HCM City, RoK firm foster cooperation in smart urban building
Will Vietnam-RoK festival in Da Nang still go ahead? | |
KOICA aids Quang Tri over USD 300,000 to deal with flooding aftermath | |
Construction starts on Vietnam-RoK Friendship Village in Ninh Thuan |
![]() |
At the working session (Photo: VNA) |
Ho Chi Minh City and Lotte Properties HCMC, owned by Lotte Group of the Republic of Korea (RoK), have agreed to enhance their cooperation, especially in smart urban buildings.
The consensus was reached at a working session between Le Hoa Binh, Vice Chairman of the municipal People’s Committee, and Lee Kang Woo, General Director of Lotte Properties HCMC.
Binh said HCM City facilitates the investment and business operation of foreign firms in the city, including Lotte Properties HCMC and other RoK investors.
![]() |
District 2, in eastern part of HCM City, has the advantage of geographic location and convinent conditions to form a new urban area. (Photo: VNA) |
Prime Minister Nguyen Xuan Phuc has allowed Lotte Properties HCMC to continue implementing the Eco Smart City project at the Thu Thiem new urban area in Thu Duc city, which demonstrates local authorities’ efforts in handling bottlenecks to foreign-invested projects, according to the official.
Binh expressed his hope that Lotte Properties HCMC will pour more cash into the southern metropolis, especially Thu Duc city, thus contributing to turning the city into an innovative, highly interactive, worth-living urban area.
For his part, Lee highlighted HCM City’s potential and affirmed that his company wishes to strengthen cooperation with the Vietnamese economic hub, particularly in smart urban building./.
![]() | 900 medical workers in HCM City to get COVID-19 vaccine at first Some 900 staff members of the HCM City Hospital for Tropical Diseases will be the first in the southern region to be injected with AstraZeneca ... |
![]() | HCM City yet to resume gyms, bars, beer clubs Ho Chi Minh City has yet to decide the reopening of gyms, bars and beer clubs although the southern metropolis has gone through 21 straight ... |
![]() | Ho Chi Minh city eyes becoming regional AI hub Ho Chi Minh City aims to become a hub for AI research, implementation, and technology transfer in Vietnam and among the leading such facilities in ... |
Recommended

PM Christopher Luxon's Visit Strengthens Vietnam-New Zealand Relations

New Zealand Prime Minister: Vietnam is a Rising Star in Southeast Asia

China Highlights Vietnam as Key Priority in Regional Diplomacy

VUFO President Received and Worked with Sri Lankan Ambassador to Vietnam

From Japan, With Love: Wheelchairs Bring Mobility to Children in Vietnam

Moscow Mining University Alumni Launch Vietnam-Russia Friendship Association

Sharing Stories of Chinese-Vietnamese Friendship
