HCMC high-tech park's exports nearly $20 bln

In 2024, the value of high-tech products produced in the Ho Chi Minh City High-Tech Park is estimated to reach more than $20 billion, marking an 18.3% increase compared to the same period in 2023.

This year,  the total export and import values performed by the southern city's high-tech parks are estimated at $19.2 billion, up 13.3% year-on-year, and $17.03 billion, up 16.1%, respectively.

Mr. Nguyen Ky Phung, Head of the Management Board of the parks,  said over the past year, the Management Board has issued four investment registration certificates, including three for foreign-invested projects. To date, 160 projects have valid investment registration certificates, with a total investment capital of $12.167 billion.

According to Mr. Phung, in the future, the hi-tech area aims to become a world-class smart innovation center. This involves building specialized infrastructure, fostering an environment conducive to innovation, and affirming the central role of innovation clusters in the region, meeting international standards.

In 2024, the innovation park collaborated with the city’s relevant bodies to complete the project of establishing the Center for the Fourth Industrial Revolution (C4IR).

This is the second C4IR center in Southeast Asia to join the World Economic Forum's global network of Centers for the Fourth Industrial Revolution.