HCMC High-Tech Park grants environmental permits, approve project construction on its own

HCMC High-Tech Park grants environmental permits, approve project construction on its own

The Saigon High-Tech Park (SHTP) in Ho Chi Minh City has the authority now to grant environmental permits and approve project construction, Huynh Ngoc Dao, chief of the office of the park’s management board, said Tuesday.

Investing - Tue, April 16, 2024 | 8:55 pm

Multinational home tool firm Techtronic to invest $650 mln in Vietnam

Multinational home tool firm Techtronic to invest $650 mln in Vietnam

Techtronic Tools (Vietnam) Company Limited under Hong Kong-headquartered multinational firm Techtronic plans to invest $650 million in Ho Chi Minh City, the southern economic hub of Vietnam.

Industries - Fri, April 12, 2024 | 10:52 am

Strategic investment attraction should be seen as a means, not an end: HCMC official

Strategic investment attraction should be seen as a means, not an end: HCMC official

Vietnam and Ho Chi Minh City in particular need to look at attracting foreign investment as a means to realizing the goal of developing domestic industrial capacity, not just a short-term fix, said Nguyen Anh Thi, head of the Saigon Hi-Tech Park's (SHTP) management board.

Industries - Fri, March 15, 2024 | 12:00 pm

Vietnam offers tax, working conditions incentives for high-tech parks

Vietnam offers tax, working conditions incentives for high-tech parks

Vietnam will provide tax and working conditions incentives for high-tech parks and businesses therein under new Government Decree 10/2024, effective March 25.

Industrial real estate - Tue, February 6, 2024 | 8:11 am

Cadence assists Vietnam’s semiconductor sector development

Cadence assists Vietnam’s semiconductor sector development

California-headquartered Cadence Design Systems Inc. signed a memorandum of understanding with Ho Chi Minh City’s Saigon High-Tech Park (SHTP) on Tuesday on collaboration to foster electronic design expertise and advance the semiconductor industry in Vietnam.

Industries - Tue, May 30, 2023 | 4:49 pm

HCMC among top data center destinations in land costs

HCMC among top data center destinations in land costs

Vietnam’s Ho Chi Minh City is in the top 10 group for selection in the Land Price category in global property services firm Cushman & Wakefield’s latest annual report on data center developments.

Industries - Fri, February 3, 2023 | 10:54 am

US chip giant Synopsys ramps up design venture in Vietnam

US chip giant Synopsys ramps up design venture in Vietnam

Synopsys, Inc. is seeking to make Vietnam a hub to foster chip design engineers via its partnership with the Saigon Hi-Tech Park in Ho Chi Minh City, the country’s economic powerhouse.

Industries - Wed, December 28, 2022 | 10:46 am

Taiwan’s Coretronic to open new Vietnam electronics plant next year

Taiwan’s Coretronic to open new Vietnam electronics plant next year

Taiwanese electronics maker Coretronic is set to commission its new plant in Vietnam by the end of 2023, according to the industrial park home to the facility.

Industries - Sat, November 5, 2022 | 8:37 pm

Saigon Hi-Tech Park to prioritize semiconducting, renewables

Saigon Hi-Tech Park to prioritize semiconducting, renewables

Ho Chi Minh City’s key high-tech focused business park SHTP aims to become a smart technology hub, and the core of the interactive and innovative urban area in the city’s eastern part by 2030.

Industries - Sat, October 29, 2022 | 8:36 pm

Saigon Hi-Tech Park establishes chip design center

Saigon Hi-Tech Park establishes chip design center

Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City debuted Friday a chip design center to cash in on demand for semiconductors.

Investing - Sat, October 22, 2022 | 6:54 pm

US chip giant Synopsys shifts engineer training to Vietnam

US chip giant Synopsys shifts engineer training to Vietnam

Synopsys, Inc. is re-directing its operations to avoid a China-U.S. tech war by moving part of its engineer training venture to Vietnam.

Industries - Fri, August 26, 2022 | 8:50 pm

Samsung pumps another $841 mln into Vietnam

Samsung pumps another $841 mln into Vietnam

Samsung Electronics Co.’s unit in Ho Chi Minh City’s Saigon Hi-Tech Park has been allowed to add $841 million to its capital, totaling an investment of $2.84 billion.

Industries - Tue, June 28, 2022 | 10:21 am

HCMC vows to cut hi-tech investment red tape

HCMC vows to cut hi-tech investment red tape

Ho Chi Minh City authorities on Monday pledged to solve time-consuming admin investors face in forming and running businesses in Saigon Hi-Tech Park (SHTP) to further drive the megacity’s growth.

Industries - Mon, June 27, 2022 | 3:02 pm