Science-technology activities in Ho Chi Minh City have been heightened after the issuance of Resolution 20 by the 11th Party Central Committee, creating a strong foundation for the fulfillment of socio-economic goals of the city.
After 20 years running, Saigon Hi-tech Park (SHTP) has been trying to transfer its focus towards quality and performance, prioritizing the commercialization of research results while attracting more projects with high added values.
After nearly ten years with many policy changes, up to now, the attraction of experts, scientists, and people with special talents to work in the public sector is still a problem that Ho Chi Minh City has not yet had a good solution for it.
The Management Board of the Saigon High-Tech Park (SHTP), on June 27, held a conference to promote investment in SHTP, with the attendance of Mr. Phan Van Mai, Member of the Party Central Committee, Chairman of the People's Committee of Ho Chi Minh City; leaders of departments and agencies, businesses, and investors.
Saigon Hi-Tech Park (SHTP) has become one of the ideal destinations for high-tech investors through the presence of the world's leading multinational technology corporations, such as Intel (US), Nidec (Japan), Sanofi (France), and Datalogic (Italy). In 2021, overcoming the sweep of the Covid-19 pandemic, SHTP still stabilized production, retained, and attracted new investors.
Saigon Innovation Hub (SIHUB) under the Ho Chi Minh City Department of Science and Technology has finished the criteria set of international standard for startup incubator establishment. This is to improve the incubation quality so that more high-value startups can be successfully born in the city in the near future.
“This is the most meaningful investment promotion. Especially in the context of the Covid-19 pandemic, this action is even more meaningful," Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen praised the Management Board of the Saigon Hi-Tech Park (SHTP) for prioritizing the health and life of workers and laborers above all.
After the fourth Covid-19 pandemic, more than 1.3 million workers have returned to work in Ho Chi Minh City. Many enterprises have been urgently recruiting workers to resume operations in the new normal period and prepare orders for the Lunar New Year. The labor market is vibrant in the unskilled, mid-level, and senior labor segments.
After more than half a month of loosening social distancing, Ho Chi Minh City records that 60 percent of enterprises have restored production with a scale of up to 83 percent. The relaxation of social distancing, along with the resumption of the transportation system from the city to other provinces, has created favorable conditions for enterprises to speed up production.
Despite the complicated developments of the Covid-19 pandemic, the export turnover of Vietnam still achieved positive results of US$27 billion in September, down 0.8 percent compared to the previous month and 0.6 percent year-on-year. As soon as Ho Chi Minh City gradually reopens, many enterprises accelerate export activities.
Quang Trung Software Park (QTSC) and Saigon Hi-Tech Park (SHTP), which play an important role in the production and export of software and high-tech products of Ho Chi Minh City, have soon resumed operations when the city implements Directive No.18.
The Department of Transport of Ho Chi Minh City, on the afternoon of September 24, informed that it had just submitted to the municipal People's Committee a plan to coordinate with provinces to welcome workers back to the city.
The Office of the People's Committee of Ho Chi Minh City has just announced the conclusion of Vice-Chairman Duong Anh Duc on the activities of enterprises in the Saigon Hi-Tech Park (SHTP) in Thu Duc City.
Amid the complicated developments of the Covid-19 pandemic, many enterprises said that they need authorities to research and find solutions to help them reduce costs, especially costs related to the implementation of three-on-site production.
By the afternoon of July 13, Ho Chi Minh City has 15 out of 16 export processing zones and industrial parks (EPZs-IZs) and the Saigon High-Tech Park (SHTP) hit by the Covid-19 pandemic. Many enterprises have had to suspend production activities, affecting the guarantee of delivery time, especially export orders.
Due to the complexity of the latest Covid-19 outbreak, Ho Chi Minh City is carrying out several methods to protect manufacturing facilities and industrial zones, including Saigon Hi-tech Park (SHTP). Hoping to significantly contribute to the overall development of the city, SHTP is striving to stabilize its production activities and increase export.
SHTPLabs, a member of Saigon Hi-tech Park (located in Ho Chi Minh City), has continuously launched new products of companies in the site to the market. This has proved the effectiveness of a strong connection between research centers and related businesses in the commercialization process.
At a meeting with businesses in early 2021, the Management Board of the Saigon High-Tech Park (SHTP) set out the goal of becoming a major contributor to the export turnover of Ho Chi Minh City. Specifically, by 2025, SHTP will strive to achieve about US$30 billion of export value, and domestic added-value will reach more than 35 percent. On this occasion, Intel Corporation also announced to invest another $475 million in the Intel Products Vietnam (IPV) factory, sending its total investment to nearly $1.5 billion.