The Asian Science Park Association (ASPA) yesterday convened its 21st annual conference in Ho Chi Minh City, gathering over 400 participants from across the globe.

![]() At the conference
|
Nguyen Thanh Phong, Chairman of the HCM City People’s Committee, said the southern economic hub is working to build a 200-hectare science park that is estimated to cost 4.3 trillion VND (189.2 million USD).
The park will help develop green and space technologies serving the city’s growth demand, he added. Phong called on enterprises to continue investing in the local hi-tech sector, promising a favourable business climate and simplified administrative procedures.

Ho Chi Minh City has so far attracted 130 hi-tech projects worth 6.8 billion USD. By 2020, the sector is expected to generate 10 percent of the city’s gross regional domestic product.
As part of the conference, enterprises from the southern hub of Vietnam and ASPA members will organise an exhibition showcasing their standout products, while outstanding start-ups and hi-tech products will be awarded.
The ASPA is an international non-governmental organisation established in Japan in 1997 to promote development in the fields of science and technology, industry and economy in Asia. It now has 138 members, including three in Vietnam - Saigon Hi-tech Park, Da Nang Hi-tech Park and Hoa Lac Hi-tech Park.
Other News
- Government-backed waste management startups to be launched
- Hanoi makes remarkable leap in the DTI ranking
- Hanoi develops e-commerce database
- Hanoi to pilot multiple digital transformation models
- Government to set aside 3% budget for sci-tech development: Party Chief
- Hanoi aims to maintain its second-highest EBI ranking
- Hanoi honors outstanding faces in innovation, digital transformation
- Land deed digitization accelerated in Hanoi
- Vietnam's capital boosts iHanoi usage by citizens
- Technology, innovation identified as key drivers for Hanoi's growth
Trending
-
ASEAN Future Forum: Critical thinking essential for resilient ASEAN
-
Vietnam news in brief - February 25
-
Hanoi one of the must-visits on travelers' Asian dream lists
-
Most pleasurable ways to explore Hanoi
-
Vivid yellow flowers brighten spring in Hanoi
-
Vietnam heritage painting contest launched
-
Vietnam scales back plan to boost offshore wind
-
Indochina fine arts heritage in the heart of Hanoi
-
Keeping the spirit of Vietnamese folk paintings alive