Saigon Hi-tech Park to celebrate 20th anniversary

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.
Saigon Hi-tech Park to celebrate 20th anniversary ảnh 1Le Thi Bich Loan (left), deputy head of Saigon Hi-Tech Park’s management board, and Nguyen Anh Thi, head of management board, speak at a press conference yesterday on the park’s 20th anniversary. (Photo: VNA)
HCM City (VNA) - The Saigon Hi-Tech Park (SHTP) in Ho Chi Minh Cityhas attracted more than 12 billion USD in domestic and foreign investment sinceits establishment 20 years ago, said the head of its management board.

Speaking at a press conference on October 18 on the occasion of its 20thanniversary, Nguyen Anh Thi, head of the SHTP Management Board, said itincluded more than 50 foreign direct investment (FDI) projects worth more than 10.1billion USD.

They include those by high-tech giants such as Intel and Jabil from the US,Nidec, Nipro, Nippon Telegraph, and Telephone (NTT) from Japan, Samsung fromSouth Korea, and Datalogic from Italy.

It has given priority to investment in business incubation and training,high-technology manufacturing, hi-tech services, and smart factories, accordingto Thi.

The park will continue to assist investors to invest in the park by addressingslow administrative procedures, he said.

After 20 years of establishment, SHTP has formed a national high-tech centrefor scientific and technological research and development in the city.

A fully State-owned park, the park is a key project in HCM City and is one ofthe three pillars of the Eastern Creative Urban Area in Thu Duc city (inaddition to the Thu Thiem Financial Centre and the National University of HCMCity).

Over the past 20 years, the park has cooperated with educational institutionsand businesses to improve the quality of human resources.

It has established an Intelligent Operation Centre (IOC) to provide necessaryinformation for businesses investing in the park.

The park has organised high-tech supporting industry development programmes tohelp local firms link up with lead firms through business matching activities,and build export processing zones and industrial parks across the country, headded.

A ceremony will be held on October 29 to celebrate the 20th anniversary of thepark.

A range of activities will be held, including an exhibition displaying photosand videos showing the process of the development of the park over the past 20years.

Since the beginning of 2022, HCM City has organised a number of activities aspart of the celebration.

Early this year, it started construction of a metro station area in thenorthern area of the park (main entrance) to connect to the city’s firstmetro line (Ben Thanh – Suoi Tien).

The park has recently cooperated with a local hospital to provide free medicalexaminations, and presented gifts to 250 disadvantaged households who haddonated land to make way for the construction of the park.

Last year, the park’s exports of high-tech products were worth 20.9 billion USD,or 52% of the city’s total exports, and are expected to rise to 23 billion USD bythe end of this year.

Founded in 2002, the 913ha park targets to become a world-class science andtechnology park by 2030.

It is home to a number of high-tech focused factories and facilities, includingthe Samsung Electronics HCMC CE Complex (SEHC), with 2 billion USD invested by theRepublic of Korea’s tech giant Samsung.

More than 10 trillion VND (425.4 million USD) has been invested in developingthe park, 1.98 trillion VND by the central Government and the rest by the city.

Another 4.5 trillion VND was invested by the private sector in telecominfrastructure, ready-built factories, logistics and warehouses, and others./.
VNA

See more

Prime Minister Pham Minh Chinh (second, right) visits the division of nuclear science and engineering (NSE) in the Physics Department at the Royal Institute of Technology (KTH) of Sweden on June 13, 2025. (Photo: VNA)

PM calls for cooperation with Sweden in nuclear energy technology

The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.

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.

Experts take part in a forum about technology held within the framework of the Vietnam Blockchain and Artificial Intelligence Week. (Photo: VNA)

Vietnam Blockchain and Artificial Intelligence Week opens in Da Nang

The week features a rich lineup of activities, including a plenary conference on blockchain and AI development, thematic seminars on future technology trends and investment visions, applications of blockchain and AI in business, the Super Vietnam PitchFest, as well as forums for blockchain and AI.

Experiencing Anbi robot at the day on digital age and innovation in Bac Giang province. (Photo: VNA)

📝 OP-ED: Businesses should shoulder innovation tasks for groundbreaking development

According to the Politburo’s Resolution No. 57-NQ/TW, dated December 22, 2024, on making breakthroughs in the development of science, technology, innovation, and national digital transformation, this is considered a decisive factor in the development of nations. It is seen as a prerequisite and the best opportunity for Vietnam to become prosperous and powerful in the new era of the nation’s rise.

Vietnam makes strides in global innovation (Photo: VNA)

Vietnam’s innovation hub powers up to drive tech, entrepreneurship forward

Vietnam’s demographic advantage, including a youthful population of 100 million in a “golden age”, further bolsters its ambitions. Its dynamic workforce, with a natural inclination toward science, technology, engineering, and math (STEM), is a key asset in attracting private investment to innovation-driven sectors.

At the summit (Photo: VNA)

Vietnam attends Singapore’s ATxSummit 2025, highlights responsible AI development

Following participation in the summit and thematic panel sessions, the Vietnamese delegation joined a ministerial roundtable on digital trust, where Deputy Minister Public Security Lieutenant General Nguyen Ngoc delivered an address outlining Vietnam’s efforts in implementing its national strategy on AI research, development and application until 2030.