Ho Chi Minh City: Maintaining its position as the country's export pillar

(HTV) - As the largest economic center of the country, over the years, Ho Chi Minh City has always maintained a key role in export activities, the leading destination for foreign investment capital.

In April 2025, after nearly 3 years of preparation, the Lego Vietnam Factory officially came into operation, with a total investment of 1.34 billion USD. This is also the Group's first carbon-neutral factory globally located in Vietnam.

Lego Vietnam factory officially comes into operation with a total investment of 1.34 billion USD

Lego's choice of Binh Duong - a new area in Ho Chi Minh City - shows the increasingly strong attraction of FDI, especially from foreign investment 'eagles'.

In fact, many billion-dollar projects of the world's leading corporations are present here such as: Polytex Far Eastern, KumHo, Kolon or Cheng Loong...

Ho Chi Minh City: Strong FDI attraction, launching pad for Vietnamese enterprises

Not only attracting international corporations, Ho Chi Minh City also creates a foundation for domestic enterprises to break through. At Cai Mep - Thi Vai port cluster, Hoa Phat Container Manufacturing Joint Stock Company has put into operation phase 1 of the largest container factory in Southeast Asia, with a capacity of 200,000 TEU/year. With more than 70% of the production process automated, taking only more than 140 seconds to complete a container, Hoa Phat has quickly secured large contracts with international customers.

Not only attracting international corporations, Ho Chi Minh City also creates a foundation for domestic enterprises to break through.

According to experts, what the City needs to aim for is not just attracting more capital, but improving the quality of capital flows associated with modern technology, open policies and mechanisms, and synchronous regional connectivity.

According to Mr. Nguyen Huu Nam - Deputy Director of the Vietnam Federation of Commerce and Industry (VCCI) - Ho Chi Minh City Branch: "With the merger of Binh Duong and Vung Tau, the Government of Ho Chi Minh City can come up with solutions, for example, Ho Chi Minh City only focuses on the financial sector, regional construction services such as Binh Duong will create a production area, while Vung Tau will build a seaport to serve businesses. Thus, with both production and services, and being a financial center, Ho Chi Minh City will have really good changes. Besides, to make the operation between finance, logistics and production better, it is impossible not to mention administrative procedure reform".

For Ho Chi Minh City's exports to develop sustainably, Prof. Dr. Nguyen Trong Hoai - Editor-in-Chief of the Asian Economic and Business Research Journal, Ho Chi Minh City University of Economics, said that the city needs a synchronous strategy, starting with optimizing logistics costs through connecting transport infrastructure and processing industry. He especially emphasized the importance of the policy of prioritizing the development of supporting industries associated with export strengths. According to him, this is the key to creating high-tech products and increasing value.

In addition, another urgent task is to "green" existing industrial zones to meet sustainable production standards. Prof. Dr. Nguyen Trong Hoai affirmed that this is a medium-term roadmap, requiring perseverance and determination for at least the next 5 years.

With its stature and position, Ho Chi Minh City continues to be the export leader and the destination of international capital flows. However, sustainable value does not lie in the registered capital, but in the quality of each project, in the level of connectivity and the ability to spread to the entire economy, thereby making the City truly become a regional industrial and service center.

>>> Please watch HTV News at 8:00 p.m. and 24G World Program at 8:30 p.m. every day on HTV9 channel.

Source: https://htv.com.vn/tphcm-giu-vung-vi-the-tru-cot-xuat-khau-cua-ca-nuoc-222250929143140749.htm