HCMC expands supply chain for FDI enterprises

Public at: 02/11/2020 10:43:07
Accordingly, all the parties committed to sharing basic data about the number of enterprises, manufacturing sectors, and product categories in each industrial park, economic zone, and hi-tech park operating in the provinces and cities, and gradually building the ecosystem of supporting industry enterprises. This is also the basis for the direct connection between domestic enterprises and foreign direct investment (FDI) enterprises producing end products.
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Representative of the Management Board of Saigon High-Tech Park signs a cooperation agreement with the Management Board of export processing zones, industrial parks, and key economic zones in the South

At the signing ceremony, Ms. Le Bich Loan, Deputy Head of the Management Board of Saigon Hi-Tech Park, said that FDI and domestic enterprises mainly concentrated in the key economic region in the South. It is estimated that the production of the region accounts for 40 percent of the country's gross domestic product. The value of export turnover also accounts for 40 percent of the country. As for foreign investment attraction, the whole region has attracted US$173 billion out of $345 billion of total foreign investment capital. This has created a great demand for supporting industry products. Therefore, this signing will create favorable conditions for provinces to share information, shorten the supply-demand gap between domestic and FDI enterprises. In the long term, the parties will detail the way of connection, promote the resources and potential of domestic enterprises to promote business cooperation and participate in the global supply chain of supporting industry products.
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Hiep Phuoc Industrial Park - The strategic partner for the successful development of Enterprises

On the same day, the forum ‘Welcoming new investment waves’ was held by the Vietnam Investment Review. Data from the Foreign Investment Department under the Ministry of Planning and Investment shows that by October 20, the total registered foreign investment capital in Vietnam exceeded $23 billion, equal to 80 percent compared to the same period last year.
Hiep Phuoc Industrial Park, Nha Be District, Ho Chi Minh City with a total area of 1.686 ha
- Owning strategic location, is the largest industrial park in Ho Chi Minh City.
- Comprehensive technical infrastructure: electricity, water, waste water treatment, telecommunication, industrial gas network, ...
- The system of international seaports helps save time and transport costs. On-site customs clearance procedures facilitate the import and export of goods.
- Quick, free initial legal aid.
Over the past 20 years, 200 domestic and foreign investors have chosen Hiep Phuoc Industrial Park as their sustainable development partner. We are committed to continuous improvement and innovation to bring the highest benefit value for each investor when coming to Hiep Phuoc Industrial Park.