Want to be in the loop?
subscribe to
our notification
Business News
HCM CITY TO TURN EXISTING IPS, EPZS INTO ECO-INDUSTRIAL, HIGH-TECH ZONES
The HCM City People’s Committee wants changes made to a proposal to convert industrial parks and export processing zones into eco-industrial and high-tech zones by 2025.
Earlier, the HCM City Industrial Parks and Export Processing Zones Authority (HEPZA) had submitted the plan for the committee's approval with the aim of gradually weeding out labour-intensive firms and those using outdated technologies in Industrial Parks (IPs) and Export Processing Zones (EPZs).
It has instructed HEPZA to clarify certain requirements related to investment in high technologies by businesses.
HEPZA should encourage enterprises in existing industrial zones to convert their businesses into eco-services and ecological urban areas, it said.
It needs to come up with solutions for moving enterprises from their current IPs to new ones after their land lease expires and do not want to convert their businesses, it said.
It also needs to identify lands on its borders with neighbouring provinces and in underdeveloped areas or near the city’s gateways for developing new industrial parks in future, it said.
HEPZA plans to pilot the programme at four IPs: Tân Thuận EPZ in District 7, Tân Bình IP in Tân Bình District, Hiệp Phước IP in Nhà Bè District, and Cát Lái IP in Thủ Đức City.
It also wants to build two new industrial zones in Bình Chánh District, the 320ha Lê Minh Xuân 2 Industrial Park and 670ha Phạm Văn Hai Industrial Park, to house clean, advanced and high-tech industries.
Recently, the Ministry of Planning and Investment, in collaboration with the UN Industrial Development Organisation and the Management Board of IPs and EPZs, held a seminar in the city to discuss how to turn IPs and EPZs into eco-industrial parks (EIPs).
This is among the activities within the framework of the project on establishing EIPs in Việt Nam following the Global Eco-Industrial Parks Programme (GEIPP), in which Hiệp Phước IP is selected to be the first in HCM City to pilot the model.
Speaking at the event, Phạm Thanh Trúc, deputy head of Management Board of IPs and EPZs in the city, said that after 30 years of construction and development, IPs and EPZs in the city have gained certain achievements, making positive contributions to the industrialisation and modernisation of the country. However, there remain certain limitations.
Sharing the same view, Nguyễn Trâm Anh, an expert from the Ministry of Planning and Investment, said that the limitations in the development of IPs today are the lack of linkages between businesses in the zone; inefficient use of resources; unsecured energy and water; and their negative impacts on the natural environment and living environment of near-by residents.
She affirmed that the trend of shifting from traditional IPs to EIPs is inevitable.
The city has 17 IPs, EPZs and high-tech parks covering a total area of more than 3,800 hectares. It targets having 23 ‘green’ high-tech EPZs and IPs with 6,000ha.
Source: VNS
Related News
VIETNAM ECONOMY INVESTMENT
VIETNAM’S SEAFOOD EXPORTS HIT OVER US$10 BILLION IN JAN-NOV
Seafood export revenue in November alone amounted to nearly US$990 million, up 6.6% year-on-year. Key product groups posted solid gains. Shrimp exports rose 11.7% to over US$385 million, supported by strong demand for whiteleg shrimp and lobster. Tra fish shipments increased 9.7% to almost US$197 million, while marine fish, squid, and mollusk exports maintained their recovery.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS HIT NEW RECORD IN JAN-NOV
Vietnam’s agro-forestry-fishery export revenue reached an estimated US$64.01 billion in the first 11 months of 2025, up 12.6% year-on-year and surpassing the full-year record of US$62.4 billion set in 2024. Agricultural exports reached US$34.24 billion, up 15% year-on-year, while livestock products brought in US$567.4 million, a 16.8% increase. Seafood exports rose 13.2% to US$10.38 billion, and forestry products earned US$16.61 billion, up 5.9%.
VIETNAM ECONOMY INVESTMENT
HANOI REPORTS RECORD-HIGH BUDGET REVENUE IN 2025
Hanoi’s budget revenue is estimated to reach VND641.7 trillion in 2025, the highest level ever recorded and nearly 25% above the revised target, according to a report by the municipal government. Data from the city’s socioeconomic performance review shows that total state budget collections in 2025 are projected to reach 124.9% of the adjusted plan and rise 24.9% from 2024, the Vietnam News Agency reported.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
VIETNAM, CHINA TO PILOT TWO-WAY CARGO TRANSPORT AT LANG SON BORDER
Vietnam and China will launch a one-year pilot program on December 10 to allow two-way cargo transport through the Huu Nghi–Youyi Guan international border gates in Lang Son Province, reported the Vietnam News Agency. The Dong Dang-Lang Son Economic Zone Management Board said the trial aims to reduce transport costs and improve customs clearance capacity.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
VIETNAM’S IMPORT-EXPORT VALUE NEARS US$840 BILLION IN JAN-NOV
The total value of Vietnam’s imports and exports was nearly US$840 billion between January and November this year, the highest level ever recorded, according to the National Statistics Office. In its latest report on the country’s socio-economic performance, the National Statistics Office highlighted a series of positive economic indicators, with trade emerging as one of the strongest drivers of growth.
HOSPITALITY / TOURISM / ENTERTAINMENT
OVER 19 MILLION INTERNATIONAL VISITORS COME TO VIETNAM IN JAN-NOV
Vietnam received more than 19.1 million international visitors in the first 11 months of 2025, a 20.9% increase year-on-year and the highest level ever recorded, according to the National Statistics Office. The figure surpasses the full-year record of 18 million arrivals set in 2019, before the Covid-19 pandemic. Nearly two million foreign visitors arrived in November alone, up 14.2% from October and 15.6% from the same period last year.
Events Sponsors
