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Vietnam is focusing on high-tech investments and long-term partnerships to bolster its domestic industries and competitiveness, according to Ho Chi Minh City’s market potential and technological capabilities. Business leaders at Fortune’s Southeast Asia 500 Summit 2026 emphasized Ho Chi Minh City’s attractiveness as an international investment destination due to its infrastructure and technological advancements.
In the first 10 months of 2026, the city attracted US$19.1 billion in foreign investment, more than quadrupling the amount from the same period in 2025 and contributing over 30% of Vietnam’s total. The city’s gross regional domestic product (GRDP) also grew by 9.06% in the first nine months of 2026. Ho Chi Minh City’s appeal to global investors stems from its expanded development space following its merger with Binh Duong and Ba Ria-Vung Tau, a population of over 14 million people, and its integrated economic landscape that connects financial, commercial, and service centers with industrial parks, high-tech zones, and the Cai Mep-Thi Vai deepwater port complex.
Major projects like the Can Gio International Transshipment Port, valued at over US$4.9 billion, and the AI Factory data center project, worth approximately US$2.1 billion, further enhance the city’s appeal. Vietnam is also investing in high-quality public services, administrative efficiency, and expanding cooperation in artificial intelligence, automation, energy management, and advanced workforce training.
The government prioritizes investments in core technologies, modern management capabilities, and projects with strong potential for technology transfer, expanding domestic supplier networks, and strengthening Vietnamese companies’ competitiveness.
Written by urgent.news from SGGP English Edition Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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