To date, the SHTP hosts 160 valid investment projects with a total capital of over 12.3 billion USD, including 10.3 billion USD in FDI. Exports from the park have surged dramatically, from just 500 million USD in 2010 to over 20.7 billion USD in 2024.
Vietnam’s industrial real estate sector is expected to experience robust growth in 2025, driven by domestic economic growth factors such as foreign direct investment (FDI), infrastructure development, and an improved investment environment.
With 7.82 billion USD in foreign direct investment lured in 2024, the port city of Hai Phong and the northeastern province of Quang Ninh continued affirming their strong attraction as the two pillars of the northern economic triangle, that includes Hanoi.
Major domestic and international corporations are proposing high-tech projects in Ho Chi Minh City, signaling a shift toward innovation-focused investment.
New foreign direct investment (FDI) projects in southeastern localities in the first five months of 2024 are not large but friendly to the environment and apply high technologies.
Da Nang city is making every effort to attract investors to major projects in high-tech industries and creative urban development. The city offers various incentives, especially in the fields of high technology and information and communications technology (ICT), as part of its plan to boost economic development in the region.
Industrial parks and economic zones in the northern port city of Hai Phong strive to attract 2-2.5 billion USD in foreign direct investment (FDI) in 2024, according to the city’s Economic Zone Management Board.
Minister of Planning and Investment Nguyen Chi Dung on July 14 met with representatives of the US government agencies, organisations, businesses, investment funds and large corporations to promote cooperation in innovation and technology; research, exchange experiences and attract resources to building an international financial centre; and promote and attract investment to high-tech projects in Vietnam.
Singrow, a Singapore-based agri-genomics, has developed a research project to promote strawberry varieties grown in tropical climate areas. The firm has also promoted franchise farm partnerships in Malaysia and Thailand to make significant progress in its global expansion plans.
The southeastern province of Binh Phuoc had targeted to draw in 2-2.5 billion USD in foreign direct investment (FDI) during the period from 2021 to 2025 and 5-6 billion USD from 2026 to 2030.
Da Nang always welcomes US enterprises to invest in the city, especially in hi-tech, Secretary of the municipal Party Committee Nguyen Van Quang has said.
Vietnam’s CT Group officially opened its representative office in Tel Aviv, Israel on June 19 in an effort to boost cooperation with the innovation and hi-tech market of the host.
A total of 1,600 agri-businesses were newly established and resumed operation in 2021, raising the number of firms in the sector to over 14,400, according to the Ministry of Agriculture and Rural Development.
Ho Chi Minh City aims to have at least 30 percent of its agriculture cooperatives apply advanced technologies in production, including bio technology, information technology, and automation.
Human resources, especially high-quality personnel, have always been a critical element in determining the success of an enterprise, especially high-tech enterprises. Most enterprises, however, face a lack of high-quality workers.
Hanoi will prioritise stimulating support industries for the component manufacturing, hi-tech, and textile-garment and footwear sectors and strengthen industrial supply chains in the northern key economic region.
Prime Minister Nguyen Xuan Phuc received Japanese Deputy Minister of Education, Culture, Sports, Science and Technology Tsutomu Tomioka in Hanoi on July 18.