Hoa people in Ho Chi Minh City
- Hoa people in Ho Chi Minh City
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Hoa people in Ho Chi Minh City number around 500,000. They live mainly in Cho Lon (District 5, District 6 and District 10). This is seen as a local Chinatown in Ho Chi Minh City. Chinese Vietnamese population accounts just 4% of the city population but they hold around 30% of private-owned enterprises in this city. Many of these enterprises are successful companies like; Binh Tien, Thai Tuan and Kinh Do.
Before Fall of Saigon, Chinese Vietnamese played a very important role in economic and political life of the Republic of Vietnam as they used to keep excellent relationships with the government. After the Fall of Saigon, especially after the Sino-Vietnamese War in 1979, many Chinese Vietnamese returned to China, fled to other parts of Southeast Asia, and United States and Canada, along with other Western countries.
Chinese Vietnamese still bear an important role in trading and wholesale activities but their importance have been reduced.
See also
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