Ho Chi Minh City pledges to develop an equal and transparent business climate for foreign firms, including those from Japan, to aid in business development plans in the southern economic hub, Vice Chairman of the municipal People’s Committee Vo Van Hoan said on December 9.

The Ho Chi Minh City Industrial and Export Processing Zones Management Board (HEPZA) has set a target to increase the average investment per hectare of industrial land to 15 million USD by 2025 from the current 6.32 million USD.

The Tan Thuan CMC Data Centre, considered the most modern and safest data centre and cloud computing infrastructure facility in Vietnam, officially opened on August 15.

VinaPhone Corporation has inaugurated two data centres at the Nam Thang Long Industrial Park in Hanoi and Tan Thuan Export Processing Zone in Ho Chi Minh City.

An eight-storey factory built at a cost of 100 billion VND (4.5 million USD) at the Tan Thuan Export Processing Zone in HCM City was inaugurated on October 13.