Few would argue if you say that Ho Chi Minh city is more developed than Vietnam's capital city, Hanoi. Hanoi, located in the far north of Vietnam, has long been known as the administrative city instead of business or industrial one, and it is way different from that of Ho Chi Minh City (formely known as Saigon), the biggest and busiest city in Vietnam, located in the south.
One Indonesian property company (PT Ciputra Tbk) will help to change the tide now, as it is currently building (half-completed) the new city called Hanoi International City which is believed to be Vietnam's most advanced city, or even most modern even in Indochina region (including Laos, and Cambodia).
This project is among Ciputra Group's first ventures in overseas development. Ciputra Hanoi International City is 301 hectares and is a new world-class satellite city in Hanoi, the economic, political, and cultural center of Vietnam. It is located only minutes away from Noibai Airport and Hanoi CBD. Specifically designed for ultimate destination, Ciputra Hanoi International City has emerged into an integrated city, serving tourism, business and residential purposes alike.
It offers houses, apartments, infrastructure seamlessly built into commercial areas, sport centers, schools, modern hospitals and health care centers that will cater to the needs of the international community. Ciputra Hanoi International City, under Citra Westlake City Dev Co. Ltd, received the Foreign Investment Award from the Vietnamese government in 2005 for its contribution in direct investment development.
Ciputra is also developing same project in Phnom Penh, Cambodia, called Grand Phnom Penh Int'l City.