Ho Chi Minh City replaces Saigon
Post–Vietnam War and today
In 1976, upon the establishment of the unified communist Socialist Republic of Vietnam, the city of Saigon (including the Cholon area), the province of Gia Ðịnh and two suburban districts of two other nearby provinces were combined to create Ho Chi Minh City, in honour of the late Communist leader Ho Chi Minh. At the time, the city covered an area of 1,295.5 square kilometres (500.2 sq mi) with eight districts and five rurals: Thủ Đức, Hóc Môn, Củ Chi, Bình Chánh, and Nhà Bè. Since 1978, administrative divisions in the city have been revised numerous times, most recently in 2020, when District 2, District 9, and Thủ Đức District were consolidated to form a municipal city.Today, Ho Chi Minh City, along with its surrounding provinces, is described as "the manufacturing hub" of Vietnam, and "an attractive business hub". In terms of cost, it was ranked the 111th-most expensive major city in the world according to a 2020 survey of 209 cities. In terms of international connectedness, as of 2020, the city was classified as a "Beta" city by the Globalization and World Cities Research Network.
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