IFC One Saigon
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IFC One Saigon
International Finance Centre One Saigon or International Financial Centre One Saigon, officially abbreviated as IFC One Saigon, formerly Saigon M&C Tower and Saigon One Tower, is a 41-storey high-rise building currently under construction at 34A Tôn Đức Thắng Boulevard, Ho Chi Minh City, Vietnam. The project is funded by Saigon M&C and Dong A Bank, with a budget of approximately $228 million USD. The tower covers of land on the bank of the Saigon River. The tower's construction started in 2007 and was expected to be completed in 2012. Saigon M&C would have become one of the highest-priced real estate developments in Vietnam and was expected to be the second tallest building in Ho Chi Minh City, after Bitexco Financial Tower. However, construction work was halted in 2011, with the building being 80% complete. In 2017, outstanding debts of the developer totaling over VND 7,000 billion were sold to the Vietnam Asset Management for VND 680 billion (US$29 million). After ...
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Ho Chi Minh City
Ho Chi Minh City (HCMC) ('','' TP.HCM; ), commonly known as Saigon (; ), is the most populous city in Vietnam with a population of around 14 million in 2025. The city's geography is defined by rivers and canals, of which the largest is Saigon River. As a Municipalities of Vietnam, municipality, Ho Chi Minh City consists of 16 List of urban districts of Vietnam, urban districts, five Huyện, rural districts, and one Municipal city (Vietnam), municipal city (sub-city). As the largest financial centre in Vietnam, Ho Chi Minh City has the largest gross regional domestic product out of all Vietnam provinces and municipalities, contributing around a quarter of the Economy of Vietnam, country's total GDP. Ho Chi Minh City metropolitan area, Ho Chi Minh City's metropolitan area is List of ASEAN country subdivisions by GDP, ASEAN's 5th largest economy, also the biggest outside an ASEAN country capital. The area was initially part of Cambodian states until it became part of the Vietna ...
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Tôn Đức Thắng Boulevard
Tôn Đức Thắng Boulevard () is a thoroughfare in District 1, Ho Chi Minh City, District 1, downtown Ho Chi Minh City, Vietnam. The boulevard stretches from Lê Duẩn Boulevard to the north end of the Khánh Hội Bridge, with more than half of its length running along the west bank of the Saigon River. History Present-day Tôn Đức Thắng Boulevard incorporates Saigon's two colonial streets. The first street stretched from the river bank to the former citadel of Saigon. On 17 February 1859, the French troops took this street to Siege of Saigon, capture Saigon. In 1865, it was named boulevard de la Citadelle. This name lasted until 1901, when the artery was renamed boulevard Luro. The boulevard runs alongside the Saigon Naval Shipyard and the buildings of the naval barracks in its southeastern part. In 1955, the boulevard was renamed Cường Để Boulevard by the government of South Vietnam. Following the 1963 South Vietnamese coup d'état, the Cộng Hòa Barracks were ...
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Saigon River
The Saigon River () is a river located in southern Vietnam that rises near Phum Daung in southeastern Cambodia, flows south and southeast for about and empties into the Nhà Bè River, which in its turn empties into the South China Sea some northeast of the Mekong Delta. During 1981–1985, a dam was constructed across the river, just north of the town of Dầu Tiếng, to form the Dầu Tiếng Reservoir for irrigation purposes. Saigon River is joined, southeast of downtown Ho Chi Minh City Ho Chi Minh City (HCMC) ('','' TP.HCM; ), commonly known as Saigon (; ), is the most populous city in Vietnam with a population of around 14 million in 2025. The city's geography is defined by rivers and canals, of which the largest is Saigo ... (formerly named Saigon) by the Đồng Nai River. The river is important to Ho Chi Minh City as it is the main water supply as well as the host of Saigon Port, with a total cargo volume loaded and outloaded of more than 35 million metric ...
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Bitexco Financial Tower
Bitexco Financial Tower () is a skyscraper in Ho Chi Minh City, Vietnam. At its completion in 2010, it became the tallest building in Vietnam and kept this status until January 2011, when it was surpassed by Keangnam Hanoi Landmark Tower. With 68 floors above ground and three basements, the building has a height of , making it the second tallest building in the city, fourth tallest in Vietnam, and the 412th tallest in the world, as of May 2022. The tower is owned by Bitexco Group, a Vietnamese multi-industry corporation, with a focus on real estate development. The building also houses the Ho Chi Minh City office of Bitexco Group, while its headquarters are in Hanoi. The tower was designed by Carlos Zapata, Design Principal and Founder of Carlos Zapata Studio, with French company AREP as architect of record. Designer Zapata, who was born in Venezuela but based in New York City, drew inspiration for this skyscraper's unique shape from Vietnam's national flower, the Lotus. T ...
