Thuong Xa Tax: A Legacy of Saigon’s Golden Era

Thuong Xa Tax, once a crown jewel in Saigon’s bustling landscape, epitomized the city’s prosperity and elegance. Though its physical presence was erased in 2016, its memory endures as a symbol of Saigon’s vibrant history and cultural evolution. For those exploring Saigon’s rich past through Vietnam Discovery Travel, understanding Thuong Xa Tax offers a window into the city’s glamorous commercial heritage and architectural splendor.

1. Historical Significance and Architectural Marvel

Located at 137 Nguyen Hue Street in District 1, Ho Chi Minh City, Thuong Xa Tax was inaugurated in 1880. Designed by French architects, this grand structure was initially known as Grands Magasins Charner de Saigon (SGMCD) before adopting the name GMC in 1914. The building’s Art Deco style, which emerged prominently in 1924, was a fusion of French architectural finesse with Asian elements, creating a strikingly elegant and modern commercial hub.

In its heyday, Thuong Xa Tax was a beacon of luxury and sophistication, boasting a wide array of European imports and catering to elite clientele. The addition of a fourth floor and the removal of the clock tower in 1942 reflected its growing prominence and commercial success.

2. Economic and Cultural Impact

Thuong Xa Tax became a cornerstone of Saigon’s economic landscape, evolving through various phases of prosperity. By the 1960s and 70s, it was renowned as one of the city’s largest and most frequented shopping centers, offering diverse products from clothing and electronics to luxury goods. Its transformation into the City Children’s Service Store and later into the General Department Store highlighted its adaptability and continued relevance.

Throughout the 90s, Thuong Xa Tax experienced its peak, drawing both domestic and international shoppers with its extensive range of goods. Its French-inspired architecture remained a testament to its historical significance, even as it adapted to the changing market needs.

3. The Demolition and Legacy

Despite its enduring charm, the decision to demolish Thuong Xa Tax in 2016 was part of a broader trend to modernize Saigon’s skyline. The site was redeveloped into Satra-Tax Plaza, a modern complex with 40 floors and six basements, incorporating elements of the original design to preserve the legacy of Thuong Xa Tax. This blend of old and new architecture symbolizes the city’s ongoing evolution while honoring its past.

4. Visiting the Site Today

While the original Thuong Xa Tax building is no longer standing, visitors to Ho Chi Minh City can still appreciate its historical essence through the Satra-Tax Plaza. The new development incorporates key architectural features from the old building, such as the mosaic stonework and main staircases, bridging the past with the present. Located at 137 Nguyen Hue Street, the area remains a focal point for exploring Saigon’s rich commercial history.

Information

• Address: 137 Nguyen Hue Street, Ben Nghe Ward, District 1, Ho Chi Minh City
• Construction Year: 1880
• Demolition Year: 2016
• Area: 9,200 m²
• Architectural Style: Art Deco
• Current Status: No longer in use

Useful Information

• Location: 137 Nguyen Hue, Ho Chi Minh City
• Best for: Historical and architectural enthusiasts
• Entrance: No longer applicable
• Hours: No longer applicable
• Distance to City Center: 9.5 km (5.9 mi)

5. Conclusion

Thuong Xa Tax holds a special place in the hearts of Saigonese and history enthusiasts alike. Although it is no longer in use, its influence is preserved in the modern Satra-Tax Plaza. For those embarking on Vietnam Discovery Tours, a visit to the site provides a tangible connection to Saigon’s prosperous past and a glimpse into its architectural evolution. For personalized travel insights and updates, connect with Vietnam Discovery Travel via WhatsApp.