Want to be in the loop?
subscribe to
our notification
Business News
HO CHI MINH CITY TO ESTABLISH SEVEN HIGH-TECH AGRICULTURAL ZONES
Ho Chi Minh City is set to establish seven high-tech agricultural zones, covering an area of 1,727 hectares, aiming to develop research centres and attract investment in modern agriculture.
Ho Chi Minh City People's Committee issued Decision No.3777/QD-UBND on June 24 on the establishment and promulgation of operating regulations for high-tech agricultural zones in the city.
Seven high-tech agricultural zones include the Ho Chi Minh City high-tech agricultural zone with an area of 88.17 ha; the Can Gio high-tech agricultural zone with an area of 89.74 ha; the Cu Chi high-tech agricultural zone with an area of 23.3 ha.

Illustration photo: baodautu.vn
The others are Nhuan Duc with an area of 470 ha, An Nhon Tay 470 ha, Binh Gia 383.22 ha, and Phuoc Hoa 203 ha.
According to the operating regulations, the zones aim to become centres for research and development in high-tech agriculture in the fields of crop cultivation, animal husbandry, aquaculture, forestry, medicinal plants, biotechnology, post-harvest technology, and high-tech services.
These zones will play a crucial role in integrating applied research, pilot production, testing, demonstration, technology transfer, incubation, and support for training high-tech human resources in agriculture, in line with global high-tech development trends and Vietnam's policies and orientations for high-tech agricultural development.
In addition, they will attract investment and highly skilled human resources at home and globally to implement high-tech applications in high-tech agricultural zones. They include linking research activities, high-tech applications, and the production of high-tech products in the agricultural sector.
Ho Chi Minh City People's Committee assigns Ho Chi Minh City High-Tech Agricultural Zone Management Board to directly manage the zones, and to organise the implementation of tasks related to investment, sci-tech, innovation, digital transformation, land, construction, environment, and other related fields as prescribed.
The management board is responsible for coordinating with relevant departments and agencies to build and develop the zones in a synchronised manner, ensuring investment efficiency and avoiding the creation of additional management entities.
According to the city's orientations, the planning of these zones must ensure the synchronisation of technical and social infrastructure, the application of smart, environmentally friendly management solutions, and the provision of smart management utilities to meet their operational needs, while complying with relevant legal regulations.
Projects in the zone must also meet the principles and criteria of high-tech applied agriculture, aiming to attract domestic and foreign businesses and experts to participate in research, production, and development of high value-added agricultural products.
Investment capital for these zones is mobilised from various sources, including the state budget, the city budget, government support programmes, and socialised resources from businesses. The city also encourages the application of specific financial mechanisms and risk acceptance in scientific research and innovation to promote the testing and application of new technologies in agricultural production.
Source: VIR
Related News
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.
LÂM ĐỒNG TARGETS DIGITAL ECONOMY TO ACCOUNT FOR 30 PER CENT OF GRDP BY 2030
Lâm Đồng Province aims to raise the digital economy’s contribution to around 30 per cent of its gross regional domestic product (GRDP) by 2030, as part of a five-year plan to develop digital economy and society issued recently. Under Plan No. 15358/KH-UBND, the province targets more than 60 per cent of small- and medium-sized enterprises (SMEs) to adopt digital technologies by 2030 while increasing the value of cashless payments to 30 times its GRDP.






















