Comparison between Hanoi, the capital of Vietnam, and Ho Chi Minh, the economic center
There are not so many regions in the world where continuous population growth and stable economic growth can be seen. Even under such circumstances, Southeast Asia is frequently reported in the news of the United States and Europe as a region with remarkable growth, and is drawing attention from the world. I would like to introduce Vietnam, which has been attracting a lot of attention in recent years in Southeast Asia, this time comparing Hanoi, the capital of Vietnam, with Ho Chi Minh, the economic center.
① Market overview [Comparison between the capital Hanoi and the economic center Ho Chi Minh]
In both Hanoi and Ho Chi Minh cities, investment from overseas as well as from Vietnam is steadily increasing. Hanoi is the capital of Vietnam and the second largest economic city in Vietnam. In recent years, the manufacturing and real estate industries have shown strong growth. Regarding real estate, foreign-affiliated developers are making inroads to capture the housing demand of the middle class in Hanoi, and are proceeding with the construction of new condominiums. This is a big change that has never been seen before. Hanoi is a city with an average age of 30 and a population of 7.7 million. Even today, it is a region with traditional culture, values, and buildings, which is more like Vietnam than Ho Chi Minh, and is more like Vietnam's image. I get the impression that many Vietnamese lovers prefer Hanoi to Ho Chi Minh.
Ho Chi Minh is Vietnam's largest economic city. The city averages 29 years old and has a population of about 14 million. Due to the economic center of Vietnam, many multinational companies are based in Ho Chi Minh City. As a result, many foreign residents live in Ho Chi Minh City, and there are many international schools and international standard hospitals for foreign families. For me, many of my friends in Ho Chi Minh love Ho Chi Minh because they are confident and enthusiastic about their future even if they are poor.
②Season [Comparison between the capital Hanoi and the economic center Ho Chi Minh]
Most surprisingly, Hanoi has four seasons and winter, which is rare in Southeast Asia. The winter season is from December to February, and you may need to wear warm clothes. The rainy season is also strong, and the rainy season can be very hot. Hanoi and Hong Kong are very close to each other and have similar latitudes, which is very similar to Hong Kong's climate. Ho Chi Minh is hot at 25-30 degrees Celsius throughout the year and has no winters. This is similar to Bangkok, Thailand.
③ Community of overseas residents (meals, international schools, hospitals) [Comparison between the capital Hanoi and the economic center Ho Chi Minh]
The expatriate community is stronger in Ho Chi Minh than in Hanoi. A strong community affects many lifestyles and facilities, including hospitals, diets and international schools. There are not so many restaurants in Hanoi where you can enjoy foreign cuisine, and there are not so many kinds of food. On the other hand, in Ho Chi Minh, there are many Korean, Chinese, and Western restaurants as well as Japanese restaurants on Lettantan Road. You can also easily purchase foods imported from overseas. In terms of the number of international schools, there are 16 famous international schools in Hanoi, but there are at least 30 in Ho Chi Minh City. Ho Chi Minh 7 also has one of the best hospitals in Vietnam that can treat cancer.
④Tourism [Comparison between the capital Hanoi and the economic center Ho Chi Minh]
Buddhism is widespread in Hanoi, and there are many temples and parks in the city, where you can feel the Buddhist philosophy and culture. It is good to travel to famous temples, and because there are four seasons, it is possible to visit many times each season and participate in different climates, occasional projects and events. Even in Ho Chi Minh City, there are still many buildings where you can feel the history of the past. As a building that feels like the French colonial era, you can feel the Saigon Central Post Office, the Saigon Cathedral of Our Lady Mary, the Ho Chi Minh People's Committee Building, and the Vietnam War at the War Remnants Museum. Ben Thanh Market is a must for shopping and gourmet food.
⑤ Ho Chi Minh Metro and real estate prices are rising
The Vietnamese government is promoting infrastructure development and urban development in both cities. Currently, the most notable infrastructure project currently underway is the Metro Line 1 project that runs through Ho Chi Minh City. The Vietnamese government has a large-scale plan to operate a metro in Ho Chi Minh City, and Line 1 is attracting attention as it will be the first line of urban development. Along Metro Line 1, large-scale real estate development targeting the wealthy is progressing. Landmark 81, which opened last year, is located in a new city called Vinhomes Central Park, which was developed along the Line 1 station. Similarly, a higher-grade project called Vinhomes Golden Retriever is the third project on Line 1 that is directly connected to the station, and real estate prices are showing rapid growth. At present, Ho Chi Minh's metro development is drawing more attention to the real estate market in Ho Chi Minh than in Hanoi. However, Hanoi is also a large and young economic city with a population of 7.7 million people and an average age of 30 years old, so we must keep an eye on it.
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