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Vietnamese đồng
The dong (; ; ; sign: ₫ or informally đ and sometimes Đ in Vietnamese; code: VND) is the currency of Vietnam, in use since 3 May 1978. It is issued by the State Bank of Vietnam. The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre. Formerly, it was subdivided into 10 hao (''hào''), which were further subdivided into 10 ''xu'', neither of which are now used due to inflation. The Vietnamese dong has increasingly moved towards exclusively using banknotes, with lower denominations printed on paper and denominations over 10,000 dong, worth about 40¢ dollar or euro, printed on polymer. As of 2022, no coins are used. Generally, Vietnam is moving towards digital payments. The 500,000-dong note (VND) is the highest-denomination banknote in circulation in Vietnam. The note is dark blue in color and has been in circulation since 2003. As of August 2024, the Vietnamese dong is th ...
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Vietnam Asset Management
Vietnam Asset Management (VAM) is a fund management company founded in 2006 by John Lyn (executive chairman), Nguyễn Xuân Minh (chief executive officer/ chief investment officer) and Nguyen Hoai Thu (investment director/head of research). They are currently key managers of VAM. VAM is domiciled in the British Virgin Islands, the United Kingdom as a limited liability company. VAM has a liaison office in Singapore and a representative office in Ho Chi Minh City, Vietnam. VAM is a company that primarily engages in public and private equity investment and advisory services in Vietnam. VAM manages Vietnam equity dedicated closed-end funds, open-end Vietnam equity funds, and unit trusts which are offered to investors, both institutional and individual, in Europe, Dubai, Japan, Singapore, Malaysia, etc. In addition, VAM also provides financial advisory services to Vietnamese enterprises and investment advisory services to global investors who want to invest in Vietnam equity marke ...
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ...
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List Of Tallest Buildings In Vietnam
This list of tallest buildings in Vietnam ranks skyscrapers in Vietnam by height. The tallest building in Vietnam is the 81-storey Vincom Landmark 81, Landmark 81 in Ho Chi Minh City, which was completed in 2018 at the height of . It is the seventeenth List of tallest buildings, tallest building in the world. Skyscrapers of Hanoi are scattered across the western and southern parts of the city, most notably in Nam Từ Liêm district, Nam Từ Liêm, Cầu Giấy district, Cầu Giấy, Thanh Xuân district, Thanh Xuân and Hoàng Mai district, Hoàng Mai districts. This is because the city centre around Hoàn Kiếm district has a height restriction to preserve the old traditional and French colonial architecture. Skyscrapers of Ho Chi Minh City are mostly around the city centre in District 1, Ho Chi Minh City, District 1, District 7, Ho Chi Minh City, District 7 and Bình Thạnh district, Bình Thạnh. Cities with the most high-rise buildings Tallest buildings This sec ...
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Unfinished Buildings And Structures
Unfinished may refer to: *Unfinished creative work, a work which a creator either chose not to finish or was prevented from finishing. Music * Symphony No. 8 (Schubert) "Unfinished" * ''Unfinished'' (album), 2011 album by American singer Jordan Knight * "Unfinished" (Kotoko song), stylized "→unfinished→", 2012 * "Unfinished" (Mandisa song), 2017 * "Unfinished", song by Stone Sour from the 2010 album ''Audio Secrecy'' * "Unfinished", song by Mineral from the 1998 album ''EndSerenading'' Television and film * "Unfinished" (''How I Met Your Mother''), 2010 television show episode * ''Unfinished'' (film), 2018 South Korean film Literature * ''Unfinished'' (book), a 2021 memoir by Priyanka Chopra See also * * Unfinished symphony * Unfinished building An unfinished building is a building (or other architectural structure, as a bridge, a road or a tower) where construction work was abandoned or on hold at some stage or only exists as a design. It may also refer to bu ...
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Skyscrapers In Ho Chi Minh City
A skyscraper is a tall continuously habitable building having multiple floors. Most modern sources define skyscrapers as being at least or in height, though there is no universally accepted definition, other than being very tall Tower block, high-rise buildings. Skyscrapers may host offices, hotels, residential spaces, and retail spaces. One common feature of skyscrapers is having a steel frame that supports Curtain wall (architecture), curtain walls. These curtain walls either bear on the framework below or are suspended from the framework above, rather than resting on load-bearing walls of conventional construction. Some early skyscrapers have a steel frame that enables the construction of load-bearing walls taller than those made of reinforced concrete. Modern skyscraper walls are not load-bearing, and most skyscrapers are characterized by large surface areas of windows made possible by steel frames and curtain walls. However, skyscrapers can have curtain walls that mimic c ...
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