Ho Chi Minh City unveils 12 investment projects worth over US$13 billion

Ho Chi Minh City announced 12 projects granted investment policy approval or investment registration certificates on October 28, with total investment exceeding VND337.22 trillion (about US$13.58 billion), at the Autumn Economic Forum (AEF) 2026.

The projects span seaports, logistics, urban development, industrial infrastructure, manufacturing and high technology.

The largest is the Can Gio International Transshipment Port, with investment of VND128.8 trillion (US$4.92 billion) across 571ha. Developed by Vietnam Maritime Corporation, Saigon Port JSC and Terminal Investment Limited Holding S.A., it is expected to handle 4.8 million TEUs by 2030 and 16.9 million by 2047. At least two berths are scheduled for completion by 2030.

Other port projects include Gemadept – Terminal Link Cai Mep, worth VND16.8 trillion and designed to handle 25.6 million tonnes of cargo annually; and My Xuan 6 Port, with investment of VND1.7 trillion and operations scheduled to begin in the fourth quarter of 2028.

Singapore's Tokgistic Pte. Ltd. will develop the Swift Logistics project at a cost of US$987.4 million, with operations expected to start in late 2026.

Urban development projects comprise the 880ha International University Urban Area in Xuan Thoi Son commune, whose investment capital has been raised to VND173.1 trillion from VND59 trillion. The project will integrate education, housing, commerce, healthcare, sports, parks and information technology facilities.

Lotte Properties HCMC Co., Ltd. is developing a VND60 trillion smart complex spanning 7.45ha in Functional Zone 2A of Thu Thiem New Urban Area, combining financial, commercial, service and residential facilities.

The first phase of Vinh Lap Industrial Park, covering 497.19ha, has registered investment exceeding VND9.7 trillion. Its investors include Vietnam-Singapore Industrial Park JV Co., Ltd., Becamex IDC Corporation and VSIP Quang Ngai Co., Ltd.

Manufacturing projects include a US$23.08 million high-tech power cable plant by GL Cables, a US$230 million energy-saving and specialised glass project by Xinyi Glass Vietnam, and a US$70 million metal casting and mechanical processing project by Chang Yue Technology.

In specialised technology, II-VI Vietnam Co., Ltd. will invest US$45 million in thermoelectric semiconductor materials and cooling modules, while Ito Automation Technologies Vietnam has registered an US$8 million project to manufacture automation equipment, robots and sensors and develop data management solutions.

According to the municipal Department of Finance, total social investment reached an estimated VND510.2 trillion in the first nine months of 2026, up 10.2% year on year.

Registered foreign investment, including new projects, additional capital and capital contributions or share purchases, reached US$17.8 billion, equivalent to 423.1% of the figure recorded in the same period last year and 162.4% of the full-year target. The city licensed 1,592 new projects worth over US$9.7 billion, while additional capital reached US$5.1 billion and capital contributions and share purchases totalled US$2.9 billion.

Domestic investors also received approval for 37 projects worth around VND209.9 trillion. These results reflect the city’s investment attraction, with both foreign capital and domestic projects providing additional resources for infrastructure development, urban development and business and production activities.

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