{"id":5529,"date":"2026-05-19T13:42:59","date_gmt":"2026-05-19T06:42:59","guid":{"rendered":"https:\/\/dinhhongky.com\/uncategorized\/tp-hcm-truoc-buoc-ngoat-lon-nhat-tu-sau-doi-mo\/"},"modified":"2026-05-28T14:15:02","modified_gmt":"2026-05-28T07:15:02","slug":"tp-hcm-truoc-buoc-ngoat-lon-nhat-tu-sau-doi-mo","status":"publish","type":"post","link":"https:\/\/dinhhongky.com\/en\/articles\/tp-hcm-truoc-buoc-ngoat-lon-nhat-tu-sau-doi-mo\/","title":{"rendered":"Ho Chi Minh City at Its Biggest Turning Point Since \u0110\u1ed5i M\u1edbi"},"content":{"rendered":"

Mr. Dinh Hong Ky gave an interview to VnExpress<\/em>, published on May 19, 2026.<\/p><\/blockquote>\n

Thirty-five years after becoming a symbol of Vietnam\u2019s \u0110\u1ed5i M\u1edbi era, Tan Thuan Export Processing Zone is entering a new phase of transformation alongside Ho Chi Minh City as it searches for a new growth model following regional integration.<\/p>\n

In 1991, when Vietnam\u2019s economy was still cautious about market-oriented reforms, Ho Chi Minh City chose Tan Thuan as a bold experiment. The city partnered with Taiwanese investors to develop a new-style export processing zone featuring synchronized infrastructure, export-oriented manufacturing, a \u201cone-stop\u201d administrative mechanism, and foreign direct investment attraction.<\/p>\n

From Tan Thuan, Ho Chi Minh City continued to develop Linh Trung, Tan Binh, and later a series of industrial parks stretching across the Southeast region. Tens of thousands of workers migrated to the city, helping transform it into the country\u2019s largest manufacturing and export hub for many years.<\/p>\n

\u201cTan Thuan Export Processing Zone was once a symbol of Ho Chi Minh City\u2019s spirit of daring to think and daring to act,\u201d said Associate Professor Dr. Tran Hoang Ngan, Member of the National Assembly and Chairman of the Development Innovation Advisory Council at Saigon University.<\/p>\n

Within the structure of the post-merger mega-city, the former Ho Chi Minh City area is being positioned as a center for finance, technology, and innovation; Binh Duong is expected to serve as a large-scale industrial manufacturing hub; while Ba Ria \u2013 Vung Tau will function as a logistics, seaport, and marine economy center. This transformation means that inner-city industrial zones can no longer continue operating under their old models.<\/p>\n

\"\"<\/p>\n

In recent years, Tan Thuan has already begun shifting direction. The export processing zone currently hosts more than 250 active projects, with over 70% being foreign-invested enterprises. Instead of focusing on rapid occupancy, Tan Thuan has proactively selected investors to increase technological content, attracting companies such as Renesas and VNG. The area is no longer merely a manufacturing hub, but is gradually evolving into a high-tech concentration point.<\/p>\n

However, Vietnam\u2019s first export processing zone is facing a major paradox. Tan Thuan\u2019s operational license is set to expire in 2041, leaving only around 15 years of actual operating time remaining. This has made many investors hesitant when considering long-term technology or research projects.<\/p>\n

Bottlenecks in Implementation<\/h2>\n

From a business perspective, Mr. Dinh Hong Ky, Chairman of the Ho Chi Minh City Construction and Building Materials Association, believes that the greatest concern of the business community today is no longer the lack of mechanisms, but rather that \u201cmechanisms already exist, yet their conversion into real value remains far too slow.\u201d<\/p>\n

According to him, after more than a decade of slowing growth, Ho Chi Minh City is forced to change its development model if it wants to reclaim its role as Vietnam\u2019s leading economic engine.<\/p>\n

\u201cHo Chi Minh City does not lack capable businesses, major investors, or investment capital seeking entry. What is still lacking is clarity on who has the authority to decide, how long decisions take, and who bears responsibility if delays occur,\u201d he said.<\/p>\n<\/article>\n

\"\"<\/p>\n

He believes the biggest bottleneck lies in implementation. Many projects are not short of capital, and businesses have sufficient capability, but execution remains prolonged due to overlapping procedures, manual coordination among departments, and a fear of responsibility.<\/p>\n

\u201cIf officials are still afraid of making mistakes, afraid to sign, and unwilling to make decisions, then breakthroughs will remain extremely difficult, no matter how many new mechanisms are introduced,\u201d Mr. Ky stated.<\/p>\n

Link to the article on Vnexpress: https:\/\/vnexpress.net\/tp-hcm-truoc-buoc-ngoat-lon-nhat-tu-sau-doi-moi-5073309.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mr. Dinh Hong Ky gave an interview to VnExpress, published on May 19, 2026. Thirty-five years after becoming a symbol of Vietnam\u2019s \u0110\u1ed5i M\u1edbi era, Tan Thuan Export Processing Zone is entering a new phase of transformation alongside Ho Chi Minh City as it searches for a new growth model following regional integration. In 1991,…<\/p>\n","protected":false},"author":3,"featured_media":5530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-5529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/posts\/5529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/comments?post=5529"}],"version-history":[{"count":2,"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/posts\/5529\/revisions"}],"predecessor-version":[{"id":5532,"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/posts\/5529\/revisions\/5532"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/media\/5530"}],"wp:attachment":[{"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/media?parent=5529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/categories?post=5529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinhhongky.com\/en\/wp-json\/wp\/v2\/tags?post=5529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}