Location: Thủ Đức 🌎

Thủ Đức is a municipal city (sub-city) under the administration of Ho Chi Minh City, Vietnam. The city was founded by the Standing Committee of the National Assembly on December 9, 2020 from the districts of 2, 9, and Thủ Đức District. Thu Duc City covers 211.56 km², the population as of 2019 was 1,013,795 inhabitants. With the establishment of Thu Duc City, the main city will contribute more to the national economic growth and boost the development in Southern Key Economic Zone (SKEZ).This new city-within-city model has been used by many places in the world including financial center Canary Wharf in London, Silicon Valley in the United States, Gangnam in Seoul or Pudong in Shanghai, etc. It was suggested that Thu Duc should be given autonomy in decision making and policy incentives to develop innovation capacity to improve competitiveness like what China did to Shenzhen, whose economy now is larger than Hong Kong’s.