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
EVFTA DEEPENS VIETNAM-EU RELATIONS AFTER SIX YEARS
The EVFTA acts as a vital economic highway to boost trade between Vietnam and EU. In 2019, the Vietnam – EU two-way trade stood at $49.8 billion. This figure rose to $74 billion by the end of 2025. In the first six months of 2026, two-way trade between Vietnam and the EU totalled $41.7 billion. Vietnam's exports to the EU reached $31.8 billion, while imports from the bloc stood at $9.9 billion.
AMRO UPGRADES VIETNAM GROWTH FORECAST TO 7.5 PER CENT
AMRO released its July 2026 Quarterly Update of the ASEAN+3 Regional Economic Outlook on July 27, projecting Vietnam to grow 7.5 per cent in 2026, up from its June forecast of 7.2 per cent. AMRO also raised its growth forecast to 7.3 per cent in 2027, up from its June forecast of 7 per cent, while revising down its inflation forecasts to 4.3 per cent in 2026 and 3.9 per cent in 2027.
VIETNAM APPROVES ROADMAP FOR INT’L FINANCIAL CENTERS THROUGH 2035
Vietnam has approved a development plan through 2035 for its international financial centers, with the one in Ho Chi Minh City positioned as a comprehensive global financial hub. Deputy Prime Minister Nguyen Van Thang, chairman of the governing board of the Vietnam International Financial Center, has signed the decision approving the development plan.
REMITTANCES TO HO CHI MINH CITY TOP $4BN IN H1 2026
Remittances sent to Ho Chi Minh City topped US$4 billion in the first half of 2026, down nearly 23 percent year on year, despite a modest recovery in the second quarter. The city received more than $2.03 billion in remittances in the second quarter. Tran Thi Ngoc Lien, deputy director of State Bank of Vietnam’s region 2 branch, said the second quarter was the first quarter this year to see remittances to Ho Chi Minh City increase from the preceding quarter, although the pace of recovery remained modest.
GLOBAL BEAUTY BRANDS EYE OPPORTUNITIES IN VIETNAM
Vietnam’s fast-growing beauty and personal care market is attracting thousands of international brands, with a major industry exhibition in Ho Chi Minh City bringing together more than 3,000 brands from over 24 countries and territories. The Vietbeauty, Cosmobeauté Vietnam and Beautycare Plus 2026 exhibitions officially opened in Ho Chi Minh City on Thursday, bringing together 600 exhibitors from Japan, South Korea, the United States, France, Singapore and Vietnam, among others.
HCM CITY PRIORITISES LOGISTICS INFRASTRUCTURE TO RAISE DIRECT IMPORT-EXPORT THROUGHPUT ABOVE 80%
HCM City aims to increase the proportion of imports and exports handled directly through its seaports, airports, railway terminals and inland container depots (ICDs) to more than 80 per cent during the 2026-30 period. With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.
























