HCM City unveils 12 investment projects worth billions of dollars


Nguyen Van Duoc, chairman of the HCM City People’s Committee, with executives from companies planning to invest in 12 projects that have received in-principle investment approval or licences at the Autumn Economic Forum in HCM City on Oct 28. — Courtesy of organisers

HCM CITY: HCM City announced 12 investment projects covering seaports, logistics, urban development, manufacturing, and high technology at the 2026 Autumn Economic Forum on Wednesday (Oct 28).

The projects, which have received in-principle investment approval or licences, include several multibillion-dollar developments.

Among them is the Cai Mep Gemadept–Terminal Link Port in Tan Phuoc Ward, developed by Gemadept–Terminal Link Port JSC at a cost of VND16.84 trillion (US$643.1 million).

Khai Anh Bình Thuan JSC’s My Xuâan 6 Terminal will cost an estimated VND1.74 trillion ($66.6 million).

Lotte Properties HCMC Co., Ltd is investing VND60 trillion ($2.29 billion) in a smart complex in Functional Zone 2A of the Thu Thiem New Urban Area.

The Can Gio International Transshipment Port, a joint project by the Vietnam Maritime Corporation, Sai Gon Port JSC, and Terminal Investment Limited Holding SA, has a price tag of VND128.87 trillion ($4.92 billion).

Singapore-based Tokgistic Pte. Ltd is investing VND25.85 trillion ($987.4 million) in the Swift Logistics project.

The International University Township, developed by Berjaya Vietnam International University Township JSC, will cost VND173.12 trillion ($6.61 billion).

In industrial infrastructure, the first phase of the Vinh Lap Industrial Park will cost more than VND9.7 trillion ($379.7 million) for the Vietnam–Singapore Industrial Park Joint Venture Co., Ltd, Becamex IDC Corporation, and VSIP Quang Ngai Co., Ltd.

GL Cables Electric Cable Co., Ltd is investing VNĐ600 billion ($22.9 million) in a high-tech electrical cable manufacturing plant.

Xinyi Glass Vietam Co., Ltd is investing $230 million in a factory producing energy-saving float glass, low-emissivity coated glass, mirrors, laminated safety glass, and specialised automotive glass.

Chang Yue Technology Co., Ltd is investing $70 million in iron, steel, and non-ferrous metal casting and mechanical processing.

II-VI Vietnam Co, Ltd is investing $45 million in the production of thermoelectric semiconductor materials and cooling devices.

ITO Automation Technologies Vietnam Co., Ltd is investing US$8 million in the manufacture of automation equipment, robots, and sensors, and the development of data management solutions.

Organisers said the announcement highlighted the city's investment priorities and sought to strengthen links between investors, technology partners, and financial institutions.

City leaders congratulated the investors and expressed hope that their projects would be implemented soon, helping develop infrastructure, strengthen industrial production, and promote the use of advanced technology. — Vietnam News/ANN

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Vietnam , HCM , investment

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