Ho Chi Minh City to develop 1,200-hectare digital technology zone network

Ho Chi Minh City has approved a plan to develop a network of concentrated digital technology zones to drive economic growth through science, technology, and innovation. The initiative aims to connect businesses, research institutes, universities, and investors, focusing on critical sectors such as semiconductors, artificial intelligence, green technology, and research and development (R&D).

The project involves the development of 11 concentrated digital technology zones with a total area exceeding 1,200 hectares. The plan anticipates a minimum workforce of nearly 73,900 people and a total investment of approximately 11,200 billion VND. Priority locations for initial infrastructure development include the Ho Chi Minh City and Tan Dinh digital technology zones, which will receive investments in transportation, electricity, water supply, telecommunications, and digital platforms.

Ho Chi Minh City currently serves as a major technological hub in Vietnam, attracting over 56% of total investment in technology companies and 60% of the country's investment deals. Existing models like the Quang Trung Software City (QTSC) and the Saigon Hi-Tech Park (SHTP) provide a foundation for this expansion, with QTSC already hosting over 110 enterprises exporting products to more than 20 countries.