Business

HCM City draws over 2.86 bln USD in IZ investment during 2020–2025

Fifteen hi-tech projects (6% of the new projects) have combined investment of 859.87 million USD, or 44.17% of the total newly registered capital.

At an FDI company in Ho Chi Minh City. (Photo: VNA)
At an FDI company in Ho Chi Minh City. (Photo: VNA)

HCM City (VNA) – Investment inflows into export processing and industrial zones (IZs) in Ho Chi Minh City have surpassed 2.86 billion USD during the 2020–2025 period, equivalent to 114.59% of the initial 2.5 billion USD target, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).

Of the total, foreign investment has exceeded 935.3 million USD, including 75 newly licensed projects with over 334.3 million USD in capital. Domestic investment reached over 45.43 trillion VND (roughly 1.9 billion USD), including 202 new projects worth 37.89 trillion VND.

Le Van Thinh, head of HEPZA, said on June 16 that the period has seen a clear shift toward high-tech and value-added sectors such as software, telecommunications, electronics, pharmaceuticals, precision mechanics, and electrical equipment.

Notably, 15 hi-tech projects (6% of the new projects) have combined investment of 859.87 million USD, or 44.17% of the total newly registered capital.

The influx of new projects has also created over 26,000 new jobs, bringing total employment in the zones to more than 257,700. On average, over 85% of workers have undergone formal training, and many companies now maintain university-level qualification rates exceeding 90% among employees, Thinh added.

Efforts to support start-ups and key product development focuse on rubber – plastic, mechanics – automation, and food processing sectors. Land is being prioritised for hi-tech and environmentally friendly projects, with plans to establish specialised industrial zones dedicated to these industries.

Under the city's development master plan for 2021–2030, with a vision to 2050, the current 23 export processing and industrial zones covering 5,900 ha will be maintained. An additional 2,465 ha is earmarked for 10 new IZs, bringing the total area to 8,369 ha across 33 zones.

To further attract investment, HEPZA has overhauled its management model, strengthened the "single-window" administrative framework, and cut administrative processing times by 30% through streamlining its organisational structure and workforce./.

VNA
#Investment #export processing #industrial zones #Ho Chi Minh City #HEPZA Ho Chi Minh City
Follow VietnamPlus

Vietnam - New era

Post-pandemic recovery

Related News

The “Ting Ting Day” Festival opens on June 14 in HCM City (Photo: VNA)

Cashless payment festival launched in HCM City

As of 2024, Vietnam had recorded over 204.5 million bank accounts held by individual customers and 154.1 million bank cards in circulation. Nearly 87% of Vietnamese adults now have bank accounts.

An overview of the MoU signing ceremony between the People’s Committee of Ho Chi Minh City and US semiconductor design giant Advanced Micro Devices, Inc. (Photo: VNA)

HCM City, AMD sign MoU to develop high-tech, AI ecosystem

Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.

See more

Workers produce textile and garment for export. (Illustrative photo: VNA)

Israeli firms step up sourcing from Vietnam

The conflicts have caused serious disruptions to Israel’s external supply chains, leading to greater demand for a wide range of imported goods. As a result, Israeli enterprises are intensifying efforts to diversify sources of supply, including from Vietnam, to meet domestic consumption needs.

An overview of the seminar. (Photo: VNA)

Traceability emerges as a key to sustainable digital economy

Scandals involving counterfeit goods, unsafe food and substandard pharmaceuticals not only cause economic losses but also erode public trust. On a global scale, verification and traceability are among the top criteria that businesses must maintain to ensure credibility, enhance competitiveness and meet stringent international trade standards.

Vietnamese Ambassador to Japan Pham Quang Hieu speaks at the dialogue. (Photo: VNA)

Vietnam-Japan business dialogue boosts cooperation prospects

The dialogue offered Japanese businesses an opportunity to gain the most updated insights into Vietnam’s socio-economic landscape as well as its new policies, and to exchange views on potential future collaboration in various sectors.

By June 2025, total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023 (Photo: VNA)

Central bank rolls out measures to support economic growth

By June 2025, Vietnam's total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023—signalling strong recovery in manufacturing, agriculture, and supporting sectors.

UOB raises Vietnam’s GDP growth forecast to 6.9% for 2025 - Illustrative image (Photo: VNA)

UOB raises Vietnam’s GDP growth forecast to 6.9% for 2025

According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly exceeding Bloomberg’s forecast of 6.85%, UOB’s projection of 6.1%, and the revised growth figure of 7.05% in the first quarter.

Vietnam Airlines JSC (HVN) receives approval from the State Securities Commission of Vietnam to issue 900 million shares at 10,000 VND apiece. (Photo: VNA)

Vietnam Airlines receives approval for major share issuance

The planned issuance is expected to raise roughly 9 trillion VND (equivalent to 344.53 million USD), providing the national carrier with additional capital to improve liquidity, reinforce its financial foundation, and advance its post-pandemic recovery and growth strategy.

Passengers board a Vietnam Airlines flight (Photo: VNA)

Vietnamese aviation industry takes off

According to the Civil Aviation Authority of Vietnam (CAAV), in the first half of 2025, Vietnam's aviation industry served 41.3 million passengers, representing a 10% increase compared to the same period in 2024. Notably, the international market accounted for 23 million passengers, up by 13%, while the domestic maintained a steady 7% growth with 18.4 million passengers.

Illustrative photo (Source: VNA)

Vietnam telecom giants step up 5G commercialisation, expansion

The country’s three major network providers – Viettel, VNPT and MobiFone – have so far deployed around 11,000 5G base stations, equivalent to 7.7% of existing 4G stations. These stations now cover all provinces and cities, reaching approximately 26% of the population.

The Thai Binh 2 Thermal Power Plant in Hung Yen province. (Photo courtesy of Petrovietnam)

Thai Binh 2 power plant beats H1 targets, braces for tough H2

According to the plant’s mid-year report, electricity output reached an estimated 3.79 billion kWh, achieving 115% of the target. Revenue was estimated at nearly 7.74 trillion VND (296.1 million USD), 13% above the plan, while post-tax profit was roughly 58 billion VND, thereby reducing planned losses by 114% (equivalent to 461 billion VND).

Vietnamese mango grows into global premium markets

Vietnamese mango grows into global premium markets

To enhance the value chain of speciality fruit commodities with its competitive advantages, Tien Giang province is operating the Hoa Loc mango production–consumption chain project for 2020-2025 with a vision towards 2030.

Prime Minister Pham Minh Chinh meets a representative of Vale, a multinational group specialising in metals, mining, and logistics, in Brazil's Rio de Janeiro city on July 7 (local time). (Photo: VNA)

PM meets Brazilian corporations in Rio de Janeiro

At these meetings, the PM highlighted Vietnam’s current landscape, key development priorities, and its favourable investment and business environment. He also underscored the strong friendship between Vietnam and Brazil, particularly following the upgrade of bilateral ties to a Strategic Partnership in November 2024.

Civil servants and citizens at a taxation office in Hanoi. (Photo: VNA)

Hanoi’s budget revenue surges in H1

The surge was largely driven by domestic revenue, which reached 373.9 trillion VND, meeting 77.5% of the yearly projection and rising 52.7% year-on-year.