Saigon Is Planning to Displace Tax Trade of more than 130 years old

The busiest and oldest commercial center of Vietnam in Saigon will be built into the 40-story building with total capital of hundreds of millions dollars. According to the progress of building 40-story towers of the Saigon Trade Corporation (Satra), in the late this year, all booths in the Tax Trade will be handed over for starting on the first quarter, 2015. However, as the request of the City People’s Committee, Tax Trade must be handed over about 500 square meters at 39 Le Loi for the Management Board of Urban Railways for construction of the ventilation tower at  the City Theater, route metro number 1. Therefore, business units and individuals will have to move out from the commercial center before October.

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Tax Trade is brightly decorated on occasion of each holiday

Since 2010, Ho Chi Minh City People’s Committee has approved guidelines for Satra as an investment owner of the construction project of Trade Center, Hotel and Office Services at Tax Trade. According to design, the Tax Shopping Center will be expanded and developed into Tax Plaza, a 40-storey complex includes a trade center, office for lease, international exhibition, conference rooms, and underground parking. Meanwhile, project to build a helipad on the roof of the building was removed.

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Images of the Tax Trade partly associates with the historical development of Saigon

Tax Trade is a long-standing famous commercial center in Saigon with total area of ​​9,200 square meters, in the central of District 1, adjacent to 3 most bustling and busiest boulevards of the city: Nguyen Hue, Le Loi and Pasteur. Built in 1880, the Tax Trade with the French colonial architecture such as Ben Thanh Market, Notre Dame Cathedral, Post Office, City Theatre, the palace Reunification Hall, Ho Chi Minh City People’s Committee is considered a symbol of Saigon.

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