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Good practice Imported

Saigon Hi-Tech Park (SHTP) — Vietnam's First High-Tech Zone

Vietnam · Ho Chi Minh City · See the Vietnam profile · See the Ho Chi Minh City profile

Evidence: Descriptive / self-reported Top 42% 71/100 · Ask Evidence Copilot about this practice

Vietnam's first high-tech zone (2002): 160 projects, US$12.3B committed capital, 52,000+ workers, US$20.7B in high-tech exports in 2024 (+18% YoY). Intel, Samsung, Nidec, and Jabil anchor a park expanding from 326 ha to 913 ha.

20.7 US$ billion
High-tech exports (2024)
18 %
Year-on-year export growth (2024)
12.3 US$ billion
Committed investment capital
52000 workers (52,000+)
Workforce
161.9 US$ billion
Cumulative exports since inception
Saigon Hi-Tech Park (SHTP) — Vietnam's First High-Tech Zone

Details

Promoter
SHTP Management Board / Ho Chi Minh City People's Committee
Period
2002–present
Keywords
high-tech manufacturing, semiconductors, FDI, technology, electronics

Context

Saigon Hi-Tech Park is Vietnam's first high-tech zone, established in 2002 by the Ho Chi Minh City People's Committee in what is now Thu Duc City, and governed by a dedicated Management Board with strategic oversight at Prime Minister level under the national Hi-Tech Zone Law.

Activities

The park hosts 160 active investment projects on 326 hectares (95% utilised), anchored by Intel's semiconductor assembly-and-test facility alongside Samsung, Nidec, Jabil and Rockwell Automation, and is expanding to 913 hectares under a 2024 Prime Minister-approved plan that pivots the zone toward R&D, incubation and higher-value commercialisation.

Results

By 2024 the park had attracted US$12.3 billion in committed capital, employed more than 52,000 workers, and generated US$20.7 billion in high-tech exports (up 18% year-on-year), with cumulative exports of US$161.9 billion since inception and 12 new projects worth over US$1 billion expected by end-2025.

Conclusions

The dominant activity remains high-tech assembly and testing rather than design R&D, Vietnam has not independently audited the park's impact data, and workforce disaggregation by gender or skill level is not publicly reported.

Implementation
Indicative cost
Very high (> €5M)
Time to results
Long (> 3 years)
Staffing & skills
SHTP Management Board (park governance), Ho Chi Minh City People's Committee, strategic oversight at Prime Minister level

Conditions for success

  • A dedicated legal framework (the national Hi-Tech Zone Law) with high-level (Prime Minister) backing for expansion decisions
  • Anchor multinational tenants (Intel, Samsung, Nidec, Jabil) providing sustained investment and export volume
  • Continuous government-approved land expansion (326 ha to 913 ha) to accommodate growth

Where it fits

Governance type
national/municipal
Scale
national
Income level
lower-middle-income

Commonly funded by

National / regional programmes

Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.

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Data sources

Where this practice's information was retrieved from, and when.

Attachments

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