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).
AI Hack Bootcamp 2021 – a programme that seeks AI solutions for e-commerce - was launched at a ceremony jointly held by the Saigon Hi-tech Park Incubation Centre and the Vietnam E-Commerce Association on October 1.
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.
Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Director of Finance Alan Danner said on January 27.
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.
The 2020 Sourcing Fair Supporting Industries (SFS 2020) was held on September 17 to help companies in supporting industries expand their markets and join global supply chains.
A number of firms in Ho Chi Minh City are planning to reboot production and trade as well as recruit more workers after COVID-19 has been under control.
Foreign-invested enterprises (FDI) in Vietnam have been maintaining production despite difficulties caused by the COVID-19 outbreak while preparing plans to recover after the pandemic ends.
More Vietnamese businesses are investing in the robot manufacturing industry as demand for such products is growing rapidly in Vietnam, experts have said.
The Southern Key Economic Zone needs specially tailored policies to attract large amounts of foreign direct investment and improve linkages between localities to ensure sustainable development, experts have said.
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