(VEN) - 10 years since its establishment and development, the Saigon Hi-Tech Park (SHTP) has achieved impressive results and become a bright spot in investment attraction and international cooperation. It has also promoted production and business with various activities, including through research, transfers and development of high technology and training human resources, helping to create leverage to boost the city's socioeconomic development. Going along with HCMC's socioeconomic development SHTP Vice President Le Bich Loan said that to date, 61 projects have been granted investment certificates with total investment capital of over US$2 billion, including 29 foreign direct investment (FDI) projects and 32 domestic projects. There are also 27 operating high tech projects conducted by prestige world and domestic companies such as Intel and Jabil of the US; Nidec of Japan; Datalogic of Italy; FPT, Vinagame and Nanogen of Vietnam. Production value created by enterprises in SHTP in … [Read more...] about HCMC investment attraction targets high-tech industries
Tech industry
Foreign money pouring into hi-tech industries
By Quoc Hung in HCMC Many foreign investors in hi-tech industries, especially multinational companies, are continuing to pour money into Vietnam even though the world’s economy has yet to completely recover from the global financial crisis. Here are some of the big movers and shakers who have invested in the country. Hi-tech investors tap Vietnam Wintek Corporation, a Taiwanese manufacturer of touch screens for Apple iPhones, last month received an investment certificate to build a factory in the northern province of Bac Giang. The company is well-known for its LCD touch screens worldwide and is one of only two companies worldwide to produce them for the iPad. It will use more than 150,000 square meters of Quang Chau Industrial Zone to locate its factory, which is worth US$250 million. It will begin manufacturing touch screens for Apple iPhones and iPads this year. The Taiwanese company has also leased 18 hectares of land there to set up other facilities. Multinational … [Read more...] about Foreign money pouring into hi-tech industries
Hi-tech industry a potent growth engine in Vietnam
Conference to Promote Japanese Investment in Dong Nai Encourages Investors into High-Tech Industries
July 29, Dong Nai People's Committee and cooperated with Ministry of Planning and Investment, Japan External Trade Organization (JETRO), and Japan Businesses Association in Ho Chi Minh and in Vietnam holding a conference to promote Japan's investment in Dong Nai. The conference was attended by Member of the Central Party and Secretary of Dong Nai Party Committee Tran Dinh Thanh, Deputy Secretary of the Standing Committee at Dong Nai Party Committee Le Hong Phuong, Deputy Secretary of Dong Nai Party Committee and Chairperson of Dong Nai People's Committee Dinh Quoc Thai, Consulate General of Japan in Ho Chi Minh City, representatives for Japan Businesses Association, and 160 Japanese companies. … [Read more...] about Conference to Promote Japanese Investment in Dong Nai Encourages Investors into High-Tech Industries
Profile: Tech industry’s visionary Steve Jobs
Steven Paul Jobs, Apple's co-founder and longtime CEO, and Silicon Valley legend, died at the age of 56 on Wednesday after seven years of fight with cancer. Jobs, who suffered advanced pancreatic cancer since 2004, "died peacefully today surrounded by his family," Job's family said in a statement. … [Read more...] about Profile: Tech industry’s visionary Steve Jobs