HCMC INDUSTRIAL PARKS DRAW US$772 MILLION IN Q1

A bird’s eye view of an industrial zone in HCMC – PHOTO: H.P

HCMC – HCMC’s export processing and industrial parks attracted US$772.14 million in investment in the first quarter of 2026.

The figure represents 18.17% of the full-year target of US$4.25 billion, the HCMC Export Processing and Industrial Zones Authority (HEPZA) reported on April 1.

Foreign investment reached US$452.86 million. This included 19 newly licensed projects worth US$101.66 million and 43 existing projects that increased capital by US$351.2 million.

Domestic investment totaled more than VND8.3 trillion (US$319.28 million). There were 19 new projects worth over VND3.8 trillion and 15 projects that added more than VND4.4 trillion.

Leased industrial land reached 46.67 hectares, while factory space leased totaled 102,604 square meters.

By the end of March, the zones had 5,374 valid projects with total registered capital of US$78.74 billion. Foreign-invested projects accounted for 3,209 projects worth US$57.57 billion. Domestic projects numbered 2,165 with registered capital of VND389.3 trillion (US$21.17 billion).

Of these, 4,820 projects were operational. Another 151 were under construction, 312 were completing procedures, and 91 were suspended.

Bui Minh Tri, head of HEPZA, said that recent developments in the Middle East have affected production activities. The impact has been seen in consumption, input supply, and logistics.

The sectors most affected include chemicals and petroleum products, electronics, garments, and seafood, particularly those reliant on Middle Eastern and European markets.

In the second quarter, the authority plans to implement a National Assembly resolution on establishing a free trade zone. It will also continue pilot conversions of five export processing and industrial zones, namely Tan Thuan, Tan Binh, Cat Lai, Hiep Phuoc, and Binh Chieu.

The authority is working to complete eco-industrial park certification for Phu My 3 Industrial Park. It also plans to accelerate appraisal and investment procedures for the Tan Phu Trung Artificial Intelligence Data Center project.

Source: The Saigon Times