Ho Chi Minh City has been making waves with its recent bold reforms, aimed at creating a more attractive investment environment. One key initiative, reintroduced in 2024, is the one-stop mechanism at industrial and high-tech parks, designed to streamline investment procedures for businesses. This efficient approach has paid off, according to the Management Board of the Saigon Hi-Tech Park (SHTP). They report a significant reduction in the time needed for investment procedures, now taking just six to four months, a far cry from the previous two-year wait. Alongside procedural improvements, the city is also investing heavily in inter-regional transport and digital infrastructure, further enhancing its appeal. These advancements have not gone unnoticed by high-tech giants. NVIDIA, Marvell, Hyosung, and Evolution Data Centers Group are among those increasing their investments in Ho Chi Minh City. NVIDIA, in particular, has shown great interest in the city’s potential, sending re...
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