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Saigon Hi-Tech Park unveils focus on green and digital transformation

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(Photo: Board of Management of Saigon Hi-Tech Park)

Saigon Hi-Tech Park (SHTP) in Vietnam hosted an enterprise networking event on Apr. 16, unveiling its focus for this year on digital and green transformation. This includes the development of 17 advanced technologies for green transformation and 10 emerging technologies, as it continues to progress towards innovative tech hub.

Nguyen Anh Thi, head of the SHTP management board, stated that the park is gradually achieving its goals set out in the 2021-2025 plan, such as implementing environmental improvement measures and investing in the development of technological infrastructure.

The 17 green transformation technologies includes IoT, solar energy concentrated solar system, blockchain, nanotechnology, 5G, biofuels, electric vehicles. While the 10 emerging technologies such as flexible batteries, artificial AI, sustainable aviation fuel, AI for health care are focused.

The park aims to increase renewable energy usage rate of 20% by 2029, with energy efficiency improving by approximately 7% to 10%, and a reduction in greenhouse gas emissions from power generation by 15% to 35%. Additionally, all new constructions must be 100% green buildings

SHTP is one of Vietnam's four high-tech parks, with 164 projects currently approved for investment, totaling around $12.4 billion. Among these, there are 53 foreign direct investment (FDI) projects with a total investment of $10.14 billion.

The park is home to high-tech companies in information technology, telecommunications, cybersecurity, and smart manufacturing, including major players like Intel, Samsung, Nidec, and Sanofi.

Furthermore, Nguyen Anh Thi highlighted during the meeting the establishment of a one-stop mechanism in accordance with the newly issued Decree No. 10 and Resolution No. 98, aimed at expediting administrative procedures. The goal is to transform the park into an innovative tech hub between 2030 and 2045.

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