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Ho Chi Minh City's $430mln anti-flooding project to be put into operation by October

Some 77 percent of the massive anti-flooding project in the city has been completed, Director of Trungnam Group Nguyen Tam Tien told city leaders on weekend.

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Chinese acquisition of prime land worries Vietnam defense ministry

Chinese investors have used various ruses to acquire prime land in Vietnam, implicating both economic development and national security, the Ministry of National Defense says.

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Flood could cost Vietnam’s biggest city $8.4 billion real estate damage by 2050

Ho Chi Minh City, Vietnam’s biggest metropolis, faces an increasing risk of flood disasters given rapid infrastructure expansion driven by economic growth, according to McKinsey Global Institute.