en.Wedoany.com Reported - Ho Chi Minh City is accelerating research and is expected to soon promulgate the "Special Urban Law," creating breakthrough mechanisms in areas such as decentralization, investment, finance, land management, and modern industrial urban development. This will provide a legal foundation for the restructuring of export processing zones and industrial parks, as well as their transition towards smart and modern production methods.
After expanding development space with Binh Duong and Ba Ria-Vung Tau regions, Ho Chi Minh City now has the conditions to build a regionally linked industrial, logistics, and high-tech ecosystem. However, traditional industrial models face limitations such as shrinking land reserves, pressure on infrastructure, and rising production costs. Investors are increasingly demanding digital infrastructure, green energy, and smart supply chains. Nguyen Trung Tin, Deputy Head of the Management Board of Ho Chi Minh City's Export Processing Zones and Industrial Parks, stated that the global supply chain shift, digital transformation, and green transition are driving export processing zones and industrial parks towards more modern and adaptable models. The Board is urgently finalizing reports on transformation directions and adjustments to leading industries, planning to integrate the development of high-tech, ecological, and smart industrial zones, and will submit them to the City People's Committee to formulate relevant proposals.
According to the established development direction, Ho Chi Minh City's central area will be developed into an international financial, trade, high-tech, and regional supply chain management center; the Binh Duong region is positioned as a center for high-tech industry, eco-industry, smart manufacturing, and inland logistics; and the Ba Ria-Vung Tau region will focus on the marine economy, international transshipment ports, logistics, and port-side industries. The three regions are functionally complementary, aiming to build a complete supply chain from research and production to logistics and export, thereby enhancing competitiveness and attracting strategic foreign investment. The business community believes that forming a free trade zone in the Ba Ria-Vung Tau area will create momentum for the development of logistics, ports, and international trade, and strengthen the connection between industrial parks, ports, and logistics centers in the southern region.
Experts suggest that Ho Chi Minh City needs to continue effectively implementing mechanisms and policies from National Assembly and Government resolutions, creating an open and transparent investment environment, and shortening the processing time for investment procedures. Le Van Minh, Deputy Director of the Ho Chi Minh City Department of Industry and Trade, pointed out that new special mechanisms are creating opportunities for the development of industrial parks, export processing zones, high-tech parks, and logistics centers related to export activities. He stated that developing a smart manufacturing ecosystem integrated with logistics and free trade zones is a long-term strategy aimed at transforming the economic structure towards a modern and sustainable direction, thereby enhancing international competitiveness.
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