SHTP grants 2016’s first investment licences to businesses
The Management Board of the Ho Chi Minh City-based Saigon High-tech Park granted the first investment licences to three projects worth nearly 100 million USD in total.
The Ho Chi Minh City-based Saigon High-tech Park (Source: VNA)
HCM City (VNA) – The Management Board of the Ho Chi Minh City-based Saigon High-tech Park granted the first investment licences to thr🅰ee projects worth nearly 100 million USD in t𒊎otal.
One of the projects is a high-tech research, application and production plant valued at 1.6 trillion VND (roughly 73 million USD) invested by Minh Nguyen Supporting Industries JSC.
The 4-hectare facility is scheduled to be in operation in the second quarter of this year with an annual minimum capacity of 20 million products, mainly high-tech and high-quality plastics and metal fabrication.
Under the project, the company will also partner with universities and research institutes at home and abroad to implement vocational training and courses on operation and management skills - in order to develop high-quality human resources.
Another of the licences granted is for the 20-million-USD Aureumaex Precision Plastics Vietnam project, invested by United More Sdn Bhd - that will produce plastic parts for LCD and LED TV panels for Samsung.
The factory whose construction is expected to begin in 2016 has a designed capacity of about 12 million products per year.
The third licence awarded is to ISD Hitech, a modern complex housing offices for lease, showrooms, high-end restaurants and medical centres with a total investment capital of 150 billion VND (6.6 million USD).
Overall, the Saigon Hi-tech Park (SHTP) has attracted 68 investment projects with a total registered capital of 4.1 billion USD since its establishment in 2002.
Enterprises here have exported about 10 billion USD and imported some 8.8 billion USD worth of goods.-VNA
Thirteen years after it opened, the SaiGon Hi-tech Park (SHTP) has achieved total sales of 13.6 billion USD, including 13.5 billion USD in export value.
The Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City granted investment licences on December 11 to two new projects in the park, worth a total nearly 200 million USD.
Two support industry projects from the Republic of Korea, worth 112 million USD in total, were authorised to land in the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City on December 17.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
The Ho Chi Minh City-based Saigon High-tech Park (Source: VNA)
