List of Industrial Parks in Ho Chi Minh City

Industrial parks in Ho Chi Minh City possess advantages in infrastructure and a diverse, modern system of industrial zones, meeting the investment and production needs of various industries.

Industrial parks in Ho Chi Minh City are becoming a powerful driving force for the growth of the national economy. As a major industrial hub, Ho Chi Minh City has attracted a substantial amount of foreign direct investment (FDI), significantly contributing to the country's industrialization and modernization process. These industrial parks play a crucial role in the economic development of the entire nation, drawing a large amount of current investment capital. Let's join BIC in exploring the list of industrial parks in Ho Chi Minh City in this article!

Advantages of Industrial Parks in Ho Chi Minh City

Industrial parks in Ho Chi Minh City are becoming one of the main drivers of national economic growth. As a major industrial center, the city has attracted a large amount of foreign direct investment (FDI), making a significant contribution to the industrialization and modernization of the country. Currently, Ho Chi Minh City is the preferred destination for many major global investors when coming to Vietnam. The city holds a central position in the Southern Key Economic Region, serving as a transportation hub connecting provinces in the region and as an important international gateway.

Ho Chi Minh City boasts 14 operating industrial parks and 3 export processing zones with a total area of nearly 4,130 hectares. Notably, the high-tech park in the city, covering approximately 913 hectares, is the most successful in Vietnam, attracting about 12 billion USD in FDI from many global corporations such as Intel, Samsung, and Nidec.

- Electronic and Information Technology: This sector is a significant pillar, with rapid growth contributing substantially to Vietnam's GDP, reaching a rate of 14.26% in 2022.

- Chemical-Pharmaceuticals, Rubber-Plastics: This industry is also thriving, with an industrial production index increase of 26.5% in 2022, making a significant contribution to Vietnam's economy.

- Food Processing: This sector is a key pillar of the economy, accounting for 13.69% of the total industrial value added and providing employment for over 281,000 workers in Ho Chi Minh City.

The city also has a modern commercial infrastructure, developed extensively across districts, with a large consumer market of over 10 million people. The workforce in this vibrant city is abundant and highly qualified, with nearly 5 million trained workers, helping the city become a leading center for technology production and services in Vietnam.

In 2024, Ho Chi Minh City plans to leverage investment shifts from many countries around the world with superior policy mechanisms. The city aims to transform its economic structure towards a more modern, greener, cleaner, and more productive direction. Resolution 98 on piloting certain specific mechanisms and policies allows for the application of many investment incentive policies to continue attracting large corporations to invest in industrial parks in Ho Chi Minh City.

List of Industrial Parks in Ho Chi Minh City

Recognizing the importance and contributions of industrial parks in Ho Chi Minh City to the economy, the Vietnamese Government has been and continues to invest heavily in the development of industrial parks nationwide. Among these, Ho Chi Minh City is one of the top key areas. Below is the updated list of major industrial parks in Ho Chi Minh City based on the latest information:

The First Pharmaceutical-Industrial Park in Vietnam Located in Ho Chi Minh City

The "Development of Ho Chi Minh City's Pharmaceutical Industry by 2030, with a Vision to 2045" project has been approved by the Ho Chi Minh City People's Committee. This marks an important step for the city to become the first dedicated pharmaceutical-industrial park in the country.

General Objectives of the Pharmaceutical-Industrial Park Project:

- Technology Transfer: Focus on the transfer of technology for the production of medicines and medical equipment, with a particular emphasis on producing high-tech medical devices, vaccines, biological products, new drugs, and patented drugs. This aims to meet the domestic demand for disease prevention and treatment, reduce dependence on imported medicines, and move towards exporting with competitive quality and pricing.

- Development of the Pharmaceutical-Industrial Park: Establish and develop a pharmaceutical-industrial park in Ho Chi Minh City.

Ho Chi Minh City has planned to develop the pharmaceutical-industrial park at Le Minh Xuan 2 Industrial Park in Binh Chanh District, covering an area of 338 hectares. These industrial parks in Ho Chi Minh City are expected to become operational by 2030.

The strategy for developing Vietnam's pharmaceutical industry by 2030, with a vision to 2045, has been approved. This strategy prioritizes the development of the domestic pharmaceutical industry, the production of pharmaceutical raw materials, and strongly attracting investment, especially from foreign sources, into areas such as the production of patented medicines, specialty drugs, high-tech generic drugs, vaccines, reference biological products, and similar biological products.

The project recognizes that industrial parks in Ho Chi Minh City have significant potential in developing the pharmaceutical industry. The city is a major trading hub in the South, facilitating the transportation and supply of medicines. Additionally, it is home to many research, training, production, and business facilities. The production, business, and import-export activities of pharmaceuticals in Ho Chi Minh City have consistently shown high growth and account for a large proportion of the country's pharmaceutical economy.

With advantages in geographic location, population, infrastructure, and development potential, industrial parks in Ho Chi Minh City are increasingly asserting their position as attractive destinations for investors. This contributes to the city's continuous and prosperous development. Moreover, investing in building factories in Ho Chi Minh City is particularly important for investors looking to inject capital into these industrial parks.