Ascendas-Saigon Bund Ltd Co. received an investment licence for its OneHub Saigon complex project on September 25.
The ceremony was attended by Former Prime Minister and Emeritus SeniorMinister of Singapore, Goh Chok Tong, municipal high-ranking officialsand representatives from the Ho Chi Minh City Hi-Tech Park.
TheOneHub Saigon complex, valued at 130 million USD, is a joint venturebetween Singaporean enterprise Ascendas and Saigon Bund Capital PartnersLtd Co. It will span 11.9ha in the Hi-Tech Park, becoming the firstOneHub venture in Vietnam, implemented by Ascendas and based onsuccessful models in India and China.
Le Hoai Quoc, Head of theHi-Tech Park Management Board said Onehub Saigon will be an urbancomplex that follows regional and international development trends,attracting high-quality human resources and adding value to the park.
With its unique design and plans, OneHub Saigon will act as anarchitectural focus for the park and the eastern part of the city, Quocadded.
Le Hoang Quan, Chairman of Ho Chi Minh City’s People’sCommittee, believes the OneHub Saigon project will be successful thanksto Singapore’s expertise in hi-tech park development and Ascendas -Saigon Bund Ltd Co.’s understanding of the city. Currently, theCity’s Hi-Tech Park, including OneHub Saigon, has attracted 2.5 billionUSD from over 60 multinational companies, such as Intel, Nidec andSanofi. /.
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.
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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.
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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.
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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.
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