Business

HCM City attracts 2.5 billion USD to industrial parks

Ho Chi Minh City has attracted a combined investment of 2.5 billion USD in industrial parks (IPs) and export processing zones (EPZs) since 2011.
Ho Chi Minh City has attracted a combined investment of 2.5 billion USDin industrial parks (IPs) and export processing zones (EPZs) since 2011.

As of this year, newly-registered and adjusted investmentin the IPs and EPZs reached 590 million USD, a year-on-year rise of 43.3percent. Of this, 370 million USD is foreign investment, up 78.21percent from 2012.

Today, the city has more than 1,200 valid projects with investment totalling 7.5 billion USD.

The surge of investment, especially in IPs and EPZs, has helped improve industrial production.

In particular, mechanical manufacturing has seen an annual averagegrowth of 6.1 percent between 2011 and now, while that of theelectronic-information technology sector was 12.8 percent.

Moreover, the city has managed to attract high-tech projects, notablysemiconducting and chip technologies, invested by many multinationalcorporations such as Intel and Nidec.

The achievements areattributed to the city’s efforts in strengthening administrativeformality reform and creating incentives to stimulate its foreigninvestment inflow.

To attract additional investment nextyear, the city continues to further improve its business climate and payattention to high and clean technology projects.

Administrative formality reform will be boosted to help ease local enterprises’ difficulties.-VNA
Follow VietnamPlus

See more

Vietnamese Trade Counsellor to India Bui Trung Thuong addresses the online seminar. (Photo: VNA)

Vietnam, India boost connectivity in textile, footwear sectors

As global supply chains are being restructured towards diversification, sustainability and digital transformation, Vietnamese Trade Counsellor to India Bui Trung Thuong noted that this is an opportune time for both countries to deepen cooperation towards building integrated value chains and enhancing product value.

A passenger poses for a photo besides a Vietjet aircraft (Photo: VNA)

Vietjet leads Southeast Asia in emissions efficiency

Under comparable operating conditions, Vietjet’s leading position highlights its ability to optimise performance across its entire operational chain, including aircraft configuration, route network design and load management.

Containers loaded at Cai Mep International Terminal (Photo: VNA)

Vietnam ranks 18th among world’s top exporters in 2025

Vietnam’s exports reached about 470 billion USD for the first time last year, up more than 16% year on year, with a trade surplus of over 20 billion USD, contributing significantly to maintaining macroeconomic stability.

Experts speak at the workshop (Photo: VNA)

Vietnam’s pet care market emerges as lucrative investment opportunity

​ Across the Asia-Pacific, 60% of respondents own pets, while Vietnam’s pet ownership rate stands at 79%, among the highest in the region. Notably, 55% of Vietnamese pet owners have two or more pets, signalling that pet ownership has evolved from a hobby into a modern lifestyle choice.

A view of the workshop on the application of AI and real-world data in food product research and development held in Ho Chi Minh City on April 22. (Photo: VNA)

AI emerges as key driver for Vietnam’s F&B sector breakthrough

Businesses start with projects that deliver quick results within six to 12 months, like quality control systems, demand forecasting, or customer service chatbots. In the long run, F&B companies are advised to move toward with AI-driven operating models to keep up with fast-changing market demands.

Trucks carrying imports enter Vietnam through Lao Cai International Border Gate. (Photo: VNA)

Smart border gates power growth in northern border provinces

With a borderline of about 182 km, Lao Cai aims to turn its border gate economic zone into a key growth engine by adopting a smart border gate model, viewing this as a breakthrough measure for improving management efficiency, reducing logistics expenses, and enhancing customs clearance capacity.

Ken Chau (right), Chairman of the Vietnam Canada Business Association, presents flowers to the organising committee of the Vietnamese Entrepreneurs Awards in Canada 2026 at the event. (Photo: Award organising board)

Vietnamese awards in Canada spotlight community strength

The gala brought together nearly 200 participants, including community leaders, entrepreneurs and guests from across the country, highlighting both the achievements of Vietnamese businesses and the community’s growing role in the socio-economic fabric of Vancouver and other Canadian cities.

Passenger numbers are expected to peak at the start of each break, particularly from the afternoon of April 24 to April 25, with a return wave on April 27 following the Hung Kings Commemoration Day. (Photo: VNA)

Transport sector ramps up capacity for holiday travel surge

Transport experts said the back-to-back holidays will create travel patterns different from previous years. While some people are expected to combine the two breaks into a longer holiday, others will travel during either period depending on personal plans. Passenger flows are therefore likely to be more evenly distributed, helping ease pressure on transport systems.

A worker at the factory of the TNG Investment and Trading Joint Stock Company in the Song Cong I Industrial Park, Thai Nguyen province. (Photo: VNA)

Imports accelerate, powering exports, public revenues

Previous years show that Vietnam typically runs a trade deficit in the first quarter before shifting to a surplus in the latter half of the year. The current deficit, therefore, is considered both normal and indicative of an economy “recharging” for growth.