The national high-tech development program focuses primarily on assisting local enterprises to master high technologies.

With a focus on becoming the best place for technology firms, the Ministry of Information and Communications (MIC) said Vietnam will shift from doing outsourcing to making its own products.

Construction on the country's the largest data centre, owned by FPT Telecom, officially started at the Hi-Tech Park in HCM City on Monday.

Experts suggest that to increase the attractiveness of the high-tech parks, together with effective special incentives, the high-tech parks should have a dynamic working environment, and modern and synchronous infrastructure.

Sensors that serve the building of smart urban areas are being developed at HCMC Hi-tech Park.

The HCMC authority has proposed the central Government approve construction of a hi-tech park, the second of its kind in the city, covering some 195 hectares in District 9.

HCMC authorities have called on enterprises to invest in projects to develop microelectromechanical systems (MEMS) and sensors, and have committed to create the most favorable conditions and incentives for investors.

IPV factory, located in HCMC Hi-tech Park, makes up a high proportion of Vietnam’s total export value. It is an important link for Intel to implement its development plan in the Internet of Things (IoT) era.

 VietNamNet Bridge – HCM City plans to attract more scientists with a new policy raising scientists' State-paid wages to VND150 million (US$7,140) per month.

 VietNamNet Bridge – Foreign-invested enterprises contribute less than the State sector, deputy director of the Viet Nam Institute of Economics Nguyen Chien Thang told the newspaper Hai quan (Customs).

 VietNamNet Bridge – Ho Chi Minh City has approved the application by the Republic of Korean Samsung Group to construct a US$1 billion electronics manufacturing facility at the city’s Hi-Tech Park.

 VietNamNet Bridge – The economic hub of Ho Chi Minh City has long been a centre for the development of science and technology in Vietnam, and the effective investment in the field has significantly contributed to speeding up the modernisation

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 VietNamNet Bridge – Northeastern Quang Ninh Province's People's Committee has decided to set up a steering board to accelerate investment procedures for a US$2 billion hi-tech park and urban township.

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HCMC’s government on Tuesday told Saigon Hi-Tech Park management board to mobilize private capital sources and loans for the second phase of the park instead of using the State budget only.

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