existing industrial parks

HCMC gets cracking on social housing development

HCMC gets cracking on social housing development

The HCMC People's Committee has instructed relevant agencies to incorporate social and worker housing projects into the city’s investment stimulus program and streamline administrative procedures.
HCMC oriented around model of green and clean EPZs-IZs

HCMC oriented around model of green and clean EPZs-IZs

Because of clear recognition of the shortcomings in export processing zones and industrial zones (EPZs-IZs), the People's Committee in Ho Chi Minh City has assigned the Export Processing zone and Industrial Park Authority (HEPZA) to develop a ‘Project for the development of EPZs and IZs in the southern largest city towards efficiency and innovation for the period of 2021-2025 and a vision to 2030’.

 

Industrial activities in HCMC facing challenges

Industrial activities in HCMC facing challenges

Industrial activities in Ho Chi Minh City are facing many challenges in terms of infrastructure, as existing industrial parks (IZs) gradually fill up the leased land area, whereas new IPs are slowly established. Up to now, the city has only about 300 hectares of land in industrial zones that can be leased and exploited.

 

A paper mill is under construction in Hiep Phuoc Industrial Park in Ho Chi Minh City. (Photo: SGGP)

Investment capital pumped heavily into HCMC

In the first quarter of this year, domestic and foreign investment capital flow still poured heavily into export processing zones and industrial parks in Ho Chi Minh City which shows that the city is a safe destination for the investment of enterprises.