Upgrading the High-Tech Park to promote the development of Ho Chi Minh City

Currently, Ho Chi Minh City High-Tech Park has 161 valid projects, including 71 manufacturing projects, 18 service projects, 20 R&D projects, 8 training - incubation projects, 23 supporting industry projects. There are 10 leading high-tech corporations that have invested in the park including: Intel, Jabil, Rockwell Automation, Nidec, Nipro, NTT, Samsung...

The workforce at high-tech enterprises is about 47,000 workers, trained to meet the requirements from management, production operations to R&D. The number of university-level workers or higher in R&D increases sharply every year, of which the information technology sector accounts for more than 50%.

Since its establishment, Ho Chi Minh City High-Tech Park has had 3 affiliated units (R&D Research and Development Center, High-Tech Business Incubator, High-Tech Training Center) with the goal of supporting and linking with businesses to carry out science and technology (S&T) activities at SHTP.

Vice Chairman of the National Assembly Le Minh Hoan speaks at the meeting

Speaking at the meeting, Vice Chairman of the National Assembly Le Minh Hoan assessed that R&D (research and development) activities and expenditures from projects at SHTP accounted for over 47% of total private expenditures for R&D in Ho Chi Minh City, a very impressive figure.

On that basis, the Vice Chairman of the National Assembly “ordered” SHTP to help Ho Chi Minh City increase investment in innovation, research and development of the private sector even further in the coming time. At that time, the mission of the High-Tech Park will not only be limited to the area of the park, but will have a spreading effect, promoting the development of the private economy and investment in scientific and technological research.

“The Ho Chi Minh City High-Tech Park needs to set goals and directions to attract more private economic investment in research, thereby promoting the development of Ho Chi Minh City's economy, becoming the economic locomotive of the whole country; in which, focusing on small and medium enterprises. Regarding the investment in the Science Park, it should aim to become a science entertainment park, to attract students who love and have a passion for science and technology research. The High-Tech Park also builds an open space for science and technology to attract more businesses to invest in the high-tech field,” Vice Chairman of the National Assembly Le Minh Hoan emphasized.

Associate Professor, Dr. Le Quoc Cuong, Deputy Head of the Management Board of Ho Chi Minh City High-Tech Park, shares the operating situation at SHTP and future orientation.

Reporting to the delegation, Associate Professor, Dr. Le Quoc Cuong, Deputy Head of the Management Board of Ho Chi Minh City High-Tech Park, said that investment projects in SHTP all have commitments to spend on R&D activities. It is forecasted that by 2025, total spending on R&D is estimated to reach 250 million USD, an increase of 58% compared to 2021.

In particular, R&D spending from projects in the High-Tech Park accounts for over 47% of total private spending on R&D in Ho Chi Minh City and about 7% in Vietnam. SHTP aims to become a high-tech park not only limited to its geographical location, but also a multi-functional center that plays a role in promoting Ho Chi Minh City's economic growth.

“With the Science Park model, SHTP is planning to expand in the near future, with more space for exhibitions, testing, and demonstrations of high-tech products... Currently, SHTP is also organizing many competitions for students to encourage their passion for science, typically the Smart Urban Microchip Design Competition. In addition, to promote science and technology activities and innovation, the Management Board has developed a model of linking 3 parties (universities, research institutes, and enterprises) in high-tech research and production”, Associate Professor, Dr. Le Quoc Cuong shared.

The delegation visited research models and applications of science and technology at SHTP.

However, the Ho Chi Minh City High-Tech Park still faces many difficulties and problems such as: Lack of forecasting of technology trends in the world, difficulties in the process of technology transfer - product commercialization, no clear industrial planning in the law to guide development...

In the coming time, Ho Chi Minh City High-Tech Park will focus on implementing a number of projects to create breakthroughs in science and technology infrastructure such as expanding the Park with the additional function of a Science and Technology Park; upgrading the Research and Development Center to international standards (CoE); investing in infrastructure and equipment for semiconductors, biotechnology, AI, nanotechnology; converting the High-Tech Business Incubator into an Innovation Center, becoming an infrastructure for incubating and promoting Vietnamese innovation...

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Source: https://www.sggp.org.vn/nang-tam-khu-cong-nghe-cao-de-thuc-day-tphcm-phat-trien-post787408.html