Ho Chi Minh City develops a model of high-tech supporting industrial zones and clusters
Currently, a number of industrial parks in Vietnam in general as well as in Ho Chi Minh City in particular attract a number of multinational technology corporations, but when entering Vietnam, they operate as an independent individual in the industrial park, or if there is an “industrial ecosystem” most of the supply chain is “imported” into.
Facing this situation, Ho Chi Minh City has promoted the policy of developing key industrial clusters applying high technology, especially supporting industries, to meet the competitive requirements of both domestic and foreign markets.
Statistics on the development of high-tech supporting industries in Ho Chi Minh City show that, besides 17 existing export processing zones – industrial parks, there are two groups of industrial zones that should be studied to attract high-tech supporting industries for HCMC. In which, the group of newly formed and attracting investment industrial zones includes: Tan Phu Trung Industrial Park, An Ha Industrial Park, Automotive Mechanics, Le Minh Xuan 3. These are newly established industrial parks, completing infrastructure and attracting investors. These industrial parks still have an operating time of about 42 years, especially Tan Phu Trung Industrial Park about 36 years. In the coming time, industrial parks will continue to improve infrastructure and attract investors in high-tech supporting industries.
As for the group of industrial parks that have been established but have not yet been deployed, such as Le Minh Xuan 2, Phong Phu, North West Cu Chi expansion, Vinh Loc expansion, Le Minh Xuan expansion and industrial parks already in the list of master plans. Industrial zones in Ho Chi Minh City, but not yet established, include Vinh Loc 3, Hiep Phuoc 3, Phuoc Hiep, Bau Dung, and Xuan Thoi Thuong. Especially, Pham Van Hai Industrial Park with an area of 668 hectares is being submitted to the Prime Minister for inclusion in the planning of industrial zones in Ho Chi Minh City. This group of industrial parks is completely in line with the policy of attracting high-tech supporting industry enterprises.
Recorded in Ho Chi Minh City Hi-Tech Park (SHTP), as of November 30th, 2021, SHTP has attracted 26 supporting industry projects, with a total investment in supporting industry reaching US$ 512.72 million; in which, there are 14 domestic projects with investment capital of about 163.35 million USD and 12 FDI projects with investment capital of about 349.37 million USD. The domestic value-added for export products from 10% in 2010, has reached over 20% so far, and the Management Board is working with enterprises to strive for 35% by 2025. In the period of 2021 – 2025, it is expected that the total capital to attract investment into SHTP will reach about 3 billion USD, with over 50 high-tech projects; in which, there are 1-2 high-tech corporations of the world. The total production value of high-tech products of domestic enterprises in the period of 2021 – 2025 will increase twice as much as in the previous 5 years. By 2025, striving to achieve about 30 billion USD in export value, the number of workers with college degrees or higher will reach over 45% of the total number of employees.
The supporting industry sector contributed to the total value of investment attraction in SHTP of 7.6%. At the same time, contributing to the formation of a complete supporting industry ecosystem, creating an ideal high-tech production environment for FDI enterprises and creating attractiveness to attract investment in new high-tech projects in the future. SHTP’s orientation is to prioritize projects with advanced technology, new technology, high technology, clean technology, modern management, high added value, spillover effects, and production chain connection. and global supply.
Besides, SHTP focuses on 4 spearheads of microelectronics – information technology – telecommunications; precision mechanics – automation; biotechnology applied in pharmaceutical and environmental; new energy – new materials – nanotechnology according to Decision No. 2117/QD-TTg dated December 16th, 2020 of the Prime Minister promulgating on the list of technologies prioritized for research and application, actively participating in fourth industrial revolution…
To enhance the spillover of projects at SHTP such as developing supporting industries for high-tech products; Connecting FDI enterprises with domestic enterprises, SHTP forms a domestic supply chain around foreign direct investment projects. Promote cooperation with the Management Board of Export Processing Zones – Industrial Parks of Ho Chi Minh City (HEPZA) on the development of high-tech domestic supply chains, contributing to the implementation of the policy of transforming the existing export processing zones – industrial zones into a hi-tech park model.
Along with that, continue to support businesses to connect activities with three SHTP non-business units as well as with capital sources including: Investment stimulus, linking banks, commercializing research products… In particular, promoting research and development (R&D) cooperation in enterprises; linking research, design and technology transfer with enterprises.
Source: Bo Cong Thuong Viet Nam
