Want to be in the loop?
subscribe to
our notification
Business News
CITY GARDEN JSC PARTNERING WITH SWIRE PROPERTIES ON “THE RIVER” IN HO CHI MINH CITY
City Garden JSC and Swire Properties announced a partnership today to develop “The River” a luxury residential property in Ho Chi Minh City.
Located in the heart of the Thu Thiem new urban area – on Crescent Boulevard, Primary Ring Road – The River is a gated condominium development comprising three residential towers offering a total of 525 luxury apartments. Nestled on the Saigon River, this project boasts 100-meters of water frontage and sits adjacent to four hectares of lush riverside landscaped public park.
Complementing the spectacular view are a multitude of amenities set to immerse residents in a resort-like lifestyle. These include a magnificent 50-meter lap pool, gym, yoga space, private movie lounge and golf simulator, as well as BBQ/picnic terraces and al fresco dining facilities to name but a few highlights.
The River is being brought to life through the collaborative efforts of international design consultants including DPA, DKO, ID Dept, ARUP, Aurecon, Elements Design Studios and ASA.
William Towne Baker, Chairman of City Garden JSC said, “City Garden JSC is delighted to celebrate our new partnership with Swire Properties at The River. With our long-held reputation for delivering high quality, lifestyle appropriate developments, we look forward to collaborating with Swire Properties to continue raising the bar and setting new benchmarks for bespoke luxury residences.”
Guy Bradley, Chief Executive of Swire Properties said, “We’re excited to partner with City Garden JSC for our first venture in Vietnam. With its rising income levels, high rate of urbanisation and growing foreign investment, Vietnam has great potential and we look forward to exploring more investment opportunities here.”
With its robust economic growth and favourable demographics, Vietnam is one of the world’s fastest emerging markets. Often referred to as the “Pudong of HCMC”, Thu Thiem’s innovative masterplan, rapidly improving connectivity and close proximity to the traditional Central Business District, make it one of the most enticing future development opportunities in the region.
Source: Swire Properties
Related News
VIETNAM EYES 8% GDP GROWTH IN 2025
The State Bank of Vietnam (SBV) has been tasked with closely monitoring global and regional economic developments and adjusting monetary policies to align with shifts in major economies. The directive emphasizes reducing lending rates, managing deposit rates at commercial banks, and ensuring credit flows remain uninterrupted in early 2025.
GOVERNMENT MEMBER FOR 2021-2026 TERM
The 2021-2026 government term was recently consolidated after the 8th session of the 15th National Assembly. It consists of 27 members, including the Prime Minister, five Deputy Prime Ministers, and 21 ministers and heads of ministerial-level agencies.
EXCLUSIVE OFFER FOR HKBAV MEMBERS
Minimum order: 1 box (10 gift boxes per box; 6 gift bags per box)Free shipping on orders over 2 million VND (nationwide delivery across Vietnam)Volume discounts available for large orders
TOTAL FDI REGISTERED IN VIETNAM HITS 31.4 BILLION USD IN JANUARY-NOVEMBER
As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.
QUANG TRI TARGETS 6,000 MW WIND POWER CAPACITY BOOST
The central province of Quang Tri is seeking the Government’s approval to expand its wind power capacity by an additional 1,500-2,000 MW for onshore projects and 2,600-4,000 MW for offshore projects, according to the Vietnam News Agency.
HCMC’S RETAIL SALES REACH NEARLY VND568 TRILLION
HCMC’s retail sector has shown a notable recovery this year, with total retail sales of goods nearing VND568 trillion, an 11% uptick compared to the previous year, according to the HCMC Department of Industry and Trade.This year marks the second consecutive year the city has implemented its market stabilization program, with businesses playing a pivotal role in maintaining stable prices and ensuring a steady supply of goods.