Ho Chi Minh City announces approvals for US$13.58 billion in projects
The 12 projects include urban developments, ports, logistics facilities and manufacturing investments, with the largest valued at approximately US$6.61 billion.
Ho Chi Minh City said on October 28 that 12 projects worth approximately US$13.58 billion had obtained in-principle investment approval, investment registration certificates or both. The announcement came during the Autumn Economic Forum 2026.
The biggest investment is the International University Urban Area, whose value stands at approximately US$6.61 billion following an adjustment. Its developer is Berjaya Vietnam International University Urban Joint Stock Company. Next is Can Gio International Transshipment Port, valued at approximately US$4.92 billion.
Other port investments include Gemadept - Terminal Link Cai Mep Port, at approximately US$770 million. The facility covers around 120 ha, with annual design capacity of 25.6 million tonnes and the ability to handle vessels up to 250,000 DWT. My Xuan 6 Port, backed by Khai Anh Binh Thuan JSC, has investment of approximately US$66.6 million.
Swift Logistics accounts for approximately US$987.4 million in investment, while the first phase of Vinh Lap Industrial Park has registered capital of nearly US$380 million. The city also named the Smart Complex in Thu Thiem’s Functional Zone 2A, developed by Lotte Properties HCMC Co., Ltd.
Five manufacturing investments were also announced: Xinyi Glass Vietnam at US$230 million, Chang Yue Technology at US$70 million, II-VI Vietnam at US$45 million, GL Cables’ high-tech power cable plant at US$23.1 million and ITO Automation Technologies at US$8 million.
At the forum, Prime Minister Le Minh Hung witnessed a cooperation agreement signed by the city’s People’s Committee and the World Economic Forum. The partnership aims to encourage joint initiatives and mobilise resources to support the city’s goal of sustainable double-digit growth.
