Ho Chi Minh Times

Thursday, Nov 06, 2025

Ho Chi Minh City Set to Attract New Wave of US Investment

Key sectors like technology, finance, and healthcare draw strong interest from US enterprises
Ho Chi Minh City is on track to attract a significant influx of investment from US enterprises, with several key projects proposed in sectors such as technology, finance, and healthcare. The recent HCM City Autumn Forum 2024, held in New York, sparked strong interest from US investors, with municipal authorities emphasizing the city’s openness to supporting US ventures. Chairman Phan Van Mai proposed making the forum an annual event to strengthen ties and boost bilateral investments.

In 2025, over 30 US companies are expected to return to Vietnam to deploy signed agreements and deepen connections with local businesses. Notable projects include the Smart Tech Group’s proposal for a $340-850 million battery production plant and Coteccons’ collaboration with Eaton Corporation on a data center in Saigon Hi-Tech Park. Meanwhile, NVIDIA and Marvell Technology are also exploring opportunities in AI, supercomputing, and chip design in Ho Chi Minh City.

The city's favorable conditions are attracting high-profile US investments, with experts like Philippe Ghanem from SquaredFinancial highlighting the potential for Ho Chi Minh City to establish itself as a new financial center in Asia.
Newsletter

Related Articles

Ho Chi Minh Times
0:00
0:00
Close
Dick Cheney, Former U.S. Vice President, Dies at 84
U.S. Secures Key Southeast Asia Agreements to Reshape Rare Earth Supply Chains
US and China Agree One-Year Trade Truce After Trump-Xi Talks
United States and South Korea Conclude Major Trade Accord Worth $350 Billion
Amazon Announces 14 000 Corporate Job Cuts as AI Investment Accelerates
Philippines’ Taal Volcano Erupts Overnight with 2.4 km Ash Plume
U.S. Innovation Ranking Under Scrutiny as China Leads Output Outputs but Ranks 10th
Porsche Reverses EV Strategy as New CEO Bets on Petrol and Hybrids
Singapore’s Prime Minister Warns of ‘Messy’ Transition to Post-American Global Order
China Presses Netherlands to “properly” Resolve the Nexperia Seizure as Supply Chain Risks Grow
Japan stocks surge to record as Sanae Takaichi becomes Prime Minister
Hong Kong set to co-host China’s Fifteenth National Games in historic multi-city edition
Shenzhen Expo Spotlights China’s Quantum Step in Semiconductor Self-Reliance
China Accelerates to the Forefront in Global Nuclear Fusion Race
China Imposes Sanctions on South Korean Shipbuilder Over U.S. Ties
Russia Positions ASEAN Partnership as Cornerstone of Multipolar Asia at Kuala Lumpur Summit
AI and Cybersecurity at Forefront as GITEX Global 2025 Kicks Off in Dubai
EU Deploys New Biometric Entry/Exit System: What Non-EU Travelers Must Know
China Issues Policy Documents Exclusively in Domestic Office Format Amid Tech Tensions
Ex-Microsoft Engineer Confirms Famous Windows XP Key Was Leaked Corporate License, Not a Hack
China’s lesson for the US: it takes more than chips to win the AI race
The Davos Set in Decline: Why the World Economic Forum’s Power Must Be Challenged
Australian government pays Deloitte nearly half a million dollars for a report built on fabricated quotes, fake citations, and AI-generated nonsense.
US Prosecutors Gained Legal Approval to Hack Telegram Servers
FIFA Accuses Malaysia of Forging Citizenship Documents, Suspends Seven Footballers
Wave of Complaints Against Apple Over iPhone 17 Pro’s Scratch Sensitivity
Three Scientists Awarded Nobel Prize in Medicine for Discovery of Immune Self-Tolerance Mechanism
Foreign-Worker Housing Project in Kutchan Polarises Japan’s Demographic Debate
Central Asia’s Economies Poised for 6.1% Growth in 2025
India’s GST Collections Surge to ₹1.89 Lakh Crore in September
ADB Approves New Country Strategy to Boost Indonesia’s Growth
Indian Firms Take Lead in Electronics Manufacturing Push
Hong Kong Retains Third Place in Global Financial Centre Ranking
Malaysia Proposes Dual-Supply-Chain Strategy to Attract Investment
Chinese Economist Urges China-India Collaboration to Unlock Growth
Japanese Corporations Shift Toward Enhanced Shareholder Returns
ADB Signs First Sustainability-Linked Loan for Bangladesh Textile Sector
Hong Kong Retail Recovery Driven by Tourism Rebound
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Tokyo’s Jimbōchō Named World’s Coolest Neighbourhood for 2025
Typhoon Ragasa Leaves Trail of Destruction Across East Asia Before Making Landfall in China
The Personality Rights Challenge in India’s AI Era
Big Banks Rebuild in Hong Kong as Deal Volume Surges
Italian City to Impose Tax on Visiting Dogs Starting in 2026
×