Ho Chi Minh City officials have proposed a public-private partnership to redevelop the Mả Lạng and Chợ Gà - Gạo market areas. The project, estimated to cost 16.369 trillion Vietnamese đồng (approximately $750 million USD), aims to modernize the historically significant commercial districts. The plan involves a comprehensive overhaul of the existing infrastructure and facilities within both market zones. City authorities anticipate the completion of the redevelopment by 2029. The project seeks to enhance the economic vitality and urban landscape of the area, attracting both local commerce and tourism. This initiative represents a significant investment in the city’s commercial heritage and future growth. The proposal is currently under review and requires approval from relevant authorities.