Ho Chi Minh City clears 12 investment projects exceeding US$13 billion
The approvals cover ports, logistics, urban development and manufacturing, including a US$5 billion transshipment port involving MSC.
Authorities in Ho Chi Minh City have authorised 12 projects representing more than US$13 billion in registered investment. The developments span port facilities, logistics, urban development, manufacturing and high technology.
Municipal People's Committee Chairman Nguyen Van Duoc presented investment approvals and registration certificates to Vietnamese and overseas investors at a high-level dialogue during the 2026 Autumn Economic Forum.
Among the projects is the US$5 billion Can Gio International Transshipment Port, whose participants include Vietnam Maritime Corporation (VIMC), Saigon Port JSC and MSC subsidiary Terminal Investment Limited Holding S.A. Another port development, the US$770 million Gemalink project in Tan Thuan ward, is being undertaken by Cai Mep Gemadept-Terminal Link.
Urban developments receiving approval include a US$6.6 billion international university township from Vinhomes subsidiary Berjaya Vietnam International University Town JSC. Lotte Properties HCMC is behind a US$2.29 billion smart complex located in functional area 2A within the Thu Thiem New Urban Area.
Singapore's Tokgistic Pte. Ltd. is developing the US$987.4 million Swift Logistics project. The approvals also cover the US$379.7 million first phase of Vinh Lap industrial park, involving VSIP, Becamex and VSIP Quang Ngai.
Manufacturing investments include a US$230 million glass production facility from China's Xinyi Glass Vietnam and a US$45 million project for thermoelectric semiconductor materials and coolers from US-based Coherent Corp. and its subsidiary II-VI Vietnam Co.
