Ho Chi Minh City targets AI, semiconductor investment in new-generation FDI drive
Ho Chi Minh City, June 20 -- Ho Chi Minh City is shifting its investment strategy from prioritising volume to attracting high-quality, high-impact technology projects, with a focus on semiconductors, artificial intelligence (AI), data centres and research and development (R&D). The strategy was outlined by representatives of the Saigon Hi-Tech Park (SHTP) Management Board at a press briefing on the city's socio-economic performance held on June 18. Le Thanh Nhan, head of the Investment Promotion Division at the SHTP Management Board, said foreign direct investment (FDI) remains a key driver of the city's high-tech development. SHTP currently hosts 166 valid projects with total registered capital of 13.728 billion USD, of which FDI account...
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