HCM City, July 7 -- New export processing zones and industrial parks (IPs) in Ho Chi Minh City have expected to attract a total of 3.73 billion USD in investment in 2025 after merging Ba Ria - Vung Tau and Binh Duong provinces with the southern economic hub.

Le Van Thinh, Head of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA), stated that to achieve the set target, the city's IPs must clearly define key task groups that both build on past progress and meet the requirements for transitioning the development model of export processing and industrial zones in the coming period.

Efforts should focus on attracting both foreign direct investment (FDI) and domestic investment, with priorit...