Outline

  • Ho Chi Minh City formerly and still commonly known as Saigon, is the largest city in Vietnam.

Detail

Ho Chi Minh City, Vietnam

 

Overview:

Ho Chi Minh City formerly and still commonly known as Saigon, is the largest city in Vietnam. Located in Southern Vietnam, the city surrounds the Saigon River and covers about 2,061 km2 (796 sq mi).

 

Economy:

Ho Chi Minh City is the economic center of Vietnam and accounts for a large proportion of the economy of Vietnam. Although the city takes up just 0.6% of the country's land area, it contains 8.34% of the population of Vietnam, 20.2% of its GDP, 27.9% of industrial output and 34.9% of the FDI projects in the country in 2005.[80] In 2005, the city had 4,344,000 labourers, of whom 130,000 are over the labour age norm (in Vietnam, 60 for male and 55 for female workers).[81] In 2009, GDP per capita reached $2,800, compared to the country's average level of $1,042. The economy of Ho Chi Minh City consists of industries ranging from mining, seafood processing, agriculture, and construction, to tourism, finance, industry and trade. The state-owned sector makes up 33.3% of the economy, the private sector 4.6%, and the remainder in foreign investment. Concerning its economic structure, the service sector accounts for 51.1%, industry and construction account for 47.7% and forestry, agriculture and others make up just 1.2%.

Port of Saigon:

In 2006, Saigon Port handled more than 35 metric tonnes of cargo and 1.5 million TEU of containers. By the end of 2012, Saigon Port now handled 3.5 million TEU of containers, an increase of 14% from 2011. Due to urban planning, the network of Saigon Port has been relocated to the outskirts of Ho Chi Minh City, specifically to the Hiep Phuoc New Urban and Port Area, Cat Lai New Port area and especially to Thi Vai Port and Cai Mep Port in Bà Rịa–Vũng Tàu province, 60 km South-East of Ho Chi Minh City, 30 km northwest of Vũng Tàu. The Thi Vai Port with the capacity of handling ships up to 50,000 tonnes will be the leading deep-water port of this region.

 

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