The Tan Thuan Export Processing Zone is connected to Tan Thuan Port, forming a manufacturing–export ecosystem for Ho Chi Minh City. (Photo: VNA)
Ho Chi Minh City’s export processing zones, industrial parks have set an ambitious goal of attracting over USD 20 billion in investment during the 2025–2030 period, following the planned merger of HCM City, Ba Ria – Vung Tau and Binh Duong provinces.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of USD 8–10 million per hectare, with a 70 per cent disbursement rate of registered capital achieved on schedule.
Delegates also approved plans to allocate 13,000–13,300 ha for industrial and export processing use, with 6,500–6,800 ha deemed ready for lease. In addition, four to five existing industrial parks will be upgraded into eco-industrial zones.
Faced with both opportunities and challenges in attracting high-value, knowledge-intensive industries, Le Van Thinh, Head of the Management Board, underscored the importance of accelerating administrative reforms, improving the Public Administration Reform Index (PAR Index), enhancing the Department and District Competitiveness Index (DDCI), and driving digital transformation (DTI).
An aerial view of Tan Thuan Export Processing Zone (Photo: VNA)
The regional consolidation is expected to significantly expand development space and human resources potential, drawing in more large-scale enterprises. The rise of smart manufacturing, digital factories, and green and circular economies is creating both new challenges and vast opportunities.
Delegates expressed their strong commitment to expanding industrial development space, restructuring industrial zones toward high-tech, green, and digital industries, and strengthening the efficiency of State management.
Particular focus will be placed on improving labour productivity, enhancing competitiveness, and fostering stable, harmonious labour relations. These efforts aim to promote economic and cultural development, ensure social welfare, and improve workers’ quality of life, while maintaining political stability and public security in industrial zones.
