Ho Chi Minh City

Mr. Thai Van Re - Director
Evaluation of investment environment
Consider investing in real estate is nearby Long Hau HCMC , Duc Hoa 1 Industrial Zone Xuyen , Duc Hoa Industrial Zone 3 is the preferred choice of foreign companies wishing to set office .. . Mr. Pham Vu Luan >> Detail
Department of Planning and Investment Ho Chi Minh
Address: No. 32 Le Thanh Ton Street, District 1, Ho Chi Minh City
Phone: (84.8)38272191 – 38293179
Website: dpi.hochiminhcity.gov.vn/Pages/default.aspx
The priority areas: Finance - Credit - Banking - Insurance; Commercial; Transportation services – Warehousing – Port services; Posts - Telecommunications and Information Technology - Communication; Property business – Real estate; Information and consulting services, Science and Technology; Tourism; Medical; Education – Training; Exclusively for Thu Duc City, Ho Chi Minh City prioritizes calling for investment in projects on human resource development, education and training and innovative start-up.

Geographical location: + Ho Chi Minh City (Old name was Saigon), established on July 2, 1976, is a centrally run city belonging to a special urban type of Vietnam (together with Hanoi), with a total natural land area of 2,095.239 km², has 16 districts, 1 city, 5 districts.
+ Location: There are coordinates from 10°10' - 10°38' North and 106°22' - 106°54' East, located in the transition zone between the Southeast and the Southwest. This is the largest city in Vietnam in terms of population and urbanization scale.
+ Geographically contiguous: Ho Chi Minh City share its boders with Binh Duong province to the north, Tay Ninh province and Long An province to the west, Dong Nai province and Bia Ria – Vung Tau province to the east, East Sea and Tien Giang province to the south.

Acreage: 2,095.5

Population: 8,993,082

Topographic: Ho Chi Minh City is located between the South East area and the Mekong delta. The terrain gradually slopes from the north to the south and from the east to the west.

Administrative units: Ho Chi Minh City has 22 administrative units, including 16 districts, 05 towns and 01 city

Natural resources: Local mineral resources are mainly building materials such as clays, sand, grit and grave; raw materials for ceramics and fluxes; other materials such as peat etc. There are only a few minerals that could meet partly the needs of the city: raw materials for construction materials, porcelain and glassware, fuels... Other minerals such as ferrous metals, non-ferrous metals (except aluminum), coal... all have no prospects or have not been discovered

Travel resources: Ho Chi Minh city has many famous places such as: Suoi Tien tourist area, Ky Hoa tourist area, Binh Quoi tourist village, Thu Duc stork garden, Dam Sen cultural park, Notre Dame Cathedral, Reunification Palace, Cu Chi tunnels, Nha Rong Wharf...

Human resources: In 2019, Ho Chi Minh City has 52% of the working age population, percentage of working age population has been trained reaches 37.3%

Traffic: The system is quite convenient with four means of transportation: Roadway, railway, waterway and airway. 
Roadway: Ho Chi Minh city is a transportation hub in the South with the Trans-Asia route, highways such as the Ho Chi Minh City - Long Thanh - Dau Giay Expressway, the Ho Chi Minh City - Trung Luong Expressway... and inner city roads.
Railway: the city has 4 railway stations, the one in Saigon center is the biggest station. 
Waterway: The city has international and domestic waterway ports such as: Cat Lai and Hiep Phuoc ports with the largest capacity in the country (30,000 ~ 60,000 DWT). In addition, the port system in neighboring provinces can be connected such as: Cai Mep, Thi Vai (Ba Ria Vung Tau), Long An international port - Long An province.
Airway: Tan Son Nhat Airport with an average of 750 to 800 flights to and from each day with a capacity of 36.5 million passengers/year.

Power system:

Water system:

Post and Telecommunication Systems: The system of post & telecommunication and internet is of international standard, which can provide effective, reliable and high quality services such as ADSL, rapid data transfer, wide broadband MAN designed as “one system, multi services”

Systems Industrial Zone: Industrial Parks: 
+ An Ha Industrial Park (123.51 ha)
+ Binh Chieu Industrial Park (27.34 ha)
+ Cat Lai II Industrial Park (136.95  ha)
+ Dong Nam Industrial Park (342.53  ha)
+ Hiep Phuoc Industrial Park (2,000 ha)
+ Ho Chi Minh City Automotive Mechanic Industrial Park (99.34 ha)
+ Le Minh Xuan Industrial Park (100 ha)
+ Tan Binh Industrial Park (128.7 ha)
+ Tan Phu Trung Industrial Park (542.64 ha)
+ Tan Tao Industrial Park (343.9 ha)
+ Tan Thoi Hiep Industrial Park (28.41 ha)
+ Tay Bac Cu Chi Industrial Park (208 ha)
+ Vinh Loc Industrial Park (203 ha)
+ Le Minh Xuan 3 Industrial Park (155.75 ha)
+ Hiep Phuoc Industrial Park (phase 1) (311.4 ha)
+ Hiep Phuoc Industrial Park(phase 2) (597 ha)
Export Processing Zones:
+ Sai Gon – Trung Linh Export Processing Zone (62 ha) 
+ Linh Trung Export Processing Zone (61.7 ha)
+ Tan Thuan Export Processing Zone (300 ha)

The economic structure:

+ Agriculture & fishery: 0.6%
+ Industry & construction: 22.2%
+ Service: 63.6%


- GRDP growth rate 2020: 1.39% 
- GRDP per capita 2020: 6.328 USD 

Attracting investment:

- Foreign investment (Up to 2020):
+ Total projects: 9.952 projects
+ Total foreign investment: 48,190 million USD
- The common corporate income tax rate is reduced to 20% (applicable from January 1, 2016).
- Applying the tax rate of 10% for a period of fifteen years to incomes of hi-tech enterprises and hi-tech agricultural enterprises according to the provisions of the Law on High Technology.
- Exemption and reduction of import tax for equipment, machinery, construction materials serving the formation of fixed assets and research activities.
- Exemption and reduction of import tax and VAT for goods imported for direct use in scientific research and technological development.
- For projects in the field of encouraging investment in agriculture and rural areas mentioned above, they are also entitled to additional policies: Exemption and reduction of land use fees; Exemption or reduction of land and water surface rents; Support, rent land, rent water surface of households and individuals; Exemption or reduction of land use levy upon change of land use purpose. Support human resource training; Support market development; Support consulting services; Support the application of science and technology; Support freight charges.

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