Ho Chi Minh City grants investment certificates to 4 high-tech projects.
The high-tech projects licensed by the Ho Chi Minh City People's Committee fall under the categories of large-scale data centers, biomedical technology, and smart electronic devices.
Mr. Nguyen Van Duoc, Chairman of the Ho Chi Minh City People's Committee, presented investment certificates to representatives of the businesses. (Photo: VNA)
On April 25th, the People's Committee of Ho Chi Minh City held a ceremony to award investment registration certificates to four high-tech projects with a record total investment of over US$1.23 billion.
The licensed projects are in the fields of large-scale data centers, biomedical technology, and smart electronic devices.
Mr. Nguyen Ky Phung, Head of the Management Board of Ho Chi Minh City High-Tech Park (SHTP), stated that in implementing Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation, Ho Chi Minh City has implemented a "special investment procedure" mechanism, creating a transparent legal framework and shortening processing times, thereby effectively attracting FDI and domestic capital into key technology sectors.
New investment projects are expected not only to directly contribute to GRDP growth but also to strengthen Ho Chi Minh City's role as a leading regional center for innovation, digital infrastructure, and green industry.
In the digital economy sector, the Evolution DC VN HCMC data center project, implemented by a consortium of three Singaporean investors (Hathor, Frontier, Evolution), has a total investment of over US$508 million. The project has a designed capacity of 52 MW IT Load, serving the storage and processing of large datasets and cloud computing. The project aims to become the "backbone" infrastructure for the digital economy, while committing to using over 30% renewable energy and striving for "NetZero" by 2045.
Also participating in digital infrastructure is the Starmason mega-data center complex project, invested by Starmason Joint Stock Company with a total capital of over US$480 million. With a designed capacity of 60 MW IT Load, upon completion, this complex will contribute to strengthening digital infrastructure capabilities and attracting large-scale ICT service providers to Vietnam, ready to meet the AI and cloud computing development needs of partners.
In the biomedical field, Tam Anh General Hospital Joint Stock Company in Ho Chi Minh City will implement the Tam Anh High-Tech Center Project with a capital of US$160 million, marking a breakthrough in applied medical research.
The project provides a next-generation sequencing (NGS) technology platform, regenerative medicine technology from stem cells, and clinical trial infrastructure meeting international ICH GCP standards, thereby contributing to the creation of an innovative ecosystem in the advanced medical and pharmaceutical field.
Mr. Nguyen Van Duoc, Chairman of the People's Committee of Ho Chi Minh City, presented the Investment Certificate to the representative of Tam Anh General Hospital Joint Stock Company. (Photo: VNA)
In the field of smart electronic devices, the Techtronic Tools Vietnam (TTI) Factory project, with an investment of US$81 million, will be a crucial link in enabling the city to participate more deeply in the global supply chain. The project not only produces integrated IoT (Internet of Things) electromechanical devices and high-performance lithium battery packs, but also directly establishes a research and development (R&D) center, holding core technologies in circuit boards and precision mold making.
According to the Ho Chi Minh City High-Tech Park Management Board, the investment attraction results in the first quarter of 2026 demonstrate the effectiveness of the management policies and the attractiveness of the investment environment in Ho Chi Minh City to global technology corporations.
To date, the Ho Chi Minh City High-Tech Park Management Board has 166 active projects with a total investment of approximately US$13.4 billion, creating jobs for over 53,600 highly skilled workers. The cumulative total production value has reached over US$203 billion, of which exports exceed US$185 billion.
In its long-term orientation, SHTP is transforming into a new generation Science and Technology Park model, integrating research, innovation, open data, artificial intelligence, clean energy, and the circular economy, contributing to making Vietnam a technology and innovation hub in the region.
Highly appreciating investors' choice of the city to implement projects in the digital and green economy sectors, Mr. Nguyen Van Duoc, Chairman of the People's Committee of Ho Chi Minh City, stated that these projects are of pivotal significance, directly establishing new standards for high-tech investment in Vietnam.
Large-scale FDI and domestic capital resources are crucial driving forces helping the city accelerate and successfully achieve double-digit growth targets in 2026 and subsequent years. This result also reflects the strong confidence of the international community in the investment environment of the High-Tech Park in particular and the city in general.
Emphasizing that the issuance of investment certificates is only the beginning, city leaders are committed to providing continuous support and creating the most favorable institutional conditions for investors to effectively implement their projects.
“The city government is committed to absolutely protecting the legitimate rights and interests of investors; proactively building a transparent and safe business environment; and preparing all essential infrastructure conditions,” Mr. Nguyen Van Duoc affirmed.
To realize these commitments, the Chairman of the People's Committee of the city requested the Management Board of the High-Tech Park, along with relevant departments, agencies, and organizations, to proactively coordinate closely, streamline legal procedures, and promptly resolve obstacles related to land, construction, and the environment. The ultimate goal is for projects to be started, put into operation, and bring practical value to society as soon as possible; ensuring that no administrative delays affect the progress and strategies of investors.
Xuan Anh,
According to VNA/Vietnam+