Twelve projects, including 10 domestic projects and two foreign-invested ones with a total investment exceeding 1 billion, are set to break ground in the Saigon Hi-tech Park (SHTP) in Ho Chi Minh City in 2025, according to the park’s management board.
Ho Chi Minh City’s Saigon Hi-Tech Park (SHTP) on December 28 signed a cooperation pact with the US-based engineering simulation software provider Ansys, Inc. to develop human resources for the country’s semiconductor industry.
The Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City and Cadence Design Systems, a multinational computational software company of the US, on May 30 signed a memorandum of understanding on cooperation in developing electronic design manpower and promoting the semiconductor industry in Vietnam.
Ho Chi Minh City’s Saigon Hi-Tech Park (SHTP) seeks to attract investment in more high technology industries and other projects with high added-value, said head of the SHTP's management board Nguyen Anh Thi.
The Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City has attracted more than 12 billion USD in domestic and foreign investment since its establishment 20 years ago, said the head of its management board.
The US-based electronic design automation (EDA) company Synopsys will assist Vietnam in developing human resources in chip design, as part of a deal signed with the Management Board of Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City on August 26.
Ho Chi Minh City will focus on helping businesses invest in the Saigon Hi-tech Park in Thu Duc city by addressing slow administrative procedures, a conference on facilitating investment heard on June 27.
The management board of the Saigon Hi-Tech Park (SHTP) granted certificates to three projects to increase their investment by more than 848.74 million USD in total at an investment conference for the park on June 27.
Ho Chi Minh City, Vietnam’s largest economic hub, has been paying attention to developing the hi-tech industry so as to bring into full play opportunities brought about by the Fourth Industrial Revolution.
Visiting President of Sierra Leone Julius Maada Bio toured the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City on March 19, part of his official visit to Vietnam.
While Vietnam is not out of the woods yet, it has enough pull factors to encourage investors to continue their business operations and even move their manufacturing operations to the country, according to Vietnam Briefing.
More than 1,300 companies and factories in export processing zones (EPZs), industrial parks (IPs) and hi-tech parks (HTPs) in Ho Chi Minh City, or 92 percent of the total, have reopened so far, according to the HCM City Export Processing Zone and Industrial Park Authority (HEPZA).
Ho Chi Minh City has set itself a target of meeting 65 percent of its demand for supporting industry products by 2025 by honouring and supporting business that invest in supporting industries.
The Ho Chi Minh City People’s Committee has recognised the Vietnam National University, Ho Chi Minh City (VNUHCM) as a hub of science, technology, culture, and knowledge in the city’s innovative eastern area.
Private investment is forecast to keep flowing into the healthcare sector in the time ahead with the appearance of many new drivers, according to the Dau tu (Vietnam Investment Review) newspaper.
Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Vietnam and seek to develop supply chains here, experts said.
HCM City should learn from other countries’ experiences in building a world-class science and technology park so that it can shift to a knowledge-based economy, speakers said at a recent conference in the city.
