TikTok’s 980 mln USD Ho Chi Minh City logistics project secures investment certificate
Part of TikTok’s ecosystem, the Ho Chi Minh City project has a total registered capital of 25.85 trillion VND (980 million USD), including 196 million USD in contributed capital, or 20% of total investment, with the remaining 784 million USD expected to be raised. It has a 50-year operating term and is slated to begin in November 2026.