investment plan for the Central Plaza and the City Hall project. The approval is intended to create a foundation for subsequent deployment of the projects.
In the next phase, Ho Chi Minh City will continue implementing projects in line with the approved planning. The city plans to prioritize the completion of technical infrastructure, social infrastructure, and key works.
By 2030, the Thu Thiem New Urban Area is expected to be invested in a coordinated manner to form the city’s modern financial center and commercial-services hub.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
