The Silicon Saigon Park JSC held a ceremony to commence the construction of the "Saigon Silicon City" in the Saigon Hi-Tech Park (SHTP) on November 10.
The project follows the model of the US's Silicon Valley
HCM City (VNA) – The Silicon Saigon Park JSC held a ceremony to commence the construction of the "Saigon Silicon City" in the Saigon Hi-Tech Park (SHTP) on November 10.
The project follows the model of the US's Silicon Valley, home to many of the world's biggest high-tech corporations and technology start-up companies.
It has an investment capital of about 860 billion VND (40 million USD) poured by Overseas Vietnamese investors from the US’s Silicon Valley, and will be spread over 52 hectares. The Saigon Silicon City is expected to lure around 1.5 billion USD in investments from 20 investors in high-tech area and support industry from 2015 to 2020.
According to Chairman of the Silicon Saigon Park Nguyen Minh Hieu, the project will become an international-standard smart urban area to attract overseas Vietnamese and foreign enterprises with investments in the high-tech area.
Vice President of the municipal People’s Committee Tat T🌞hanh Cang pledged that authorities will be ready to remove difficulties🧸 that may arise for businesses in the Saigon Silicon City.-VNA
Minister of Science and Technology Nguyen Quan told Lao Dong Cuoi tuan (Labour Weekend) about a new project to attract investment for technology ventures following the Silicon Valley model.
The information technology (IT) boom is expected to help Vietnam become the Silicon Valley of Southeast Asia, according to an article posted on the website //www.pcmag.com.
Vietnamese semiconductor companies will have an opportunity to introduce their businesses to global producers during a business mission that finishes on September 23.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
The project follows the model of the US's Silicon Valley
