UEH announced on November 13 that the Ministry of Education and Training had transferred management of the property at 3 Cong Truong Quoc Te Street in Xuan Hoa Ward to the university.
The site was previously managed by the ministry's Southern Centre for Education and Training Development.
Located beside Turtle Lake in central HCM City, the building has witnessed several stages of educational development, particularly the reform and international integration of higher education in southern Vietnam.
UEH has been tasked with managing, renovating and preserving the property while maintaining its historical and architectural value.
The university plans to develop the site into an international knowledge square inspired by the Agora of ancient Greece, where people gathered to exchange ideas and discuss community affairs.
The project will provide spaces for scientific research, international cooperation, innovation and public engagement.
The project will feature four areas: an Urban Think Lab, an Art and Sustainability Studio, a Global Dialogue Hub, and a public space for exhibitions and community activities.
The redevelopment will preserve the building's architecture while incorporating green spaces, eco-friendly materials and sustainable design in harmony with Turtle Lake.
UEH Director Bui Quang Hung said the university's immediate priority was to preserve the building's historical and architectural significance while ensuring it continued to serve the ministry's activities.
"On that foundation, we hope to develop an international knowledge square as an open space for learning, international connections and the wider community," he added.
The university also plans to establish a STEAM Zone for pupils from nearby primary schools, offering hands-on activities in science, technology, engineering, arts and mathematics.
Children would be able to conduct scientific experiments, build models, explore technology and learn about the environment.
UEH officials said the project formed part of the university's 2025-2030 strategy, with a vision to 2045, to become a multidisciplinary, sustainable university and an urban innovation hub.
The strategy seeks closer cooperation with government agencies, businesses, international organisations and local communities to promote research, knowledge sharing and practical solutions to urban challenges.
UEH will continue refining the redevelopment proposal in accordance with relevant regulations, balancing heritage preservation, the ministry's operational needs and broader educational and community functions.
The planned knowledge square is also expected to connect cultural landmarks, architectural attractions and public spaces in central HCM City, providing a new venue for learning, cultural experiences and international exchanges.
