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Ho Chi Minh City seeks South Korean investment in major projects

Ho Chi Minh City has pitched a portfolio of key projects to South Korean investors with a focus on areas matching the strengths of Korean companies

Ho Chi Minh City seeks South Korean investment in major projects

On November 5, Ho Chi Minh City hosted the 2026 Dialogue Conference, inviting South Korean businesses to explore over 200 potential projects seeking investment. Pham Quang Nhat, director of the Investment and Trade Promotion Centre (ITPC), noted that four key sectors align with South Korean companies' strengths. These sectors include electronics, semiconductors, high technology, and urban development.

The electronics and semiconductor projects span across Saigon Hi-Tech Park, covering a combined area of 2.36 hectares. Meanwhile, projects for next-generation industrial parks and supporting industries are located at Lai Hung IP, Binh Duong Riverside IP, Pham Van Hai IP, and Pham Van Hai II IP, focusing on science and technology, chips, semiconductors, precision engineering, machinery manufacturing, and automation.

Urban transport infrastructure projects, such as Metro Line No. 2, Metro Line No. 6, and the Long Son General Port, are also part of the portfolio. The city's ambitious expansion, incorporating former provinces and its large Korean population, attracted $17.8 billion in foreign investment in the first nine months of 2026, surpassing the annual target of $11 billion.

Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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