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Nguyễn Thái Bình (ward)

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Nguyễn Thái Bình
Chương Dương Quay area on Võ Văn Kiệt Blvd at the west entrance of Saigon River Tunnel in the ward.
Chương Dương Quay area on Võ Văn Kiệt Blvd at the west entrance of Saigon River Tunnel in the ward.
Map
Country Vietnam
MunicipalityHo Chi Minh City
DistrictDistrict 1
Time zoneUTC+07:00 (Indochina Time)
Postal code
71010

Nguyễn Thái Bình is a ward (phường) of District 1 in Ho Chi Minh City, Vietnam.[1]

History

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Before 1975, the area of the ward now was belong to wards of Bến Nghé, 1st District (Quận Nhứt) and Cầu Ông Lãnh, 2nd District (Quận Nhì) of the City of Saigon, with the boundary was the Công Lý Street (now is Nam Kỳ Khởi Nghĩa Street).

After 1976, both the districts were annexed into District 1 of Ho Chi Minh City, Bến Nghé Ward was dissolved into wards of 8, 9, 10 (Hòa Bình ward of the 1st District was merged into Bến Nghé a year ago); and Cầu Ông Lãnh ward was dissolved into wards of 18, 19, 20, 21.

In 1982, ward 9 was annexed into ward 18 and ward 19. Six years later, in 1988, all wards were dissolved with most of them were established into the wards that have almost the same with administrative boundaries of the former wards in before 1975. And Nguyễn Thái Bình Ward was established from the annexation of wards of 18 and 19[2].

"Wall Street of Saigon"

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Although Bến Nghé and Bến Thành wards are most known for the complex high-rise buildings with many domestic and international companies, corporation open their offices here, but only the Nguyễn Thái Bình Ward is most known for the "Wall Street", the Financial District (FiDi) of Saigon–Ho Chi Minh City. As the ward is where the city's most active in trading and banking activies with numerous bank transaction offices, also where the State Bank of Vietnam, Ho Chi Minh City Branch and Ho Chi Minh City Stock Exchange (HoSE) located.

State Bank of Vietnam, Ho Chi Minh City Branch on Chương Dương Quay, now is Võ Văn Kiệt Boulevard
Ho Chi Minh City Stock Exchange (HoSE), old white and new blue buildings
Nguyễn Công Trứ Street, one of the most notable street for trading and banking activies

References

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  1. ^ "Administrative subdivisions". General Statistics Office of Vietnam. To find information at reference, go to row 79, then row 760, and it is listed on row 26746.
  2. ^ "Sơ lược lịch sử Quận 1" [Brief history of District] (in Vietnamese).