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Allied Telesis to invest in Saigon Silicon City

It has been unveiled that Allied Telesis signed an agreement on September 9 committing to jointly provide US$50 million of foreign direct investment in Saigon Silicon City.
Rising prices expected for HCMC aparments: report

The price of apartments in HCM City is expected to increase annually by 5-10 per cent for the next three years, according to a report by Jones Lang LaSalle Việt Nam (JLL Việt Nam), a foreign commercial real estate and property services provider.
FDI down as HCM City becomes more choosy

Among the reasons for FDI in the city to reduce this year is the shift by the administration towards high-quality and less labour-intensive industries.
Half-done Saigon Silicon Valley already on foreign investors radar

The construction of a Ho Chi Minh City-based hi-tech complex Saigon Silicon City Centre, modelled after Silicon Valley in the US, has only been kicked off but already sees numerous foreign investors having plans to invest once it comes into operation.
100 projects to showcase at HCM City Startup Day

More than 100 startup projects across Vietnam are introduced at an annual startup event that kicks off in Ho Chi Minh City on August 27.
Foreign firms dominate VN cosmetics

A South Korean cosmetic shop in HCM City. Vietnamese cosmetic producers cannot catch up with major foreign players in terms of technology, and the local firms are losing market share.
No zoning plan changes for Thu Thiem

The Ho Chi Minh City government has turned down proposed changes to the zoning plan for a section in Thu Thiem New Urban Area even though the changes would pave the way for a US$4-billion project to go up there.
Japan consortium to build $303-mln shopping mall under metro station

Ho Chi Minh City has reportedly sought the central government’s permission to partner with a consortium of Japanese investors to build a shopping mall beneath a metro station at a projected cost of more than VND6.86 trillion (US$303.2 million).
Data Innovation Summit to take place in HCM City

A forum on Big Data Innovation Summit 2016 will take place in August 26, 2016, in HCM City.
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