Vietnam HCMC Investment Projects Drive Economic Growth

Ho Chi Minh City (HCMC) plans to raise VNĐ620 trillion (US$25.2 billion) in 2025. It will secure funding from various sources to speed up infrastructure development. The city will allocate VNĐ156.24 trillion in state capital. It expects VNĐ401.76 trillion from the private sector and VNĐ62 trillion from foreign direct investment (FDI). Authorities set a goal for science and technology investment. They aim to reach at least 1% of the Gross Regional Domestic Product (GRDP).

The city will focus investments on transport, energy, and telecommunications infrastructure to strengthen regional connectivity and support economic expansion. Major projects include five Build-Operate-Transfer (BOT) transport projects. These consist of Thu Thiem 4 Bridge, Can Gio Bridge, Ring Road 4, and the HCMC – Moc Bai Expressway. The city also prioritizes other key developments. These include the Tay Bac solid waste treatment plant and upgrades to Tan Son Nhat International Airport. Additional projects focus on the Can Gio international transshipment port and Lotte Eco Smart City. Investments will also extend to sports, culture, education, and healthcare projects to enhance quality of life.

Innovative funding & Investment for projects in Vietnam

State funding will be directed toward projects with interregional impact, those boosting sustainable economic growth, and initiatives less attractive to private investors. Municipal authorities aim to increase revenue collection, cut unnecessary spending, and eliminate investment bottlenecks. The government will encourage public-private partnerships (PPP). Furthermore, it will leverage remittance inflows, expecting 30% of remittances to be directed into investments.

As part of its 2023–2025 FDI strategy, the city is calling for investments in international transit ports, innovation and R&D centers, clean energy, semiconductor production, and electronics manufacturing. Authorities are preparing land, investment policies, and incentive mechanisms to facilitate investor access to 84 priority projects during 2024–2025. They are also working to streamline procedures for 11 planned transit-oriented development (TOD) zones, spanning 1,107 hectares, to create a modern urban infrastructure framework.

With these strategic investments, HCMC aims to enhance economic resilience, improve infrastructure efficiency. In conclusion, these will strengthen its position as a key investment hub in Southeast Asia.